BNB
by BSC News
March 24, 2023
The Baby Doge Swap DEX continues to gain user adoption on BNB Chain.
The Baby Doge team is celebrating an important milestone, as the MemeFi protocol’s Token Locker recently surpassed $10 million in Total Value Locked (TVL).
Overall, Baby Doge Swap commands nearly $60 million TVL, according to DefiLlama. That puts it in 14th position among all Decentralized Finance (DeFi) platforms on BNB Chain and fifth among BNB Decentralized Exchanges (DEXes).
In terms of exchange volume over the past week, Baby Doge Swap is the 13th ranked DEX on BNB, according to DefiLlama.
Baby Doge continues to explore its broader ambitions, recently announcing its foray into gaming, first by launching an old-school game of chess where players can compete against each other to win $BABYDOGE.
Baby Doge Swap is the acclaimed “son” of the popular meme token, DOGE. Baby Doge Swap started out as Baby Doge Coin and is a hyper-deflationary system that progressively increases its scarcity and increases its liquidity. The project is now a fully Decentralized Exchange with swaps, liquidity pools, yield farming, and more. Baby Doge considers its primary utility as building a fun meme community to spread awareness of animal adoption.
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