Category: DeFi Digest
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DYDX governance approves 75 percent protocol fee allocation for token buybacks
The dYdX governance community approved allocating 75% of protocol fees to token buybacks, enhancing tokenomics by reducing supply and rewarding long-term holders through deflationary mechanisms.
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Ethereum DeFi security now rivals traditional banks according to Buterin
Vitalik Buterin asserts Ethereum’s DeFi security now rivals traditional banks, signaling maturity in decentralized finance infrastructure and potential mainstream financial system competition.
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dYdX Governance Approves Protocol Revenue Buyback Increase to 75 Percent
The dYdX governance vote increases token buybacks to 75% of protocol revenue, enhancing tokenomics and value accrual for DYDX holders through deflationary mechanisms.
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kpk launches agent-powered vaults on Morpho protocol for DeFi yield
kpk introduces automated yield strategies on Morpho protocol, expanding DeFi accessibility through agent-driven vaults that optimize lending and borrowing efficiency for users.
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Aztec Network launches token sale using Uniswap continuous clearing auction
Aztec Network’s token sale using Uniswap’s auction mechanism demonstrates privacy-focused protocols adopting decentralized exchange infrastructure for fairer and more transparent fundraising.
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Circle launches on-chain foreign exchange engine for stablecoin trading expansion
Circle’s new on-chain FX engine enhances stablecoin trading efficiency on Arc Network, advancing decentralized finance infrastructure and cross-border payment capabilities for institutional adoption.
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Attacker burns three million dollars to drain five million from Hyperliquid vault
The attacker deliberately destroyed $3 million in assets to exploit Hyperliquid’s vault security, highlighting systemic vulnerabilities in DeFi protocols and sophisticated economic manipulation tactics.
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Attacker burns $3 million causing $4.9 million Hyperliquid HLP vault loss
The attacker deliberately destroyed $3 million to exploit Hyperliquid’s HLP vault, causing a $4.9 million loss, highlighting vulnerabilities in decentralized finance security mechanisms.
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Hyperliquid Pool loses $4.9 million in POPCAT whale market exploit
The $4.9 million loss demonstrates vulnerabilities in decentralized finance protocols and highlights risks associated with whale trading activities in meme coin markets.
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SUI Network boosted by Astro Perp DEX success and stablecoin launch
The SUI Network gains momentum as Astro Perp DEX processes $100M in volume and launches a stablecoin, enhancing DeFi capabilities and ecosystem growth on the platform.