Category: DeFi & DApps
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DeFi Development Corp commits $273M to 110K SOL tokens amid SPS rally
DeFi Development Corp invested $273 million in 110,000 SOL tokens, while SPS surged 48% amid growing institutional interest in blockchain assets.
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DeFi TVL hits $154B as Ethereum and Solana lead key protocols
DeFi TVL hits $154B with a 3% dip; Ethereum and Solana lead, as Aave and Uniswap dominate lending and DEX sectors.
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Bio Protocol V2 processes 1.2M daily transactions on Ethereum
Bio Protocol V2 enables autonomous discovery in high-velocity markets, processing 1.2M transactions daily. Key players include Ethereum, Uniswap, and Synthetix.
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Uniswap Flashblocks on Unichain enable 200ms trade locks
Uniswap deployed Flashblocks on Unichain, reducing trade locks to 200ms. Ethereum and UNI token see increased efficiency with this upgrade.
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XRP Mining App enables smartphone users to mine 0.5 XRP daily
The XRP Mining App enables smartphone users to mine XRP daily, with 500,000 active users generating 0.5 XRP per day on average, leveraging Ripple’s blockchain technology.
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Curve Finance CRV token governs platform with $4B TVL since 2020 launch
Curve Finance’s native token CRV facilitates governance and fee distribution. Over $4B TVL locked. CRV launched in 2020, with 30% allocated to team and investors.
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DeFi Education Fund launches foundation with $1 million for Ethereum and Solana
The DeFi Education Fund launches its foundation, focusing on Ethereum and Solana ecosystems, with $1 million allocated for educational initiatives in 2024.
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Centrifuge reaches $1 billion TVL as RWA sector expands in Q2 2024
Centrifuge achieves $1 billion TVL as RWA sector grows, with MakerDAO and Aave leading integrations. 30+ institutions now use Centrifuge for asset tokenization.
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GMX repays $44M to Arbitrum GLP holders after security breach
GMX, a decentralized exchange on Arbitrum, will repay $44M to GLP holders after an exploit. The platform processes $1.5B daily volume.
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Cross-chain asset transfers hit $10B in 2023 across Ethereum and Solana networks
Cross-chain transfers enable asset movement between networks like Ethereum and Solana, with over $10B locked in bridges as of 2023, per DefiLlama data.
