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Tuesday

22 June 2021

Huobi Eco Chain’s TVL surges to $2.7b, but two DApps represent 86% of locked assets

Huobi Eco Chain’s TVL surges to $2.7b, but two DApps represent 86% of locked assets


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Yield aggregator Filda is the second-largest DApp on Heco, with Filda representing a TVL of almost $400 million or 13% of Huobi Eco Chain’s combined value locked.

In spite of the capital centralization, Heco is now significantly beating out many of its rivals by TVL, including the $362 million TVL of performance-focused Solana blockchain has a total value locked of $362 million according to SolanaProject, and Avalanche’s has $225 million locked according to the Markr explorer.

According to Heco Chain stats, the number of unique addresses interacting with the chain has surged 390% over the past three months to tag a record 12 million.

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