Sun Wukong surpasses 2 billions USDT in trading volume within one week of launch, with liquidity depth tripling
ChainCatcher news, the world's first Chinese decentralized contract trading platform "孙悟空" has surpassed a cumulative trading volume of 2 billion USDT just 7 days after its launch. On October 16, the daily trading volume reached 85 million USDT, a 17% increase compared to the previous day; the platform's asset scale rose to 63 million USDT, up 16% from the previous day.
In terms of liquidity, the K2 trading pairs have seen significant depth enhancement. Specifically, BTC's 0.1%, 0.5%, and 1% depth increased by 330%, 288%, and 156% respectively compared to the previous day; ETH's 0.1%, 0.5%, and 1% depth increased by 264%, 210%, and 150% respectively, continuously optimizing the user trading experience.
In addition, the 孙悟空 platform has launched a deposit-to-earn activity: users who deposit USDT can enjoy an annualized yield of 12%, with no lock-up, no freezing, and no limit, helping users flexibly grow their assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum core developer Dankrad Feist resigns to join stablecoin Layer 1 project Tempo
