The development of AMM DEX is inseparable from the DEFI ecology

As the infrastructure of public chain construction, adhering to the concepts of "If you want to get rich, build roads first" and "If you want to build an ecosystem, first open AMM DEX", AMM DEX has become the most important part of any DeFi ecosystem. Whether it is Uniswap in the Ethereum ecosystem or Pancakeswap in the BSC ecosystem, the vigorous development of each DeFi ecosystem is accompanied by the rapid growth of AMM DEX, and the growth includes TVL, transaction volume, and number of active users.

In the past two months, the fastest-growing trading ecosystem is undoubtedly Polygon. With a strong team from Matic and backed by the support of the Ethereum community, Polygon can be said to have achieved exponential growth in the past few months. With Polygon sounding the charge horn, Quickswap, the number one player in the Polygon ecosystem, has also achieved rapid growth in TVL and transaction volume.

Polygon TVL Growth

Quickswap TVL and trading volume growth (the trading volume was abnormal one day because Mark Cuban called orders)

The number of Quickswap transactions and the number of transactions increased

The data tell you why Quickswap is seriously undervalued?

The market value here is the circulating market value; the unit is Billion

Both TVL and trading volume are important indicators for evaluating the size and purchasing power of AMM DEX users. Therefore, if the market value is lower and the TVL and transaction volume are higher, the project potential is greater and the room for subsequent growth is greater. That is, the larger the value of TVL/MC (TVL to market value ratio) and Vol/MC (trading volume to market value ratio) in the table, the more potential the project has. We can see that the two values ​​of Quickswap are much higher than other AMM DEXs of the same type, and the follow-up potential is unpredictable.

What Upside Momentum Is Left For Quick Token?

As a potential project, the growth of Quickswap's market value is also inseparable from the market environment. Whether it is the bulls and bears of the encrypted digital market led by BTC, or the development of the Polygon ecosystem backed by the public chain, they are all important factors affecting the development of Quick.

The 519 crash, the policy has not yet been implemented, many ecosystems have been hit hard by the market more or less, and part of the market value has evaporated out of thin air. As the "Swiss Army Knife on Ethereum", Polygon has grown against the trend amidst the sharp drop. Polygon's ecology is also constantly prospering and expanding. Polygon is supported by mainstream applications such as Opensea, Aave, Sushiswap, Curve, and 1inch. The Polygon SDK provides a framework for further rapid development of multi-chain Ethereum, turning Ethereum into a mature multi-chain system. Polygon has not only harvested funds and users, but also has unlimited imagination for the ecological future. As an infrastructure, Quickswap has unlimited development as the ecology expands.

In addition to the smooth basic DEX functions and low gas fees, Quickswap is also enriching its own functions. IDO, platform governance, etc. will be added in the future. Quick tokens will also enable these functions.

Whether it is policy risk or the "old financial" trust crisis, it has created further development opportunities for AMM DEX, and Quickswap will become the strongest potential stock in the next wave of DEX trends.

NFT layout

As NFT becomes more and more popular, the price of Axie Infinity is gradually rising, the rising star Crypto Blades is becoming more and more eye-catching, and the concept of Metaverse is also attracting people's attention. In the face of such a hot NFT market, Quickswap is not far behind, and quickly deployed to seize the market.

QuickSwap is also currently issuing limited edition certified NFTs and trading cards. As the native functional token of the platform, QUICK can be used to purchase NFT works. In the future, more about the gameplay and operation mode of NFT will be further announced. At that time, it is believed that NFT will become a new engine for the development of the QuickSwap platform.

Since QUICK was launched on LBank on May 8 this year, the highest increase has exceeded 35 times, the currency price has performed well, and trading users are also very active. It is believed that with the further growth of the Polygon ecology and the continuous increase of the number of people in the community, the development potential of QUICK can be expected in the future.