🦄 Recap: DeFi Week of Feb. 8

Hello Defiers! Hope you’re having a great weekend.

Summing up: What a week! It started out with Tesla saying it bought $1.5B in Bitcoin, the day after ETH CME futures launched, and any concern about institutional bears driving down the prize evaporated, with Ethereum’s cryptocurrency breaking through $1,700 and $1,800. The St. Louis Fed issued a report saying that DeFi is likely the future of finance. Mastercard said it was adding crypto to its network, BNY and JPM said it would add crypto too. There was another big name making waves, and it was The Defiant who broke it —Mark Cuban said on the podcast that he’s a major ETH bull and DeFi power user.

Male artists are mining “thirst trap” NFTs in support of blockchain advocate CryptoFinally, spurring debate over sexism and what ownership of an individual’s digital image means. We also covered how Aave may be getting overheated after an impressive surge, and that MetaMask is making bank, proving decentralized wallets and DEXs can be profitable businesses. There’s a rising number of DeFi indexes, giving investors a chance to get diversified exposure to the space, as we covered on our Defiant Weekly video.

And there was more! There’s a lot going on, but we’ve got you covered :)

Subscribe to get the latest DeFi news and analysis straight to your inbox and you don’t miss a thing. Free-signups get partial content, paid subscribers get everything. Click here to pay with DAI (for $100/yr) or click on the button below to subscribe with fiat ($100/yr, $10/mo).

🙌 Together with: 

  • Zerion, a simple interface to access and use decentralized finance

  • Ledger, a hardware wallet combined with the Ledger application to securely buy, sell, exchange, stake, lend & manage your crypto

  • Kraken, consistently rated the best and most secure cryptocurrency exchange, which can get you from fiat to DeFi

  • Casper, an enterprise-focused blockchain which aims to introduce unprecedented security, speed and scale for businesses


The Defiant Weekly

The Defiant guide to DeFi Indexes - Be Like Buffett

Tuesday Tutorials

Up to 9x Leverage Yield Farming with Alpha Homora V2

Monday Quick Take

A Look at NFTX


Mark Cuban: "ETH Has an Advantage Over BTC as a Store of Value"

In this week’s episode, we speak with Mark Cuban, Dallas Mavericks owner, billionaire investor and Shark Tank star. It’s been hard to pin down if Cuban is a crypto skeptic or believer. He has questioned the value of bitcoin and called its price surges a bubble, but he has also accepted crypto payments for his basketball team, and tweeted about using Aave and selling NFTs. You’ll have no doubt after listening to this interview where he stands: Cuban is a crypto bull, but more specifically a DeFi and Ethereum bull.

🎙Listen to the interview in this week’s podcast episode here:


  • AAVE May Be Getting Overheated: Aave continues to surpass expectations from an investment standpoint and in terms of progress in the underlying protocol, but on-chain data shows holders may be preparing to take profits.

  • Mastercard Plans to Bring Crypto Into its Network: Mastercard will start directly supporting select cryptocurrencies, the world’s second-largest payment network announced on its website yesterday.








💜Community Love💜

Thanking all the amazing Defiers for the support and love this week (and always)!

The Defiant is a daily newsletter focusing on decentralized finance, a new financial system that’s being built on top of open blockchains. The space is evolving at breakneck speed and revolutionizing tech and money. Sign up to learn more and keep up on the latest, most interesting developments. Subscribers get full access, while free signups get only part of the content. Click here to pay with DAI (for $100/yr) or sub with fiat by clicking on the button above ($10/mo, $100/yr).