#ecosystem

SushiSwap has unveiled Susa, its latest venture in the form of a derivatives exchange, marking its debut in the Layer N L2 network as the ever-first trading platform of the ecosystem.

In recent weeks, tokens on the Solana blockchain have been showing a consistent downward trend, following a period of growth in late 2023. A notable example is the popular token BONK, which has declined by around 70% since its peak on December 15, 2023.

Around 10% of the network fees generated since the project’s launch, approximately 1,600 ETH, will be dedicated to supporting the Starknet ecosystem.

KuCoin's investment division has declared a partnership with the TON Foundation. This cooperation entails a $20,000 grant from KuCoin Ventures aimed at fostering the development and expansion of the TON ecosystem.

Avalanche blockchain is trailing in the stablecoin market, with a capitalization of just $1 billion. This situation is taking a toll on the DeFi applications' liquidity within its ecosystem and obstructing a steady flow of new users to the platform. To draw a comparison, the stablecoin market cap on Ethereum stands at $71 billion, while on Tron, it is $52 billion.

The rollout of Aerodrome, a low-fee token swap platform, has propelled Base's Total Value Locked (TVL) to a noteworthy $400 million. This milestone has not only allowed Base to outpace zkSync Era, which stands at $384 million, but also fueled a 56% TVL growth for Base in the past week alone. "The growth has been extraordinary and is a validation of our thesis that ecosystem native DEXs can win," said Alexander Cutler, co-founder of Aerodrome,