Rebase Token Carnage: OHM, TIME, KLIMA Down More Than 98% From All-Time Highs

About four months ago, four of the top rebase tokens by market valuation were worth close to $8 billion in USD value and today, the entire lot of rebase tokens collectively are valued at $1.14 billion. The largest rebase crypto by market capitalization, olympus (OHM), had a $4.3 billion market valuation last November, but after […]

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Label Locked in Defi Climbs Again Above $200 Billion, ETH Dominates Defi TVL by 54%

As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range for most of the year. While the TVL in defi dropped 0.51% during the last 24 hours, statistics show the TVL today is hovering around […]

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Optimism Raises $150 Million in Series B Funding Round Led by Paradigm and A16z

Optimism, an L2 (Layer 2) rollup solution for Ethereum, has raised $150 million in its Series B funding round coming from big companies in the venture capital (VC) scene. The funding round was led by A16z and Paradigm, with the former also having invested during the previous funding round. The scaling solution reached a valuation […]

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Slightly Unknown Protocols Push TVL in Defi Above the $200 Billion Vary

On February 15, the total value locked (TVL) in decentralized finance (defi) platforms is just above the $200 billion range, after a brief slump below that region last week. Out of the entire TVL in defi today, Ethereum commands 59.22% of that value with 532 defi protocols. Metrics during the last seven days show a […]

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Value Locked in Defi Climbs 13% Elevated Since Final Week’s Low, SOL Value Jumps 25%, AVAX TVL Spikes

The total value locked (TVL) in decentralized finance (defi) has jumped back above the $200 billion range, hovering around $216.49 billion on Saturday morning (EST). The TVL in defi has increased 13.60% since tapping a low of $190.57 billion 13 days ago on January 23. The decentralized exchange (dex) Curve’s $19.41 billion TVL dominates the […]

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