According to Odaily, the decentralized social trading platform DeXe Network has reported a total value locked (TVL) of $365 million on platform X, following the rise in BNB price. This significant increase has led to DeXe Network becoming the largest Decentralized Autonomous Organization (DAO) on the BNB chain.
The rise in BNB price has been a significant factor in this achievement. As the value of BNB increases, so does the value of the assets locked in DeXe Network. This has resulted in a substantial increase in the platform's TVL, making it the largest DAO on the BNB chain.
The DeXe Network's achievement is a testament to the growing popularity and acceptance of decentralized platforms. It also highlights the potential of BNB and similar cryptocurrencies in contributing to the growth and development of such platforms.