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

Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX CollapseCrypto 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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Report: Decentralized Exchange Volume Surpasses $1 Trillion in 2021, Uniswap Leads the Pack

Report: Decentralized Exchange Volume Surpasses $1 Trillion in 2021, Uniswap Leads the PackDecentralized exchange (dex) volumes have become very prominent this year and some dex applications have been dealing with volumes that are sizable to large centralized crypto exchanges. During the last seven days, Ethereum-based dex platforms processed $21 billion with Uniswap capturing 71% of all the Ethereum-based dex applications today. Statistics from a report published by […]

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Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets

Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto MarketsCryptocurrency markets have started to recuperate from last week’s losses as bitcoin, ethereum, and a slew of digital assets have seen slight gains. However, the cryptocurrency avalanche has seen its value skyrocket this past week 46.9% higher over the last seven days. Avalanche has also crept into the top ten digital asset market valuations with […]

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Games Coins, Defi Tokens, Metaverse Assets Rise Above Market Downturn With Double-Digit Gains

Games Coins, Defi Tokens, Metaverse Assets Rise Above Market Downturn With Double-Digit GainsWhile digital currencies like bitcoin and ethereum lost roughly 10% in value during the last seven days, the decentralized finance (defi) economy has weathered the storm better than the top two leading crypto assets. A slew of blockchain games coins, defi tokens, and metaverse assets like gala, crypto.com coin, wax, kadena, wonderland, and avalanche have […]

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Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex Volumes

Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex VolumesDuring the second week of October, the total value locked (TVL) in decentralized finance (defi) protocols crossed $200 billion, and two weeks later in November, the TVL in defi surpassed $250 billion gaining 25% in value. Meanwhile, Ethereum commands more than 67% of the $253 billion TVL in defi today, gaining 4.65% during the last […]

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Non-Custodial Dex Platforms Continue to Expand — Curve, Pancakeswap, Sushiswap, Uniswap Lead the Pack

Five years ago, there was a large quantity of digital currencies and blockchains, but there were very few trading platforms that dealt with decentralized exchange. Since the boom of decentralized finance (defi), there’s now a myriad of decentralized exchange (dex) platforms that allow people to swap funds in a private, non-custodial manner. These days the […]

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