Dec 18, 2023
Ranks 9th on CoinMarketCap's Chain Ranking, a global cryptocurrency data intelligence platform
One of the most trusted blockchain ecosystems with robust on-chain economic activities
Aims to accelerate mass adoption of Web3 through unagi, an omnichain initiative
WEMIX, an EVM-compatible layer 1 blockchain network, ranks 9th on the Chain Ranking list provided by CoinMarketCap, a global cryptocurrency data intelligence platform. The Chain Ranking provides a list of blockchain networks by TVL.
TVL is a metric that reflects liquidity and user activity in a blockchain ecosystem and can be seen as a major crypto indicator that shows the level of trust the market holds for the blockchain. Many experts worldwide include TVL when analyzing blockchain networks' economic scale.
Staking accounts for the largest segment of the TVL in the WEMIX network, displaying the users' trust in the project. The robust on-chain activity and user participation have made WEMIX one of the most trusted blockchain ecosystems.
The WEMIX3.0 mega-ecosystem is home to various platforms including but not limited to WEMIX PLAY, a blockchain gaming platform for over 9 million users, WEMIX.Fi, a comprehensive DeFi platform, and NILE, an NFT & DAO platform.
In 2023, WEMIX announced unagi(Unbound Networking & Accelerating Growth Initiative), an omnichain project that aims to break down barriers between blockchain networks for the mass adoption of Web3.