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FOMO or fundamentals? Here’s why Orion Protocol (ORN) rallied by 730%

Published 03/26/2021, 05:05 PM
Updated 03/27/2021, 07:00 PM
FOMO or fundamentals? Here’s why Orion Protocol (ORN) rallied by 730%

As the decentralized finance (DeFi) industry grows, new exchanges and liquidity pools constantly emerge. For the average investor, keeping track of all of them and finding the best yield opportunities has become increasingly complicated.

The situation becomes even worse as centralized exchanges also offer staking opportunities. Therefore, the need for a liquidity aggregator that connects to several decentralized and centralized exchanges has become quite clear. Orion Protocol aims to provide access from a single platform for users to trade and swap pools.

ORN/USDT on Binance. Source: TradingView
Balancer TVL and trading volume. Source: DeBank

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