DeFi


Markets

Harvest Finance Doubles Total Value Locked to $704M in One Week

Harvest Finance’s dramatic growth took place during a time when enthusiasm around the DeFi space has slowly hit a wall.

Farmers harvesting, Ethnographic Museum in Avgorou, Cyprus.

Finance

USDC Is Coming to Solana Blockchain in Potential Boost for Non-Ethereum DeFi

USDC moves to Solana – its fourth blockchain – one week after also landing on Stellar.

(HFA_Illustrations/Shutterstock)

Markets

Tether Still Dominates Stablecoins, but USDC and Dai Are Winning DeFi

USDC and DAI seem to have found their niche as the preferred stablecoins in decentralized trades.

Circle CEO Jeremy Allaire.

Finance

With COMP Below $100, a Look Back at the 'DeFi Summer' It Sparked

Compound's governance token, COMP, fell below $100 early Tuesday. The DeFi token kicked off the yield farming craze way back in June.

DeFi Summer has cooled.

Tech

Uniswap's First Governance Vote Ends in Ironic Failure

The vote had been intended to decide whether or not to reduce the threshold required to make and pass proposals on the DeFi protocol.

unicorn, swim

Videos

Binance’s CZ: Binance Smart Chain Is ‘Not Trying to Be the Ethereum Killer’

Binance CEO Changpeng “CZ” Zhao explains why the world’s largest cryptocurrency exchange is tapping into the decentralized finance (DeFi) trend with Binance Smart Chain. He also tells CoinDesk reporter Muyao Shen why he doesn’t view Ethereum as competition.

CoinDesk placeholder image

Videos

RAC on DeFi and Yield Farming: ‘These Days It Feels Like a Full-Time Job’

RAC, the Grammy award winning artist and part-time yield farmer says that “these days it feels more like a full-time job.” RAC joins CoinDesk senior narkets reporter Daniel Cawrey to discuss a day in the life of a musician turned yield farmer during lockdowns, the end of DeFi and the future of NFTs.

CoinDesk placeholder image

Markets

First Mover: OKEx Private Key Snafu Sends Bitcoin Lower as China DeFi Rises

OKEx withdrawal suspension sends bitcoin lower, China becomes hotbed of DeFi development, Filecoin first-day trading leaves market cap above $800M.

The OKEx exchange had to suspend withdrawals because a founder who held a crucial private key was reportedly detained.

Tech

DeFi Audit Firms Seeing 'Overwhelming Demand' Even Amid Token Price Slump

Overbooked audit firms are “rejecting” DeFi projects for code checks as the young sector wallows in its first bear market.

DeFi projects are lined up out the door for code audits as 'DeFi Summer' dies down.

Markets

How the DeFi Craze Made Its Way to China

DeFi is booming in China, with startups adapting and building on popular western projects within the nation's active crypto economy.

The interest in decentralized finance (DeFi) projects has made its way to China.