Optimism takes the lead in interactions with Perpetual Protocol
On February 24, according to the information on the Orbiter. finance page, the number of interactions between Optimism and the centralized Perpetual Protocol r…
On February 24, according to the information on the Orbiter. finance page, the number of interactions between Optimism and the centralized Perpetual Protocol reached 139433 in the past week, ranking first, far higher than the second AMM protocol Velodrome. In addition, DEX Uniswap, Synthetic Asset Issuance Agreement Synthetix and Ethereum Lossless Lottery Platform PoolTogether ranked 3-5.
In the past week, the interaction volume of the Personal Protocol on Optimism was nearly 140000, ranking first
Interpretation of the news:
The message above provides valuable information on the latest developments in the world of blockchain technology. Specifically, it highlights the growing number of interactions between Optimism, a layer two scaling solution for Ethereum, and Perpetual Protocol, a decentralized exchange (DEX) that enables both perpetual swap and options trading. According to data available on the Orbiter finance page, Optimism has emerged as the top performer in terms of interactions with Perpetual Protocol, with a whopping 139,433 interactions in the past week. This is significantly higher than the second-ranked protocol, Velodrome, which falls far behind the leader.
This news is particularly significant for blockchain enthusiasts and investors, as it reflects the growing popularity and adoption of decentralized exchanges, especially those built on layer two solutions like Optimism. These protocols offer faster and cheaper transactions, lower gas fees, and improved scalability compared to traditional blockchains. This means that users can interact with DEXs and execute trades more efficiently and cost-effectively, and this is reflected in the increasing volume of interactions observed on the Orbiter finance page.
In addition to Optimism and Perpetual Protocol, the rankings also include other popular decentralized exchanges and blockchain platforms. Uniswap, a leading decentralized exchange that uses an automated market maker (AMM) mechanism, ranked third on the list, followed by Synthetic Asset Issuance Agreement Synthetix and Ethereum Lossless Lottery Platform PoolTogether. These platforms have established themselves as popular choices among users looking for secure, transparent, and efficient ways to trade and interact with blockchain-based assets.
Overall, this message underscores the importance of blockchain technology and highlights the growing demand for decentralized exchanges and layer two solutions like Optimism. As users continue to seek faster and more cost-effective ways to transact with cryptocurrencies and other blockchain assets, these platforms are likely to see even more growth and adoption in the future.
In conclusion, the rise of Optimism and its growing interactions with Perpetual Protocol is a significant development in the world of blockchain technology. As decentralized exchanges and blockchain platforms continue to gain traction and popularity, we can expect to see more exciting developments and innovations in this space.
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/daily/3005.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
What is ZIL Blockchain (Blockchain BZZ)
What is ZIL Blockchain? At the Third China Computer Society Blockchain Technolog
-
The Stickiness of USDCs: A Cautionary Tale
It is reported that Conor, the business director of Coinbase, tweeted that it is noteworthy that a large part of USDCs are sticky and will not/cannot be redeeme
-
South Korea to Expand Voice Phishing Law to Include Cryptocurrency Telephone Fraud
It is reported that the Financial Services Commission (FSC), the highest financial regulator in South Korea, said on Tuesday that South Korea will expand its e…
-
Coinbase has included Dimo (DIMO) in the COVID-19 plan
On April 11th, Coinbase announced the inclusion of Dimo (DIMO) in the roadmap asset list. It is reported that Coinbase has previously decided to list the assets that have been deci
-
US Midsize Banking Alliance Requests Expansion of FDIC Insurance Coverage
On March 20th, the US Midsize Banking Alliance sent a letter to the US Treasury, the Federal Deposit Insurance Corporation, the Office of the Comptroller of Currency, and the Federal Reserve, requesting that the insurance coverage of the Federal Deposit Insurance Corporation (FDIC) be extended to all deposits in the next two years, with the relevant costs borne by the banks themselves. In its letter, the organization stated that expanding insurance coverage could immediately prevent a significant outflow of deposits from smaller banks and prevent more bank closures. The organization said that the recent banking turmoil has caused people to lose confidence in all banks except large banks, and it is necessary to immediately restore market confidence in the entire banking system. The US Midsize Banking Alliance requires the FDIC to provide two-year insurance for all deposits Analysis based on this information:The US Midsize Banking Alliance has requested that the FDIC, the US Treasury, the Office of the Comptroller of…
-
Hedge Funds Propose Purchasing Start-Up Deposits at a Discounted Price
According to reports, the US financial media Semafor quoted people familiar with the matter as reporting that hedge funds are proposing to purchase the start-up deposits of Silicon Valley Bank (SVB) at a price as low as 60% of the face value. After SVB was taken over by the Federal Deposit Insurance Corporation of the United States, Oaktree, a well-known non-performing debt investment company, began to lend a helping hand to startups. According to the report, this bid range reflects the expectation of how many uninsured deposits will eventually be recovered once the bank’s assets are sold or liquidated. According to the previous report of The Information, the traders of the investment bank Jeffrey are also contacting the founders of the start-up companies whose funds are trapped and proposing to purchase their deposit claims at a discount price. Hedge funds propose to purchase the startup deposits of Silicon Valley Bank at a discount Analysis based on this information:The US financial…
-
Web3 Security and Middleware Engine Hamster Announces Full Support and Compatibility for Sui Network
According to reports, the Web3 security development environment and middleware engine Hamster have announced full support and compatibility for the Move based Sui network. As of no
-
Twitter Inc. Merges with X Corp: What Does it Mean for the Loomer Lawsuit?
On April 11th, according to a court document disclosed by foreign media, Twitter Inc. recently revealed a significant development. The company is currently being sued by right-wing
-
7:00-12:00 – A Comprehensive Analysis of Allbridge, Voyager, Ripple, and Blur
7:00-12:00 Keyword: Allbridge, Voyager, Ripple, Blur
Summary of important developments at noon on April 2nd
As the financial market keeps advancing, different digital currencies ar -
Silicon Valley Banks Face Interest Rate Risk
On March 11, the bank team of Guoxin Securities Economics Research Institute believed that the problem of Silicon Valley banks this time was that they absorbed