Justlend – DIGIT INFO

Tron replaces oracle provider with Chainlink

DIGIT — Thu, 31 Oct 2024 09:51:24 +0000

Tron DAO said in an announcement that DeFi applications JustLend and JustStable — with over $6.5 billion in TVL — will use Chainlink’s data feeds.

Go to Source

SOL struggles to reclaim $145, but Solana network fundamentals remain solid

DIGIT — Fri, 12 Jul 2024 21:43:52 +0000

Solana’s onchain and derivatives metrics show no signs of stress, possibly paving the way for a rally to $160.

Go to Source

Tron network deposits drop to 6-month low as TRX price rallies — Trouble in paradise?

DIGIT — Thu, 27 Jun 2024 18:49:16 +0000

Tron’s total value locked (TVL) plummeted to a six-month low of $7.6 billion as TRX price rallied. Cointelegraph investigates.

Go to Source

Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March

DIGIT — Sun, 02 Apr 2023 15:00:48 +0000

The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit monthly gains. After the […]

Go to Source

Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark

DIGIT — Sat, 25 Feb 2023 17:00:28 +0000

The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that same […]

Go to Source

Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months

DIGIT — Tue, 17 Jan 2023 18:30:53 +0000

Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit from arbitrage. In the lending sector of defi, a lot has changed during the last 12 months as lending applications like […]

Go to Source

Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed

DIGIT — Mon, 12 Dec 2022 18:30:05 +0000

On December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion. Moreover, during the past 12 months, the TVL in defi dropped 82.56% from roughly $239 billion in Dec. 2021, to today’s aggregate. Smart Contract Token […]

Go to Source

Value Locked in Defi Loses $5.7 Billion in 5 Days, Smart Contract Tokens Shed 7.8% in 24 Hours

DIGIT — Fri, 19 Aug 2022 14:00:35 +0000

The total value locked (TVL) in decentralized finance (defi) has slid 8.53% over the last five days since August 14, 2022. At the time, the TVL was $67.87 billion but today, the value locked in defi is approximately $62.08 billion. Moreover, the top smart contract platform tokens by market valuation today are worth $372 billion, […]

Go to Source

Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token

DIGIT — Tue, 14 Jun 2022 14:30:18 +0000

Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a small amount of instability continues to plague the fiat-pegged token. The dip to $0.97 follows Monday’s deviation from the parity and comes after the Tron […]

Go to Source

Tron Now Commands the Third-Largest TVL in Defi — Network’s Stablecoin USDD Confronted by Skepticism

DIGIT — Mon, 30 May 2022 20:00:46 +0000

This week the Tron blockchain has become the third-largest network in terms of total value locked (TVL) in decentralized finance (defi) protocols. Interestingly, 48.19% of the TVL is held by the defi protocol Justlend, an application that’s similar to Anchor Protocol as it offers more than 20% APY for USDD deposits. Amid Tron’s TVL rising, […]

Go to Source