The Midas team has prepared a summary of the DeFi market, events, and important news that happened last week.
The decentralized finance market continues recovering as the total value locked (TVL) in DeFi projects increased from $215.67 billion to $227.31 billion.
DeFi Market Cap: $138,239,056,525
DeFi Pulse Index: $203.34
The DeFi Pulse Index is a capitalization-weighted index that tracks the performance of decentralized financial assets across the market. Underlying tokens: UniSwap, Loopring, Aave, Maker, Yearn, Compound, Sushi, Synthetix, REN, Rari Capital, Balancer, Badger, KNC, Farm, Instadapp, Vesper and meta.
Aave V3 launched: Higher Borrowing Power, Cross Chain Txns, & Improved Risk Management
The Aave Protocol is a decentralized non-custodial liquidity protocol where users can participate as suppliers, borrowers, or liquidators. V3 of the Aave Protocol augments the core concepts of Aave Protocol (aTokens, instant liquidity, stable rate borrowing, credit delegation, etc.) with new features in the following area.
Top Defi Strategies In April! Monthly Guide For High APY’s On Terra Luna, Fantom, AVAX & More!
Top stablecoin pools from Defiyield
Starlay with 146.22% Annual Yield
GemKeeper with 66.19% Annual Yield
DarkCrypto with 60.60% Annual Yield
Meme of the week
Disclaimer: This post is for informational purposes only and should not be relied upon as a basis for investment decisions. Please do not follow any opinion as a specific strategy.