Quickswap $1B TVL, Cream Integrates Band Oracles, $100B Stablecoin Supply

Decentralise Daily #135

May 26, 2021

📰 Decentralise Daily #135

Decentralise is the daily DeFi newsletter breaking down the latest news and developments.

DeFi (Decentralised Finance) is a revolutionary movement built on Ethereum providing open financial tools for a global audience.

The space moves at lightning pace, so subscribe to get the latest news and market highlights direct to your inbox.

📊 Market Highlights:

Quickswap $1B TVL

QuickSwap @QuickswapDEX

🎙 Quickswap just hit $1,000,000,000 TVL! 🚀 Onwards! 🏃‍♂️ Powered by @0xPolygon $MATIC 🐉

Quickswap is an AMM only available on the Polygon sidechain, providing fast and affordable transactions.

Sidechains and L2 scaling solutions are really heating up, with Arbitrum expected shortly and Uniswap on Optimism slated for July.

🥧 PieDAO

Decentralise is sponsored by PieDAO, the community governing tokenised indices.

PieVaults are an industry first, diversified yield aggregators capable of multiple farming strategies.

PieDAO just migrated their large cap index DeFi+L to a PieVault architecture, unlocking native staking and lending across Aave, Cream and Compound.

Cream Integrates Band Oracles

Cream Finance 🍦 @CreamdotFinance

C.R.E.A.M. Finance is thrilled to announce that our #BinanceSmartChain and @FantomFDN lending and borrowing markets will be powered by @BandProtocol's price oracles.

medium.comC.R.E.A.M. Enhances Price Oracles Adding Band Protocol For BSC and FantomIntegrating Band Protocol across the C.R.E.A.M. ecosystem will ensure that the protocol is secured by decentralized oracles — consistently updating to reflect accurate and fair market prices. Our…

Cream’s BSC and Fantom markets will now use Band oracles.

Cream currently holds $622M TVL and supports lending and borrowing of 192 assets.

Total Stablecoin Supply Hits $100B

Frank Chaparro @fintechfrank

Total stablecoin supply crosses the $100 billion mark

theblockcrypto.comTotal stablecoin supply crosses the $100 billion markThe total supply of dollar-pegged stablecoins has surged past $100 billion. Most of that growth has been driven by USDT and USDC.

Stablecoin supply is now over $100B, up from $30B in just a year.

DeFi has provided a host of yield-farming opportunities where users can put their stablecoins to work, with no sign of slowing down.

🗞️ Previous Newsletter

Gitcoin DAO and GTC Airdrop, DYDX CRV-USD On L2, and Ribbon Finance RBN Airdrop

Decentralise is sponsored by PieDAO.

Join the PieDAO community.