Category: DeFi & DApps

Botanix Labs launches its Bitcoin Layer 2 mainnet with Chainlink, Fireblocks, and GMX integrations, offering decentralized DeFi solutions and native yield via sBTC.

Limitless.exchange raised $4M in strategic funding, totaling $7M, with Arthur Hayes as advisor. They launched a points program ahead of TGE and introduced a mobile-first trading experience for prediction markets.

Aave Labs founder Stani Kulechov highlights how poor banking experiences drive TradFi to fintech and DeFi, with tokenized real-world assets offering a multi-trillion-dollar opportunity for blockchain adoption.

DEXs processed $385B in spot trades in June, capturing nearly 30% of CEX volume, a record high. Top DEXs like Uniswap saw smaller declines than CEXs as traders shifted to self-custody.

Katana, a DeFi-focused Layer 2 blockchain, launches mainnet with $200M in pre-deposits. It aims to solve liquidity issues, unreliable yields, and capital outflow using tools like VaultBridge and chain-owned liquidity.

Velodrome, Optimism’s top DEX, launched Superswaps for seamless cross-chain token swaps within the Superchain ecosystem, eliminating the need for bridges or wrappers while enhancing liquidity.

Bitcoin Hyper’s presale nears $1.8M, offering 442% APY staking rewards. The Layer-2 solution integrates Solana VM for scalability, aiming to transform Bitcoin into a ‘world computer.’

Over 60 tokenized stocks are now tradable on Kraken, Bybit, and Solana DeFi platforms via Backed Finance’s xStocks, offering 24/7 trading of blue-chip and crypto stocks with blockchain benefits.