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Axie Infinity creator raises $150M, DApp daily users surge to 2.4M and more -Breaking

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Finance Redefined. Axie Infinity founder raises $150M. DApp daily user surges to 2.4M.

The Decentralized Finance (DeFi), world witnessed another week of increasing on-chain developer and market activity, even as the overall market cap suffered a small dip in the midst overall market retrace. For hack victims affected by the Ronin bridge exploit and play-to-earn tokens (NFT), the game’s creators raised $150M.

Decantralized applications, a daily user count soared to 2.4million in the first quarter (2022), while SushiSwapSUSHISynthetix (SNX) were booted out of Grayscale’s popular Decentralized Finance Fund. Yearn.finance, the popular DeFi protocol announced that it supports ERC-45626, an ERC-4626 tokenized vault standard.

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