defi

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DAI Leads Stablecoin Volumes As DeFi Signals Potential For New Growth Phase

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Stablecoin on-chain volumes saw significant movement on November 4th, with $DAI taking the lead at $22.4 billion—surpassing $USDC’s $9.37 billion and $USDT’s $7.39 billion. This impressive volume suggests a possible rise in DeFi activity or an emerging shift in user preference toward decentralized assets like DAI. In contrast, USDC and USDT held steady, reinforcing their … Read more

Defi Nears $100 Billion Milestone as Crypto Market Heats Up

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According to the latest data, the crypto economy’s 2.45% climb over the last day is pushing the total value locked in decentralized finance (defi) protocols tantalizingly close to a $100 billion milestone. $100 Billion in Sight in the Wide World of Defi Protocols As of 11 a.m. Eastern Time (ET) on Thursday, the total value … Read more

Polymarket vs. Polls: Trump’s Victory Vindicates Prediction Markets

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Haseeb Qureshi, managing partner at the VC crypto fund Dragonfly, believes that prediction markets like Polymarket have been vindicated after facing accusations of bias in anticipation of the U.S. election. Qureshi highlights that for-profit market makers are driven by potential earnings, giving them an edge over polls and media, which can be manipulated. ‘Poly-poll’ or … Read more