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Terra Protocol Surpasses Binance Smart Chain in Terms of Value Locked in Defi

The total value locked (TVL) in decentralized finance (defi) has rebounded in fiat value after suffering some losses last week. Statistics indicate that the $248 billion TVL in defi has…

Continue ReadingTerra Protocol Surpasses Binance Smart Chain in Terms of Value Locked in Defi

Stablecoin Flippening: UST Becomes the Biggest Decentralized Stablecoin By Market Cap

UST, one of the stablecoins of the Terra project, has become the largest stablecoin by market capitalization today, after having surpassed its Ethereum-based rival, DAI. UST is now the largest…

Continue ReadingStablecoin Flippening: UST Becomes the Biggest Decentralized Stablecoin By Market Cap

Value Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign

The total value locked (TVL) in decentralized finance has slid 15.63% since the metric’s all-time high of $275 billion sixteen days ago on December 1. Since the end of the…

Continue ReadingValue Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign