DeFi News

The Defiant's most read stories for the week of May 27.

The Defiant's most read stories for the week of April 29.

Sushi’s head chef said the proposal seeks to safeguard treasury assets from an ongoing ‘governance attack.’

Rune Christensen was called out for adding USDe as collateral for MakerDAO.

Aave is decreasing DAI loan-to-value (LTV) ratio by 12 percentage points after MakerDAO added Ethena's USDe synthetic dollar as collateral.

Bots and Bitcoin-like mining are behind the current issues.

The token pumped 30% ahead of the funding announcement.

Frax will distribute nearly $400,000 to veFXS stakers this week.

Yearn’s Andre Cronje is the latest DeFi OG to sound the alarm.

The move is intended to help the delta-hedged synthetic dollar scale by accessing the Bitcoin futures market.

The Reddit Data DAO will offer tokenized incentives to users contributing data, creating AI models, and providing computation to the project.

Points and restaking farmers are directing their attention toward the little-known L2.

The yield trading protocol processed $530 million of trades on April 2 after launching new Ethena pools.

The token for the cross-chain bridge trades for about $1.50.

Nostra Finance is pausing new borrowing and lending of DAI, while a similar proposal has been floated in Aave’s governance forum.

The token trades for $0.64, and over $10 billion in fully diluted valuation.

Memecoins are driving blockchain adoption and could serve to facilitate public goods funding.

Traders bought and sold more than $261 billion of tokens on decentralized exchanges in March, outperforming 2021’s best month by nearly $25 billion.

Liquid restaking protocols now hold $8.5 billion worth of Ether.

Fees will drop 2 ppts to 13%, while the debt ceiling will rise to $2.5 billion from $1 billion.

Celo’s investment follows Frax and Gnosis passing proposals to deploy $20M and $10M into Anemoy.

The LRT-backed stablecoin protocol has been paused as the team investigates.

The real-world asset protocol is also introducing instant subscriptions and redemption for its OUSG tokenized fund.

The price of DEGEN is up more than 2,000% in 30 days.

The market cap of on-chain U.S. treasuries funds tagged new all-time highs amid BUIDL's success.