Ethereal PerpDEX Takes the DeFi Scene by Storm with Explosive Growth in TVL
Ethereal (@etherealdex), the Ecosystem's decentralized perpetual exchange, has made a remarkable leap in the DeFi space. Now, according to DeFiLlama, it sits at the second-largest platform in the network by total value locked, with just usurped Jupiter. Ethereal’s TVL was $820 million at the time of writing, and it has surged almost 49% in the past week and a staggering 155% in the last month. Overall, within the landscape of decentralized exchanges, Ethereal seems to be making quite a name for itself—much to the delight, I'm sure, of its backers and investor group. Ethereal occupies a space in the ecosystem where very few projects exist today. With its Testnet Season Zero pre-deposit stage well underway, there is a significant number of users that seem to be taking interest in the protocol. Currently, the Testnet Season Zero has over 16,210 addresses […]