. @EchelonMarket is emerging as the core lending layer of Aptos, powering high-efficiency borrowing, stablecoin strategies, BTC-backed liquidity, and modular collateral in the Move ecosystem. With over $200M in deposits and over $100 in BTC-based collateral deployed, Echelon dominates stablecoin liquidity including USDC/USDT and sUSDe with yields up to 25% via one-click looking. It supports isolated markets to safely onboard volatile or niche assets for the Aptos foundation. Recently selected for Aptos Foundation's LFM growth track, it's gearing up for its token (maybe $ELON ticker) launch and next-level composable DeFi expansion.
Echelon Market is scaling as the biggest revenue contributor within Aptos, boasting the largest cumulative revenue of $2.47 million and counting. What started as a promising money market has fast emerged into one of the most important players on the DeFi landscape. @EchelonMarket is now the third ranked TVL on Aptos. It is almost competing neck to neck with others, with all its daily, weekly, and monthly growth metrics being above 10%. New interest has come into play since the LFM program featured it, drawing capital and users ready to explore this growing ecosystem. But it is not all about the figures, the Echelon team continues to roll out innovative proposals that the competition cannot match. If their growth and execution rates hold constant, this should cement Echelon as the largest money market on Aptos, helping Aptos become a true revenue engine of Web3. The future of DeFi on Aptos is here!
Show original
20.76K
29
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.