We are starting 2022 with a new set of coins: AAVE, Compound (COMP), Decentraland (MANA), and The Sandbox (SAND). Together with our last additions of Ripple (XRP), Stellar (XLM), Dogecoin (DOGE), and Terra (LUNA), this brings our total to 22 different cryptocurrencies you can trade on Cryptal.
Our four newest coins are all ERC20 tokens. AAVE and COMP are well-known DeFi tokens that support lending protocol platforms. MANA and SAND are both metaverse assets that form the basis of virtual-world gaming platforms.
Aave (which means “ghost” in Finnish) was originally known as ETHLend when it launched in November 2017, and was renamed Aave in September 2018. It was one of the first crypto lending platforms to appear and currently has more than $12 billion in total value locked.
The Compound mainnet launched in September 2018, and has become extremely popular due to its open and flexible lending platform. It currently has more than $8 billion in total value locked.
Decentraland launched its beta in 2019, following its $24 million ICO in 2017, and opened its platform publicly in February 2020. The premise of the platform is to support content creators who are looking for a new artistic medium, opportunity, or simply entertainment.
The Sandbox was launched in 2011 by Pixowl, and was an early pioneer of blockchain-based gaming. Many big-name gaming, entertainment, and sports industry brands have lent their support to the platform, including Atari, Adidas, and Snoop Dogg.
We hope our customers will enjoy these fresh coins that shape future of blockchain and cryptocurrencies today. We will continue to expanding our coin offerings this year to bring more diversity and opportunities to our exchange.
Happy New Year and Happy Trading from Cryptal!