CEO Steve Ehrlich says this quarter’s revenue is on track to double what the company produced in all of its last fiscal year.
Big crypto exchanges like Binance, Huobi and OKEx are rushing out DeFi platforms to cash in on the fast-growing industry and stanch user defections.
The Ethereum blockchain’s soaring gas prices don’t seem to have deterred customers, as DeFi usage grows and tests what the market can bear.
Yearn.finance’s YFI token, which looked like another inside DeFi joke when it launched in July, dominated the August return rankings.
Binance’s new “DeFi Index Futures” show the push by centralized crypto exchanges to cash in on this year’s frenzy in so-called decentralized finance.
The success of DeFi on the Ethereum blockchain has brought traders more than just congestion and high transaction fees: Volatility in ether prices.
Cryptocurrency markets from bitcoin to DeFi might be full of rampant speculation, but they also might be keeping the fires of capitalism lit.
This year’s growth in the cryptocurrency subsector DeFi has been so remarkable that some analysts are now calling the phenomenon “exuberant.”
Compound’s new COMP token is only five days old, but its price is soaring. Observers tie the rally to speculation over the future growth of decentralized finance.
The frenzy around decentralized lender Compound’s new governance token reveals growing excitement for the DeFi space overall.