Overall DeFi platform touched a TVL of $200 billion this week. Most of the DeFi tokens surged were based upon the Ethereum blockchain. DeFi Llama predicts for the first time DeFi has crossed the $200B mark. With the rise of the crypto industry and the blockchain technology, many attributes have
With the passing of time, the competition upon the blockchain platforms are highly ecstatic. Besides developing their blockchains with constant research, this also proves to be an extremely vital factor for the platform’s native token to survive throughout the market. In spite of all such competition, now seems the complete
Avalanche (AVAX) has reached its new all-time high. AVAX has soared to 28.1% within a week. New partnerships and a $230 million investment round might be the reason for price surge. We all know that a huge difference can be witnessed in the crypto industry just in a few months.
Top TVL gainers in the BSC ecosystem are ANN, BABY, JAWS, DOP. CHESS, HUNNY, HELMET, CAKE, CSS, ALPACA The top 10 TVL gainers in the BSC ecosystem in the last 7 days are Annex Finance (ANN), BabySwap (BABY), AutoShark (JAWS), Dopple Finance (DOP), Tranchess (CHESS), Pancake Hunny (HUNNY), Helmet.insure (HELMET),
The world of decentralized finance is ever-evolving with the massive potential it brings to millions of users. DeFi in its abbreviated form, enables the deployment of traditional finance products like lending, staking & borrowing using smart contracts that are permissionless and trustless. Thousands of crypto enthusiasts have taken advantage of
With a deflationary governance token, CORE, CVault.finance is a decentralized finance system. Also planned are “Automated Strategy Vaults,” which would automate profit-generating methods for staked tokens. cVault.finance claims their governance approach is “the strongest and most involved in DeFi.” CORE token holders vote collectively to modify the protocol, including adding
Uniswap commanded $9,620,102,739 in swaps last week. There are 270,783 bitcoin in TVL. The total value locked (TVL) in decentralized finance (DeFi) has grown significantly to $171 billion in mid-September. There are 270,783 bitcoin in TVL valued at over $13 billion on the Ethereum network, and $15 billion has been
PAI, an algorithmic stablecoin, backs Parrot Protocol. Grape Protocol was the primary source of the downtime. Solana has been up nearly 3200% since August. Investors’ interest in Ethereum rival systems featuring DeFi, NFT, and smart contract services has risen dramatically. The software applications that simulate legal contracts are smart contracts.
Solana (SOL) is now the recent hype which creates a huge curiosity among the millions of investors with its exciting developments. At present, all crypto users are planning to invest their assets into Solana for its massive performance in the marketplace. Besides, all investors believe that SOL will overtake Ethereum
Charles Hoskinson mentioned the DeFi network as a bubble. Cardano’s design is well organized to accommodate the second wave of DeFi. Cardano can host decentralized applications (dApps) in the DeFi space. On September 17 (Friday) in an interview the founder of Cardano, Charles Hoskinson mentioned the decentralized finance (DeFi) network
