Defi

The quantity of Cardano's native tokens locked on DeFi apps has tripled since the beginning of the year, bringing the total worth of the ecosystem's locked assets to over 600 million $ADA. From about $49 million at the beginning of the…
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Shiba Inu, formerly known as a "meme coin," is reportedly trying to rebrand itself to join the ranks of more serious Decentralized Finance (DeFi) competitors. An important development that will alter the Shiba Inu ecology in fundamental…
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Even if DeFi traders stepped in to protect CRV after a breach at Curve Finance, a widespread crisis is still possible. The Ethereum decentralized exchange Curve Finance was hacked on July 30 owing to a flaw in the way certain pools were…
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It has come to light that this alternative currency will work with the Bank of Italy to develop tokenized assets. Tokenized assets and decentralized finance (DeFi) have been introduced as a new effort by the Bank of Italy. This…
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The previous two days have seen a roughly $800 million increase in the daily trade volumes on decentralized markets. Since yesterday, the median trading volume on the top three decentralized exchanges (DEX) has increased by 444% as…
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Sommelier, a project based on Cosmos, is currently operating cross-chain DeFi vaults on Ethereum Layer 2 network Arbitrum One. Interoperability protocol Axelar has made Sommelier, a yield optimization protocol on Cosmos, a cross-chain…
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Cardano Bitcoin (cBTC) enables the integration of Bitcoin into the ADA ecosystem. Cardano Bitcoin (cBTC) is a chance to bring the world's most popular cryptocurrency into the Cardano network. What are the benefits and drawbacks of the…
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Liqwid Labs wakes up Cardano DeFi by integrating Charli3's Oracle price feeds for the first time. Yevhen Karpenko, Twitter Ambassador for the startup DeFi, expressed his enthusiasm about "The FIRST Oracle Integration on Cardano!" on…
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Lido Finance has surpassed MakerDAO as the market's largest DeFi protocol, with $5.9 billion secured on its staking platform. Leading decentralized lending protocol MakerDAO's supremacy in the DeFi market has been usurped by the liquid…
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Ripple revealed yesterday that the long-awaited automated market maker (AMM) functionality has been deployed in a devnet. The RippleX team submitted the technical standard for XLS-30d earlier this year. This protocol-native AMM is…
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