Cryptocurrency Financial Advisors

Defi Highlight: Yield Farming Token Auctus Surges in Volume

Weekly Analyst Thoughts

Auctus

With great risk comes great reward. This is the case with Auctus, a decentralized options platform that recently broke into the Defi Pulse scene and is offering a liquidity mining rewards program. Auctus is becoming a burgeoning Defi options platform that aims to compete with Deribit as it continues to establish its network effect. Below, find a graph of the current TVL (Total Value Locked) within the Auctus platform and notice the gravity of its growth over the last month.

Source: https://defipulse.com/aco

Also, compare the Auctus options platform below with Deribit and notice the similarities in the user interface.

Source: https://aco.finance/advanced/trade/ETH_USDC

Source: https://www.deribit.com/main#/options?tab=ETH-25SEP20

In sum, Auctus is an aggressive, low market cap, Defi yield farming coin that is looking like it will have a fruitful future.

By Jacob Stelter

Share:

Email
Facebook
Twitter
LinkedIn
Telegram
WhatsApp
Reddit

Social Media

Most Popular

Get The Latest Updates

Subscribe To Our Weekly Newsletter

No spam, notifications only about new products, updates.

Categories

On Key

Related Posts

Gamers go crypto

100 Million Gamers Go Crypto

 By, Evan LaMontagne, Blockchain & Gaming Analyst at Sarson Funds Game Economies, something few understood 10 years ago, but is

People on devices in the style of Norman Rockwell. Credit open.ai

Web3 My Business: Starter Pack

  Executive Summary: These crypto startups are turning Web3 communities into profit centers for businesses: Blocksee – NFT minting and