DeFi

Enhancing DeFi Trading with gTrade by Gains Network

Tuesday. August 13 at 8:00 AM

1 min. read
Enhancing DeFi Trading with gTrade by Gains Network

Gains Network has improved the DeFi trading scene with gTrade, a decentralized perpetual futures platform offering high leverage, deep liquidity, and zero price impact on BTC and ETH pairs. High leverage and deep liquidity are crucial for crypto traders, enabling them to shape effective strategies. Platforms like gTrade provide efficient leverage strategies by ensuring solid liquidity, minimizing slippage, and offering zero price impact on major trading pairs. Gains Network's gTrade platform operates on Arbitrum and Polygon, supporting over 190 trading pairs with leverage options up to 150x for cryptocurrencies. Recent updates like gTrade v9 and v9.1 have enhanced user experience with features like one-click trading, dynamic position size adjustments, and flexible collateral management. The Buyback and Distribute mechanism and revamped tokenomics model aim to create long-term value within the ecosystem. Overall, Gains Network is setting new standards in DeFi trading with gTrade, benefiting individual traders and driving industry adoption.

More news 🗞️

Crypto Venture Capital Investment Trends in 2024

Crypto Venture Capital Investment Trends in 2024

Wednesday. December 25 at 11:00 AM

In 2024, there were 1,530 publicly disclosed crypto venture capitalist (VC) investment rounds, marking a 25.1% increase from the previous year. Total fundraising reached $10.04 billion, up by 7.59% from 2023. The first half of the year saw the strongest fundraising activity, with a subsequent decline until a reversal post-Trump's re-election. While investment rounds over $20 million decreased, those between $1 and $20 million saw an increase. Blockchain infrastructure remained the top VC recipient, with DeFi funding doubling and CeFi dropping. Notable investments included Stripe's $1.1 billion acquisition of Bridge and Australian miner Iris Energy receiving $413 million. Avalanche also secured substantial VC funds. Overall, 2024 witnessed bullish crypto investment trends, driven by institutional adoption and individual optimism.

DeFi

Investing in ETFSwap (ETFS) for Potential 70,000% Profit

Investing in ETFSwap (ETFS) for Potential 70,000% Profit

Wednesday. December 25 at 6:00 AM

The Cardano price has made progress since the beginning of the bull market, but its slow climb back to its previous all-time high of $3.10 is causing a lack of confidence among investors. While Cardano still shows promise, smart investors are turning to low-cap gems with high growth potential. One such standout is ETFSwap (ETFS), an ETF trading network that has gained attention for its impressive price performance and projected 70,000% price rally. ETFSwap offers innovative features like decentralized trading, AI-powered tools for tracking ETF prices, and high levels of security and trust. Investors can benefit from perks like high APR yields, trading power, and liquidity options. Market analysts predict a significant rally for ETFSwap's token, making it a lucrative investment opportunity. Despite Cardano's potential growth, investing in ETFSwap (ETFS) could offer substantial returns for early adopters.

DeFi

DeFi Heavyweights Aave and Lido Surpass $70 Billion in Net Deposits

DeFi Heavyweights Aave and Lido Surpass $70 Billion in Net Deposits

Wednesday. December 25 at 4:00 AM

In December, Aave and Lido, prominent DeFi platforms, exceeded $70 billion in net deposits for the first time. Aave leads with $34.3 billion, slightly ahead of Lido. Together, they hold $67.42 billion, representing 45.5% of the total $148 billion allocated to the top 20 decentralized applications. Lido leads in total value locked (TVL) with $33.8 billion, while Aave follows with $20.6 billion. Both platforms are among the top revenue generators in DeFi, with Aave's revenue growing by 27.5% to $12.5 million in the last 30 days. Lido recorded $9.6 million in monthly revenue. The DeFi sector has seen significant growth, with TVL reaching $185 billion and hitting a peak of $212 billion in December. Decentralized exchanges also experienced record trading volumes, and the lending market saw active loans peak at nearly $21 billion. This growth indicates a rising comfort level among users in utilizing on-chain financial resources.

DeFi

Enhancing Financial Security in DeFi and CeFi

Enhancing Financial Security in DeFi and CeFi

Wednesday. December 25 at 2:00 AM

In 2024, data revealed a 40% decrease in poor financial conditions in decentralized finance (DeFi) compared to the previous year, attributed to improved collapse protection and complex cryptographic formulas. Conversely, centralized finance (CeFi) saw a rise in breaches, with $694 million reported missing. DeFi protocols reported a decrease in losses from $787 million in 2023 to $474 million in 2024, thanks to advancements in technologies like MPC and specific ZKPs. Concerns over bridge-related exploits persisted, with faulty permission and access management contributing to 44% of DeFi frauds. CeFi projects experienced double the number of hacks in 2024, totaling $694 million, highlighting operational security weaknesses. Industry experts emphasize the need for enhanced key management and security measures to combat cyber threats, as demonstrated by incidents like the $55 million cyberattack on Radiant Capital. The evolving landscape of DeFi and CeFi underscores the importance of prioritizing security measures to safeguard assets across platforms.

DeFi