UNI surges 50% in one week, becomes first DeFi DApp token in crypto’s top 10
Uniswap’s governance token has become the first DeFi token to rank among the ten-largest crypto assets by capitalization. The native token of leading decentralized exchange Uniswap has surged by nearly 50% this week, ranking UNI as the eighth-largest crypto asset with a $17.7 billion market cap as speculation builds for the exchange’s coming V3 overhaul.Messari currently ranks UNI as the -second-largest Ethereum-based asset by market cap behind Tether, beating out the Chainlink by nearly 50% of its capitalization.UNI broke into the top 10 on March 5, becoming the first native token of a....
Related News
TribeOne, the world’s first AI-powered DeFi and NFT-funding platform, is hosting a special event ‘The Biggest NFT Giveaway’ where they will giveaway an NFT from the immensely popular Mutant Ape Yacht Club Collection. Users can participate in the giveaway by placing loan requests for an NFT of their choice on TribeOne’s dApp. What is TribeOne? Besides hosting Crypto’s Biggest NFT Giveaway, TribeOne has been offering lending solutions to DeFi users to help them take part in the NFT space. NFT market is a billion-dollar market and is growing at a rapid pace as more creators, traders, and....
Maker's MKR token surged to its highest level in more than two years.
BNBMatrix.io is a yield farming Dapp on BSC. The goal is to make the most of the Binance Smart Chain without having to spend too much time and/or resources. The Binance Smart Chain (BSC) has seen an increase in the activity on its blockchain from token swaps, dApps to NFTs, and decentralized money markets. One of the best features of the BSC is that it offers cross-chain atomic swaps with gas fees that are almost 20 times lower than other chains. Its Proof-of-stake Authority (PoSA) consensus allows for it to be a high-speed infrastructure, helpful for DeFi apps. This makes it suitable for....
While decentralized finance (DeFi) has seen a strong surge in 2020, Maker (MKR), a token strongly tied to DeFi, has underperformed. The cryptocurrency, relative to its competitors, is underperforming; where Aave’s LEND and Synthetix’s Synthetix Network Token surged hundreds of percent in this year alone, MKR only saw a 20-30% move higher. The market may […]
On April 10th 2021, the ZooKeeper DApp emerged on Wanchains mainnet to complement another Wanchain community DApp, Wanswap. ZooKeeper is a gamified yield farming DApp built on Wanchain, where the focus of the team was to make crypto farming a lot more fun and rewarding. For approximately a week now, it’s been possible to dual […]