STPT improved 65% in the last 24 hours

We share with you daily data of the decentralized finance (DeFi) ecosystem.

As of Friday, June 11, 2021, DeFi Pulse data shows the total amount of locked assets in the decentralized finance ecosystem. 59.2 billion dollars shows as.

According to CoinGecko data, the total market cap of DeFi protocols is 80.52 billion dollars is calculated as.

Total assets (USD) locked on DeFi. Source: DeFi Pulse

TOP 5 – Most profitable DeFi protocols in 24 hours

Token Name Price 24s 7g Market value
STP Network (STPT) 0,085$ 65,6% 55,0% 99.399.199$
BarnBridge (BOND) 33,71$ 30,9% 4,9% 96.217.681$
Keep Network (KEEP) 0,379$ 22,3% 30,4% 165.585.149$
HARD Protocol (HARD) 1,09$ 19,2% 37,0% 69.697.561$
Tornado Cash (TORN) 79,80$ 12,0% 7,1% 64.989.971$

DeFi protocols that gain the most value in 24 hours. Source: CoinGecko (Friday, June 11, 2021)

As of Friday, June 11, 2021, the most valued DeFi protocol in the last 24 hours 65.6 percent with STP Network (STPT) it happened. Total market value of the protocol $ 99,399,199 reaching, 1 STP Network (STPT) from $0.085554 began to change hands.

The second most valuable protocol in 24 hours is 30.9 percent with an increase BarnBridge (BOND) recorded as. BarnBridge (BOND) at $33.71 is being traded. 22.3 percent rising at the rate Keep Network (KEEP) protocol 0.379843 dollars level.

According to the shared data, 19.2 percent rising rate of HARD Protocol (HARD) 1,09 dolar and right after 12.0 percent growing Tornado Cash (TORN) if the protocol $ 79.80 is traded on.

TOP 5 – DeFi protocols that lost the most value in 24 hours

Token Name Price 24s 7g Market value
Synthetix Network Token (SNX) 9,07$ -14,9% -32,7% 1.407.625.822$
THORChain (RUNE) 8,50$ -12,4% -36,1% 2.135.118.659$
Quickswap (QUICK) 495,67$ -11,3% -35,2% 79.212.121$
GoalkeeperDAO (SMOKE) 168,22$ -10,8% -15,4% 95.097.334$
Tellor (TRB) 49,79$ -10,4% -29,4% 85.310.393$

DeFi protocols that lost the most value in 24 hours. Source: CoinGecko (Friday, June 11, 2021)

According to the shared data, when we look at the declining names of the decentralized finance (DeFi) sector within 24 hours, the total market value $ 1,407,625,822 calculated and 14.9 percent declining in Synthetix Network Token (SNX) protocol $ 9.07 is traded as.

12.4 percent falling in rate THORChain (RUNE) at $8.50 while processing, 11.3 percent depreciating Quickswap (QUICK) if $ 495.67 level.

Also, the data 10.8 percent falling GoalkeeperDAO (SMOKE) protocol from $168.22 when changing hands 10.4 percent declining in Tellor (TRB) $ ​​49.79 was traded.

What is decentralized finance (DeFi)?

DeFi, which is an abbreviation of the words decentralized and finance, is called a financial structure that does not need any center or authority. DeFi, which is basically built on blockchain networks, is ranked among the most important developments for the creation of next-generation digital currency infrastructures.

In DeFi structures, it is aimed not only to provide decentralized financial services, but also to provide trust to the participants. Because the absence of anyone in the administration means preventing abuses.

Smart contracts, consensus protocols and decentralized applications (Decentralized Application – DApp), which are based on the logic of “if this condition is met, will take place” and operate automatically, are among the important parts of decentralized finance structures.

For detailed information: What is DeFi? What Does Decentralized Finance Mean?

The views and comments expressed herein are solely to the author belongs. It may not reflect the views of Cointelegraph. Every investment and trading move involves risk. You should do your own research when making a decision.

Check Also

DeFi did not fit in the vast! INST and ALPHA valued over 50% in 24 hours

We share with you daily data of the decentralized finance (DeFi) ecosystem. As of Tuesday, …

Leave a Reply

Your email address will not be published. Required fields are marked *