Messari recently released the Fantom 2024 Q1 status report, with the following key points:
Fantom achieved sequential growth in several key metrics, including market cap (+ 101%), daily active addresses (+ 24%), USD-denominated DeFiTVL (+ 59%), stablecoin market cap (+ 39%), and daily DEX volume (+ 64%).
· FTM total pledge volume increased by 17% month-on-month to 1.30 billion, and the proportion of qualified supply pledge volume also increased by 16% month-on-month to 44.6%;
In March, Fantom's monthly DEX trading volume exceeded $1 billion for the first time in the past year, and the average daily DEX trading volume in March was $37.90 million, which was nearly 7 times higher than in February ($5.70 million) and 6 times higher than in January ($6.60 million).
On March 25, Fantom Foundation CEO Michael Kong announced the initial release plan for Sonic (planned for Q3 24), which includes standardized bridging, a simplified staking system, builder grants, reward programs, and standardized stablecoins.
· The five winners of the Sonic Labs incubator project were selected in Q1. Each project will receive 200,000 FTMs and development support until the Sonic mainnet goes live.
Messari released Fantom Q1 report: market capitalization increased by 101% month-on-month, and DeFi TVL increased by 59% month-on-month.
2024-05-08 07:14:01
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