47 / 50 Relevant items tagged with #DeFi

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SushiSwap Burns $5 Million Per Year, But Will It Rebrand In 2023?

[Mar 1, 2023 7:30 AM] SushiSwap, a popular multichain decentralized exchange (DEX), burns approximately $5 million annually, its chief chef, Jared Grey, revealed on February 28. SushiSwap Holds $30.6 Million Worth Of Digital Assets In a tweet, Grey said the protocol…

DeFiLlama Releases Special Uniswap v3 Router For Optimism

[Feb 28, 2023 8:30 AM] DeFiLlama, a DeFi-centric data analytics platform, has released LlamaZip, a router for Uniswap v3 on Optimism, an Ethereum layer-2. LlamaZip To Reduce Swapping Costs In a tweet on February 28, the team said LlamaZip significantly reduces gas costs…

Optimism (OP) Surges 17% As Coinbase Launches L2 On OP Stack

[Feb 23, 2023 12:30 PM] Earlier today, digital asset exchange Coinbase announced the launch of its Ethereum L2 (Layer 2) network called ‘Base’ on the Optimism OP stack. This latest news has sent the Optimism network native token OP up nearly 18% in the last 24 hours. …

Ankr (ANKR) Rallies 60% Following Partnership With Microsoft

[Feb 23, 2023 11:30 AM] DeFi token Ankr (ANKR) is one of the best-performing cryptocurrencies in the market presently, gaining 60% in two days. This impressive price rally occurred following an announcement of Ankr’s innovative partnership with American technology giant…

Crypto Fund, Arca, Doubles Down On These Two DeFi Protocols

[Feb 23, 2023 4:40 AM] Arca Investment bridged 450 ETH through Arbitrum and bought Radiant Capital and Dopex DeFi tokens on February 23. Arca Scoops Radiant Capital And Dopex DeFi Tokens According to data from Arbiscan, Arca bought 422,000 RDNT, native to Radiant…

What is the network effect?

[Feb 19, 2023 5:13 PM] Crypto’s value increases with more users, creating a positive feedback loop due to the network effect.

OP Token Down 5.35% Amid Optimism Foundation Delayed Upgrade Vote

[Feb 17, 2023 9:30 AM] Despite Optimism (OP) price maintaining an impressive rally for the last 30 days, today the token’s value has dropped by 5.35%. It is possible that the crypto has witnessed a turn in momentum due to the recently announced rescheduling of its…

CRV Daily Volume Peaks To Over $1 Billion In Past 24 Hours

[Feb 15, 2023 6:54 AM] Curve Finance and the adoption of its native token CRV have seen some resistance in the past couple of months. Nevertheless, CRV daily volume is seen to have peaked above the $1 billion mark in the past 24 hours, equating to an increase of as much…

DeFi vs. Web3: Key differences explained

[Feb 13, 2023 10:35 AM] DeFi is built on top of existing smart contract platforms like Ethereum, while Web3 is built on the internet itself. Here are other ways they differ.