Category: DeFi & DApps
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Amboss Launches Rails, A Self-Custodial Bitcoin Yield Service
Amboss launches Rails, a self-custodial Bitcoin yield service for companies and high net worth individuals to earn yield on BTC while strengthening the Lightning Network.
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Sui vote on $162M frozen Cetus funds sparks decentralization debate: Finance Redefined
The Sui community voted to return $162M frozen during the Cetus exploit, sparking debate on blockchain decentralization. Critics see validator control as centralization, while others praise the swift action.
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Snorter Token to Eclipse Banana Gun’s 88% Snipe Wins
Snorter Token ($SNORT) aims to surpass Banana Gun’s 88% sniping win rate with multi-chain support, MEV-resistant swaps, and advanced trading features after raising $260,000 in presale.
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Katana Revolutionizes DeFi from Its Cradle with GSR and Polygon Labs
Katana Foundation launches a DeFi-focused blockchain on private mainnet, aiming to maximize asset productivity with superior yields and liquidity. Backed by GSR and Polygon Labs, it targets both retail and institutional users.
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Anichess Season 4 Now Live, $10,000 Reward Pool Available
Anichess Season 4 launches with a $10,000 reward pool in $C tokens. Players earn M8 points daily to climb rankings, with top 64 qualifying for playoffs on the Web3 chess platform.
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EulerSwap: Uniswap V4-Powered DEX Joins Crypto Lending Race with Cantor, Strike
EulerSwap, a new Uniswap V4-powered DEX, enters the crypto lending market, offering diverse asset-backed loans and trading. It competes with Cantor and Stripe amid a 157% surge in lending volume.
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Chainlink oracle ‘malfunction’ sparks $500k in DeFi liquidations, reignites reliability debate
A Chainlink oracle malfunction caused $500k in DeFi liquidations after misreporting deUSD’s price, sparking debate on oracle reliability and protocol risk management practices.
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Liquidium debuts cross-chain lending to unlock over $4 billion in idle Bitcoin in DeFi
Liquidium introduces cross-chain lending for Bitcoin, Ethereum, and Solana, enabling users to borrow assets across chains without bridges. The platform aims to unlock $4.3B in idle Bitcoin in DeFi.
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Hyperliquid Dominates DEX Market Despite $100M Loss
Hyperliquid DEX dominates the market despite a $100M loss, showcasing resilience with $1.46B TVL and 75% HYPE gains. Coinbase will list HYPE-PERP futures on June 5.
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PancakeSwap Records $138 Billion in Monthly Volume, Surpasses Uniswap – “The Defiant”
PancakeSwap surpasses Uniswap with $138 billion in monthly volume, driven by upgrades and increased activity, including a $3M EOS purchase by World Liberty Financial.