Tradecurve Leading the Way Amid Booming DeFi Market, Aave Outlook

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Tradecurve Leading the Way Amid Booming DeFi Market, Aave Outlook
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Decentralized finance (DeFi) is one of the most interesting sectors in crypto, as it promises to transform the fintech industry. After a few months of drop-off in activity, adherents are back, and the DeFi market is booming once again. At the forefront of this boom are Aave and Tradecurve (TCRV). In this article, we will discuss the roles these projects are playing in DeFi.

Aave Outlook, Launching Stablecoin on Ethereum

One of the leading DeFi protocols for lending and earning, Aave, has announced a major development. According to Aave, the proposal to launch its stablecoin on the Ethereum mainnet received unanimous support. With the proposal now passed, the launch of the GHO stablecoin could happen in the next few days. 

The Aave team announced that the deployment of the GHO stablecoin on the Ethereum chain has passed several testing phases. The launch of the stablecoin is expected to increase the liquidity of Aave. GHO will also be used to generate revenue for the Aave DAO – the governance team of the DeFi protocol. 

In the DeFi sector, the Aave crypto has also been on a bounce. Aave is now the second-largest DeFi protocol with over $6.29 billion in total value locked. The price of the Aave coin has also been on the rise, gaining 43% over the last 30 days. In the last 24 hours, the Aave price has increased by 5.3% and now trades at $77.42.

Tradecurve Leading the Next DeFi Boom

Amidst the recovery in the DeFi sector, crypto experts have heralded that Tradecurve will need the next wave. Tradecurve will be bridging the DeFi sector with the over-the-counter derivatives market.

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This is possible as on the Tradecurve users will be able to trade assets from the forex, stocks, commodities, options, and ETFs. They can do this with just one account and use crypto as leverage.

As a result, Tradecurve will be tapping into the $632 trillion valued derivatives market. Access to the derivatives market will solve one of the issues of DeFi – low liquidity levels. As a result, industry experts believe this massive liquidity will serve to help not only Tradecurve but also the entire DeFi sector. Adding extra features like negative balance protection, AI trading, and a metaverse academy also gives Tradecurve an advantage over Aave.

The uniqueness of Tardecurve has been attracting massive attention in the DeFi space. The platform has recorded over 14,000 new users in the last month, making it one of the fastest-growing DeFi platforms.

This growth has also translated into returns for its utility token, TCRV, which increased by 80% in June. Experts believe July will also be very bullish for TCRV, predicting a 40% price surge for TCRV to trade as high as $0.025 as Tradecurve dominates the DeFi space.

For more information about the Tradecurve presale:

TradeCurve Website

TCRV Presale Tokens

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Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.