As Multichain (MULTI) Wobbles, Some Fantom (FTM)-Primarily based DeFi Initiatives Flee Bridged Tokens

On Wednesday, the decentralized change (DEX) Beethoven X despatched $300,000 in treasury stablecoins from Fantom to Ethereum; protocol builder Byte Masons did the identical with ether (ETH) and USD coin (USDC) it utilized in buying and selling swimming pools. Earlier this week, DeFi yield farm Beefy despatched $200,000 in tokens owned by Binance from Fantom to BSC on the request of the world’s largest change.