DeFi projects added to its TVL at an astonishing rate this year. The TVL stood at $691 Million in January 2020 and nearly a year later, the TVL surpassed $15 Billion on Monday. The YTD growth of DeFi is over 2000% with the top 6 DeFi projects including Maker, WBTC, Aave, Compound, etc. registering over...Read More
Bitcoin’s volatility is high this week, as the price has dropped from $19000 to $16900. The price hike was supported by the “shortage of supply” narrative. Looking at how the supply is not short anymore and based on data from Chainalysis, the change in BTC held on exchanges in the last day is 39.51k BTC,...Read More
Many times, perpetual markets have outpaced spot markets for a multitude of reasons. High leverage is the primary driver of growth. It brings in new buyers and traders. Traders look for options like margining in crypto instead of fiat, and no expiry, as opposed to dated futures. This makes perpetual swap lucrative. To top this...Read More
