[vc_row][vc_column][vc_paragraph text=”In the trending decentralized Finance industry, the blocked value has dropped significantly over the past two days. The sudden decline in DeFi TVL may be related to the current downturn in the cryptocurrency market.“][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”DeFi TVL rolls back 7 percent” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”According to the DeFi Pulse Protocol tracker, the highest total value of blocked protocols was reached on September 2, and amounted to $ 9.512 billion. However, from this point on, DeFi TVL began to fall in accordance with the sell-off mode in the cryptocurrency market. Today, this figure is about $ 8.834 billion, which is about seven percent less than the highest value.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Thus, the cost of TVL fell by about $ 700 million in two days. Meanwhile, Uniswap, TVL’s largest DeFi Protocol, also fell slightly. As of September 2, the decentralized exchange (DEX) had a blocked total value of about $ 1.679 billion. This value fell to $1.652 billion. three hours ago, but also rose to $ 1.775 billion at the time of writing.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The biggest loser today among the top ten decentralized Finance protocols is Balancer DEX, which currently shows -16.35%.”][/vc_column][/vc_row]
Blockchain
Blockchain in the advertising industry
Today we will take a detailed look at the prospects for the development of blockchain in the advertising business and ...
News
Chinese Tescent will put 500 billion of yuan into blockchain initiatives
Chinese Tescent will spend 500 billion of yuan on FinTech development in China seeking to accelerate the blockchain development in ...
analytics
Top 10 Most Promising Altcoins in 2021
Due to the recent cryptocurrency boom, you should be wondering which altcoins have the most promising potential. Since there are ...