The Future of Decentralized Finance (DeFi)
The brighter future of decentralized finance (DeFi) is here. DeFi has been one of the stunning technology changing the crypto ...
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The brighter future of decentralized finance (DeFi) is here. DeFi has been one of the stunning technology changing the crypto ...
Recent data reveals that the total value locked (TVL) in decentralized finance has jumped past the $80 billion milestone, reaching heights not observed since the downfall of Terra’s stablecoin in May 2022. Leading the charge in 2024 by TVL size is Lido’s liquid staking platform, with ether-based liquid staking derivatives (LSDs) securing a dominant position [...]
The post Defis Total Value Locked Hits $80 Billion in a Dramatic Turnaround Since 2022 appeared first on Crypto Breaking News.
As of July 17, 2023, the decentralized finance (defi) sector has been witnessing a great deal of consolidation with total value locked (TVL) figures standing at $44.19 billion. Throughout most of the year in 2023, except for a brief period of seven days in April, the TVL in defi has consistently remained below the $50 [...]
The post Decentralized Finance Sector Consolidates as $44B TVL Fails to Break $50B Barrier appeared first on Crypto Breaking News.
Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last 30 days. Since March 14, a total of 281,498 ether worth $592 million have [...]
The post Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork appeared first on Crypto Breaking News.
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