DeFi News

Decentralized Finance or as popularly known as DeFi refers to finance enabled by decentralized technologies which include services such as lending and borrowing platforms to stablecoins and tokenized BTC. Unlike centralized financial systems, DeFi is powered by smart contracts running on top of a decentralized infrastructure of the Ethereum blockchain.

DGTX Rewards Program Causes Huge Liquidity Influx on Uniswap

In the few short days since Digitex launched its DGTX Rewards Program via the world’s largest decentralized exchange Uniswap, the…

2 hours ago

SushiSwap TVL Surges to $1Bn Despite More Fund Access Concerns

Uniswap clone SushiSwap has been the primary beneficiary of the collateral exodus from the leading DEX. However, more coding issues…

6 days ago

Chainlink holders patiently waiting for the ultimate liftoff to $18

Amount of LINK held by top-non exchange holders at a near all-time high as price breaks above $14. LINK/USD is…

1 week ago

Uniswap Liquidity Plunges by 45% After UNI Liquidity Rewards Program Ends

Uniswap, the number one DEX platform saw a massive dip in its on-chain liquidity as the popular UNI liquidity mining…

1 week ago

2020 Ends With Banks Getting into DeFi, DeFi Startups Mimicking Banks

The notion that Bitcoin would one day wrest control away from the banking industry and grant financial sovereignty to the…

1 week ago

Why The Closure of UNI Yield Farms is Bad For Uniswap

With just five days to go until closure, Uniswap yield farmers are getting jittery as there will be a lot…

2 weeks ago

Beam Launches a Confidential DeFi Platform BeamX

Beam, a confidential and scalable blockchain, is set to launch a new DeFi platform, BeamX, on Nov 19. The mainnet…

2 weeks ago

Chainlink rocket at the Launchpad, ready for the ultimate liftoff to $20

Chainlink consolidation is likely to extend before a majestic breakout to $20. The hypotenuse of the ascending triangle must hold…

2 weeks ago

DeFi Market Outperformed Overall Crypto Market by 18.4% Weekly Gains

After a significant correction through October 2020, the DeFi market has bounced back very strongly once again. Over the last…

2 weeks ago

Yearn.finance price rockets to $20,000 as DeFi roars awake

Yearn.finance rolls to life again after embracing a market bottom at $8,000. The DeFi boom is quickly coming back as…

2 weeks ago

Chainlink prepares for a massive 55% liftoff to highs above $20

Chainlink rebounds from levels slightly under $10 and gains momentum eyeing $20. The resistance at $13 must come down for…

2 weeks ago

$MEGA Token Is Here to Drive the MegaCryptoPolis Economy

On October 28, top blockchain game MegaCryptoPolis 3D launched $MEGA on both TRON and Ethereum. The launch of $MEGA marks…

3 weeks ago

Polkadot-based Equilibrium Releasing its Core Business Logic on Testnet

One month after starting its testnet, Equilibrium is launching its money market and decentralized stablecoin on Polkadot. As DeFi’s first…

3 weeks ago

Chainlink Price Forecast: LINK Downward Momentum Gains Traction

Chainlink was rejected at $13, culminating in losses within a descending parallel channel. LINK/USD downside eyes $9.5 if the short…

3 weeks ago

Equilibrium Partners with Chainlink on Price Oracles

Equilibrium is excited to announce its partnership with Chainlink. This collaboration will enable price feeds. These will first be live…

3 weeks ago

Here’s Why Yearn Finance [YFI] Could See Much-Needed Bullish Trend

The bloodbath for decentralized finance [DeFi] tokens is far from over. One of the worst-hit tokens has been popular yield…

4 weeks ago

Over 86% of Yearn Finance’s YFI Addresses Are Currently In Loss

The recent DeFi tokens rally has led to some unconventional results. One of them was the Yearn Finance which debuted…

4 weeks ago

Ethereum Price Forecast: ETH Back To The Drawing Board As $370 Calls

Ethereum dives from highs above $400 to refresh support at $380. ETH/USD is mainly in the bears' hands and could…

4 weeks ago

Andre Cronje’s New DeFi Token Keep3rV1 [KP3R] Surges By Nearly 500% In A Day

Yearn Finance creator Andre Cronje's new DeFi venture, dubbed Keep3r Network, is soaring high and over the last 24-hours, the…

4 weeks ago

Level01 Launches AI-Guided DeFi App on Google Play

Level01, the first DeFi platform with AI-guided derivatives trading, launched its main app on the Google play store earlier this…

4 weeks ago