Frax Finance Targets $100B Value Locked in Singularity Roadmap
Frax’s singularity roadmap has set a target of $100 billion in TVL for its layer 2 Fraxtal.
DeFi
DeFi volume growth resembles 2021’s bull market
Decentralized Finance (DeFi) has grown significantly in the past few years according to total value locked (TVL) and exchanged volume. … Continue reading
The post DeFi volume growth resembles 2021’s bull market appeared first on Finbold.
Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo
In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.
Meme Coins Strongly Correlated to Network Growth: Franklin Templeton
Meme coin markets have boomed in tandem with the growth of addresses on their underlying blockchains.
DeFi Borrower Behavior Key to Gauging Tokenization Risks: BIS Study
The study was designed to look at the largely unexplored “intricacies” of user behavior and dynamics of decentralized finance lending, the authors said.
Seeking Yield on $37M Ether Treasury, JPEG’d DAO Mulls Airdrop Farming
“There are possibilities to solidify the treasury at low risk,” pseudonymous JPEG’d contributor 0xTutti told CoinDesk.
Ether’s Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein
The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said.
U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar’s Global Strength
Crypto critics often warn of digital currencies’ potential to destabilize the U.S. dollar, but Federal Reserve Gov. Christopher Waller argued that stablecoins’ dependence on the dollar could actually strengthen the U.S. fiat currency as decentralized finance (DeFi) catches on.
As Tokenization Takes off, Look to DAOs
(Jp Valery/Unsplash)
Only 4 U.S. hedge funds beat DeFi in assets under management
Decentralized finance (DeFi) is on a rally, surpassing $65 billion in total value locked (TVL). With this accomplishment, DeFi is … Continue reading
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