Terra lost almost 98% of the market volume and went to 271st place in CMC. The DeFi crypto market cap is $52.93B. 23.97% fell over the last day. The Cryptocurrency market is already in a bearish zone. it dropped more than half of its volume from its all-time high of
Uniswap has been down 14.42% in the last 24 hours. PancakeSwap uses an automated market maker mechanism. Let us look at the top 3 AMM tokens by market capitalization as per CryptoDep. ⚡️Top #AMM Tokens by Market Capitalization11 May 2022$UNI $CAKE $CRV $OSMO $BNT #1INCH $SUSHI $KNC $RAY $PERP pic.twitter.com/Q4SQ2m4oAD
Today, Hyperdex the all-in-one investing platform for decentralized finance (DeFi), has announced its mainnet launch. Hyperdex has launched an initial trio of products, Fixed Income, Algo Trading, and Race Trading, following rigorous refinement and third-party auditing. These options, known as ‘cubes,’ will help users become used to Hyperdex and its
The global crypto market size falling below $1.6 trillion. BTC’s dropped nearly under $32,000 for the first time since February. The largest cryptocurrencies had a bearish week. A small great look at the top 3 DeFi tokens by Market volume. Terre (LUNA) The Terra smart contract platform was created on
Primex Finance, a DeFi prime brokerage protocol, has announced the launch of the alpha version on its testnet. This version will let the users access and test the on-chain features of its upcoming mainnet. With this launch, the protocol progresses into its final phase of testing. Primex was founded in
The official Twitter account of Crypto Dep has shared the top projects by TVL in Optimism Ecosystem. In simple terms, the total value locked (TVL) indicates the number of assets presently staked in a protocol. Moreover, this value does not indicate the number of outstanding loans; rather, it represents the
Curve, an Ethereum-based DeX liquidity pool, dominates by 7.98% with its TVL. Average monthly revenue raised by DeFi protocols in April 2022 is $159.24M. The DeFi market surged in the summer of 2020. By late May 2020, its total value locked (TVL) rose up to a billion and the sector
Rari Fuse pool which has a five-month merger with Fei Protocol has faced an attack of $80 million by the hackers. This came to light when the Fei protocol made the following tweet on 04/30/2022. While, according to Lei Wu, Chief Technical Officer of Blocksec, 5400 ETH has already been
The metapools have been put on hold by Saddle. DeFi project Beanstalk Farm was recently hacked by unknown hackers. Data from Peck Shield, a blockchain security startup, shows that the Ethereum-based DeFi protocol Saddle Finance lost around $10 million in a flash loan assault on Saturday. The popularity of Decentralized
DeFiChain users will be able to create and exchange the new dTokens. Uniswap’s development activities have steadily increased since mid-January. Let us look at the top 3 DeFi projects by developer activity as per CryptoDep. ⚡️Top #DeFi Projects by Developer Activity26 April 2022$UNI $DFI $OSMO $YFI $MKR $MDX $SNX $BADGER
