3 key reasons why the DeFi sector is booming again
Mergers between sector leaders, rising TVL and traders looking for fast returns are the primary factors behind the current DeFi boom.
Bitcoin(BTC)$32,155.00 -0.25%24HBITCOIN24H : -0.25%Volume : $42,371,466,316.00Marketcap : $599,329,560,541.00- Ethereum(ETH)$1,257.17 3.08%24HETHEREUM24H : 3.08%Volume : $30,541,083,350.00Marketcap : $144,031,434,739.00
- Tether(USDT)$1.000 -0.18%24HTETHER24H : -0.18%Volume : $72,095,388,323.00Marketcap : $24,818,368,118.00
- Polkadot(DOT)$18.19 7.43%24HPOLKADOT24H : 7.43%Volume : $2,199,548,301.00Marketcap : $17,374,696,847.00
- XRP(XRP)$0.272 -1.21%24HXRP24H : -1.21%Volume : $2,189,787,650.00Marketcap : $12,405,448,373.00
- Cardano(ADA)$0.343 -1.27%24HCARDANO24H : -1.27%Volume : $2,787,872,085.00Marketcap : $10,688,799,199.00
- Chainlink(LINK)$24.23 9.87%24HCHAINLINK24H : 9.87%Volume : $3,604,010,249.00Marketcap : $9,795,729,131.00
- Litecoin(LTC)$138.57 1.60%24HLITECOIN24H : 1.60%Volume : $4,918,188,454.00Marketcap : $9,196,928,220.00
- Bitcoin Cash(BCH)$430.43 0.200%24HBITCOIN CASH24H : 0.200%Volume : $4,825,498,302.00Marketcap : $8,029,378,104.00
- Binance Coin(BNB)$41.15 1.81%24HBINANCE COIN24H : 1.81%Volume : $499,070,970.00Marketcap : $6,087,273,759.00
- Stellar(XLM)$0.270 -1.40%24HSTELLAR24H : -1.40%Volume : $783,215,673.00Marketcap : $5,962,950,027.00
- USD Coin(USDC)$0.999 -0.29%24HUSD COIN24H : -0.29%Volume : $1,301,487,706.00Marketcap : $5,595,077,125.00
- Wrapped Bitcoin(WBTC)$32,154.00 -0.64%24HWRAPPED BITCOIN24H : -0.64%Volume : $262,644,239.00Marketcap : $3,628,192,501.00
- Bitcoin SV(BSV)$174.47 1.36%24HBITCOIN SV24H : 1.36%Volume : $839,719,934.00Marketcap : $3,250,716,599.00
- Aave(AAVE)$227.10 19.83%24HAAVE24H : 19.83%Volume : $759,252,230.00Marketcap : $2,795,298,725.00
- EOS(EOS)$2.74 4.82%24HEOS24H : 4.82%Volume : $2,384,269,778.00Marketcap : $2,612,833,673.00
- Monero(XMR)$139.61 2.18%24HMONERO24H : 2.18%Volume : $539,984,686.00Marketcap : $2,493,828,083.00
- Tezos(XTZ)$3.19 -1.81%24HTEZOS24H : -1.81%Volume : $574,819,366.00Marketcap : $2,425,019,036.00
- Synthetix Network Token(SNX)$15.53 8.58%24HSYNTHETIX NETWORK TOKEN24H : 8.58%Volume : $226,797,019.00Marketcap : $2,203,980,573.00
- TRON(TRX)$0.030 4.17%24HTRON24H : 4.17%Volume : $1,206,045,187.00Marketcap : $2,135,173,817.00
