Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Swivel Finance
A Guide to Swivel Finance – The Protocol For Interest-Rate Derivatives
The derivatives market is one of the least popular cousins of the decentralized finance family. However, all of that is about to change. New DeFi protocols aiming to make lending derivatives easy and accessible are on the rise. And, they may be enough to give the ugly cousin a makeover. One of these promising protocols is Swivel Finance. Operating on the development of DeFiHedge finance, this decentralized protocol enables secure fixed-rate lending and interest-rate derivatives. Furthermore, it does so without…
4 years ago