DeFi Market Recovers From 30-Month Low as Volume Hits Highest Point Since March

The total value of all assets locked on decentralized finance protocols has surged to a three-month high of $42 billion after being at its lowest

Alongside a hike in asset prices, transactional volume across DeFi protocols rose to its highest point since March, with $4.4 billion recorded on Oct. 24, according to On Ethereum, meanwhile, the amount of capital on Enzyme Finance, Spark and Stader have all risen by between 37% and 55%, outpacing the rise in asset prices to illustrate fresh inflows.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

In the Market: Treasury market braces for seismic SEC ruleTreasury market participants expect U.S. regulators to soon finalize a major rule aimed at reining in debt-fueled bets by hedge funds and bolstering financial stability. They worry it could also reshape the industry and create new problems.
Source: Reuters - 🏆 2. / 97 Read more »

Analyzing the market sell-off: Routine S&P 500 correction or something more serious?Last week's 2.6% slide in the S&P 500 also reflects the more disorderly risk-fleeing action that follows a broken uptrend.
Source: CNBC - 🏆 12. / 72 Read more »