“Defi whispering walls: Cryptography digital dream hubs”
A new era has emerged in the large market of cryptocurrencies, where decentralized finance (DEFI) has become an innovation and growth lighthouse. Among the many platforms that have created headlines in recent years, one name stands out as a shining defi potential example: Chainlink (link).
Chainlink is not just a protocol; It is an ecosystem that has changed how people interact with decentralized applications (DAPP). Counlink in its core provides a secure and reliable data flow to DAPP, allowing them to operate regardless of traditional exchange. It has created a new variety of Defi platforms that disrupt traditional cryptocurrency business models.
One such platform is Coinbase, a leading exchange that has been at the forefront of cryptographic adoption for years. With its durable user interface and a secure trading experience, Coinbase has become the goal of both beginners and experienced traders. However, as more and more users join the cryptographic space, Coinbase TVL (total value is blocked) has become exponentially.
Starting in the 1st quarter of 2022, Coinbase’s TVL is about $ 7 billion. This means a significant increase compared to the previous Q4 2020 number $ 5.3 billion. The increase in TVL can be attributed to the growing defi protocol and application acceptance, as well as decentralized finance (defi) exchange, such as Coinbase.
Other significant cryptographic platforms with significant growth are binance, Kraken and Bitfinex. Although these exchange may not withstand the same TVL level as Coinbase, they are still the main members of the cryptocurrency market. However, it is worth noting that the above TVL numbers can change, as the cryptographic market is known for its volatility.
The Defi platform on TVL can be measured in a variety of ways, including its total value (TVL), the volume of transactions and the user base. In recent months, Chainlink has experienced significant growth in all these areas. According to its latest report, Chainlink TVL has reached the highest level of $ 4.3 billion at all times.
This growth can be attributed to the growing defi protocol, such as the acceptance of Chainlink on Chain Oracle Network, which provides real -world data flows in DAPP. The platform also has significant partnerships with major companies, including IBM and Google, among other things.
As the encryption market continues to develop, it will be exciting to see how defi platforms like Chainlink and Coinbase continue to be introduced and grown. With its durable ecosystem and commitment to secure and reliable data flows, Chainlink is ready to remain a leading player in the cryptocurrency world.
Chainlink Ecosystem:
- Chain Oracle Network
- Real World Data Feed DAPP
- Partnerships with major companies
Coinbase’s TVL:
- Q1 2022: USD $ 7 billion
- Q4 2020: USD $ 5.3 billion (previous highest number)
Note: The above figures are subject to changes and may not reflect the current market situation.