The growing popularity of DeFi has led to tens or even hundreds of thousands of unique addresses interacting with the largest protocols. The new users that arrived were, most of the time, evenly distributed, except for some events that increased interest in specific projects. These include significant protocol updates (like Maker MCD) and token distributions […]
Jul 21, 2021, 10:18AM UTC
To date, the successes in DeFi have been around the simplest and most used financial primitives. For example, the number one use case by value is stablecoins, the supply of which recently passed $100 billion. Stablecoins offer the baseline unit-of-account for denominating debt, and this is most useful in margin trading. DEX designs from AMMs […]
Jun 5, 2021, 5:34AM UTC