DeFi

DeFi
EigenLayer Raises $100M Series B Led By a16z
The highly anticipated Ethereum restaking protocol is DeFi’s fourth-largest, with nearly $8B in TVL.

DeFi
Ondo Brings Treasury-backed Stablecoin to Aptos
Lending protocol Thala will integrate USDY as a collateral asset.

DeFi
Euler Finance Seeks Redemption Arc With V2 Deployment
Euler's TVL crashed to less than $100,000 after suffering a $197M exploit in early 2023.

DeFi
Vitalik Remains Wary Of Overly Complex Layer 2s
The Ethereum founder thinks it could be “worth adding some pretty sophisticated L1 features to reduce the code burden of L2s.”

DeFi
Gauntlet Quits As Aave Risk Steward Citing Clashes With Community
The risk management firm “will be terminating its payment stream as soon as possible.”

DeFi
Starknet’s $2 Billion Airdrop Is Crypto’s Biggest Yet
With STRK initially trading at a fully diluted valuation of $30 billion, the value of the airdropped tokens on launch day surpassed Arbitrum’s $1.5 billion.

DeFi
Ethena Stablecoin’s 27% Yield is Triggering Terra-Induced PTSD
The startup’s token, USDe, is backed by staked ETH and ETH short positions.

DeFi
Avalanche Stages Comeback Amid Growth In Memecoins, GameFi, and RWAs
Flipside Crypto reports that Avalanche’s TVL doubled in Q4 2023.

DeFi
Wormhole Inks Partnership With AMD Amid Zero-Knowledge Embrace
AMD will provide advanced hardware and develop light clients for the Wormhole ecosystem.

DeFi
Burn Rate Surges Amid Spike In Ethereum On-Chain Activity
Nearly $63M worth of ETH was burned in the past two weeks.





