Latest DeFi News

Raydium Surpasses Uniswap in Trading Volumes for Second Month
Memecoin trading has been a big factor in Raydium's success, with memecoins making up a record 65% of its total…

SushiSwap to Liquidate SUSHI for Stable Treasury
Grey’s plan involves liquidating the treasury’s SUSHI holdings and reallocating them into a diversified mix of assets.

SynFutures Announces F Token Airdrop and New Foundation
SynFutures plans to distribute 10 billion F tokens in total, with 7.5% available during the Season 1 Airdrop on December…

BingX Partners SafePal to Boost Liquidity and Trading
BingX has announced a partnership with SafePal, a non-custodian crypto wallet suite that supports both decentralized finance (DeFi) and centralized…

HyperFND Unveils HYPE Token Genesis, 1B Tokens to be Minted
Hyperliquid achieves unprecedented scalability, processing up to 200,000 transactions per second with a rapid 0.2-second finality.

Line to Launch 30 Mini Dapps in Early 2024, Expanding Blockchain Integration
Line, the Japanese messaging app with over 196 million active users, will introduce 30 mini-decentralized apps (dapps) on its platform…

WalletConnect Launches Season 1 Airdrop: 50M WCT Tokens to claim
Eligible users will see a congratulatory message, while ineligible ones will face disappointment with the message, “Unfortunately, you are not…

DIA Pioneers Modular Oracles with Lasernet Testnet Launch
Developers will be able to deploy oracles independently by 2025, fostering a decentralized data ecosystem.

Justin Sun Joins Trump-Backed DeFi Project as Advisor
World Liberty Financial, launched as part of Trump’s pro-crypto campaign platform, aims to establish itself as a leader in the…

Uniswap Offers $15.5 Million Bug Bounty to Boost Security
Uniswap Labs has just launched the biggest bug bounty in crypto history, offering up to $15.5 million to anyone who…

Ripple, Archax Launch UK’s First Tokenized Fund on XRPL
Ripple and Archax have teamed up to launch the first tokenized money market fund in the UK. The fund is…

BIS Study Finds Centralization in Uniswap V3 Liquidity Pools
The study found that a small group of "sophisticated agents" control 80% of Uniswap V3's total value locked (TVL).

Consensys Introduces Nonprofit Initiative to Govern Linea
The LINEA token, expected to launch in early 2025, will enable token holders to participate in key decisions.

Transak Powers Record 300% Growth in Sui Transaction Volume
Transak’s on-ramp features facilitate easy acquisition of SUI tokens, allowing users to dive into emerging opportunities without delay.

Ethena Labs Accused of Misusing 180 Million ENA Tokens
Nomad claimed Ethena team controls around 25% of the total staked ENA in its ongoing Season 3 farming initiative

Grass Network Goes Live with $GRASS Token Distribution
The Grass network has gone live, and the Grass Foundation has announced that the distribution of the $GRASS token has…

Flare Partners with Google Cloud for Rapid Node Deployment
Flare’s Blockchain Machine Images not only save time but also reduce costs for businesses.

Ankr Integrates with TON Blockchain to Expand Developer Access
Ankr, a leading Web3 infrastructure provider, has announced its integration with The Open Network (TON) blockchain. This partnership aims to…

GRVT & XY Finance to Transform DeFi with Gas-Free Bridging
GRVT CEO Hong Yea highlighted that "DeFi adoption remains low due to its complexity," especially the bridging process.

Uniswap Introduces Cross-Chain Bridging Across nine Networks
Permissionless bridging is intended to improve user experience and efficiency by streamlining this procedure.

exSat Network Launches with $270M in Locked Assets
exSat Network officially launched its mainnet today to improve Bitcoin's scalability and enable more real-world uses. The launch represents a…

Bangkok To Host CoinGecko’s First Hybrid Web3 Gaming Event
The upcoming event will take place on November 11, 2024, at ICONSIAM in Bangkok, Thailand, running from 9:30 AM to…

Radiant Capital Hacked: $51.5 Million Stolen from Arbitrum and BNB Chain
Radiant Capital has been hacked, and scammers stole about $51.5 million from users on BNB chain & Arbitrum instances. Ancilia…

Hyperliquid Announces HYPE Airdrop Ahead of HyperEVM Launch
Specific details about the HYPE token airdrop called the "Genesis Event," will be published later.

Ethena Labs Proposes SOL for a Stronger USDe Foundation
USDe maintains its $1 value by collateralizing various stablecoins and utilizing a hedged cash-and-carry trade strategy.

Uniswap Labs Launches Unichain to start a new era for DeFi
Unichain aims to lower transaction costs by approximately 95% compared to Ethereum’s Layer 1.

Moonveil Launches of Gamer-Centric Layer-2 Chain Testnet
Moonveil, a pioneering web3 game studio, is set to launch its gamer-focused Layer-2 Chain testnet, powered by Polygon CDK. This…

EigenLayer Confirms Security Intact Following $5.87M Theft
On October 4, 2024, EigenLayer reported the theft of 1.67 million $EIGEN tokens, worth approximately $5.87 million. The incident occurred…

Tonkeeper Wallet Will Accept $HMSTR for TON Transaction Fees
The TON ecosystem's non-custodial wallet, Tonkeeper, has announced the addition of support for the HMSTR token, which is associated with…

Audius Launches USDC Payments for Artists, Ending Beta Phase
Users can use any tokens to purchase like $SOL, $BONK, $WIF, $POPCAT, and many more like that.