DeFi and DApps
Protocol launches, governance changes and decentralised application updates. Each article is summarised by AI into a clear, factual overview of 50 words or fewer.

Arbitrum Adopts USDG as Default DeFi Dollar in Global Dollar Network
Arbitrum has integrated USDG as its default decentralised finance dollar, joining the Global Dollar Network to enhance its financial ecosystem.
Tokenized Stocks Increased by 395% While DeFi Usage Remained Below 3%
A report highlights a significant growth in tokenized stocks, which rose by 395% over the past year, contrasting with decentralised finance (DeFi) usage that has remained under 3%.

Superform Launches Earn Strategies for Tokenised Stocks on Base with Aave
Superform has activated earn strategies for tokenised stocks on the Base platform, utilising Aave's technology to enhance user engagement and investment opportunities.
UK Selects Six Banks for First Digital Gilt Pilot Programme
The UK government has appointed six banks to lead its inaugural digital gilt pilot, aiming to explore the issuance of government bonds using blockchain technology.
Circle and SC Ventures Invest in OKX Valued at $25 Billion
Circle and SC Ventures have backed cryptocurrency exchange OKX, which is now valued at $25 billion. This investment highlights the growing interest in the digital asset sector.
Arbitrum Integrates Paxos' USDG as Its Official Ecosystem Dollar
Arbitrum has announced the adoption of Paxos' USDG as its ecosystem dollar, enhancing its DeFi offerings and providing a stable currency for users within its platform.
Aave and Pendle develop strategy to retain yield capital in DeFi
Aave and Pendle have proposed a method aimed at preventing yield capital from exiting decentralised finance (DeFi) platforms, potentially enhancing liquidity and stability within the ecosystem.
Circle to Integrate Aave for Bitcoin-Backed Borrowing in Mint
Circle has announced plans to incorporate Aave into its Bitcoin-backed borrowing service, Mint, enhancing its offerings in the cryptocurrency lending space.
Circle Integrates Aave for Bitcoin-Backed Borrowing in Mint
Circle has added Aave to its Bitcoin-backed borrowing service in Mint, expanding its DeFi offerings. This integration aims to enhance user access to liquidity and borrowing options within the platform.
Cardano Introduces Token Controls Favoured by Wall Street
Cardano has implemented new token controls that may appeal to traditional finance while potentially causing concern within the decentralised finance community.
DOJ Advances Roman Storm Case Following FinCEN's Withdrawal of Mixer Proposal
The Department of Justice is moving forward with the Roman Storm case as the Financial Crimes Enforcement Network has decided to drop its proposal regarding cryptocurrency mixers.
Aave increases GHO borrow rate amid declining redemption reserves
Aave has raised the borrow rate for its GHO stablecoin as redemption reserves are depleting. This decision aims to manage liquidity and ensure stability within the platform.
CFTC Staff Approves Fast Track for Stock-Index Perpetual Conversions
The CFTC staff has cleared a fast track process for stock-index perpetual conversions, streamlining regulatory approval for these financial instruments.
Aave Increases Core GHO Borrow Rate to 4.5% Due to Low Redemption Reserves
Aave has raised its core GHO borrow rate to 4.5% as a response to dwindling redemption reserves.
ZachXBT Claims He Invested $349,700 to Expose Alleged Money Laundering Operation
ZachXBT has stated that he provided $349,700 to infiltrate a suspected money laundering ring, aiming to uncover illicit activities within the cryptocurrency space.
Aave appoints LlamaRisk agents to manage Pendle collateral on Plasma
Aave has decided to place LlamaRisk agents in charge of managing Pendle collateral on its Plasma platform, aiming to enhance security and efficiency in asset management.
Aave Activates LlamaRisk Agents for Pendle Collateral on Plasma
Aave has activated LlamaRisk agents to manage Pendle collateral on its Plasma platform, enhancing risk management for users. This move aims to improve security and efficiency in the DeFi ecosystem.
Base Vault Loses Approximately $6 Million in Aave Deposit Tokens
The Base Vault has been drained of around $6 million worth of Aave deposit tokens, raising concerns about security in the DeFi space.
Aave increases GHO borrow rates to support stablecoin liquidity
Aave has raised the borrowing rates for its GHO stablecoin to address liquidity issues in its pools. This move aims to stabilise the depleted stablecoin reserves.
Compound Votes on Governance Power for Treasury Operations Cancellation
Compound has conducted a vote regarding the governance power to cancel treasury operations, reflecting ongoing discussions about decentralised finance management.
Anchorage Digital Reduces Workforce by 17%
Anchorage Digital has laid off 17% of its staff, according to reports from The Information. This decision reflects ongoing challenges within the cryptocurrency sector.
ZachXBT Infiltrates Chinese Syndicate to Trace Bybit Hack Funds
ZachXBT posed as a client to infiltrate a Chinese syndicate involved in laundering funds from the Bybit hack.
OKX-ICE to Introduce Tokenised Stock Trading via Uniswap v4 Hook
OKX-ICE has announced plans to enable tokenised stock trading using a Uniswap v4 hook, aiming to integrate traditional finance with decentralised finance.
Stockhunt Launches CoinIQ, an AI-Driven Self-Custody DEX at TOKEN2049 Singapore
Stockhunt has introduced CoinIQ, an AI-powered self-custody decentralised exchange (DEX), during the TOKEN2049 event in Singapore.
Tokenized stocks reach $3.96 billion in weekend DEX trading volume
Tokenized stocks experienced a significant surge in trading volume, reaching $3.96 billion over the weekend, marking a 106-fold increase since November.
NYSE owner and OKX to launch 24/7 tokenised stock trading via Uniswap
The owner of the NYSE and cryptocurrency exchange OKX are collaborating to introduce round-the-clock trading of tokenised stocks using the Uniswap platform.
Safe Investor Greenfield Files Complaint on Foundation Governance in Switzerland
Greenfield has lodged a regulatory complaint in Switzerland concerning the governance of the Safe Foundation, raising concerns about its operational practices and transparency.
S&P Global Assigns Letter Grades to DeFi Lending Vaults
S&P Global has introduced a grading system for decentralised finance (DeFi) lending vaults, evaluating their risk and performance. This move aims to provide investors with clearer insights into the DeFi lending landscape.
S&P Global Ratings Introduces Risk Assessments for DeFi Lending Vaults
S&P Global Ratings has launched a new service to assess risks associated with decentralised finance (DeFi) lending vaults, aiming to provide investors with clearer insights into potential financial exposures.
Hyperion DeFi Completes Share Buyback and Retires Legacy Debt
Hyperion DeFi has successfully executed a share buyback programme and retired its legacy debt, strengthening its financial position.
Tokenized stocks on Solana reach $12.4 billion in DEX volume
Tokenized stocks on the Solana blockchain have achieved a trading volume of $12.4 billion on decentralised exchanges this year.
Featherlend Integrates Brazil's Selic Rate On-Chain with BRZ Morpho Markets
Featherlend has launched BRZ Morpho Markets, enabling the integration of Brazil's Selic rate on-chain. This development aims to enhance financial accessibility and transparency in the Brazilian market.
Lido's Staking Proposal Requires 13 Times Default Entry Bond
Lido's new staking route necessitates an entry bond that is over 13 times greater than the standard requirement, raising concerns among stakeholders about the feasibility and implications for users.
Bitget addresses DeFi protocols following $387.5 million hack incident
Bitget has highlighted the vulnerabilities in DeFi protocols after a significant hack resulted in a loss of $387.5 million. The exchange credited NEAR Intents for their role in the recovery efforts.
Stellar Achieves New DeFi Milestone Exceeding $273 Million
Stellar has reached a significant milestone in decentralised finance, surpassing $273 million in total value locked. This achievement highlights the growing adoption and utilisation of Stellar's blockchain technology in the DeFi sector.
Arbitrum Halts New Stylus Activations Due to Security Concerns
Arbitrum has paused new Stylus activations as a precautionary measure to address security vulnerabilities. The decision aims to protect users and maintain the integrity of the platform.
Uniswap records $17.1 billion in tokenized stock DEX trading volume
Uniswap has emerged as the leader in tokenized stock trading on decentralised exchanges, achieving a trading volume of $17.1 billion.
Hackers exploit Aave tool to steal 114 ETH from crypto platform
Aave's third-party tool was compromised by hackers, resulting in the theft of 114 ETH. The incident highlights vulnerabilities in decentralised finance applications.
Aave Labs suggests Cayman foundation for Aave brand and IP management
Aave Labs has proposed the establishment of a foundation in the Cayman Islands to manage the Aave brand and intellectual property for the decentralised autonomous organisation (DAO).
Aave Labs suggests foundation for DAO oversight of brand and IP
Aave Labs has proposed the establishment of a foundation aimed at placing its brand and intellectual property under the oversight of a decentralised autonomous organisation (DAO). This move seeks to enhance governance and community involvement.
NEAR Intents GM Confirms Full Return of $3.8 Million from Hack
The General Manager of NEAR Intents announced that all $3.8 million stolen in a recent hack has been returned in full.
Morpho surpasses $500 million in deposits on Circle's Arc platform
Morpho has achieved over $500 million in deposits on Circle's Arc platform within a span of just over two weeks.
Cardano's DeFi Sector Contracts Over 50% as RealFi Seeks Revival Through Credit
Cardano's decentralised finance (DeFi) ecosystem has seen a decline of more than 50%. RealFi is now focusing on credit solutions to potentially revitalise the platform's DeFi activities.
Debate on THORChain versus NEAR Highlights Limits of Idealism
A heated discussion surrounding THORChain and NEAR reveals the challenges of idealism in the cryptocurrency space, as differing opinions emerge on their respective merits and drawbacks.
Aave Reports 68% Increase in Trading Volume
Aave has experienced a significant 68% rise in trading volume, prompting analysis of the factors contributing to this surge.
Aave founder confirms V3 remains secure after $305K exploit
The founder of Aave stated that the V3 platform is unaffected by a recent exploit involving a third-party adapter that resulted in a loss of $305,000.
SMBC Nikko and Nethermind Develop Compliance Solutions for Uniswap Pools
SMBC Nikko and Nethermind are collaborating to create compliance hooks aimed at enhancing regulatory adherence for Uniswap liquidity pools.
Kinetiq Discontinues kPoints Amid 23% Drop in KNTQ Value
Kinetiq has announced the termination of its kPoints programme, coinciding with a 23% decline in the value of its KNTQ token.
Aave v3 exploit results in loss of up to $310K from Safe module
An exploit targeting the Safe module of Aave v3 has led to the draining of funds, with losses estimated at up to $310,000.
Shevchenko Issues 48-Hour Ultimatum to NEAR Intents Attacker
Shevchenko has given the NEAR Intents attacker a 48-hour deadline to respond following a security breach.
Coinbase's tokenised stocks on Base see $1.5B in DEX volume, up 313%
In the past 30 days, Coinbase's tokenised stocks on the Base platform generated $1.5 billion in decentralised exchange volume, marking a 313% increase compared to the previous 30-day period.
US Sanctions A7 Network and Proposes Ban on Sub-Agent Payments
The US government has imposed sanctions on the A7 Network and is considering a ban on payments to sub-agents involved in cryptocurrency transactions.
NEAR Protocol surpasses Avalanche in 24-hour DEX trading volume
NEAR Protocol has outperformed Avalanche in decentralised exchange trading volume over a 24-hour period, indicating a shift in market activity between the two blockchain platforms.
Drift Launches DFX Claims with Recovery Pool for 1% of Losses
Drift has initiated DFX claims, establishing a recovery pool that will cover approximately 1% of losses incurred.
World Liberty introduces WLFI staking with $1.25 million USD1 pool
World Liberty has launched WLFI staking and announced plans for a $1.25 million USD1 liquidity pool to enhance its DeFi offerings.
NEAR Intents Suspends Operations Following $3.8 Million Financial Loss
NEAR Intents has announced the suspension of its services after reporting a loss of $3.8 million. The decision comes amid ongoing challenges faced by the company.
Dune report reveals tokenised credit leads RWA collateral in DeFi lending
A recent Dune report indicates that tokenised credit is the dominant form of real-world asset collateral in decentralised finance lending.
Judge Dismisses LIBRA and M3M3 Class Action Lawsuit With Prejudice
A judge has dismissed the class action lawsuit against LIBRA and M3M3 with prejudice, preventing the plaintiffs from refiling the case. The ruling concludes the legal proceedings related to the allegations made in the lawsuit.
CertiK Reports $766.4 Million in September Exploit and Phishing Losses
In September, CertiK recorded losses of $766.4 million due to exploits and phishing attacks in the cryptocurrency sector.
Marinade Claims Council Prevented DAO Takeover Attempt
Marinade has stated that a council blocked its attempt to take over the decentralised autonomous organisation (DAO). The details surrounding the attempted takeover and the council's actions have not been fully disclosed.
Uniswap's StablePair Hook Reveals Three Flaws Affecting LP Returns
An analysis identifies three hidden flaws in Uniswap's StablePair hook that could negatively impact liquidity provider returns.
Lighter CEO highlights fixed income as key DeFi opportunity at Korea Blockchain Week
At Korea Blockchain Week, the CEO of Lighter discussed the potential of fixed income in decentralised finance, identifying it as a significant opportunity for growth in the sector.
Quote.Trade Launches V6 AI-Driven Dark Pool DEX and Alpha Trading League
Quote.Trade has introduced its V6 platform featuring an AI-powered dark pool decentralised exchange and an Alpha Trading League, aimed at enhancing trading strategies and user experience.
Uniswap Labs to Introduce OUSD Rewards for Liquidity Providers
Uniswap Labs is planning to implement a rewards system using OUSD for liquidity providers, aiming to enhance user engagement and liquidity on the platform.
Uniswap Labs to Introduce OUSD Rewards for Liquidity Providers
Uniswap Labs is set to implement a rewards system using OUSD for liquidity providers, aiming to enhance user engagement and incentivise participation in its platform.
Base Ships Cobalt Featuring Conditional Transactions and Seize Function
Base has launched Cobalt, a new feature that includes conditional transactions and a seize function, enhancing its blockchain capabilities.
Arc Packages USDC Funding and Morpho Lending for Applications
Arc has introduced a package that includes USDC funding and Morpho lending solutions aimed at enhancing applications in the decentralised finance sector.
Aave's $50 Million Lending Plan Faces Financial Risks Despite No Defaults
Aave's new lending initiative, valued at $50 million, may incur losses even if no borrowers default, raising concerns about the sustainability of the plan.

Tokenized Stocks Capture 11% of DEX Trading, Impacting Meme Coins
Tokenized stocks have gained an 11% share of decentralised exchange trading, raising questions about the future of meme coins in the cryptocurrency market.
Solana's DeFi Total Value Locked Surpasses $6.5 Billion After Drift Hack
Solana's DeFi total value locked has recovered to over $6.5 billion following the Drift hack, which resulted in a loss of $285 million.
Pendle Introduces Fixed Yield for Robinhood's USDG Stablecoin
Pendle has launched a fixed yield option for Robinhood's USDG stablecoin, targeting the March 2027 market. This development aims to enhance the stability and attractiveness of the USDG stablecoin in the cryptocurrency landscape.
Standard Chartered Begins Coverage of ENA With $2 Price Target
Standard Chartered has initiated coverage of ENA, setting a price target of $2 for the cryptocurrency.
Kalshi to Terminate Volume Incentive Programme
Kalshi has announced plans to end its Volume Incentive Programme, which aimed to encourage trading activity on its platform.
Morgan Stanley establishes lab to explore stablecoins and DeFi technologies
Morgan Stanley has launched a dedicated lab aimed at testing and developing stablecoins and decentralised finance (DeFi) solutions, reflecting the bank's interest in innovative financial technologies.
Kalshi Negotiates $1 Billion Funding at $40 Billion Valuation
Kalshi is reportedly in advanced discussions to raise $1 billion, aiming for a valuation of $40 billion, according to Reuters.
Abracadabra Suggests Liquidating MIM at Four Cents on the Dollar
Abracadabra has proposed to wind down its Magic Internet Money (MIM) stablecoin, suggesting a liquidation value of four cents on the dollar.
Sentora shares 50% of Aave revenue, suppliers bear all losses
Sentora has announced a revenue-sharing model where it distributes 50% of Aave revenue, while suppliers are responsible for absorbing all associated losses.
BTCS Develops DeFi Business for Liquidity in Tokenised Stocks
BTCS is preparing to launch a DeFi business aimed at providing liquidity for tokenised stocks, enhancing trading options in the digital asset space.
Balancer Announces Shutdown Dates Following BAL Holders' Approval
Balancer has set shutdown dates after BAL token holders voted in favour of winding down the protocol.
Balancer Holders Vote to Wind Down Protocol, Reject Fork Proposal
Balancer holders have approved a plan to wind down the protocol while rejecting an official fork proposal. This decision marks a significant shift in the governance of the decentralised finance platform.
Traders Show Increased Discretion as Altseason Approaches
As altseason nears, traders are becoming more selective in their investments, focusing on quality projects rather than following trends blindly.
Balancer considers closure following unsuccessful restructuring efforts
Balancer is contemplating winding down its operations after attempts to restructure the company did not lead to a revival in revenue.
Standard Chartered predicts SKY token value to reach $0.325 by 2028
Standard Chartered has forecasted that the value of the SKY token will increase fivefold to $0.325 by 2028, indicating strong growth potential for investors.
Sui DeFi protocol Full Sail to cease operations following Switchboard incident
Full Sail, a decentralised finance protocol on the Sui network, has announced it will wind down its operations after a significant incident involving Switchboard.
More Markets lending reserve reduced by $410,000, according to Blockaid
Blockaid reports that the More Markets lending reserve has been drained by $410,000, contributing to a total reduction of $93 million.
Term Finance loses approximately $8.5 million in governance exploit
Term Finance has reported a loss of an estimated $8.5 million due to a governance exploit affecting its vault.
Centrifuge launches Symbiotic liquidity network for $1.6B in funds
Centrifuge has introduced a Symbiotic liquidity network that encompasses $1.6 billion in assets from Janus Henderson and NYLIM funds, aiming to enhance liquidity and accessibility in the financial ecosystem.
Harmony to Rollback 109,000 Transactions Following Security Exploit
Harmony has announced plans to rollback 109,000 transactions due to a security exploit. This decision aims to mitigate the impact of the incident on the network and its users.
Neutrl halts NUSD redemptions due to undisclosed reserve concerns
Neutrl has paused redemptions of its NUSD stablecoin, citing issues related to undisclosed reserves. The decision raises questions about the stability and transparency of the platform.
Andre Cronje claims DeFi no longer exists, now just onchain finance
Andre Cronje has stated that decentralised finance (DeFi) is no longer relevant, suggesting a shift towards onchain finance as the new standard.

