Liquidity in Cronos DeFi Ecosystem Approaches $2.5 Billion
Cronos Ecosystem Worth Locked-Up (TVL) Hits $2.46B In keeping with DeFi Llama.
The screenshot beneath reveals that Cronos outperformed Osmosis, Polkadot and Concord in TVL.
Knowledge: DeFi Llama.
Over the previous seven days, the symptoms of the MM Finance AMM change and the MM Optimizer yield aggregator have been rising most actively – their TVL progress was 53% and 63%, respectively.
Knowledge: DeFi Llama.
The screenshot beneath reveals the Annual Charges of Return (APY) for some MM Optimizer swimming pools:
Knowledge: MM Finance.
Cronos is an EVM-compatible sidechain that runs parallel to the Crypto.org community and is ready to work together with the Cosmos ecosystem. The platform is positioned as a extremely scalable community for DeFi, NFT, and metaverses.
The launch of the beta model of Cronos passed off on November 8.
Recall that in early January, the quantity of liquidity of the DeFi platform Osmosis based mostly on Cosmos exceeded $1 billion.