OKX Integrates Finceptor for Multi-Chain Liquidity Solutions
OKX, a popular Web3 tech company, released its latest features on February 13, 2024. One of the biggest changes is that OKX Wallet now supports Finceptor, a multi-chain liquidity and…
Sui price triples in 3 months, signals changing of the guard in DeFi
Challenger blockchains Sui, Sei and Ronin are having a moment. Their native cryptocurrencies have tripled in price over the past three months, outperforming all other layer-1 assets in the top-100…
Why Your Favorite DeFi Platform Could Be Compromised
Security remains a paramount concern in the Decentralized Finance (DeFi) market sector. As these platforms gain popularity, offering unprecedented financial freedom and opportunities, they become attractive targets for cybercriminals. The…
D8X Launches on Polygon zkEVM, Targets Institutional Grade Investors
D8X, a cryptocurrency decentralized exchange (DEX) for derivatives has launched on Polygon’s zkEVM in a bid to provide an institutional-grade platform for investors in decentralized finance (DeFi). In a recent…
Defi TVL reaches 20-month highs with Ethereum dominating the scene
The decentralized finance (defi) total value locked (TVL) has been constantly rising since the start of the month and is getting close to the $70 billion mark. According to data…
PayPal’s PYUSD users to access yield powered by Backed’s RWAs on Morpho Blue
In a partnership with Morpho Blue and Backed, PYUSD, PayPal’s regulated USD stablecoin issued by Paxos, will offer users access to DeFi yield through Backed’s tokenized real-world assets (RWAs). This…
Sommelier DeFi strategy vaults now live on Arbitrum
Retail investors, priced out of Ethereum mainnet by high gas fees and shifting their attention to layer-2 rollups, now have a 1-click yield vault option on Arbitrum, courtesy Sommelier Finance.…
EigenLayer\'s Cap Lift Prompts $4B Inflow as ETH Restaking Heats Up
Liquid restaking platform EigenLayer has become the fifth largest protocol in decentralized finance (DeFi) following $4.3 billion worth of fresh inflows over the past 10 days. The uptick in inflows…
Prisma Finance Launches $ULTRA-backed PrismaLRT Protocol for LRTs
Prisma Finance, a key player in the decentralized finance (DeFi) space, has introduced a groundbreaking borrowing protocol called PrismaLRT. It aims at revolutionizing the utilization of Liquid Restaking Tokens (LRTs).…
Trader Joe surpasses PancakeSwap to become the second-largest DEX on Avalanche
In a significant development within the decentralized exchange (DEX) landscape, Trader Joe has emerged as a dominant force on the Avalanche blockchain, surpassing PancakeSwap to claim the title of the…