Category: DeFi & DApps
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Lido GG Vault launches for DeFi yields with 3.8% APY on Ethereum and Solana staking.
Lido launched GG Vault for DeFi yields, offering stETH and wstETH support with 3.8% APY, simplifying access for Ethereum and Solana users.
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Ondo Finance launches tokenized US stocks on Ethereum with Tesla and Apple in 2023
Ondo Finance launched tokenized US stocks on Ethereum, including Tesla TSLA and Apple AAPL, with $10 million in initial trading volume.
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Yield products like JEPI underperform in 2023 with 15% average return decline amid Fed rate hikes
In 2023, yield products like JEPI and QYLD underperformed, with average returns dropping 15% amid rising interest rates and inflation pressures.
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Trust Wallet and Ondo launch tokenized stocks and ETFs for 50+ traditional assets in 2024
Trust Wallet partners with Ondo to offer tokenized stocks and ETFs, including Tesla and SPY, providing access to over 50 traditional assets via blockchain.
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Tapzi skill-based options platform attracts 500,000 traders with Bitcoin and Ethereum integration in 2023
Tapzi offers skill-based options for players and investors, featuring Bitcoin and Ethereum, with over 1 million users and 500,000 active traders.
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Venus Protocol recovers $27 million from exploiter via force-liquidation, restores services.
Venus Protocol recovered $27 million from an exploiter via force-liquidation, restoring services for users and assets like BNB and XVS tokens.
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Arbitrum launches $40 million DeFi incentive program Season One for Uniswap and GMX protocols
Arbitrum launches Season One with $40 million in incentives for DeFi protocols like Uniswap and GMX to boost liquidity and user engagement.
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Trust Wallet adds RWA support on Ethereum and Solana for asset tokenization
Binance’s Trust Wallet added RWA support on Ethereum and Solana, enabling tokenization of assets like real estate and commodities for its 60 million users.
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Pump.fun fee model distributes $2 million to creators in 24 hours
Pump.fun distributed $2 million to creators within 24 hours after implementing its new fee model, benefiting projects like BONK and WIF.
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DeFi lending rises 72% in Q2 2024 on institutional RWA collateral adoption
DeFi lending surged 72% in Q2 2024, driven by institutional inflows and RWA collateral adoption, with Aave and Compound leading the expansion.
