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Total Value Locked in Defi Surpasses $4 Billion, ETH Up Over 70% Last 30-Days
3.8.2020
Statistics show that the decentralized finance (defi) economy has grown massively this year as the total value locked (TVL) in defi recently surpassed $4 billion. Between dex platforms, derivatives, stablecoins, lending, and non-fungible asset creation the second quarter of 2020 has propelled...
Zero Collateral: $138 Million in Defi Flash Loans Issued in 24 Hours
30.7.2020
The decentralized finance (defi) realm continues to heat up with concepts like yield farming, but another scheme called defi flash loans has also grown exponential. On Monday, the noncustodial lending protocol Aave issued $138 million in loans with zero collateral. Since the last week of June, defi...
Popular BTC Derivatives Product Goes Live on DeFi’s dYdX
13.5.2020
Andreessen Horowitz-backed dYdX released its Bitcoin Perpetual Contract out of private alpha on Wednesday, bringing a key BTC derivatives product to DeFi
Dydx Processed $1.1 Billion Cryptocurrency Loans in 12 Months — 70% in Just 60 Days
23.4.2020
Cryptocurrency lender Dydx advanced a total of $1.14 billion in digital asset loans over the past 12 months. But about 70% of the money was borrowed in just two months, February and March, as coronavirus-linked volatility triggered a frenzy of borrowing among investors. Monthly volume remained...
dYdX’s Crypto Loans Hit $1B as Traders Scramble to Capitalize on Coronavirus-led Volatility
23.4.2020
Volatility amid the COVID-19 pandemic has proven attractive to traders
DYdX’s Generates $1B in DeFi Loans Over One Year
20.4.2020
DeFi lending protocol dYdX has processed more than $1.1 billion in loans in its first year of operation
Thursday’s Market Madness Strained Ethereum’s Killer App: DeFi
13.3.2020
So many people were trying to use the Ethereum blockchain during Thursday’s market meltdown that many applications simply stopped working as intended
Is It Exploitation Season for DeFi?
18.2.2020
Are two recent attacks taking advantage of "flashloans," low liquidity and price oracle issues the first of more to come?
dYdX Open Trading Platform: Powering Decentralized Finance to New Heights
9.1.2020
The evolution of cryptocurrency powered by blockchain technology has led to the creation of an alternative ecosystem in the financial market. Challenging the dominance of fiat currencies, which are supported by a strong set of intermediaries like banks, financial institutions, and payment gateways...
Coinbase to Invest $2 Million USDC in DeFi Projects Compound and dYdX
10.9.2019
Coinbase is launching a new effort to grow the DeFi ecosystem, starting with USDC investments in Compound and dYdX