According to Odaily, the Chinese decentralized contract trading platform "Sun Wukong" has surpassed 2 billion USDT in cumulative trading volume in just seven days since its launch. On October 16th, trading volume reached 85 million USDT, a 17% increase from the previous month. The platform's total capital sinking reached 63 million USDT, a 16% increase from the previous month.
In terms of liquidity, the depth of K2 coin pairs has significantly increased. BTC's depths at 1000, 1500, and 1100 increased by 330%, 288%, and 156% respectively compared to the previous day; while ETH's depths at 1000, 1500, and 1100 increased by 264%, 210%, and 150% respectively, continuously improving the user trading experience.
In addition, the Sun Wukong platform has launched a deposit-to-interest activity: users who deposit USDT can enjoy a 12% annualized return, with no lock-up, no freeze, and no limit, helping users to flexibly increase the value of their assets.
