Total fees generated from the top 10 DeFi dApps tracks via DefiLlama will amount to $4.8 billion annually based on the past 24 hours of activity. Across staking, dexes, lending, and wallets, $13.15 million in fees were generated in the past day. Name Category 24hr Fees 24hrs Revenue Lido Liquid Staking $3.38m $337,749 Uniswap Dexes The post Top 10 DeFi dApps generating an average of $4.8 billion in fees annually appeared first on CryptoSlate.

Bitcoin Lightning Network liquidity provider LQWD Technologies has partnered with Amboss Technologies to establish further institutional liquidity on Lightning. The collaboration positions LQWD to contribute liquidity to Amboss’s marketplace, enabling the fulfillment of market demand for Lightning Network liquidity while generating a yield on LQWD’s Bitcoin holdings. Amboss, a provider of data analytics solutions and The post Institutions looks to deploy Bitcoin as liquidity to Lightning Network to earn yield appeared first on CryptoSlate.

Solana Labs Co-Founder Anatoly Yakovenko has seemingly taken a stand against Solana-based memecoins, calling for investors to “stop doing this” in relation to data showing the high volume of SOL being sent to memecoin pre-sale contracts. On-chain sleuth ZachXBT shared the image below detailing a list of social media accounts that had recently raised significant The post Solana Co-Founder Anatoly tells community to stop investing in memecoin pre-sales appeared first on CryptoSlate.

There’s a misguided belief that memecoins are helping people out of poverty that I believe is really damaging to the space. More so, I think chains like Solana and Avalanche, which are seeing increased attention due to memecoin fervor, are incredibly overheated. Essentially, memecoin volumes are vanity metrics akin to likes and followers on social The post Memecoin volumes are just vanity metrics for desperate blockchains appeared first on CryptoSlate.

If you’re a keen reader of CryptoSlate, you may have noticed that our editorial style avoids referring to Bitcoin as ‘crypto.’ This isn’t accidental, and the choice was not pedantic. We believe that Bitcoin stands apart from other digital assets we traditionally classify under the broad term ‘crypto.’ I stand behind this vision; however, it The post I was wrong. Why I changed my opinion on Bitcoin in 2024. appeared first on CryptoSlate.