OKEx is one of the leading crypto exchanges to mount the DeFi bandwagon. In line with a recent official announcement listings for eight different DeFi tokens, along with Band Protocol [BAND], JUST [JST], REN, Reserve Rights [RSR], Yearn.finance [YFI], Nexus Mutual [wNXM], YFII.finance [YFIz], & Tellor [TRB].
These new listings expand their DeFi suite to a new sum of 27. As per OKEx’s CEO, Jay Hao, praising the DeFi sphere, he added:
“OKEx has been keenly observing the DeFi market dynamics & trying our best to partner with high-quality innovative DeFi projects that reveal the foremost potential. We are very encouraged to ascertain numerous excellent projects emerging within the market, as this also indicates that the DeFi space is developing rapidly.”
OKEx is not alone in its commitment to the present particular facet of Blockchain’s ecosystem. Earlier in April, Binance exchange issued a new DeFi token backed by the cryptocurrency asset, Ontology [ONT]. Based on Binance Chain & governed by a series of parameters referred to as BEP2, the new token goes by the name ONT-33D, a Binance spokesperson added.
Earlier in the month of June, Coinbase exchange also revealed support for the favored DeFi project, Compound [COMP].