- KuCoin has listed Ithaca Protocol (ITHACA) on its buying and selling platform.
- The alternate helps ITHACA deposits by way of the BSC-BEP20 blockchain community.
- Ithaca Protocol is a non-custodial, configurable, AI-enabled choices ecosystem.
Seychelles-based cryptocurrency alternate KuCoin has listed the Ithaca Protocol (ITHACA) on its buying and selling platform. On December 18th, the crypto buying and selling platform introduced by means of a weblog publish that ITHACA can be out there on its spot buying and selling platform. Customers could possibly begin buying and selling digital property inside 24 hours of the announcement.
KuCoin mentioned its platform will assist ITHACA deposits by way of the BSC-BEP20 blockchain community, and ITHACA buying and selling can be out there because the ITHACA/USDT buying and selling pair. KuCoin additionally permits buying and selling bots for buying and selling pairs activated on Spot Grid, Infinity Grid, DCA, Sensible Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Development companies.
What’s the Ithaca Protocol?
Ithaca Protocol is a comparatively new participant within the decentralized finance (DeFi) area. It’s a non-custodial, configurable, AI-enabled choices ecosystem that’s gaining vital traction within the cryptocurrency trade. Many cryptocurrency customers within the DeFi ecosystem consider that the newly launched protocol will tackle the prevailing limitations of conventional choices buying and selling.
Additionally learn: KuCoin launches BTC and ETH choices buying and selling, presents 100,000 USDT reward
In the meantime, the itemizing will give KuCoin customers entry to the Ithaca Protocol's revolutionary options, permitting them to beat the restrictions of choices buying and selling. These options embody an auction-based matching engine to enhance liquidity, an off-chain pre-matching system to cut back congestion on the blockchain, a composable choices system to create advanced possibility methods, and a structured Contains product promotion.
Ithaca Protocol Current Efficiency
In response to DeFiLlama information, the Ithaca protocol has a Complete Worth Locked (TVL) of $2.68 million. This protocol has seen a constant enhance in TVL since its inception in Could, with a short drop in mid-October. The rise in ITHACA's TVL signifies development and adoption of latest protocols.
The itemizing of KuCoin will open a brand new gateway to the Ithaca Protocol ecosystem for crypto customers. The newly launched protocol has seen a notable enhance in buying and selling quantity this month, reaching an all-time excessive of $468,000 on December sixteenth, simply earlier than the KuCoin itemizing announcement.
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