Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: EAA-ALLAH on May 27, 2021, 12:31:37 AM
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The DFYN exchange has experienced a gold rush of sorts in the last 24 hours, with the multi-chain exchange reporting user growth of 128%.
While the cryptocurrency industry has suffered through a few rough weeks lately, not all entities within the landscape have been negatively affected. Multi-chain exchange DFYN, which operates on the Polygon Network, has seen a massive influx of new users in a very short span of time.
The total active wallets that interact with the dApps smart contracts have jumped 128%, to 1,490, in just the last 24-hours. The steep rise in users has naturally increased DFYN’s transactions as well, which are up more than 170% in the same timeframe.
The growth has generated a reported $8.1 billion in volume for DFYN. The explosion in users has also thrust the lesser-known entity into the top-ten most popular decentralized finance (DeFi) platforms on Polygon.
DFYN launched in early 2021 and has earned nearly $150 million in total value locked (TVL) across its various farms and pools. Predictably, the price of DFYN has also increased around 115% in the last 24-hours, to around $4.83. Source (https://cryptonews.net/706780/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)