Loom Hits $50M in Swaps—While Still in Beta (Wall Street’s Beta Testers, Take Notes)
Defying the 'wait for v1.0' crowd, Loom's beta platform just crossed $50M in swaps—proving crypto moves faster than your average bank's software update cycle.
Beta? More like 'better-than-your-legacy-system.' While TradFi struggles with patch notes, DeFi protocols like Loom are quietly eating their lunch—one unstoppable smart contract at a time.
Let's see Jamie Dimon hit these numbers with a 'minimum viable product.' Spoiler: He won't.
About Loom
Loom is a token swapping platform specializing in non-custodial cross-chain swaps and privacy solutions. The platform launched in January 2025 in its beta version and progressed to surpass $50 million in total volume swapped by July. The platform is gradually building a solid reputation as a secure, privacy-first, token-swapping service that supports a wide range of networks and tokens. Its no-KYC policy and low, transparent fees are among the other perks that consistently attract new users.
Visit the Loom website for more information on the platform and its services.
Join the conversation on Loom’s social media channels: X and Telegram.