Today in DeFi
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DeFi moves at the speed of light. Everyday several projects are launched, and new ones are kicked into development.
Today In DeFi keeps you up to date at the speed of DeFi.
Today in DeFi
9h ago
Launches ?
BOB, a hybrid Bitcoin L2, has launched its mainnet with over 40 projects deployed on the chain. BOB also launched Fusion Season 2, allowing users to earn Spice (points) by supplying TVL, using BOB dApps, and completing Galxe quests.
Nim Network, an AI gaming RollApp (IBC rollup chain) powered by Dymension, launched its mainnet. NIM liquidity provision and CEX listings will follow in the coming days.
Bedrock, a cross-chain liquid restaking protocol, launched liquid-staked Bitcoin (uniBTC) in partnership with Babylon. Users can now stake BTC for uniBTC and earn staking rew ..read more
Today in DeFi
2d ago
Updates ?
Kamino is introducing KMNO staking which will be live on April 30th 12 PM (UTC). Staking Multiplier will increase over time - up to a maximum of 300% and 3x Points Per $ of KMNO Staked.
Reserve is showcasing USD3 Web3 Dollar, A low-risk yield-bearing USD stablecoin, backed in equal parts by Aave PayPal USD, DAI Savings Rate, Compound USDC
Upcoming ⏳
Frax Finance’s community raised a new proposal for variable rate bonds each with a 30 million FRAX cap and seeks authorization on Fraxlend AMO to deposit minted FRAX into specified Fraxlend pairs.
Mantle is discussing ..read more
Today in DeFi
3d ago
Updates ?
Dymension introduced Escrow IBC (eIBC), an IBC-based protocol fast bridging between Optimistic Rollups. eIBC allows anyone to run a client and make money by fulfilling user withdrawal requests from RollApps, giving users fast withdrawals while securing RollApps.
Jupiter introduced Jito Bundles Tipping to protect users from MEV attacks. Using Jito Bundles, users will hide their transactions from searchers looking for MEV opportunities, and minimize their losses to sandwich or other MEV attacks.
Eigenpie, a subDAO for restaking, now supports native restaking for ETH. Users ..read more
Today in DeFi
4d ago
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 priv ..read more
Today in DeFi
6d ago
Updates ?
Renzo’s tokenomics debut led to community backlash and the ezETH sell-off.
In response, Renzo’s team adjusted the initial tokenomics by increasing the community allocation by 2% and pulling forward the timing for community members to claim tokens ahead of Binance Launchpool participants.
Avail, a modular scaling solution built by ex-Polygon co-founder, announced that Arbitrum, Optimism, Polygon, StarkWare, and zkSync, can now utilize its DA layer. The integration helps developers to build more scalable, cost-efficient, and composable chains.
Upcoming ⏳
Origin Protoco ..read more
Today in DeFi
1w ago
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
Today in DeFi
1w ago
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
Today in DeFi
1w ago
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
Today in DeFi
1w ago
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
Today in DeFi
1w ago
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