DeFi

Everything about Decentralized Finance, a new paradigm for a more inclusive economic system powered by decentralized blockchains.

  • bitoro network x injective

    Bitoro Network expands decentralized perpetual futures with Injective launch

    Bitoro Network, a leveraged trading protocol and ecosystem aggregator for the perpetual futures market, has launched on Injective, a Web3-optimized platform for decentralized finance. According to a press release shared with Crypto Briefing, the integration will provide Bitoro with new trading channels for instant and low-cost trading, integrated staking vaults, and features that would help

    DeFi

  • Ledn's institutional loans reach $584 million in Q1

    Ledn’s institutional loans reach $584 million in Q1

    Crypto lender Ledn has reported over $690 million in loans in the first quarter of 2024. Institutional borrowers accounted for $584 million, while retail loans comprised $100 million, with $40 million tied to refinancing following the Celsius network collapse. The surge in Ledn’s loan processing coincides with the approval of Bitcoin (BTC) ETFs in the

    Ecosystem

  • Euclid launches layer to connect liquidity across Cosmos, Solana, and EVM chains

    Euclid launches layer to connect liquidity across Cosmos, Solana, and EVM chains

    Euclid Protocol has announced today its shared liquidity layer that connects Cosmos, Solana, and Ethereum Virtual Machine-based ecosystems, powered by virtual pools created on Nibiru Chain. This effort is aimed at consolidating fragmented liquidity across the blockchain ecosystem. “We are excited to finally reveal the Unified Liquidity Layer, Euclid’s answer to the constantly growing challenge

    Ecosystem

  • Perp DEX trading volume hits new heights with 395% annual surge

    Perp DEX trading volume hits new heights with 395% annual surge

    Decentralized perpetual contracts exchanges (perp DEX) registered an all-time high in monthly trading volume in March at $317 billion, according to data aggregator DefiLlama. Despite a slight slump in April to $304 billion, the volume managed to stay above the $300 billion mark and represents a 395% year-on-year growth. Imran Mohamad, CMO at Zeta Markets,

    DeFi

  • Fireblocks unveils features to prevent DeFi scams

    Fireblocks unveils features to prevent DeFi scams

    Fireblocks released its “dApp Protection” and “Transaction Simulation” features to the public, according to an April 24 blog post. These tools are designed to mitigate the risks associated with decentralized applications (dApp), particularly the threat of phishing attacks which have led to over $1.1 billion in lost funds in 2023 alone. The dApp Protection feature

    Ecosystem

  • NFT lending volume surpass $2 billion in Q1 as holders search for liquidity

    NFT lending volume surpass $2 billion in Q1 as holders search for liquidity

    The lending market based on non-fungible tokens (NFT) as collateral surpassed $2 billion in volume during the first quarter, sustaining growth of 44% compared to Q4 2023, according to a CoinGecko report. “Crypto markets are all about market rotation […] There’s clearly a trend where OG NFT holders are leveraging these [lending] platforms to get

    Ecosystem

  • ‘Bitcoin has as many functionalities as other blockchains’: Trust Machines member weights in Bitcoin DeFi

    ‘Bitcoin has as many functionalities as other blockchains’: Trust Machines member weighs in Bitc...

    Bitcoin’s decentralized ecosystem (BTCfi) surpassed $1 billion in 2024 in total value locked (TVL), with a 285% year-to-date growth. This movement was expected by blockchain industry players, such as Brazilian asset manager Hashdex and data analytics firm Nansen, as both entities included the rise of BTCfi in the current bull cycle. As the halving nears,

    Bitcoin

  • DeFi and Web3 gaming dominate blockchain industry in Q1

    DeFi and Web3 gaming dominate blockchain industry in Q1

    Decentralized finance (DeFi) has emerged as a dominant force in the blockchain space, surpassing stablecoins in daily transactions and concluding the first quarter with approximately 7 million daily transactions, reveals the “OnChain Report Q1 2024” by QuickNode and Artemis. All major DeFi protocol categories, including Liquid Staking, Lending, Bridges, Yield, and Derivatives, have seen their

    Ecosystem