At the launch of the ZkEVM mainnet, exploring noteworthy projects in the Polygon ecosystem

Original link: https://twitter.com/rektfencer/status/1630661921858002946

Compiled by: Deep Tide TechFlow

The zkEVM mainnet of Polygon is about to launch, and now it's time to explore the most interesting projects on Polygon. Crypto analyst Rekt Fencer shares several projects he believes align well with this narrative. Let's see which project can gain momentum from the zkEVM mainnet.

So far, Polygon has built a mature DeFi ecosystem, and they are doing very well. Since the beginning of this year:

• Market cap has nearly doubled;

• $MATIC price has increased by 70%;

• TVL has grown by 30%;

y00tsNFT

They have not forgotten to develop the NFT ecosystem. y00tsNFT received $3 million in funding from Polygon and moved from Solana to Polygon. The native collectibles launched on Polygon have also performed excellently. Rektdogs has increased sevenfold since minting.

Aavegotchi

The most popular GameFi project on Polygon is Aavegotchi, an open-world Play-To-Earn NFT role-playing game.

Aavegotchi's token $GHST:

• Current price: $1.46 (down 50% from ATH).

• Market cap: $77 million, TVL: $11 million.

• Listed on Binance, OKX, and Huobi.

• Serves as the base currency for purchasing on-chain assets in Aavegotchi.

QuickswapDEX

The largest DEX on Polygon is QuickswapDEX. It is based on open-source software, prioritizing decentralization, censorship resistance, and security.

QuickSwap's token $QUICK:

• Current price: $105;

• Market cap of $46 million, TVL of $167 million;

• Listed on Binance, Coinbase, and Kucoin;

• Used for governance;

Idex

Idex is a perpetual swap DEX with leverage up to 100x. They have a hybrid system that includes an order book and AMM. Although they just launched their V4, they already have a total trading volume of $3.5 billion.

$IDEX token:

• Current price: $0.06;

• Polygon market cap: $45 million, TVL: $4.5 million;

• Listed on Coinbase, Gate, MEXC;

• Used for staking to share protocol fee earnings;

DecentralGames

DecentralGames aims to build games and social experiences in the metaverse, attracting hundreds of thousands of visitors each month. Their flagship game is ICE Poker, a metaverse poker game where users can earn $ICE rewards and digital collectibles through various activities.

The token for Decentral Games is $DG:

• Current price: $0.038 (down 97% from ATH);

• Market cap of $25 million, FDV of $38 million;

• Listed on Gate, MEXC, Kucoin;

• Used as a utility token for staking and purchasing wearables;

Gains Network

Gains Network is a platform that allows users to trade cryptocurrencies with leverage up to 150x, forex up to 1000x, stocks up to 100x, and indices up to 35x. They have a TVL of $17 million on the Polygon chain.

Gains Network's token $GNS:

• Current price: $8.31;

• Market cap of $253 million;

• Listed on Gate, Binance, MEXC;

• Serves as a liquidity efficiency mechanism;

DFyn

DFyn has a TVL of $19 million, ranking second among native DEXs on Polygon.

Its token $DFYN information is as follows:

• Current price: $0.051;

• Market cap of $9 million;

• Listed on Kucoin;

• Used for governance and profit sharing (0.05% of each transaction goes to $DFYN holders).