• Latest
  • Trending
DeFi Industry Reaches New ATH with $210 Billion Total Value Locked Thanks to These Projects

DeFi Industry Reaches New ATH with $210 Billion Total Value Locked Thanks to These Projects

October 8, 2021
Web 3.0 Developers Get the ‘Magical’ AI, CyberShib, for the Development of New Projects

Web 3.0 Developers Get the ‘Magical’ AI, CyberShib, for the Development of New Projects

March 15, 2023
1 year after $11M LUNC bets; Do Kwon wanted, funds paid, hedge stuck on FTX

1 year after $11M LUNC bets; Do Kwon wanted, funds paid, hedge stuck on FTX

March 15, 2023
BlackRock CEO Touts Next Big Thing in Crypto

BlackRock CEO Touts Next Big Thing in Crypto

March 15, 2023
Why is Ethereum falling against Bitcoin? Maxis loudly celebrate but miss the point

Why is Ethereum falling against Bitcoin? Maxis loudly celebrate but miss the point

March 15, 2023
Expanded margin pairs available for FTM, LDO, OCEAN and PAXG!

Expanded margin pairs available for FTM, LDO, OCEAN and PAXG!

March 15, 2023
Bitcoin BTC Price Slides Below 24.5K as European Banking Woes Spook Investors

Bitcoin BTC Price Slides Below 24.5K as European Banking Woes Spook Investors

March 15, 2023
Oasis launches Oasis Origin on BSC, a new on-chain version on BSC.

Oasis launches Oasis Origin on BSC, a new on-chain version on BSC.

March 15, 2023
Senator Warren says Fed chair ‘has to recuse himself’ from reviewing regulatory failures

Senator Warren says Fed chair ‘has to recuse himself’ from reviewing regulatory failures

March 15, 2023
HowToPulse.com Launches NFTonPulse.io, a Brand New NFT Marketplace

HowToPulse.com Launches NFTonPulse.io, a Brand New NFT Marketplace

March 15, 2023
  • Privacy Policy
Wednesday, March 15, 2023
Mount Rushmore Crypto
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Mount Rushmore Crypto
No Result
View All Result
Home Crypto

DeFi Industry Reaches New ATH with $210 Billion Total Value Locked Thanks to These Projects

J_News by J_News
October 8, 2021
in Crypto, Top News
0
DeFi Industry Reaches New ATH with $210 Billion Total Value Locked Thanks to These Projects
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter


Arman Shirinyan

DeFi industry remains highly diverse while reaching a new ATH

Related articles

Web 3.0 Developers Get the ‘Magical’ AI, CyberShib, for the Development of New Projects

Web 3.0 Developers Get the ‘Magical’ AI, CyberShib, for the Development of New Projects

March 15, 2023
1 year after $11M LUNC bets; Do Kwon wanted, funds paid, hedge stuck on FTX

1 year after $11M LUNC bets; Do Kwon wanted, funds paid, hedge stuck on FTX

March 15, 2023

Numerous projects tied to the DeFi industry have enjoyed rapid growth recently, with Fantom TVL reaching $7 billion with a 140% rise, AnySwap with 114% growth and the industry’s total value locked reaching a new ATH of $210 billion, according to DeFiLiama.

The largest TVL contributors remain Curve, AAVE and MakerDAO with $43 billion of value locked in total. At press time, the industry’s TVL remains at $210 billion, with a negative change of 4% today.

DeFi TVL
Source: DeFiLiama

The main reason for industry growth is most likely tied to overall inflows of funds back into the cryptocurrency market. Previously, the ATH in TVL for the DeFi industry was reached back in May, when the Bitcoin sell-off started.

The total value locked in DeFi has been growing since July, sometimes outperforming Bitcoin and the altcoins market. The popularity of the industry is tied to the passive income solutions that most DeFi platforms offer. Users are able to take and give loans in stablecoins by overcollateralizing.

Ethereum still remains the most popular chain in the industry with the majority of projects functioning on it despite high fees and constant periods of network congestion.

Previously, the Soros fund manager expressed her thoughts on the cryptocurrency industry and shared that the fund is researching the DeFi industry, which might indicate the fund’s intention to invest in the industry in the future.



Source link

ShareTweetShareShare
Previous Post

MoneyGram Partners With Circle And Stellar to Launch Cash In And Cash Out Links to USDC

Next Post

Indian TikTok challenger raises $19M to launch social token on Solana

Related Posts

Web 3.0 Developers Get the ‘Magical’ AI, CyberShib, for the Development of New Projects

Web 3.0 Developers Get the ‘Magical’ AI, CyberShib, for the Development of New Projects

by J_News
March 15, 2023
0

Artificial Intelligence (AI) is being increasingly utilized by the masses and this use is not just limited to getting questions...

1 year after $11M LUNC bets; Do Kwon wanted, funds paid, hedge stuck on FTX

1 year after $11M LUNC bets; Do Kwon wanted, funds paid, hedge stuck on FTX

by J_News
March 15, 2023
0

Approximately one year prior, on Mar. 14, 2022, cryptocurrency trader GiganticRebirth (GCR) invited the then co-founder of CEO of Terraform...

BlackRock CEO Touts Next Big Thing in Crypto

BlackRock CEO Touts Next Big Thing in Crypto

by J_News
March 15, 2023
0

Alex Dovbnya BlackRock CEO Larry Fink has suggested that the next big trend in the crypto industry could be tokenization...

Why is Ethereum falling against Bitcoin? Maxis loudly celebrate but miss the point

Why is Ethereum falling against Bitcoin? Maxis loudly celebrate but miss the point

by J_News
March 15, 2023
0

Key Takeaways Ethereum has fallen against Bitcoin thus far this year This is unusual as the market has risen, and...

Expanded margin pairs available for FTM, LDO, OCEAN and PAXG!

Expanded margin pairs available for FTM, LDO, OCEAN and PAXG!

by J_News
March 15, 2023
0

We’re thrilled to announce that Kraken now supports new margin pairs for Fantom (FTM), Lido DAO (LDO), Ocean Protocol (OCEAN)...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

The 7 Best New ICOs To Buy in 2023

Join CoinStats Affiliate Program & Earn 40% of All Premium Sales

Crypto Narratives to look out for in 2023 | by Blockchain Jew | The Capital Platform | Feb, 2023

© 2021 mtrushmorecrypto - Crypto Related News Blog

No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT