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While crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week. Statistics show that the total-value locked (TVL) in defi touched $87 billion on May 11, and since then the aggregate total has slid to $66 billion in value. Weekly […]Powered by WPeMatico
Roughly 28 months ago, the decentralized exchange (dex) Uniswap version one (v1) was released and then in May 2020, version two was launched with new features. The dex is by far the largest decentralized trading platform among its competitors, as the exchange swapped $7.1 billion during the last seven days. On March 23, Uniswap launched […]Powered by WPeMatico
DEX trading volumes on Ethereum hit $63 billion in January, smashing the sector’s previous record of $28 billion.
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Yearn Finance’s native token YFI has been seeing significant capitulation as the price has dropped from an all-time high (ATH) of $43k in mid-September to today’s $13,875 USD value. Despite the -67.7% loss since the token’s ATH, the Yearn Finance project still has around $624 million total value locked into the platform. Yearn Finance and […]
The post Yearn Finance Token Value Slides 67%, While Locked Value Loses Over $300M appeared first on Bitcoin News.
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APY.Finance is the latest DeFi protocol to explode in popularity, locking more than $67 million of stablecoins in the first hour of launching its mining program.
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The vast majority of DeFi projects still have the ability to enter ‘God Mode’ and unilaterally make changes to pretty much everything.
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A new Coingecko survey has found that a large number of yield farmers do not know how to read smart contracts despite claiming they understand the risks that come with such investments. According to the survey, which polled 1,347 people, around 40% of decentralized finance (defi) users cannot comprehend the smart contracts they use for […]
The post Survey: Large Number of Yield Farmers Can’t Read Smart Contracts Despite High Risk appeared first on Bitcoin News.
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,The total-value locked (TVL) in decentralized finance (defi) economy has recaptured much of the value lost during the Sushiswap fiasco last week. At the time, the defi TVL tumbled down to $6.8 billion from the $9.6 billion high on September 8, suffering a loss of close to -29%. Since then, however, the rise northbound has […]
The post Defi Economy Rebounds: Total-Value Locked Jumps 28% Capturing Close to $9B appeared first on Bitcoin News.
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Despite the recent mini price crash, DeFi users have injected more than 20,000 Bitcoin into DeFi projects in the last week, suggesting the DeFi bull run isn’t over.
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In an industry built around digital scarcity, opinions are in plentiful supply. Everyone’s got one, and they’d love to share it with the rest of the cryptosphere. As the decade draws to a close and another prepares to launch, it’s the perfect time to consider what 2020 has in store. Here’s what thought leaders, professionals, […]
The post Crypto Experts Give Their Top Predictions for 2020 appeared first on Bitcoin News.
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