Category: DeFi Digest
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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.
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Franklin taps blockchain to offer yield on idle payroll funds
Franklin introduces Payroll Treasury Yield, enabling companies to earn DeFi yields on idle payroll funds via blockchain smart contracts and self-custody solutions.
