On May 6, 2021, the total locked value (TVL) held by decentralized finance (defi) is more than $77 billion. Much of this money is used by decentralized exchange (dex) platforms and liquidity pools. With dex platforms capturing over $2 billion in trade volume daily and $18 billion during the last seven days, a project called […]
Just recently, Shapeshift founder and CEO Erik Voorhees published a blog post about a new project called Thorchain, a protocol that allows for decentralized exchanges without wrapping or bridging technology commonly used today. Thorchain launched on April 13, 2021, and the Shapeshift founder recently revealed his company is first to leverage the multi-chain protocol in […]
SushiSwap wants to offer a wider net of margin assets than independent DeFi lending platforms.
While cryptocurrency markets have been red hot and gaining in value, demand for certain assets and liquidity has grown massive. At the same time, a myriad of crypto proponents are chasing significant returns by hunting for liquidity pools with colossal yields. These days certain decentralized finance (defi) applications can give a yearly ROI upwards of […]
The explosive rally from Skale and Polygon proves that the Coinbase effect continues to be a potent price mover for small and large-cap altcoins.
Ethereum fees have pulled back from their recent highs alongside a decline in DeFi transaction volumes but the rise of NFTs could push transaction costs back to new highs.
Top decentralized exchanges are exploring alternatives to Ethereum amid high gas prices, with SushiSwap porting its platform onto five additional networks.
Soaring Etheruem gas costs are driving investors and protocols to take a closer look at layer-2 solutions like Matic, Loopring and xDai.
These DEX tokens are quietly accruing triple-digit gains as the total value locked in DeFi reaches new highs each week.
DEX trading volumes on Ethereum hit $63 billion in January, smashing the sector’s previous record of $28 billion.