Ethereum's blue-chip DeFi tokens are painting a picture of change within the sector, with recent transfer count data suggesting a growing thirst for DeFi utilities. A revealing metric shows the 30-day activity rocketing past the yearly average — but what does this surge really signify? ...
Ethereum’s blue chip DeFi tokens poised for growth Ethereum’s blue chip DeFi tokens poised for growth
Key metrics predict a positive shift for Ethereum's DeFi ecosystem as user adoption aligns with rising transactions.
2 min read
Updated: Nov. 15, 2023 at 4:10 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
Uniswap
$6.78597
Since its inception, the Uniswap Protocol (“Uniswap”) has served as a trustless and highly decentralized financial infrastructure.
Aave
$175.372
Aave is an open source and non-custodial protocol enabling the creation of money markets.
Maker
$1,206.96
Maker is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token — the Dai — against the IMF’s international currency basket SDR.
Synthetix
$0.83659
Synthetix, formerly Havven, is a cryptoasset-backed network that enables the creation of on-chain synthetic assets.
Compound
$41.8371
Compound (COMP) is an ERC-20 asset that powers the community governance of the Compound protocol; COMP token-holders and their delegates debate, propose, and vote on changes to the protocol.
Balancer
$1.45308
Balancer is a non-custodial portfolio manager, liquidity provider, and price sensor..
SushiSwap
$0.65753
SushiSwap is an automated market-making (AMM) decentralized exchange (DEX) currently on the Ethereum blockchain.
