Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»TRADING NEWS»QuickSwap: Falkor’s jaw-dropping week 1 stats indicate major bullish market sentiment.
TRADING NEWS

QuickSwap: Falkor’s jaw-dropping week 1 stats indicate major bullish market sentiment.

By Crypto FlexsJune 10, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
QuickSwap: Falkor’s jaw-dropping week 1 stats indicate major bullish market sentiment.
Share
Facebook Twitter LinkedIn Pinterest Email

index

The DeFi space is abuzz with the launch of QuickPerps: Falkor, the latest cutting-edge perpetual exchange in the Polygon DeFi family. Almost immediately after launch on May 23, users from the Polygon ecosystem and beyond flocked to Falkor, bringing significant capital with them. Thanks to QuickSwap’s on-chain data analytics tool, we have numbers that prove that the hype around QuickPerps: Falkor is not just a social trend. Within the first week of launch, Falkor gained over 5,100 new users and generated nearly $14 million in transaction volume. Falkor’s remarkable performance not only represents the platform’s cutting-edge features and growing market demand for Polygon PoS’ sophisticated perpetual trading tools, but also represents a key market trend on the horizon.

Setting standards for open-ended contracts

Without a doubt, QuickPerps: Falkor sets a new standard in the ever-popular persistent assets segment of Web3 with its many impressive features. One particularly notable feature is the platform’s near-instant and gas-free transactions. Polygon’s unrivaled scalability stack support and integration of the Orderly Network’s permissionless liquidity layer allows QuickPerps users to execute trades at optimal price points without the burden of high gas fees or latency, which are common and particularly common problems in the DeFi space. It is one of the permanent sectors.

QuickPerps: Another key feature that Falkor offers comes from its commitment to security and user experience. The platform eliminates the need for bridging, allowing Polygon users to deposit funds directly into the platform’s vaults. This streamlined deposit mechanism not only enhances the overall security of the platform, but also simplifies the onboarding process for new users and traders.

QuickPerps: What makes Falkor’s release particularly noteworthy is its impressive array of supporting assets. The platform already offers perpetual contracts for 37 blue chip digital assets, including industry leading cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Polygon’s MATIC, as well as popular Dogecoin (DOGE), Avalanche (AVAX), and XRP. provide. Arbitrum (ARB), Near (NEAR) and Chainlink (LINK). For traders looking to make the most of their capital, Falkor supports leverage of up to 50x. This is an impressive number in itself.

Market Assessment: What Success Means for Falkor

QuickPerps: The rapid growth and trading volume recorded in Falkor’s first week of operation is not just a product of the platform’s cutting-edge features and high-performance engine. Traders tend to seek leverage when they believe a period of high volatility is approaching. The Web3 market is poised for major growth as the Ethereum ETF begins to promote decentralized technologies in both Web3 and traditional finance. Often, increased volume in the permanent jewelry sector is a strong indicator of upward momentum in the broader market. With impressive first week statistics and a rapidly growing user base, QuickPerps: Falkor is well on its way to becoming the go-to destination for traders looking to capitalize on the next big move in the ever-evolving Web3 market.

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment, or financial advice.

Investment Disclaimer

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP price prediction by reducing the volume of RLUSD (RIPPLE USD)

June 7, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

AB starts in binance

June 7, 2025

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025

$ AB is live on Binance, guiding the new era of new cross chain asset mobility.

June 7, 2025

Trump memoin is faced with a $ 520m lock in July and the price drops by 85%.

June 7, 2025

Vaneck launches GPZ ETF for alternative asset managers.

June 7, 2025

Apple, X, Airbnb Eye Stablecoin Integration

June 7, 2025

Strategy to raise almost $ 1B by STRD priority proposal for BTC accumulation

June 7, 2025

Hash research CEO is appointed chief policy officer at the presidential office

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

AB starts in binance

June 7, 2025

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025
Most Popular

ESL Faceit Group ‘Opportunistically’ Exploring Blockchain

December 30, 2023

Forget the eyeballs – New TON Ecosystem Initiative Offers $5 Million in Palm Scan Incentives

April 8, 2024

Ghanaian fintech startup Zeepay secures $3 million equity investment

April 9, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.