Let us look at the top 3 DeFi tokens in terms of volume in the last 24 hours. Terra (LUNA) A blockchain technology, Terra employs fiat-pegged stablecoins to support global payment networks that are price stable. According to its white paper, with Terra, users have the stability of fiat currencies
Unizen, a major participant in the “Centralized Decentralized Finance” field, has announced a new project to bring the concept closer to reality. Intending to bring together DeFi developers and decision-makers at conventional, centralized finance (CeFi) firms and combine the benefit of a centralized exchange with decentralized cousins, the smart exchange
Investors lost around $190 million when the exchange went down in 2019. Patryn was sentenced to serve time in the United States. According to a tweet from on-chain analyst zachxbt, the anonymous treasury manager for Wonderland’s decentralized finance (DeFi) project and one of its co-founders, 0xSifu, is actually Canadian crypto
In order to create an open and trustworthy derivatives market, SynFutures aims to enable trading on anything having a price feed. SynFutures is decreasing the barrier to entering the derivatives market by nurturing a free market and increasing the diversity of tradable assets. According to Dune Analytics, SynFutures has exceeded
Curve Finance now has the biggest TVL of $23 billion. Lido’s TVL dropped 14.03 percent among the top 10 protocols during a week. In recent days, the value of the crypto market has fallen and is now also visible in total value locked trapped in decentralized finance. From $255.84 billion
Crypto market crashes down, BTC hits below $48K. DeFi sector surges up despite the market crash. Harvest Finance (FARM) surges to 119% and QuickSwap (QUICK) by 36%. The year end seems to get tougher and tougher as the days closes in. December 28, 2021, the entire crypto market plunged and
Interlay raises funds of $6.5 million. Funds to proceed for establishing BTC DeFi services. Interlay plans in bringing more affinity for BTC financially. The way Decentralized Finance (DeFi) has come forth upon the blockchain technology is indistinguishable. Being one of the most primitive attributes of blockchain technology, the DeFi sector
FTX, one of the world’s leading crypto derivatives exchanges, recently announced that it has become a member of the International Swaps and Derivatives Association (ISDA). The US subsidiary of FTX will work with the ISDA to build up the crypto derivatives markets in the US and around the world. The
Compound (COMP) gains more than 12% in 24 hours. Reaches price of $215.07 from low of $183.62. At the current pace, the COMP target will be $250. The Compound (COMP) is one of the most anticipated altcoin, based on the Decentralized Finance (DeFi) protocols. The native token of the Compound
Uniswap leads the list with a 30% market share of $13.4B. PancakeSwap enables users to swap BEP20 tokens for CAKE. Let’s look at the top 3 DeFi projects by market cap of Q3 2021. Uniswap (UNI) Uniswap is a well-known decentralized trading mechanism for automated DeFi token trading. This year’s
