SX #45 - Reviewing 2022
Looking back at another year of big growth in the SX ecosystem!
🚀 Reviewing the growth of SX in 2022!
SX recently published their 2022 year in review article!
There’s been incredible growth in the SX Network ecosystem over the last year with dozens of new partnerships — from bridges to custody solutions to infrastructure integrations.
In 2022, the SX protocol saw volume of just under $180m. This was SX’s biggest year ever and represented roughly 2x growth on 2021.
To date, SX has enabled over $280 million in total bets from thousands of users across the SX Network ecosystem!
There were a number of big technology and business-related developments that helped spur this big year. Some of them include:
🚀 Launch of SX Bet on SX Network: On August 30th, SX Bet officially migrated to SX Network. Users saw immediate improvements in performance and speed with SX Bet on its own chain. Gas fees on SX Network are 99% lower than Polygon PoS, and all transaction fees now become revenue for SX Network.
🔬 New SX Technology: This included things like asymmetric maker-taker fees, the SX analytics page, the launch of the SX odds ladder, number of improvements to the SX Bet user interface, and completely new technologies like the SX Network block explorer, SX bridge page, and much, much more!
🤝 New Integrations: These included things like the Celer cBridge going live on SX Network, Fireblocks adding support for SX, API3 launching on SX Network, a number of partnerships with NFT communities, new prediction markets on SX, the launch of the SX Grants program, and much, much more.
SX has some big plans for 2023 and beyond. To learn more, check out some of the roadmaps that have been published over the last year, including:
Don’t forget to join the official SX Network Discord server, where you can chat with the SX community and learn more about all of the exciting things happening in the ecosystem!
About SX Network
SX Network combines smart contracts with an on-chain treasury and prediction market protocol. SX Network is perfect for developers with EVM-compatibility, low-cost transactions, and PoS-based consensus. SX Bet is the largest blockchain betting platform in the world, with over $280,000,000 in betting volume since inception.