One of the biggest crypto trading firms, Alameda Research, is financing part of its daily trading activity with DeFi loans. The leading crypto firm transacts around $5 billion worth of crypto daily and revealed…
Acala Network is an Ethereum-compatible Polkadot parachain aspiring to become an all-in-one DeFi hub for Web3. Its ecosystem is centered around the Acala Dollar (aUSD) stablecoin and hosts an array of financial…
Sherlock, a startup that promises to protect crypto projects from smart contract hacks, is looking to raise $100 million in a public funding round next week. The project will open its six-day fundraising window on…
Ravendex, one of the first decentralized finance protocols on Cardano, the largest Proof-of-Stake (PoS) network, shared the details of its crucial update. Ravendex DeFi protocol on Cardano (ADA) launches staking…
Let us look at the top 3 DeFi gainers of the week. THORChain (RUNE) The native RUNE coin of the THORChain cross-chain decentralized exchange has gained 51% in the last week. It’s good to see that THORChain is on…
Following the support of Cardano’s smart contract functionality last year, it is expected that several decentralized finance (DeFi) protocols will be deployed on the network. According to data on the…
The Flamingo Finance team has updated its roadmap through Q4 2022. Most notably, Flamingo has identified core targets for delivery in the remaining month of Q1. Examples include implementing Reverse Pools,…
With the increasing demand for DeFi services, Terra Network has surpassed more than $22 billion in total value locked (TVL) as of early March. Terra’s (LUNA) total value locked (TVL) has beaten out popular smart…
Impermanent loss is one of the most recognized risks that investors have to contend with when providing liquidity to an automated market maker (AMM) in the decentralized finance (DeFi) sector. Although it is not an…
Since the blockchains have evolved and deployed smart contracts, they gave tremendous possibilities like DeFi, Dapps, and a lot more The emergence of blockchain tech turned out to be a revolution in itself. Later…