Binance recovers the majority of funds stolen from Curve Finance
Binance recovered and froze around $450,000 worth of the stolen assets, which is around 80 percent of the stolen funds. Go to Source Powered by WPeMatico
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Curve Finance exploit: Experts dissect what went wrong
Attackers that hijacked Curve Finance’s landing page moved quickly to convert stolen funds to various tokens through different exchanges, wallets and mixers. Go to Source Powered by WPeMatico
Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy
The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the total value locked (TVL) in defi has plummeted from $231 billion to today’s $112.29 billion, losing 51.38% in 42 days. Defi TVL Plunges More Than … Read more
Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days
The value locked in decentralized finance (defi) protocols has lost 17.77% over the last 30 days, falling from $221.67 billion to today’s $182.27 billion. Moreover, statistics show the total value locked (TVL) across a broad range of defi protocols shed significant value during the last seven days. Defi Protocols Shed Considerable Value Decentralized finance (defi) … Read more
Metrics Show Decentralized Exchange Volumes Continue to Slide This Year
Decentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in February. Despite the brief spike and with only eight days left in April, metrics show this month’s dex volumes will likely be much lower than in March. … Read more
$19.2 Billion in Staked Assets — Liquid Staking Solution Lido Set to Surpass Curve’s TVL
While the total value locked (TVL) in decentralized finance (defi) hovers just above the $214 billion mark, a defi protocol called Lido has been moving closer toward taking Curve’s top spot in terms of TVL in a defi protocol. Currently, the liquid staking solution Lido has $19.2 billion in staking assets derived from five different … Read more
Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days
Over the last six days, the total value locked (TVL) in decentralized finance (defi) has dropped 9.21% from a high of $232.88 billion on April 5, to today’s $211.43 billion. The value locked in defi protocols shed 4.40% of that value during the last 24 hours. Value Locked in Defi Shudders This Week While the … Read more
Total Value Locked in Defi Nears Lifetime High, Ethereum’s TVL Dominates by 54%
On Sunday, April 3, the total value locked (TVL) in decentralized finance (defi) has risen to $231 billion. The TVL is nearing the all-time high (ATH) of $256 billion recorded on December 2, 2021, as it’s only 10.82% under the TVL’s ATH. Additionally, while Curve Finance continues to dominate in terms of TVL, the defi … Read more
Users flock to Curve amid lack of stablecoin liquidity on major DEXs
A concentration of stablecoins on a handful of platforms has drained liquidity from others. Go to Source Powered by WPeMatico
Report: Decentralized Exchange Volume Surpasses $1 Trillion in 2021, Uniswap Leads the Pack
Decentralized exchange (dex) volumes have become very prominent this year and some dex applications have been dealing with volumes that are sizable to large centralized crypto exchanges. During the last seven days, Ethereum-based dex platforms processed $21 billion with Uniswap capturing 71% of all the Ethereum-based dex applications today. Statistics from a report published by … Read more