Huobi Eco Chain’s TVL surges to $2.7b, but two DApps represent 86% of locked ...

Huobi Eco Chain’s TVL surges to $2.7b, but two DApps represent 86% of locked ...

The decentralized exchange Mdex and yield aggregator Filda represent roughly $2.4 billion of Heco’s $2.7 billion TVL combined. Despite Huobi Eco Chain attracting an impressive total value locked (TVL) since launching in December, just two DApps represent 86% of the blockchain’s TVL.According to crypto data aggregator, CryptoRank, approximately $1.98 billion or 73% of Heco's TVL is locked in the Mdex decentralized exchange. Mdex is Heco’s rival to PancakeSwap, an automated market maker offering yield farming incentives to users. In early April, Mdex also launched on BSC to gain access to a....


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