MonoX + Polygon: The Future of DeFi

Published on: 18.05.2021

MonoX Finance has announced a collaboration with Polygon. MonoX aims to take advantage of the increased scalability, low gas fees and faster transaction speeds that the Polygon protocol offers. MonoX will work closely with Polygon to expand and develop their growing DeFi ecosystem.

 

About MonoX:

MonoX introduces the premier bootstrap decentralized exchange, Monoswap. Project owners can list their tokens without the burden of capital requirements and focus on using funds for building the project instead of providing liquidity.

 

About Polygon:

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. It seeks to address some of Ethereum’s major limitations — including its throughput, poor user experience (high speed and delayed transactions), and overall scalability issues.

 

INFO:

https://medium.com/monoswap/monox-polygon-the-future-of-defi-fc5674952f5c

Market Stats:
BTC Dominance: 60.52%(+0.12%/24h)
ETH Dominance: 9.21%(-0.12%/24h)
Defi Market Cap: $83.49B(+34.96%/24h)
Total Market Cap: $2701.6B(-4.35%/24h)
Total Trading Volume 24h: $96.9B(+81.66%/24h)
ETH Market Cap: $248.55B
Defi to ETH Ratio: 33.59%
Defi Dominance: 2.98%
Altcoin Market Cap: $1066.63B
Altcoin Volume 24h: $60.33B
Total Cryptocurrencies: 34038
Active Cryptocurrencies: 10757
Active Market Pairs: 101229
Active Exchanges: 800
Total Exchanges: 10165
BTC: 82398.34$(0.82%/1H)
ETH: 2062.89$(0.91%/1H)
AVAX: 18.35$(0.44%/1H)
BNB: 557.7$(-0.49%/1H)
MATIC: 0.22$(0.5%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.75$(1.35%/1H)
DOT: 4.16$(1.77%/1H)
UNI: 6.59$(1.46%/1H)
CAKE: 1.54$(0.27%/1H)
SUSHI: 0.6$(0.84%/1H)
ONE: 0.01$(0.09%/1H)