Tag: yearn finance (yfi)

In brief: Bitmex will list 6 new perpetual contracts in March of ADA, DOT, EOS, UNI, XLM and YFI The new contracts will be launched in batches with DOT and UNI going live on March 3rd Bitmex has fallen from being the top-ranked derivatives platform since the CFTC pursued charges against its top execs The new perpetual contracts and the Bitmex Mobile Apps,...

Summary: SushiSwap (SUSHI) is now supported on BitGo's custodial and non- custodial wallets The team at BitGo cited the SushiSwap team's consistency and resilience as one reason to add support for SUSHI Furthermore, SushiSwap's collaboration with Yearn Finance is an indicator of growth in the DeFi industry SushiSwap (SUSHI) is now supported on BitGo's custodial and non- custodial wallets. The team at BitGo made the...

Quick take: The supply of Yearn Finance (YFI) is 700 times lower than that of Bitcoin Like Bitcoin, YFI is valued at the $30k area with a current value of $32,300 The project has lately merged or partnered with several DeFi projects Yearn Finance is a DeFi project to watch moving forward The digital asset of Yearn Finance (YFI) is scarcer than Bitcoin....

Quick take: The Yearn Finance (YFI) ecosystem is once again showing signs of life Yearn Finance's transaction count hit a new all-time high of 11.3k on the 7th of November YFI has rebounded hard from a local low of $7,450 YFI value has once again exceeded that of Bitcoin at its current rate of $18,400 From the beginning of Q4 2020, popular DeFi...

Quick take: Popular DeFi tokens such as YFI, COMP, SUSHI and CRV are down by over 60% since their all-time high values DeFi tokens continue to correct due to the current crypto market environment The overall market cap of DeFi related digital assets has dropped by 25% in the last 24 hours Trading volume in the same time period has dropped by 30%...