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Total Value Locked Across Multiple Defi Chains Nears $200 Billion — Ethereum’s TVL Dominance 69%
5.10.2021
While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance (defi) tokens have seen tremendous gains. Furthermore, the total value locked in defi has risen to $195 billion, jumping more than 14% over the last two weeks from...
Axie Infinity Co-Founder Says Blockchain Game Plans to Launch a Decentralized Exchange
3.10.2021
Sky Mavis, the team that created the Ethereum-powered non-fungible token (NFT) game Axie Infinity, revealed the project plans to launch a decentralized exchange (dex), according to the company’s co-founder Jeff Zirlin during a podcast with Frank Chaparro. Moreover, Axie Infinity recently...
Dydx Trading Volumes Explode After Latest Chinese Crypto Ban
1.10.2021
Dydx, a decentralized exchange, has seen its trading volumes explode in the last few days, surpassing other recognized decentralized exchanges like Uniswap and Pancakeswap. Some analysts have suggested this might be the result of the latest Chinese cryptocurrency ban causing China-based users...
Defi TVL Climbs Higher, Optimism Use Rises, 270K BTC on ETH, Lending on ETH Taps $44 Billion
18.9.2021
In mid-September, the total-value locked (TVL) in decentralized finance (defi) continues to climb higher, as the value held on Ethereum, Binance Smart Chain, Avalanche, Solana, and more blockchains has risen dramatically to $171 billion today. On the Ethereum network, there’s 270,783 bitcoin...
SushiSwap leads DEX token gains as SUSHI price rises by 23% in 24 hours
16.9.2021
SUSHI price reached its best level in four months while its top rivals Uniswap, THORChain, and PancakeSwap also saw gains
Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam
5.9.2021
At the time of writing, the total value locked (TVL) in decentralized finance (defi) is around $176 billion across various blockchains like Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While Ethereum commands $130 billion of the aggregate total locked, a myriad of other defi-fueled...
Data suggests Uniswap is 36% overvalued and SushiSwap trades at a discount
1.9.2021
An exchange token valuation methodology suggests that SUSHI trades at a 33% discount and that UNI price is 36% overvalued
Here’s Why ApeSwap Is a More Engaging and Exciting Alternative to PancakeSwap
31.8.2021
ApeSwap, a decentralized or non-custodial exchange (DEX) built on the Binance Smart Chain (BSC) and Polygon, aims to provide the best trading experience possible. ApeSwap users are incentivized to pool liquidity on ApeSwap via yield farming to earn the project’s native cryptocurrency, $BANANA....
Top 5 cryptocurrencies to watch this week: BTC, ADA, AVAX, CAKE, ATOM
22.8.2021
Bitcoin price continues to encounter resistance at the $50,000 level, but the rounding bottom pattern seen in most altcoins is a signal that traders intend to push prices higher
Weekly Defi Swaps Tap $17 Billion While Dex Aggregators Now Share 22% of the Trade Volume
19.8.2021
Over the last seven days, decentralized exchange (dex) trade volume has tapped $17 billion across the 21 Ethereum dex platforms. Pancakeswap has seen between $400K to $860K every 24 hours during the last week as well. Meanwhile, dex aggregators are eating away at dex trade volumes, becoming more...
iBG: The Insured (POSI) DeFi Token Begins Its Highly Anticipated Yield Farming
19.8.2021
PRESS RELEASE. Singapore – Following the much-awaited launch of the world’s first and only insured (POSI) DeFi token on PancakeSwap, iBG users can now expect the roll-out of yield farming, which will give every member of the community more opportunities at maintaining liquidity...
Leonicorn Swap Token ($LEOS) Is Now Trading on BitMart
15.8.2021
PRESS RELEASE. BitMart has listed $LEOS, the utility token powering the Leonicorn Swap platform. Based on the Binance Smart Chain (BSC) ecosystem, the $LEOS token is also available on the PancakeSwap decentralized exchange. $LEOS is the native token from the Leonicorn Swap, a decentralized exchange...
A Deeper Look Into The Pirate Bay’s Mysterious ‘Piratetoken’ Soft Launch
25.7.2021
In mid-May, the popular and perhaps the largest torrent tracker on the internet, The Pirate Bay, mysteriously revealed a new cryptocurrency called piratetoken (TPB). The token has seen a 20% gain in 30 days and following the quiet launch, the torrent tracker’s website explained that the...
BonFi is Now Available on PancakeSwap
20.7.2021
BonFi has now been made available at the Blockchain of PancakeSwap. The BNF token used to be minted on the Ethereum network and has since then been compatible with the ERC-20 standard. According to PancakeSwap price prediction, the current market cap of the platform is $1,189,223,408,808....
Data Shows Decentralized Finance Took a Hit in Q2 but Is Still Booming
17.7.2021
While decentralized finance took a hit in Q2, stats still show there is an important movement in these protocols. Data taken from Messari’s Q2’21 defi review show that decentralized exchanges are busy settling important numbers. Decentralized Finance Bruised but Still Up...
PancakeSwap Partners with Chainlink for Provable Fairness
16.7.2021
PancakeSwap is on a roll yet again, and this time the platform has announced an integration of its mainnet with Chainlink VRF (Verifiable Random Function). The integration is important for empowering PancakeSwap Lottery V2 with provable fairness, according to PancakeSwap price prediction reports....
Baby Doge Sheds Over 40% This Week Despite NASCAR Debut and Animal Shelter Donation
12.7.2021
The popular meme token baby doge has slid quite a bit in value even after the token’s image was plastered all over Brandonbilt Motorsports’ No. 68 Chevrolet Camaro at the NASCAR Xfinity Series in Atlanta this past weekend. On Monday, baby doge statistics show the coin has dropped 42%...
Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, CAKE, FTT
11.7.2021
If Bitcoin price remains range-bound, altcoins like LUNA, ATOM, CAKE and FTT could continue to move higher over the coming week
Shibaswap Dex Captures $1.5 Billion Locked in 2 Days, SHIB Platform Bumps ETH Fees Higher
8.7.2021
The crypto asset shiba inu (SHIB) now has a decentralized exchange (dex) platform called Shibaswap and since the trading protocol’s launch, the dex has $1.55 billion total value locked (TVL). The SHIB-fueled dex has a lot more liquidity than most platforms today as Shibaswap has been catching...
248% Weekly Gains — Baby Doge Coin Continues to Rally While Most Crypto Asset Markets Slump
5.7.2021
Four days ago, the crypto community and mainstream audiences caught a whiff of a new meme-based crypto asset called baby doge. The coin got a lot more attention when Tesla’s Elon Musk tweeted about baby doge and almost immediately after the tweet, the asset’s value skyrocketed. Musk...