DeFi

DeFi
Pendle's TVL Drops 45% as Key Markets Mature
Several liquid restaking markets, including Ether.Fi’s eETH and Renzo’s ezETH, matured on June 27, causing depositors to withdraw funds.

DeFi
Symbiotic TVL Triples To $1B Within 24 Hours Of Raising Deposit Limits
Symbiotic has emerged as the second-largest restaking protocol within one month of launching.

DeFi
Memecoin Infrastructure is Taking Over DeFi
Pump.Fun and Telegram bots accounted for nearly $50 million of revenue in June.

DeFi
Introducing $RAYS: How to Optimize Your DeFi Rewards with Summer.fi's New Points System
Chris Bradbury is the CEO of Summer.fi (previously oasis.app) which is a prominent DeFi protocol that enables users to borrow, lend, and multiply assets across multiple DeFi protocols. Summer.fi's $RAYS is a new points system designed to reward users for engaging with DeFi protocols, offering incentives based on activity and long term participation.

DeFi
Data Contradicts Narrative: Ethereum Continues to Dominate Layer 1 Sector
Ethereum leads in terms of smart contracts, Layer 1 revenue and DeFi TVL.

DeFi
Aave Launches GHO Stablecoin On Arbitrum
The move marks the first deployment of GHO's cross-chain expansion.

DeFi
Mantle Launches Incentives Campaign for its Liquid Staking Protocol
The ‘Metamorphosis’ campaign rewards stakers with Powder, which will be convertible to COOK, Mantle LSP’s future governance token.

DeFi
Circle Becomes Europe’s First Compliant Stablecoin Issuer
USDC and EURC are now compliant with Europe’s MiCA regulations.

DeFi
ETHChile Highlights Triple-digit Growth In South American Crypto Ownership
The conference in Santiago last week hosted panels from the country’s top Web3 specialists.



