Ferro

Dexes

Ferro Protocol Review

Ferro Protocol, launched in June 2022 on the Cronos blockchain, is a decentralized exchange (DEX) designed for seamless stablecoin swaps, offering low slippage and fees. Developed with support from Cronos Labs, Ferro quickly gained a place in the DeFi community by providing an efficient, user-friendly experience. Initially supporting stablecoins like USDT, USDC, and DAI, the platform enables users to engage in low-cost swaps, stake assets, and earn through liquidity provision. Its native token, FER, can be converted to xFER, giving users more options to boost their returns. With a roadmap that includes advanced yield-boosted pools and expanding token options, Ferro remains focused on liquidity efficiency and user experience.

$20 618 190

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Ferro offers

USDT

USDC

5.46%

Status

Available

Flexible

$14 382 794

Cronos

USDT

USDC

DAI

9.5%

Status

Available

Flexible

$264 045

Cronos

Coin

Action

USDT

USDC

5.46%

Flexible

$14 382 794

Cronos

USDT

USDC

DAI

9.5%

Flexible

$264 045

Cronos

Crypto earn alerts on Ferro

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For Ferro, you can easily track new earning opportunities, monitor APY changes for specific offers, and receive notifications when you can start earning interest on a particular cryptocurrency. Setting up an alert helps you stay informed about the best earning opportunities on Ferro.

Earning crypto on Ferro

Protocols and dApps offer various options to earn crypto, like lending or participating in liquidity pools. With Criffy, you can easily track five different earning options from Ferro. Check the table above for all the details.

Current TVL of the Ferro protocol

The Ferro protocol's Total Value Locked (TVL) is currently $20 618 190. TVL is a helpful metric in DeFi, showing the total assets users have deposited into a protocol’s smart contracts. It gives a snapshot of liquidity and the level of trust from the community, helping to show how much value a platform like Ferro is holding.

Ferro protocol type

Ferro is a decentralized exchange (DEX) designed to simplify crypto trading directly from users' wallets. It operates on automated market maker (AMM) technology, enabling secure, direct transactions between users without a central authority. This setup ensures transparency, keeps fees lower, and allows users to manage their assets independently. Whether you’re trading or providing liquidity, Ferro offers a reliable and accessible option in the decentralized trading space.

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