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BYDFi Market Overview: UFD,HYPE and USUAL’s Growth, PENGU’s Stable US$1,800,000,000 Market Cap
- BYDFi crypto exchange has launched new tokens, PENGU, HYPE, UFD, and USUAL, that diversify the categories of assets on the platform and offer more investment opportunities to users around the world.
- UFD, a meme coin in the Solana ecosystem, has seen its market cap surge to $230 million with staggering 24-hour price gains and a 24-hour trading volume of $145.4 million.
- PENGU, the official token of Pudgy Penguins NFT project, has already surpassed $1.88 billion market cap with a 24-hour trading volume of $360 million and 62.8 billion tokens in circulation, aiming at Web3 innovation through the Abstract public blockchain and developer incubator.
- HYPE is the native token of Hyperliquid decentralized derivatives protocol, and its price has increased 1345% since its launch to $28.91. Its 24-hour trade volume has set a new record at $15 billion, rendering it a rising leader in the DeFi industry.
- USUAL is the native governance token of the Usual protocol, that aims to create a secure and efficient stablecoin ecosystem backed by real-world assets. Its issuance is tied to total value locked in a deflationary mechanism that helps increase long-term value.
- BYDFi also launched additional tokens, FUEL, VANA, SEND, and ARCSOL on the same day, simplifying buying crypto by partnering with payment service providers, Banxa, Transak, and Mercuryo.
- BYDFi aims to provide a world-class crypto trading experience to its users, planning to introduce the 'BYDFi Copy Trading' feature in the future.
- The platform supports more than 600 tokens for spot trading and offers leverage from 1x to 200x, catering to every investment strategy.
- For inquiries and support, users can reach BYDFi via their official website, support email, business partnerships, media inquiries, Twitter, LinkedIn, Facebook, Telegram, and YouTube.
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