DeFi, otherwise known as Decentralized Finance, is the latest craze in the world of cryptocurrencies. OKEX.com is a malta-based exchange that is bullish on DeFi, helping to push the envelope and grow the space to further open new opportunities for decentralized finance.
In an update from OKEX, a world-leading cryptocurrency exchange, OKEX has become the first to list Curve (CRV), the governance token of Curve Finance, a popular decentralized exchange facilitating low-slippage swaps of tokens with similar prices. This new listing further expands OKEx’s growing army of DeFi tokens.
According to OKEX data, the total locked value on Curve has reached over $506.79 million, ranking it first among DEX projects and fifth in the overall DeFi ecosystem. Curve has witnessed a 124% increase in the last 24 hours as yield farmers flock to the platform to take advantage of some of the highest APYs in DeFi.
Apart from the new listing of CRV, Aave (LEND) and Aragon (ANT) were also listed earlier this week and Serum (SRM) spot trading against BTC and USDT will be available from 5:00 am UTC on Aug. 14.
OKEX has now listed 16 DeFi tokens in total in order to meet the needs of its global user base.
About OKEX
A world-leading cryptocurrency spot and derivatives exchange, OKEX offers the most diverse marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks. We provide spot and derivatives trading — including futures, perpetual swap and options — of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and mitigate risks.
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