Bitcoin and ether may be pulling back from their all-time highs but alternative cryptos are starting to see action.
“TVL isn’t the best indicator when ETH and all other crypto is green for weeks,” one observer said of DeFi’s recent growth.
DeFi, like crypto as a whole, features brilliant and questionable projects in equal measure.
DAI reached a price of $1.3 on Uniswap and Coinbase, the two exchanges used by Compound’s oracles.
Compound’s governance token, COMP, fell below $100 early Tuesday. The DeFi token kicked off the yield farming craze way back in June.
Fintech enabler Plaid is quietly working with at least two decentralized finance (DeFi) startups.
Oracles have played a major role in the huge growth of the DeFi ecosystem observed in 2020.
What do these various memecoins do? Here’s the rough TL;DR of the latest tokens to top the DeFi charts.
Huobi has launched a new consortium with MakerDAO and Compound to promote decentralized finance.
MakerDAO’s Rune Christensen, Compound’s Robert Leshner and Uniswap’s Hayden Adams discussed the state of the $3.8 billion DeFi market.