Switcheo April Updates

Published on: 03.05.2021
Switcheo April Updates

Qualified protocol & software development entity, Switcheo Network introduced April Updates.

Major Milestones

1. Over $11M in total liquidity in SWTH-BNB farm on PancakeSwap

2. SWTH listed on DODO DEX

3. Successful v2 migration of SWTH-BNB LP on PancakeSwap, Autofarm, Beefy, and Swamp.finance

4. Saying goodbye to Switcheo Exchange, and shifting fully over to Demex

5. More eyes on Switcheo and promises for decentralization

6. Successful proposal for Hummingbot.io integration

7. New UI additions to Demex

8. Governance proposal to list CEL/ETH market

9. Development work on Cosmos Stargate Upgrade

10. Switcheo Staking rewards for April 2021

What is Switcheo?

Switcheo is a protocol and software development entity focused on building groundbreaking platforms and blockchain solutions that pave the way for a decentralized future. Its flagship protocol, Switcheo TradeHub, is a layer 2 cross-chain protocol designed for high-performance trading of any asset, at scale. Traders can deposit tokens from various L1 chains to trade on Demex, a 2nd-generation DEX that runs on the Switcheo TradeHub protocol.

šŸ“° INFO:

https://blog.switcheo.network/april-2021-updates/

Market Stats:
BTC Dominance: 64.63%(+0.29%/24h)
ETH Dominance: 8.98%(-0.10%/24h)
Defi Market Cap: $103.57B(-3.33%/24h)
Total Market Cap: $3251.15B(-2.12%/24h)
Total Trading Volume 24h: $99.46B(-3.26%/24h)
ETH Market Cap: $291.52B
Defi to ETH Ratio: 35.53%
Defi Dominance: 3.07%
Altcoin Market Cap: $1150.09B
Altcoin Volume 24h: $55.37B
Total Cryptocurrencies: 35012
Active Cryptocurrencies: 9520
Active Market Pairs: 104108
Active Exchanges: 830
Total Exchanges: 10586
BTC: 105628.73$(-0.41%/1H)
ETH: 2416.83$(-0.39%/1H)
AVAX: 17.18$(-0.07%/1H)
BNB: 646.63$(0.1%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.54$(-0.38%/1H)
DOT: 3.3$(-0.56%/1H)
UNI: 6.91$(-0.33%/1H)
CAKE: 2.25$(0.12%/1H)
SUSHI: 0.58$(-0.46%/1H)
ONE: 0.01$(-0.12%/1H)