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Sky Reports Over 1 Billion USDS Minted Since August Rebrand


It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and the SKY token. During this time, more than a billion USDS coins have been minted, and 530 million DAI have been converted to the new standard....

Bitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value


This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total value locked (TVL). The latest figures reveal that more than 56% of this total is held within...

Ethereum Still Holds the Lion’s Share of Defi TVL as Tron and Solana Rise


Currently, the total value locked (TVL) in decentralized finance (defi) stands at $82.2 billion, with Ethereum hosting a commanding 57.24% of that amount. Hot on its heels, Tron and Solana take the second and third spots for the largest TVLs today. Ethereum Reigns Supreme in Defi With 57% of Total...

Real-World Assets Hits New Peak With $8 Billion Locked, Reports Messari


The total value locked (TVL) in real-world asset (RWA) tokenization protocols has seen a remarkable surge of almost 60% since February, reaching a new high of almost $8 billion as of April 26, according to a report by blockchain analytics and research firm Messari. This growth is attributed to...

Bitcoin Surge Propels DeFi TVL Past $100 Billion Milestone


The decentralized finance (DeFi) sector has surpassed a significant milestone, with the total value locked (TVL) in DeFi protocols exceeding $100 billion. The post Bitcoin Surge Propels DeFi TVL Past $100 Billion Milestone appeared first on Cryptonews

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