$1.8 billion moved to Ronin DEX from Ethereum in 2 weeks

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In the first two weeks since Sky Mavis, the team behind Axie Infinity (AXS), launched Katana, $1.8 billion in net assets bridged from Ethereum (ETH) to Ronin (RON), a recent DappRadar report revealed.
According to the data acquisition and analysis company that keeps tabs on thousands of dapps across multiple blockchains, in this short timeframe, the first decentralized exchange (DEX) running fully on Ronin has reached $1.3 billion in Total Value Locked (TVL).
Meanwhile, Ronin, the Ethereum-linked sidechain made specifically for Axie Infinity, reached a new high, surpassing 1.1 million daily active addresses.
Farming RON
Axie became known as the spearhead of the play-to-earn movement and, according to DappRadar’s data, attracts more than 2 million daily active players.
Katana’s deployment increased the liquidity of all assets in the ecosystem, as the DEX currently allows users to swap between four tokens, featuring three liquidity pools, two of which enable users to farm Ro

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