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Top Gainers on the Avalanche (AVAX) Ecosystem - Product Release & Updates

source-logo  altcoinbuzz.io 05 January 2022 07:44, UTC

Top cryptocurrencies like OpenOcean, Snowbank DAO, and Chainlink are making waves in the blockchain and cryptocurrency space.

Interestingly, popular open-source blockchain platform Avalanche (AVAX) recently published the list of top gainers on its ecosystem. Chainlink (LINK), OpenOcean (OOE), and eight other tokens were listed among the top gainers on Avalanche over the last 24 hours.

List of Avalanche’s Top Gainers

According to an official tweet, the tokens listed include:

  • $LOOT with a 113.3% increase
  • $EGG (37%)
  • $BOO (19.4%)
  • $TOMB (17%)
  • $PENDLE (11.6%)
  • $OOE (7.8%)
  • $LINK (7.3%)
  • $SB (4.4%)
  • $PEFI (4.3%)
  • $TRYB (1.2%)

Top Gainers in @Avalancheavax Ecosystem Last 24H$OOE @OpenOceanGlobal$LINK @chainlink$SB @SnowbankDAO$PEFI @penguin_defi$EGG @chikn_nft$BOO @spookyswap$TOMB @tombfinance$LOOT @policethiefnft$PENDLE @pendle_fi$TRYB @BiLira_Official#avalanche $AVAX pic.twitter.com/JCe8xiokBO

— AVAX Daily 🔺 (@AVAXDaily) January 4, 2022

About OpenOcean (OOE)

OpenOcean is the world’s first-ever DeFi and CeFi aggregator platform. The platform, simply put, helps aggregate liquidity from both the DeFi and CeFi ecosystems. Therefore, providing traders with the best rate possible with minimal slippage. The protocol also makes use of a unique and optimized version of the Dijkstra algorithm known as D-star.

OpenOcean provides its users with:

  • DeFi trading aggregation – providing them with the best prices and minimum slippage.
  • Cross-chain support – boosting interoperability among different chains.
  • Full coverage for both DeFi and CeFi users.
  • Helps connect both the CeFi and DeFi ecosystems using the CeFi trading aggregation.
  • Lastly, it also offers aggregated lending, derivatives, and insurance products.

According to Avalanche, OOE, over the last 24 hours, experienced a 7.8% increase. This, in essence, is great news for the aggregator platform.

More on ChainLink (LINK)

Chainlink is an ETH-based decentralized oracle platform known for its secure and reliable price feeds. The network helps to aggregate real-world data for blockchain-based smart contracts. The oracle platform also currently helps secure billions of dollars worth of crypto assets.

On Avalanche, Chainlink (LINK) recorded a 7.3% increase over the last 24 hours.

AVAX Price

At the time of publication, Avalanche (AVAX) is trading at $103.85, with a market cap of $25,579,536,079 and a 24-hour trading volume of $874,381,238. The token price is down by 4.0% in the last 24 hours.

altcoinbuzz.io