Defi Apps – DIGIT INFO

Consumers find more use cases onchain, devs face challenges: Solana Foundation

DIGIT — Mon, 15 Jul 2024 20:10:00 +0000

Decentralized finance is becoming more things to more people. That’s not easy to do.

Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse

DIGIT — Thu, 16 Feb 2023 17:00:34 +0000

Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido accounting […]

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Ethereum Wallet Metamask Adds Bank-to-Crypto Transfers via Sardine

DIGIT — Sun, 16 Oct 2022 09:30:13 +0000

According to a Consensys blog post published on October 11, the Ethereum-based wallet Metamask has added instant bank-to-crypto transfers via the automated clearing house (ACH) settlement merchant Sardine. Metamask Users Can Swap Fiat for Over 30 Crypto Tokens On Tuesday, the crypto firm Consensys published an announcement that explains the ETH wallet Metamask has added […]

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Microstrategy Is Seeking a Full-Time Lightning Network Engineer to Build a SaaS Platform

DIGIT — Fri, 30 Sep 2022 22:30:14 +0000

The mobile software, cloud-based services, and business intelligence (BI) firm Microstrategy is seeking a full-time Lightning Network software engineer, according to a job listing published this week. The developer, if hired, will build a Lightning Network-based software as a service (SaaS) platform for the company so it can be used for ecommerce use cases and […]

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Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy

DIGIT — Sun, 15 May 2022 14:30:51 +0000

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 […]

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dYdX releases an app: Why haven’t more DeFi protocols followed suit?

DIGIT — Wed, 11 May 2022 03:19:41 +0000

Perpetual contract trading platform dYdX has launched an app for users outside of the U.S. that will offer the same functionality as its website.

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Uniswap Launches Swap Widget — Devs Can Embed the Dex With ‘One Line of Code’

DIGIT — Fri, 15 Apr 2022 21:30:07 +0000

On Thursday, Uniswap Labs, the company behind the popular decentralized finance (defi) protocol, Uniswap, launched a tool called the Swap Widget. Essentially, the widget allows developers and decentralized app (dapp) operators to embed the Uniswap decentralized exchange (dex) app with “one line of code.” Software Engineers Can Now Embed Uniswap Swapping Functionality Into Web3 Dapps […]

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Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days

DIGIT — Mon, 11 Apr 2022 18:19:40 +0000

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 […]

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Total Value Locked in Defi Nears Lifetime High, Ethereum’s TVL Dominates by 54%

DIGIT — Sun, 03 Apr 2022 16:30:12 +0000

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 […]

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Solana-Based Defi Margin Trading Protocol Raises $3 Million in Seed Funding

DIGIT — Thu, 24 Feb 2022 09:00:47 +0000

On Wednesday, the team behind Solana-based decentralized finance (defi) margin protocol Marginfi, announced Mrgn Labs has raised $3 million in seed funding from investors. With the recently acquired funds, Marginfi aims to build the first cross-margining engine on the Solana blockchain. Mrgn Labs Gets $3 Million in Funding From Strategic Investors Mrgn Labs has revealed […]

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