$104,259.00
0.51%$2,511.16
4.54%$2.37
-0.61%$658.25
-0.09%$174.31
1.60%$0.999982
0.00%$0.233515
2.55%$0.799156
0.17%$0.262131
-0.88%$2,509.73
4.27%$104,223.00
0.62%$3.98
0.29%$16.58
1.66%$3,007.74
4.51%$24.72
2.19%$0.305271
0.37%$0.00001593
0.33%$0.207295
-0.56%$3.39
-0.15%$24.64
-3.86%$413.00
-2.06%$0.999985
0.00%$5.05
-1.15%$101.29
-2.09%$8.23
-5.42%$2,511.54
4.29%$0.959243
31.03%$327.00
2.45%$2,678.65
4.27%$4.82
0.63%$0.00001297
-1.71%$0.999315
-0.01%$104,223.00
0.38%$1.00
-0.08%$30.23
-0.34%$7.09
6.65%$453.89
0.72%$3.21
6.97%$5.95
3.28%$55.66
1.06%$220.37
-0.29%$1.035
0.04%$19.87
1.54%$1.051
0.01%$5.63
2.40%$1.00
0.00%$0.099885
-2.52%$0.106333
0.82%$13.76
-3.63%$34.33
-1.48%$21.98
-1.37%$5.20
1.24%$0.03090583
0.66%$0.787563
2.48%$0.402787
5.36%$5.20
3.97%$0.261225
0.78%$0.856288
-1.48%$0.462346
18.02%$1.00
-0.09%$104,110.00
0.61%$3.16
2.92%$0.242201
2.25%$1.17
0.06%$3.17
-1.79%$4.37
0.21%$0.588072
-0.28%$1.26
6.74%$0.00002204
-1.03%$4.58
1.09%$0.559229
2.75%$1.003
-3.23%$2,509.21
4.18%$0.998265
0.11%$1,817.85
2.29%$0.873245
12.86%$2,617.32
4.29%$182.96
1.77%$96.84
2.11%$11.23
-0.03%$0.911716
-6.20%$0.261336
3.96%$1.33
-1.96%$0.724555
6.90%$0.02001994
-2.21%$1.27
-1.27%$4.69
6.09%$1.93
-1.02%$12.84
5.90%$0.076313
-1.03%$103,997.00
0.61%$2,842.22
4.56%$0.119394
0.64%$1.00
0.01%$0.780013
0.16%$1.02
7.86%$0.00010359
-1.90%$1.11
5.66%$0.02195077
8.80%$658.09
-0.12%$2,678.72
4.48%$225.13
1.65%$0.999672
-0.01%$3.15
2.70%$0.01881313
0.63%$1.00
-0.02%$0.889301
-1.25%$192.92
1.58%$0.352852
2.19%$0.01373451
-2.06%$104,115.00
0.25%$0.841698
0.19%$41.71
-1.43%$0.082996
1.19%$3,325.99
-0.20%$104,995.00
1.14%$2.43
0.20%$2,628.65
4.92%$103,713.00
0.57%$13.93
3.08%$0.0000008
-1.27%$3,328.62
-0.20%$0.624545
2.19%$23.48
1.49%$0.24613
-0.59%$1.00
0.01%$4.01
-1.48%$0.124433
0.70%$0.450117
0.97%$0.754265
1.38%$0.663531
2.34%$2,599.21
3.27%$0.366345
1.54%$42.49
0.04%$2.07
1.13%$0.186143
-0.82%$0.998293
0.02%$0.998019
-0.08%$3.84
-4.34%$0.01818113
-0.99%$1.73
-0.35%$0.233292
2.28%$0.728891
-1.54%$1.10
-0.33%$0.232689
21.84%$0.497371
5.98%$0.00996414
-4.50%$0.181548
2.27%$0.722048
2.86%$0.00601664
-0.13%$19.50
1.34%$111.00
0.00%$8.32
0.63%$2,513.59
4.33%$2,513.20
4.35%$2,674.78
4.43%$0.655988
0.48%$104,152.00
0.41%$0.480246
1.77%$4.27
5.63%$2,529.90
2.45%$0.514593
-2.99%$3.11
5.45%$0.099164
5.28%$0.998773
-0.39%$0.197884
0.42%$1.00
0.00%$6.98
2.48%$0.0000245
-1.65%$103,938.00
0.38%$0.00904558
1.54%$101,976.00
1.09%$0.065618
0.39%$0.101461
0.74%$0.706083
9.87%$1.00
0.01%$0.04796412
1.29%$2,511.55
4.21%$1.82
1.56%$0.00000115
4.21%$1.57
-5.92%$47.40
3.04%$0.261281
0.84%$0.161691
-1.64%$1.60
2.58%$1.74
22.50%$0.00000042
-4.56%$2,506.72
4.52%$1.39
9.41%$0.429063
12.48%$1.096
-0.01%$1.004
-0.05%$0.424283
2.38%$0.00578268
-4.45%$0.867205
0.76%$104,679.00
1.95%$0.00448169
-0.05%$0.187188
-2.32%$33.94
3.58%$0.00006859
-1.55%$0.888082
2.44%$0.03731775
-1.35%$0.0191899
-0.60%$1.003
0.37%$2,660.04
5.78%$0.329519
-5.72%$0.362027
2.35%$138.75
4.14%$4.33
6.46%$0.00357295
-5.89%$1.00
0.02%$21.52
-0.44%$0.350197
-5.02%$0.282827
3.67%$2,760.75
4.43%$0.739434
-0.21%$2,736.39
4.22%$24.73
2.10%$104,163.00
0.38%$0.308442
15.34%$2.97
-1.70%$0.234615
2.24%$1.001
0.21%$0.556237
0.76%$0.00000157
-0.06%$1.00
0.05%$1.00
0.02%$2,507.97
4.15%$2,706.20
4.31%$24.56
-4.15%$0.00349666
-2.91%$0.03659219
3.13%$18.72
0.92%$1.098
-0.04%$2,499.60
4.66%$24.42
1.28%$0.587505
0.06%$0.00286056
1.99%$0.714936
8.37%$0.85006
3.31%$0.288025
0.60%$3.50
2.07%$1.00
0.02%$0.122064
0.14%$0.01456853
1.58%$0.04083984
0.12%$0.00
-8.85%$0.076308
8.71%Reading
DeFi tokenstokens are so hot right now.
The total market cap for decentralized finance (DeFi) products crossed the $2 billion mark over the weekend, just weeks after the initial DeFi Market Cap launch measured the total at just over $1 billion.
Well, that was quick! All your Google searches in the past 24 hours paid off 🎢
Introducing a more detailed Google featured snippet for #DeFi Market Cap 💸 https://t.co/jVOniOJTto pic.twitter.com/YVUVF1ktcX
— DeFi Market Cap 🎢 (@defimarketcap) June 5, 2020
The doubling of the combined value of tokens connected to DeFi projects is another sign that the industry is rapidly expanding in value as users look for ways to receive loans and earn interest outside the control of bankers and legacy financial institutions.
DeFiMarketCap measures the total value of tokens connected to DeFi projects and protocols like Maker and Compound. By contrast, measurements of Total Value Locked tracked by sites like DeFi Pulse record the value of assets such as ETH and DAI used in the operations of DeFi apps for activities like providing liquidityliquidity and securing loans.
DeFi product tokens gain value by being used as a part of some function of a given protocol. For example, Maker’s MKR token is used to keep the price of DAI stable at $1 as the only currency that can be used to pay for transactions in the Maker ecosystem. Earlier in the year, Maker was forced to auction off MKR tokens for DAI to cover bad debt accumulated during the March market crash.
Maker protocol makes up more than a quarter of the total DeFi market cap with a total of more than $550 million, followed by 0x protocol with $322 million and Synthetix at $172 million.
Other popular DeFi products have their market caps spread across multiple tokens—interest bearing tokens tied to ETH or USDC on the Aave lending dapp have a total market cap of over $176 million, while Compound tokens combine for a total of nearly $134 million. DeFiMarketCap lists over 500 tokens across 18 protocols.
A new contender has entered the ring to compete with the likes of DeFi Pulse and CoinMarketCap, adding a fresh data view to the world of decentralized finance (DeFi). Analytics website DeFiMarketCap launched on Monday—a project developed by the team behind DeFi investment aggregator Zerion. The site provides information on the top DeFi tokens by market capitalization, along with other common metrics such as price and circulating supply. It’s very much like industry staple CoinMarketCap, only it’...
DeFiMarketCap was developed by the minds behind the Zerion DeFi interface and was launched April 13 with around 230 tokens listed. The site offers a DeFi focused alternative to Coin Market Cap, the popular token information site recently acquired by Binance in a move some suspect enabled the exchange to obfuscate data about potentially suspicious trading volumes.
Digital assets may be firmly in the mainstream, with institutional involvement and a crypto-friendly president in the White House. But hackers and fraudsters are having a field day so far this year. Crypto users have lost over $1.7 billion to these groups—already 14% more than 2024’s total losses of $1.49 billion, according to blockchain security firm Immunefi. In the same period last year, losses totaled $420 million, the firm said. The report comes amid ongoing concerns about the vulnerabil...
Libre, a regulated real-world asset platform, and the TON Foundation have launched a $500 million tokenized fund on The Open Network, aiming to bring Telegram’s $2.4 billion in corporate debt onto the blockchain for the first time. Dubbed the Telegram Bond Fund, the product allows institutional and accredited investors to gain exposure to Telegram’s outstanding bonds directly through the TON blockchain, according to a statement shared with Decrypt. The fund will also participate in future Telegr...
Solana decentralized exchange Raydium has deployed its native token launchpad, which is designed to rival the popular Pump.fun. This comes almost a month after Pump.fun deployed its own decentralized exchange, cutting ties with Raydium in the process. LaunchLab by Raydium offers a more sophisticated token creation process, compared to Pump.fun’s simplistic approach. The new launchpad allows for deployers to toy with the token supply, how many tokens will be sold on the bonding curve, and how muc...
