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Browsing Category
DeFi
World Liberty Financial To Airdrop USD1 Stablecoins to WLFI Holders, According to Governance…
The Trump family-adjacent decentralized finance (DeFi) project World Liberty Financial (WLFI) has proposed a stablecoin airdrop. Last month, the DeFi project announced plans to launch a new stablecoin…
BounceBit Brings CeDeFi Power to Solana — Institutional Strategies Meet High-Speed Blockchain
Singapore — BounceBit is officially live on Solana. The CeDeFi protocol, which already boasts over $500 million in total value locked (TVL), is expanding to the high-performance network, unlocking…
PancakeSwap Unveils CAKE 3.0: Burn More, Simplify Everything, Cut Emissions
PancakeSwap cuts emissions and removes staking to simplify CAKE ownership. All trading fees now fund token burns to support long-term deflation. Target set to reduce CAKE supply by 20% by 2030.…
DeFi Borrowing Demand Plunges as Crypto Traders Deleverage Amid Market Turmoil
Borrowing demand across decentralized finance (DeFi) protocols plunged sharply in the wake of the recent crypto market turmoil, a sign of widespread deleveraging as crypto investors unwound risky…
Aave DAO opens Snapshot vote for proposal to add Pendle’s PT tokens to Aave V3 Core Market
Aave DAO members are voting on a proposal to add Pendle’s Principal Tokens to its V3 Core market. The proposal, posted on the web3 voting platform Snapshot on Apr. 7, suggests listing an initial PT…
Significant $25M USDC Transfer: DWF Labs Backs Trump’s DeFi Venture – What’s Next?
In a move that’s sending ripples through the crypto sphere, prominent digital asset market maker DWF Labs has reportedly transferred a substantial $25 million in USDC to World Liberty Financial…
Aave DAO approves $1 million weekly buyback as part of new tokenomics plan
Aavenomics, the proposal to modify Aave protocol tokenomics and introduce token buybacks, has achieved a quorum for the Aave DAO. Aave Chain Initiative (ACI) founder Marc Zeller announced this on X,…
DeFi Market Experiences Revenue Drops as On-chain Activity Reduces
The broader DeFi sector is witnessing revenue decline where most of the platforms faced declines of over 50% in March. MakerDAO was the only good performer in March with an 11% revenue surge. The…
DeFi TVL Suffers 30% Market Value Loss from December Peak as Crypto Projects Struggle
DeFi’s TVL has decreased by more than 30% from its ATH of $137 billion noted in December 2024 to the current low of $94.65. That is according to the latest data shared today by crypto analyst Satoshi…
New DeFi platforms emerge as stock markets turn chaotic
The crypto community embraced President Trump and was rewarded with anti-regulatory policies. However, the trade war, fewer rate cuts, and other events rattled the stock market. The silver lining for…