{"id":27390,"date":"2020-08-18T12:03:49","date_gmt":"2020-08-18T09:03:49","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=27390"},"modified":"2025-08-26T20:31:57","modified_gmt":"2025-08-26T17:31:57","slug":"makerdao-compound-and-dydx-join-huobi-backed-defi-consortium","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/makerdao-compound-and-dydx-join-huobi-backed-defi-consortium\/","title":{"rendered":"MakerDAO, Compound and dYdX join Huobi-backed DeFi consortium"},"content":{"rendered":"<p><span style=\\\"font-weight: 400;\\\">Focused on developing projects in the field of decentralized finance (<\/span><span style=\\\"font-weight: 400;\\\">DeFi<\/span><span style=\\\"font-weight: 400;\\\">) Huobi&#8217;s cryptocurrency exchange unit has formed the Global DeFi Alliance \u2014 \\&#8221;an international consortium of centralized and decentralized financial services providers and platforms\\&#8221;.<\/span><!--more--><\/p>\n<p><span style=\\\"font-weight: 400;\\\">According to the press release, the consortium was joined by projects such as MakerDAO, Compound, Nest and dYdX.\u00a0<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">In the near term, the organisers of the Global DeFi Alliance are set to admit new members.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">The aim of the consortium is to promote DeFi projects and to develop the ecosystem, including by uniting disparate DeFi communities in the Asia-Pacific and Western regions.<\/span><span style=\\\"font-weight: 400;\\\"><br \/>\\n<\/span><span style=\\\"font-weight: 400;\\\"><br \/>\\n<\/span><span style=\\\"font-weight: 400;\\\">The Huobi DeFi Labs <a href=\"https:\/\/u1f987.com\/en\/news\/huobi-invests-tens-of-millions-of-dollars-in-the-defi-sector\">founded<\/a> the consortium earlier this month. The division has its own fund of tens of millions of dollars.<\/span><\/p>\n<p>Sign up for ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog Feed<\/a> \u2014 all the latest news, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Focused on developing projects in the field of decentralized finance (DeFi), Huobi&#8217;s cryptocurrency exchange unit has formed the Global DeFi Alliance \u2014 \u201can international consortium of centralized and decentralized providers of financial services and platforms.\u201d<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1494,1093,1337,230,1100],"class_list":["post-27390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-compound-comp","tag-defi","tag-dydx","tag-huobi","tag-makerdao"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=27390"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27390\/revisions"}],"predecessor-version":[{"id":27391,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27390\/revisions\/27391"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=27390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=27390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=27390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}