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DeFi
Total value locked in DeFi surpasses multiple countries’ GDP
The Decentralized Finance (DeFi) ecosystem is heating up with a massive capital inflow. Most cryptocurrencies are experiencing price surges while investors lock up value on Web3 protocols. Notably,…
Blast L2 TVL Over $830 Million, Upgrade Announced by Paradigm
A novel farming project Blast, which has already amassed over $830 million in deposits, is working together with its key investor Paradigm to get rid of controversial narratives. Here's how they are…
Cardano Just Achieved Major Milestone in DeFi Space
Cardano has broken into the top 10 by total value locked (TVL), with a recent peak at $343 million. This milestone for the Cardano blockchain shows interest and engagement in its DeFi ecosystem.…
DeFi share in crypto market increases by 18% in November
In November, the decentralized finance (DeFi) sector’s share of the cryptocurrency market increased by 18% compared to last month. November also turned green for non-fungible tokens (NFTs). Trading…
Orbs boosts BNB Chain-based THENA DEX with $600K Investment
Blockchain Infrastructure Company Orbs is making significant strides in the decentralized finance (DeFi) space with a substantial investment in THENA, a liquidity layer and decentralized exchange…
Ethereum’s Lido Finance Sees 7% Increase in Total Locked Value (TVL)
Ethereum (ETH) leader liquid staking protocol Lido Finance (LDO) saw an increase in total locked value (TVL) of nearly 7% last week. This may be due to the increase in ETH and Polygon (MATIC) prices…
Solana Protocol Kamino Eyes Airdrop Following Jito Token Launch
Solana's (SOL) fastest-growing decentralized finance protocol, Kamino Finance, will shortly launch a points program, a contributor said Thursday, a move that sets the stage for a future token airdrop.…
What Is Defi? An Explainer And Guide
Decentralized Finance, commonly known as DeFi, is rapidly reshaping the landscape of financial transactions and systems in our increasingly digital world. This innovative approach to finance merges…
Flare Network Unveils FAssets, Eyeing $800B Crypto Market Boost
The Flare Network has announced the launch of its FAssets system, a platform designed to integrate non-smart contract digital assets like XRP, Bitcoin, and Dogecoin into the realm of decentralized…
Does DeFi still have a chance at fulfilling its promise?
Decentralized finance (DeFi) emerged as a movement with the promise of revolutionizing the global financial system based on a simple yet powerful premise — offering access to better solutions with…