Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%

Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today is Makerdao, leading […]

Go to Source

Powered by WPeMatico

Relatively Unknown Protocols Push TVL in Defi Above the $200 Billion Range

On February 15, the total value locked (TVL) in decentralized finance (defi) platforms is just above the $200 billion range, after a brief slump below that region last week. Out of the entire TVL in defi today, Ethereum commands 59.22% of that value with 532 defi protocols. Metrics during the last seven days show a […]

Go to Source

Powered by WPeMatico

El Salvador Plans to Offer Crypto Loans to Small-Scale Entrepreneurs

el salvadorThe government of El Salvador will offer cryptocurrency-based loans to small companies. Conamype, the National Commission for Micro and Small Enterprises, will be the link between the investors and a decentralized finance protocol called Acumen, that will be able to provide funding in stablecoins. The aim being to help small investors that have no credit […]

Go to Source

Powered by WPeMatico