In brief
DeFi TVL approaching ATHs once more
h/t @defipulse pic.twitter.com/SoITPR1Nwy
— Spencer Noon (@spencernoon) November 6, 2020
$84,670.00
1.40%$1,621.61
1.83%$2.18
5.67%$593.11
0.50%$130.29
4.78%$1.00
0.00%$0.165672
1.90%$0.247294
-0.73%$0.650239
2.87%$1,620.47
1.80%$84,602.00
1.39%$9.44
0.85%$20.07
5.18%$13.00
2.09%$2.34
5.84%$0.245153
2.73%$0.00001236
0.58%$0.172658
2.10%$2.90
-0.12%$1.00
0.02%$1,940.99
1.67%$342.97
9.80%$6.31
-0.97%$78.86
3.55%$3.69
2.78%$16.16
3.37%$4.38
-0.36%$0.99953
-0.07%$0.747348
10.24%$0.998914
0.06%$1,618.72
1.59%$27.70
-0.44%$207.87
0.03%$1,725.73
1.82%$5.44
2.48%$54.10
2.24%$84,642.00
1.47%$0.00000731
3.55%$4.98
2.33%$0.889209
1.16%$22.69
1.23%$33.72
7.32%$2.18
2.56%$5.14
1.12%$1.047
-0.00%$0.08945
0.42%$1.00
0.00%$0.707745
-0.34%$15.31
0.65%$144.55
3.85%$252.41
0.04%$1.16
0.06%$3.95
2.46%$0.02330443
3.70%$0.075705
3.62%$4.26
0.95%$0.333187
5.68%$84,630.00
1.59%$0.99783
-0.04%$4.05
-0.07%$8.60
4.89%$0.191949
4.19%$2.52
2.45%$0.513297
1.66%$0.187732
2.83%$2.57
-0.46%$0.309159
2.92%$3.79
2.34%$84,272.00
1.00%$10.40
-0.69%$0.502062
8.82%$0.079841
6.07%$1,380.65
1.67%$0.691465
3.29%$0.39957
3.05%$4.19
6.85%$135.88
4.60%$0.0000135
7.44%$1.039
0.58%$1.001
0.29%$0.655171
8.82%$67.64
2.81%$1,622.51
1.79%$0.77825
2.84%$0.638708
3.90%$0.01537463
2.43%$1,685.20
1.87%$0.178127
5.35%$15.02
0.87%$0.856195
-2.66%$0.999625
-0.07%$1.00
0.01%$0.01687651
16.34%$0.617729
0.60%$8.28
0.43%$0.999821
0.02%$0.326886
-2.07%$3,241.00
-0.70%$1,827.39
1.80%$0.08176
2.12%$0.430135
1.62%$4.32
44.75%$84,818.00
2.30%$0.745203
2.49%$592.99
0.45%$3,251.29
-0.95%$0.997858
-0.03%$84,695.00
1.72%$0.745425
-0.26%$0.01996332
-0.13%$0.01488501
2.50%$0.26499
1.46%$0.00000065
5.75%$1,724.07
1.86%$0.999528
0.01%$0.167473
3.46%$143.44
4.94%$0.484925
-1.71%$0.103359
0.78%$166.75
4.31%$1.96
-1.16%$28.79
1.22%$1.95
6.76%$0.35803
1.26%$0.00005825
3.87%$0.536179
-0.26%$1.76
-0.06%$34.70
-1.66%$3.38
4.31%$0.997788
-0.20%$0.558701
12.20%$0.51529
-3.40%$1,691.33
1.95%$0.264988
6.43%$0.997758
0.13%$0.135126
2.52%$14.59
1.43%$83,085.00
4.19%$0.068775
-0.32%$0.999998
0.00%$0.425158
0.14%$0.460473
7.64%$0.999999
0.00%$1.65
3.02%$0.00487143
0.55%$4.11
-1.52%$0.572675
1.61%$1.11
1.14%$0.00776592
2.23%$84,537.00
1.31%$84,842.00
0.67%$0.165459
1.63%$0.00000042
-0.95%$1.96
9.34%$1.16
1.94%$1.001
0.07%$1.08
0.01%$14.37
1.46%$0.00001992
2.35%$110.66
0.00%$1,725.88
1.78%$0.132115
-0.11%$84,536.00
1.64%$2.38
3.12%$0.999679
-0.02%$5.39
0.07%$0.584373
4.38%$0.03947005
1.77%$0.999421
-0.07%$0.072658
1.75%$0.460185
3.28%$22.56
0.28%$41.34
2.18%$5.64
0.67%$77,106.00
0.00%$1,623.41
1.88%$1,620.56
1.75%$1.001
0.01%$0.436865
2.31%$0.077281
2.55%$0.00552636
11.45%$0.29417
26.70%$0.552655
2.54%$1,624.56
2.10%$0.129041
7.77%$0.191904
4.07%$1,693.29
1.77%$0.788924
0.76%$0.00005985
1.45%$0.00621053
-0.83%$0.999975
0.10%$4.08
-2.40%$0.999542
-0.02%$0.764313
7.66%$0.00376023
1.76%$0.157375
-0.39%$0.00000153
-3.87%$0.133849
-16.32%$0.325031
1.74%$0.03078321
1.09%$0.999803
0.03%$1,617.05
1.57%$0.02973774
1.58%$1.00
0.01%$0.141584
0.20%$1,628.35
0.88%$108.81
3.00%$2.52
-2.70%$1.13
-0.55%$3,235.61
0.02%$84,552.00
1.50%$0.275504
11.96%$0.219767
1.24%$0.592606
-1.56%$84,435.00
1.47%$0.584401
6.42%$0.264839
8.27%$1,607.61
2.22%$2.68
-0.40%$20.88
0.97%$0.449472
-4.77%$0.0292249
0.27%$1.00
0.07%$0.492023
0.27%$22.27
1.47%$1,621.41
1.73%$0.1754
2.10%$1.02
0.71%$0.00039591
-1.46%$20.07
5.33%$1,714.91
2.11%$0.03377698
0.46%$0.101155
2.39%$1,701.24
1.53%$13.76
2.08%$0.01131544
3.14%$0.9984
0.01%$0.65184
-0.38%$1,775.56
1.92%$2.09
8.39%$0.00472408
12.25%$0.00243406
-5.03%$1,764.57
2.07%$83,858.00
0.74%$0.00287229
8.13%$12.63
-4.83%$0.999814
-0.01%$2.67
-4.02%Reading
The world of decentralized finance (DeFi) could be picking back up after adding over $1 billion to its smart contracts in just one week.
Since last Saturday, the total value locked into the DeFi world rose from $11.16 billion to $12.48 billion, according to figures from metrics site DeFi Pulse.
Sure, the amount of money being pumped into DeFi projects—that’s non-custodial financial products—isn’t as high as it was in the summer, and overall growth is slowing. But there is still interest and it looks like there will be for some time yet.
DeFi TVL approaching ATHs once more
h/t @defipulse pic.twitter.com/SoITPR1Nwy
— Spencer Noon (@spencernoon) November 6, 2020
The vast majority of that $12.48 billion was invested this year. Most of it is locked into Ethereum, the platform nearly all DeFi projects build upon.
The top three DeFi projects—Uniswap, Maker, Wrapped Bitcoin—contain over half of the $12.48 billion.
And as interest in DeFi projects has grown, so has the price of their tokens. In the past 24 hours, the price of yearn.finance is up 32%—bringing the value of a single YFI token to $14,275.33, according to CoinMarketCap.
While Aave has risen by 15.13% and Chainlink, nearly 7%.
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Solana decentralized exchange Raydium says it’s going live in the next week with its “flexible” token launchpad, which will address what have become user pain points on its soon-to-be competitor Pump.fun. The new platform, LaunchLab, will allow users to adjust a token’s bonding curve and tokenomics, while still offering a user-friendly cookie cutter option. Previously, Raydium had simply operated as an automated market maker and decentralized exchange on Solana; while Pump.fun rapidly grew to be...