DeFi summer 2.0? 'Gen 2' tokens on a tear amid wider market slump

Decentralized finance 'Gen2' tokens sprint forward as the broader DeFi market gasps for air As some brand-name decentralized finance (DeFi) tokens sputter, a crop of new projects have emerged that are catching strong bids on the back of aggressive yield farming programs, generous airdrops, and significant technical advances.  It’s a set of outlier projects pushing forward on both price and fundamentals that has led one crypto analyst, eGirl Capital’s mewny, to brand them as DeFi’s “Gen 2.” feels like theres a gen 1 and gen 2 of defi tokens now the former is stagnant and the latter is pampinghas nothing to do with fundamentals.

Altcoins and DeFi sell-off after Bitcoin’s 17.6% correction below $50K

DeFi tokens and altcoins bore the brunt of today's carnage as Bitcoin price dipped below $48,000.

Major correction for DeFi as Bitcoin rejected again above $40K: What’s next?

The DeFi market has corrected hard as Bitcoin dropped below $40,000, but analysts say a recovery is likely. The decentralized finance or DeFi market saw a steep correction over the last 12 hours as Bitcoin (BTC) was unable to break the $41,000 level. Meanwhile, analysts say that the profits from major DeFi tokens are flowing back into Bitcoin, even though the DeFi market is still lagging behind despite BTC’s recovery over the past week. 1-hour candle DeFi index (Binance).

Blockchain Bites: The Weird and Wonderful in Crypto This Week

Also: Ether is jumping off, taking DeFi tokens with it.

DeFi Season? LINK, AAVE, ZRX and COMP Hit Record Price Highs, Outperforming Bitcoin

An analyst expects DeFi tokens to mimic bitcoin's 2017 bull run this year.

Glassnode’s On-Chain Metrics Reveal DeFi Tokens Are Being HODLed Amid Price Run

Glassnode's on-chain data reveals the percent supply of DeFi tokens (SUSHI, AAVE, and MKR) are getting lower, suggesting investors are HODLing the assets.

DeFi tokens lead the market higher as Bitcoin price searches for momentum

DeFi tokens take center stage as top lending protocols AAVE, Maker and Compound establish new all-time highs. Several DeFi tokens saw their prices breakout on Feb.

Why these DeFi tokens recorded gains over 300% YTD

The past 24 hours saw several top cryptos reach new all-time highs, recording double-digit gains over the same period of time.

Altcoins and DeFi tokens rally as Ethereum price hits $1,650

Bitcoin bulls are chasing after $40,000, Ethereum price hit a new all-time high at $1,650 and DeFi tokens are still outperforming everything. Sentiment throughout the cryptocurrency sector continues to improve as Ether (ETH) price ventured into uncharted territory and notched a new all-time high of $1,653 on Feb.

Market Wrap: Bitcoin Trading Tepidly at $33.7K While SushiSwap Eats Raw Market Share

The investor spotlight is now shining on DeFi tokens and trading.

Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ATOM, COMP

Bitcoin price fell back into the descending triangle but this dip may attract buyers to altcoins and DeFi tokens in the short term. Over the past seven days, the crypto market saw an uptick in volatility as Bitcoin (BTC) and Dogecoin (DOGE) price rallied higher simply because of social media activity.

Uniswap (UNI) and Compound (COMP) hit new highs as DeFi TVL reaches $27.6B

The governance tokens for Uniswap and Compound reached new 2021 highs as altcoins and DeFi tokens pushed higher today.

1INCH price rallies 30% as its monthly DEX volume nears $6 billion

The total value locked at 1inch is closing in on $1 billion and the decentralized exchange aggregator has processed nearly $6 billion this month. This week the total value locked in DeFi platforms reached a new high at $26.2 billion and this record high was achieved even as Bitcoin price appeared to be slipping into a downtrend. This asymmetrical performance from DeFi-tokens suggests the sector has staying power and the ecosystem built up around DeFi platforms is likely to have a far reaching impact that may even alter the way traditional finance operates.

DeFi tokens bag double-digit gains as bears pin Bitcoin price below $33K

A handful of DeFi tokens saw strong rallies even as bears continue to pin Bitcoin price below $33,000.

DeFi revival pushes Celo, Venus (XVS) and Fantom (FTM) price higher

Strong fundamentals, increasing daily active users and successful layer 2 trials are pushing DeFi tokens to outperform the broader crypto market. A new report by CoinShares suggests Bitcoin (BTC) has garnered 97% of the total crypto inflows in 2021.

Gemini Exchange Adds Local Currency, DeFi Tokens in Singapore Expansion

The exchange has increased the trading options for Singapore users, including several DeFi tokens.

Aave hits record $288 high as demand for flash loans and staking increases

Surging volume, demand for flash loans and a strong rally in DeFi tokens pushed AAVE price to a new all-time high today.

Amid The Ongoing Crypto Market Dip, DeFi Tokens BAT, CELO, and HEDG Remain Resilient

The market correction though encompassing has some resilient tokens including BAT, CELO, HEDG.

Bitcoin price searches for support near $35K, DeFi tokens move higher

DeFi tokens moved higher while Bitcoin price struggles to hold $35,000 as support. Bitcoin price is finding soft support at $35,000 after dropping 7.4% in the later hours of Jan.

Market Wrap: Bitcoin Dips to $34.4K as Big-Name DeFi Tokens Trounce ETH

Bitcoin may be down now but there is still growing demand for crypto assets, one analyst said.

These DeFi Tokens Have Double-Digit Gains as Bitcoin’s Growth Tapers

DeFi tokens are attracting investors as bitcoin's rally fades and new protocols are updated.

SNX and AAVE Prices Remain Stable Amid Bitcoin Driven Market Dip

Despite the ongoing market correction, DeFi tokens Synthetix Network Token and Aave maintains stable price momentums.

Altcoins move higher while Bitcoin price finds resistance near $35,000

DeFi tokens and altcoins move high as Bitcoin price finds resistance near $35,000. On Jan.

DeFi integration and layer-2 tech back Matic Network’s (MATIC) 92% rally

MATIC price has rallied by 92% since multiple decentralized applications opted to use the network’s layer-two solution and traders have looked to DeFi tokens for big returns.

AAVE price soars to $123 all-time high as TVL rises and fundamentals improve

Aave’s rising total value locked, improving fundamentals and renewed interest in DeFi tokens triggered a double-digit rally in AAVE price. As the crypto bull market continues to gain traction, the price of Aave’s native token, (AAVE), is pushing toward new all-time highs. The growth of the decentralized lending platform appears to be bolstered by improving fundamentals, steady growth in the total value locked on the platform, and the creation of a DeFi based crypto-collectibles token and community called Aavegotchi, Unarguably, Aave was one of the DeFi success stories of 2020, as its price rose from $2 in January 2020 to today’s all-time high at $123.92. AAVE/USDT 4-hour chart.

Compound (COMP) Outruns Top DeFi Tokens as TVL Closes Above $2B

Compound Finance’s native token COMP was among the biggest gainers in the decentralized finance space on Wednesday.

Bitcoin Dominance Doji: Why 2021 Could Spell Doom For Altcoins

Bitcoin has been explosive all of 2020, and while certain altcoins like Ethereum and a slew of DeFi tokens have outperformed the top cryptocurrency this year, altcoins overall have been a disappointment compared to past cycles.

DeFi Tokens Surge as Bitcoin and Ethereum Hover Around Support Levels due to the Coinbase Effect

Following Coinbase’s announcement, AAVE, BNT, and SNT tokens all surged, rallying from 10% to 24%.

DeFi tokens rally while Bitcoin bulls attempt to flip $19.5K to support

A handful of DeFi tokens are producing double-digit gains as Bitcoin price fights to turn $19,500 to a strong support level. The world’s negative-yielding debt has soared to over $18 trillion according to Bloomberg.

Coinbase Lists DeFi Tokens AAVE, BNT, and SNX as Warning of US Crypto Wallet Regulation Looms

2020 has been all about the DeFi boom.

Eosfinex set to list 18 DeFi tokens from Ethereum

Most major DeFi tokens will be available for trading on Eos. Eosfinex, the Bitfinex-backed noncustodial exchange running on the Eos network, announced the listing of more than 15 ERC-20 tokens, primarily consisting of governance tokens of major decentralized finance protocols on Ethereum. The listing is made possible by a collaboration with pNetwork, a crypto-asset wrapping network that already brought cryptocurrencies such as Bitcoin (BTC) and Litecoin (LTC) to Eos and Ethereum.

Why XRP, DeFi tokens crashed the most vs. BTC as Bitcoin price corrects

As Bitcoin dropped below $18,000, major altcoins including XRP and DeFi tokens fell by 10% to 30%. The price of several big-name alternative cryptocurrencies fell especially hard following a Bitcoin (BTC) pullback to $17,650 on Dec.

DeFi tokens and NFTs rally higher as Bitcoin price drops below $19,000

Bitcoin price is correcting, and most of the crypto market is red, but strong fundamental factors are pushing select DeFi tokens and NFTs higher. Bitcoin (BTC) and other major altcoins are either stuck in a range or are witnessing a correction.

DeFi Token Gains in November Outperform Bitcoin

Bitcoin is hovering around its all-time high and has made remarkable returns this year but November has been the month for DeFi tokens, many of which have made triple figure gains.

Yearn.finance mergers and sideways Bitcoin price propel DeFi tokens higher

Select DeFi tokens have outperformed Bitcoin and altcoins as investors cheer the news of mutually beneficial partnerships. Yearn.finance has been busy announcing a slew of mergers in the past week, and these have the decentralized finance space buzzing once again.

CoinLinked Lets Users Shop Anywhere Online With Crypto and DeFi tokens

Crypto-commerce platform CoinLinked offers users a new way to shop anywhere online with crypto during the holidays.

Three reasons why DeFi's performance will overshadow Bitcoin's soon

While Bitcoin’s price was rallying on the price charts, DeFi tokens were adding TVL in both BTC and ETH.

Overexposed: DeFi indexes aren't as diversified as you think

Research has found overexposure to a few 'blue chip' DeFi tokens is an issue for indexes.

Top DeFi Tokens Explode as TVL Nears $14 Billion

While the usual cryptocurrency market is having a green day, the scene in DeFi is much more dramatic.

DeFi tokens make triple-digit gains as Bitcoin price searches for support

As Bitcoin bulls attempt to flip $18K to support, DeFi investors are bagging hefty triple-digit sums. Since topping out at $18,476 on Nov.

Bittrex Global confirms free trading and listing for top DeFi token

Bittrex Global GmbH. announced today 8 new DeFi tokens will be listed this week including: UMA (UMA), Aave (AAVE), Balancer (BAL), REN (REN & renBTC) as well as Kyber Network (KNC), Band Protocol The post Bittrex Global confirms free trading and listing for top DeFi token appeared first on AMBCrypto.

Bitto and YFSwap's YFBTC and YFETH tokens can remove the bad-taste of Food-DeFi tokens

While DeFi tokens such as Yearn.

Median DeFi token return on par with Bitcoin this year

Analysis of 38 top DeFi assets reveals a median performance only 15% above Bitcoin. Despite a pull back from the meteoric bull market for decentralized finance, the average DeFi token return has vastly outperformed Bitcoin and Ethereum.

Market Watch: DeFi Tokens Skyrocket As Bitcoin Price Stopped By $16,000

While BTC, ETH, and other larger-caps have calmed from their recent wild rally, the leading DeFi tokens have painted remarkable double-digit price increases over the past days.

DeFi the odds: Total user numbers up 55% in just six weeks

Decentralized finance users steadily increased by 40% during October, despite many DeFi tokens posting heavy losses for the month. While many decentralized finance (DeFi) tokens suffered heavy losses last month — prompting hastily written obituaries about the DeFi “bubble” — metrics measuring user activity saw sustained sector-wide growth. According to crypto market data aggregator Dune Analytics, the total number of unique DeFi user-addresses is around 860,000, an increase of roughly 10 times over the past year.

Aave Launches Upgrade, DeFi Tokens to Gain as Bitcoin Fails to Break $16K

Aave DeFi protocol launched an upgrade on its public testnet today.

Crypto Market Watch: DeFi Tokens Explode As Bitcoin Price Stagnant

While BTC presents stability, ETH soars above $460 as most altcoins, especially DeFi-related, are exploding in green.

Sideways Bitcoin price allows DeFi, Ethereum, and altcoins to rally higher

Ethereum, DeFi tokens, and altcoins capitalized on Bitcoin’s consolidation by rallying strongly in the past 48-hours. For the past two days, Bitcoin price has traded within the $14,800 to $15,500 range but the top-digital asset struggled to flip $15,500 to support.  A positive is BTC continues to make higher lows and at the time of writing the price is trying to break from the range but still encountering resistance at $15,500.

MyEtherWallet App Swipes Right for More DeFi Liquidity

MyEtherWallet is joining forces with 1inch.exchange to give MEW users access to hundreds of DeFi tokens.

Investors are back into Bitcoin but DEXs are still the future of crypto

Bitcoin’s rally to $15.9K stole the limelight from DeFi tokens and decentralized exchanges but the tables could turn rapidly. Bitcoin’s long-waited bull run and the recent wave of corporate and institutional investors allocating significant portions of their reserves to Bitcoin (BTC) are all signs that the pace of crypto’s mainstreaming is rapidly accelerating: But has the path to mass adoption come at the cost of privacy and decentralization?  Know Your Customer and Anti-Money Laundering laws have forced the majority of cryptocurrency exchanges to become more transparent about who their users are, and those who refused have had to limit the jurisdictions in which they can offer services. In order to operate legally in many countries, many exchanges have had no choice other than to abide by strict AML procedures, and aside from Monero (XMR), swathes of privacy coins have been delisted from most major exchanges.

Aave Price Surges 76% in One Week, DeFi Tokens to Move Higher as Institutional Adoption Increases

Aave (AAVE), one of the leading cryptocurrencies in the DeFi sector has seen its price reversal surge up to 76 percent in the past week.

Binance’s DeFi index crashes 60% as Bitcoin overshadows altcoins

Binance’s DeFi Composite Index has been hit hard by the abrupt drop of the DeFi sector, down around 60% since early September. Bitcoin (BTC) resurgence is continuing to sap capital from the altcoin markets as other cryptocurrencies are struggling to catch up to BTC. DeFi struggles as Bitcoin shines The DeFi Composite Index, first launched by Binance Futures in late August, is seeing its second month of strain, trading down from its all-time highs of close to $1,200 to under $400, a decline of roughly 60%. In fact, most DeFi tokens have erased 70% to 90% of their gains since early September, as Binance’s Nov.

Zero-sum game: DeFi declines while Bitcoin booms

While Bitcoin’s value has increased by more than one-third since September, DeFi tokens have floundered.

DeFi Tokens Bleed Out as Crypto Markets Correct

With bitcoin’s rejection of $14k, a market-wide correction has begun and decentralized finance tokens are taking the brunt of the pain today.

Ethereum Price Dip Wipes $1.5 Billion From DeFi Markets

DeFi tokens are down more than 50% since September, too.

Protect and serve? The dilemma of reissuing lost or frozen DeFi tokens

DeFi apps attempt to return crypto funds affected by the KuCoin hack to users.

While DeFi Tokens Dropped, Total Value Locked Kept Climbing

Since the summer peak of the DeFi explosion, top Ethereum-based tokens from the space have dumped considerably due to becoming overvalued too quickly, and Bitcoin suddenly stealing up any flowing capital share.

UMA, Maker, Uniswap Surge Up to 22%: What’s Causing the DeFi Recovery?

Major DeFi tokens, including UMA, Maker, and Uniswap have surged up to 22% in the past 24 hours.

Decentralized Danger: Is the DeFi Boom Killing Off Altcoins?

It’s fair to say that 2020 has belonged to DeFi tokens.

YFSwap and BITTO brings forward a batch of DeFi tokens based on Bitcoin and Ethereum!

While DeFi applications have taken the crypto-space by storm in 2020, there has also been a dark side to the whole proceeding with frequent ‘rug-pulls’ damaging the industry’s reputation.

DeFi traders blame YFI price collapse on shorting by Alameda Research

YFI price is still in a downtrend and many investors believe all attempts at recovery are being suppressed by Alameda Research. Yearn Finance (YFI) price has been in a serious rut during the past 2 weeks and many in the crypto community blame the sharp correction on Sam Bankman-Fried (SBF), the CEO of Alameda Research and FTX.  In the past month, DeFi giant Yearn.finance’s native token YFI dropped 62.7% from $43,970 to $16,360. As Cointelegraph has reported, the majority of DeFi tokens corrected 40%-60% in September and this sell off took place as Bitcoin and Ether (ETH) prices also dropped.

12 Defi Con Artists Exposed – Are Rug Pulling Incidents Threatening the Future of Defi ?  

The ongoing hype about the abnormally high returns from Defi tokens has naturally seen many more investors moving funds to decentralized protocols.

YFSwap to Turn Legacy Cryptocurrencies into High Yield DeFi Tokens

The DeFi movement is in full swing as platforms leverage of the capabilities of blockchain technology to create unique investment products capable of offering attractive returns.

Yearn.finance (YFI) gains 36% as DeFi tokens follow Bitcoin’s bullish trend

Yearn.finance (YFI) price surged by 58% in the last few days as three key factors suggest investors expect further upside. In the past 72 hours, Yearn.finance (YFI) surged by 58% after dropping to as low as $12,260 at a few exchanges.  Three factors that may have catalyzed the sharp rebound are: YFI had become deeply oversold, lead developer Andre Cronje’s deep commitment to the project and the ever expanding use cases for YFI within a large ecosystem. YFI was deeply oversold Over the past month DeFi tokens endured a brutal correction which saw the value of many DeFi tokens drop by 40%-70%.

Bitcoin runs crypto markets, but DeFi tokens don’t follow its lead

DeFi tokens have been around for a few months now — long enough to plot some recurring trends that show some clear patterns.

Bizarre Correlation Between Bitcoin Dominance And The Dollar Discovered

Bitcoin just rocketed above $11,000 following the recent Square news, and DeFi tokens everywhere had a significant bounce.

SEC Commissioner Peirce Weighs in Defi Token Regulation Debate: Panel Predicts Defi Will Self Correct in Twelve Months

The US Securities and Exchange Commissioner, Hester Peirce says while defi tokens carry some equity-like benefits, she believes that giving something away is distinct from selling something.

Finance Redefined: DeFi party’s over, back to building now, Sept. 30—Oct. 7

DeFi tokens suffered massive losses this week, and they could continue. This week in DeFi was notable for its lack of notable events.

DeFi Tokens BAL, REN Prices Rise on Coinbase Listing

But what bump occurred was negated by the massive downward slump.

DeFi Growth Could be Hindered if US Regulators Go After Decentralized Exchanges

Recently many DeFi tokens have plunged drastically in the past few weeks, with Uniswap’s UNI token and Yearn.finance (YFI) plunging over 38 percent.

3 key on-chain metrics point to a bullish reversal in Ethereum price

DeFi-tokens corrected heavily over the past 30-days but on-chain data suggest Ether is in the early stages of a bullish reversal. While Ether (ETH) price has been stuck between the $340-$350 range for the last month, multiple on-chain metrics suggest that a recovery may be building. Santiment, a cryptocurrency data analytics firm, recently noted that the number of deposits to exchanges has been decreasing since the start of September.

DeFi indexes crash despite strong fundamentals

Binance Futures’ DeFi Composite Index has lost half of its value since launching, while TokenSets’ DeFi Pulse Index is down by one-third. On August 28, Binance Futures launched its DeFi Composite Index, a basket of DeFi tokens that initially comprised 27% Chainlink (LINK) and 11% Aave (LEND) alongside nine other prominent DeFi tokens that made up between 6% and 9.5% of the index each.

Ethereum Leads DeFi Tokens On A 60% Average Fall From Summer Highs

Ethereum is the top dog when it comes to DeFi.

Cardano DeFi Development is in Full Swing

The market dip has hit DeFi tokens particularly hard.

DeFi tokens are oversold but revenue and TVL show traders expect a bounce

The pullback in the value of Yearn.finance and Aave signals that the DeFi market may be oversold but increasing revenues of the top projects suggests otherwise. Over the last month the crypto market has seen a significant amount of volatility as a 6-month altcoin bull market abruptly came to an end with the most recent Bitcoin (BTC) price rejection at $12,000. At the same time, the DeFi sector saw an amazing run as the total value locked in DeFi platforms surged above $10 billion but at the time of writing the sector is in the midst of a mild correction. DeFi index daily, weekly, monthly gains.

DeFi Token Yearn.Finance (YFI) Breaks Massive Pattern Neckline, What’s Next?

Yearn.Finance (YFI) has stolen the attention away from most other DeFi tokens, Ethereum, and Bitcoin thanks to an amazing run where tens of thousands per coin in value were added.

DeFi Tokens Sink as Bitcoin Price Holds Steady

Bitcoin is having a bad September, but the last 24 hours have been relatively stable.

Bored with Bitcoin price, traders chase gains in altcoins and DeFi tokens

Bitcoin price is sideways and pinned below $11K, leading traders to seek greener pastures in altcoins and DeFi tokens. For the few weeks Bitcoin (BTC) price has moved within a $850 range and recently the price resumed the trend of daily higher lows.  Despite this, $11,000 remains a hurdle the price has struggled to overcome but one positive is that altcoins are beginning to recover some of the hefty losses of the past few weeks.  Cryptocurrency daily market performance snapshot.

Gemini Adds Uniswap’s UNI and 14 Other DeFi tokens

Crypto exchange Gemini doubles down on decentralized finance with a fresh batch of tokens.

Gemini lists seven DeFi tokens

Cryptocurrency exchange Gemini announced that the platform will now enable trading and custody for seven new DeFi tokens such as Balancer (BAL), Curve (CRV), Ren Network (REN), Synthetix Network (SNX) The post Gemini lists seven DeFi tokens appeared first on AMBCrypto.

Visa-backed Anchorage Loads Up on Uniswap, DeFi Tokens

Anchorage, a digital asset custody provider, has added five new DeFi tokens, including Uniswap’s UNI, to its secure storage product.

Uniswap’s UNI Gains 20% as Most DeFi Tokens Suffer Losses

Uniswap’s new governance token UNI, just launched last week, skyrocketed in price within hours.

Crypto Hedge Fund Looks for $50M to Buy DeFi Tokens Amid Market Pullback

Panxora, a cryptocurrency hedge fund manager, seeks $50 million to buy digital tokens associated with decentralized finance, known as DeFi.

Here’s Why a Meme Coin Soared During a Market Sell-Off

While Ether slid by nearly 10% and DeFi tokens plunged even more, one project astonished the crypto world and accelerated the 10x increase it had seen of late: $MEME.

Ethereum and DeFi Tokens Plummet Amid High Selling Pressure

Popular DeFi tokens, including Yearn.finance (YFI), and Uniswap (UNI) have also witnessed strong corrections in the past few days.

Top Defi Dogs YFI, LEND, and UNI Correct Nearly 20%

Bitcoin, Ethereum, and other major crypto assets all plummeted over the last several hours, but few have dropped as hard as top DeFi tokens, YFI, LEND, and UNI.

Pinned below $11K, Bitcoin price plays second fiddle to Uniswap (UNI)

Bitcoin price still faces resistance at $11K as traders turn their attention to DeFi-tokens like Uniswap (UNI). As the weekend begins, Bitcoin (BTC) price continues to fluctuate between the $10,800-$11,000 range.  Cryptocurrency daily market performance snapshot.

Yearn.Finance (YFI) Flies 15% Percent From Local Price Floor, Fractal Targets $60K+

Yearn.Finance continues to defy all other DeFi tokens and gravity itself with its unstoppable rise to stardom.

Twitter CEO Jack Dorsey Explains Why Bitcoin is "The Best Internet Currency"

Bitcoin (BTC) and DeFi tokens have been all the rage lately, with crypto investors anticipating BTC’s next bull run and the DeFi industry booming in growth.

Is UniSwap at risk after SUSHI and CRV price crash in DeFi bloodbath?

Uniswap traders should proceed with caution as DeFi tokens such as CRV have been showing weakness since the SUSHI fiasco. In recent months, the focus of the cryptocurrency markets has been on the Decentralized Finance or DeFi space and decentralized exchanges.

Analyst: “Altseason” is Postponed as Ethereum Begins Flashing Warning Signs

Ethereum has been seeing some intense selling pressure over the past few days, which has likely come about due to the trend reversal seen amongst DeFi tokens.

While DeFi Tokens Are Selling Off, Total Value Locked Jumps

After seeing a near-meteoric price rise this summer, the tokens of many well-known DeFi protocols were hit by a wave of selling pressure today, causing most tokens in the space to drop between 5% and 20% over the past 24 hours.

New Index From DeFi Pulse and Set Protocol Offers Easy Access to 10 DeFi Tokens in 1

Data company DeFi Pulse and investment-minded Set Protocol have created a permissionless index of the very best DeFi tokens, called the DeFiPulse Index.

5 Crypto Assets Have 100x Potential After Market Correction, Says Lark Davis

Crypto investor and influencer Lark Davis is naming five DeFi tokens that he believes are likely to exponentially rise after the current market correction is over.

YFI Reclaims Support Post Coinbase Listing, New All-Time Highs In Sight

Yearn.Finance, most commonly referred to as YFI, is one of the hottest DeFi tokens this year and trades at prices three to five times as much as Bitcoin itself.

Ethereum Price Bounces Back, Bringing DeFi Tokens With It

The price of Ethereum has stabilized after a rough week.

DeFi tokens rebound with 19% bounce in 24 hours

DeFi tokens are rebounding, with the sector posting average gains of 19% today. After a bloody week for decentralized finance (DeFi) projects that saw numerous tokens plummet by up to 50%, the DeFi sector has rebounded by 19% in one day.

Has the Defi Bubble Burst? Top DeFi Tokens Crash by 50%

The decentralized finance (DeFi) industry appears to be crashing, with DeFi tokens plummeting and dropping by 50% and more over the past seven days.

DeFi goes boom as top tokens crash by 50% in one week

The recent crypto market crash has wreaked havoc on DeFi tokens, with with 95% of DeFi assets posting a seven-day loss The decentralized finance (DeFi) bubble appears to have popped for the time being, with half a dozen top DeFi tokens shedding half of their fiat value over the past seven days. According to crypto market data firm Messari’s list of DeFi assets, 32 of 34 markets are down over the past week — with only PowerPool (CVP) and SushiSwap (SUSHI) posting seven-day price gains. The markets hardest hit include Curve — which is down 65% this week, followed by Meta with a 58% loss, Ren with 52%, AirSwap with 51%, and bZx Network and Wrapped Nexus Mutual with a 49% draw-down each. Rough week in DeFi land with 6 assets dipping more than 50% + over the last 7 days Where are we going next? pic.twitter.com/3vJiqb4xhr— Messari (@MessariCrypto) September 8, 2020 The sell-off has erased the gains enjoyed by most DeFi markets during August’s month of record volatility, with more than 60% of the tokens featured in Messari’s DeFi list posting a 30-day loss as of this writing.