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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)...

Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K


The decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high of $30,324 on Saturday evening. Yearn’s token YFI has been recently added to the Aave platform and the project’s founder, Andre Cronje, is currently...

YAM Will Never 'Become Money', YFI Exceeds Bitcoin Price


Despite branding itself as money, the much-discussed and recently troubled decentralized finance (DeFi) token YAM will never achieve this, and real utility for the token must be found to keep the bubble from popping, popular crypto researcher Hasu said. Meanwhile, DeFi token YFI became the first...

DeFi Extravaganza: DeFi Exceeds USD 6B, Curve Drops and YFI Rises


Source: Adobe/Сергей Шиманович After yet another eventful weekend in the fast-paced world of decentralized finance (DeFi), the surging popularity of DeFi protocol Curve, as well as a fast-growing “valueless” token, followed by a poll revealing that many crypto investors have no clue about DeFi,...

DeFi Moves: Maker, Ampleforth Hit Milestones, YFI Corrects '100x' Gains


Source: Adobe/Сергей Шиманович After a wild ride higher in recent months, tokens in the decentralized finance (DeFi) space are taking a breather today, while the growth in total USD value locked in DeFi protocols is also on pause after more than 10 days of uninterrupted growth. In terms of total...

YFI Grabs Yield Farmers' Attention as DeFi Hits USD 3bn Milestone


It's getting busier in the world of decentralized finance (DeFi) every day: the total value locked surpassed USD 3 billion, while a new governance token took the yield farming spotlight. DeFi has been hitting major milestones over the past few months, with the total value locked (TVL) rising...

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