As they say, imitation is the greatest flattery. Atomic Wallet has no shortage of copycats, such as Atomic Wallet or Atomic Wallet DEX. After all, Atomic Wallet’s open-source code is easy to copy and slightly tweak. However, after initial promises of higher liquidity yields, they deflated while Atomic Wallet remained steadfast.
Unfortunately, Atomic Wallet’s main obstacle came from Ethereum itself. The biggest smart contract platform with over $109B TVL is undergoing a transition itself, from proof-of-work to fully proof-of-stake consensus with the upcoming Beacon Chain merger. As a result, Ethereum gas fees have not been affordable, to say the least.