.FantomFDN $FTM now has larger TVL than Tron $TRX Fantom DeFi
With its $5.6 billion in total value locked, Fantom surpassed veteran smart contracts platform Tron .
Also, should it attract another $100 million from its dApps clients, it can surpass Polygon Network , well known for its low fees and fast execution of transactions.At the same time, to surpass its next competitors, Solana and Avalanche , Fantom needs to increase its TVL by more than 100%. Fantom's DeFi ecosystem has one"unicorn" with more than $1 billion locked , while two platforms, SpookySwap and Tomb Finance, are ready to join the"three commas club."
The price of FTM, a core native asset of Fantom Blockchain, reflects its explosive growth. Since Dec. 21, 2021, it has added almost 70%.
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