dForce now ranks #19 globally with $65.1M TVL (Total Value Locked) as of 30 November 2020, up by 13x since the launch of dForce Yield Market (dToken) in early August. dToken constitutes 92% of dForce’s TVL with $59.9M, followed by USDx with a TVL of $4.7M, accounting for 7.3% of the TVL.
Among dToken assets, dUSDT grab the biggest slice of the pie with $39.8M TVL, accounting for 66.5% of the total, followed by dUSDC with $16.3M TVL, accounting for 27.2% of the total. dDAI recorded a TVL of $1.5M with 2.5% share of the pool.
USDx is now traded on dForce Trade, Uniswap, S.Finance, Unisave, etc. USDx holders can earn passive interest (APY 6.53% at the time of writing) by simply depositing USDx into USR (aka USDx Saving Rate). Instant withdrawal is also supported.
GOLDx, a digital gold token featured by zero on-chain transaction fee and denominated in gram, is currently traded on dForce Trade, Uniswap, SENBit and DigiFinex. The soon-to-be-launched dForce Lending will support GOLDx with yield.
Presently, dForce Trade has integrated with 6 mostly used DEXes including Uniswap, Balancer, Curve, etc. with >95% coverage of token swaps, scanning for the best possible price and aggregating proper liquidity across multiple platforms to facilitate large-volume trades.
dForce is one of very few DeFi projects that offer incentivize plan over an extended time horizon, serving as a strategic compensation vehicle to promote long-term retention and community engagement. Among all yield-farming DeFi projects (Uniswap, Curve, Yearn, etc), dForce Liquidity Mining ranks #8 globally in terms of total value locked, according to CoinMarketCap, with Champagne Tower Pool accounting for the biggest slice of the pie.