EchoDEX Community Portion is a unique and innovative project in the ever-evolving crypto space. It brings forward a decentralized exchange platform built on the Linea network. Since its inception in 2023, it has been dedicated to facilitating fast, secure, and efficient trading of cryptocurrencies.
About EchoDEX
EchoDEX is a decentralized exchange platform that's not just unique but also offers a secure trading environment for its users. What sets it apart is its foundation on the reliable Linea network, which ensures optimum security and efficiency for all transactions.
Project History
EchoDEX was officially launched on 30th March 2023. Since then, it has made remarkable strides in the world of crypto trading. The project has managed to amass more than 75,000 active users and has handled over 2 million transactions on-chain. This represents an estimated 5% of the total transactions of the Linea Testnet. Additionally, EchoDEX has accumulated 135k followers on Twitter, maintaining steady interaction on the platform.
Future Plans
As for the future, EchoDEX has big plans. The project aims to roll out more campaigns to attract additional liquidity and Total Value Locked (TVL) into the platform. In addition, they plan on developing Aggregators to provide users with a more effective way to trade and swap at the best fee and trading cost rate.
Token Utility
The project’s token comes with a multitude of uses. It can be used to pay trading fees on the EchoDEX platform and converted to xECP, which will allow users to access more advanced features in the future. Other uses include farming and staking, further enhancing its utility in the cryptocurrency space.
EchoDEX Community Portion social statistic
204,239
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