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Yearn.finance's yETH Vault Getting Filled With Ethereum


The yETH vault from yearn.finance (YFI), a vault for yield farming with ethereum (ETH), was launched a day ago, and it's growth could hardly go unnoticed. The Cryptoverse is today focused on the yETH vault, and particularly its overnight growth. People were commenting on it holding ETH 215,000...

BitMax Exchange Adds Support For OIN Finance To Promote DeFi


Working as a powerful DeFi portal built on Ontology, OIN Finance has announced OIN token’s listing on the popular Singapore-based digital asset trading exchange, BitMax. The deposit and withdrawal for OIN assets began at 10 PM EDT on September 2, whereas the token trading was kickstarted at 10...

Money Market Protocol Aave Settles $300 Million in Defi Flash Loans


This weekend the decentralized money market protocol Aave broke records as the community witnessed a massive flash loan of $14 million worth of the stablecoin DAI. So far, the Aave protocol has seen over $300 million in flash loans to-date and this trend doesn’t seem to be abating any time...

Defi Platform Uniswap Outpaces Coinbase Pro in Global Trade Volume


The decentralized exchange (dex) Uniswap has seen a massive amount of trade volume during the last seven days. Following Uniswap’s rapid increase in global trade volumes, the platform’s founder Hayden Adams celebrated the dex outpacing the centralized exchange Coinbase’s volumes...

Yearn.finance Continues Rally As Traders Pay Almost 3 Bitcoin Per YFI


After a month of extraordinary returns of more than 740%, DeFi darling yearn.finance (YFI) keeps climbing today, while traders remain divided on whether the top has been reached for the price or if it still has room to grow. As of press time on Monday (10:28 UTC), YFI was up by 3.5% over the past...

Total Value Locked in Defi Jumped 85% in August, $8 Billion in Assets Held


A lot has changed during the last month, as the popular decentralized finance (defi) ecosystem has swelled considerably in value. Since the first week of August, the total value locked in defi jumped over 85% in 27 days from $4.2 billion to $7.88 billion on August 30. The total value locked (TVL)...

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