Sat, November 2

Current DeFi Market Goes Down as TVL Drops Below $200B

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

May 2, 2022 2 mins read

Polkadot (DOT) Crowdloans Crosses $1 Billion TVL

This network, developed to allow developers to test out Polkadot.  The inaugural Polkadot parachain auction will start on November 11th. You’ve undoubtedly heard of Polkadot (DOT). With a $50 billion market worth, it has quickly risen. It is now the eighth biggest cryptocurrency and continues to grow. The inaugural Polkadot

November 11, 2021 2 mins read

DeFi Touches $200B, Is DeFi the Future?

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

October 9, 2021 2 mins read

Ethereum Currently Leads the TVL (Total Value Locked) in DeFi

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

September 20, 2021 2 mins read

Two DApps Represent 86% Of Blockchain TVL.

Two DApps represent 86% of blockchain TVL. Nearly $1.98 billion or 73% of Heco’s TVL locked in Mdex. A daily transaction count of 1.67 million reported by Heco. The ecosystem for the Huobi group, Huobi Eco Chain attracting an admirable total value locked (TVL) that launch in December. But just

June 8, 2021 2 mins read

Total Value Locked (TVL) in DeFi Hits New All-time High Over $39B

-Total value locked (TVL) in DeFi hits a new all-time high over $39B.-However, a high TVL doesn’t mean increased participation or activity in the DeFi space. -Moreover, Adjusted TVL usually tracks the changes in the TVL in the ecosystem.  The total value locked in decentralized finance (DeFi) has marked a new

February 11, 2021 2 mins read

Harvest Finance Puts $100K Bounty After $24M Attack, FARM Token Crashes

A decentralized finance protocol Harvest Finance seemingly issued a $100,000 bounty reportedly after a $24 million attack from its pool. Harvest Finance is a DeFi yield aggregator. FARM is its native cryptocurrency. It has one admin key for making changes to the smart contract. Essentially, the holder of this key

October 26, 2020 2 mins read