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Browsing Category
DeFi
Morpho Debuts DeFi Lending Opportunities on Sei Network, Advancing Cross-Chain DeFi Experience
Morpho, a decentralized lending protocol developed on Ethereum, disclosed a strategic integration with Sei, a high-performance Layer-1 blockchain network specialized for trading and financial…
Euler teases launch of synthetic dollar product
Euler plans to launch a USD synthetic “in a few weeks,” a step the startup says will complete a triad of products spanning lending, exchange, and a dollar-denominated asset, according to remarks in a…
Flare Integrates Xaman to Simplify FXRP Minting for XRP Holders
The team behind Flare Network has announced an important integration that allows XRP holders to mint FXRP directly from their Xaman wallets. Specifically, Flare integrated the XRPL-based self-custody…
Did CEXs Underreport Recent Liquidations?
Calvin James Hyperliquid ensures full transparency by recording all trades and liquidations on the blockchain, offering real-time…
Aave freezes PYUSD markets after unprecedented 300T mint and burn
Blockchain data showed stablecoin issuer Paxos both minted and burned about $300 trillion worth of the PayPal USD stablecoin within 30 minutes, leaving many crypto users scratching their heads. In a…
Scallop Becomes Core DeFi Protocol on Sui With $102M in TVL
The decentralized finance (DeFi) protocol Scallop (SCA) has emerged as one of the leading projects on the Sui blockchain, according to a recent report from crypto research firm Messari. The platform…
Yei Finance Token Soars 250% on Launch Day
Cross-chain liquidity layer Yei Finance launched its CLO token on Sei and BNB Smart Chain today. CLO is up 245% since this morning, surging from a $17.5 million market capitalization to $61 million in…
Perp DEXs thrive amid liquidation chaos, fees and volume spike
DeFi protocols and perpetual DEXs survived the biggest liquidation events on October 10-11 with flying colors. This time, DeFi benefitted from fees and managed to control its liquidations. DeFi and…
Developers of One of the Major Altcoins of 2021 Bull Announce They Have Repurchased a Significant…
DeFi protocol Aave has repurchased over 100,000 AAVE tokens at an average price of $239.25, according to recent data. The total buyback amount may increase depending on the protocol's revenue…
DeFi Withstands Stress Test as Market Mayhem Wipes Out Nearly $20B
On Friday, Oct. 10, the crypto market yet again showed how quickly it can take a sharp turn, with crypto exchanges reporting around $20 billion in leveraged positions liquidated in just a few hours —…