Huobi Eco Chain’s TVL surges to $2.7b, but two DApps represent 86% of locked assets
The decentralized exchange Mdex and yield aggregator Filda represent roughly $2.4 billion of Heco’s $2.7 billion TVL combined. Go to Source Powered by WPeMatico
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Ethereum options data shows traders’ mixed opinions on ETH’s future
Data shows traders are buying $400 protective puts while also holding $7,000 call options, a signal that traders either have mixed emotions or are just cashing in on the upfront premium. Go to Source Powered by WPeMatico
Defi Economy Lost $20 Billion This Week, Decentralized Exchange Volumes Still Sky High
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 … Read more
Ethereum’s Price Taps Fresh New Highs, ETH Market Cap Eats Away BTC Dominance
The second-largest cryptocurrency in terms of market valuation, ethereum, has seen significant gains this week in comparison to the rest of the crypto economy. On Wednesday, ethereum tapped an all-time high at $2,736 per unit as the crypto asset has gained 11.48% during the last seven days. Ethereum Cracks a New ATH While a great … Read more
Lending giant Aave set to launch liquidity mining program
Can governance token distribution help Aave overtake Compound? Go to Source Powered by WPeMatico
The Money Roundup: Making Cents of Blockchain Fundraising News
From crypto trading to defi, the most exciting areas in blockchain fintech development and innovation are attracting serious investments from all industry corners. To introduce more tools and complementary services to the ecosystem, the recipients of these capital allocations are endeavoring to promote greater adoption by removing many existing participation obstacles and taking a more … Read more
DEX volumes have already surpassed $120b in 2021
DEX trading volumes on Ethereum hit $63 billion in January, smashing the sector’s previous record of $28 billion. Go to Source Powered by WPeMatico
Top 3 DeFi lending protocols exceed $20B in deposits
DeFi’s top three lending protocols have reached record levels of collateral lockup above $20B. Go to Source Powered by WPeMatico
Funds locked in DeFi surge $1B as analyst tips post-election bull run
Crypto collateral locked in DeFi protocols has surged to an all-time high over $12 billion. Go to Source Powered by WPeMatico
Bitcoin and Ether now account for 44% of the value locked in DeFi
Despite $4B worth of BTC and ETH being locked in DeFi over the past five months, the two top coins still account for less than half of the sector’s TVL Go to Source Powered by WPeMatico