Crypto Network Tron Set to Capitalize on DeFi Boom With Wintermute as Market Maker

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 63%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

.TronFoundation's DeFi ecosystem has added over $1.2 billion in value since June even as the value locked on DeFi markets on other blockchains, such as Ethereum and Solana, has tapered off. By shauryamalwa

ecosystem's official market maker is likely to help boost trading volumes in a network that's already growing faster than rivals.

Wintermute, which trades billions of dollars across crypto markets daily, will provide stability for Tron's native TRX tokens and liquidity for major TRX trading pairs across various exchanges, Tron said Monday. That could help the token, which has daily trading volume of over $390 million across multiple crypto exchanges, data show, placing it among one of the most traded tokens but a fraction of ether's $22 billion daily volume.

Still, the network's popularity has been growing. Tron has added over $1.2 billion in value since June even as the value locked on DeFi markets on other blockchains, such as Ethereum and Solana,. In total, the ecosystem locks up over $5.5 billion worth of cryptocurrencies, with the decentralized lending market JustLend holding over $3.3 billion alone.

That could be due to JustLend's higher interest rates. Users earn some 10% a year on depositing USDD, Tron’s native stablecoin, compared with less than 1% on tether or USD Coin deposited on Ethereum-based Compound. And interest rates for USDT on Tron, for instance, are 3.4% a year. Wintermute was previously announced as a member of the Tron decentralized autonomous organization , allowing it access to mint and redeem USDD. In June, the DAO added some

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

tronfoundation shauryamalwa Tron taking a page from Solana's book and faking locked up value?

tronfoundation shauryamalwa $ATOM weekly chart 9/12/22

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 291. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว