• Home
  • Currencies
  • Funds
  • Rewards
  • Events
  • Careers
logo

Cryptorank News

  • Home
  • Currencies
  • Funds
  • Rewards
  • Events
  • Careers
News

FeFi Total Value Locked and Debt Outstanding

  • February 24, 2020

The market is growing on two sources of money: new money and credit money. DeFi decentralized finance platform issues loans secured by ETH cryptocurrency. Currently, loans amounting to $ 1.05B have been issued.

The outstanding debt is $ 208.2M, which corresponds to approximately 800,000 ETH. It is likely that credit funds go to the market for margin trading and are lost. At the end of the loan term, the locked ETHs will be sold on the market, which may lead to a collapse in the prices of ETH and the entire market as a whole.

 


Stay tuned in our Telegram channel and Twitter

You Might Like
Events, Press Releases

One of Europe’s biggest ever crypto events, Block 3000: Blockchain Battle goes live

CryptoRank

2022 Crypto Market Recap Pt. 1: Events That Moved The Market

CryptoRank

Our Portfolio Tracker Now Supports Arbitrum, Tron and Bitcoin

Leave a Reply Cancel reply

Blockchain Economy London Summit

Recent Posts

  • 2022 Crypto Market Recap Pt. 2: Market Environment Analysis
  • Writer
  • One of Europe’s biggest ever crypto events, Block 3000: Blockchain Battle goes live
  • 2022 Crypto Market Recap Pt. 1: Events That Moved The Market
  • Our Portfolio Tracker Now Supports Arbitrum, Tron and Bitcoin
Bitcoin Price by Cryptorank

Categories

  • AMA Recap
  • Analysis
  • Careers
  • CryptoRank
  • Currency Market
  • Education
  • Events
  • ICO Reviews
  • Investment
  • Mining
  • News
  • Press Releases
  • Uncategorized

Cryptocurrency Prices

Popular Posts

  • News

    YoBit.Net Review 2020: the exchange that strikes

  • AMA Recap

    Evanesco AMA Recap

  • Education, News

    What are Leveraged ETFs & How Do They Work in Crypto?

Market State by Cryptorank

Cryptocurrency news blog and investment strategy guide. All you need to know about ICOs, education, reviews, mining, and more.

RISK DISCLAIMER: The information contained on this website is not investment advice. Trading financial instruments carry a high level of risk and one for which we strongly advise you to consult with your registered investor advisor.

Products
  • Currencies
  • Exchanges
  • ICO’s
  • Alerts
  • Watchlist
  • Analytics
Contact us
  • List your ICO on CryptoRank
  • List your token on CryptoRank
  • Any questions: info@cryptorank.io
Recent Posts
  • 2022 Crypto Market Recap Pt. 2: Market Environment Analysis
  • Writer
  • One of Europe’s biggest ever crypto events, Block 3000: Blockchain Battle goes live
© 2023 cryptorank.io