- KuCoin has listed the Ithaca (ITHACA) protocol on its buying and selling platform.
- The change will help ITHACA deposits by way of the BSC-BEP20 blockchain community.
- The Ithaca Protocol is a non-binding, collapsible ecosystem of AI prospects.
Seychelles cryptocurrency change KuCoin has listed the Ithaca (ITHACA) protocol on its buying and selling platform. On December 18, the cryptocurrency buying and selling platform introduced through a weblog put up that ITHACA shall be out there on its spot buying and selling platform. Customers may begin buying and selling the digital asset inside 24 hours of the announcement.
KuCoin famous that its platform will help ITHACA deposits by way of the BSC-BEP20 blockchain community, and ITHACA buying and selling shall be out there as an ITHACA/USDT buying and selling pair. KuCoin may also allow buying and selling robots for the activated buying and selling pair throughout the Spot Grid, Infinity Grid, DCA, Good Rebalance, Spot Martingale, Spot Grid AI Plus and AI Spot Pattern companies.
What’s the Ithaca Protocol?
Ithaca Protocol is a comparatively new participant within the decentralized finance (DeFi) sector. It’s a non-custodial, AI-powered, malleable ecosystem of prospects that’s gaining traction within the crypto business. Many cryptocurrency customers within the DeFi ecosystem consider that the newly launched protocol will clear up current limitations in conventional choices buying and selling.
Additionally learn: KuCoin Launches BTC and ETH Choices Buying and selling, Presents 100,000 USDT Rewards
In the meantime, the itemizing will enable KuCoin customers to entry the progressive options of the Ithaca protocol, permitting them to beat limitations in choices buying and selling. These options embrace an auction-based matching engine that may enhance liquidity, an off-chain pre-matching system that reduces blockchain congestion, a folding choices system for creating advanced choice methods, and facilitating structured merchandise.
The newest efficiency of the Ithaca protocol
Information from DeFiLlam reveals that Ithaca Protocol has $2.68 million in Whole Worth Locked (TVL). The protocol has seen a constant improve in TVL since its launch in Might, with a momentary dip in mid-October. ITHACA's rising TVL reveals the expansion and adoption of the brand new protocol.
KuCoin's itemizing opens a brand new gateway for cryptocurrency customers to the Ithaca protocol ecosystem. The newly launched protocol noticed a big improve in buying and selling quantity this month, reaching its document quantity of $468,000 on December 16, shortly earlier than KuCoin's itemizing was introduced.
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