DeFi ecosystem

Tether (CRYPTO: USDT) has become the leading stablecoin on the Polygon (CRYPTO: MATIC) network in the first quarter (Q1) of 2023 with a $735 million market cap, surpassing USD Coin (CRYPTO: USDC). Polygon's Q1 performance showcased consistent financial metrics, a stabilized DeFi ecosystem...

DeFi ecosystem Arbitrum, a Layer 2 scaling solution for Ethereum (CRYPTO: ETH), has now become the fourth-largest decentralized finance, with over $2 billion of total value locked (TVL). While decentralized perpetual exchange GMX (CRYPTO: GMX) leads the ecosystem, a rising star has been capturing...