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Yearn.Finance (YFI) Loses Over 45% in a Week, Further Correction Expected

Yearn.Finance (YFI) Loses Over 45% in a Week, Further Correction Expected

For the past few weeks, the DeFi market has seen major losses, including Yearn.finance’s YFI token, Uniswap’s token, SushiSwap’s token, and Curve’s token.

Uniswap Monthly Volume Surpasses Coinbase Under the Influence of the DeFi Craze

Uniswap Monthly Volume Surpasses Coinbase Under the Influence of the DeFi Craze

Under the influence of the decentralized finance (DeFi) craze, decentralized exchange Uniswap has processed $15.3 billion in monthly volume in September.

Aave (LEND) Price Skyrocketed 20,000% This Year—Is DeFi a Bubble Yet to Burst?

Aave (LEND) Price Skyrocketed 20,000% This Year—Is DeFi a Bubble Yet to Burst?

Aave’s bullish momentum has pushed its cryptocurrency LEND towards the top 20 coins by market cap after it took the number one spot in the DeFi market.

Chainlink Rebounds While Large-Cap Altcoins Lag Behind, DeFi Market Reaches $10B in Total Value Locked

Chainlink Rebounds While Large-Cap Altcoins Lag Behind, DeFi Market Reaches $10B in Total Value Locked

Chainlink (LINK) has been making over 18 percent gains in the past 24 hours, taking the lead ahead of most of the large-cap altcoins and Bitcoin.

Why Uniswap is the DeFi Catalyst for Many Projects

Why Uniswap is the DeFi Catalyst for Many Projects

If there is one thing that has been made perfectly apparent in the last year, it’s that there is incredible demand for decentralized finance (DeFi) solutions. 

Aave Reaches Highest Total Value Locked in DeFi, Overtaking MakerDAO for Most Collateral Staked

Aave Reaches Highest Total Value Locked in DeFi, Overtaking MakerDAO for Most Collateral Staked

Aave, an open-source and non-custodial lending protocol, recently reached $1.47B of crypto assets staked, overtaking MakerDAO, which has $1.45 billion in TVL.

Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype

Cryptocurrency Market Outperforms Gold in 2020, Mostly Due to DeFi Hype

According to the Bloomberg Galaxy Crypto Index, cryptos have been performing up by 66 percent in 2020, exceeding that of gold’s performance by 20 percent.

Aave Surpasses $1.7 Billion TVL Taking Number One Spot From Maker and Compound

Aave Surpasses $1.7 Billion TVL Taking Number One Spot From Maker and Compound

Aave is taking the open finance sector by storm reaching number one on the Defi Pulse rankings, beating Maker and Compound.

What is Sushiswap (SUSHI) and Why it Enabled Uniswap’s Trading Volume to Surpass Coinbase

What is Sushiswap (SUSHI) and Why it Enabled Uniswap’s Trading Volume to Surpass Coinbase

The decentralized finance (DeFi) industry has surpassed $9 billion in total value locked (TVL) recently resulting from the latest surge in popularity.

Total Value Locked in DeFi Hits $30 Billion as Positive Sentiment Surrounds Cryptocurrency Market

Total Value Locked in DeFi Hits $30 Billion as Positive Sentiment Surrounds Cryptocurrency Market

The Total Value Locked (TVL) in DeFi has topped a new all-time high at $30 billion.

DeFi to Reach $20 Billion in Total Value Locked by the end of 2020

DeFi to Reach $20 Billion in Total Value Locked by the end of 2020

The decentralized finance (DeFi) industry recently reached over $15 billion in total value locked before dropping back to $14 billion in TVL.

DeFi Tokens Surge as Bitcoin and Ethereum Hover Around Support Levels due to the Coinbase Effect

DeFi Tokens Surge as Bitcoin and Ethereum Hover Around Support Levels due to the Coinbase Effect

Following Coinbase’s announcement, AAVE, BNT, and SNT tokens all surged, rallying from 10% to 24%.

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