CandleFocus Aries Markets Leads Move DeFi with 2,500% TVL Surge in 2 Years
2024-11-08
Author: Content Editor
Aries Markets, a DeFi protocol on Move, has experienced impressive growth over the past year, with its Total Value Locked (TVL) increasing by 2,500% to reach $260 million. When considering borrowed assets, the TVL reaches $700 million, making Aries the leading DeFi dApp on the Aptos network and all Move blockchain-based platforms. Aries attributes its success to its commitment to innovative solutions, such as the introduction of Efficiency Mode (E-Mode) that increases capital efficiency. The platform also launched an Incentive Program and integrated with Panora Exchange to improve trading options. Aries has a strong community base and is celebrating its second anniversary with an Anniversary Campaign offering rewards.
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