Uniswap News

TVL in DApps Hits $26 Billion Amidst Market Developments

Despite challenges, Ethereum’s total value locked in DApps reaches a new high of $26 billion, bolstered by a strong NFT market presence and upcoming network advancements, illustrating its robust growth and innovation in the cryptocurrency landscape.

DeFi Economic Activity Declines in August

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.

Will USDC Enter a Death Spiral?

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?

DeFi Market Cap Falls in Q2 but User Activity Fared Better

CoinGecko recently released its Q2 2022 cryptocurrency report, which saw a 75% drop in DeFi market capitalization in the second quarter, but the report acknowledged that the industry retained most of its users. In some cases, DeFi activity has seen a huge spike.