Radix\'s Project Ignition: Fuelling $10M Liquidity through DeFi
This week, the Radix Network has unveiled Project Ignition, a $10M liquidity initiative aimed at fortifying liquidity for USDC, USDT, wBTC, and ETH. This pioneering program matches liquidity providers\' contributions…
EigenLayer TVL close to $6 billion after temporary cap removal
Ethereum-based staking protocol EigenLayer has seen its total volume locked (TVL) reach almost $6 billion after it temporarily lifted its deposit cap between Feb. 5 and today. DeFiLlama data shows…
Arthur Hayes Praises ether.fi TVL As First LRT To Cross $1 Bln, What\'s Happening?
In a recent development within the crypto space, BitMEX Founder Arthur Hayes has expressed his enthusiasm for the soaring success of ether.fi, as its total value locked (TVL) surpasses a…
Puffer Finance news: $850 million of TVL
Positive news for Puffer Finance, which has surpassed 850 million dollars in total locked value (TVL) in its smart contracts, since its launch on February 1st. Currently, it ranks as…
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…