DeFi protocols appreciated close to 20% in 24 hours – HARD increased 78% in 7 days

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

As of Tuesday, June 15, 2021, DeFi Pulse data shows the total amount of locked assets in the decentralized finance ecosystem. 62.62 billion dollars shows as.

According to CoinGecko data, the total market cap of DeFi protocols is 84.55 billion dollars is calculated as.

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

TOP 5 – The most profitable DeFi protocols in 24 hours

Token Name Price 24s 7g Market value
HARD Protocol (HARD) 1,12$ 35,3% 78,6% 71.410.246$
1inch (1INCH) 3,73$ 25,9% 10,5% 635.146.436$
dForce Token (DF) 0,205$ 24,8% 6,9% 59.590.167$
Beefy.Finance (BIFI) 1.658,20$ 24,0% 70,2% 125.518.437$
STP Network (STPT) 0,053$ 18,2% 8,1% 60.191.891$

DeFi protocols that gain the most value in 24 hours. Source: CoinGecko (Tuesday, June 15, 2021)

As of Tuesday morning, June 15, 2021, the most valued DeFi protocol in the last 24 hours 35.3 percent with HARD Protocol (HARD) it happened. Total market value of the protocol $ 71,410,246 reaching, 1 HARD Protocol (HARD) at $1.12 started to change hands.

The second most valuable protocol in 24 hours is 25.9 percent with an increase 1inch (1INCH) recorded as. 1inch (1INCH) from $3.73 is being traded. 24.8 percent rising at the rate dForce Token (DF) protocol 0.205595 dollars level.

According to the shared data, 24.0 percent rising rate of Beefy.Finance (BIFI) 1.658,20 dolar and right after 18.2 percent growing STP Network (STPT) if the protocol $ 0.053541 is traded on.

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

Token Name Price 24s 7g Market value
WaultSwap (WEX) 0,064$ -32,5% 49,2% 141.787.147$
API3 (API3) 2,93$ -11,3% -13,3% 71.787.194$
Neutrino System Base (NSBT) 28,01$ -3,9% 2,4% 60.157.004$
Trustswap (SWAP) 1,11$ -2,3% 15,3% 71.462.605$
Quickswap (QUICK) 513,04$ -2,3% -13,1% 81.946.060$

DeFi protocols that lost the most value in 24 hours. Source: CoinGecko (Tuesday, June 15, 2021)

According to the shared data, when we look at the declining names of the decentralized finance (DeFi) sector in 24 hours, the total market value $ 141,787,147 calculated and 32.5 percent declining in WaultSwap (WEX) protocol $ 0.064490 is traded as.

11.3 percent falling in rate API3 (API3) from $2.93 while processing, 3.9 percent depreciating Neutrino System Base Token (NSBT) if $ 28.01 level.

Also, the data 2.3 percent falling Trustswap (SWAP) protocol from $1.11 when changing hands 2.3 percent declining in Quickswap (QUICK) 513,04 dolar 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 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.

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