Latest DeFi News

EigenLayer’s Mainnet Attracts Coinbase and Google Cloud
EigenLayer's recent mainnet launch has garnered significant attention, with tech giants Coinbase and Google Cloud joining as operators for the…

EigenLayer Launches on Ethereum, Introduces EigenDA
EigenLayer, a service that enhances Ethereum's security through "restaking," has officially launched on the blockchain's mainnet. This launch was accompanied…

Ethena Labs Lands $250M USDeFRAX Pool on Curve
USDe integrates Bitcoin to support its peg, echoing CryptoQuant's concerns of crypto contagion, as faced by UST and Terraform.

Swaap Finance Launches Swaap Earn to Amplify DeFi Yields
Additionally, Swaap DAO plays a crucial role in governance, further enhancing the protocol's security and adaptability.

dYdX Community Votes to Stake 20M DYDX Tokens for Security
The approved proposal on April 6 enables staking tokens worth over $61 million, fortifying dYdX's network against control attacks with…

EU Crypto Rules May Hamper DeFi for Regular Users
The European Union's (EU) regulatory landscape for cryptocurrency is poised for a significant shift, potentially impacting the accessibility of decentralized…

Uniswap’s $2 Trillion Volume Surpasses Australia’s GDP
Uniswap, a decentralized exchange (DEX), achieved a remarkable milestone by surpassing $2 trillion in total trading volume, marking this achievement…

SushiSwap Governance proposes to restructure Treasury
A proposal from SushiSwap recommends changing how its treasury works. It proposes to move assets from the DAO-controlled Treasury to…

Prisma Finance Plans to Safely Restart the Protocol Post-hack
Prisma Finance has laid out a comprehensive plan to restart its Prisma protocol, which faced a suspension on March 28…

Soil’s Protocol Surpasses $2 Million Total Value Locked
Soil, a decentralized credit protocol, is now listed on Gate.io, MEXC, and Uniswap, with Total Value Locked (TVL) surpassing $2…

Frax Finance Joins Cosmos Through Noble Asset Chain
Frax Finance, a decentralized protocol housing the seventh-largest stablecoin, FRAX, has entered a significant partnership with Noble, an asset issuance…

Aave addresses risks from MakerDAO’s DAI expansion
Aave has announced a proposal through its Aave Risk Framework Committee (ARFC) to adjust DAI stablecoin's risk settings. Aave responds…

DEX CrowdSwap Launches First Decentralized Crypto ETF
CrowdSwap introduces the Bull Run dETF, a pioneering decentralized exchange ETF offering simplicity and diversity in crypto investments. Launched recently,…

Origin Protocol to merge OGN & OGV to enhance Ethereum Staking
Origin Protocol, a key player in the decentralized finance (DeFi) sector, has proposed a strategic merger of its Origin DeFi…

FixedFloat Hit by $2.8 Million Crypto Hack Again
Decentralized cryptocurrency exchange FixedFloat has suffered another hack, resulting in the loss of nearly $2.8 million worth of cryptocurrencies on…

Solana Labs Co-Founder Releases BunkerCoin Whitepaper
Anatoly Yakovenko, co-founder of Solana Labs, has unveiled a whitepaper for a new protocol named BunkerCoin, which is designed to…

MakerDAO Plans to Allocate 600M DAI to USDe & sUSDe
MakerDAO is about to invest $600 million of its DAI stablecoin into USDe and sUSDe through Morpho Labs, a DeFi…

dYdX to Set Up Shop in Cayman Islands Amidst US DeFi Scrutiny
dYdX Operation Trust plans to shift operations to the Cayman Islands. This move comes as U.S. regulators increase their scrutiny…

Spark Protocol Expands DAI Liquidity with Morpho’s Lending Platform
Sam MacPherson, CEO of Phoenix Labs, expressed enthusiasm about the collaboration unlocking opportunities in the DeFi lending space.

Prisma Finance Hacker Claims $11.6 Million ‘Whitehat Rescue’
The individual responsible for the $11.6 million DeFi protocol exploit at Prisma Finance has claimed it was a "whitehat rescue"…

Jupiter DAO Launches with $137M to Drive Solana’s Decentralized Future
As one of Solana's leading DEX platforms, Jupiter boasts $381.49 million in total value locked (TVL), contributing significantly to Solana's…

Pink Drainer Dominates Spark with 12 Million DAI Stakes
In the realm of decentralized finance (DeFi), the notorious hacking group Pink Drainer has risen, causing havoc. PeckShield's probes uncovered…

Munchables Recovers $62.8 Million in Ether After Hack
Munchables, a GameFi application, has successfully reclaimed $62.8 million worth of Ether following a breach by one of its developers.…

Curio Strikes Back with CGT 2.0 Following $16 Million Exploit
Additionally, Curio has outlined a phased compensation scheme for the liquidity providers impacted by this incident

SSV.Network Reaches $1Billion TVL in Staked ETH
SSV.Network currently serves more than 8,500 Ethereum validators, with 266 independent operators having now integrated its technology

Pyth Price Feeds Unite with Merlin Chain for Real-Time Data
The integration of Pyth oracle onto Merlin Chain, a Bitcoin Layer2 employing ZK-Rollup network and decentralized oracle capabilities, marks a…

Osmosis, dydx & Synthetix Lead DeFi Growth: Santiment Data
Osmosis, a decentralized exchange operating within the Cosmos ecosystem, has skyrocketed to claim the title of the most vibrant DeFi…

DeFi Education Fund & Beba Sue SEC Over $BEBA Token
The DeFi Education Fund and apparel company Beba had just filed a complaint against the Securities and Exchange Commission (SEC)…

HACKATAO’s Art Flourishes Within The Sandbox Game Universe
Hackatao, the groundbreaking artist duo celebrated for their innovative fusion of art, technology, and philosophical inquiry, unveils their inaugural foray…

Frax Finance Aims for $100B Locked Value with Singularity Plan
Frax Finance has launched an ambitious singularity roadmap aimed at boosting the total value locked (TVL) in its layer 2…