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Decentralized exchange volumes hit $23.5 billion in September

Decentralized exchange volumes hit $23.5 billion in September

Data for September shows that decentralized exchanges saw more than $23 billion in trade volume for the month. The approximately $23.5 billion in volume reflects a 103% month-over-month increase compared to August’s $11.6 billion, according to data published by Dune Analytics, which tracks volumes in the DEX ecosystem. September’s volume figure is higher than previously …

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First Mover: Bitcoins Hit Exchanges as Bloomberg Touts Crypto and DeFi Hedge Fund Seeks $50M

First Mover: Bitcoins Hit Exchanges as Bloomberg Touts Crypto and DeFi Hedge Fund Seeks $50M

The upcoming U.S. presidential election has become one of the most contentious in history, fraught with searing divisions over everything from the economy to race to the continued health of democracy itself.   So it’s not surprising that Wall Street options traders are now pricing in expectations of elevated market volatility around the November election. Analysts for the …

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Curve becomes third DeFi protocol to hit $1 billion in total value locked

Curve becomes third DeFi protocol to hit $1 billion in total value locked

Curve, a decentralized exchange (DEX) for trading stablecoins, has become the third decentralized finance (DeFi) protocol to hit $1 billion in total value locked. This milestone follows just one day after non-custodial lending and borrowing protocol Aave hit the $1 billion mark on Saturday. Earlier this week, Curve was forced to launch its governance platform …

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Aave becomes second DeFi protocol to hit $1 billion in total value locked

Aave becomes second DeFi protocol to hit $1 billion in total value locked

Aave, a non-custodial lending and borrowing protocol, has become the second decentralized finance (DeFi) protocol to hit $1 billion in total value locked. The milestone means Aave users have deposited $1 billion worth of assets into the protocol for lending and borrowing purposes. Aave recently announced version two of its protocol, preparing a suite of …

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The total supply of stablecoins has grown 94% since early February

Adjusted transaction volume for stablecoins hit new all-time high in June: data

The adjusted transaction volume for stablecoins hit a new all-time high in June, according to data collected by The Block. The development represents the third month in a row that the figure was above $40 billion, beating the previous high seen in April. Once again, that adjusted transaction volume was dominated by Tether. The data …

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