Vertex Bids Farewell to Arbitrum and Migrates to Ink in Search of Better Conditions
TL;DR Vertex will shut down its DEX on Arbitrum and migrate its infrastructure to Ink, a Layer 2 network backed by Kraken, eliminating its VRTX token. VRTX holders…
DeFi
DeFi coverage across lending markets, decentralized exchanges, liquid staking, governance, protocol revenue, exploits, risk controls and the experiments shaping open financial infrastructure.
Maple Brings syrupUSDC to Solana with $30M in Liquidity and $500K in Incentives
TL;DR Maple launches syrupUSDC on Solana with $30M in initial liquidity and $500K in incentives to accelerate its adoption in institutional DeFi. Kamino integrates…
Satoshi Protocol Soars Nearly 600% in a Month to $116M TVL
TL;DR Satoshi Protocol’s TVL surged nearly 600% in one month, reaching about $116M, highlighting its rapid growth in unlocking Bitcoin liquidity. The platform issues…
OKX Launches Wallet with Card and KYC for Everyone
TL;DR OKX, one of the leading cryptocurrency exchanges globally, is preparing to transform the way users interact with cryptocurrencies with the launch of its…
MEXC Ventures’ IgniteX: Propelling Web3 Talent with a Bold $30M Investment
TL;DR $30M Commitment for Web3: MEXC Ventures has launched IgniteX, dedicating $30 million over five years to nurture Web3 talent, support early-stage startups, and…
SpookySwap Launches Orbs Orders on Sonic
TL;DR The DeFi ecosystem continues to evolve at a rapid pace, and this time, SpookySwap takes a bold step forward in redefining decentralized trading.…
Avalanche Increases Its Stablecoin Supply, but AVAX Demand Remains Stagnant
TL;DR The supply of stablecoins on Avalanche grew by more than 70% in a year, but AVAX lost nearly 60% of its value during…
PumpFi Revolutionizes Solana: Buy Now, Pay Later
TL;DR PumpFun, widely recognized as one of the most active memecoin launch platforms on the Solana network, has made a bold move by introducing…
Sonic Surpasses $1 Billion TVL and Gains Momentum
TL;DR Sonic blockchain, formerly known as Fantom, has surpassed $1 billion in Total Value Locked (TVL), ranking as the 12th largest chain in the…
Dolomite Expands Its DeFi Platform to Bitcoin Through Spiderchain
TL;DR Dolomite expands its DeFi platform to Bitcoin through Spiderchain, a Layer 2 solution that enhances the blockchain’s scalability. Spiderchain integrates the Ethereum Virtual…
Hyperliquid in Controversy After JELLY Manipulation and Million-Dollar Exploit
TL;DR A user manipulated JELLY on Hyperliquid and made over $6 million by exploiting the platform’s liquidation system. Although Hyperliquid removed JELLY, the attacker…