BREAKING: These Crucial On-Chain Metrics Will Help You Profit the Most from DeFi’s High Volatility

avatar
· 閱讀量 293

Decentralized finance (DeFi) has seen a lot of hype in the cryptocurrency market.

DeFi has gained a lot of traction lately as it brings some of the essential financial services controlled by banks to the people. Lending, borrowing, staking, and yield farming is some of the different services that can be performed on an open-source permissionless platform. 

The use of on-chain metrics to analyze the price action of multiple cryptocurrencies within this market sector enables the opportunity to obtain the most intelligent financial vehicle in the history of finance.

For instance, the automated market maker (AMM) is a decentralized protocol that serves as an exchange platform to price many DeFi assets. 

These on-chain indicators reduce some of the AMM risks and challenges, such as impermanent losses during high volatility periods.

On-chain metrics to profit the most from DeFi tokens:

  1. Bitcoin Locked on Ethereum
  2. Top Five Value Locked
  3. DeFi Tokens Active Addresses
  4. In/Out of Money

Read more from the original article:

https://www.fxstreet.com/crypt...

風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。

喜歡的話,讚賞支持一下
回覆 0

暫無評論,立馬搶沙發

  • tradingContest