Launches ? TreasureDAO launched Ruby Testnet, Treasure Portal, “Shards” point system, and major partnerships with EigenLayer, LayerZero, Caldera, and thirdweb. Updates ? Idle DAO introduced the RWA $USDT Best Yield Vault on Optimism. This is a fixed allocation vault to offer simplified and diversified access to institutional RWA credit lending. Early LPs earn OP rewards and pay zero performance fees. Upcoming ⏳ Stargate DAO proposed V2. V2 will introduce transaction batching and dynamic credit allocation (managed by the AI ​​Planning Module), aiming to improve cross-chain ..read more

Updates ? Jupiter Exchange, a Solana-based DEX aggregator, acquired a self-custody wallet firm Ultimate Wallet. The acquisition is part of the Jupiter Mobile Initiative, in which Jupiter Mobile beta will launch in May. Issues ? A depeg on Renzo’s ezETH was reported by both RedStone and Chainlink oracles. Leverage loopers on lending protocols such as Gearbox and Morpho Blue were liquidated when ezETH dropped over 15% (~$2700/ETH). Magpie, a cross-chain defi protocol, experienced an exploit and lost 129K from 221 wallets. A vulnerability was identified in the MagpieRouterV2 cont ..read more

Launches ? Ankr, a web3 infrastructure platform, has launched the public testnet for its AI-focused L1 blockchain Neura. Ankr’s ANKR token will act as Neura’s native token, and the team will incorporate a rewards system for ANKR holders with special benefits granted when the Mainnet is released later in the year. DODOchain testnet is live. Built by the team of DODO DEX, DODOchain is an omnichain trading layer 3 aiming to connect liquidity across L2s and is powered by Arbitrum Orbit, EigenLayer, and AltLayer. Curvance, an omnichain money market for yield-bearing assets, launched a p ..read more

Updates ? Tether partnered with Ton Foundation, issuing 60M of USDt on the TON blockchain. The Ton Foundation is allocating 11M TON in incentives, with 5M for boosting USDt/TON LPing across Ton DEXs and 5M for Ton Wallet’s USDt earn campaign. LayerZero has created a framework for liquid restaking protocols to add native minting on L2s easily. Ether.fi has adopted the framework, enabling weETH restaking on Base and Mode, and more L2s soon. Stryke (formerly Dopex) launched a revamped interface for options trading. Upcoming ⏳ MyShell is an L2 focusing on AI consumer adoption, p ..read more

Launches ? Flat Money, a protocol built by the dHedge team, is live on Base L2. Flat Money LPs can deposit Rocket Pool $rETH to mint $UNIT, a yield-bearing flatcoin that earns trading fees, funding rate fees, and liquidation fees from the Perpetual Futures Market. Leverage Traders can open long positions on $rETH in the Perpetual Futures Market and earn $FMP rewards based on $rETH trade volume. OKX launched the public mainnet of X Layer, its zkEVM L2. Built with Polygon CDK, X Layer provides faster, cheaper transactions when interacting with dApps. Origami Finance, an automated levera ..read more

Updates ? Safe acquired Multis, a crypto treasury management platform backed by Sequoia. Multis aims to help projects manage their treasuries by providing a single dashboard for making payments and dealing with accounting. Upcoming ⏳ Ton Foundation announces the Open League DeFi Grants Program. The program aims to help projects launch and expand on the Ton blockchain with up to $300,000 in user incentives and up to $200,000 in grants per team. Ether.fi proposed to add weETH market to Compound V3 on Ethereum. The proposal explains that weETH and ETH can be used as collaterals f ..read more

Launches ? Flat Money, a protocol built by the dHedge team, is live on Base L2. Flat Money LPs can deposit Rocket Pool $rETH to mint $UNIT, a yield-bearing flatcoin that earns trading fees, funding rate fees, and liquidation fees from the Perpetual Futures Market. Leverage Traders can open long positions on $rETH in the Perpetual Futures Market and earn $FMP rewards based on $rETH trade volume. Updates ? Aevo enables new trading features, allowing traders to close a portion of their positions (Partial TPSL), and set take profits or stop losses on their full market order when ope ..read more

Updates ? Jupiter launches Jupiter Staked SOL (JupSOL), an LST representing SOL staked to Jupiter’s validator. JupSOL earns staking yields and MEV kickbacks from Jupiter’s Validator and has no fees. The more SOL that participates in staking, the more Jupiter can send transactions and reduce the impact of network congestion. EigenLayer removed all LST caps and unpaused deposits on April 16th, 9:00 AM PST. Restaking is currently uncapped, however, there is a proposal suggesting a 33% LST limit to “ensure a balanced and decentralized ecosystem.” Lido launches Simple DVT module on main ..read more

Launches ? OKX launched the public mainnet of X Layer, its zkEVM L2. Built with Polygon CDK, X Layer provides faster, cheaper transactions when interacting with dApps. Updates ? GMX launched Single-Token Pools on V2, starting with yield-earning BTC and ETH liquidity pools on Arbitrum. These new markets allow LPs to earn fees from supporting trading while maintaining BTC or ETH exposure. Upcoming ⏳ IndexCoop approved the proposal to launch a suite of automated leverage tokens on Arbitrum. The Tokens to be launched include inverse and direct leverage options for ETH and BTC ..read more

Launches ? Origami Finance, an automated leverage protocol, is live on Ethereum. Origami’s first Ethena vaults are powered by Morpho Blue, allowing users to farm with 5x leverage on both sUSDe & USDe and earn bonus Sats. Updates ? Arbitrum LTIPP snapshot votes are live for applicants who were recommended by the Council. Safe DAO's proposal to enable SAFE transferability has been approved. AltLayer unveils dual staking for MACHs, allowing users to stake ALT alongside restaked ETH. Stakers will be rewarded with upcoming Xterio ecosystem rewards. Upcoming ⏳ Gitcoin D ..read more