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

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

Ronin Bridge has been the most used Ethereum bridge in the last 30 days, recording over $7.5 billion in volume.

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

Cover art/illustration via CryptoSlate

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).

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