DeFi

Uniswap, a decentralized exchange platform, has introduced three innovative mechanisms to enhance the efficiency of transactions for traders and investors. These mechanisms include a browser sidebar wallet extension, an order engine, and a data and…

Ethereum’s new Blast layer-2 network has generated buzz in the crypto community, but also raised concerns as nearly $1.6 billion of its initial deposits were withdrawn within the first 24 hours. This rapid decline in…

Ethena 2, in partnership with the Aave Chan Initiative (ACI), has put forth a proposal to introduce sUSDe, a synthetic dollar derivative, to Aave V3 on the Ethereum platform. This move aims to enhance the…

Aave’s decentralized autonomous organization (DAO) is currently assessing a proposal to join the Lido Alliance and create a dedicated market for the liquid staking protocol’s staked Ethereum (stETH) token. The Lido Alliance focuses on promoting…

The decentralized finance (DeFi) ecosystem has recently seen a surge in total value locked (TVL), surpassing the $100 billion mark for the first time in almost two years. DefiLlama’s data as of March 9, 2024,…

RippleX, the development arm of the blockchain-based digital payment protocol Ripple, recently revealed a technical glitch affecting some Automated Market Maker (AMM) pools on the XRP Ledger. This issue has disrupted transaction processing within these…

Skywards, a major player in the DeFi ecosystem, has proposed to integrate the staked version of Ethena’s synthetic dollar, sUSDe, into Aave V3 on Ethereum. This proposal comes after a consensus was reached during the…

MakerDAO, a well-known player in the cryptocurrency lending sector, is considering a substantial investment of $600 million in DAI into USDe and staked USDe (sUSDe) via Morpho Labs’ DeFi lending protocol. This move aligns with…

Liquid staking protocols have been on the rise on the Ethereum blockchain since the transition to Proof-of-Stake (PoS) after The Merge event in September 2022. Recently, there has been an increasing focus on restaking, particularly…

Coinbase International Exchange has announced the addition of support for Wormhole (W) perpetual futures, opening up new trading opportunities for users. The launch is scheduled for April 4, at 9:30 a.m. UTC, coinciding with Wormhole’s…