Total MarketCap:$00
API
EN
Dark

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research
00:00 / 00:00
View
    Markets
    Indexes
    NewsFeed
    TokenBar®
    Analysis
    Macro
    Watchlist
Share

Bancor's Carbon DeFi Achieves $30M Trading Volume Milestone on Celo

Powered by ChatGPT
#DeFi
Bancor - Medium
2KWords
Feb 17, 2025

Bancor's decentralized exchange (DEX), Carbon DeFi, has achieved a significant milestone by reaching $30 million in total trading volume on the Celo blockchain. This achievement highlights the efficiency and utilization of liquidity within the platform. Key trading pairs contributing to this volume include USDC/CELO, USDT/CELO, and cREAL/CELO, each demonstrating substantial trade numbers and volume. Carbon DeFi's model emphasizes flexibility and efficiency, allowing users to define their own parameters and benefit from features like auto-compounding fees, built-in trading bots, and custom fee tiers. The platform's Arb Fast Lane aggregates liquidity across the blockchain, enhancing trade execution and market efficiency. Additionally, the Carbon DeFi Simulator offers traders the ability to backtest strategies using historical data, ensuring optimized performance before deployment. This milestone underscores Bancor's commitment to providing powerful and efficient trading solutions.

All You Need to Know in 10s
TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog
sha512-gmb+mMXJiXiv+eWvJ2SAkPYdcx2jn05V/UFSemmQN07Xzi5pn0QhnS09TkRj2IZm/UnUmYV4tRTVwvHiHwY2BQ==
sha512-kYWj302xPe4RCV/dCeCy7bQu1jhBWhkeFeDJid4V8+5qSzhayXq80dsq8c+0s7YFQKiUUIWvHNzduvFJAPANWA==