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Decentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week. Defi tokens like curve, kyber network, terra, hxro, and more have been seeing double-digit gains. On May 23, the defi economy’s aggregate total-value locked (TVL) dropped to a … Read more
Just recently, Shapeshift founder and CEO Erik Voorhees published a blog post about a new project called Thorchain, a protocol that allows for decentralized exchanges without wrapping or bridging technology commonly used today. Thorchain launched on April 13, 2021, and the Shapeshift founder recently revealed his company is first to leverage the multi-chain protocol in … Read more
The seasons are turning and the markets are shifting — could it be a strong summer for decentralized finance? Go to Source Powered by WPeMatico
After weeks of aggressive selling, YFI looks primed for a move to $60,000 before Bitcoin. Go to Source Powered by WPeMatico
The team is awaiting community input to determine the parameters of V2’s liquidity mining Go to Source Powered by WPeMatico
A lucky trader turned 0.34 BTC into 4.6 BTC in just one swap. Go to Source Powered by WPeMatico
The new DEX onramps will offer users access to new assets, as well as better liquidity and security. Go to Source Powered by WPeMatico
The latest data from Coingecko shows that the combined trading volumes of cryptocurrency exchanges went up by $155 billion between July and September, from $175.7 billion to $330.6 billion. The new total volume represents a 88% increase which Coingecko attributes to the decentralized finance (defi) hype and yield farming frenzy that peaked in August. In … Read more
Data shows DeFi platforms and their users are rapidly increasing their use of USDC stablecoin after Curve Finance launched. Go to Source Powered by WPeMatico
The decentralized exchange (dex) Uniswap has seen a massive amount of trade volume during the last seven days. Following Uniswap’s rapid increase in global trade volumes, the platform’s founder Hayden Adams celebrated the dex outpacing the centralized exchange Coinbase’s volumes this past weekend. News.Bitcoin.com recently reported on the decentralized finance (defi) economy’s total value locked … Read more
