Tron Now Commands the Third-Largest TVL in Defi — Network's Stablecoin USDD Confronted by Skepticism – Defi Bitcoin News

and the blockchain was ranked number five in terms of TVL size by chains. On that day, Tron’s TVL was down 16.16% lower than it was on May 5, but after the Terra fiasco subsided, Tron claimed the third position in terms of TVL in defi.This month, Tron’s defi TVL increased 45.22% and over the last seven days, as it has risen by 13.73%. Tron’s TVL is dominated by a defi protocol called Justlend, as 48.19% of Tron’s aggregate held in defi is hosted on theapplication. Justlend has $2.

$1.08 billion was added to Justlend since May 21, as the protocol’s TVL increased by 58% since then. Furthermore, Justlend wasby the blockchain security company Certik. Similar to Anchor, USDD deposits on Justlend offer 23.55% APY at the time of writing. Other notable defi applications on Tron, in terms of TVL balances, include Juststables and Sunswap. Juststables has a TVL balance of $1.41 billion and Sunswap has just under a billion in total value locked. USDD has also managed to become the ninth-largest stablecoin among all the fiat-pegged tokens in existence.

The Tron stablecoin’s market valuation today is $603 million and it has seen $179.6 million in 24-hour global trade volume. Statistics from Cryptocompare indicate that

Wow! Truly the ScallopDefiBank project is awesome! it's the first Defi banking platform that offers a revolutionary bank account that enables users to exchange cryptocurrencies! $SCLP Scallop DeFi Cryptocurrency Banking blockchain

Ya’ll really don’t learn huh?

You know about holacoins The next level BTC will be HAC i.e Hola Coin (In Implementing phrase)

Well-deserved. Haven't seen a cheaper network to trade usdt on

It's no longer a good idea to have large value locked without being backed

Good news

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