Category: DeFi & DApps
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Gnosis Launches Circles 2.0: A Trust-Based Digital Currency Where Users Issue Their Own Tokens Over Time
Gnosis launches Circles 2.0, a trust-based digital currency allowing users to issue personalized tokens. The system promotes equitable wealth distribution and local economies via the Metri app.
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Yield-bearing stablecoins surge to $11B, now 4.5% of market: Report
Yield-bearing stablecoins have grown to $11B, 4.5% of the stablecoin market, up from $1.5B in early 2024. Pendle leads with $3B TVL, as regulatory clarity and demand for yield drive adoption.
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Solana Chain Extension Sonic SVM Introduces New Token Burn Program – News Bytes Bitcoin News
Sonic SVM, a Solana chain extension, launches a SONIC token burn program replacing the old model with a buy-and-lock system using 50% of transaction fees to purchase and burn tokens.
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SUN Retains Second Spot in Tron’s TVL Rankings, Close Behind JustLend
SUN remains second in Tron’s TVL rankings, trailing JustLend with $985M locked. Growth stems from liquidity pools, incentives, and newer SunSwap versions. CryptoQuant highlights stable returns and lower risks as key drivers.
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Validation Cloud deploys Web3 AI engine on Hedera
Validation Cloud launches Mavrik-1 AI engine on Hedera to simplify DeFi data access through natural language queries, eliminating technical barriers for users.
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Magic Eden Partners With Spark To Bring Fast, Cheap Bitcoin Settlements
Magic Eden partners with Spark to enhance Bitcoin trading by reducing transaction times and fees, enabling efficient BTC-native asset trading and stablecoin swaps via Bitcoin’s base layer.
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CreataChain Signs Strategic Partnership with Kylix Finance, a Polkadot-Based DeFi Innovator
CreataChain partners with Kylix Finance to enhance cross-chain DeFi solutions, focusing on technical integration, joint marketing, and collaborative product development in the Polkadot ecosystem.
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BlackRock’s BUIDL To Power BounceBit’s New RWA Yield Strategy Platform – The Daily Hodl
BounceBit partners with BlackRock’s BUIDL fund to launch an RWA yield strategy platform, combining traditional finance yields with crypto derivatives trading for higher investor returns.
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Blackrock’s BUIDL Hits New Highs on CeDeFi and Euler Activations
Blackrock’s BUIDL fund reaches new highs driven by CeDeFi adoption and Euler integration, showcasing growth in real-world asset tokenization.
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Unichain Nears $12B in Trading Volume as Users Flock to Uniswap’s Layer 2
Unichain, Uniswap’s Layer 2 network, nears $12B in trading volume amid rapid adoption. It offers faster transactions, lower fees, and ranks as the fourth-largest L2 by TVL, attracting users from Ethereum.