dForce Ecosystem Report — December 2024
3 min readJan 7, 2025
Dear community, welcome to the December 2024 dForce ecosystem report!
dForce has grew immensly during the last month of the past year, securing several listings for the $DF token and launching a major liquidity mining campaign for wstETH on Optimism! Have you missed the latest news? Then this recap is for you to catch up!
💥 Highlights
- dForce laucnhes the “OPtimistic Winter” campaign for wstETH on Unitus lending! dForce has been awarded 70,000 $OP tokens from the Optimism Foundation’s Grant program, and we’re putting every token to work in our new wstETH incentive campaign. Click here to learn how to participate.
- The recap of 2024 has been published! Click here to read the article and explore the numbers of our ecosystem, the main goals we hit through 2024, the decision we took through our Governance and much more!
- dForce hints at AI developments coming soon!
- The DF token saw many new CEX listings, including a perpetuals listing on Binance and Bitget, and spot listings on BitMart and LBank. Our ecosystem token just became widely more accessible to users and unlocked new liquidity through perpetuals with leverage up to 75x!
📊 Performance
In December, USX had a circulating supply of over $134.54 M distributed as follows:
- 74.4% (100.1 m USX) used as Liquidity for the bridge.
- 6.9% (9.23 m USX) on Celer to power the cross-chain bridging of USX.
- 1.8% (2.49 m USX) are powering USX-related trades on DEXes.
- 3% (4.08 m USX) deposited on Lending.
- 13.9% (18.65 m USX) are currently held by other market participants.
Liquidity by Networks
- 88.2% on Arbitrum
- 0.4% on BSC
- 8.5% on Optimism
- 1.4% on Ethereum
- 1.4% on Polygon
Swap (LSR)
By January 6th, dForce Swap recorded an accumulated volume of $275.8 M for swaps between $USX and $USDC, $USDT, $DAI across all supported blockchains.
