Omni Network Signs $600M Restaking Deal With Ether.Fi to Enhance Security
The $600 million will be used to secure the Omni network and enhance security of the EigenLayer ecosystem as a whole. Ether.Fi has more than $1.8 billion in total value…
Bernstein Expects DeFi to Make a Big Comeback
Bernstein notes that six out of the top ten revenue-generating protocols are DeFI applications. With real yields and regulatory clarity, global asset managers could consider a DeFi ETF, Bernstein said.…
The revival of DeFi thanks to the Bitcoin rally
In the midst of the roaring Bitcoin rally, analysts at Bernstein predict a significant resurgence of the decentralized finance (DeFi) sector, which is expected to lead the charge in the…
Ethena 2 and ACI Propose sUSDe Integration to Aave V3 on Ethereum
Ethena 2, alongside the Aave Chan Initiative (ACI), has proposed the addition of sUSDe, a synthetic dollar derivative, to Aave V3 on Ethereum. This move seeks to leverage Ethena 2’s…
Jupiter DAO set to launch, revolutionizing governance in DeFi
The much-anticipated launch of the Jupiter Decentralized Autonomous Organization (DAO) is slated to revolutionize governance within the decentralized finance (DeFi) space. With its inception imminent, here are the essential details…
Solana Weekly DeFi Trading Sets All-Time High Above $11 Billion
Trading volume on Solana-based decentralized exchanges (DEXs) blew past an all-time record this week, cementing the Ethereum rival’s place among the top beneficiaries of the crypto market’s current, steadily escalating…
Parallel Finance Founder Yubo Ruan on Revolutionizing DeFi with Omni-Chain Solution
Source: X / @ParallelLabs_ The decentralized finance (DeFi) sector, while ripe with potential, grapples with significant issues, particularly in terms of interoperability between different networks. This fragmentation creates a complex…
Defi on BTC blockchain could accumulate $225b, Pantera Capital says
Analysts at Pantera Capital see a half-trillion-dollar opportunity in bringing decentralized finance to Bitcoin, potentially making Bitcoin-based decentralized apps top assets in crypto. Pantera Capital analysts have identified a significant…
Ethena offers 27% on stablecoins but where is the yield coming from?
The launch of so-called ‘synthetic dollar’ Ethena (USDe) took place on Monday, alongside a heavily-shilled points programme, labelled as a ‘Shard Campaign.’ So far, over $300 million has been deposited…
INIT Capital\'s Innovative Liquidity Hooks Propel DeFi Industry Growth
In a bid to address the liquidity challenges plaguing DeFi startups and users, INIT Capital unveils its groundbreaking Liquidity Hook model, poised to redefine the Money Market infrastructure. — INIT…