Tag: DeFiChain

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Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March

April 2, 2023

The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit monthly gains. After the…
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Defichain Co-Founder: FTX’s Collapse Has Rekindled Interest in Defi and Associated Products

November 18, 2022

According to Julian Hosp, co-founder of the decentralized finance entity Defichain, the fall of the crypto exchange FTX and the domino effect it has had may have rekindled interest in decentralized finance (defi) and associated products. Hosp, however, conceded that the crypto exchange’s dramatic collapse also encourages regulators to adopt a harder line when dealing…
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