Category: DeFi Digest
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Fly.trade Is Launching $FLY on Sonic – Brave New Coin
Fly.trade launches $FLY token on Sonic with a ve(3,3)-inspired model, offering trader incentives, staking rewards, and governance. The protocol aggregates liquidity across 19+ chains, optimizing swaps and execution.
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Trump-Backed World Liberty Financial Airdrops Millions of Stablecoins to 85,000 Wallets – Decrypt
World Liberty Financial airdropped $47 worth of USD1 stablecoin to 85,000 WLFI token holders, totaling $4 million. The Trump-backed project may soon make WLFI tradable, advancing its DeFi platform goals.
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Blackrock’s Tokenized Money Market Fund BUIDL Tops $10M in May Dividends – Blockchain Bitcoin News
Blackrock’s tokenized money market fund BUIDL distributed over $10M in May dividends, its highest monthly payout, totaling $43.4M since launch with Securitize.
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Trump’s WLFI Airdrop Sends $47 to Thousands
Trump-backed WLFI airdropped $47 to thousands of presale participants, totaling $1.6M. USD1 stablecoin hit $2.18B market cap amid growing exchange listings and $2B Binance investment.
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Pump.fun considering token launch with $4B fully diluted value, $1B sale
Pump.fun plans a $1B token sale with a $4B valuation, targeting public and private buyers. The Solana-based memecoin launchpad has generated $732M in fees since January 2024 and expanded features like PumpSwap and creator rewards.
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Tokenized Bitcoin Surpasses 172K BTC as Utility Expands Across Chains: Coin Metrics – Crypto News Bitcoin News
Tokenized Bitcoin exceeds 172K BTC as WBTC and cbBTC drive adoption across Ethereum, Base, and Solana, with over $7 billion in active utility, per Coin Metrics.
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Solana Treasury Firm Releases Liquid Staking Token to Grow Validator Business – “The Defiant”
DeFi Development Corp. launches dfdvSOL, a liquid staking token, to boost its Solana validator business. The Nasdaq-listed firm also partners with Bonk for validator operations and integrates with Kamino.
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Is Airdrop Farming Back? – “The Defiant”
Airdrop farming was popular in early 2024 but declined due to sybil farming and whale dominance, leading to disappointing rewards and fewer participants.
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How HYPE Surged on Hyperliquid’s Growing Perpetual Futures Stardom – Decrypt
Hyperliquid’s HYPE token surged 80% in May as its perpetual futures platform dominated on-chain volume, processing $17 billion. The decentralized exchange is challenging centralized rivals like Binance.
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Symbiotic Launches ‘Relay’ for Trustless Multichain Staking
Symbiotic introduces ‘Relay’ for trustless multichain staking, enabling developers to use staked assets across blockchains for consensus verification without sacrificing decentralization.
