Binance unveils an perpetual contract-based DeFi index for those looking to bet on the success, or demise, of the DeFi sector.
Read more on decrypt.co: Binance Futures Now Lets You Bet on Ten DeFi Tokens at Once
› First Time DeFi Total Value Locked Exceed More Than $7 Billion
According to DeFi Pulse, the total value of capital locked in decentralized finance (DeFi) protocols has surged by 271% in less than two months to surpass $7 billion for the first time. Despite DeFi’s meteoric growth, only just 6 projects signify more than 90% of the capital locked in the sector. Aave currently comprises the largest DeFi project with $1.51 bln locked, followed by MakerDAO with $1.42 bln, Curve Finance with $1.15 bln, Yearn.finance with $845 mln, Synthetic with $801 mln, and Compound representing $797 mln.
Read more on cryptocrunchapp.com: First Time DeFi Total Value Locked Exceed More Than $7 Billion
› Total Value Locked in DeFi surpasses $ 7 Billion
Interest in DeFi is growing every day and total value locked in DeFi hits new ATH.
Read more on ccnews24.net: Total Value Locked in DeFi surpasses $ 7 Billion