DeFi Summer is Over and NFT Autumn is Here 

Decentralized Finance has been all the rage ever since 2020 – commonly referred to as “the DeFi summer” – when several projects gained traction with users worldwide. DeFi apps peaked last November when the market grew to $110 billion in value locked in Ethereum smart contracts.

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DeFi Summer talk gains steam as top 10 DeFi coins soar up to 60%

Following the surge in Bitcoin price, DeFi projects across the board are soaring on Thursday. The post DeFi Summer talk gains steam as top 10 DeFi coins soar up to 60% appeared first on CryptoSlate.

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DeFi summer 2.0? Synthetix, Aave, Sushi pump double digits

The decentralized finance (DeFi) landscape exploded independently from Bitcoin (BTC) last year and the so-called DeFi summer of 2020, which was ignited by emerging staking options, could have a sequel this year.

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DeFi 2.0 poised to defy expectations this summer

Before the summer of 2020, DeFi was hardly on anyone’s radar.

The post DeFi 2.0 poised to defy expectations this summer appeared first on CryptoSlate.

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Here are the summer 2021 projections for Ethereum and DeFi tokens

The spring of 2021 has been largely driven by Bitcoin's rangebound price action, ETH rallying towards a target price of $3,000, and DeFi's rally. Since April 2021, over 950k Ethereum have been moveThe post Here are the summer 2021 projections for Ethereum and DeFi tokens appeared first on AMBCrypto.

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What are SUSHI's chances of retaking the $20-level?

SUSHI has been hiking on the price charts since the summer of 2020, with the alt emerging to become the sixth-largest DeFi token with a total TVL of over $4.4 billion, according to DeFiPulse. The tThe post What are SUSHI's chances of retaking the $20-level? appeared first on AMBCrypto.

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How Uniswap V3 launch will impact the token?

The summer of 2020 completely changed the crypto ecosystem as the rise of DeFi and decentralized exchanges posed a unique opportunity for many players in the crypto landscape. The elimination of KYC, The post How Uniswap V3 launch will impact the token? appeared first on AMBCrypto.

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Liquidity Mining Comes to Lending Protocol Aave V2

This latest feature in Aave, which currently accounts for 17% of the crypto lending sector with Compound in the lead with 53% share followed by MakerDAO at 30%, could be expected to “kickstart DeFi Summer 2.

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Is it still worth placing a bet on SushiSwap [SUSHI]?

Born out of the food farming mania that was part and parcel of the DeFi summer in 2020, SushiSwap was initially seen as merely a "generic, tokenized fork" of Uniswap. Within months, however, the formeThe post Is it still worth placing a bet on SushiSwap [SUSHI]? appeared first on AMBCrypto.

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As DeFi tokens surge, CRV indicates a bumper crop for ‘DeFi Summer 2.0’

The seasons are turning and the markets are shifting — could it be a strong summer for decentralized finance?

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BNB Flying to Achieve $100 Bln Market Cap Ahead of Coin Burn & Amidst ‘BSC DeFi Summer’

Is BNB setting the stage to replace Ether as the second-largest digital asset or acting as another funnel for ETH DeFi? The post BNB Flying to Achieve 0 Bln Market Cap Ahead of Coin Burn & Amidst ‘BSC DeFi Summer’ first appeared on BitcoinExchangeGuide.

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Is this the right time to invest in COMP

DeFi's popularity may have diminished slightly in comparison to the DeFi Summer that took place in 2020. However, that doesn't mean that the space isn't filled with coins that have been performing subThe post Is this the right time to invest in COMP appeared first on AMBCrypto.

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DeFi Major Aave (AAVE) to Build on Polygon’s Scalable Layer 2 Platform

The decentralized lending platform built on the Ethereum blockchain, Aave says that it will scale its DeFi platform beyond its blockchain by joining several sidechains, including Polygon.  Aave Addresses Transaction Fees Block space supply today is scarce and limited, leading to the massive expansion of assets on the Ethereum blockchain. Since the “DeFi Summer” ofRead More

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DeFi summer 2.0? 'Gen 2' tokens on a tear amid wider market slump

Decentralized finance 'Gen2' tokens sprint forward as the broader DeFi market gasps for air

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DeFi Is The Fastest Growing Sector In Crypto

DeFi is King According to the research, the native tokens of many DeFi projects saw more linear growth in price this year. This seems to be dwarfed by the exponential growth seen in the summer of last year.

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DeFi: Will the next rally see the rise of this DeFi-ETP?

The explosive growth of DeFi assets was for all to witness back in Summer 2020, and the narrative is picking traction yet again. Back in 2020, Yearn Finance or YFI was leading the rally but now other The post DeFi: Will the next rally see the rise of this DeFi-ETP? appeared first on AMBCrypto.

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Should USDT_ETH keep looking over its shoulder?

Months before the commencement of the bull run in December 2020, DeFi was receiving all the attention in the summer. Decentralized applications were building a new financial system on Ethereum, and thThe post Should USDT_ETH keep looking over its shoulder? appeared first on AMBCrypto.

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CipherTrace Report: DeFi Protocol Hacks Contributed Majorly to 2020’s Crypto Thefts

The DeFi summer of 2020 witnessed ‘rug-pulls’ left, right, and center. DeFi Landscape Saw Major Crypto Thefts Blockchain technology and cryptocurrency analysis firm CipherTrace recently released the 2020 Cryptocurrency Crime and Anti-Money Laundering Report.

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DeFi’s UNI Token Jumps 92% in One Week, Passes $15

Uniswap's UNI token has nearly doubled its price in 7 days. The decentralized exchange is seeing volumes higher than last summer, too.

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Altcoin Explorer – Bancor (BNT), the Defining DeFi Protocol

Decentralized finance (DeFi) has progressed from being the talk of the town during the ‘2020 summer of DeFi’ to firmly establishing itself as an institutional-backed flourishing landscape within the wider cryptocurrency industry.

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Highly Anticipated Ethereum Fee Model Upgrade is Expected in 2021

High gas prices are a thorny subject for the Ethereum community. The issue gained widespread coverage during the summer of DeFi when demand and network usage were sky-high, resulting in less than palatable charges.

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DeFi Platform SushiSwap (SUSHI) Unveils Roadmap for 2021

DeFi protocol SushiSwap is set for a happening 2021. SushiSwap Shares 2021 Roadmap After a tumultuous 2020, decentralized finance (DeFi) project SushiSwap has its eyes set on a productive 2021. Launched as a fork of leading decentralized AMM Uniswap during the DeFi summer of 2020, SushiSwap has quickly cemented itself as a force to reckonRead More

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This Ethereum DeFi protocol gained $1 billion in deposits in the 12 hours after its launch

It appears that the “ape” mentality that captured Ethereum investors in the summer has returned. The post This Ethereum DeFi protocol gained $1 billion in deposits in the 12 hours after its launch appeared first on CryptoSlate.

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Why this fork of the DeFi’s Yam Finance just surged 5,000% on the day

If you were around during this past summer’s decentralized finance (DeFi) boom, you likely remember the countless “food forks. ” After Yam Finance (YAM) launched in August, every project tried to copy it by making cryptocurrencies that were based on foods.

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Union Protocol raises $3 million to bring accessible credit to DeFi

Ever since the DeFi craze kicked-off this summer, the ecosystem has only grown in size with more protocols expanding their use cases, and even some interesting mergers aimed to make the space more intThe post Union Protocol raises $3 million to bring accessible credit to DeFi appeared first on AMBCrypto.

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First Mover: Bitcoin Rally Stalls as ‘DeFi Summer’ Proves Endless

This year's explosion in decentralized finance, or DeFi, highlighted just how much innovation was happening in digital-asset markets, beyond bitcoin.

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5 of the Best Yield Farming Opportunities For 2021

Yield farming was the defi craze of summer 2020, taking the nascent industry by storm and ushering in new ways to distribute tokens, engage communities, and strengthen network effects. After peaking in October, when yield farms helped send Ethereum network fees to record highs, the yield farming craze abated slightly due to saturation and diminished […]

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DeFi Game Aavegotchi Preps for Jan. 4 Mainnet Launch With NFT Auctions

Aavegotchi – a retro, Tamagotchi-inspired game that came to life at the end of DeFi Summer – is launching in full on Jan. 4.

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Andre Cronje: DeFi Expressionist

Andre Cronje founded the platform that kick-started 2020's DeFi summer that made thousands rich. It almost broke him.

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Ethereum Transaction Fees Rising Hints At DeFi Season Round Two

Over the summer months, Ethereum transaction fees ran hot, causing the DeFi trend and Uniswap token swapping boom to finally run out of steam. But as transaction fees begin to pick up again after a period of inactivity and downtrend, could it be a signal that another phase of DeFi dominance is about to start? […]

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This Ethereum-based DeFi token is up 3,000% in the past week alone

It appears that “aping” into new decentralized finance (DeFi) coins is back in vogue with Bitcoin pumping, Ethereum moving towards its summer highs, and money moving right down the DeFi risk curve.

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Pivotal Ethereum DeFi Metric Just Hit a New All-Time High

Even after the recent rally, the prices of top DeFi coins are down massively since the summer highs. Data from CoinGecko indicates that the average DeFi coin has dropped by approximately 60-70% from their summer highs, underperforming Bitcoin massively.

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3 Reasons Ethereum’s Future Hangs in Balance Over EIP 1559 Reform

If there’s one thing this summer’s DeFi boom taught us, it’s that the Ethereum gas fee structure needs reform. Although things have calmed down since the summer, rip off fees, and stuck transactions are still a problem for Ethereum users.

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Aave surges by 25% as DeFi bulls return

The DeFi sector saw rapid, continuous growth throughout the year, and especially during the summer of 2020. However, as the summer ended, it appeared as if the DeFi sector started losing its strength.

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DeFi Tokens Continue to Bleed as Bitcoin Dominates

Much of the interest and hype surrounding the decentralized finance (DeFi) sector that emerged this past Summer has certainly begun to tail off, especially where token prices are concerned. Many of the top-performing DeFi assets are still bleeding out despite the bullishness in the broader cryptocurrency market.

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Crypto fund manager warns Ethereum DeFi crash isn’t done, even after 75% drop

The Ethereum DeFi space has seen a rapid correction since the euphoric summer highs. The post Crypto fund manager warns Ethereum DeFi crash isn’t done, even after 75% drop appeared first on CryptoSlate.

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ETH Gobbles Up Larger Share of Genesis Loan Book as Trading Firms Feast on DeFi Summer

Genesis Trading saw the share of bitcoin in its loan portfolio drop, mainly due to demand for liquidity mining on DeFi protocols.

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With COMP Below $100, a Look Back at the ‘DeFi Summer’ It Sparked

Compound's governance token, COMP, fell below $100 early Tuesday. The DeFi token kicked off the yield farming craze way back in June.

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Trader Warns Of “Capitulation Volume” And “Heavy Downside” Across DeFi

The DeFi space rose to incredible heights all throughout 2020 but could have come to a roaring peak over the summer months. Assets like Yearn. Finance (YFI), Uniswap (UNI), or Aave (LEND) are all on the ropes, and related Ethereum-based decentralized finance tokens have fallen 60% across the board.

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Buy Signals Trigger On DeFi Tokens Chainlink & YFI As Hopes Of Rebound Mount

DeFi tokens like Chainlink and Yearn. Finance dominated the crypto market all throughout the summer months. But a recent shift in sentiment has prompted investors to derisk and these same coins have been crashing deeply.

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4 Underdogs of DeFi that you might want to consider

The decentralized finance (DeFi) market has exploded in 2020, especially during the summer of this year. Numerous projects that have extremely high potential have already been released, with many more in the pipeline.

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DeFi Buzz Drove Record $12M Earnings This Summer, Says Ethereum Miner HIVE Blockchain

The ether miner has reported its best ever quarter, saying that surging interest in DeFi led to bumper transaction fee revenues.

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NFT Sales Heat Up as Rarible Marketplace Passes $5M in Volume

While decentralized finance (DeFi) has grabbed most of the recent headlines, the non-fungible token (NFT) market has quietly picked up steam over the summer.   According to a Sept. 16 report from crypto asset data website Messari, Rarible, an NFT marketplace, has passed $5 million in sales so far this month—more than quadrupling sales numbers from August.

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Curve’s Troubled Governance Is a Warning for Other DAOs in DeFi

Several yield farming schemes this summer have made many users rich. But when it comes time to vote on protocol improvements with their newly-earned governance tokens, many farmers have been silent. 

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DeFi market review: what is it and how to make money on the new trend?

Summer 2020 has become really hot for the cryptocurrency community. All major coins are showing very good growth, and some, like Ethereum, even break price records in two years. For the first time in many months and years, the predictions for BTC at $15 – $20 thousand seem quite real. But, not only the dominance […]

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Is the DeFi boom driving the Ethereum derivatives market?

DeFi has been a widely talked-about sector over the past few months. This is not at all surprising in light of the fact that DeFi's market cap has risen exponentially over the summer. A look at DeFi PThe post Is the DeFi boom driving the Ethereum derivatives market? appeared first on AMBCrypto.

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Algorand Readies On-Chain Smart Contracts as the Summer of DeFi Rolls On

The "stateful" smart contracts are a watershed for DeFi projects, Algorand claimed.

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Yield Farming Fuels Buzz Around DeFi, but Fundamentals Are Lagging

DeFi has been the name of the game since the start of the summer, but how much is the sector really growing?

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DeFi's bright summer is putting crypto-assets in the shade

The cryptocurrency market has been stuck in a rut for quite some time now, with most of its major cryptos choosing to consolidate their positions. In fact, Bitcoin, the world's largest cryptocurrency,The post DeFi's bright summer is putting crypto-assets in the shade appeared first on AMBCrypto.

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