The TVL of ShibaSwap has more than doubled since November, increasing from $17 million to $36.5 million. There have been multiple developments in its ecosystem.

DeFi platform ShibaSwap has seen a massive boost in its TVL since November 2022, with the figure doubling from $17 million to $36.5 million. The increase is a surprise, given that the crypto market has experienced a massive crash due to the FTX collapse.

(By Rahul Nambiampurath)