The decentralized finance (DeFi) sector is currently experiencing an evolution, with investors now looking past the hype to projects that solve real-world problems. As a result, early parts of the hype, Uniswap (UNI) and PancakeSwap (CAKE), are gradually being pushed aside. Now emerging onto the DeFi scene is Tradecurve, a new trading platform with liquidity levels that experts predict will reinvigorate the DeFi sector.
V4 Launch Delayed – End of the Road for Uniswap (UNI)?
The successor to the Uniswap V2 and Uniswap V3 was recently announced, raising anticipation within the DEX. The upgrade was expected to bring increased liquidity and trading flexibility to Uniswap. However, Uniswap Labs would later announce that Uniswap V4 would be delayed. According to Uniswap news, the update of its DEX is scheduled to launch after the Ethereum Cancun upgrade.
With the Ethereum Cancun upgrade predicted to be released between September and October, Uniswap users will need to wait a little longer for the upgrade. While the wait gets longer, liquidity levels continue to be an issue for Uniswap. In terms of price, the Uniswap price chart has been bullish. In the last 24 hours, the price of Uniswap has increased by 9% to trade as high as $5.71 per token.
PancakeSwap (CAKE) Continues To Struggle
The same liquidity problems of Uniswap also present themselves on PancakeSwap. In addition, the recent proposal which cut the interest rate on PancakeSwap hugely affected the number of users and price of Pancakeswap. As a result, the price of Pancakeswap fell by more than 50% in the first half of the year.
At the moment, PancakeSwap is trying to pull a comeback. The rally for PancakeSwap started several days ago after a partnership with Google Cloud was announced. The collaboration is expected to bring more scalable nodes to PancakeSwap. However, DeFi experts are still not bullish about PancakeSwap as the issue of liquidity hasn’t yet been addressed.
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Tradecurve to Bring the Biggest Liquidity Into DeFi
While Tradecurve might be a relatively new player in the DeFi space, experts are backing the project for its liquidity levels. Tradecurve is expected to carry the highest amount of liquidity as it taps into the $632 trillion worth of derivatives market.
This is because Tradecurve is building the first platform where DeFi users can seamlessly trade assets from stocks, forex, options, CFDs, ETFs, and markets.
The size of the derivatives market and the liquidity that flows through it are expected to revamp the DeFi sector. In addition to this, this new DeFi platform adds extra features for a more rounded platform.
Beginners in the blockchain space can also benefit from Tradecurve’s metaverse Trading Academy, which offers materials and professional guidance.
With these features, industry experts are predicting that Tradecurve will become the next blue-chip crypto project. Now priced at a moderate $0.018 per token, experts are bullish about the prospects of TCRV.
As the platform gains prominence, there is a price forecast of $1.5 for TCRV in 2023, meaning early backers have a chance of receiving amazing returns on their investments.
Visit the links below to get more information about Tradecurve and the TCRV token:
Buy presale: https://app.tradecurve.io/sign-up