Daily Archives: 27/08/2020

The value of blocked assets in DeFi applications exceeded $ 7 billion

The total value of assets blocked in DeFi protocols grew by 271% in two months and exceeded $ 7 billion. If the current growth rate is maintained, this figure will reach $ 27 billion by the end of the year. According to DeFi Pulse, today the value of assets locked in DeFi applications in dollar terms for the first time exceeded $ 7 billion, while almost 90% of crypto assets are locked in smart contracts…

DeFi protocol dYdX launches perpetual contracts for LINK / USD based on Heinlink oracles

The dYdX decentralized exchange has launched perpetual contracts for the LINK / USD pair that receive price data from Chainlink decentralized oracles. The dYdX decentralized exchange has announced the launch of perpetual contracts for the LINK / USD pair. The new contracts will use prices for LINK / USD from Chainlink’s decentralized network of oracles, which provide on-net price data and are tamper-proof. Perpetual contracts are similar to futures contracts, whereby traders commit to buy…