Baby Doge is growing to be the underdog for leading memecoin, with its new updates and utilities. The seemingly second favorite Dogecoin for the Twitter CEO is breaking up all its own records. On February 5th, the coin was listed among the top 100 cryptocurrencies on the CoinGecko site. The
Despite the current crypto market conditions, Decentralized finance (DeFi) still proved its higher scaling potential than the traditional financial industry. Some segments of the DeFi industry continue to “display a positive trend,” while the overall value locked fell from its peak of $180 billion in December 2021 to around $50
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
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
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
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
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
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
-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
