The TVL of the Waves Protocol has grown to over $ 2 billion after a weak February

The TVL of the Waves Protocol has grown to over $ 2 billion after a weak February

  • Waves Protocol has grown by about 80 %
  • since the beginning of the year
  • neutrino and vires finance were the most important assets that cited the latest flower

WAVES Protocol, a platform for creating web 3.0-dapps that are currently in tenth place-with regard to the blocked total value-of all chains for the first time since October 2021, has exceeded a TVL value of $ 2 billion.

Although the TVL fell briefly the next day (last Wednesday), it rose again and tested the record value from last October.

As one of the few assets that, despite the latest market fluctuations, recorded a high level of value growth, Waves defied the slump in the early February days, which brought his TVL up to $ 700 million

It currently has a TVL of $ 2.4 billion, which corresponds to a profit of over 150 % compared to the month defi-lama data.

important protocols control the increase

The key to the 80 percent increase in Waves since the turn of the year is its most dominant protocol, Neutrino. Neutrino has benefited from massive improvements that have led to an increase in the blocked total value.

As the most important asset of the Waves ecosystem, this Defi toolkit, which aims to enable stable coin creation, has grown by 257 % last month and 58.68 % in the past seven days. With some important improvements in the algorithmic multi-asseticization protocol, its value has currently been shot to $ 1.42 billion, which corresponds to a dominance of 59.43 %

The other Waves protocol that comes close is Vires Finance, which currently has a TVL of $ 796.4 million. The non -kept, decentralized liquidity protocol rose by 133 % last month and 25.92 % last week.

On the market, the Waves-token also records proper profit coinmarketcap . Waves is currently changing the owner at $ 26.59 - an increase of 43.76 % in the last seven days.

The Waves Telegram community expects a huge Airdrop

The massive growth in the Waves ecosystem was further boosted by the news of an Airdrop in the Waves Community.

The Waves Protocol shared users via Twitter with Post Last Friday that the members of the Telegram-Community should expect an airdrop-Event this week.

"Well, Community! The big wave of fun and rewards comes! Next week a huge airdrop event awaits us in our group http://wavescommunity Waves-based token for simple activities! ” Waves team wrote.

users have to do simple activities to get waves-based tokens.


Source: Coinlist.me

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