TRON’s DeFi Takeover Gains Ground as JustSwap Hits $20m Trade Volume
With the flurry of announcements, TRON has become a major player in the booming DeFi market, its ecosystem a sort of “super city” within the vast crypto ecosystem. By integrating three vast ecosystems in JST, BTFS, and BTT, and continually highlighting Ethereum’s scaling problems while releasing dApps at a rate of knots, TRON is assuming the status of a true crypto heavyweight.
When it comes to decentralized spot trading – a smart contract-based trustless market where traders can exchange their crypto tokens with one another – Uniswap is the undisputed DeFi king, racking up well over $100 million volume in any 24-hour period. TRON has long been known for its high throughput and low fees and having now added its own liquidity pools and dApp storage network, there’s little doubt it will continue attracting compelling DeFi projects to TRON and chipping away at Ethereum’s empire.
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