Search Results for "defi market"
Uniswap Monthly Volume Surpasses Coinbase Under the Influence of the DeFi Craze
Under the influence of the decentralized finance (DeFi) craze, decentralized exchange Uniswap has processed $15.3 billion in monthly volume in September.
Aave (LEND) Price Skyrocketed 20,000% This Year—Is DeFi a Bubble Yet to Burst?
Aave’s bullish momentum has pushed its cryptocurrency LEND towards the top 20 coins by market cap after it took the number one spot in the DeFi market.
Chainlink Rebounds While Large-Cap Altcoins Lag Behind, DeFi Market Reaches $10B in Total Value Locked
Chainlink (LINK) has been making over 18 percent gains in the past 24 hours, taking the lead ahead of most of the large-cap altcoins and Bitcoin.
Origin DeFi Protocol Loses $7 Million to Hacker in Security Breach
Origin Protocol is the latest DeFi platform to lose $7 million due to hacking. The company has said that it is working to restore the stolen funds.
Aave Launches Upgrade, DeFi Tokens to Gain as Bitcoin Fails to Break $16K
Aave DeFi protocol launched an upgrade on its public testnet today. The news comes as Defi tokens may be preparing for a bull run, with Bitcoin failing to rally.
DeFi Market Recovers as Sushiswap (SUSHI) Migration Resulted in 225% More in Total Value Locked
Decentralized finance projects recently witnessed its tokens plummet, crashing up to 50%. The DeFi industry has slightly recovered, rebounding 19% today.
DeFi Projects Continue to Generate Huge Returns as a Decoupling from Bitcoin is Observed
DeFi projects continue to be lucrative, as their market cap has ballooned to $19.7B (+135% in the past month), according to on-chain data provider Santiment.
Total Value Locked in DeFi Hits $30 Billion as Positive Sentiment Surrounds Cryptocurrency Market
The Total Value Locked (TVL) in DeFi has topped a new all-time high at $30 billion.
DeFi to Reach $20 Billion in Total Value Locked by the end of 2020
The decentralized finance (DeFi) industry recently reached over $15 billion in total value locked before dropping back to $14 billion in TVL.
ETH Price Plunges as Ethereum Gas Fees Make DeFi Unusable
Ethereum’s surging gas fees continue to raise concern—making DeFi all but unusable for the average trader and the ETH price falling drastically to $1,580.63 last night.
Ethereum and DeFi Tokens Plummet Amid High Selling Pressure
Popular DeFi tokens, including Yearn.finance (YFI), and Uniswap (UNI) have also witnessed strong corrections in the past few days.
3 Platforms Making DeFi More Inclusive
Decentralized finance (DeFi) is taking the world by storm. Owners of cryptocurrencies can unlock an alternative financial system that offers better rewards than traditional bank accounts and carries more risk. Several trends in the DeFi space are emerging lately, as are the new protocols trying to capitalize on this momentum.