WEMIX

WEMIX Dollar

<p>South Korean gaming publisher Wemade’s layer 1 blockchain network WEMIX has ranked 9th in CoinMarketCap’s <a href="https://coinmarketcap.com/chain-ranking/" rel="noopener noreferrer nofollow">list</a> of largest blockchains in crypto ranked by total value locked (TVL). TVL refers to the U.S. dollar value of assets locked or staked on a blockchain. It is a key indicator of liquidity as well as investor and developer participation in a blockchain ecosystem.</p><h2 id="header-0">WEMIX’s stats</h2><p>As of this writing, WEMIX’s TVL is $555.4 million, outpacing 10th place-holder Cardano by over $100 million. Its market capitalization is $1.27 billion. Staking accounts for the largest share of WEMIX’s TVL, which implies a high level of on-chain activity and trust among users in the blockchain’s stability and potential for growth.</p><h2 id="header-1">Expansive ecosystem</h2><p>WEMIX is building a large-scale ecosystem centered on the WEMIX3.0 mainnet, which features popular platforms like the blockchain gaming platform WEMIX PLAY; decentralized autonomous organization (DAO) and NFT platform NILE; and decentralized finance (DeFi) platform WEMIX.Fi.</p><p>The firm’s more recently developed platform is its joint omnichain network with Chainlink Labs dubbed the Unbound Networking &amp; Accelerating Growth Initiative, or “unagi,” which will serve as an interoperable Web3 gaming platform linking multiple blockchains. It is expected to boost WEMIX’s growth into an even larger mega-ecosystem.</p>

WEMIX comes in 9th in CoinMarketCap’s TVL chain ranking

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