Cronos Ecosystem Value Locked-Up (TVL) Hits $2.46B According to DeFi Llama.
The screenshot below shows that Cronos outperformed Osmosis, Polkadot and Harmony in TVL.
Data: DeFi Llama.
Over the past seven days, the indicators of the MM Finance AMM exchange and the MM Optimizer yield aggregator have been growing most actively – their TVL growth was 53% and 63%, respectively.
Data: DeFi Llama.
The screenshot below shows the Annual Rates of Return (APY) for some MM Optimizer pools:
Data: MM Finance.
Cronos is an EVM-compatible sidechain that runs parallel to the Crypto.org network and is able to interact with the Cosmos ecosystem. The platform is positioned as a highly scalable network for DeFi, NFT, and metaverses.
The launch of the beta version of Cronos took place on November 8.
Recall that in early January, the volume of liquidity of the DeFi platform Osmosis based on Cosmos exceeded $1 billion.
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