Thursday, March 28, 2024
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Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam – Defi Bitcoin News

At the time of writing, the total value locked (TVL) in decentralized finance (defi) is around $176 billion across various blockchains like Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While Ethereum commands $130 billion of the aggregate total locked, a myriad of other defi-fueled blockchains continue to see TVLs steadily

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USDC Is Coming to Solana Blockchain in Potential Boost for Non-Ethereum DeFi

The Coinbase- and Circle-backed CENTRE Consortium announced support for its USDC stablecoin on the Solana blockchain Wednesday, marking the dollar-backed asset’s fourth blockchain integration, after Ethereum, Algorand and Stellar, announced barely a week ago. Compared to Ethereum’s approximate rate of 15 transactions per second (TPS), Solana offers over 50,000 TPS, which

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New Binance-Backed DeFi Site Lets You Earn Yield on Bitcoin, Other Non-Ethereum Assets

Kava Labs has launched its first application: a yield-generating decentralized finance (DeFi) platform for bitcoin and other non-Ethereum assets. The product, called Harvest and built on the Kava blockchain, allows users to stake their crypto so it can be lent out to other users. Harvest will initially support deposits of BTC,

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