DeFi
Decentralized Finance, the ecosystem of financial applications and services built on public blockchains.
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Moody's Rates Sky B3, Flagging Thin Capital Buffer
The stable-outlook rating puts Sky in Moody's speculative-grade category, with roughly $90 million in equity against $10 billion in managed assets.
Firelight Begins Writing DeFi Cover Backed By Staked XRP
The protocol's first cover positions went to two Sentora vaults, with payouts standing behind 50.2 million XRP staked on Flare. Claims are decided by a five-firm consortium on a three-of-five vote, and the coverage contracts' audits are listed as coming soon.
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Moody's Rates Sky B3, Flagging Thin Capital Buffer
The stable-outlook rating puts Sky in Moody's speculative-grade category, with roughly $90 million in equity against $10 billion in managed assets.
Firelight Begins Writing DeFi Cover Backed By Staked XRP
The protocol's first cover positions went to two Sentora vaults, with payouts standing behind 50.2 million XRP staked on Flare. Claims are decided by a five-firm consortium on a three-of-five vote, and the coverage contracts' audits are listed as coming soon.
Tokenized Stocks Grew 395% in a Year While DeFi Use Stayed Under 3%
RedStone's report puts lending collateral at roughly $81 million against $3.17 billion of supply, with leveraged equity exposure onchain sitting almost entirely in perpetual futures
Ether.fi Announces Dollar Stablecoin Powered by Ethena
Ethena will manage reserves, minting, redemptions and compliance for a platform reporting more than $300 million in existing stablecoin balances.
Arbitrum Adopts Paxos' USDG as Its Ecosystem Dollar
The stablecoin goes live on Arbitrum One with Fluid, Morpho, GMX, Maple and Kraken behind it. A proposal published the same day asks ArbitrumDAO to add 100 million ARB to an incentive program that still has about 63.7 million ARB unspent
Circle Adds Aave to Bitcoin-Backed Borrowing in Mint
The new lending option extends the Morpho-based service, while borrowers remain exposed to liquidation under third-party protocol rules.
Tim Draper's Firm Leads Strategic Round In Bitcoin Wallet Xverse
Trust Machines and Draper Dragon joined the round. Terms were not disclosed, and Xverse has not said what it raised or at what valuation.
S&P Global Puts A Letter Grade On DeFi Lending Vaults
The Vault Risk Assessment scores a vault from AAA(v) to D(v), and the curator running it can cap the result. S&P has not assessed a vault yet.
Centrifuge Confirms Three Tokenized Funds Are Live on Arc
JAAA, JTRSY and HYB span US Treasuries and credit, with direct fund access limited to non-US professional investors.
SMBC Nikko and Nethermind Plan Compliance Hooks for Uniswap Pools
An MOU with Uniswap Labs, Base and Nyx Foundation targets a Japan-focused DeFi gateway for completion by mid-2027.