November is here, but Avalanche (
@avax) $AVAX has already had a busy run of ecosystem developments.
From record onchain credit to institutional adoption and growing DeFi deposits, the network has seen several notable updates.
Here are some of the key developments:
[Oct 8] Onchain credit on Avalanche hit a record $37.4 million in Q3.
[Oct 14] Dubai DIFC Courts began issuing court documents powered by Avalanche.
[Oct 19] Global asset manager Janus Henderson joined Avalanche as a validator.
[Oct 28] Tranche Vault on Avalanche suffered an exploit, with 1.01 million USDC drained.
[Nov 2] Avalanche reported that Aave V4 deposits reached an all-time high of $125 million.