Manta overtakes Base in terms of TVL volume
Manta Network has surpassed the Base Network to become Ethereum’s fourth largest Layer 2 solution. According to the L2Beat platform, $858 million has already been locked in smart contracts on…
Here’s Everything That Is Happening Today in DeFi
Decentralized Finance (DeFi) is bustling with innovative developments today, showcasing many opportunities. From innovative lending protocols to strategic mergers and incentivized programs, the sector promises to redefine user experiences. These…
dYdX Tops Uniswap as Largest DEX by Volume
Decentralized exchange dYdX, which recently migrated from Ethereum to Cosmos, has topped one of Uniswap\'s markets to become the largest DEX by daily trading volume, according to data from CoinMarketCap.…
CertiK outlines three crypto exploits targeting DeFi users
Blockchain security firm CertiK listed three common ‘honeypot’ schemes created by exploiters to steal users’ crypto in decentralized finance (DeFi) in a report titled ‘Honeypot Scams’ published on January 11.…
Frax Finance\'s Layer 2 Fraxtal to Debut in February: Founder
Decentralized finance (DeFi) protocol Frax Finance, home to one of the world’s largest stablecoins, is looking to roll out its layer 2 blockchain, Fraxtal, in February, CEO and founder Sam…
Aave community mulls new proposal to increase liquidity for GHO stablecoin
Aave Labs has published a new governance proposal for integrating the GHO stablecoin across multiple blockchain networks. In a forum post on Jan. 17, Aave Labs, a firm behind the…
Bybit Launches Advanced Web3 Swap for Seamless DeFi Experience
Bybit, recognized as the third-largest crypto exchange globally by volume, has marked a significant milestone. The launch of Bybit Web3 Swap represents a leap forward in meeting the growing demand…
Mantle EcoFund Hits $10M Milestone in DeFi Investments, Eyes Additional $30M
Mantle EcoFund has successfully deployed $10 million in investments across six prominent DeFi projects within the Mantle Ecosystem, namely Merchant Moe, INIT Capital, Butter, Renzo, MUFEX, and TsunamiX. The fund…
This New Tool Aims to Address Risks in DeFi Protocols
While offering revolutionary financial services, the decentralized finance (DeFi) sector has been plagued by a series of risks and exploits. According to IntoTheBlock, the DeFi ecosystem lost a staggering $58.78…
Vote Now: AAVE Sets Deadline for BNB Chain Launch Decision
The Aave community is set to vote on a proposal for launching the Aave V3 on the BNB Chain. This move marks a pivotal moment in Aave’s expansion strategy, potentially…