Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Swan Chain total number of accounts across the network crosses 150,000, TVL grows by 1,283 percent

Swan Chain total number of accounts across the network crosses 150,000, TVL grows by 1,283 percent

Bitget2024/10/11 09:06

On October 11th, Swan Chain, an AI superchain, showed strong performance in its recent on-chain data. According to Swan's official browser, the total number of accounts on the network has exceeded 150,000, with more than 42,000 daily active accounts, and the number of daily transactions has exceeded 130,000 in the past 24 hours. Meanwhile, the Total Value Locked (TVL) has increased by 1,283% since the launch of on-chain interactions.

Swan Chain plans to launch the SWAN token later this year, completing the final piece of the economic model. A 20 percent share of the project's token economic model will reportedly be used for airdrops, designed to incentivize broad network participation and user interaction. Users currently participating in on-chain trading activities are expected to be rewarded with airdrops after future token generation events (TGEs).

Notably, Swan Chain was recently awarded 500,000 OPs (approximately $750,000) from the Optimism Foundation. This funding will provide a strong boost to Swan Chain's continued development, which is expected to further attract developers and users to join the ecosystem and drive continued growth in on-chain activity.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!