total value locked

While Solana (CRYPTO: SOL) rallied significantly in the past week taking its position to the top fourth-ranked crypto token, now it is witnessing a drop in price amid falling Total Value Locked (TVL) and profit booking amongst traders. What Happened: Solana is currently seeing a price...

New projects, airdrops, high total value locked and a rapidly growing investor interest have enabled Solana (CRYPTO: SOL) to capture the fifth position in top cryptocurrencies by valuation. What Happened: Solana reported on Wednesday a surge in its valuation to $35.5 billion,...

DefiLlama data indicates that the total capital locked or staked across all decentralized finance (DeFi) protocols peaked at $49.6 billion, on Dec. 5, 2023. For the first time in six months, the value of underlying assets increased, and investors looked to secure a yield on their crypto holdings....

Decentralized trading platforms Velodrome and Aerodrome have alerted users about security breaches. What Happened: Both exchanges issued warnings Wednesday, urging users to refrain from using either website "for the time being." "Our front end is currently compromised,"...

In the rapidly evolving world of blockchain technology, a significant shift is underway, reshaping how decentralized applications (dApps) operate across multiple chains. Binance Research's latest report highlights the growing importance of cross-chain interoperability, with DeFi (Decentralized...

The Shanghai upgrade for Ethereum (CRYPTO: ETH), rolled out in April, hasn't spurred the anticipated surge in activity on the leading smart contract blockchain, according to a recent research report by JPMorgan. The bank's analysis, which will likely be a topic of discussion at...

Optimism (CRYPTO: OP) has announced its latest community airdrop. The Layer 2 blockchain is distributing more than 19.4 million OP tokens, equivalent to $27 million, to its users. This airdrop reached over 31,000 distinct addresses, with the criteria for eligibility being the delegation of OP...

Binance Labs, the investment and incubation subsidiary of Binance (CRYPTO: BNB), has announced a $5 million investment in Curve DAO Token (CRYPTO: CRV), the utility token that powers the Curve ecosystem.  Curve has a total value locked (TVL) of approximately $2.4 billion and a daily...

There was a serious security flaw in the TRON (CRYPTO: TRON) blockchain network, according to dWallet Labs' cybersecurity research team, 0d. The issue, reported on Feb. 19, has since been resolved. What Happened: The vulnerability could have bypassed the multisig security protocols of TRON...

Ethereum (CRYPTO: ETH) has reached a fresh record, with 19,375,242 ETH now locked away, amounting to a total value locked (TVL) of $27.7 billion. This achievement comes despite recent minor withdrawals. It also has significant implications for Ethereum and its investors, particularly...

Tether (CRYPTO: USDT) has become the leading stablecoin on the Polygon (CRYPTO: MATIC) network in the first quarter (Q1) of 2023 with a $735 million market cap, surpassing USD Coin (CRYPTO: USDC). Polygon's Q1 performance showcased consistent financial metrics, a stabilized DeFi ecosystem...

The native token of the GMX (CRYPTO: GMX) exchange is currently trading at $83.12 and has increased by about 89% since the start of the year, according to CoinGecko. The decentralized derivatives exchange is receiving support from its community for the deployment of its protocol on Base,...