On-Chain Markets Update by Lucas Outumuro, IntoTheBlock Following the market’s crash in May, on-chain activity on Ethereum slowed down as demand for dog-themed tokens and opportunities for yield diminished. Over the past few days, this trend has reversed as demand for NFT and gaming projects picks up. With the implementation of EIP-1559 less than a …
On-Chain Markets Update by Lucas Outumuro, IntoTheBlock The anticipated launch of Uniswap on layer 2 has finally arrived, at least to some extent. Uniswap’s alpha on Optimism has been released, supporting only six crypto-assets so far, but at a fraction of the cost incurred on Ethereum’s mainnet. As Uniswap’s V3 is on track to fully …
Looking Back at Uniswap’s Growth as it’s Deployed on L2 Read More »
On-Chain Markets Update by Lucas Outumuro, IntoTheBlock DeFi is gearing up for broader adoption. Currently most DeFi protocols are looking at layer 2 scaling solutions or a multi-chain approach to be able to make transactions more affordable and scalable. While this reduces new users’ barriers to entry in terms of cost, they still have to …
Compound Treasury is the First Step in a Symbiotic DeFi-FinTech Relationship Read More »
On-Chain Markets Update by Lucas Outumuro, IntoTheBlock Yearn Finance is quickly turning into an asset management behemoth. Propelled by its thriving community, Yearn’s fundamentals are looking stronger than its traditional finance counterparts. After recently hitting a new all-time high of $5 billion+ in TVL, Yearn also broke its highest monthly revenues. Making over $10 million …
Yearn Revenues Projected to Surpass TradFi’s Fueled By Thriving Community Read More »
On-Chain Markets Update by Lucas Outumuro, IntoTheBlock When Curve launched back in February 2020, many might have thought a DEX for stablecoins was a niche segment. Fast forward to today and Curve is averaging over $300 million in daily volumes, and has recently seen competing moves from the likes of Uniswap and Coinbase as the …
Stablecoin Swapping Heats Up with Coinbase Following DeFi Read More »
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