Bitcoin

The DeFi craze continues as exchanges rush to list popular tokens

OKEx is the latest in crypto exchange to get you on the DeFi train. August 28th announced listings for eight different DeFi tokens, including tape protocol (BAND), JUST (JST), REN, reserve rights (RSR), Yearn.finance (YFI), Nexus Mutual (wNXM), YFII.finance (YFII) and Tellor (TRB). These new offers expand your DeFi suite to a total of 27.

Jay Hao, CEO of OKEx, praised the DeFi sphere, stating:

“”OKEx has been closely monitoring the dynamics of the DeFi market and we are trying our best to collaborate on high quality innovative DeFi projects with the greatest potential. We are very excited that so many great projects are coming up as this also indicates that the DeFi space is developing rapidly. “

OKEx is certainly not alone in its commitment to this particular facet of the blockchain ecosystem.. In April, Binance issued a new DeFi token with cryptoasset support, Ontology (ONT). The new token is based on the Binance chain and is controlled by a number of parameters known as BEP2. It’s called ONT-33D, a Binance spokesman told Cointelegraph.

The DeFi craze continues as exchanges rush to list popular tokens
The DeFi craze continues as exchanges rush to list popular tokens

In June, Coinbase announced its support for the popular DeFi Compound (COMP) project.

Huobi Global recently listed the Band Protocol (BAND) on August 10, and Poloniex listed the DeFi Decentr token in July.

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