Category: DeFi Digest
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UGO Token Launches on PancakeSwap With Hybrid Model ETHNews
UGO Token launches on PancakeSwap with a hybrid model focusing on fairness, sustainability, and utility. It features locked VC/team tokens, decentralized pricing, and no whitelist restrictions.
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Synthetix scuttles $27M Derive deal after community concerns
Synthetix cancels $27M Derive acquisition due to community concerns over exchange rate and platform benefits, despite Derive’s higher revenue claims.
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Synthetix scuttles $27M Derive deal after community concerns
Synthetix canceled its $27M acquisition of Derive due to community concerns over token exchange rates and deal benefits, opting to explore other decentralized derivatives opportunities instead.
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RabbitX – Global, Permissionless, Perpetual Futures – Brave New Coin
RabbitX founder Ming Wu discusses the platform’s permissionless perpetual futures exchange, offering zero fees, 50x leverage, and 100+ markets, while sharing insights on DeFi and crypto trading.
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AAVE gathers steam as DeFi activity explodes – Next target $265?
AAVE’s price surges 11% amid DeFi growth, with TVL hitting $25B and $10B in active loans. Bullish metrics suggest potential breakout past $265 resistance if momentum continues.
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Crypto Trading Is Going AI – Best Wallet Just Locked In $12.5M to Support the Shift
Best Wallet secures $12.5M funding to support AI-driven crypto trading with high-frequency infrastructure, cross-chain flexibility, and tools like a projects filter and crypto debit card.
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Solana’s $9.17 billion DeFi surge hides a stablecoin stockpile ready to ignite
Solana’s DeFi TVL hits $9.17B with $11.4B stablecoins, showing strong liquidity. USDC dominates stablecoins, while Raydium leads protocol growth with a 60.71% TVL surge.
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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 surged to $11B, now 4.5% of the stablecoin market. Pendle leads with 30% of the market share, driven by demand for fixed and variable yields.
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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.
