If you’ve been following Ethereum Twitter over the past few days, you’ve likely seen the term “blue chip” mentioned time and time again in reference to certain DeFi projects. In traditional finance, a blue-chip company is one that is seen as reputable and steady, with the ability to perform well in any market conditions. The…
Despite 10% bounce in AAVE and YFI, analysts don’t think the DeFi bottom is in
As the short-term future of decentralized finance (DeFi) coins has become uncertain over recent days, analysts and investors in the space have weighed in on what they think comes next. Many assert that the fundamentals of this space are better than ever. Case in point: the total value locked in DeFi contracts recently hit an…