Today news
About the same in other media
22.11 - 19:43
DeFi can be 100 times larger than today in 5 years
Reading now: 567
Decentralized finance (DeFi) is a natural product made possible by blockchain technology and has the right and ready infrastructure to propel the technology to a bigger playing field. The space has grown by leaps and bounds since the Ethereum network went live in July 2015, with Ethereum network transactions growing by 33x to 1.2 million per day currently, and blockchain transactions would exceed millions per day if other chains were included.
Most of these transactions originated from the DeFi services such as Uniswap, which facilitates over $1 billion swaps each day, as well as lending and borrowing protocols such as Aave, Compound and BondAppetit, with tens of billions in market size. While these are large numbers by any standard, it is
Read more on cointelegraph.comAbout this in other media
How Musicians Can Make Money through NFTs cryptonews.com /2 years ago
Andy Byford: ‘We can’t let London’s transport fall into managed decline’ theguardian.com /2 years ago
Canadian Bitcoin mining company now offers a bridge for the information and solutions gap in blockchain cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
