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Ref Finance DEX Swap Overview for July 2024
Aug 5, 2024 - ⭐ Ref Finance is a community-led, multi-purpose DeFi platform built on the NEAR Protocol. Ref takes full advantage of NEAR’s low fees, one-to-two second finality, and WebAssembly-based runtime (hello, Rust smart contracts!). In addition to the advantages of being built on top of NEAR, Ref Finance provides: * Multiple pools in one contract *Atomic transactions *Customisable pool fee READ MORE: https://dev.near.org/nearcatalog.near/widget/Index?id=ref-finance
NEAR: Bridge Activities Analysis
Aug 23, 2024 - In 2024, the NEAR ecosystem has seen substantial bridging activity, highlighting the growing adoption and utilization of cross-chain technologies. Here are the key insights from the bridging activity on the NEAR ecosystem in 2024: 1. High Total Activity: The NEAR ecosystem recorded 68,000 bridge transactions, indicating a strong and active user base leveraging cross-chain functionality. 2. Significant Daily Engagement: With an average of 289,000 transactions bridged daily, the ecosystem demonstrates consistent and robust user participation. 3. Substantial Value Transfer: The average daily amount bridged stood at $675,000, highlighting the substantial flow of capital across chains within the NEAR ecosystem. 4. Impressive Annual Total: Over the year, a total of $158.6 million was bridged, showcasing the ecosystem's role as a significant conduit for cross-chain asset transfers. 5. Growing Adoption: These figures collectively point to the growing adoption of NEAR as a critical hub for decentralized finance (DeFi) and cross-chain activities.