Canto Eco Checklist, Trending L1 with DeFi Components
wublock.substack.com
Author: @0xMavWisdom Following the recent launch of the Contract Security Revenue (CSR) cost allocation model, Canto has seen strong growth in the number of transactions, TVLs, and cross-chain data on the Canto. DeFiLlama data shows that TVL on the Canto doubled in January, and daily trading volume on the native decentralized exchange Canto DEX grew from less than $2 million at the beginning of January to around $50 million in February. According to the @minion0x data dashboard, the Canto chain hit a record number of active wallets and new wallets last week, and the chain’s main NFT marketplace, Alto Market, saw a significant increase in trading volume.
Canto Eco Checklist, Trending L1 with DeFi Components
Canto Eco Checklist, Trending L1 with DeFi…
Canto Eco Checklist, Trending L1 with DeFi Components
Author: @0xMavWisdom Following the recent launch of the Contract Security Revenue (CSR) cost allocation model, Canto has seen strong growth in the number of transactions, TVLs, and cross-chain data on the Canto. DeFiLlama data shows that TVL on the Canto doubled in January, and daily trading volume on the native decentralized exchange Canto DEX grew from less than $2 million at the beginning of January to around $50 million in February. According to the @minion0x data dashboard, the Canto chain hit a record number of active wallets and new wallets last week, and the chain’s main NFT marketplace, Alto Market, saw a significant increase in trading volume.