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Arrakis Finance – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 08 Jun 2022 13:00:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Arrakis Finance – DIGIT INFO https://www.digit.info 32 32 While DeFi Total Value Locked Fell by 51% Since the End of Q1, Arrakis Finance Amassed $1 Billion TVL https://www.digit.info/while-defi-total-value-locked-fell-by-51-since-the-end-of-q1-arrakis-finance-amassed-1-billion-tvl/ Wed, 08 Jun 2022 13:00:39 +0000 https://www.digit.info/2022/06/08/while-defi-total-value-locked-fell-by-51-since-the-end-of-q1-arrakis-finance-amassed-1-billion-tvl/ Read more]]> PRESS RELEASE. Zug, June 08, 2022 — As markets continue to tumble, Arrakis Finance, a yet relatively unknown & tokenless project, just reached a new milestone — a total value locked of $1 billion. DeFi TVL overall fell from $224B on April 1 to $109B on May 30, dipping by 51%. While nearly all major […]

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Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower Positions https://www.digit.info/terra-fiasco-stirs-value-locked-in-defi-lido-anchor-plummet-to-lower-positions/ Wed, 11 May 2022 17:30:52 +0000 https://www.digit.info/2022/05/11/terra-fiasco-stirs-value-locked-in-defi-lido-anchor-plummet-to-lower-positions/ Read more]]> Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower PositionsDecentralized finance (defi) protocols are having a hard time weathering the storm, as the total value locked in defi today is down 39.26% since April 3, from $230.18 billion to the current $139.81 billion. The sudden value drop stemming from Terra’s native assets, LUNA and UST, has pushed Lido down to the third-largest TVL position […]

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