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Value Locked in Defi Loses $5.7 Billion in 5 Days, Smart Contract Tokens Shed 7.8% in 24 Hours

The total value locked (TVL) in decentralized finance (defi) has slid 8.53% over the last five days since August 14, 2022. At the time, the TVL was $67.87 billion but…

Continue ReadingValue Locked in Defi Loses $5.7 Billion in 5 Days, Smart Contract Tokens Shed 7.8% in 24 Hours

Value Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater

During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching the $100 billion mark again, but it fell short this…

Continue ReadingValue Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater

Defi TVL and Smart Contract Platform Tokens Swell in Value With ETH, ETC Leading the Pack

The top smart contract platform tokens by market capitalization and the total value locked (TVL) in decentralized finance (defi) have swelled significantly in value during the last few days. Since…

Continue ReadingDefi TVL and Smart Contract Platform Tokens Swell in Value With ETH, ETC Leading the Pack

Value Locked in Defi Swells by $7 Billion, Tron’s TVL Spikes 34.85%, Ethereum Dominates by 62%

After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more than $7 billion. During the last…

Continue ReadingValue Locked in Defi Swells by $7 Billion, Tron’s TVL Spikes 34.85%, Ethereum Dominates by 62%

Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy

The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the…

Continue ReadingTrust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy

Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower Positions

Decentralized finance (defi) protocols are having a hard time weathering the storm, as the total value locked in defi today is down 39.26% since April 3, from $230.18 billion to…

Continue ReadingTerra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower Positions

Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days

The value locked in decentralized finance (defi) protocols has lost 17.77% over the last 30 days, falling from $221.67 billion to today’s $182.27 billion. Moreover, statistics show the total value…

Continue ReadingValue Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days

Makerdao Plans to Integrate Ethereum L2 Solution Starknet to Lower DAI Transaction Costs

The decentralized finance (defi) project Makerdao has announced its plans to support the zero-knowledge (ZK) rollup solution Starknet in order to make DAI transactions faster and network costs cheaper. Starknet…

Continue ReadingMakerdao Plans to Integrate Ethereum L2 Solution Starknet to Lower DAI Transaction Costs