NEW DELHI: The world of decentralized finance o DeFi It has been resilient enough to the recent crypto market slowdown.
Many blockchain gaming currencies, defi tokens, and metaverse assets have performed better than the top two crypto assets Bitcoin and Ethereum, showing double-digit growth in 24 hours on Nov. 18, Bitcoin.com reported.
The gains made by the DeFi economy in 24 hours in the context of the slowdown of the cryptocurrency market:
* Some of the Metaverse assets that grew well are gala, crypto.com coin, wax, kadena, wonderland, and avalanche.
* The top 7 winners among blockchain gaming tokens showing double digit growth in the last 24 hours were as follows:
- The top 3 blockchain gambling currencies were Gala (GALA), which won the highest with 110.4%, Crypto.com coin (CRO) with 28.5%, followed by wax (WAXP) which jumped 16.7 percent.
- These were followed by kadena (KDA) which soared to 16.0 percent, wonderland (TIME) to 14.8 percent, avalanche (AVAX) to 14.3 percent and the dao curve token (CRV) increased by a 10 percent.
* According to dappradar.com, which provides information on all decentralized applications (Dapps), the top five decentralized exchange platforms (dex) include Uniswap (Ethereum), Trader Joe (Avalanche), Quickswap (Polygon), Alcor.exchange (WAX) and Sunswap (Tron).
* According to the defillama.com website for DeFi protocol ratings and metrics:
- Total value locked (TVL) in defi protocols fell just 6.54 percent to $ 257 billion on November 18 from $ 275 billion on November 9.
- At $ 257 billion TVL, the DeFi Curve platform has a maximum share of 8 percent and $ 20.63 billion TVL followed by Makerdao with $ 18.16 billion TVL and Aave with $ 15.59 billion TVL, Convex Finance with $ 15.34 billion and WBTC $ 14.66 billion.
- The top three DeFi chains in terms of TVL are Ethereum (ETH), Binance Smart Chain (BSC) and Solana (SOL). In DeFi, Ethereum dominated with $ 172.22 billion or 66.93 percent of the aggregate TVL in defi and BSC had only $ 19.56 billion or 7.60 percent and Solana captured $ 13.32 billion. or 5.17 percent.
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Many blockchain gaming currencies, defi tokens, and metaverse assets have performed better than the top two crypto assets Bitcoin and Ethereum, showing double-digit growth in 24 hours on Nov. 18, Bitcoin.com reported.
The gains made by the DeFi economy in 24 hours in the context of the slowdown of the cryptocurrency market:
* Some of the Metaverse assets that grew well are gala, crypto.com coin, wax, kadena, wonderland, and avalanche.
* The top 7 winners among blockchain gaming tokens showing double digit growth in the last 24 hours were as follows:
- The top 3 blockchain gambling currencies were Gala (GALA), which won the highest with 110.4%, Crypto.com coin (CRO) with 28.5%, followed by wax (WAXP) which jumped 16.7 percent.
- These were followed by kadena (KDA) which soared to 16.0 percent, wonderland (TIME) to 14.8 percent, avalanche (AVAX) to 14.3 percent and the dao curve token (CRV) increased by a 10 percent.
* According to dappradar.com, which provides information on all decentralized applications (Dapps), the top five decentralized exchange platforms (dex) include Uniswap (Ethereum), Trader Joe (Avalanche), Quickswap (Polygon), Alcor.exchange (WAX) and Sunswap (Tron).
* According to the defillama.com website for DeFi protocol ratings and metrics:
- Total value locked (TVL) in defi protocols fell just 6.54 percent to $ 257 billion on November 18 from $ 275 billion on November 9.
- At $ 257 billion TVL, the DeFi Curve platform has a maximum share of 8 percent and $ 20.63 billion TVL followed by Makerdao with $ 18.16 billion TVL and Aave with $ 15.59 billion TVL, Convex Finance with $ 15.34 billion and WBTC $ 14.66 billion.
- The top three DeFi chains in terms of TVL are Ethereum (ETH), Binance Smart Chain (BSC) and Solana (SOL). In DeFi, Ethereum dominated with $ 172.22 billion or 66.93 percent of the aggregate TVL in defi and BSC had only $ 19.56 billion or 7.60 percent and Solana captured $ 13.32 billion. or 5.17 percent.
(For the latest crypto news and investment tips, follow our Cryptocurrency page and for live cryptocurrency price updates, Click here.)
