A New DEX Launches on Tron Network, DDEX, with 18 TRC20 Tokens Listed for Mobile and Web
Tron Network is growing with each day that passes. Whether it is the Dapp ecosystem where it is regularly making new records or the blockchain itself where it is breaking the records in terms of accounts or transactions.
Competing with Ethereum, Tron has surpassed the second-largest cryptocurrency in user activity, Dapp trading volume among other indicators while working on outdoing EOS’s dapp activity.
Recently, it has shifted it focus on institutional investors as well as it launched its hard fork on February 28 and partnered up with Tether (USDT) to become institutional-friendly.
Now, according to the latest developments, another decentralized exchange is coming on the Tron network. DDEX has announced its launch on Tron blockchain that touts to be the first decentralized exchange built on Hydro Protocol technology that offers instant and real-time order matching with a secure on-chain settlement, as per its website.
“DDEX officially launches on Tron Network today. Starts on 3/6/2019. 18 TRC20 Token listed. Trade on Mobile @Mathwallet @VenaProtocol. Trade on Web TronLinkWallet. Happy Trading on DDEX!”
Recently, Justin Sun, the founder and of Tron and CEO of BitTorrent participated in an interactive Q&A in the Qian’an Telegram community where he revealed that Wave Field Tron is developing a social media tool that will integrate BitTorrent (BTT) token.
With this, content producers will be able to earn tokens by distributing content and further connect with their followers and fans.
BTT is finding its way everywhere, as Sun had recently stated, a platform with a massive base of 100 million active users worldwide is not a one-time project. Going on for the past 16 years, he said it has a history longer than that of the leading cryptocurrency Bitcoin. He believes it doesn't even need any hype as it is popular and “widely favoured” by the industry.
At the time of writing, sitting at the 10th spot, Tron has been trading at $0.0232 with 24-hours loss of 1.31 percent while managing the daily trading volume of $150 million.