Tag: DeFiGrowth

This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential to earn high yields on stablecoins, altcoins and Bitcoin. While the price action from Dogecoin (DOGE) has dominated the headlines…

In the first quarter of 2021 the Decentralized Finance (DeFi) industry shawn a wave of growth. The main indicator for assessing the DeFi industry is the total amount of locked funds on smart contracts (Total Value Locked). In April 2021, it crossed the $ 100 billion mark, according to the DeFi LIama tracker. Analysts at…