DeFi

DeFi
DeFi Contagion Spreads Beyond Aave as LayerZero, Lido, Ethena Suffer Sharp Declines: Santiment
AAVE, ZRO, LDO, and ENA tokens plunged 10–22% as market repriced risk across DeFi protocols exposed to a bad debt event, with LayerZero priced as equally culpable as the originating lender.

DeFi
Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt
Attacker minted unbacked rsETH through Kelp's LayerZero bridge, then borrowed WETH on Aave V3 and V4 before markets could freeze.

DeFi
Wrapped XRP Now Available Across Major Solana Apps: Solana
Solana announced wXRP is live on Titan Exchange, Real, Phantom, Jupiter, and Meteora, expanding cross-chain asset availability on the blockchain.

DeFi
Figure Clashes With Short Seller Over Blockchain Lending Claims
Morpheus Research's report alleges that the $7.7B fintech is exaggerating its use of blockchain technology, while Figure and asset manager Van Eck dispute the findings.

DeFi
LDO Bucks DeFi Downturn With 30% Monthly Rally After DAO Passes Buyback Scheme
Lido's token is the only top DeFi token in the green over the past 30 days, fueled by a $20 million treasury repurchase program.

DeFi
Sky Announces First Native Deployment of USDS, sUSDS on Avalanche
Sky's native stablcoins are being deployed on Avalanche via Skylink, Sky's crosschain bridge protocol built on LayerZero infra.

DeFi
Tether Commits $127.5M to Drift Protocol Recovery Plan Following $270M+ Exploit
Tether is leading a $150M recovery initiative for Drift Protocol; the plan will also shift the perp DEX's primary settlement asset to USDT on Solana.

DeFi
Justin Sun Blasts WLFI Token Unlock Proposal as 'World Tyranny'
TRON founder escalates feud with Trump-linked DeFi project, alleging coercion and frozen voting rights.

DeFi
Aave Labs Launches Checkpoint, AI-Powered Governance Security System: Aave Labs
Aave Checkpoint combines automated AI analysis with mandatory human verification to review all DAO proposals before onchain execution.

DeFi
Fireblocks Launches Stablecoin Yield Product via Aave, Morpho
The platform's new Earn feature lets its thousands of institutional clients deposit their stablecoin to DeFi's top lending protocols directly on Fireblocks.





