DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption.
DeFi protocols were buzzcut as their token values plummeted and the total value locked on all platforms fell to levels not seen since April.
The explosive rally from Skale and Polygon proves that the Coinbase effect continues to be a potent price mover for small and large-cap altcoins.
Ethereum fees have pulled back from their recent highs alongside a decline in DeFi transaction volumes but the rise of NFTs could push transaction costs back to new highs.
Top decentralized exchanges are exploring alternatives to Ethereum amid high gas prices, with SushiSwap porting its platform onto five additional networks.
Soaring Etheruem gas costs are driving investors and protocols to take a closer look at layer-two solutions like Matic, Loopring and xDai.
These DEX tokens are quietly accruing triple-digit gains as the total value locked in DeFi reaches new highs each week.
DEX trading volumes on Ethereum hit $63 billion in January, smashing the sector’s previous record of $28 billion.
SushiSwap is exploring integrating with high-speed AMM, Raydium, on Solana to alleviate high gas fees.
The goals and development of SushiSwap and Uniswap are diverging as each exchange’s governance token reaches new all-time highs.