Finance Redefined: Uniswap breaches $1T volume, WEF 2022 discussion on Terra, and more

2022.05.28 13:36

Finance Redefined: Uniswap breaches $1T volume, WEF 2022 discussion on Terra, and more

The decentralized finance (DeFi) ecosystem continues to struggle with the ongoing market volatility and after-effects of the Terra ecosystem collapse. Over the past week, major DeFi protocols showed signs of increased trading activity, with Uniswap breaching the $1 trillion trading volume mark.

Terra remained the focus of most of the discussions around blockchain and crypto at the World Economic Forum (WEF), with analysts suggesting Terra was offering unsustainable yields. DeFi insurance protocol to pay out millions after Terra collapse, while interest in Ethereum Name Services (ENS) shattered new records.

WEF 2022: Terra was offering unsustainable yields and DeFi can support financial inclusion

InsurAce says it will pay millions to claimants after Terra’s collapse

Uniswap breaks $1T in volume — but has only been used by 3.9M addresses

Interest in Ethereum Name Service reaching ‘critical mass’

DeFi market overview

Before you go!

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