Is Cross-Chain Technology The Best Way Forward For Blockchain and DeFi?

Is Cross-Chain Technology The Best Way Forward For Blockchain and DeFi?

The rapid rise of decentralized finance has changed the economic world forever.  Popular decentralized exchanges like Uniswap and Sushiswap, and lending platforms like Compound, facilitated a Total Volume Locked growth from $675 million to $16.2 billion across 2020 for the DeFi world.  DeFi’s popularity has also made blockchain interoperability through cross-chain interaction a stronger reality […]


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Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges...

Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL) in defi has dropped 2.61% in value, and cross-chain bridges have lost roughly 20.3% during the last 30 days. Value Locked in Cross Chain Bridge Tech Slips 20% Lower Than Last Month Over $100 billion in USD value was recently removed from the total value locked (TVL) in defi and TVL statistics continue to slide. Four days ago, the TVL in defi was approximately $112.29 billion and....

Introducing Cross-Chain DeFi by Relite Finance

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Total Value Locked in Cross-Chain Defi Bridges Exceeds $22 Billion, Jumping 4...

On October 29, the total value locked (TVL) in decentralized finance (defi) protocols is around $243 billion with Curve capturing 7.76% of the dominance. Meanwhile, as ethereum has the largest dominance of TVL in defi, a number of alternative blockchains are seeing significant increases every week. Moreover, the TVL in cross-chain bridge technology has reached $22.48 billion, up 48.8% over the last month. Defi Total Value Locked Hovers Above $240 Billion — Avalanche, Fantom, Polygon, Tron, Arbitrum TVLs in Defi Increase The total value locked in decentralized finance apps....

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