Cryptocurrency News

Finance Redefined: DeFi’s downturn deepens, but protocols with revenue could thrive

2022.07.23 09:58

Finance Redefined: DeFi’s downturn deepens, but protocols with revenue could thrive
Finance Redefined: DeFi’s downturn deepens, but protocols with revenue could thrive

Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights — a newsletter crafted to bring you some of the major developments over the last week.

This past week, the DeFi ecosystem saw several new developments related to the DeFi lending crisis as Celsius filed for bankruptcy. At a time when bears are more dominant in the current market, DeFi protocols with a revenue system can thrive.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 104,715.06 2.81%
ethereum
Ethereum (ETH) $ 3,866.96 3.61%
xrp
XRP (XRP) $ 2.54 5.03%
tether
Tether (USDT) $ 0.999742 0.08%
bnb
BNB (BNB) $ 716.51 2.18%
solana
Solana (SOL) $ 216.67 2.57%
dogecoin
Dogecoin (DOGE) $ 0.385707 5.38%
usd-coin
USDC (USDC) $ 0.999974 0.13%
staked-ether
Lido Staked Ether (STETH) $ 3,858.64 3.57%
cardano
Cardano (ADA) $ 1.04 5.80%
tron
TRON (TRX) $ 0.272999 6.84%
avalanche-2
Avalanche (AVAX) $ 46.54 7.90%
chainlink
Chainlink (LINK) $ 27.41 2.98%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,592.22 3.48%
shiba-inu
Shiba Inu (SHIB) $ 0.000026 5.56%
the-open-network
Toncoin (TON) $ 5.72 5.84%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 104,563.02 2.56%
sui
Sui (SUI) $ 4.59 5.42%
stellar
Stellar (XLM) $ 0.434353 3.28%
polkadot
Polkadot (DOT) $ 8.27 6.46%
hedera-hashgraph
Hedera (HBAR) $ 0.300468 4.45%
weth
WETH (WETH) $ 3,869.58 3.46%
bitcoin-cash
Bitcoin Cash (BCH) $ 522.53 3.31%
uniswap
Uniswap (UNI) $ 15.88 2.76%
pepe
Pepe (PEPE) $ 0.000021 8.20%
leo-token
LEO Token (LEO) $ 9.71 0.93%
litecoin
Litecoin (LTC) $ 117.96 0.64%
hyperliquid
Hyperliquid (HYPE) $ 25.31 10.23%
near
NEAR Protocol (NEAR) $ 6.26 10.28%
wrapped-eeth
Wrapped eETH (WEETH) $ 4,081.88 3.50%
aptos
Aptos (APT) $ 12.76 7.56%
bitget-token
Bitget Token (BGB) $ 4.39 14.64%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.06%
internet-computer
Internet Computer (ICP) $ 11.96 5.56%
aave
Aave (AAVE) $ 370.15 0.33%
usds
USDS (USDS) $ 0.998715 0.21%
crypto-com-chain
Cronos (CRO) $ 0.190576 7.46%
ethereum-classic
Ethereum Classic (ETC) $ 31.65 6.04%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.554647 6.59%
vechain
VeChain (VET) $ 0.054364 8.44%
render-token
Render (RENDER) $ 8.36 6.30%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.58 5.55%
monero
Monero (XMR) $ 219.96 0.19%
mantle
Mantle (MNT) $ 1.18 4.23%
arbitrum
Arbitrum (ARB) $ 0.934809 5.73%
bittensor
Bittensor (TAO) $ 525.44 2.96%
mantra-dao
MANTRA (OM) $ 4.03 3.41%
filecoin
Filecoin (FIL) $ 6.10 7.09%
fantom
Fantom (FTM) $ 1.34 4.43%
whitebit
WhiteBIT Coin (WBT) $ 25.00 1.16%