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
Decentralized Finance (DeFi), is a financial application that is built on blockchain technology allowing transactions between multiple parties. Whereas, decentralized applications (dApps) and DeFi, let anyone with internet access to engage in a new generation of financial services. The crypto space was hyped with the concept of NFTs and DeFi
Aave (AAVE) soars over 14% in 24 hours. Price rose up from $171.34 to a whopping $197.91. The DeFi project is expected to put out the impeccable performance it made before in 2021. As for today’s top performer so far upon the altcoins, we have the Aave (AAVE), which has
Uno Re, a decentralized insurance platform, launched its Cover Portal on April 21st, 2022. Accessible through Uno Re’s dApp, the Cover Portal addresses an underemphasized need in DeFi space: easy access to insurance. For the first time, DeFi users can insure their crypto-assets in a few simple steps thanks to
GYM NETWORK got launched on 25 March 2022. It is a highly innovative DeFi platform that is the first to introduce affiliate marketing to decentralized finance, allowing users to earn commissions by referring others, while profiting from the platform themselves. $26 MILLION TOTAL VALUE LOCKED WITHIN THE FIRST 3 WEEKS
The decentralized finance ecosystem, popular as DeFi, has experienced magnanimous growth over the past three years, growing into a $100 billion market. The ecosystem is still relatively new in the growing crypto market but offers its users vast opportunities to earn income, connect to the financial system, and profit from
Over the past few years, we have witnessed the explosive growth of DeFi and NFT, the emergence of new projects, and the increase in liquidity. But it’s always difficult for active investors to find interesting projects. In the crypto space, it has become much more difficult to find really valuable
