The total decentralized finance (defi) total value locked (TVL) is currently witnessing an impressive surge as the broader cryptocurrency market gains bullish momentum. According to data provided by Defi Llama, the total defi TVL increased by 9.1% in the past 24 hours and is standing at $105.63 billion at the time of writing. Notably, this is the first time since May 11, 2022, that the defi market value surpasses the $100 billion mark.
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@DeFi_ICO_Invest
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Uniswap Labs has responded to the U.S. Securities and Exchange Commission’s Wells Notice, asserting that its protocol does not fall under the agency’s regulatory jurisdiction. The response emphasizes the autonomous nature of Uniswap’s decentralized finance (defi) technology and argues against the classification of its activities as operating an exchange or broker.
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@DeFi_ICO_Invest
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2024 has seen a flood of capital into decentralized finance (DeFi), driving the total value locked (TVL) up by 75.1% year-to-date (YTD) to $94.9 billion from $54.2 billion at the start of the year, according to a report by Binance Research. The Yield sector, after a 148.6% increase to $9.1 billion this year, is now the eighth largest DeFi market by TVL. On-chain interest rate derivatives platform Pendle has seen incredible growth this year, up 1962% to $4.8 billion.
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@DeFi_ICO_Invest
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The recently launched Blast blockchain has quickly ascended the ranks to become one of the most prominent players in the decentralized finance (DeFi) sector. According to data compiled by DeFiLlama, Blast Blockchain has surged in popularity, now ranking as the sixth-largest blockchain by DeFi assets. The total value locked (TVL) on the Blast network has soared to over $1.9 billion, positioning it just behind industry giants like Ethereum, Solana, Tron, BNB Chain, and Arbitrum.
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@DeFi_ICO_Invest
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We're thrilled to announce our $10M seed round led by Haun Ventures, Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures, Reciprocal Ventures, and others.
Plume is the first RWA chain for crypto natives, with over 80+ projects on our network. From collectibles to real estate, we make it easy to tokenize and transact any asset on-chain.
Check the official announcement for more details as we have more announcements down the line about our incentivized testnet! 👀
https://x.com/plumenetwork/status/1793678320913252838
Plume is the first RWA chain for crypto natives, with over 80+ projects on our network. From collectibles to real estate, we make it easy to tokenize and transact any asset on-chain.
Check the official announcement for more details as we have more announcements down the line about our incentivized testnet! 👀
https://x.com/plumenetwork/status/1793678320913252838
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Plume Network (@plumenetwork) on X
Attention all Plume Goons🫡
We're super excited to announce our $10M seed round led by @HaunVentures, with support from @galaxyhq, @Superscrypt, @SeliniCapital, @recvcx, @PortalVentures, @svangel, a_capital, and more!
🧵
We're super excited to announce our $10M seed round led by @HaunVentures, with support from @galaxyhq, @Superscrypt, @SeliniCapital, @recvcx, @PortalVentures, @svangel, a_capital, and more!
🧵
DeFi, ICO and Invest News pinned «We're thrilled to announce our $10M seed round led by Haun Ventures, Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures, Reciprocal Ventures, and others. Plume is the first RWA chain for crypto natives, with over 80+ projects on our network.…»
Trading volume on decentralised exchanges surged to $11.2 billion on Thursday, the day the Securities and Exchange Commission approved a set of filings for spot Ethereum exchange-traded funds. Uniswap, the largest decentralised exchange, or DEX, especially benefited from the increase, generating $5.5 billion in trading volume on Thursday alone, with Ether accounting for nearly $3 billion of that volume.
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@DeFi_ICO_Invest
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📣 Kelp DAO Secures $9 Million in Private Sale to Boost Defi Expansion
Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $9 million to propel its growth in the decentralized finance (defi) sector. The funding aims to enhance the platform’s capabilities and expand into new ecosystems, including Solana and Bitcoin.
Source
@DeFi_ICO_Invest
Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $9 million to propel its growth in the decentralized finance (defi) sector. The funding aims to enhance the platform’s capabilities and expand into new ecosystems, including Solana and Bitcoin.
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@DeFi_ICO_Invest
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📣 Blast Blockchain Secures Sixth Spot In DeFi Network Rankings
In an unprecedented development witnessed within the Web3 landscape, Blast, an Ethereum Layer 2 (L2) blockchain, has recently taken the market by storm, securing the sixth spot in TVL (Total value locked) among all blockchains. Overtaking Base, a layer-2 (L2) blockchain network developed by Coinbase, Blast runs just behind Arbitrum, boasting a TVL of $1.87 billion, per data by DeFiLlama.
Source
@DeFi_ICO_Invest
In an unprecedented development witnessed within the Web3 landscape, Blast, an Ethereum Layer 2 (L2) blockchain, has recently taken the market by storm, securing the sixth spot in TVL (Total value locked) among all blockchains. Overtaking Base, a layer-2 (L2) blockchain network developed by Coinbase, Blast runs just behind Arbitrum, boasting a TVL of $1.87 billion, per data by DeFiLlama.
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@DeFi_ICO_Invest
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📣 DeFi Protocol Chainge Secures $13M Investment to Enhance Cross-chain Trading
The cross-chain protocol plans to stick with its proposed plan of making the platform one of the leading liquidity providers in the industry. Chainge, a cross-chain liquidity protocol, has received $13 million in funding from two crypto-focused investment companies to expand its business offerings and make cross-border trading more accessible to users across the world through artificial intelligence (AI) solutions.
Source
@DeFi_ICO_Invest
The cross-chain protocol plans to stick with its proposed plan of making the platform one of the leading liquidity providers in the industry. Chainge, a cross-chain liquidity protocol, has received $13 million in funding from two crypto-focused investment companies to expand its business offerings and make cross-border trading more accessible to users across the world through artificial intelligence (AI) solutions.
Source
@DeFi_ICO_Invest
In a significant development for the decentralized finance (DeFi) sector, Uniswap Foundation has outlined its roadmap for the launch of Uniswap v4, the latest upgrade to one of the most widely used decentralized exchanges (DEXs) on Ethereum. As part of its commitment to security and reliability, the foundation has announced a comprehensive audit strategy involving some of the top firms in blockchain security. This proactive approach aims to fortify Uniswap v4 against potential vulnerabilities and set a new benchmark in DEX security.
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@DeFi_ICO_Invest
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📣 Manta CeDeFi Crossed $100M In TVL After One Week
Manta’s new CeDeFi product is off to a bullish start, with the project attracting more than $120 million in assets within its first week. Data from DeFiLlama shows Manta CeDeFi boasting $121.5 million in total value locked (TVL) following its debut on May 19. The impressive growth is likely spurred by Manta offering a two-month points program qualifying early adopters who deposit assets before the product surpasses a $500 million TVL for monthly MANTA airdrops.
Source
@DeFi_ICO_Invest
Manta’s new CeDeFi product is off to a bullish start, with the project attracting more than $120 million in assets within its first week. Data from DeFiLlama shows Manta CeDeFi boasting $121.5 million in total value locked (TVL) following its debut on May 19. The impressive growth is likely spurred by Manta offering a two-month points program qualifying early adopters who deposit assets before the product surpasses a $500 million TVL for monthly MANTA airdrops.
Source
@DeFi_ICO_Invest
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Aave is looking to launch its own blockchain, dubbed Aave Network, after its forthcoming V4 upgrade. Given the lending protocol’s $13 billion in total value locked (TVL), the proposed network could potentially become one of the largest Layer 2 solutions in DeFi. Yesterday, following speculation from Aave DAO members on social media, Aave CEO Stani Kulechov posted, “This is not a drill, Aave Network is planned to come after V4.”
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@DeFi_ICO_Invest
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