Cryptocurrency News
Vector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche
2022.05.06 02:17
Vector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche
The battle to attract stablecoin liquidity has been a trending theme across the cryptocurrency landscape for the past year, especially as decentralized finance users have come to realize the hefty APY that can be earned on dollar-peg assets.
While Curve Finance remains the undisputed leader in interest bearing stablecoin liquidity pools, several new entrants have begun to climb the ranks, including Vector Finance (VTX), a protocol that enables Avalanche network users to generate boosted yields on their stablecoin positions.