Matic, xDai (STAKE) and Loopring (LRC) rally as Ethereum gas fees rise
Soaring Etheruem gas costs are driving investors and protocols to take a closer look at layer-two solutions like Matic, Loopring and xDai.
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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.
Exchange tokens catch a boost as governance and high yields attract fresh inflows and CeFi begins to merge with DeFi.
Venus protocol becomes the top-ranked DeFi platform on the Binance Smart Chain as XVS price and the total value locked in the platform reach new highs.
Curve Finance has surpassed Uniswap’s total value locked, a sign that competition between DeFi protocols is heating up.
The DeFi market has corrected hard as Bitcoin dropped below $40,000, but analysts say a recovery is likely.
More than 53 blockchain projects have emerged as multi-billion dollar market cap crypto unicorns, a signal that the 2021 bull market is just getting started.