Latest DeFi News

Brand New PondDeX Distributes Airdrop To Users For Every Swap
The newly launched PondDeX native token’s price surged by 80% in just 24 hours after launch.

Matter Labs Co-founder Proposes Ethereum Supreme Court For DeFi
Each court will have to specify to its higher court if the decision can be appealed until the final appeal…

Base TVL Surpasses $400M, More Than 100 Protocols Deployed
Coinbase’s Ethereum layer2 blockchain has 101 protocols deployed within a month of its launch.

SushiSwap Adjusts Rewards For MOON And BRICK Liquidity Farms
MOON/ETH and BRICK/ETH liquidity farms are deployed on SushiSwap’s second variation (v2).

MakerDAO Founder Proposes Fork Of Solana Codebase
The native chain of MakerDAO is currently named “NewChain” and is an important part of MakerDAO’s “Endgame.”

PancakeSwap Launches on Coinbase Ethereum Layer 2 Base
The PancakeSwap is now available on eight blockchain networks.

Swift and Chainlink Experiments on Tokenized Asset Transfers
Swift's experiments show that its infrastructure could act as a single point of entry for financial institutions to trade and…

Balancer Exploited for $900k Despite Vulnerability warning
The attacker drained approximately $900k from Balancer’s v2 pools.

Shibarium Re-Opened Fund Withdrawals on its Bridge to Ethereum
The pseudonym Shiba Inu developer Shytoshi Kusama has announced in a recent blogpost that Shibarium has been reopened and is…

Base Protocol Magnate Finance Rug Pulls $6.4M From Users
The Magnate team has deleted all its digital presence, including its Twitter handle, Telegram account, and chats, and its website…

Pendle Finance Introduces RWA Product to its DeFi Platform
Pendle adds sDAI and fUSDC strategy to its yield generating platform.

Decentralized Social Media Farcaster To Migrate On OP Mainnet
Dan Romero, the co-founder of the decentralized social media protocol confirmed the migration plan on X (Twitter).

Balancer Reported ‘Critical Vulnerability’ Affecting its V2 Pools
A vulnerability in Balancer smart contract could have put protocol in menace if it was exposed to attackers.

Will Mantle’s $66M ETH Staking Bet on Lido Pay Off Big?
Mantle hopes to continue working with Lido Finance to bring wstETH and other ETH-staking applications to the Mantle Ecosystem in…

Arbitrum Transactions Glitch, Offchain Labs CTO Responds
The Arbitrum Layer 2 project team, Offchain Labs, clarifies that the network did not experience a one-hour downtime yesterday. A…

Exactly Protocol Suffers $12M Hack on Optimism Layer 2
Exactly Protocol had a $38.5 million TVL before the exploit and it has currently decreased by more than 50% at…

Uniswap Worker Fired for Rug-Pull Dispute of 14 ETH Memecoin
Uniswap employee, AzFlin, had been terminated due to accusations of orchestrating the “rug-pull.”

MakerDAO’s Spark Protocol Unveils Native SPK Token’s Airdrop
Rune Christensen shares his plan to release tokens gradually with unlocking 500M in the first year.

MuesliSwap Refunds Users That Lost Funds in Slippage Crisis
Users of the DEX have been grappling with elevated slippage for the past year.

Cypher Protocol Freezes Smart Contract after $1M Exploit
Solana-based future exchange platform exploited by hackers draining $1 million in SOL and USDC.

Aave’s CRV Borrowing Ban Passes with 100% Community Support
The proposal garnered unanimous support from the AAVE community, receiving a 100% favorable vote.

GMX Launches v2 Beta & Introduces New Assets For Trading
The popular DEX on Abitrum launched v2 beta with new asset markets.

Curve asks LPs to Withdraw Funds From its Tricrypto Pool
Curve warns its users to withdraw funds following the latest exploit.

DeFi Liquidity Marketplace Clearpool Launches on Polygon zkEVM
Clearpool is now available on Polygon zkEVM with lower gas and higher efficiency.

Copycat Vyper Attack Hits BNB Smart Chain Stole $73K
Security Concerns Soar as BSC Exploits Lead to Crypto Theft in DeFi Protocols.

Critical Vyper Vulnerability Exposes DeFi Ecosystem
Millions in Cryptocurrencies Stolen in Exploits on Curve Finance and Other DeFi Pools.

Sui to Allow Liquid Staking, Enabling Broader DeFi Ecosystem
The Sui community passed a proposal to introduce liquid staking in its ecosystem.

Palm Network to Join Polygon Ecosystem Becoming a ZK Supernet
Palm's migration to a ZK Supernet involves two steps: 1) Moving to a Proof-of-Stake chain in August 2023, and 2)…

Italy’s Central Bank Starts DeFi Project with Polygon & Fireblocks
The institutional DeFi initiative will help financial institutions explore the tokenized ecosystem.

Credix Finance Introduces Private Credit Pool on Solana
This new credit pool is launched with support from Clave, a US-based credit firm operating primarily in Colombia.