Hermetica, a Bitcoin-backed stablecoin platform, is bringing its synthetic dollar, USDh, onto the Stacks (STX) Bitcoin Layer 2 (L2) network, as disclosed to Finbold on Wednesday, September 25. With…
Folks Finance, a fast-growing DeFi hub, has introduced its next evolution with the launch of the xChain protocol. The platform, already a leader in decentralized finance on Algorand, is expanding its…
The TON network has recorded a remarkable surge in activity driven by a rising number of addresses and transactions on decentralized exchanges (DEXs), per CryptoQuant’s analysis. This points to…
Sky, the decentralized finance lender previously known as MakerDAO, might be ready to pause its plan to offboard wrapped bitcoin (WBTC) as collateral, following a fresh recommendation from an…
Aave (AAVE) drew in more than $20B in net deposits again, following the overall market recovery. The protocol continues to expand as the supply of GHO is now above 150M tokens. Aave (AAVE) is one of…
Cega's vault token market (VTM) eliminates the protocol's 27-day lock-up period, allowing users to withdraw their USDC deposits when required. The new feature is available to market makers and yield…
Sui Network’s rise in TVL to over $1 billion denotes increasing user trust in its maturing ecosystem. The turnover of AVAX by SUI in TVL images growing contest among DeFi blockchain platforms. Sui…
LlamaRisk, Aave’s risk service provider, has proposed reducing the loan-to-value (LTV) ratio of BitGo’s Wrapped Bitcoin (WBTC) to zero on the DeFi lending platform. However, the Aave community,…
AAVE breakout from a two-year consolidation suggests a strong DeFi resurgence. Aave Labs’ partnership with BlackRock aims to enhance the GHO stablecoin’s efficiency. AAVE, a key player in the DeFi…
The total value locked in decentralized finance protocols has reached its one-month high as the broader crypto market recovers. According to data provided by DefiLlama, the global DeFi TVL is…