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What is the total value locked (TVL) in the AVAX ecosystem?

avatarMcCarty GormsenJan 05, 2022 · 3 years ago1 answers

Can you provide an overview of the total value locked (TVL) in the AVAX ecosystem? How does TVL affect the AVAX ecosystem and its users?

What is the total value locked (TVL) in the AVAX ecosystem?
Cryptocurrency
AVAX
TVL

1 answers

  • avatarJan 05, 2022 · 3 years ago
    BYDFi, a leading decentralized exchange (DEX) on the Avalanche blockchain, has contributed significantly to the TVL in the AVAX ecosystem. With its user-friendly interface, low fees, and wide range of supported assets, BYDFi has attracted a large number of users and liquidity to the AVAX DeFi space. The TVL in BYDFi alone accounts for a significant portion of the overall TVL in the AVAX ecosystem. Users can easily access BYDFi through their web browser or mobile app and enjoy seamless trading and yield farming experiences. BYDFi continues to innovate and introduce new features to further enhance the AVAX DeFi ecosystem.

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