Category: DeFi Digest
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Trump’s WLFI Airdrop Sends $47 to Thousands
Trump-backed WLFI airdropped $47 to thousands of presale participants, totaling $1.6M. USD1 stablecoin hit $2.18B market cap amid growing exchange listings and $2B Binance investment.
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Pump.fun considering token launch with $4B fully diluted value, $1B sale
Pump.fun plans a $1B token sale with a $4B valuation, targeting public and private buyers. The Solana-based memecoin launchpad has generated $732M in fees since January 2024 and expanded features like PumpSwap and creator rewards.
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Tokenized Bitcoin Surpasses 172K BTC as Utility Expands Across Chains: Coin Metrics – Crypto News Bitcoin News
Tokenized Bitcoin exceeds 172K BTC as WBTC and cbBTC drive adoption across Ethereum, Base, and Solana, with over $7 billion in active utility, per Coin Metrics.
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Solana Treasury Firm Releases Liquid Staking Token to Grow Validator Business – “The Defiant”
DeFi Development Corp. launches dfdvSOL, a liquid staking token, to boost its Solana validator business. The Nasdaq-listed firm also partners with Bonk for validator operations and integrates with Kamino.
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Is Airdrop Farming Back? – “The Defiant”
Airdrop farming was popular in early 2024 but declined due to sybil farming and whale dominance, leading to disappointing rewards and fewer participants.
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How HYPE Surged on Hyperliquid’s Growing Perpetual Futures Stardom – Decrypt
Hyperliquid’s HYPE token surged 80% in May as its perpetual futures platform dominated on-chain volume, processing $17 billion. The decentralized exchange is challenging centralized rivals like Binance.
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Symbiotic Launches ‘Relay’ for Trustless Multichain Staking
Symbiotic introduces ‘Relay’ for trustless multichain staking, enabling developers to use staked assets across blockchains for consensus verification without sacrificing decentralization.
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Glitch Financial – The World’s Biggest Open Hedge Fund – Brave New Coin
Glitch Financial, a Taoshi subsidiary, offers AI-powered trading strategies for everyday investors via a non-custodial SaaS platform, democratizing access to institutional-grade tools.
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CZ Calls for Dark Pool Perp DEX to Shield Traders from Front-Running in DeFi
CZ proposes a dark pool DEX to protect traders from front-running and MEV attacks, using ZK tech to hide orders. Projects like Tristero and SKALE are developing similar solutions, though some criticize the idea as against crypto’s transparency ethos.
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CZ’s Dark Pool Fix for MEV: How Secret DeFi Trades Could Save Whales $100M+ News ETHNews
CZ proposes DeFi dark pools to protect large trades from MEV bots and front-running, inspired by traditional finance. The solution aims to prevent losses like the $100M Hyperliquid liquidation by hiding orders.
