LINKSWAP, a decentralized exchange (DEX) on Ethereum (ETH) has become the eighth-largest DEX by total value locked (TVL) on Dec. 14, a week after its launch. YFL, the governance token of the DEX, has also started to recover in the past week.
There are several key reasons behind the growing momentum of LINKSWAP: staking, highly-anticipated launch, the uptrend of Ethereum, and the decentralized finance (DEFI) market’s overall recovery.