Express

Asset Management And Synthetic Assets Perform The Strongest In Third Quarter Of 2020

Emily Mason

Summary: Asset management and synthetic asset tokens have had the best performance in the third quarter of the year with universal market access (UMA), synthetix (SNX) and melon (MLN) leading the way, Messari research shows. UMA gained 391.8%, SNX 154.4% and MLN 118% over the course of the quarter. YFI which launched on July 17 yielded ...

Asset management and synthetic asset tokens have had the best performance in the third quarter of the year with universal market access (UMA), synthetix (SNX) and melon (MLN) leading the way, Messari research shows.

UMA gained 391.8%, SNX 154.4% and MLN 118% over the course of the quarter. YFI which launched on July 17 yielded a 2,911% return for quarter three. Lending markets like Compound, Maker and Aave gained the least in quarter three with 33%.

By Emily Mason    

  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 4 hours ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 4 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 7 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 11 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 13 days ago
  • You need to login to comment.