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No. 1 DeFi Protocol on Aptos, Echo, Launches Token Generation Event

  • Echo Protocol, the largest protocol on Aptos by TVL, has launched its Token Generation Event (TGE) following record-breaking growth and community engagement.
  • Echo has played a significant role in driving the growth of BTCfi on Aptos, with over $285 million in aBTC minted and 65% of all bridged BTC assets on the platform.
  • The TGE marks a milestone for Echo in bringing BTCfi to life and providing new growth opportunities for users and builders in the ecosystem.
  • Supported by Aptos Foundation’s LFM program, Echo plans to expand BTC liquidity and composability post-TGE, aiming to enhance BTCfi use cases across the ecosystem.

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