One of a number of emerging DeFi cryptocurrencies, Aave is a decentralized lending system that allows users to lend, borrow and earn interest on crypto assets, all without middlemen. Running on the Ethereum blockchain, it instead is a system of smart contracts that enables these assets to be managed by a distributed network of computers running its software. This means Aave
Jupiter is one of the most popular platforms in the Decentralised Finance (DeFi) sector, on the Solana blockchain, and recently became the most popular DEX aggregator in the world. It has established itself as a significant liquidity aggregator, a role that involves pooling resources to ensure more efficient and effective token swaps, perpetual futures, and the management of
Bitget Token (BGB) is the native utility token of Bitget centralized exchange. This utility token introduces traders to a multitude of functions. It includes staking, social trading, sharing in profits, and accessing reduced trading fees. TL;DR As the cryptocurrency industry continues to evolve, utility tokens play a vital role in providing users with various advantages
Ondo, or Ondo Finance, is a U.S.-based issuer of tokenized securities. It was established in 2021 with a mission to democratize access to institutional-grade financial products and services using blockchain technology. Ondo represents a blend of traditional financial wisdom and innovative blockchain applications, aiming to improve both the infrastructure and accessibility of financial products. This
Toncoin is known among crypto enthusiasts as the token that Telegram almost launched. However, the messaging platform gave up on its crypto ambitions in 2020 after the SEC sued. Now, Toncoin is back and in greater demand than ever before. It’s available to buy on major crypto exchanges and even received an endorsement from the founder of
DOGE was created as a lighthearted alternative to traditional cryptocurrencies, but it’s become seriously valuable. Our explainer can help you understand what it is and how it works Dogecoin Definition Dogecoin was created as a lighthearted alternative to traditional cryptocurrencies like Bitcoin in 2013. The name and Shiba Inu logo are based on a meme.
USD Coin, or USDC, is a cryptocurrency created by Centre, a nonprofit consortium founded by Coinbase and Circle with a mission to “provide governance and standards for the future digital financial ecosystem.” aims to mirror the value of the U.S. dollar and act as the “U.S. dollar of the crypto ecosystem.” Because of this, it
BNB Smart Chain, formerly Binance Smart Chain, is an Ethereum Virtual Machine (EVM) compatible blockchain platform capable of general purpose smart contract execution. It is a base layer, or Layer 1 (L1), which is part of the BNB Chain ecosystem of blockchains that is developed with the support of cryptocurrency exchange Binance. It is known
Tether (USDT) is the largest stablecoin by market capitalization. Crypto traders use stablecoins like Tether to make transfers between different cryptocurrencies or to move their investments into or out of fiat currencies. The value of USDT is pegged to the U.S. dollar. In theory, this means Tether should be unaffected by the volatility that can so dramatically
Celestia uses a modular blockchain network to revolutionise the scalability and architecture of traditional blockchain systems. As the data over a blockchain increases, the data load increases. With excessive data, it becomes tougher to download and verify the ledger. It is critical to the security of any blockchain to ensure and inspect the ledger of