Elk Weekly Recap — #29

Published on: 01.02.2022

Elk Finance released Weekly Recap — #29.

Protocol & Partnership News

  • Looming Partnerships. They announced a partnership with Weave Financial, a multi-chain protocol for copy trading (replicating portfolio allocations from peer accounts). Details of the partnership will be revealed soon

Community Happenings & Milestones

  • Tune In. The Official Elk Finance YouTube channel went live. Watch tutorials, listen to the Elk Finance Podcast, and browse a curated collection of community content. Don’t forget to Subscribe!

Elk Finance is a decentralized network for cross-chain liquidity. ElkNet, its cutting-edge multi-chain protocol, makes it easy for anyone to move value and exchange cryptocurrencies across blockchains quickly and securely at a low cost. The powerful ElkNet framework also lets developers imagine and build novel cross-chain applications.

Elk is the most extensive multichain protocol in the world, seamlessly connecting over 15+ chains. Currently supports Avalanche, Polygon, Fantom Opera Network, Huobi ECO Chain, xDai, Binance Smart Chain, HOO Smart Chain, KuCoin Community Chain, Harmony One, OKExChain, Elastos, Moonrive, Telos & Cronos.

📰 INFO

https://medium.com/@RolandRood/elk-weekly-recap-29-e1da0029d324

Market Stats:
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ETH Dominance: 12.02%(-0.13%/24h)
Defi Market Cap: $110.45B(-17.12%/24h)
Total Market Cap: $3305.24B(+0.86%/24h)
Total Trading Volume 24h: $148.16B(-9.37%/24h)
ETH Market Cap: $397.03B
Defi to ETH Ratio: 27.82%
Defi Dominance: 3.2%
Altcoin Market Cap: $1426.67B
Altcoin Volume 24h: $88.5B
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Active Cryptocurrencies: 10601
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Active Exchanges: 779
Total Exchanges: 9865
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