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On May 6, 2021, the total locked value (TVL) held by decentralized finance (defi) is more than $77 billion. Much of this money is used by decentralized exchange (dex) platforms and liquidity pools. With dex platforms capturing over $2 billion in trade volume daily and $18 billion during the last seven days, a project called … Read more
A series of protocol upgrades and partnership announcements helped to boost GNO, BAL and CAKE even as Bitcoin price searches for support. Go to Source Powered by WPeMatico
Bitcoin price remains pinned below $50,000 but the drop in BTC dominance could propel ETH, BNB, XMR and CAKE higher over the short term. Go to Source Powered by WPeMatico
On Tuesday, the founder of the decentralized exchange (dex) Uniswap tweeted about the trading platform passing $10 billion in weekly trade volume for the first time. Decentralized trading volumes have grown massively, as dex platforms built on Ethereum have seen more than $18 billion in volume during the last week. Meanwhile, the dex Pancakeswap, an … Read more
Lucrative staking pools and reduced transaction fees are luring DeFi investors to 1inch, Celsius and PancakeSwap. Go to Source Powered by WPeMatico
Despite many leading Ethereum-powered DeFi protocols posting a weekly loss, the success of Binance Smart Chain is pushing the TVL of decentralized finance into new highs. Go to Source Powered by WPeMatico
Uniswap is currently the second-ranked crypto platform by daily fee generation after Ethereum. Go to Source Powered by WPeMatico
Two BSC-based projects have been attacked by replacing their websites with a malicious interface. Go to Source Powered by WPeMatico
PancakeSwap takes advantage of lower costs on the Binance Smart Chain to become the second-ranked DEX by volume. Go to Source Powered by WPeMatico
