DeFi price update: yearn.finance (YFI), Maker (MKR), Aave (LEND)

DeFi price update: yearn.finance (YFI), Maker (MKR), Aave (LEND)
фото показано с : coinjournal.net

2020-9-12 17:32

Yearn.finance leads DeFi tokens with a 22% price surge as Coinbase Pro adds support.

Tokens in the decentralized finance (DeFi) space declined an average of 50% between their highs and lows beginning September 1st to September 10th. Total value locked also fell from around $9 billion to $6.6 billion.

Although most of the tokens registered significant rebounds in between, a slowdown in the market means the average drawdown remains 30%, as of writing.

Yearn.finance, Aave, Maker saw the least drawdown and are trading near prices seen at the start of the month. On the other end of the spectrum is SUSHI token, which tanked massively at the end of last week. Despite a 105% rally since its price against the US dollar is 64% of its September peak.

Yearn.finance (YFI) yearn.finance price chart. Source: TradingView

YFI/USD price dropped from highs of $34, 315 to lows of $18, 250 before an impressive 83% surge since the low saw it trade around $33,000 on September 10.

As of writing, the governance token is trading 22% higher on the day at $33,270. The token is set to trade on Coinbase Pro starting next week, a likely scenario that could push it higher.

The protocol has also launched StableCredit, a new offering that allows for decentralized lending and stablecoins. The popular yield farming token has a market cap of $998 million as of writing and an intraday trading volume of $704 million as per data from CoinMarketCap.

Aave (LEND) LEND/USD price chart. Source: TradingView

Aave traded at a low of $0.45 after a 40% drawdown in the first week of September. The trading price of LEND/USD has since recovered by 54% and is now just 8% from early September highs of $0.75. LEND/USD has dipped below the SMA 20 ($0.68) and could drop to lows of $0.60. If that happens, the SMA 50 provides healthy support at $0.511.

Aave is the top DeFi protocol with $1.4 billion in total value locked, ahead of Curve, and yearn.finance. The token changes hands at around $0.65 as of writing.

Maker (MKR) MKR/USD  price chart. Source: TradingView

MKR/USD price dropped 30% from a high of $743 to lows of $481 this past week. Although the Ethereum-based token rebounded 11%, its price is still nearly 22% adrift of September highs. As of writing, the pair is changing hands around $527, but bulls are losing to the bears.

The pair has crossed below the 20-day and 50-day moving averages, with a flatlining RSI pointing to the lack of conviction. If action remains unconvincing on either side, MKR/USD is likely to trade sideways between $590 and a monthly low of $481.

According to Santiment, the top Maker whale (with non-exchange holdings) transferred a massive 39% of their MKR tokens to Aave. The whale address reduced the tokens from 248.6k to around 151.1k, a likely indicator of impending volatility.

The post DeFi price update: yearn.finance (YFI), Maker (MKR), Aave (LEND) appeared first on Coin Journal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Wish Finance (WSH) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 WSH

finance yearn defi price lend mkr aave

finance yearn → Результатов: 112


Цена yEarn Finance резко снизилась на фоне ухода основателя проекта Андре Кронье из индустрии

Старший архитектор решений Fantom Foundation Антон Нелл и ведущий DeFi-разработчик экосистемы, а по совместительству основатель yEarn Finance Андре Кронье решили покинуть криптовалютную индустрию. По его словам, они перестанут сотрудничать по 25 проектам, включая yEarn Finance, Multichain и недавно запущенную Solidly Exchange.

2022-3-8 11:22


Застрахованные пользователи yEarn.Finance получат возмещение убытков

Основатель DeFi-проекта yEarn. Finance Андре Кронье пообещал вернуть утраченные в результате хакерской атаки средства тем, кто приобрел страховой полис у партнеров Nexus Mutual и Cover Protocol. Для остальных пользователей вопрос пока остается открытым.

2021-2-9 17:36


Фото:

yEarn.Finance вслед за Pickle Finance поглотит Cream Finance

Основатель DeFi-проекта yEarn. Finance Андре Кронье представил детали интеграции с лендинговым протоколом Cream, работающим по модели проектов Compound и Aave. Об этом он заявил спустя два дня после объединения yEarn.

2020-11-26 17:26


Yearn Finance Consumes Pickle Without Governance Vote

The move follows a hack over the weekend that resulted in the loss of $20 million in stablecoins, however, the community had no say in the decision. Yearn Finance has partnered, or rather absorbed, Pickle Finance in an effort to increase rewards for stakers and reimburse some of the victims of the flash loan attack … Continued The post Yearn Finance Consumes Pickle Without Governance Vote appeared first on BeInCrypto.

2020-11-26 17:13


Фото:

Pickle Finance объединится с yEarn.Finance после потери $20 млн

Разработчики протокола децентрализованных финансов Pickle Finance объявили о слиянии с DeFi-проектом yEarn. Finance Андре Кронье. 🤝Yearn @iearnfinance & Pickle INTEGRATION🤝 Read more in this post from @AndreCronjeTech https://t.

2020-11-25 12:04


Фото:

Yearn.Finance и Pickle Finance объявили о слиянии

Руководство проекта децентрализованного финансирования Yearn.Finance решило протянуть руку помощи недавно взломанному Pickle Finance и объединиться. Это поможет компенсировать потери пользователям.

2020-11-25 10:57


Предложение Ethereum на рынке может упасть после запуска ETH-пула в yearn.finance

Аналитики ожидают, что запуск пула yETH популярным DeFi-проектом yearn. finance окажет положительное воздействие на рынок Ethereum. Инструмент поможет держателям эфира использовать свои монеты для автоматического вложения в наиболее доходные возможности, предоставляемые DeFi-проектами с поддержкой заработка токенов при помощи предоставления ликвидности.

2020-9-1 13:04