Defx is live on Berachain Mainnet with native support for HONEY!
Berachain has taken the crypto ecosystem by storm by introducing everyone to Proof of Liquidity. Their parties during Token2049 Singapore were the stuff of legends—lines stretched across a large part of the MBS building. That was just one of many visible signs that they’ve successfully built a cult-like community.
What’s most impressive about Berachain is that they are one of the few ecosystems that have truly grown the pie—not just by building the Berachain Baddies community but also by backing fun and unique products that aren’t available on other blockchains.
They have redefined how new blockchains go live by ensuring their whitelisted set of apps have sufficient liquidity (and TVL) on Day 1 through their Boyco rollout. This curated set of dApps, promoted by Berachain, benefited from Proof of Liquidity yields, with TVL crossing $3.1 billion before they closed Boyco to new deposits. If TVL holds up (and we think that with BERA going into circulation, it will double), Berachain will surpass Hyperliquid, Arbitrum, Sui, Avalanche, Aptos, and Polygon, making it the 6th largest chain by TVL.
Berachain is bringing a fresh perspective to the EVM scaling wars, potentially capturing the fun side of the web3 community. For these reasons, Defx has expanded to Berachain on Day 1, natively supporting HONEY as the stablecoin of choice. Defx will actively engage with the Berachain Foundation, the Berachain community, and other ecosystem dApps to establish itself as the preferred orderbook perps dApp on Berachain. Defx will also participate in the proof of liquidity consensus mechanism as we iterate through the dApp with community feedback.
About Us:
Defx is an orderbook-based perps DEX offering up to 50x leverage to trade the most popular cryptocurrencies in a fully permissionless way. Bring your HONEY to Defx!
Website: https://defx.com/
App: https://app.defx.com/
Discord: https://discord.gg/6HJWZzQje7
X (Twitter): https://x.com/DefxOfficial
Telegram: https://t.me/Defxcom/1