RootData Top 50 Project Ranking Surge List: Perpetual Protocol ranks first, Beam ranks second

2024-10-21 17:00:00

Collection

ChainCatcher news shows that according to the ranking surge data from the Web3 asset data platform RootData, as of October 21, 17:00, Perpetual Protocol has risen by 623 ranks, placing it first; Beam has risen by 618 ranks, ranking second; and Bridge has risen by 588 ranks, coming in third.

Additionally, the Web3 asset data platform RootData indicates that Perpetual Protocol is a decentralized perpetual contract protocol suitable for any asset supported by virtual automated market makers (vAMM). The project aims to create novel financial instruments by democratizing futures and other crypto asset derivatives. Due to its design of virtual AMM (vAMM), the protocol can support 20x leverage, short positions, and lower slippage compared to other AMMs.

It is reported that RootData has launched the first "Web3 Hot Projects Ranking." This popularity ranking helps users capture the real pulse of attention through 4.3 million real user behavior data, improving the accuracy of user investment decisions. The ranking is calculated in real-time based on the weighted frequency of searches by platform users, project click rates, user votes, and the popularity and influence on the X platform.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.