Vega Protocol has seen an increase as the protocol is anticipated to go live
Aa
Share
Daily Top Performer — Izumi Finance (IZI)
U.S. equities fell last Friday by 0.14%, due to debt ceiling jitters. The broader cryptocurrency market is down, with Bitcoin and Ether dropping 0.33% and 0.14%, respectively, in the past 24 hours.
Today's outperformer is IZI, which surged 7% in the past 24 hours due to launching their AMM and orderbook DEX on zkSync Era with attractive incentives.
iZUMi Finance (IZI) is a multi-chain decentralized finance (DeFi) protocol offering Liquidity as a Service (LaaS). The platform's first model, LiquidBox, enhances incentive efficiency, enables additional rewards for liquidity providers, and helps protocols attract more liquidity efficiently. It also provides a solution to the "pool 2 dilemmas" with structured-incentive and auto-rebased modules.
As a multichain DEX, IZI has traction across the crypto ecosystem, and their recent deployment onto zkSync Era is likely to attract more users, and get more adoption. IZI’s suit of features makes them a strong DEX, and launching on a nascent ecosystem zkSync Era with attractive incentives, will help bring in more users and stand out from other DEXs, potentially allowing them to be the top DEX there.
Check Out the Latest Prices, Charts, and Data of IZIUSDT!
Talk of the Town
Vega Protocol (VEGA) has seen a surge of over 20% in the past week, due to anticipation of the protocol going live. Vega Protocol is a decentralized finance (DeFi) platform that enables the creation and trading of derivatives. The community recently proposed to commence trading, approving USDT, USDC, and ERC20 tokens for deposits and withdrawals via the Vega Ethereum bridge, and it was approved. Trading on Vega has now started. Interest in Vega has been high, and the protocol has been added to DeFiLlama, the most popular crypto data aggregator platform.
