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According to defillama data, Pulse Chain has TVL over $440 million, making it the 8th largest chain just behind Avalanche and Optimism in terms of TVL. The chain has only one application, a native DEX called PulseX.
It is worth recalling that the PulseChain blockchain and its native DeFi swap PulseX went live on Saturday, May 13, 2023. The native swap application PulseX allows users to exchange tokens on PulseChain for one another. So, in less than 10 days of its launch, PulseChain has been able to claim a spot in the top 8.
Pulsechain is a Ethereum fork, with delegated proof of stake validators, no mining, no inflation, fee-burning block chain.
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