DeFi economic activity drops 15% in August —VanEck
According to an analysis from investment manager firm VanEck, exchange volume across DeFi protocols declined to $52.8 billion in August, 15.5% lower than in July.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to an analysis from investment manager firm VanEck, exchange volume across DeFi protocols declined to $52.8 billion in August, 15.5% lower than in July.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Why truly decentralized DeFi needs no legal exemption according to SEC Commissioner Hester Peirce
SEC Commissioner Hester Peirce drew a sharp line around decentralized finance on Sept. 17. She said investors need no exemption to...
XRP News: Exchange Churn Surges, Binance Reserves Barely Move
Binance recorded average XRP inflows of 21,718,631 tokens per day last week, a figure 663% above the exchange’s quarterly baseline...
USDT On TRON Overtakes Bitcoin In CoinsBee Payment Activity
TL;DR CoinsBee says USDT on TRON generated about 1.8 times as many completed payments as Bitcoin over its measured 90-day window....
Bitcoin (BTC) Price Today: BTC Breaks $85K Resistance as Bulls Defend $80K Support
BTC traded around $85,311 in the technical analysis referenced for this report, while the broader market move also lifted Bitcoin...
REX Launches 2X Leveraged ETF Tracking Bitcoin Treasury Firm Strive
TL;DR REX Shares has launched the T-REX 2X Long Strive Daily Target ETF under ticker ASSX. The fund seeks 200% of the daily perfor...
Ethena’s USDe briefly drops to $0.65 on Binance before recovery
The incident highlights the vulnerability of centralized exchanges to operational issues, emphasizing the resilience of decentrali...