MakerDAO News and Articles

In the third quarter, the income of one of the oldest DeFi projects MakerDAO collapsed by 86%, drawing attention to the analytical company Messari. An analyst under the pseudonym Johnny_TVL cited falling demand for loans and several large liquidations as the reasons. The protocol's revenue fell to...

Crypto lender Celsius, which found itself in a crisis recently, finished paying its loan to Maker DAO and got 21,962 WBTC worth around $440 M in collateral back. As can be seen on DeFi Explore, now the liquidation price is $0. In June, Celsius paused withdrawals, swaps, and transfers between...

Outstanding crypto loans in DeFi protocols have now surpassed $3 billion. On Aave, Compound, and MakerDAO, there is over $3 B of outstanding loans, $98.8 M of which was borrowed last week. These lending protocols are not like usual crypto loans firms. They’re networks, decentralized such that no...

The stablecoin Dai now is the third-largest by market capitalization after Tether and USD Coin. CEO and co-founder of Maker announced that Maker users have minted $1 billion worth of DAI. The Maker Protocol just hit 1 billion Dai for the first time ever! Want to be a part of growing it to 10...

The volume of funds blocked in the MakerDAO DeFi protocol reached $1 billion for the first time, strengthening the project's leading position in the decentralized finance market. This is evidenced by data from the DeFi Pulse. Over the past day, this figure has increased by 6.7%. Blocked funds have...

Crypto exchange Binance has announced support for the Dai stablecoin (DAI) and Maker Token of the MakerDAO platform. Against the background of this news, the MKR quotes went up sharply, at the moment they came close to the $600 mark. Trading in pairs MKR/BNB, MKR/BTC, MKR/BUSD, MKR/USDT, DAI/BNB,...