Poly Network Monthly Report for May

Published on: 01.06.2021
Poly Network Monthly Report for May

Poly Network introduced Monthly Report for May.

Total trade volume surpassed $5 billion in value (USD)

Poly Network supports its 10th blockchain -OKExChain

Poly Network Launches NFT Cross-chain Transfer Bridge on the mainnet

New partner announced — DOVU, Lever, OKExChain, Tapmydata, HDX, TradeStars, Bytom, StackOS, DigiCol

🔹Development Updates

The world’s first NFT cross-chain transfer bridge -Poly NFT Bridge was officially launched on the mainnet.

Poly Network has implemented interoperability with OKExChain.

🔹PolyMetrics

Poly Network shattered another record,

Total Transaction Value $5.2 Billion

Cross Chain Transactions 302K

Cross Chain Addresses 122k

🔹Ecosystem updates

OKExChain | The world’s first trading chain

Poly Network supports OKExChain, then global DeFi and NFT users can now enjoy Poly Network’s smooth heterogeneous cross-chain experience.

Bytom | A blockchain-based open-source value-exchange protocol

Bytom announced a collaborative partnership with Poly Network to realize the cross-chain interoperability of Bytom’s multi-chain crypto assets on ETH, BSC, HECO, and Bytom networks.

DOVU|A tokenized data economy for DeFi carbon offsetting

DOVU is delighted to announce a collaborative partnership with Poly Network. The technology creates trust in the platform, meaning users are more willing to participate in their carbon credit marketplace.

Lever| The first AMM-based decentralized margin trading protocol.

Lever are excited to announce a new partnership with Poly Network to offer seamless cross-chain bridge between BSC and ETH for LEV.

Tapmydata | A decentralised data protocol

Tapmydata announced a collaborative partnership with Poly Network to make cross-chain transactions between BSC and ETH smooth and simple.

HDX | An innovative Dex trading platform

HDX, the decentralized exchange which is based on HECO chain, has officially reached into partnership agreement with Poly network to break through multiple crypto assets’ connection among different chains.

TradeStars | DEX using Fractional NFTs + DeFi Gamification.

TradeStars announced a collaborative partnership with Poly Network to bridge TSX from Ethereum to BSC.

StackOS | A cross-chain protocol for individuals

StackOS partnered with Poly Network to make seamless cross-chain transactions between BSC and the ETH chain possible for $STACK.

DigiCol | One-Click NFT Creation

DigiCol announced a collaborative partnership with Poly Network, the partnership allows $DGCL and NFT tokens to be bridged from one chain to another chain in a simple and quick manner.

What is Poly Network?

Poly Network a groundbreaking heterogeneous interoperability protocol alliance, which is well positioned to become the pillar of NGI.

📰 INFO:

https://medium.com/poly-network/poly-network-monthly-report-may-ed4937cd69c2

Market Stats:
BTC Dominance: 51.68%(+0.11%/24h)
ETH Dominance: 17.98%(+0.19%/24h)
Defi Market Cap: $86.78B(+4.92%/24h)
Total Market Cap: $1959.14B(-0.58%/24h)
Total Trading Volume 24h: $90.72B(+31.56%/24h)
ETH Market Cap: $352.78B
Defi to ETH Ratio: 24.6%
Defi Dominance: 4.22%
Altcoin Market Cap: $946.61B
Altcoin Volume 24h: $57.98B
Total Cryptocurrencies: 28082
Active Cryptocurrencies: 8839
Active Market Pairs: 70086
Active Exchanges: 708
Total Exchanges: 7876
BTC: 51559.93$(-0.19%/1H)
ETH: 2928.2$(-0.55%/1H)
AVAX: 37.35$(-0.05%/1H)
BNB: 363.43$(1.1%/1H)
MATIC: 0.97$(-0.67%/1H)
FTM: 0.4$(-0.32%/1H)
ADA: 0.6$(0.16%/1H)
DOT: 7.44$(0.05%/1H)
UNI: 7.33$(0.29%/1H)
CAKE: 2.72$(0.98%/1H)
SUSHI: 1.26$(0.03%/1H)
ONE: 0.02$(1.48%/1H)