Post
MAVRICK13
325M transactions. $6B in DEX volume. And the chain is still shutting down.
Pudgy Penguins’ Abstract will close Dec. 15 after its parent spent tens of millions supporting the L2. About $76M in assets still needs migrating.
That’s the uncomfortable lesson: activity ≠ sustainable economics.
Meanwhile, $PENGU is down 9.7% to ~$0.00852 on OKX, with ~$238M traded.
#PENGU #DeFi #Layer2 #Crypto
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$84,353.2+0.00%
ETH/USDTEthereum
$2,496.22-0.01%
SOL/USDTSolana
$107.88-0.01%
Today’s market buzz
1#BTCETFInflowsContinue
2#SpaceXQ3RevenueUp161%
3#NetflixQ3ProfitBeat
