It seems that Ethereum (ETH), long standing as the leading DeFi platform, is now being overtaken by newer players — Cardano (ADA) and Tradecurve (TCRV). Of these two, Tradecurve is capturing the most attention for ushering in a new era of trading by blending the best aspects of both centralized and decentralized exchanges. Let’s take a look at what’s behind the shift in the top DeFi spots.
Tradecurve
Tradecurve is an advanced trading platform that allows anyone to trade stocks, currencies, commodities, and indices. The unique aspect of Tradecurve is its emphasis on anonymous and accessible trading, which is made possible through the integration of DeFi technology.
Tradecurve eliminates the hassle of conventional account creation processes seen in many traditional platforms by only requiring an email for registration. With no strenuous KYC requirements, Tradecurve allows users to access all financial markets without having to provide any personal information.
Security is also a major feature of Tradecurve, as its platform utilizes cryptography for increased protection against third-party interference or malicious attacks. Unlike other exchanges, Tradecurve users hold the keys to their own wallets, giving them complete control over their assets.
Tradecurve has a proprietary token, TCRV, that provides additional benefits to its holders. This includes access to advanced trading tools, the chance to stake for passive earnings, the ability to upgrade account levels, and reduced trading fees.
Currently, TCRV is in its presale stage and is available at just $0.012 per token — up 20% since its launch. This price is expected to see a dramatic increase up to $0.60 by the end of the presale period, with a further value surge to $1 upon a tier-1 exchange listing.
Ethereum (ETH)
Ethereum (ETH) is the first blockchain platform ever to introduce smart contract technology, which enabled the creation of decentralized applications (Dapps) and automated financial contracts known as DeFi.
Ethereum (ETH) has enjoyed a long run as the undisputed leader in the DeFi space, with thousands of projects building on the Ethereum (ETH) platform. In fact, most of the original DeFi projects, such as Aave, MakerDAO, and Uniswap, are all built on Ethereum (ETH).
However, Ethereum (ETH) has been plagued with scaling issues, particularly with regard to high transaction fees, slow transaction times, and network congestion. This has created a lot of frustration among Ethereum (ETH) users and has led to a search for more user-friendly and efficient alternatives. For example, the Ethereum TVL of $28 billion is lower than it was in November – showing that there is a shift away from the platform.
Cardano (ADA)
Cardano (ADA) was created by Ethereum co-founder, Charles Hoskinson, in 2015, and has since established itself as a prominent blockchain platform. Unlike other Ethereum (ETH) challengers, Cardano took a scientific approach to its development, heavily researching and testing new technologies before implementing them.
Cardano (ADA) was designed to solve the issues that Ethereum faces, specifically in terms of scalability, transaction speed, and energy efficiency. For instance, Cardano (ADA) has implemented a two-layered protocol consisting of a settlement layer and a computation layer, which allows for higher transaction throughput and faster processing times.
Recently, Cardano (ADA) has gained momentum in the DeFi space, with several projects building on its platform. For instance, Cardano (ADA)-based decentralized exchange (DEX) Minswap has surpassed $58 million in total value locked, making it one of the top DeFi projects in the market.
Pricewise, Cardano (ADA) started the year trading at $0.24 but has since climbed to a current price of $0.35. Analysts predict that Cardano (ADA) will stay within the $0.30 – $0.42 range until the industry-wide bull market arrives.
For more information about TCRV presale tokens:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
DISCLAIMER: This article is not intended as financial advice. Educational purposes only.
