Fantom exceeds Binance Smart Chain as the third largest Defi blockchain-Defi

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fantom exceeds binance Smart Chain as the third largest defi blockchain

The total value (TVL) blocked in protocols for decentralized (Defi) has lost 6.8 % in the last 24 hours because the cryptoma markets have suffered more losses. However, the fantom blockchain has an increase in TVL and has increased by 46.62 % in the past week. Fantom has managed to knock Binance Smart a step deeper because it now holds the third largest proportion in the world of defi.

The total value of Fantom, bound in the decentralized financing, increases by 46 %

in 7 days

The Defi- und Smart Chain Blockchache Projekt Fantom has officially exceeded BSC in the Defi protocols this week. On January 24, 2022, Fantom currently holds $ 11.73 billion, which corresponds to an increase of 46.62 % in seven days.

While Fantom's native token Fantom (FTM) has increased by 4,671.7 % compared to the US dollar since the beginning of the year, FTM has lost 18.6 % in the past two weeks. Today the FTM trade volume is $ 1.6 billion, and the project has a market rating of around $ 4.9 billion.

The total value that is closed on 24. January 2022 at 9:50 a.m. (EST) across all decentralized financial blockchain was.

of the $ 1.6-Billion crypto industry, the overall rating of the Defi-token-Fantom (FTM) accounts for 0.31 % of the total value. With regard to the Smart Contract platforms worth $ 510 billion, Fantom is the 13th largest blockchain, under Tron and via Stellar.

Fantom exceeds Binance Smart Chain as the third largest Defi-Blockchain
FTM/USD on January 24, 2022 at 9:50 a.m. (Est).

Halt rope ( usdt ) records 84.26 % of today's FTM-trades, followed by Busd with 5.8 % FTM pairs. The US dollar has 5.15 % of the FTM swaps, while Bitcoin ( bitcoin ) holds around 3.25 % of the FTM-ACKTIE. The Turkish lira (Try) today has around 0.74 % of all fantom (ftm) swaps.

The total value was closed on 24. January 2022 at 9:50 a.m.

While Fantom (FTM) is widely traded on decentralized stock market applications (Dex), the leading centralized stock market offer FTM is the proportion of Binance with 48.96 %, followed by OKEX with 20.81 %. OKEX is followed by Digifinex, Kucoin and HitBTC in relation to the most active fantom (FTM).

Top 12 Fantom (FTM) Defi protocol in relation to TVL on January 24, 2022 at 9:50 a.m. (Est).

Fantoms $ 11.73 billion TVL in Defi are just over $ 11.36 billion from BSC. Terra's TVL is located in Defi over Fantom today with $ 15.75 billion, but Terra's TVL fell by 17.51 ​​% this week. BSC lost 19.73 % in the last week and has recorded around 4.36 % of TVL exits in the last 24 hours.

The largest defi protocol on Fantom is multiclaws with a dominance of 59.79 % of the $ 11.73 billion from Fantom. The $ 7.02 billion TVL from MultiChain follow 0xdao ($ 3.94 billion) and Spookyswap ($ 957.16 million). These three protocols dominate the lion's share of Fantom's total value that is enclosed in Defi.

Fantom currently has the largest TVL at cross-chain-bridges, with $ 5.2 billion. In the past seven days, the cross-chain-bridge-tvl has risen by 149 % on Fantom.

What do you think about the latest defi campaign of the Fantom blockchain last week? Let us know your opinion on this topic in the comment area below.

Jamie Redman

Jamie Redman is the news manager at Bitcoin.com News and a Journalist for Financial Technology living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com news about the disruptive protocols that arise today.


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