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DEFI

Decentralized Finance, DeFi as a concept is to be able to offer almost all the financial services available with legacy and centralized institutions, typically banks, but on the blockchain. Whatever traditional services financial institutions provide can be expected to be offered through DeFi. In short, Defi is blockchain-based financial services that traditional financial services map into, creating new services or derivatives stemming from blockchain's unique features. Although we have had concepts like distributed computing and decentralized computing for decades, DeFi is in fact a new concept and an expansion of the application scope of blockchain as infrastructure.

Polygon Surges by 2600% on a Year-to-Date Basis as Adoption of Layer 2 Accelerates
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Polygon Surges by 2600% on a Year-to-Date Basis as Adoption of Layer 2 Accelerates

Polygon's rate of return is very impressive, rising by more than 2600%, from $0.0178 to $0.468 since the beginning of 2021.

DODO DeFi Token: Everything You Need to Know
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DODO DeFi Token: Everything You Need to Know

DODO is a decentralized exchange based on Ethereum and Binance Smart Chain by using Proactive Market Maker to provide users with a single token market-making to earn transaction fees.

Crypto Is The "Best Kept Secret in the World," Says Former NYSE President
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Crypto Is The "Best Kept Secret in the World," Says Former NYSE President

Former NYSE President Thomas Farley says that crypto is the best-kept secret in the world.

Maker Hits a New All-Time High Close to the $5,000 Mark
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Maker Hits a New All-Time High Close to the $5,000 Mark

Maker has grown nearly eight-fold since the beginning of this year. It hit a record high of $4,995 today, breaking the $4,500 mark in one clean swoop.

KeyFi Announces Native Token Listing on ApeSwap DEX
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KeyFi Announces Native Token Listing on ApeSwap DEX

KeyFi, an AI-Powered DeFi aggregator platform backed by SelfKey Credentials, is listing its native token, KEYFI, on decentralized exchange ApeSwap.Finance.

DeFi and Exchange Tokens Participate in Crypto Bull Run
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DeFi and Exchange Tokens Participate in Crypto Bull Run

As the broader market sees a continuous run in price and valuation, DeFi and exchange tokens are also catching up on the growth.

NetCents Technology to Facilitate DeFi Investments on Its Platform
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NetCents Technology to Facilitate DeFi Investments on Its Platform

NetCents Technology, a cryptocurrency payments company, has signed an agreement with Vesto to enable decentralized finance (DeFi) protocols to run on its platform.

Ethereum’s All-Time High May Be Influenced by a Drop in ETH Gas Fees
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Ethereum’s All-Time High May Be Influenced by a Drop in ETH Gas Fees

On-chain metrics provider Santiment attributes the current ETH uptrend to a drop in Ethereum’s average fees.

Ethereum Hits New All-Time High as More Participants Join the ETH Bandwagon
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Ethereum Hits New All-Time High as More Participants Join the ETH Bandwagon

Ethereum has soared to a new all-time high of $2,159.30.

DeFi Grows as Total Value Locked Tops $50 Billion
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DeFi Grows as Total Value Locked Tops $50 Billion

The Total Value Locked in DeFi has topped $50 billion for the very first time, continuing the positive rally started this year.

1INCH Sets New All-Time High as Token Launches on Coinbase Pro
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1INCH Sets New All-Time High as Token Launches on Coinbase Pro

With the decentralized finance boom, many projects have emerged in the DeFi market. 1INCH stands out among them.

What are NFTs?
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What are NFTs?

A non-fungible token (NFT) is a special type of encrypted token that represents unique things such as encrypted art, digital collectibles, and online games.

PancakeSwap Rebounds Higher as KeyFi DeFi Token Launches on its Platform
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PancakeSwap Rebounds Higher as KeyFi DeFi Token Launches on its Platform

KeyFi DeFi Platform is launching its KeyFi token on PancakeSwap. CAKE has had an amazing performance in the past week, rising by 55.60%.

Crypto Addresses Holding At Least 100 Ethereum Hit 19-Month Low as 8.2% of Circulating ETH Locked in DeFi
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Crypto Addresses Holding At Least 100 Ethereum Hit 19-Month Low as 8.2% of Circulating ETH Locked in DeFi

New data by on-chain data provider Glassnode reveals that the number of crypto addresses holding more than 100 ETH has hit a 19-month low of 45,518.

More Investors are Jumping on the Ethereum Bandwagon
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More Investors are Jumping on the Ethereum Bandwagon

Ethereum has been attracting more users to its network, as non-zero ETH addresses just reached an ATH of 55,317,765.