Cointelegraph Consulting: DeFi hit by a tsunami of liquidations in May
The DeFi space crashed along with the rest of the market on May 19, but the liquidations mechanisms passed the biggest stress test. Go to Source Powered by WPeMatico
Aave
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Funds locked in Aave soar past $20 billion amid layer-two embrace
Aave’s TVL has soared past $20 billion, with one-third of capital coming from its deployment on layer-two, Polygon. Go to Source Powered by WPeMatico
Top 5 cryptocurrencies to watch this week: BTC, MATIC, EOS, XMR, AAVE
MATIC, EOS, XMR and AAVE could rally higher over the coming days if Bitcoin price can sustain within the $30,000 to $33,000 support zone. Go to Source Powered by WPeMatico
Analyst says DeFi and stablecoins held up well as crypto markets imploded
DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption. Go to Source Powered by WPeMatico
Negative funding rates incentivize traders to long Polygon (MATIC) and AAVE
The funding rate for MATIC and AAVE is currently rewarding traders who are leveraged longs, but it might not last for long. Go to Source Powered by WPeMatico
Cointelegraph Consulting: DeFi projects launch on Polygon, usage skyrockets
Strolling through the numbers of the Aave and 1inch versions on Polygon as the network gains its momentum. Go to Source Powered by WPeMatico
Total crypto market cap gains $400B as DeFi tokens lead the recovery
Bitcoin’s move back to $38,000 triggered strong relief rallies in DeFi tokens and a handful of altcoins. Go to Source Powered by WPeMatico
DeFi token prices obliterated as Bitcoin sell-off knocks TVL under $100B
DeFi darlings and blue-chip token values fall more than 60% as the crypto market sell-off pushes the total TVL below $100 billion. Go to Source Powered by WPeMatico
Finance Redefined: Fundamentals, not FUD! May 12-19
Synthetix launches THREE new tokens, and multiple projects tweak their tokenomics in this week’s Finance Redefined. Go to Source Powered by WPeMatico
Altcoins notch double-digit gains even as Bitcoin price falls to $42,500
Altcoins took the reins and galloped higher while bulls appear to be losing the battle to hold Bitcoin price above $43,000. Go to Source Powered by WPeMatico
