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
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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
DeFi token CRV spikes after reports PayPal acquired unrelated custody firm Curv
Curve Finance is up nearly 30% in 24 hours after traders rallied into the wrong market in response to news that PayPal may have acquired the crypto custodian, Curv. Go to Source Powered by WPeMatico
Curve Finance coming to Equilibrium’s Polkadot parachain
Decentralized finance exchange platform Curve Finance will soon be implemented on Equilibrium’s Polkadot parachain. Go to Source Powered by WPeMatico
Ethereum Transaction Fees Fall 82%, as Defi Hype Eases
The average cost of sending a transaction over the Ethereum blockchain has fallen by 82% from a September 2 peak of $11.61, down to $2.09 as of October 4. The decline may be the result of a slow down in the hype around decentralized finance (defi) protocols. According to data from Glassnode, ethereum (ETH) miners … Read more