Sui Hits New DEX Volume High: Cetus, Bluefin Fuel Growth

Sui’s DEX volume reached $304.3M daily in Q1, driven by Cetus and Bluefin. Despite SUI’s price drop, NFT activity grew. Institutional interest rose, but a $223M exploit on Cetus impacted Q2.
Stacks [STX] down 31% after Alex Protocol exploit – Details
![Stacks [STX] down 31% after Alex Protocol exploit – Details Stacks [STX] down 31% after Alex Protocol exploit – Details](https://i0.fifu.app/feed.blockbeatdaily.com/5de2d1f2af90/stacks-stx-down-31-after-alex-protocol-exploit-details.webp?w=1024&h=1024&c=0&p=112871&u=aHR0cHM6Ly9hbWJjcnlwdG8uY29tL3dwLWNvbnRlbnQvdXBsb2Fkcy8yMDI1LzA2L0FMRVgtUHJvdG9jb2wtd2FzLWV4cGxvaXRlZC0xMDAweDYwMC53ZWJw)
Stacks [STX] price dropped 31% after Alex Protocol’s $8.3M exploit. The team plans full USDC reimbursement to affected users, aiming to restore confidence in the Stacks ecosystem.
DappRadar: DeFi and NFT Upticks in May Could Mark Start of Recovery

DappRadar reports a potential recovery in DeFi and NFT sectors in May 2025, with increased user activity, trading volumes, and TVL growth amid broader crypto market gains.
Why Coinbase Brought Dogecoin and XRP to Ethereum Network Base – Decrypt

Coinbase launched wrapped tokens cbDOGE and cbXRP on its Base network to enhance DeFi compatibility, allowing users to leverage XRP and Dogecoin as collateral in decentralized finance applications.
Bitcoin DeFi platform Alex Protocol loses $8.3M to exploit

Bitcoin DeFi platform Alex Protocol lost $8.3M due to an exploit in its self-listing verification logic, affecting multiple asset pools. The team plans full reimbursement using treasury reserves.
Hyperliquid Perps Volume Hits Record $248B in May Amid James Wynn Frenzy

Hyperliquid achieved a record $248B in May perpetual futures volume, a 51.5% monthly increase, driven by trader interest and James Wynn’s high-leverage bets. Its market share reached 10.54% of Binance’s volume.
How DeFi Is Powering the Future of DAOs – The Daily Hodl

The article explores how DeFi enhances DAOs by automating financial management, improving transparency, and incentivizing member participation through governance tokens and innovative tokenomics.
Euler Unveils Stablecoin Lending Infrastructure – “The Defiant”

Euler Finance introduces Frontier, a stablecoin lending infrastructure with adaptive rates and high LTV ratios, integrating with Euler Swap to reduce DEX liquidity costs for stablecoin protocols.
Top-10 Fiat-backed Stablecoin FDUSD Expands to Arbitrum – “The Defiant”

FDUSD, a top-10 fiat-backed stablecoin, expands to Arbitrum, marking its fifth blockchain deployment. The move aims to enhance DeFi liquidity and interoperability, backed by U.S. Treasuries and fiat reserves.
Top 9 DEXs to watch out for in June 2025

The article highlights nine leading decentralized exchanges (DEXs) for June 2025, emphasizing their benefits like user control, privacy, and global access. Featured DEXs include Orca, PancakeSwap V3, SushiSwap, and Raydium.