DeFi (13)

During the early stages of cryptocurrency, centralization was still a significant aspect of the sector. While crypto projects sought decentralization, users could only trade assets on centralized exchanges (CEXs). Over the years, developers tried to build decentralized exchanges (DEXs), but these attempts were largely unsuccessful. The main issue with DEXs back then was the need for more liquidity.

Sometimes, crypto projects with a meme-like concept can evolve to take on a new life with greater utility. One example is Berachain , which began life as the Bong Bears NFT project. At the 2024 edition of Token2049 in Singapore, Berachain’s anonymous co-founder, Smokey the Bera, explained that the team had noticed problems with how a number of blockchain networks worked today. Specifically, they realized that in many cases, liquidity and security weren’t aligned at the chain level. That led to Bong Bears taking on a new life as a Layer-1 blockchain that integrates with the Ethereum virtual machine (EVM). Berachain runs on a Proof of Liquidity (PoL) consensus, which provides security for the chain and rewards participants who provide liquidity.

Sky is the new name for MakerDAO, a decentralized finance platform. Alongside its rebrand, Sky will be introducing a new stablecoin USDS (Sky Dollar) and a governance token, SKY. The platform is due to launch on September 18, and joins Ripple in presenting traders with a new stablecoin option.

In the dynamic world of cryptocurrency trading, decentralized exchanges (DEXs) have emerged as powerful platforms for onchain trading. By eliminating the need for intermediaries, DEXs effectively offer users greater control and flexibility. Among these leading DEXs, a notable one that's been gaining traction in the is Raydium.

Prediction markets pose an age old question: are the many truly smarter than the few? With prediction markets like Polymarket and Drift Protocol’s Bullish on Everything (BET) making headlines and gaining popularity, this question is more relevant than ever. Featuring the ability to forecast everything from election results to stock prices, these crypto prediction market platforms allow individuals to trade contracts based on the potential outcome of future events while tapping into the collective wisdom of the crowd. As these markets continue to grow and evolve, they offer a fascinating glimpse into the potential of crowdsourced intelligence.

Blockchain technology is changing constantly, but it faces challenges like interoperability and compliance. MANTRA aims to address these issues by simplifying asset tokenization and enabling seamless collaboration across multiple chains, all while following global regulations. MANTRA achieves this balance through its suite of modular tools, providing an effective platform for building in the decentralized finance (DeFi) space.

 CELO is a mobile-first layer 1 blockchain protocol that aims to facili

Balancer is a decentralized and permissionless exchange powered by an automated market maker. The goal of this project is to provide a crypto asset exchange service that is devoid of centralized infra

The Avalanche Protocol is a groundbreaking, open-source platform designed to launch decentralized applications (DApps), custom blockchains, and interoperable networks. With its innovative consensus mechanisms and unique architecture, Avalanche aims to solve some of the most pressing challenges the blockchain industry faces, such as scalability, decentralization, and security.

Automated market makers (AMMs) are a form of decentralized cryptocurrency trading platform that uses smart contracts to enable token swaps and value exchange. Unlike centralized exchanges, this process doesn't rely on order books to determine asset prices. Instead, it uses a mathematical formula to determine prices based on the asset's supply and demand curve.

Augur is a decentralized protocol where users can launch prediction markets powered by smart contracts. It provides the technology required to bet on the potential outcomes of events. Not only that, the entirety of the process, including betting and settlements, occurs on the blockchain. This means that there is no room for intermediaries and the associated costs. In this article, we’ll look at what is Augur and how it works.

Ever wondered how you can trade cryptocurrencies directly between different blockchains without relying on an intermediary? THORChain makes this possible by allowing seamless, secure swaps across blockchains, all while keeping your assets under your control. Here’s how it works and what it brings to decentralized trading.

Smart contracts are self-executing digital agreements written in computer code that exist on blockchain networks. They've become an essential technology in crypto's continued emergence, being key to the creation and inner workings of .