A new proposal to hardcode the price of Ethena’s USDe to match Tether’s stablecoin USDT in Aave’s pricing feed has seen huge pushback from community members. The proposal, jointly authored by Chaos…
Evaluating a decentralized finance (DeFi) protocol requires analyzing its mechanics and token distribution. As per the report shared by IntoTheBlock, organizations are interested in how the protocol…
Solv Protocol, a prominent Bitcoin staking platform, is facing allegations of inflating its total value locked (TVL) figures. Industry experts have raised these accusations, which question the…
After an unprecedented rise in decentralized exchange (dex) and perpetuals volumes last month, these decentralized finance (defi) platforms have witnessed $52.81 billion in trading volume across the…
Leading DeFi protocol Aave plans to enable a Fee Switch for its users, distributing part of its revenue to its token holders. The lending platform founder, Stani Kulechov, disclosed this in a post on…
In a significant move, Quantum AI has announced a new partnership with Rabbit, a leading provider of decentralized services in the DeFi space. The news about this collaboration was shared via Quantum…
In December, decentralized exchanges (DEXs) saw a significant increase in futures trading volume, reaching a record 10.17% of the volume seen on centralized exchanges (CEXs). The rise comes given the…
Shibarium’s rapid growth in decentralized finance (DeFi) has sparked questions on its potential benefits for Yearn Finance (YFI). As Shiba Inu’s Layer-2 solution, Shibarium boosts $SHIB utility while…
End of the year data reveals a thrilling climb in the total value locked in decentralized finance (defi), which ballooned by 133.8% over the past year. December capped off this exciting trend with a…
Is Ethena’s “synthetic dollar” bringing a new systemic risk to decentralized finance (DeFi)? While keen to avoid being labeled as a stablecoin, USDe is increasingly being utilized as such across some…