The decentralized finance (DeFi) sector experienced a notable decline in economic activity in August, with trading volumes across DeFi protocols dropping to $52.8 billion, marking a 15.5% decrease from July.
Liquidity Pool News
According to Spot On Chain monitoring, MKR has increased by 16% in the past 24 hours. The MakerDAO founder bought MKR for $1,044 20 hours and 13 hours ago.
The price of USDC has been unanchored, and Binance, Coinbase, etc. have announced the closure of USDC exchange services. Facing panic and runs, will USDC enter a death spiral?
On February 15th, the third round of Blur airdrops was released, and its tokens were officially launched on exchanges such as Okex, Huobi, Coinbase, Bitget and others.
Innovation in token design lags behind the larger ecosystem.
One of the hottest areas of DeFi right now is the intersection of DeFi and NFTs, also known as NFTfi.
Acala officially announced that it has identified the remaining 51 million aUSD in the aUSD error minting event, the vast majority of which remain in Acala’s relevant addresses, and about 70% of related transactions still need to be tracked.
SudoRare shut down its website and social media accounts after stealing 519 ETH worth about $815,000 from consumers’ accounts.
Igor Igamberdiev, director of data research at The Block, said on Twitter that Jump Crypto attempted to stabilize UST’s peg to the U.S. dollar a week ago and added more than $682.5 million in liquidity in other U.S. dollar stablecoins to the liquidity pool on Curve and represented by LPs.