Growth DeFi Ecosystem Going Cross-Chain, Starting With Avalanche

Over the past months, we have seen tremendous growth in DeFi, and millions if not billions of dollars are being invested in it daily. DeFi can affect the way traditional banks operate and might even change the structure of the whole financial system in the future.

197 +

Ergo Marks Anniversary Event To Drive The Growth Of DeFi

Increased activity in both DeFi and blockchain have risen the total value locked (TVL) of assets from $500 million as of March 12 (‘Black Thursday’), to the tune of over $50 billion. Growth has been attributed to increased crypto awareness, the emergence of improved DeFi ecosystems, and Compound’s (COMP) distribution of governance tokens. Its autonomous […]

221 +

CLVA And Kava Are Just Some Of The Top DeFi Projects To Watch Out For In 2021

Since the last few years, the emergence of the DeFi industry has been nothing less than colossal. During its inception, the growth of the same was pretty slow-pacing. However, during the latter half of the previous decade, it has experienced massive growth.

206 +

Is DeFi’s Total Value Locked (TVL) The Best Way To Measure Market Growth: DappRadar Report

In a report published on Wednesday, DappRadar, a decentralized app (dApp) aggregator, stated that the DeFi growth could be significantly overstated. The foremost DeFi metric is the total value locked (TVL), which measures the amount borrowed to amount deposited on lending DeFi protocols and the liquidity provided on decentralized exchanges (DEX). According to DeFi Pulse, […]

427 +

DeFi’s Favorite Growth Metric Is Broken, Here’s Why

Total value locked (TVL) is the most popular metric to track DeFi and its corresponding growth. There’s just one problem: It doesn’t apply to every protocol. Here’s why crypto needs...

307 +

IOST Unveils 1 Million Dollar Grant to Bootstrap Growth of DeFi Projects, Focuses on Oracle DeFi

Coinspeaker IOST Unveils 1 Million Dollar Grant to Bootstrap Growth of DeFi Projects, Focuses on Oracle DeFiIOST foundation officially unveils a $USD 1M Grant to bootstrap the growth of DeFi projects on IOST.

168 +

Ethereum's circulating supply - Error 404?

Ethereum's market has been noting tremendous growth lately on the back of various decentralized finance [DeFi] applications. However, it didn't take long for the growth story to be eclipsed by yet anoThe post Ethereum's circulating supply - Error 404? appeared first on AMBCrypto.

235 +

This key comparison shows Band Protocol (BAND) has massive room for growth

Band Protocol (BAND) – a decentralized oracle network – has recently become one of the hottest DeFi coins, with news of multiple integrations and a Coinbase Pro listing sending its price to fresh all-time highs earlier this week.

269 +

Three reasons why the DeFi crypto bull run is just getting started

The DeFi sector has been seeing tremendous growth in recent weeks.

The post Three reasons why the DeFi crypto bull run is just getting started appeared first on CryptoSlate.

268 +

The launch of this Ethereum token could put DeFi into another frenzy

Although decentralized finance (DeFi) has been seeing consistently strong growth, the gains in this Ethereum market sector have somewhat subsided over recent weeks. The post The launch of this Ethereum token could put DeFi into another frenzy appeared first on CryptoSlate.

257 +

Growth on Band Protocol and Kava Proves Demand for Cross-Chain DeFi

Emerging blockchains are trying to build a new DeFi ecosystem away from Ethereum. While Ethereum is still the top base layer for DeFi, increased traction for protocols like Band and...

236 +

Harmony (ONE) Grant to Bootstrap Growth of Chainlink-Based DeFi Applications

Harmony—a fast, sharded, and scalable blockchain network for decentralized applications (dApps), is integrating Chainlink—an interoperable network of secure and tamper-proof oracles. Accompanying the incorporation is a dedication of part of the $7 million grant to bootstrap the growth of Chainlink-based DeFi and cross-border finance dApps built on Harmony as per an August 5 update.

402 +

Ethereum’s DeFi Space Is Exploding According to These 4 Metrics

Despite volatility in the Ethereum market, decentralized finance (DeFi) — which some argue is the killer use case for the cryptocurrency — has continued to see rapid growth in recent months. Ethereum’s DeFi Space Is Seeing Rapid Growth Spencer Noon, the head of the cryptocurrency fund DTC Capital and an on-chain analyst, noted on August […]

354 +

Market Wrap: Bitcoin Flat at $11.2K; DeFi Has Highest Volume Month Ever

A weak bitcoin market is not stopping Ethereum-powered DeFi growth.

168 +

Matic Network Launches A $5M ‘DeFi Incubation’ Fund Aiming To Challenge Ethereum’s Dominance

Over the past few months, the blockchain ecosystem has witnessed a huge growth in the number of DeFi projects with most of them built on the Ethereum platform. As the market for these “new fintech projects” products grows, Matic aims at pushing some of them to its blockchain from Ethereum. The Matic lead development team […]

449 +

Ethereum DeFi’s Flagship Coin, MakerDAO, Is Down 55% Against ETH in 2020

Ethereum’s decentralized finance (DeFi) sector has undergone parabolic growth over the past few months. The value of coins locked in DeFi protocols has surged to a cumulative $4. 25 billion for the first time ever.

287 +

DeFi Conference 2020

Coinspeaker DeFi Conference 2020The DeFi Conference 2020 hosted by Bitcoin Events happening this Wednesday, 5 August, will showcase the tremendous growth and rise of DeFi projects over the last year.DeFi Conference 2020

197 +

Ethereum’s DeFi Space Just Saw An Exit Scam: Here’s How It Went Down

The growth in Ethereum’s decentralized finance space has been one of the biggest wealth-generation events in the crypto space of the past year. Coins pertaining to “DeFi,” as this part of cryptocurrency has been dubbed, have literally gone parabolic.

195 +

YFI Fork and “Dogecoin of DeFi Tokens” Asuka Token Creator Reportedly Exit Scams

DeFi is the talk of the town in the crypto landscape these days, and DeFi exit scams aren’t too far behind. Only a Matter of Time? DeFi, the new “in” thing within the cryptocurrency industry has witnessed unprecedented growth since its baby steps earlier this year.

359 +

First Mover: Chainlink’s Soaring Token Shows Lucrative ‘Oracle’ Role in Fast-Growing DeFi

Chainlink's LINK token soared almost 60% in July as cryptocurrency traders fawned over DeFi projects and their rapid growth.

133 +

KeeperDAO Raises Seven-Figure Seed Investment From Polychain, Three Arrows

The funding comes at a time when DeFi has seen an explosion in growth.

249 +

Five Years Later, the Ethereum DApp Ecosystem Looks Exactly as Predicted

The Ethereum ecosystem is now seeing the growth and adoption of ideas outlined more than five years ago, including many of the components of DeFi.

139 +

After Ethereum DeFi Gains 100%+, Vitalik Says Yield Farming Isn’t Sustainable

The biggest crypto narrative of the past few months has been the growth of Ethereum’s “decentralized finance” (DeFi). Tokens pertaining to this segment of the cryptocurrency market have surged literally hundreds of percent.

288 +

In the DeFi world, Yearn.finance distribution concluded – what’s next for YFI?

YFI, the governance token of Yearn.finance, is the fastest DeFi growth story in the history of cryptocurrencies. The post In the DeFi world, Yearn.finance distribution concluded – what’s next for YFI? appeared first on CryptoSlate.

286 +

Newly released YFI token sees 11,000% growth – is this sustainable?

The DeFi race continues to heat up as the Ethereum-based governance token YFI hit... The post Newly released YFI token sees 11,000% growth – is this sustainable? appeared first on Coin Journal.

170 +

Boosted by DeFi, DEX Volumes Compete With Binance, Poloniex, and Other Centralized Exchanges

Thanks to DeFi‘s explosive growth, DEXes have recorded nearly three times as much volume in 2020 as all of 2019.   What’s more, the DEX boom has revealed an emerging...

246 +

Why DeFi needs oracle cross-chain DeFi with Chainlink / DCRM

Defi protocols have registered significant growth in terms of token prices, user adoption, and media exposure in the last few months. The post Why DeFi needs oracle cross-chain DeFi with Chainlink / DCRM appeared first on CryptoSlate.

143 +

Cryptocurrency News Roundup for July 24, 2020

The rapid growth of the still-nascent decentralized finance (DeFi) industry is undoubtedly one of the most significant developments in the crypto space this year. However, for better or worse, the DeFi ecosystem has so far advanced without Bitcoin playing any part in it.

278 +

How DeFi’s Exponential Growth Could Spark the Next Crypto Boom

Today brings about yet another all-time high for DeFi markets, which seem unstoppable at the moment. Bitcoin has yet to truly benefit, but the future of decentralized finance is likely to include the cryptocurrency front-runner as well.

150 +

Ethereum: Ether is becoming 2nd-favorite on its parent chain

It is impossible to keep Ethereum out of the headlines at the moment. The anticipation surrounding Ethereum 2.0 was keeping the largest altcoin omnipresent but currently, the immense growth of DeFi isThe post Ethereum: Ether is becoming 2nd-favorite on its parent chain appeared first on AMBCrypto.

247 +

Why Ethereum May Severely Underperform DeFi Tokens During Next Bull Market

Ethereum has seen some positive price action throughout the past day, although it remains highly correlated to that of Bitcoin It also remains caught within its macro trading range between $230 and $250, with its buyers being unable to surmount the upper boundary of this range ETH investors have been speculating that the growth seen within the DeFi sector could be enough to propel the crypto higher That being said, one analyst and fund manager […]

172 +

DeFi's staggering growth in TVL is a positive feedback loop

The DeFi ecosystem has come a long way since 13 March. After tumbling all the way down to $571 million in Total Value Locked (TVL) from a high of $1.28 billion on 15 February, all hope for its future The post DeFi's staggering growth in TVL is a positive feedback loop appeared first on AMBCrypto.

419 +

Here’s why Bitcoin-obsessed China is not seeing a DeFi boom, yet

Decentralized finance (DeFi) applications are driving growth in the cryptocurrency market in 2020. The post Here’s why Bitcoin-obsessed China is not seeing a DeFi boom, yet appeared first on CryptoSlate.

230 +

This economic model suggests Ethereum’s price will be boosted by DeFi’s growth

The Ethereum network has been seeing some of its heaviest utilization ever throughout the past couple of months. The post This economic model suggests Ethereum’s price will be boosted by DeFi’s growth appeared first on CryptoSlate.

143 +

These 5 DeFi metrics just hit all-time highs; Will this crypto sector’s growth persist?

It’s no secret that the decentralized finance (DeFi) sector has been one of the best-performing ones throughout the past several months, with many of the crypto tokens related to this fragment of the market posting intense gains.

129 +

Security Is the Biggest Challenge for DeFi’s Continued Growth, Says Exec

The founder of blockchain security company Quantstamp, Richard Ma, said security is the biggest challenge for DeFi’s growth.

190 +

Led by DeFi, DApp Usage Soars Into the Millions

Led by the impressive growth of DeFi, dApp usage surged in the second quarter of 2020, with several key metrics almost doubling from Q1. DApp Usage Soars in Q2 Decentralized...

152 +

DeFi momentum accelerates

As interest in crypto yield farming surges, DeFi has achieved another major milestone this week with a total of $2B now locked in the Ethereum ecosystem - with industry experts noting that growth in DeFi is turning Ethereum into a type of ‘money whirlpool’.

278 +

DeFi Offers Potential Investment Opportunities Said HyperChain Capital

HyperChain Capital CEO says DeFi provides potential growth and investment opportunities for the digital assets management firm.

345 +

DeFi App Growth Boosts Total Transactions On DApp Blockchains By $4.5B In Q2 2020: DAppRadar Report

In a report by DApp Radar, the total transactional volume on DApps touched the $12 billion mark in Q2 2020, representing a $4. 5 billion increase from Q1 2020. Ethereum (ETH) continues to dominate the decentralized application (DApp) industry attracting a value of $11 billion across Q2 2020.

333 +

Staking frenzy pushes 0x (ZRX) to highest user activity since April, price jumps 14%

The recent infatuation for most in the cryptocurrency market is with DeFi tokens and staking, with the sectors seeing strong growth in both technology and price values since the past month. The post Staking frenzy pushes 0x (ZRX) to highest user activity since April, price jumps 14% appeared first on CryptoSlate.

506 +

Three Simple Reasons Why Ethereum Won’t Benefit from DeFi’s Growth

DeFi-related tokens have been caught within an intense bull market over the past several weeks, with many posting 100%+ gains This growth has been fueled by return-hungry investors looking to take advantage of “yield farming” This trend isn’t fading as fast as some analysts expected and could continue strong in the months ahead Although built upon Ethereum, the DeFi sectors growth hasn’t boosted ETH’s price One prominent investor doesn’t believe it will ever become the […]

428 +

DEX Volumes in 2020 Five Times Greater Than Previous Year

New data shows DEX volumes at their peak, with 2020 recording $5. 1 billion in the first half of the year. This number far eclipses volumes from the same period in 2019 and bodes well for the DeFi space, which has already shown signs of sustained growth.

231 +

Ethereum Daily Active Addresses Hit Two-Year Single-Day High

The Ethereum blockchain has seen a two-year single-day high for daily active addresses at nearly 500,000. Generally, network statistics seem to indicate that the decentralized finance (DeFi) market, which has also grown popular in the same time frame, has contributed greatly to network growth.

256 +

DeFi Platform Balancer Notes a Security Incident

Despite ongoing growth in the DeFi industry, security concerns remain in place today. Balancer, a project gained traction last week, has gone through a security incident over the weekend.   Balancer is one of the DeFi projects gaining a lot of attention lately.

253 +

DeFi Exploit Results in Loss of $500k ETH From Balancer Pools

Decentralized finance (DeFi) had its best week to date last week, but that rapid growth only attracts more shady operators seeking to exploit vulnerabilities in these nascent systems. DeFi markets are still riding high from a wild week which saw total value locked across the industry hit an all-time high of $1.

348 +

The Cross Chain Revolution Has Begun: 10,000 Bitcoin on Ethereum

Bitcoin is infiltrating DeFi, with now over 10,000 BTC locked in Ethereum. Could this growth signal a new role for BTC, as the primary choice of collateral in DeFi? Big...

179 +

Ether Is Outperforming Bitcoin in 2020, And There’s More to Come

Ethereum’s native asset, Ether, has outperformed Bitcoin by over 50% in 2020. With growth drivers in the form of DeFi, EIP 1559, and ETH 2.0, this trend is likely to...

200 +

Ether Is Outperforming Bitcoin in 2020, and There’s More to Come

Ethereum’s native asset, Ether, has outperformed Bitcoin by over 50% in 2020. With growth drivers in the form of DeFi, EIP 1559, and ETH 2.0, this trend is likely to...

196 +