Polkadot's ecological TVL hits a new high, supported by Bitso's multi-chain revenue
远山洞见2024/12/06 07:20
On December 5th, according to official Twitter data, the TVL (total locked position) of Polkadot's decentralized exchange (DEX) @hydration_net reached a historical high. HydraDX's Omnipool liquidity showed significant growth, including new liquidity for assets such as USDT and iBTC, further highlighting Polkadot's strong performance in the DeFi ecosystem.
Meanwhile, Latin America cryptocurrency exchange Bitso announced that its Earnings feature has added support for multiple mainstream assets, including ETH and SOL, while ADA and DOT will be launched in the first week of December. Previously, Bitso has supported stablecoins USDC and USDT, and this new feature will further enhance its competitiveness in the field of multi-chain revenue services.
Polkadot, as a cross-chain protocol, stands out in the blockchain ecosystem with its unique interoperability and scalability. Through the Polkadot network, cross-chain transmission of data and assets can be achieved between different blockchains, supporting the development of cross-chain DApps, thus becoming an important cornerstone of multi-chain interaction.
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