TVL

Grand Cayman, Cayman Islands, October 1st, 2024, Chainwire The Move-based protocol becomes the 8th largest blockchain by Total Value Locked, amid USDC integration and thriving developer ecosystem Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, has crossed the $1B mark in Total Value Locked (TVL), based on publicly available data from DeFiLlama. Leveraging the network’s public goods, like its innovative central limit order book, DeepBook, Sui’s TVL has grown over 2700% over the past twelve months.Data…

SUI has recently emerged as one of the top-performing altcoins, posting an impressive 120% surge since early September.  This rapid price increase has captured the attention of both investors and analysts, as data from DefiLlama reveals that SUI’s Total Value Locked (TVL) is approaching the $1 billion mark. The rising TVL has fueled speculation that SUI could be on the brink of reaching a new all-time high, with many pointing to its growing ecosystem and increasing adoption as key factors…

The post TRON’s Impressive Growth in August 2024: Fees, Revenue, and TVL Surge appeared first on Coinpedia Fintech News In August 2024, TRON DAO experienced remarkable growth across key metrics, as outlined in their latest monthly report. The blockchain saw a rise in revenue, increased trading volume, and consistent total value locked (TVL), making it one of the most active networks in the crypto space. But what else contributed to TRON’s success this month? Tron’s Financial Statement According to a…

Singapore, Singapore, September 9th, 2024, Chainwire Merlin Chain, a revolutionary Bitcoin Layer 2 platform, has achieved unprecedented milestones in just six months, solidifying its position as the largest Layer 2 in the Bitcoin ecosystem. With a Total Value Locked (TVL) surpassing $1.2 billion and bridge transactions exceeding $16 billion, Merlin Chain has redefined how users interact with Bitcoin, empowering native assets, fostering liquidity, and driving innovative ecosystem developments. Since its launch in early 2024, Merlin Chain has grown into the…

Singapore, Singapore, August 21st, 2024, Chainwire The landmark milestone marks the start of a new era for Bitcoin’s utility Following the launch of FBTC, an omnichain Bitcoin asset maintaining a 1:1 peg to BTC, Ignition today announced that FBTC has crossed $100M in Total Value Locked (TVL) according to Dune. Also announced is the “Sparkle” campaign, where early FBTC holders will receive points-inspired “Sparks” for future rewards. FBTC is supported by core contributors Mantle, a burgeoning DAO-led blockchain ecosystem built…

Blockchain for data Flare has posted some impressive milestones that attest to significant ecosystem growth. One million wallets have now been created as new users onboard and begin exploring the growing number of dapps that have launched on Flare, bringing valuable liquidity with them bridged from other chains. Total Value Locked (TVL) on Flare has now surpassed $13M, driven by leading protocols including Clearpool, Sceptre Liquid, and Enosys. Sceptre is the leading liquid staking protocol on Flare, recording more than $10M…

Mantle (MNT), an Ethereum layer-2 (L2) project, has recently gained widespread attention. MNT, its native cryptocurrency, has also outperformed tokens from other blockchains in the same category. However, this analysis focuses on a recent change. Fall in Mantle TVL Drives Ripple Effects on the Network According to DeFiLlama, Mantle’s Total Value Locked (TVL) reached an all-time high of $636.50 million on July 24. TVL, as it is commonly called, measures the value of assets locked or staked in a protocol.…

The BNB Smart Chain (BSC) experienced a mixed performance in the second quarter (Q2) of the year as the broader cryptocurrency market cooled off after a strong price surge in March. While BNB, the native token of the BSC, remained mostly flat, down 5% quarter-over-quarter (QoQ), the network’s key metrics showed both positive and negative trends. Binance Smart Chain Revenue Plunges According to a recent report by market intelligence platform Messari, the chain’s revenue, which measures the total fees collected…

Paris, France, July 10th, 2024, Chainwire The pioneering company behind Usual, Usual Labs, an innovative protocol bridging traditional and decentralized finance (DeFi) through its first USD0 stablecoin, is thrilled to announce the commencement of its public pre-launch phase. This milestone follows a fruitful private launch, during which Usual Labs secured an impressive $75 million in Total Value Locked (TVL) commitments from over 180 prominent DeFi leaders and investors within a month. USUAL stands as a secure, transparent, and decentralized Tether,…