Echo Protocol surges 138% in 24 hours, hitting a new all-time high

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According to market data from Foresight News, the BTCFi protocol Echo Protocol reached a historical high of $0.082771 in the past 24 hours, with a daily trading volume of $22.47 million and a surge of 138%.

Echo Protocol is a BTCFi infrastructure platform deployed on the Aptos chain, with its core product aBTC aggregating nearly 70% of BTC liquidity on-chain. Currently, the protocol's total value locked (TVL) has exceeded $600 million.

In terms of rights, ECHO holders can participate in governance through staking and share the actual income generated by the protocol, including cross-chain fees, lending interest, and profit sharing from yield strategies, with plans to launch a ve model in the future.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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