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In 2024, decentralized finance (DeFi) positions itself as one of the most dynamic and promising sectors in the crypto ecosystem. According to a recent report published by CoinGecko, which we will dissect in this post, new trends in DeFi offer unprecedented opportunities. With a total value locked (TVL) now exceeding 90 billion dollars, DeFi is ready to transform the way we conceive and use financial services.
The new liquidity dynamics
Perpetual liquidity pools are revolutionizing decentralized finance in 2024. These pools allow liquidity providers to earn real returns without the need to constantly monitor their positions. As explained by CoinGecko, “perpetual liquidity pools capitalize on real yields, offering a reliable option for traders looking to increase their leverage”. Crypto exchanges like GMX and Jupiter are notable examples.
Furthermore, intent-based architecture significantly simplifies user interactions with decentralized finance platforms. Instead of setting each transaction parameter, users can simply specify the desired outcome. “This approach removes technical complexities and allows for a smoother and more efficient user experience,” according to CoinGecko. Crypto protocols like UniswapX and Aperture Finance well illustrate this innovation.
Incentives, crypto airdrops, and liquid staking protocols
Incentives and crypto airdrops play a crucial role in the DeFi ecosystem by boosting user participation and reinforcing liquidity. Many DeFi projects use these mechanisms to attract and retain users. According to CoinGecko, “airdrops are widely used to build communities and increase the visibility of new crypto projects.” Platforms like Blur, EigenLayer, and Ethena are notable examples.
As for liquid staking protocols, they represent a major advancement by allowing users to maintain liquidity while staking their cryptos, thereby improving capital efficiency and offering new yield opportunities. For CoinGecko, “liquid staking tokens (LSTs) act as derivatives of staked assets, enabling their use in various DeFi activities.” Similarly, restaking protocols like EigenLayer are becoming popular and offer liquid restaking tokens (LRTs) for additional yields. The expansion of Layer 2 solutions, such as Metis’ Liquid Staking Blitz, and the potential approval of Ethereum spot ETFs are key factors that make staking more attractive and lucrative.
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Diplômé de Sciences Po Toulouse et titulaire d’une certification consultant blockchain délivrée par Alyra, j’ai rejoint l’aventure Cointribune en 2019.
Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l’économie, j’ai pris l’engagement de sensibiliser et d’informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu’elle offre. Je m’efforce chaque jour de fournir une analyse objective de l’actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
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