New NFT Collections
Nexus Mutual (NXM)
Nexus Mutual (NXM)
$64.11 (-0.18 %) View coin |
Tornado Cash (TORN)
Tornado Cash (TORN)
$3.04 (12.93 %) View coin
News
02 Dec 2021

Current state of DeFi in 2021: Part 2

Quick Take

  • This is a section from The Block Research’s upcoming 2022 Digital Assets Outlook report
  • The nature of decentralized stablecoins became more diverse with the rise of algorithmic stablecoins backed by fractional reserves or endogenous collateral
  • Centralized custodians played a pivotal role in bringing Bitcoin into DeFi
  • Lido denominated the liquid staking sector with billions under management
  • Most miner extractible value originated from arbitrage

This research piece is available to members of The Block Genesis. You can continue reading this Genesis research on The Block.

No other news.
No upcoming event.

3 coins to keep an eye on 👀

Subscribe to receive a weekly selection of 3 coins to watch closely, based on upcoming events and technical analysis.