{"id":3164,"date":"2021-01-11T05:22:55","date_gmt":"2021-01-11T05:22:55","guid":{"rendered":"https:\/\/afluxcoin.com\/22\/the-race-to-catch-up-begins-defi-tokens-shoot-up\/"},"modified":"2021-01-11T05:22:55","modified_gmt":"2021-01-11T05:22:55","slug":"the-race-to-catch-up-begins-defi-tokens-shoot-up","status":"publish","type":"post","link":"https:\/\/afluxcoin.com\/es\/22\/the-race-to-catch-up-begins-defi-tokens-shoot-up\/","title":{"rendered":"The race to catch up begins: DeFi tokens shoot up"},"content":{"rendered":"<p>Bitcoin is breaking one all-time high after the other and a lot has happened in the decentralized finance (DeFi) sector in recent weeks. Several tokens reached new highs and recorded price increases of up to 80 percent. The DeFi monitor.The DeFi monitor is back and a lot has already happened in the first week of the new year. In the last seven days alone, the capital in DeFi logs has increased from 15.34 billion US dollars to more than 22 billion US dollars today.As a result, the sector grew over 40 percent in just one week. The dramatic increase underlines the performance of many decentralized finance tokens. As a result, the \u201cETF token\u201c DPI, which contains the 10 largest DeFi tokens, has risen by 42.33 percent in the last seven days alone. Synthetix Network (SNX), Aave (AAVE), Uniswap (UNI), Yearn.Finance (YFI) and Maker (MKR) were among the top performers in the index.One token, in particular, was able to pull the index up particularly strongly this month. We are talking about the lending protocol maker that is one of the oldest projects in the DeFi sector.Analysts suspect that MKR\u2019s recent price rally is primarily related to the rapid growth of the entire sector. MKR is namely the governance token for both the decentralized lending platform and Maker\u2019s autonomous organization (DAO). With the help of the MKR protocol, it is possible to generate the stablecoin DAI, which is widespread in the DeFi sector. DAI is a stablecoin backed by various cryptocurrencies that is linked to the value of the US dollar.Since the beginning of this year, in particular, DAI\u2019s market capitalization has increased enormously. At press time, it is worth over $ 1.2 billion. DAI arise when Ethereum users deposit one of many assets into the maker protocol and borrow against this\u2026<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin is breaking one all-time high after the other and a lot has happened in the decentralized finance (DeFi) sector in recent weeks. Several tokens reached<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/3164"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=3164"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/3164\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=3164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=3164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=3164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}