Category: DeFi Digest
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Doppler Finance processes $50M monthly on Ethereum and Polygon with DAI and USDC
Doppler Finance integrates DeFi solutions with Ethereum and Polygon, processing over $50M monthly. It supports DAI and USDC, focusing on cross-chain interoperability and liquidity.
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Uniswap appoints new CEO as UNI surges 70% amid DeFi growth
Uniswap appointed a new CEO as UNI surged 70% to $12.50, reflecting DeFi optimism. Ethereum and Polygon also gained 15% and 20% respectively.
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Coinbase cbLTC brings Litecoin to Ethereum DeFi with $40B TVL access
Coinbase launched cbLTC, enabling Litecoin (LTC) to access Ethereum (ETH) DeFi. The wrapped token expands LTC utility, with Ethereum hosting over $40B in DeFi TVL.
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Tezos stXTZ enables liquid staking on Etherlink in Q2 2024
Tezos introduces stXTZ for liquid staking on Etherlink, enabling yield without locking XTZ. Ethereum and Tezos see 15% staking growth in 2024.
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Coinbase injects $500M USDC into Aave and Compound for DeFi liquidity in 2024
Coinbase relaunched its USDC fund, injecting $500M into DeFi protocols like Aave and Compound to enhance liquidity and stability in 2024.
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Coinbase allocates $500M stablecoin fund for DeFi growth with Aave and Uniswap by 2025
Coinbase launched a $500M stablecoin fund to boost DeFi growth, partnering with Aave and Uniswap, aiming to expand onchain liquidity by 2025.
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Coinbase allocates $1M USDC fund to DeFi on Ethereum and Polygon
Coinbase relaunched its USDC fund with $1M to enhance DeFi liquidity, partnering with Aave and Compound, targeting Ethereum and Polygon networks.
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Circle Arc blockchain supports 100B monthly USDC transactions on Ethereum and Solana
Circle launched Arc, a blockchain for stablecoins like USDC, processing 100B transactions monthly, enhancing efficiency for Ethereum and Solana users.
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Bifrost secures 81% of Polkadot liquid staking in Q2 2023
Bifrost dominates Polkadot’s liquid staking with 81% market share, boosting DeFi growth. DOT and BNC tokens see increased adoption amid rising TVL.
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Coinbase drives DeFi funding with USDC as active loans reach $40.7B
Coinbase enables DeFi funding through USDC as active loans hit $40.7B, involving Ethereum and Aave, marking significant growth in decentralized finance.