Shibaswap Dex Captures $1.5 Billion Locked in 2 Days, SHIB Platform Bumps ETH...
The crypto asset shiba inu (SHIB) now has a decentralized exchange (dex) platform called Shibaswap and since the trading protocol’s launch, the dex has $1.55 billion total value locked (TVL). The SHIB-fueled dex has a lot more liquidity than most platforms today as Shibaswap has been catching up to popular dex platforms like Pancakeswap and Sushiswap. Shibaswap Dex Gathers Significant Liquidity in 48 Hours Shiba inu has a leg up over dogecoin and baby doge this week as the meme-based crypto asset has launched a dex platform called Shibaswap. The dex Shibaswap is similar to dex....
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24-hours after launching, SHIB’s new ShibaSwap DeFi platform surpassed $1 billion in total value locked and it is raising fees on the Ethereum network. Dogecoin (DOGE) has proven to the world that even a project that started as a joke can gain value and notoriety in the cryptocurrency space. This phenomenon opened the door for multiple ‘meme’ cryptocurrencies to gain a foothold and a quick look at the trending tokens list on CoinMarketCap shows the meme effect has found a s foothold.The latest meme coin to capture investors' attention is Shiba Inu (SHIB), a project that originally gained....
Shiba Inu, a famed meme coin, has recently unveiled its DEX ShibaSwap. This comes on the heels of the growing popularity of SHIB as holders continue to show faith in the coin. The coin which was started as a joke has seen a lot of growth and seems to be taking a more serious tone […]
Shiba Inu new DeFi platform, ShibaSwap, has topped $1 billion in total value locked in just 24 hours after launch, and it is hiking Ethereum network fees. Shiba Inu Is A Product Of A Meme Coin Dogecoin (DOGE) has shown the world that even a joke project can grow in value and notoriety in the […]
The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week. Tuesday’s data shows out of all the decentralized finance (defi) application’s Uniswap dominates the $11 billion landscape by over 18%. Just recently, the defi space has touched a few new milestones as the ecosystem’s TVL this week has topped $11 billion. The dex Uniswap is dominating the defi landscape by 18.65% with over $2 billion TVL to-date. Uniswap is followed by Makerdao ($1.9B), Aave ($1.56B), Curve.fi ($1.22B), and the Wrapped....
There are concerns over ShibaSwap's transparency and security. Despite the immediate success of dog-themed decentralized exchange ShibaSwap, there are warnings the DEX’s liquidity providers are throwing capital into an opaque protocol of questionable security.Building on the popularity of their Dogecoin fork, Shiba Inu (SHIB), amid the Elon-Musk stoked dog-token trading frenzy, the coin’s developers launched their DEX with enticing yield incentives for liquidity providers on July 7.Within 24 hours of launching, the protocol had amassed a Total Value Locked (TVL) of more than $1 billion.On....