Protocols – DIGIT INFO

Ethereum Still Holds the Lion’s Share of Defi TVL as Tron and Solana Rise

DIGIT — Mon, 02 Sep 2024 16:20:35 +0000

Currently, the total value locked (TVL) in decentralized finance (defi) stands at $82.2 billion, with Ethereum hosting a commanding 57.24% of that amount. Hot on its heels, Tron and Solana take the second and third spots for the largest TVLs today. Ethereum Reigns Supreme in Defi With 57% of Total Value Locked Despite ethereum (ETH) […]

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RWA protocols are closing in on $8B total value locked: Messari

DIGIT — Wed, 01 May 2024 04:46:02 +0000

The TVL across real-world asset tokenization protocols has surged almost 60% since February, says blockchain analytics firm Messari.

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What is the difference between DApps and protocols?

DIGIT — Sat, 22 Jul 2023 11:07:00 +0000

Discover the contrasting functions of DApps and protocols in the blockchain world, and gain insights into how they contribute to the growth of decentralized technologies.

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Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump

DIGIT — Wed, 19 Apr 2023 09:04:56 +0000

It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added to liquid staking protocols. Just […]

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Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain

DIGIT — Wed, 22 Mar 2023 20:00:25 +0000

The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past 24 hours.
Defi Value Swells Close to 2% Higher to Over $50 Billion
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Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market

DIGIT — Tue, 07 Feb 2023 15:00:54 +0000

As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked (TVL) out of the 6.87 million ether held by the 11 liquid staking […]

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Artificial Intelligence and Cryptocurrency: The Rise of AI-Focused Projects in 2023

DIGIT — Sun, 29 Jan 2023 23:04:51 +0000

Trends show that artificial intelligence (AI) will be a major topic in 2023, as data indicates a surge in interest. Since interest peaked and Microsoft invested billions into Chatgpt, demand for AI-focused cryptocurrency projects has risen dramatically. For example, the crypto project Fetch.ai has seen its native token FET rise 212% in the past 30 […]

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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 […]

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Metamask Launches Ethereum Staking Services via Lido and Rocketpool

DIGIT — Fri, 13 Jan 2023 23:30:54 +0000

On Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum staking features will be made available via Lido’s or Rocketpool’s liquid staking services. Users who want to stake ethereum and earn staking rewards can select one of the staking providers within the Metamask Web3 wallet’s […]

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Automation opens up pathway to a simplified, more user-friendly DeFi

DIGIT — Sat, 05 Nov 2022 11:00:00 +0000

Hunting for the best opportunities in the world of DeFi is often time consuming. But automation is changing that.

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