1. LQTY
The core asset of the Liquity protocol, Liquity itself is a decentralized lending platform built on the Ethereum blockchain. It allows users to borrow LUSD, a stablecoin pegged to the US dollar, at zero interest using Ether (ETH) as collateral. This model itself is a subversion of the traditional lending market, providing users with great capital utilization efficiency.
It also represents part of the future of decentralized finance. If investors can grasp the core value and market trend of LQTY, which has 5-10 times the space, they will surely take the lead in the DeFi wave. But please remember that the market is always full of uncertainty, and only in-depth research and reasonable planning can ensure long-term investment success.
2.DYDX
dYdX is the world's first decentralized digital currency derivatives trading platform, which aims to build more open, transparent and secure financial products through decentralized technology. In the dYdX platform, it mainly supports margin (leverage) trading and derivatives (perpetual contracts) trading, and can support up to 20 times leverage.
From the historical candlestick chart of DYDX token, we can see that the highest increase of DYDY was after the token was issued and mining started, with the price rising to more than 27 US dollars. Later, because the platform did not give DYDX more application scenarios, DYDX has always lacked sufficient application scenarios.
3. CKB
Nervos Network, has surged 10.65% in the past 24 hours. This sudden growth has sparked a lot of interest in the market, especially after they announced the launch of Fiber Network. This new feature is expected to enhance multi-token payments and peer-to-peer transactions inspired by Bitcoin's Lightning Network. It solves scalability issues, reduces costs, increases speed, supports multiple assets, and works with Bitcoin's Lightning Network, making it a game changer for Nervos.
In addition to this price surge, Nervos Network has always stood out for its two-layer architecture. The Layer 1 foundation (Common Knowledge Base or CKB) uses Proof of Work (PoW) to secure the network, while the Layer 2 computational layer processes transactions in real time. This combination provides developers with the security of PoW and the flexibility to build scalable decentralized applications (dApps).
