“The whispering walls of Defi: Disclosure of Crypto’s digital dreams”
In the large stretch of the cryptocurrency market, a new era has appeared, where decentralized (Defi) finances became a lighthouse for innovation and growth. Among the many platforms that have made titles in recent years, a name stands out as a bright example of Defi’s potential: Chainlink (link).
Chainlink is not just a protocol; It is an ecosystem that has revolutionized how people interact with decentralized applications (DAPPS). In its center, Chainlink offers safe and reliable data flows to DAPPS, allowing it to function independently of traditional exchanges. This gave birth to a new breed of defaming platforms that disrupt the traditional business models of cryptocurrency.
Such a platform is coinbase, a leading exchange that has been at the forefront of adoption of crypto -froth for years. With its robust user interface and safe trading experience, Coinbase has become an accessible destination for both beginners and experienced traders. However, as several users join the Crypto space, TVL Coinbase (total blocked value) has increased exponentially.
Starting with the first quarter 2022, TVL Coinbase is about $ 7 billion. This is a significant increase in its previous number of $ 5.3 billion. Increase in TVL can be attributed to increasing adoption of protocols and defaming applications, as well as increasing exchanges of decentralized finance (Defi) as it coinbase.
Other crypto -notable platforms that have registered a significant increase include binance, kraken and bitfinex. While these exchanges could not boast of the same level of TVL as coinbase, they remain important players on the cryptocurrency market. However, it is worth noting that the TVL figures mentioned above are subject to changes, because the crypto market is known for its volatility.
The TVL of a Defi platform can be measured in different ways, including the total blocked value (TVL), the volume of transactions and the user base. In recent months, Chainlink has registered a significant increase in all these areas. According to his latest report, Chainlink’s TV has reached a maximum level of $ 4.3 billion.
This growth can be attributed to the increasing adoption of Defi protocols, such as the Oracle Oracle network in Chainlink, which offers DAPPS data flow. The platform has also registered significant partnerships with major companies, including IBM and Google, among others.
As the crypto market continues to evolve, it will be fascinating to see how Defi platforms like Chainlink and Coinbase continue to innovate and grow. With its sturdy ecosystem and commitment to provide safe and reliable data flows, Chainlink is ready to remain a leading player in the cryptocurrency world.
Chainlink’s ecosystem:
- Oracle on-chain network
- Data feed in the real world for DAPPS
- Partnerships with major companies
Coinbase’s TVL:
- Q1 2022: 7 billion USD
- Q4 2020: $ 5.3 billion USD (highest previous digit)
Note: The figures mentioned above are subject to changes and may not reflect the current market situation.