We do the research, you get the alpha!
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$64,595.00
1.55%$3,168.61
1.34%$7.25
0.88%$594.22
0.54%$147.70
1.06%$1.002
0.15%$3,164.85
1.26%$0.532764
-0.60%$0.162301
-0.48%$5.97
4.68%$0.46446
-0.72%$0.00002502
-1.95%$37.49
3.45%$0.121644
-0.91%$64,446.00
1.43%$470.99
1.05%$14.54
1.90%$7.47
9.02%$0.739524
0.36%$13.14
-1.34%$81.65
-0.81%$2.35
8.01%$7.55
0.09%$5.85
0.85%$27.65
1.68%$9.26
1.35%$0.110614
1.22%$1.002
0.18%$9.78
11.57%$0.13446
0.56%$0.00000856
-0.82%$9.20
4.88%$1.067
1.45%$2.36
-1.31%$6.14
0.09%$3.29
-2.47%$2.25
0.90%$0.111398
-0.05%$3,279.03
1.28%$3.13
-0.45%$52.00
2.09%$3,119.92
1.43%$2.95
-1.24%$457.74
2.00%$1.088
1.88%$0.294763
5.68%$0.03751126
0.77%$2,942.30
0.94%$40.65
15.78%$1.11
1.27%$0.110114
-0.84%$128.85
3.74%$1.00
0.10%$2.26
3.21%$24.62
-0.40%$0.706653
2.04%$10.39
3.16%$0.00019184
-1.13%$2.07
-0.65%$0.00002702
-1.76%$3,493.97
1.14%$5.34
0.91%$2.00
-3.46%$0.04763725
4.49%$1.16
0.95%$0.199476
2.94%$0.574587
1.12%$3,243.69
1.03%$102.10
-2.00%$1.074
0.87%$10.03
0.17%$0.923325
1.22%$0.02532027
1.25%$90.29
1.30%$65.45
0.07%$2.29
5.36%$0.978087
8.56%$0.00000127
0.19%$0.679698
-7.26%$0.03109327
-1.33%$0.835031
1.98%$1.24
0.78%$16.92
0.79%$5.04
16.90%$5.73
11.87%$0.819195
-2.11%$0.02229065
-5.18%$41.95
1.48%$7.60
1.48%$0.122491
1.88%$8.05
0.02%$0.457231
0.67%$0.00005104
-0.58%$10.32
0.73%$1.35
-0.65%$0.02025465
8.58%$12.21
0.43%$0.975883
0.15%$0.829393
0.83%$5.78
-1.44%$2.88
0.25%$0.85761
1.40%$175.19
1.24%$2.80
1.35%$0.226285
-0.31%$15.61
0.56%$40.56
-0.62%$0.457139
1.54%$0.01917442
-1.69%$3,147.57
0.96%$3,181.20
1.58%$318.71
2.09%$0.550204
1.41%$1.26
-0.41%$0.753002
7.51%$1.27
1.81%$13.51
2.91%$0.01101829
-2.84%$0.698415
2.11%$0.230447
0.53%$1.74
-0.36%$0.997674
0.11%$1.30
-0.46%$0.111503
2.41%$2.74
0.77%$17.76
-4.02%$2.29
5.40%$174.55
0.95%$0.186158
1.14%$38.35
3.75%$0.099741
3.76%$3,335.86
1.22%$0.413687
1.52%$0.999134
-0.02%$100.31
1.69%$0.989526
8.69%$0.776854
-0.10%$3,152.73
1.05%$0.00010892
0.63%$0.629831
13.30%$1.97
1.50%$0.912774
3.68%$1.68
2.25%$0.603992
-10.04%$3,374.67
1.01%$0.00000028
-0.91%$2.67
17.94%$0.309249
3.92%$2,312.61
0.39%$0.099914
1.08%$3.37
2.47%$0.33342
-1.49%$0.057155
-1.61%$0.443925
0.55%$1.22
-2.71%$0.385235
-1.08%$0.0367134
0.68%$1.003
0.17%$3,424.64
1.32%$0.050213
-0.19%$0.00145024
-1.07%$5.14
0.04%$15.94
2.75%$1.16
-3.06%$4.93
-0.42%$14.98
9.73%$0.04593209
-1.09%$4.12
4.05%$0.00000048
-0.05%$1.85
3.42%$0.02656701
0.54%$0.02498812
1.22%$0.393649
1.10%$0.310715
0.50%$0.991309
3.99%$0.231422
1.93%$0.00250969
1.02%$0.00791841
-0.64%$1.69
2.75%$0.825483
1.44%$0.03138868
2.02%$3.73
0.10%$0.506114
1.61%$21.03
1.27%$3.94
2.77%$2,292.84
0.48%$0.00472342
-8.66%$0.00737644
0.66%$0.080787
1.64%$3.43
-3.20%$0.605491
0.45%$0.394357
0.94%$1.75
10.25%$0.563517
0.48%$58.66
0.83%$3.81
1.21%$3,242.09
0.97%$1,293.77
1.20%$0.252962
0.93%$0.928872
2.14%$63.47
1.00%$0.806469
-3.57%$0.03817271
2.84%$0.474356
1.67%$0.03003234
0.60%$0.03950499
2.01%$62.52
1.28%$23.48
1.15%$0.00691855
9.17%$4.43
1.41%$21.75
1.44%$0.04109656
0.43%$29.41
-0.66%$0.696888
0.57%$0.444072
3.27%$33.05
-1.82%$5.22
1.79%$0.781865
3.81%$0.369794
0.56%$0.26442
2.71%$3.43
2.45%$0.890662
7.32%$1.001
0.15%$0.03293734
0.19%$0.938018
4.32%$0.49779
10.60%$45.48
2.51%$41.38
1.81%$8.03
1.05%$3.20
-8.80%$0.353443
9.11%$3.38
1.14%$3.63
17.82%$0.436346
5.01%$0.02309397
0.39%$2.01
-0.12%$2.50
4.48%$0.107414
-5.39%$42.69
3.42%$0.00
-0.53%$1.91
-8.23%$0.185409
-0.39%$3.75
-4.01%$3,301.71
0.97%$67.91
1.78%$0.19275
9.68%$0.0034491
-7.44%$0.311879
2.51%Popular DeFi lending Aave (LEND) is booming once again today, after racking up a further 16.2% growth in the last 24 hours to reach its current value of $0.841.
Aave has been on an almost unrelenting uptrend for almost a year now, and has seen its price climb from $0.0043 a year ago, up to its all-time highest value of $0.862 earlier today. In total, this represents a gain of almost 20,000% in the last year—making LEND one of the best performing cryptocurrencies of all time.
LEND has also put on a strong performance in the short term, having gained 44.6% in the last week, 109.8% in the last fortnight, and 211.3% in the last 30 days. This growth positions Aave as the 21st largest cryptocurrency by market capitalization, with a market cap just north of $1.06 billion.
This growth appears to be a direct consequence of Aave's rapidly growing popularity as a DeFi lending platform—since the total value of cryptocurrencies locked up in the platform has multiplied more than ten-fold in the last two months. As per stats from DeFi Pulse, Aave is now the most successful DeFi platform with around $1.52 billion in cryptocurrencies locked in the protocol.
Aave isn't the only DeFi cryptocurrency to have shot through the roof this morning. Other smaller DeFi platforms including Serum (SRM) and YFII-Finance (YFII) have also gained more than 10% today. Reserve Rights Token (RSR) is up 7% since yesterday after being listed on Binance, whereas micro-cap DeFi asset OpenPredict (OPT) is up 38.6% in the last day.
Overall, there is now more than $7 billion in cryptocurrencies locked up in DeFi—a gain of more than 600% in the last 3 months. Another sign of a growing bubble.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.