DeFi Daily News,October 26th, 2020

1. Bitcoin has pulled back from 2020’s highs while ether slips as DeFi cools off. Bitcoin (BTC) trading around $12,919.97 as of 20:00 UTC (4 p.m. ET). Slipping 1.36% over the previous 24 hours, which trading range was between $12,731.06 and $13,192.25.

2. According to DeBank data, the total DeFi lock-up volume (TVL) exceeded US$15 billion for the first time, reaching US$15.1 billion, a record high. DeFi’s current real lock-up volume is 9.68 billion US dollars, and the repetition rate is about 35.87%. The top five are Uniswap ($2.95 billion), Maker ($1.99 billion), WBTC ($1.43 billion), Aave ($1.25 billion) and Curve ($1.15 billion).

3. According to the ChainNews, the total lock-up volume (TVL) on the BarnBridge chain of risk-grading derivatives agreement exceeded US$210 million. Chain Wen has reported that BarnBridge has completed a $1 million seed round of financing. Investors involved include Fourth Revolution Capital, ParaFi Capital, Synthetix founder Kain Warwick, Aave founder Stani Kulechov, DARMA Capital managing partner Andrew Keys, Centrality, Blockchain Companies, Dahret Group.

4. DeFiner (FIN), a decentralized deposit, financing, and payment platform for encrypted assets, announced that it will launch a pledge and interest-earning activity on Bitmax at 10 am on the East Coast of October 23 (22:00, October 23, Beijing time). The annualized income reaches 39%, the pledge release period is 7 days, and the income is distributed every day. DeFiner is a decentralized crypto-asset savings, financing and payment platform established in Minnesota, USA in February 2018. Won the champion of the American Fintech Challenge in 2019, and received investment from well-known start-up venture capital firms Techstars, Signum, Alphabit, and SNZ. Lianwen previously reported that DeFiner sold its governance token FIN through CoinList on October 2 for a fixed price of 0.6 US dollars, and invited its early liquidity mining participants. The private placement financing has now ended.


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