DeFi & DApps – Page 156 – Block Beat Daily

Solana exceeds Ethereum in DEX volume with disinterested traders

Solana surpassed Ethereum in DEX volume, but SOL traders showed no interest in the development.

Paxos proposes USDH stablecoin to anchor Hyperliquid ecosystem and fund buybacks according to their announcement.

Paxos proposes a stablecoin for Hyperliquid with a HYPE buyback mechanism as detailed in the source.

SharpLink considers using Linea for Ethereum staking to generate treasury yield, focusing on staking strategies and potential benefits.

StablecoinX raises $890 million to build a massive treasury for Ethena tokens, focusing on expansion and token acquisition.

Active tokenized private credit loans approach $16 billion as the annual percentage rate slips below 10 percent.

Hyperliquid DEX introduces USDH stablecoin as part of a major upgrade to its decentralized exchange platform.

The article discusses a decentralized mechanism designed for resolving disputes without centralized authority or intermediaries.

Whales injected $1 billion into Solana DeFi as transactions surged 500%, driven by increased network activity and investor confidence.

Hyperliquid seeks proposals to launch USDH stablecoin amid accusations of foul play from some critics.