Etherlink Ecosystem Grows with KuCoin Integration
The Etherlink ecosystem has reached new heights as KuCoin adds support for direct Tezos (XTZ) deposits and withdrawals on the network. This milestone, announced on September 11, has driven a record total value locked (TVL) of $60 million within the ecosystem.
Seamless Tezos Transactions on KuCoin
KuCoin users can now enjoy sub-500ms confirmations and near-zero fees for Tezos transactions, enhancing the adoption of Etherlink’s platform. This integration is expected to streamline user experience for traders and investors alike, positioning Etherlink as a leader in the blockchain space.
Boosted Activity with Apple Farm Season 2
The launch of Apple Farm Season 2 has further fueled activity on the Etherlink network. The incentive program, which expands into multiple protocols, allows participants to maximize their rewards until mid-November. This boost in adoption has significantly contributed to the network’s growth, with a peak of $60 million TVL on September 5.
New Protocols and Yield Opportunities
Recent updates include stXTZ liquid staking available through Stacy.fi. Users can now earn yield by holding liquid staked tokens that remain usable across various DeFi protocols. Additionally, the Gearbox Protocol’s USDC vault, curated by Re7 Labs, integrates institutional-grade yield strategies into Etherlink’s ecosystem, further adding to its appeal among investors.
Expansion into DeFi and Infrastructure Upgrades
Etherlink continues its DeFi growth with platforms like Curve, OKU, Uranium.io, Superlend, Hanji, and Jumper Exchange joining the network. Beyond DeFi, several infrastructure upgrades have been introduced. The Temple Wallet 2.0 now supports Etherlink alongside Ethereum (ETH), Polygon (MATIC), and Binance Smart Chain (BNB), offering a sleek new interface.
Developers also have access to an updated toolkit for seamless integrations, featuring solutions such as Thirdweb for contract templates and Ankr for distributed RPC services.
Innovative Moves into Gaming and Institutional Adoption
Etherlink is venturing into gaming with projects like Pikes Arena and Cricket Champions, while institutional integrations like Hex Trust’s custody of tokenized uranium (xU3O8) highlight the ecosystem’s versatility. The “Summer of Code” hackathon also showcased Etherlink’s innovative edge, with nearly 100 development submissions driving further ecosystem maturity.
Broadened Accessibility and Social Media Presence
To enhance accessibility and visibility, Etherlink has expanded its presence on platforms like Bluesky and Farcaster. Visibility improvements also include integrations with tools such as GeckoTerminal, providing users with in-depth insights into the growing DeFi landscape.
Explore the Benefits of Etherlink
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