Taraxa Progress Update: April, 2025
2 min readMay 5, 2025
State of the network as of May 4, 2025:
- $2.85m on-chain TVL
- 3.111 billion TARA staked
- 82 active consensus nodes on Mainnet
- 48,053 holders on Mainnet
Disclaimer: ecosystem projects and partners highlighted by Taraxa’s updates or Taraxa’s social accounts are NOT endorsements. Please do your own research.
Ecosystem Highlights:
- Taraxa’s DeFi ecosystem keeps growing despite poor macro conditions, including TVL and DEX transactions. Check out our rapid growth on DeFiLlamma!
- Our co-founder Steven highlighted the true purpose of decentralization — maximizing automation by removing trust gaps in data & processes, during an AMA with the LCX exchange, which listed TARA through a community vote.
- SLM.games, an online crypto casino, has integrated with Taraxa.
- TARA is listed on Tokpie, the first exchange with bounty stakes trading.
- PolyPort Swap, a new cross-chain swap solution, has launched on Taraxa, enabling swapping assets from any network into the Taraxa network!
- fomo.biz, the token launcher + DEX + bridge + all-in-one dApp on Taraxa, has integrated with DeFiLlamma, adding their DeFi activities to the Taraxa ecosystem.
- Taraxa’s testnet has been upgraded to ensure that there are no more resets to make them more friendly to dApp developers, more stability, and more spam-resistant.
- Loofta.xyz, a web3 bounty network powered by human-vetted influencers, is about to launch on Taraxa!
- Enkrypt, a browser wallet that’s part of the larger MyEtherWallet family, has integrated the Taraxa network! MyEtherWallet is one of the original wallets in the crypto ecosystem going back as far as 2016, this is a major milestone for Taraxa!
- fomo.biz has launched cross-chain swap!
- Altura, a world leader in web3 gaming and on-chain gaming assets, has integrated Taraxa, giving our ecosystem access to custom NFT markets, in game NFT management, wallet with social logins and a ton of best-in-class gaming SDKs.
- Taraxa Layer-1 Soleirolia upgrade has been successfully activated on mainnet! This upgrade makes the Taraxa network more spam-resistant, with improved gas estimation on compute-intensive transactions, more efficient DAG validation to reduce latency, and smarter DAG block packing to include more transactions.
- Meridian and LARA are working together to bring stTARA, LARA’s liquid staking token, into Meridian’s Lend platform, hitting 15 million wstTARA in early April!
- TrendMoon, the automated trading analytics platform based on decentralized social signals, is one step closer to launching with a fully refreshed API documentation.
- fomo.biz launches its mainnet on Taraxa with token and meme launchers and an anti-sniper DEX.
- TARA is listed on BYDFi, with TARA/USDT as the first trading pair.
- Meridian is incubating a perpetuals platform on Taraxa, TaraxaPerps. Keep a lookout for more news!
🪁 Keeping up with the latest in Taraxa
Stay tuned! 🪁
