Cryptocurrency News

Finance Redefined: Axie Infinity creator raises $150M, DApp daily users surge to 2.4M and more

04/09/2022

Less than a minute

2022.04.09 02:32

Finance Redefined: Axie Infinity creator raises $150M, DApp daily users surge to 2.4M and more

The decentralized finance (DeFi) world saw another week of increased on-chain and developer activity even when the overall market cap took a slight dip amid overall market retrace. The creators of the popular play-to-earn nonfungible token (NFT) game Axie Infinity raised $150 million to reimburse hack victims of the Ronin bridge exploit.

The decantralized application, o daily user count surged to 2.4 million in the first quarter of 2022, while SushiSwap (SUSHI) and Synthetix (SNX) were booted out of Grayscale’s popular Decentralized Finance Fund. The widely-popular DeFi protocol Yearn.finance announced its support for the newly-passed ERC-4626 tokenized vault standard.

04/09/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 104,107.89 3.75%

Ethereum (ETH) $ 3,844.78 4.35%

XRP (XRP) $ 2.50 5.65%

Tether (USDT) $ 0.999178 0.17%

BNB (BNB) $ 711.95 3.05%

Solana (SOL) $ 215.87 2.72%

Dogecoin (DOGE) $ 0.383231 5.58%

USDC (USDC) $ 0.999883 0.15%

Lido Staked Ether (STETH) $ 3,837.23 4.37%

Cardano (ADA) $ 1.03 6.44%

TRON (TRX) $ 0.272038 6.34%

Avalanche (AVAX) $ 46.17 7.89%

Chainlink (LINK) $ 27.07 3.94%

Wrapped stETH (WSTETH) $ 4,573.13 4.05%

Shiba Inu (SHIB) $ 0.000026 5.61%

the-open-network

Toncoin (TON) $ 5.70 5.72%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 104,045.88 3.37%

Sui (SUI) $ 4.59 5.12%

Stellar (XLM) $ 0.430203 3.88%

Polkadot (DOT) $ 8.22 6.50%

hedera-hashgraph

Hedera (HBAR) $ 0.295458 3.05%

WETH (WETH) $ 3,846.26 4.14%

Bitcoin Cash (BCH) $ 517.78 4.51%

Uniswap (UNI) $ 15.67 3.11%

Pepe (PEPE) $ 0.000021 8.42%

LEO Token (LEO) $ 9.65 0.25%

Litecoin (LTC) $ 116.28 2.10%

Hyperliquid (HYPE) $ 24.73 11.63%

NEAR Protocol (NEAR) $ 6.21 9.77%

Wrapped eETH (WEETH) $ 4,056.51 4.24%

Aptos (APT) $ 12.73 6.74%

Bitget Token (BGB) $ 4.37 12.57%

Ethena USDe (USDE) $ 1.00 0.31%

internet-computer

Internet Computer (ICP) $ 11.88 5.39%

Aave (AAVE) $ 366.85 1.11%

USDS (USDS) $ 0.998389 0.19%

crypto-com-chain

Cronos (CRO) $ 0.188896 5.18%

Ethereum Classic (ETC) $ 31.46 6.20%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.550187 6.65%

VeChain (VET) $ 0.054198 7.66%

Render (RENDER) $ 8.31 6.72%

Artificial Superintelligence Alliance (FET) $ 1.58 5.40%

Monero (XMR) $ 218.84 0.26%

Mantle (MNT) $ 1.17 5.03%

Arbitrum (ARB) $ 0.930559 6.10%

Bittensor (TAO) $ 522.36 2.87%

MANTRA (OM) $ 4.04 4.01%

Filecoin (FIL) $ 6.06 7.09%

WhiteBIT Coin (WBT) $ 24.95 1.67%

Fantom (FTM) $ 1.24 11.85%