ConsenSys Announces Codefi Project to Boost DeFi Adoption
ConsenSys is doubling down on the DeFi ecosystem with a new product suite called Codefi.
Decentralized options marketplace Opyn has launched put options on COMP that will provide a safety net of sorts should COMP’s fortunes take a turn for the worse.
FTX has launched eight unique index futures and volatility markets in less than 12 months. But few traders use these markets.
June trading volume on decentralized exchanges set a record high of $1.52 billion, up 70% from May.
It’s costing more to use Ethereum and that may be because more users are flocking to the platform than ever before, according to one key on-chain metric.
The DeFi market hitting $1 billion in locked crypto is something even the most fervent ethereum skeptics would have a tough time dismissing as meaningless.
The most popular decentralized finance application on ethereum, MakerDAO, was built to keep a stablecoin's price stable. Under the hood, it's quite complex, featuring two separate tokens, a lending system and even a voting process. Here's how it works