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Newly launched DEX, Katana by Axie Infinity, already among top DeFi apps
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Axie — which is at the forefront of the “GameFi” trend — has already generated more than $2.5 billion in trading volume. According toDappRadar, 51,000daily active wallets (last March) were connected to gaming-related contracts in the blockchain ecosystem.
Three months later, that figure had skyrocketed to 359,284 — a 599% rise. Since then, the protocol went on to achieve impressive figures. In August 2021, ithit the $1 million mark. Moreover, in Q3 alone, Axie Infinityamassed $2.08 billion in trading volume or 83% of the game’s historical trading value.
The gaming platform exploded in popularity this summer following the launch of Ronin, a custom sidechain that enabled speedy, low-cost transactions. Now Ronin has picked up added utility with
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