The decentralized finance (DeFi) world is proving to be resilient in lending protocols that consistently hold a steady share of the total value locked (TVL) in lending.
For the past year, lending has held a stable 15-20% portion of DeFi’s total TVL. This showcases a continued and steady demand for lending protocols in DeFi, even through the turbulence of volatile markets. Furthermore, despite...
Following a turbulent stretch in the cryptocurrency market, the overall combined market capitalizations of memecoins have made a notable return to the levels seen during Q3 of the previous year.
While the overarching crypto market continues to experience bouts of volatility, the renewed and rapid growth of memecoins signals a potential shift in overall investor sentiment back toward these...
By February 2025, stablecoins had become firmly established as a cornerstone of the financial landscape underpinned by a total supply of $214 billion.
Their reach and influence extended deeply, facilitating a mesmerizing annual transfer volume of $35 trillion, more than double the annual transfer throughput of traditional financial titan Visa. Though not the fastest growing segment of...
A striking show of growth and dominance was exhibited by Binance Wallet, which hit a major milestone on March 18. In one day, its trading volume reached $90.556 million.
That was 54.1% of the total volume in the crypto wallet sector on that day. Binance Wallet, in a very short time, increased its market share to become the most dominant player in the DeFi space. OKX announced on March 17 that it...