Tag: TVL
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DeFi TVL Bounces Back Even as Active Users Decline in Q1
Ethereum and its Layer2 ecosystem took the lead.
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What Is TVL?
A Step-by-Step Guide to a Key Metric in DeFi
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Yearn Finance Struggles to Find its Footing as Rates Rise
The Yield Aggregator Trailblazer is Lagging Other DeFi Stalwarts and Ether
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Anchor’s TVL Surges to All Time High of $11.7B After Luna Foundation Refills Reserves
Anchor’s TVL surged to $11.7B after its reserves were topped up.
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Synthetix’s Kain Warwick: What it Takes to Scale an Ethereum DeFi Protocol
This week, we sit with Kain Warwick, DeFi OG and founder of Synthetix. In some ways, last year wasn’t a great one for the synthetic assets protocol. As many DeFi projects boomed, SNX’s price and TVL dropped. Kain says he was too optimistic about how soon Synthetix would be able to scale with optimistic roll-ups. If he […]
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Transak Launches Fiat Onramps to Top L2s Arbitrum and Optimism
Layer 2 blockchains Arbitrum and Optimism got a boost from a new fait-to-crypto offering.
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Liquidity Providers Hold the Line in DeFi Selloff
Liquidity providers are standing fast n DeFi despite the selloff this month.
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Layer 1s Better Watch Their Backs as L2s Surge in TVL
Smart contract platforms — Terra, Solana and Avalanche, to name a few — had a summer to remember. Terra’s LUNA rocketed 421% between June 1 and Sept. 30 and its fellow Layer 1s (L1s) Avalanche and Solana also delivered triple-digit returns. Now Layer 2s (L2s), which make Ethereum transactions more affordable and faster by executing them […]
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Adamant Targets Alameda With Contentious Governance Vote
What a can of worms. This weekend, Adamant Finance, a yield aggregator on Polygon, initiated a governance vote to “blacklist” wallets it said belong to Alameda Research, a crypto hedge fund that trades up to $10B a day in tokens and derivatives. The fallout has been fast and furious. The action came in response to […]
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Yearn Revenues Projected to Surpass TradFi’s Fueled By Thriving Community
On-Chain Markets Update by Lucas Outumuro, IntoTheBlock Yearn Finance is quickly turning into an asset management behemoth. Propelled by its thriving community, Yearn’s fundamentals are looking stronger than its traditional finance counterparts. After recently hitting a new all-time high of $5 billion+ in TVL, Yearn also broke its highest monthly revenues. Making over $10 million […]
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Liquity Network Attracts Over $2.4B in Assets in Two Weeks
Liquity Network, relatively unknown before its April 5 launch, now has $2.4B of ETH locked, placing it 11th among all Ethereum protocols, ahead of open finance mainstays Synthetix and Bancor. The protocol resembles MakerDAO in that users lock up ETH in order to mint Liquity’s stablecoin LUSD, but differs from the DAI-orginiator in that it […]
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Big Data Protocol Amasses 10% of DeFi TVL Over the Weekend
Big Data Protocol wasn’t even live a week ago. Now it sits third in terms of total value locked, ahead of DeFi mainstays Compound Finance and Uniswap, according to data compiled by DeBank. With over $6B locked up since rewards emissions began on Saturday, the project has DeFi watchers wondering how it rocketed from nowhere […]
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Bitcoin Corrects as ETH Locked in DeFi Rebounds
After a week of record volumes for 2020, bitcoin’s price dropped on decreasing trading volumes. Meanwhile, assets locked in DeFi are recovering since the November dip – said to be due to the Ethereum 2.0 network upgrade. Bitcoin is trading around $22,770 (Bitfinex) at the time of writing, reclaiming some of the losses from the […]
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No, DeFi is Not Dead
DeFi Token Price Doesn’t Show the Full Picture The DeFi bubble might have popped but DeFi itself is stronger than ever. After an absolute DeFi explosion this (northern hemisphere) summer, with food-themed coins popping up everywhere, hundreds of millions in digital assets flowing into untested and unaudited protocols, anonymous founders based off cartoon characters hailed […]
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Cream Finance Crosses $300M in Deposits
What happens when you fork Compound and add lending pools for DeFi’s most degen assets? You get Cream Finance. In under a month since launch, Cream has aggregated more than $300M in TVL, according to DeFi Pulse, largely thanks to CREAM liquidity mining rewards. Image source: DeFi Pulse What started as a lending protocol for […]