Solana DEX raises $18M Series A from Three Arrows Capital, Coinbase Ventures
Several prominent investors took part in the Orca fundraiser, including Three Arrows Capital, Polychain and Coinbase Ventures. Go to Source Powered by WPeMatico
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SushiSwap leads DEX token gains as SUSHI price rises by 23% in 24 hours
SUSHI price reached its best level in four months while its top rivals Uniswap, THORChain, and PancakeSwap also saw gains. Go to Source Powered by WPeMatico
Uniswap (UNI) price jumps by 15% in DeFi, cryptocurrency market rebound
The jump in UNI/USD rates has quickly met with sellers at local top levels. Go to Source Powered by WPeMatico
Three reasons why the price of Elrond (EGLD) is hitting new daily highs
An expanding ecosystem and the full launch of Elrond’s DeFi capabilities back EGLD’s rally above $300. Go to Source Powered by WPeMatico
Derivatives exchange dTrade raises $22.8M for market makers
The Polkadot-centric exchange allows users to trade perpetual swaps and options with on-chain settlement. Go to Source Powered by WPeMatico
Balancer Protocol Reveals Partnership With Wallstreetbets Defi Project Wsbdapp
On Wednesday, the programmable liquidity platform Balancer Protocol announced the project has partnered with the Wallstreetbets defi project Wsbdapp. The announcement details that the two projects will collaborate in order to launch Wsbdapp’s exchange-traded portfolios (ETPs) on Balancer V2. Balancer Protocol and Wallstreetbets’ Defi Project Partner to Launch Exchange-Traded Portfolios Last week, Bitcoin.com News reported … Read more
dYdX exchange releases governance token, making its airdrop worth up to $100K
The DYDX governance token becomes the latest airdrop to surpass $100,000 for the most active users, and the DEX’s transaction volumes highlight the rising popularity of layer-2 platforms. Go to Source Powered by WPeMatico
Meet the First BCH Dex Built on Smartbch — Benswap.cash Presents High-Yield Liquidity Pools, Noncustodial Swaps
Decentralized finance (defi) has set a trend during the latter half of 2020 and into this year, as statistics show $168 billion is locked in defi across various blockchains. The Bitcoin Cash network now has the Smartbch protocol and in recent times, a decentralized exchange (dex) platform has joined the defi fray. The newly launched … Read more
Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam
At the time of writing, the total value locked (TVL) in decentralized finance (defi) is around $176 billion across various blockchains like Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While Ethereum commands $130 billion of the aggregate total locked, a myriad of other defi-fueled blockchains continue to see TVLs steadily rise. Total Value Locked Across … Read more
Altcoin Roundup: Time to rotate! Data suggests traders are shifting from NFTs to DeFi
Timing the market is near impossible, but these five metrics can help traders identify when a sector rotation is underway. Go to Source Powered by WPeMatico
