Long Reads

How Layer-1 Privacy Blockchain Oasis Emerged as a Value Magnet for DeFi

Oasis, a blockchain focused on privacy, is a relative newcomer compared to other layer-1 blockchains (a class that includes Ethereum, Solana, and Avalanche), but it’s been attracting a lot of value on its network straight out of the gate. Last January, in the days immediately following the network’s DeFi ecosystem launch, the total value of funds locked into the network (TVL) grew at a faster initial rate than any other layer-1 blockchain, according to Oasis analysis of DeFi Lama data, attractin...