 [<sup>(Source)</sup>](https://www.newsbtc.com/news/company/how-fantom-is-making-the-defi-space-more-people-friendly/) #### Evening Fantom has been making headlines, as it has overtaken Binance Smart Chain(BSC) to become the third largest chain in terms of total locked value(TLV). TLV across Fantom dapps reached its peak value of $13.52 Billion before retracting to $12.71 Billion. []() While Ethereum continue to lead the defi world controlling around 58% of defi capital, Fantom network now holds 6.55% in comparison to BSC's 6.13%. Whereas overtaking Ethereum might be a far cry, Terra blockchain holding second position with TLV of $16.3 Billion is not too much far ahead. [](https://defillama.com/chains) [](https://defillama.com/chains) Despite of the overall market slump, which caused Fantom's native FTM token to lose 15% value in one day and as much as 37% in past week, the TLV across Fantom dapp have risen prolifically by 18.72% in one day and 58.61% over the past week, indicating plenty of investor activity. Fantom is a new generation of blockchain than aims to solve scaling issues of legacy chains like Ethereum by offering lower transaction cost, higher throughput and instantaneous transaction confirmation. Contrary to Bitcoin's 6 and Ethereum's 12 confirmations requirement per transaction, each transaction on Fantom is final and irreversible needing just one confirmation. The key behind Fantom’s superior performance is because it is a network of chains each operating independently from other with the ability to communicate with one each other. Each dapp on Fantom runs on its own separate chain, tailor maid for its dapp's particular needs. The result is a high performing network of chains without any scalability issues. To put it in a way, Ethereum can be regarded a central computer running multiple applications, whereas Fantom can be treated as a network of multiple computers with each one specializing in running its own application and ability to communicate with others when needed. There have been a plenty of activity going on protocols utilizing Fantom. Multichain a cross chain router allowing users to swap tokens across multiple blockchains have emerged to be the biggest defi app on Fantom with TLV of $7.02 Billion. Another protocol OXDAO, a newly launched DEX on Fantom have also garnered $4.5 Billion in TLV. There recent surge in activity across Fantom protocols can be tied to a number of reasons. One might be the lower transaction fees on Fantom, 0.2$ in comparison to BSC's $0.32. Another reason might be the Fantom network incentivizing the dapp developers for developing on the network. Developers can claim rewards for achieving TLV goals on their protocol. Moreover, Fantom might also be attracting investors soured by recent Solana network outages. <center>  </center> <center>  </center> Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@xabi/fantom-overtakes-binance-smart-chain-to-become-third-lagest-defi-chain)
| author | xabi |
|---|---|
| permlink | fantom-overtakes-binance-smart-chain-to-become-third-lagest-defi-chain |
| category | hive-167922 |
| json_metadata | {"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","news","fantom","defi","neoxian","hive-engine","proofofbrain","leofinance","ethereum","archon","terra"],"canonical_url":"https://leofinance.io/@xabi/fantom-overtakes-binance-smart-chain-to-become-third-lagest-defi-chain","links":["https://www.newsbtc.com/news/company/how-fantom-is-making-the-defi-space-more-people-friendly/","https://defillama.com/chains","https://leofinance.io/hive-167922/@xabi/fantom-overtakes-binance-smart-chain-to-become-third-lagest-defi-chain"],"image":["https://images.hive.blog/DQmfUPVwmyNJJ8g4ghYXK4SvtgA9rYr1bNPh9derDQ6tuSZ/image.png","https://files.peakd.com/file/peakd-hive/xabi/23t752JX1rNbp5jg2oAw68YWePEERTM7tGWBjrGNwMxY4ViSvFfWJPpUs6iXqpT3PrBxH.jpeg","https://images.hive.blog/DQmYrhfiLzzYFy3nYrwRusFfo2b2dKyChCwxUvjokaTRoDG/ran.png","https://images.hive.blog/DQmPQavC17Xx1c9X6BR4Zt1fhMpowV68smgJhEzNrdUv55b/faant.png","https://images.hive.blog/DQmbrLvuKcUaQ6QGFh32C9g1XkCM5TpTJuMnVhVysT4SMTe/image.png","https://files.peakd.com/file/peakd-hive/xabi/vzEZjOB9-1588178363726455042045.png"]} |
| created | 2022-01-25 00:43:30 |
| last_update | 2022-01-25 09:48:39 |
| depth | 0 |
| children | 1 |
| last_payout | 2022-02-01 00:43:30 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 7.191 HBD |
| curator_payout_value | 7.083 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 3,699 |
| author_reputation | 482,761,352,312,564 |
| root_title | "Fantom Overtakes Binance Smart Chain to Become Third Lagest Defi Chain" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 109,825,576 |
| net_rshares | 11,750,984,108,676 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| kevinwong | 0 | 39,787,154,268 | 5% | ||
| kaylinart | 0 | 13,789,816,406 | 5% | ||
| neoxian | 0 | 5,563,058,418,949 | 32% | ||
| sinzzer | 0 | 7,154,295,192 | 10% | ||
| joshglen | 0 | 556,528,571 | 5% | ||
| happyphoenix | 0 | 9,667,905,113 | 10% | ||
| webdeals | 0 | 2,041,815,370 | 10% | ||
| sunshine | 0 | 26,541,354,629 | 5% | ||
| randomblock1 | 0 | 693,270,469 | 10% | ||
| theb0red1 | 0 | 31,273,264,922 | 10% | ||
| rangertx | 0 | 796,411,346 | 10% | ||
| mikehere | 0 | 2,097,781,567 | 10% | ||
| discernente | 0 | 11,981,995,346 | 100% | ||
| rymlen | 0 | 6,507,229,383 | 10% | ||
| bigtakosensei | 0 | 9,772,269,462 | 10% | ||
| freecrypto | 0 | 83,167,642,483 | 10% | ||
| da-dawn | 0 | 58,002,657,198 | 23% | ||
| hattaarshavin | 0 | 16,982,278,054 | 10% | ||
| sixexgames | 0 | 533,101,086 | 5% | ||
| intrepidthinker | 0 | 42,694,789,752 | 10% | ||
| pouchon | 0 | 260,631,231,178 | 10% | ||
| sharkface | 0 | 10,494,660,083 | 10% | ||
| numpypython | 0 | 2,684,006,916 | 10% | ||
| sames | 0 | 4,365,021,960 | 10% | ||
| l337m45732 | 0 | 1,904,260,840 | 6.4% | ||
| linakay | 0 | 4,483,781,994 | 10% | ||
| thelordsfinest | 0 | 866,760,549 | 10% | ||
| eliel | 0 | 11,422,117,608 | 5% | ||
| karensuestudios | 0 | 161,248,379,730 | 100% | ||
| world-travel-pro | 0 | 14,243,157,830 | 10% | ||
| bitrocker2020 | 0 | 120,997,016,095 | 10% | ||
| tj4real | 0 | 1,107,502,368 | 10% | ||
| reloadbeatbox | 0 | 2,107,989,122 | 10% | ||
| roncoejr | 0 | 2,564,769,686 | 10% | ||
| aaronli | 0 | 11,019,290,806 | 10% | ||
| moemanmoesly | 0 | 18,029,073,193 | 10% | ||
| ew-and-patterns | 0 | 12,127,542,618 | 5% | ||
| techken | 0 | 3,540,241,548 | 5% | ||
| joeyarnoldvn | 0 | 574,576,102 | 1.68% | ||
| zainalbakri | 0 | 6,554,051,198 | 10% | ||
| adambarratt | 0 | 10,423,796,979 | 15% | ||
| sallybeth23 | 0 | 539,288,291 | 10% | ||
| akomoajong | 0 | 643,503,203 | 10% | ||
| cranium | 0 | 61,439,223,171 | 15% | ||
| phelimint | 0 | 4,992,336,130 | 10% | ||
| pixelfan | 0 | 41,368,521,112 | 5.6% | ||
| resiliencia | 0 | 782,178,462 | 10% | ||
| francis.melville | 0 | 38,631,635,353 | 100% | ||
| otage | 0 | 29,605,545,259 | 10% | ||
| cflclosers | 0 | 1,287,905,351 | 8% | ||
| bboyady | 0 | 1,149,183,753 | 10% | ||
| bradfordtennyson | 0 | 1,973,493,673 | 5% | ||
| chimzycash | 0 | 4,738,520,117 | 10% | ||
| aamirijaz | 0 | 2,415,832,671 | 16% | ||
| cconn | 0 | 9,324,760,340 | 100% | ||
| tomwafula | 0 | 3,281,027,540 | 100% | ||
| mawit07 | 0 | 71,889,443,778 | 10% | ||
| rodent | 0 | 2,965,841,282 | 13.5% | ||
| jaforce | 0 | 4,175,976,389 | 10% | ||
| silentsoularts | 0 | 629,092,591 | 15% | ||
| dbooster | 0 | 13,783,694,101 | 10% | ||
| maverickfoo | 0 | 13,722,401,958 | 50% | ||
| michaeljn | 0 | 879,579,686 | 10% | ||
| myach | 0 | 3,571,642,107 | 10% | ||
| coyotelation | 0 | 79,410,394,249 | 100% | ||
| tworealsolutions | 0 | 4,486,772,170 | 10% | ||
| mattroconnor | 0 | 2,759,694,363 | 10% | ||
| xabi | 0 | 32,434,502,493 | 10% | ||
| joedukeg | 0 | 1,292,302,063 | 25% | ||
| gattino | 0 | 9,968,070,255 | 100% | ||
| balina | 0 | 256,589,839 | 50% | ||
| cheva | 0 | 16,483,279,380 | 10% | ||
| designieplay | 0 | 3,979,997,425 | 10% | ||
| abmakko | 0 | 2,689,150,275 | 50% | ||
| dudeontheweb | 0 | 3,742,807,225 | 9% | ||
| burlarj | 0 | 17,055,592,631 | 10% | ||
| emjoe | 0 | 16,558,428,205 | 100% | ||
| slacktmusic | 0 | 1,516,061,486 | 10% | ||
| mmmmkkkk311 | 0 | 14,040,522,566 | 10% | ||
| enmaart | 0 | 9,360,290,561 | 10% | ||
| ikrahch | 0 | 39,090,600,906 | 10% | ||
| badmusgreene | 0 | 1,657,517,725 | 10% | ||
| sanach | 0 | 683,441,727 | 10% | ||
| shaidon | 0 | 9,721,382,161 | 15% | ||
| jlordc | 0 | 33,133,457,019 | 32% | ||
| bet1x2 | 0 | 520,175,024 | 100% | ||
| minerspost | 0 | 2,169,858,063 | 50% | ||
| moeenali | 0 | 66,594,892,375 | 10% | ||
| fireguardian | 0 | 629,598,723 | 7.5% | ||
| funkymunky20000 | 0 | 1,263,066,718 | 10% | ||
| anikys3reasure | 0 | 731,328,505 | 16% | ||
| darkpylon | 0 | 2,994,935,439 | 100% | ||
| makingthebest09 | 0 | 600,012,679 | 10% | ||
| oadissin | 0 | 3,011,385,937 | 7.5% | ||
| babarakas43 | 0 | 7,673,729,658 | 10% | ||
| indiebandguru | 0 | 775,570,551 | 5% | ||
| vonaurolacu | 0 | 2,752,374,891 | 5% | ||
| greendeliverence | 0 | 4,823,584,787 | 10% | ||
| truce | 0 | 2,583,567,188 | 10% | ||
| abrockman | 0 | 10,748,794,213 | 10% | ||
| hypersonic1 | 0 | 37,876,072,169 | 10% | ||
| rawn | 0 | 9,312,502,129 | 10% | ||
| mimidee74 | 0 | 2,157,927,189 | 10% | ||
| koenau | 0 | 2,885,287,317 | 5% | ||
| thomasbrown | 0 | 13,590,784,978 | 10% | ||
| mariuszkarowski | 0 | 149,093,578 | 10% | ||
| yameen | 0 | 19,051,213,324 | 10% | ||
| headcrypto | 0 | 1,570,286,923 | 10% | ||
| informator | 0 | 523,382,748 | 5% | ||
| cryptokannon | 0 | 3,899,253,617 | 10% | ||
| chinyerevivian | 0 | 6,823,758,574 | 10% | ||
| xawi | 0 | 30,851,279,860 | 100% | ||
| lordgod | 0 | 588,077,223 | 10% | ||
| softmetal | 0 | 558,827,469 | 10% | ||
| rightwing670 | 0 | 23,154,814,344 | 10% | ||
| tronsformer | 0 | 997,037,261 | 30% | ||
| techcoderx | 0 | 259,110,418,340 | 100% | ||
| ragnar94 | 0 | 1,916,172,447 | 10% | ||
| amahovac93 | 0 | 627,139,398 | 10% | ||
| meher04 | 0 | 535,761,564 | 32% | ||
| steemxp | 0 | 1,310,414,064 | 10% | ||
| decepticons | 0 | 692,322,002 | 30% | ||
| byebyehamburgers | 0 | 5,954,200,713 | 10% | ||
| nattybongo | 0 | 1,869,405,508 | 10% | ||
| abacam | 0 | 803,859,312 | 100% | ||
| abcor | 0 | 3,931,008,321 | 100% | ||
| lilzmom902 | 0 | 3,527,367,967 | 10% | ||
| pardinus | 0 | 18,355,903,535 | 10% | ||
| aboost | 0 | 519,718,613 | 100% | ||
| bkt | 0 | 517,915,632 | 100% | ||
| ireenchew | 0 | 53,173,596,851 | 10% | ||
| goblinknackers | 0 | 988,578,374,708 | 50% | ||
| jluvs2fly | 0 | 8,380,377,727 | 10% | ||
| xcore | 0 | 517,547,464 | 100% | ||
| justinchicken | 0 | 2,627,435,112 | 10% | ||
| maeusenews | 0 | 2,061,099,043 | 10% | ||
| cryptohodlgroup | 0 | 1,769,512,263 | 10% | ||
| pedrocanella | 0 | 753,993,339 | 15% | ||
| bobby.madagascar | 0 | 2,843,296,119 | 10% | ||
| dosh | 0 | 1,561,459,314 | 15% | ||
| marfonso | 0 | 2,844,190,388 | 10% | ||
| jimbi | 0 | 3,044,829,165 | 10% | ||
| sanjeev021 | 0 | 6,513,701,491 | 3.2% | ||
| marianaemilia | 0 | 100,094,369,435 | 15% | ||
| nureza | 0 | 916,971,252 | 10% | ||
| svirus | 0 | 13,432,784,474 | 100% | ||
| nworb | 0 | 6,024,238,896 | 10% | ||
| david.dicotomia | 0 | 1,120,095,220 | 10% | ||
| solaiman | 0 | 4,327,108,020 | 10% | ||
| unitqm | 0 | 656,782,287 | 5% | ||
| brucutu | 0 | 8,598,549,056 | 10% | ||
| khan.dayyanz | 0 | 6,492,249,381 | 5% | ||
| ferrate | 0 | 7,717,312,442 | 10% | ||
| bittrio | 0 | 3,548,236,867 | 10% | ||
| jacuzzi | 0 | 11,424,957,520 | 3.75% | ||
| steemturbo | 0 | 1,060,762,503 | 10% | ||
| detour | 0 | 5,181,152,003 | 100% | ||
| cryptovues | 0 | 5,470,007,165 | 10% | ||
| gomster | 0 | 784,172,047 | 7.5% | ||
| e-r-k-a-n | 0 | 8,636,873,572 | 10% | ||
| a1004 | 0 | 1,430,122,095 | 100% | ||
| ctime | 0 | 11,536,730,227 | 2.5% | ||
| brada2550 | 0 | 548,419,062 | 10% | ||
| paleotwist | 0 | 2,653,166,566 | 10% | ||
| zellypearl | 0 | 6,429,791,912 | 10% | ||
| hans001 | 0 | 920,119,493 | 10% | ||
| mister-eagle | 0 | 884,556,609 | 100% | ||
| jlordz | 0 | 624,080,531 | 32% | ||
| c4cristi3 | 0 | 4,293,198,288 | 10% | ||
| foreversteem | 0 | 808,208,434 | 10% | ||
| ano123 | 0 | 70,717,307,095 | 10% | ||
| q-news | 0 | 743,254,449 | 10% | ||
| jamys | 0 | 512,139,723 | 100% | ||
| coreyssteemit77 | 0 | 1,084,024,498 | 10% | ||
| backscratcher | 0 | 4,448,868,096 | 10% | ||
| curtley | 0 | 506,861,118 | 100% | ||
| x-tech | 0 | 13,209,305,037 | 10% | ||
| eliptic | 0 | 552,556,473 | 100% | ||
| qaap | 0 | 545,123,786 | 100% | ||
| moro1992 | 0 | 730,622,533 | 10% | ||
| xyzxyz | 0 | 4,567,630,541 | 10% | ||
| evanstinger | 0 | 4,104,105,176 | 10% | ||
| aekraj | 0 | 9,926,500,645 | 10% | ||
| hamza-sheikh | 0 | 916,547,771 | 100% | ||
| h-hamilton | 0 | 2,291,121,575 | 10% | ||
| neoxiancityvb | 0 | 1,298,410,165,392 | 100% | ||
| supremebape | 0 | 19,229,876,793 | 10% | ||
| kryptoking1 | 0 | 5,442,683,159 | 10% | ||
| taskmaster4450le | 0 | 248,323,354,146 | 15% | ||
| coiotes.curator | 0 | 828,826,650 | 100% | ||
| marriakjozhegp | 0 | 1,142,757,957 | 32% | ||
| naej | 0 | 1,907,090,010 | 10% | ||
| lnakuma | 0 | 5,087,900,810 | 15% | ||
| dalz2 | 0 | 666,185,097 | 100% | ||
| photosnap | 0 | 4,907,221,324 | 10% | ||
| lbebagz | 0 | 1,129,331,807 | 10% | ||
| splinterzine | 0 | 880,012,185 | 15% | ||
| savageduels | 0 | 525,871,432 | 100% | ||
| waivio.match | 0 | 687,706,707,351 | 11.45% | ||
| bobodan | 0 | 577,237,871 | 10% | ||
| rmsadkri | 0 | 21,509,514,338 | 30% | ||
| glasscity | 0 | 280,254,584 | 11.45% | ||
| brofund-leo | 0 | 1,813,647,786 | 100% | ||
| patronpass | 0 | 6,747,505,562 | 100% | ||
| plusvault | 0 | 2,137,176,817 | 100% | ||
| craniums1 | 0 | 1,897,624,871 | 15% | ||
| zartisht | 0 | 48,437,385,461 | 10% | ||
| hivecoffee | 0 | 2,827,796,940 | 100% | ||
| neoxcur | 0 | 843,457,540 | 100% | ||
| brofund-pal | 0 | 1,365,187,545 | 100% | ||
| aceh-media | 0 | 3,084,104,578 | 10% | ||
| arrrds | 0 | 1,086,658,911 | 50% | ||
| eddie-earner | 0 | 1,058,401,606 | 15% | ||
| lbi-token | 0 | 40,527,537,978 | 15% | ||
| jmsansan.leo | 0 | 508,491,041 | 50% | ||
| sharkleo | 0 | 3,330,298,300 | 50% | ||
| carlosro | 0 | 979,440,967 | 15% | ||
| zanoz | 0 | 8,487,659,612 | 10% | ||
| brucolac | 0 | 1,183,872,938 | 4.5% | ||
| giemo | 0 | 789,194,156 | 15% | ||
| proofofbrainio | 0 | 4,288,960,321 | 2.47% | ||
| ricestrela | 0 | 3,979,733,634 | 4% | ||
| leoball | 0 | 5,861,606,885 | 100% | ||
| duwiky | 0 | 6,823,895,323 | 10% | ||
| photolovers1 | 0 | 7,328,749,555 | 20% | ||
| shiftrox | 0 | 1,238,175,911 | 6% | ||
| lon-stand-alone | 0 | 447,581,950 | 7% | ||
| jocieprosza.leo | 0 | 606,389,487 | 15% | ||
| trentonlundy1 | 0 | 2,212,185,241 | 5% | ||
| namelessnameless | 0 | 113,619,581,423 | 50% | ||
| kran45 | 0 | 602,119,481 | 100% | ||
| kran54 | 0 | 602,120,612 | 100% | ||
| cugel | 0 | 1,748,660,378 | 5% | ||
| beyondhorizonmm | 0 | 4,075,445,715 | 100% | ||
| waivio.curator | 0 | 1,204,488,450 | 2.29% | ||
| yameen-ag | 0 | 551,235,464 | 80% | ||
| behiverbee | 0 | 857,578,593 | 100% |
Wow that happened fast! How do we use it? > Token "FTM is used.. for fees." > Staking APR: 14.24% Ill stick with https://cubdefi.com Meh. For $2.19 you can buy 2.696 HIVE.
| author | hivecoffee |
|---|---|
| permlink | re-xabi-r68qfw |
| category | hive-167922 |
| json_metadata | {"tags":["hive-167922"],"app":"peakd/2022.01.1"} |
| created | 2022-01-25 00:52:45 |
| last_update | 2022-01-25 00:56:24 |
| depth | 1 |
| children | 0 |
| last_payout | 2022-02-01 00:52:45 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 175 |
| author_reputation | 18,971,969,181,881 |
| root_title | "Fantom Overtakes Binance Smart Chain to Become Third Lagest Defi Chain" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 109,825,726 |
| net_rshares | 0 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| gangstalking | 0 | 0 | 0.01% |
hiveblocks