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Cryptocurrency News

Finance Redefined: Uniswap goes against the bearish trends, overtakes Ethereum

06/25/2022

Less than a minute

2022.06.25 00:46

This past week, the decentralized finance (DeFi) ecosystem tried gaining some momentum amid the bear market crash. Uniswap saw a trend reversal and overtook Ethereum regarding network fees paid. However, not all DeFi protocols were as lucky, as Bancor had to pause its “impermanent loss protection” in the wake of a hostile market.

DappRadar’s report shows that the GameFi ecosystem continues to thrive despite the current downturn in the market. Solend invalidates Solana whale wallet takeover plan with second governance vote.

Source

06/25/2022

Less than a minute