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Competition For Uniswap On The Horizon, As Elluminex Announces Cross-Chain Exchange For TON

Competition For Uniswap On The Horizon, As Elluminex Announces Cross-Chain Exchange For TON

The decentralized exchange market is about to welcome a highly capable contender. This new entrant is already being referred to as the best DeFi protocol to grace the TON blockchain and also poses a great challenge to the likes of Uniswap (UNI).

Considering its robust ecosystem features, the new platform– Elluminex, is poised to attract significant investors’ interest in its upcoming presale. As it utilizes advanced technology to bring DeFi participants to over 950 million users, investors who get into its presale early are bound to reap massive ROIs due to its strong growth potential on the TON blockchain.

Elluminex Offers Fast, Secure, And Scalable Cross-Chain Operability With Extra Benefits

In the first quarter of 2024, the TVL in all DeFi protocols increased by 169%, which shows the substantial growth of the DeFi market. However, in 2025, there is bound to be much higher growth, due to the contribution of new and unique DEX protocols like Elluminex (ELX). This new project particularly functions as an all-in-one DeFi platform with multifaceted features that are poised to attract massive attention to its ecosystem.  

In its fully decentralized ecosystem, users are ushered into a secure and user-friendly network that offers cross-chain bridging, DEX platform, and crypto asset management with the help of artificial intelligence (AI) alongside token-earning models. One of the huge advantages that Elluminex offers is a wide array of assets to exchange across different networks without having to leave the platform. As such, the platform offers minimum slippage and a low cost that puts it on the path to receiving massive adoption.

Meanwhile, aside from connecting isolated blockchains to enhance its interoperability across multi-chains, Elluminex makes sure that its users can benefit. Showing its commitment to lucrative opportunities, Elluminex allows its users to earn tokens through staking and farming models. This platform also gives early access to new TON project tokens on its platform so they can start investing in them before they list on other exchange platforms.

Elluminex To Be A Strong Challenger To Uniswap, Others 

Uniswap exchange has fully utilized the DeFi potential of the Ethereum network. On the other hand, Elluminex is lucky to have the TON blockchain as its foundational network, whose DeFi potential is still unrealized. Although known for wide community engagement due to its affiliation with Telegram, TON’s fast-growing network has still been fully utilized in the decentralized finance market. But, all of that is changing with the advent of Elluminex (ELX).

No doubt, Uniswap still functions as a massive exchange powerhouse, with an impressive record of playing a vital role in the Ethereum token’s send-off from $200 to over $1000 in 2020. But Elluminex is poised for greater impact on the DeFi market and most especially on the TON network. Its advanced order types and high liquidity when using its DEX, coupled with its integration of AI to help its users stay on track with market updates is seen as a strength of its dominating strength. 

Furthermore, Elluminex is set to launch its presale very soon, where it will sell its native token, $ELX, for an ample price, allowing early access to its network. This native token stands as more than just its utility token to facilitate DEX transactions, but also serves as a viable long-term profitable coin due to its deflationary nature. To be precise, the 350 million supply of its ELX token is slated to go through a token burn mechanism which is designed to both decline its supply and thereby increase its scarcity and the value of the token. 

How Much Of A Good Investment Is Elluminex Coin (ELX) Compared to Uniswap Token?

Because of its deflationary mechanism, the Elluminex coin, ELX, stands as a very good investment compared to the Uniswap token. This deflationary nature makes sure that as the token supply reduces, demand for it rises, thereby attracting more value to it. So, despite the natural price positivity that the ELX token will attract due to its good foundation on the TON blockchain and as a new token, it is still bound to appreciate further over time.

For more information about Elluminex (ELX) visit the links below:

Website:
 https://elluminex.com/

Twitter/X: https://x.com/elluminex

Telegram: https://t.me/Elluminex

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