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:
BTC Dominance: 56.82%(+0.17%/24h)
ETH Dominance: 11.98%(-0.15%/24h)
Defi Market Cap: $107.34B(-11.28%/24h)
Total Market Cap: $3244.52B(-0.68%/24h)
Total Trading Volume 24h: $156.8B(-4.35%/24h)
ETH Market Cap: $388.31B
Defi to ETH Ratio: 27.64%
Defi Dominance: 3.17%
Altcoin Market Cap: $1400.96B
Altcoin Volume 24h: $92.77B
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Active Cryptocurrencies: 10603
Active Market Pairs: 97031
Active Exchanges: 779
Total Exchanges: 9866
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ETH: 3226.14$(-1.44%/1H)
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BNB: 691.69$(-0.54%/1H)
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