Introducing Cross-Chain DeFi by Relite Finance
Relite is a decentralized, cross-chain lending protocol built on Polkadot. Relite aims to provide a platform where lending and borrowing is accessible to all and isn’t limited to any one blockchain. This cross-chain lending platform will enable users to lend and borrow with their native crypto in one protocol; something that the DeFi market is […]
Related News
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....
Decentralized finance (DeFi) and cross-chain bridges have seen some of the highest growth in recent months. The crypto market has begun another recovery trend and its effects are reverberating through the entire industry. Cross-chain bridges which allow different blockchains to interact with one another, thereby allowing for trading between two blockchains, are in high demand. […]
Hacks in the decentralized finance (DeFi) space have become so rampant that they are expected at this point. However, with billions of dollars passing through the industry, it has become imperative to ensure the safety of users through adequate security measures. Bitcoinist caught up with Erez Ben-Kiki, CEO and Founder of DeFi cross-chain bridge, ChainPort, […]
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....
One of the most successful innovations to come out of blockchain technology is the introduction of decentralized finance. Decentralized or DeFi is a broad term used to catalog the decentralized applications that integrate traditional financial services into the crypto world. Decentralized finance applications and protocols are constantly evolving to integrate emerging trends. Over the last few months, the DeFi industry has seen a sudden influx of liquidity-focused decentralized finance projects introducing a new generation of DeFi called DeFi 2.0. Introducing DeFi 2.0 DeFi 2.0 is a new....