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DeFi on Canton still small... but growing.
The TVL of @CantonNetwork $CC at time of writing stands at just $13.42M, which makes it tiny compared to most major blockchain networks.
The important thing to note, however, is that this figure has been rising consistently since early August.
In the past two months alone, the figure is up around +65%.
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DeFi builders on Sui Network teaming up.
@HaedalProtocol, a leading @SuiNetwork staking protocol, has integrated the @Scallop_io platform and its money market infrastructure.
Users can now connect Scallop on Haedal and begin staking $SUI and deposit into its lending vaults.
Haedal's current TVL now stands at around $42M per DefiLlama data.
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DeFi until a bigger hack then it's just TradFi
DeFi or TradFi? The future of finance may need both.
At #TOKEN2049#, we discussed what that takes with our partners: security, compliance, UX and scale.
Thank you to our speakers:
🎙Sean Moynihan, COO at @BanxaOfficial
🎙Krishna Kumar, Growth Lead at @RocketXexchange
🎙Dayana Aleksandrova, Head of Social Media at @WalletConnect
🎙Harry Bridge, Commercial Lead, Stablecoins at @aztecnetwork
Hosted by @RamiaFarrage
Watch the full panel:
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“DeFi is dead.”
Mantle, over the last 30 days:
→ DEX volume up 34% to $99M
→ DeFi TVL up 18% to $112M
Capital efficiency at its finest, across one open, borderless ecosystem.
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DeFi is finance
And the train toward tokenized equities and blockchain at the core of finance is in motion
DeFi protocols are closing faster than ever this year. The liquidity doesn’t disappear when they do. We wrote about where it ends up.
DeFi TVL fell $1.34B to $122.25B this week, and stablecoin supply fell $1.35B. The near-identical drop suggests capital is leaving onchain markets.
Here are the weekly DeFi metrics:
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