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First DEX on Oasis Network hits $100M TVL in 24 hours

First DEX on Oasis Network hits $100M TVL in 24 hours

In its first 24 hours of operation, YuzuSwap, the first decentralized exchange operating on the Oasis Network, achieved a total value locked, or TVL, of $100 million. Trading volumes over the 24-hour timeframe reached $323 million.

Following the launch of YuzuSwap and Binance Labs’ investment in the Oasis Network, ROSE, has gained 14.2% over the past 24 hours. The token is up 43% over the past two weeks and 67% over the past month.

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