[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]
DeFi
The DeFi Hotdog token collapsed, dropping from $ 4,000 to $ 1 in five minutes
[vc_row][vc_column][vc_paragraph text="Another food-related decentralized Finance (DeFi) project HotdogSwap, plummeted in five minutes. Following the current trend, we can predict that ...
News
Reddit launches its community token
[vc_row][vc_column][vc_paragraph text="Reddit has announced Community Points launching, the ERC20 tokens based on Ethereum enabling users to make money."][/vc_column][/vc_row][vc_row][vc_column][vc_heading title="Community tokens ...
Ethereum
Key Expert Forecasts for Ethereum in 2021
Despite the economic turmoil caused by COVID-19, 2020 has been an impressive year for Ethereum. The price of the world's ...