Ethereum’s Latest DeFi Craze Is Storing $400m In Crypto 1 Day After Launch

Ethereum’s Latest DeFi Craze Is Storing $400m In Crypto 1 Day After Launch

While Bitcoin has retraced since its highs, Ethereum’s decentralized finance ecosystem is still in a clear phase of growth.

Case in point: a DeFi protocol launched yesterday has already garnered hundreds of millions of dollars worth of value. This comes in spite of the fact that the protocol’s code is unaudited by professional auditors.

This, to many, shows how much interest there is in DeFi and…

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