Defi Monthly Recap - August 2020

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August 3

?? Huobi Forms DeFi Investment Arm (Source)

?? Balancer Reaches $0.5B in All Time Volume in Just 4 Months (Source)

?? Dharma Integrates Uniswap, No Trading Fees for Limited Time (Source)

August 5

?? DeFi Protocol Opyn Hacked, Over $370K in User Funds Stolen (Source)

?? Synthetix to Introduce Synthetic Futures and Rebrand Exchange in H2 2020 (Source)

August 6

?? Set Protocol Unveils New Features of V2 Upgrade (Source)

August 7

?? Balancer Token Skyrockets Amid Podcaster Token Listing (Source)

?? Uniswap Completes Series A Funding, Raises $11 Million (Source)

?? Aave Carries Out First Credit Delegation Transaction (Source)

?? IDEX Raises $2.5 Million for IDEX 2.0 (Source)

August 10

?? Ampleforth Removes Pausability from Its Code Making it Fully Decentralized (Source)

?? Compound Launches Permissionless Price Oracle (Source)

?? Chainlink Growth Pushes DeFi Market Cap to Over $10B (Source)

August 11

?? A New Yield Farming Platform is Arriving in the Form of APY.Finance (Source)

?? Curve Discloses Liquidity Mining Pre-launch Rewards (Source)

August 12

?? Trading at Uniswap is Getting More Expensive as Ethereum Gas Fees Keep Rising (Source)

?? New Yield Farming Protocol Yam Finance Launches (Source)

?? Band Protocol Partners with Coinmarketcap (Source)

August 13

?? Timeline of the $YAM Project in a Nutshell (Source)

?? Chainlink is now in the TOP5 on CoinMarketCap (Source)

?? 1INCH DEX Raises $2.8M (Source)

August 14

?? CRV Token Launches Early as Unknown Individual Deploys Contracts (Source)

?? COINBASE to Soon Release Borrowing Feature (Source)

August 17

?? Curve Finance Hits $1B in TVL (Source)

?? Aave Wants to Tokenize Mortgages (Source)

?? Vitalik Admits He Hasn't Done Much DeFi Farming (Source)

?? BINANCE Launches DeFi Savings Feature that Includes Random DeFi Token Bonuses (Source)

?? Wrapped Bitcoin Demand is Accelerating (Source)

?? DeFi Now Surpasses $6B in Total Value Locked (Source)

August 18

?? Huobi Launches Global DeFi Alliance for Protocol and Communication Standards (Source)

?? Binance CEO Says DeFi is the Future (Source)

?? xSNX Fund Makes Staking Synthetix Easier (Source)

?? Yearn.Finance Announces Tokenized Insurance Platform Yinsure (Source)

August 19

?? YFI Token Hits All-Time High of $12,800 (Source)

?? After $YAM, a new $PASTA DeFi Project Has $200M Staked in 12 Hours (Source)

?? DEX dYdX and StarkWare Partner for Layer-2 Scaling Integration (Source)

?? DeFi May Be Overestimated by Nearly 3 billion (Source)

August 20

?? Bitfinex Lists Chainlink (LINK) (Source)

?? REN Price Skyrockets As it Crosses Over 10K Bitcoins to Ethereum (Source)

?? Algorand Launches Stateful Smart Contracts for DeFi Applications (Source)

August 21

?? Aragon Network DAO 8 Weeks Away From Its Major Phoenix Phase (Source)

?? Ampleforth Launches 9 New $AMPL Faucets for Liquidity Providers (Source)

August 24

?? Swiss DeFi Data Aggregator Raises $15M (Source)

?? With Bug That Led to $371K Hack Fixed, Opyn Launches YFI and WETH Options Contracts (Source)

?? 1inch unveils 1INCH token and Mooniswap Liquidity Mining (Source)

?? With More than 50% Voting Power, Curve's Founder Promises to Hold Back on Voting (Source)

?? Aave's Founder Would Like to Tokenize Tesla (Source)

August 25

?? Community Tells Binance's CEO to DYOR Under His Tweet On DeFi (Source)

?? Aave's New Licence is the Same One Coinbase and Revolut Use (Source)

?? Balancer Approves Liquidity Staking Incentive (Source)

?? Aave Now Has the Highest TVL, Almost Tripling Since the Start of August (Source)

?? DeFi Aggregator Bella Protocol Raises $4M (Source)

August 27

?? DeFi Tops $7B (Source)

August 28

?? DeFi Asset Management Protocol Zapper Raises $1.5M (Source)

?? Uniswap Adds Token Lists to Combat Fake Tokens (Source)

?? Framework Ventures Raises $8M for DeFi Lab (Source)

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