ADD.xyz grows TVL to over 500k and gain users on our DeFi Platform
We’re excited to announce that ADD.xyz has officially reached over 500K USD TVL over the past week. This comes with heightened awareness around our ‘PriFi’ mobile application soon to be launched on Google Play Store and our recent B2B Partnership with Lead Wallet for Privacy and Insurance with Union Finance. The platform has been expanding in users steadily over the past 14 days as the marketing campaign ramps up online and offline in the real world.
Defiers are able to deposit and earn APY by lending their digital assets through protocols such as Compound, Aave, DyDx and Fulcrum across a multitude of tokens.
The total value locked (TVL) across all decentralized finance (DeFi) platforms has tapped a record high this week as crypto markets continue to build on previous gains. The total amount of collateral locked in DeFi has tapped $200 billion according to analytics platform DeFi Llama.
According to Defi Llama, “the current TVL of DeFi is $208.39 billion, which not only hit a record high in TVL, but also surpassed the $200 billion mark for the first time.”
This opportunity for ADD.xyz to rise through the ranks as a household name within the DeFi industry through expanding the utility of $ADD and capturing value inside of our ecosystem.
Stay Tuned for Further Updates
Website: https://add.xyz/
Telegram: https://t.me/ADDXyzpublic
Twitter: https://twitter.com/adddotxyz
Medium: https://medium.com/@Add.xyz
