Latest DeFi News
Hamster Kombat Proposes Partnership with TYCHO Blockchain
Hamster Kombat, a Play-to-Earn (P2E) video game, has recently initiated a proposal through its Decentralized Autonomous Organization (DAO) to establish…
Solana Dev Unveil Quantum-Resistant Vault to Protect User Funds
This system uses a decades-old cryptographic protocol called Winternitz One-Time Signatures.
Solayer Unveils LAYER Token for Governance, Ecosystem Growth
Popular AVSs on Solayer include BONK, AltLayer, and HashKey.
Pi Network Transfers 1B Coins to Build Liquidity Pool
In a major step forward, the Pi network ecosystem has taken a major leap by transferring 1 billion coins to…
IRS Targets DeFi with New tax rules taking effect from 2027
The U.S. Internal Revenue Service (IRS) is setting its sights on decentralized finance (DeFi) with a groundbreaking tax rule that…
Jupiter Announces Jupuary 700M JUP Token Airdrop Event
The highest-performing traders could earn up to 100,000 JUP per wallet.
PancakeSwap Sees 179% Growth in 2024 with $310B Volume
PancakeSwap has also seen a boost in its Total Value Locked (TVL), reaching $2.17 billion, and over 14.38 million unique…
Uniswap to Launch Layer 2 Network ‘Unichain’ in Early 2025
From January 6, 2025, the Sepolia testnet of Unichain will undergo maintenance to activate this feature before the mainnet launch.
Chainlink Plans to Bring On-Chain Banking Innovation with CRE
Chainlink revealed its new Chainlink Runtime Environment upgrade at this year's SmartCon 2024 in October. According to the platform, it's…
Trump Backed WLFI Teams Up with Ethena Labs
In an update on X, World Liberty Financial (WLFI) shared news about a long-term partnership with Ethena Labs. The integration…
Lido Ends Polygon Operations, Refocuses on Ethereum
Lido Finance, the largest liquid staking protocol in decentralized finance (DeFi), is winding down its operations on the Polygon network…
Hedera Integrates Chainlink Data Feeds and Proof of Reserve
Hedera has made Chainlink Data Feeds and Chainlink Proof of Reserve available on its network. This is good news for…
Aave Contributor Proposes Exit from Polygon over ‘Risky’ Bridge
Marc Zeller authored the proposal to adjust risk parameters for Aave’s Version 2 and Version 3 protocols on the Polygon…
Polygon Community Plans $1B Initiative To Boost DeFi Ecosystem
By doing so, the proposal aims to generate an estimated $91 million in annual yield.
Sonic to Reward Solayer Delegators with Token Airdrop
A snapshot will be taken of all eligible delegations before the TGE, ensuring that those who have supported Sonic’s AVS…
Hamster Kombat Launches DAO for HMSTR Token Holders
HMSTR token holders can now vote on DAO, giving them authority and control over the project.
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.