Latest DeFi News

PancakeSwap Leads DEX Market in July With $188B in Trading Volume
PancakeSwap, a decentralized exchange on BNB Chain, remained the largest DEX by spot trading volume in July with a total…

DeFi Trading Peaks; Traders Rush to Hyperliquid Causes API Outage
Crypto traders on Hyperliquid were left scrambling on Tuesday as a sudden traffic surge overwhelmed the trading platform’s servers, causing…

Mawari Launches Public Guardian Node Offering with $45M Commitment
Mawari, a leader in real-time AI-driven 3D immersive experiences, has just launched its public Guardian Node Offering under a model…

DeFi Market Hits $153B as Ethereum and Yield Farming Boom
The decentralized finance (DeFi) market has grown to a new three-year high. On Monday, the total value locked (TVL) in…

Clearmatics Unveils ‘Forecast Markets’ Amid DeFi Derivatives Trend
While decentralized perpetuals and derivatives are gaining popularity, Clearmatics is entering the space with its new class of DeFi derivatives…

Apple Farm Season 2 is now live on Etherlink with $3M Rewards
Apple Farm Season 2 is now live on Etherlink as of July 24, with over $3 million in rewards to…

Solana DEX Volume Hits $6B, Highest in Two Months. What’s Next?
Solana blockchain-based decentralized exchanges (DEXs) experienced a high point in activity, boasting close to $6 billion of daily spot trading…

Solana’s Jupiter DEX Allocates $150M USDC to Its Lending Markets
Jupiter, a decentralized exchange (DEX) aggregator on Solana blockchain, has deposited $150 million USDC into its lending product JLP Loans,…

Trump-Backed WLFI Clarifies Token Launch Details
To build trust, WLFI confirmed that no tokens held by co-founders, team members, or advisors will unlock when the token…

Trump-Backed WLFI Trading Set to Launch in 6 to 8 Weeks
World Liberty Financial ($WLFI), a Trump-backed token, is preparing to commence public trading of its token within the next 6…

Sudden Spike in Aave USDT Rates Sparks Discussions in DeFi
The DeFi leading protocol Aave has experienced an unusual surge in annual percentage yield (APY) for USDT stablecoin, spiking to…

Trump-Backed WLFI Gets Trading Approval as Community Votes Yes
Today, the governance proposal by World Liberty Financial (WLFI) to make its token tradable officially ended. The vote, which began…

Flare Marks 3 Years with Strong DeFi Growth and Adoption
Flare Network is marking three years of existence since its mainnet debut on July 14, 2022. From its humble beginnings…

DeFi Goes Institutional: BTCS Borrows $2.34M USDT on Aave, Buys 2,731 ETH
The long-living dream of every crypto enthusiast is coming true as publicly listed institutions start moving their funds within the…

BounceBit Enables RWA Staking With New xRWA Protocol
BounceBit has introduced the xRWA, an innovative protocol level feature in which tokenized real-world assets (RWAs) get brought directly into…

Mercurity Fintech Files Form K-6, Launches $500M DeFi Basket Treasury
Mercurity Fintech Holding Inc. (Nasdaq: MFH) has filed a Form K-6 with the U.S. Securities and Exchange Commission confirming the…

Aave Surpasses $50B in Net Deposits. What’s Next for Altcoin?
Aave has become the first decentralized lending protocol to cross $50 billion in net deposits, a milestone for decentralized finance.…

Cardano Midnight Glacier Airdrop Expects to Start Next Week
The Midnight Glacier airdrop is expected to begin its claim phase next week. This will be between July 16th and…

Caldera Foundation Unveils $ERA Token and Airdrop for Community
The Caldera Foundation has announced the launch of $ERA, a token that powers its blockchain system, and is giving some…

GMX Hacker Agrees to Return Stolen Funds for 10% Bounty
The hacker who drained GMX decentralized exchange (DEX) of around $42 million worth of assets has agreed to return the…

Hyperliquid Launches Trading for PumpFun’s Unreleased PUMP Token
The decentralized perpetual trading platform, Hyperliquid, has launched trading for PumpFun’s unreleased PUMP token, enabling users to speculate on the…

Trump’s WLFI Token Trading Vote Goes Live, 99% Say Yes
The proposal to make the Trump-backed $WLFI token tradable is now officially open for community voting. After receiving strong support…

Pi Network’s PiChain Global Adds Passkey Feature on PCM Wallet
Passkeys provide a more secure and user-friendly method of logging in.

Ethereum Records $8.4B in Cross Chain Inflows, Base Sees $4.3B in Outflow
Coinbase’s Layer-2 network, Base, has shed more than $4 billion in net outflow past this month as users move funds…

Tether Mints Additional 1 Billion USDT on Ethereum Network
Stablecoin issuer Tether has minted another one billion USDT tokens on the Ethereum network on 4th July. The mint brings…

Stablecoin Supply Hits New High on Ethereum: The Return of DeFi?
Amid heightened market activity in decentralized finance (DeFi), the total stablecoin supply on Ethereum has soared to an all-time high…

Circle Unveils ‘Gateway’ for Seamless Cross-Chain USDC Transfers
Circle, the issuer of USDC stablecoin, has launched ‘Circle Gateway,’ a solution built to unify USDC access and use across…

Flare Kicks Off FAssets Program to Power BTC, DOGE, XRP DeFi Growth
Flare Network has officially launched its FAssets Incentive Program to accelerate institutional-grade decentralized finance (DeFi) activity on XRP. Building on…

Resupply Plans 6M reUSD Token Burn to Recover From $10M Hack
Resupply, a stablecoin DeFi platform, has unveiled a recovery plan that includes burning six million reUSD tokens from its insurance…

Cardano Needs Executive Voice to Lead Bitcoin DeFi: Hoskinson
Hoskinson sees Bitcoin DeFi as Cardano’s best bet, as Minswap, Lace Wallet, and USDM gain traction with $2T liquidity in…