In brief
DeFi TVL approaching ATHs once more
h/t @defipulse pic.twitter.com/SoITPR1Nwy
— Spencer Noon (@spencernoon) November 6, 2020
$107,293.00
1.35%$2,551.22
-0.27%$2.37
-0.37%$661.80
1.72%$170.31
0.58%$0.999869
0.00%$0.2303
2.06%$0.75717
1.99%$0.269643
0.59%$2,546.61
-0.37%$107,178.00
1.30%$3.88
0.27%$3,066.08
-0.28%$15.91
-0.93%$22.64
1.10%$0.289257
1.07%$26.36
-0.56%$0.00001475
0.45%$0.19548
-0.21%$8.82
1.30%$396.96
0.53%$3.09
1.35%$4.74
2.26%$95.03
-2.62%$2,555.20
-0.14%$0.999833
0.00%$359.25
3.50%$2,720.97
-0.12%$5.19
-0.16%$0.999982
-0.04%$0.829615
12.68%$0.00001358
1.91%$1.001
0.07%$107,152.00
1.13%$30.25
0.29%$257.97
-3.10%$6.33
5.86%$421.94
1.55%$2.83
-0.06%$5.20
-0.61%$52.44
-0.04%$205.23
0.35%$0.954884
1.08%$0.111358
1.83%$1.00
0.00%$0.097225
0.11%$14.50
12.59%$36.08
1.40%$5.35
0.99%$18.63
-0.01%$21.60
-0.03%$0.746873
1.62%$1.17
0.06%$0.02873258
1.08%$4.70
0.36%$1.052
0.04%$0.386307
1.16%$4.94
2.61%$1.00
0.01%$106,759.00
0.65%$0.232265
-0.77%$0.778064
4.56%$0.399673
0.90%$0.225815
0.59%$2.89
0.57%$4.40
0.09%$2.69
1.20%$1.12
-1.04%$0.506523
0.94%$4.58
0.20%$0.00002024
1.41%$2,546.41
-0.56%$0.99875
0.23%$0.511562
2.25%$11.71
-0.55%$178.96
0.06%$98.53
3.14%$2,672.28
0.29%$0.907149
4.88%$1.32
8.70%$106,822.00
1.03%$1.28
1.10%$1.95
-1.32%$4.53
-4.50%$0.01898188
-1.06%$0.661064
0.71%$0.733747
1.20%$2,898.47
-0.03%$1,745.60
-2.07%$0.225534
0.19%$12.24
1.25%$0.784635
1.17%$1.00
0.16%$0.071036
-1.68%$0.112752
1.49%$0.741532
2.00%$0.992686
1.66%$0.00009953
0.35%$2,720.68
-0.05%$3.23
0.63%$220.76
0.41%$661.61
1.58%$0.906027
0.24%$0.999531
-0.04%$0.999852
0.17%$189.50
0.43%$0.01840422
1.95%$0.01979251
3.76%$107,025.00
1.56%$1.00
0.03%$109,855.00
3.20%$0.656723
1.97%$3,301.92
2.69%$0.01288192
1.09%$2,672.96
-0.08%$0.897629
-0.52%$3,315.22
2.69%$0.22498
-0.13%$0.77119
-0.82%$0.315032
1.14%$2.39
4.54%$22.56
0.19%$2,670.45
0.15%$0.129323
-5.90%$4.02
1.47%$12.77
1.68%$0.00000073
-0.76%$35.93
1.30%$4.39
-0.40%$0.752649
2.26%$0.117829
0.77%$0.06914
-0.27%$105,734.00
1.31%$42.08
3.49%$2.02
1.15%$0.626825
0.27%$0.01945629
-1.17%$0.999965
0.12%$0.411296
0.64%$0.997534
-0.01%$1.83
2.09%$2.06
0.27%$2.25
10.07%$111.12
0.01%$0.324943
0.49%$1.11
-0.60%$0.229727
1.50%$2,556.75
-0.40%$2,558.58
0.33%$0.679629
3.95%$107,366.00
1.75%$0.999805
0.07%$2.18
15.27%$2,718.34
-0.56%$18.58
1.20%$2,617.58
-0.36%$0.668154
1.96%$0.630063
-0.44%$0.438345
-0.56%$0.0088118
1.97%$106,895.00
1.47%$2,555.50
-0.09%$0.999498
-0.05%$0.490701
9.45%$3.00
-0.92%$7.39
-0.40%$0.154169
0.83%$0.189496
1.59%$104,905.00
2.44%$0.182901
-0.35%$0.429608
0.42%$6.59
0.35%$1.70
-1.48%$0.091173
1.83%$0.702778
-0.76%$0.064371
-0.42%$0.0049842
-1.66%$0.04980139
-1.57%$0.999802
0.00%$0.46023
4.26%$0.00002268
-0.62%$0.096004
0.49%$0.00000112
3.73%$0.00000044
1.03%$0.450338
15.42%$0.04456048
0.99%$1.42
1.99%$2,541.35
-0.40%$0.159024
1.38%$0.170705
-1.39%$0.0079207
-0.04%$1.28
-3.54%$1.087
0.00%$1.001
0.68%$106,667.00
1.63%$0.00467371
-1.38%$1.00
-0.13%$43.35
-0.28%$0.999833
-0.01%$3.22
1.98%$0.357169
0.08%$34.65
1.51%$0.00545781
-3.21%$1.00
0.05%$2,703.09
-0.06%$0.832541
6.16%$1.52
-1.32%$0.03792335
6.63%$1.10
0.11%$0.232134
-0.86%$1.001
0.02%$0.01914233
0.15%$0.00365564
0.96%$135.16
1.23%$0.377963
0.96%$0.84782
1.67%$26.42
-0.35%$3.85
-6.53%$2,799.38
-0.97%$0.00006291
-0.29%$107,136.00
1.24%$0.338079
2.11%$2,783.51
-0.09%$0.00000163
3.96%$0.301598
4.47%$0.999748
-0.06%$19.58
-0.17%$2,553.69
-0.49%$0.229656
0.56%$0.00075076
2.37%$0.99988
0.01%$22.66
0.86%$0.999803
-0.07%$0.253486
0.53%$0.694006
-0.51%$18.75
0.38%$2,530.66
-1.03%$2,753.33
-0.61%$2.72
-4.12%$0.761103
-1.03%$0.00338928
0.98%$0.505321
1.25%$23.58
-0.42%$0.00281724
-0.82%$0.67456
3.65%$26.39
-0.44%$0.00
1.24%$3.43
1.64%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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The craze, known as yield farming, was predicted to be a bubble by some, and a lot of the volumes on decentralized exchanges has already plummeted.
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...