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DeFi

Zest Sets Oct. 23 Deadline to Exit aeUSDC on Stacks Market V1
DeFi

Zest Sets Oct. 23 Deadline to Exit aeUSDC on Stacks Market V1

The lending protocol says Allbridge will end its aeUSDC bridge to Stacks on Nov. 3. Its one-transaction migration to V2 excludes aeUSDC.
Derive Proposes Treasury Funding for US-Regulated Derivatives Push
DeFi

Derive Proposes Treasury Funding for US-Regulated Derivatives Push

The Foundation would gain authority to pursue approvals and establish or acquire entities, but the proposal sets no spending amount or launch date.
THORChain Fees Rebound but Remain 84% Below September Surge
DeFi

THORChain Fees Rebound but Remain 84% Below September Surge

The latest seven-day total is back above the pre-surge week, after fees plunged 91% in Oct. 2–8.
USDGO Adds Solana Trading Liquidity Through Jupiter Lend and Fluid
DeFi

USDGO Adds Solana Trading Liquidity Through Jupiter Lend and Fluid

Anchorage Digital Bank issues the OSL-branded stablecoin, which has about $1.29 billion in circulation. USDGO lending markets are planned next.
Papertrade Trader Losses Reach $32.4 Million Two Days After Launch
DeFi

Papertrade Trader Losses Reach $32.4 Million Two Days After Launch

The loss-funded venue booked more revenue than Pump.fun and Hyperliquid in the latest shared full-day data, while its house pool held about $4.27 million.
Papertrade Says It Is Tightening Trading Limits After Manipulation Allegations
DeFi

Papertrade Says It Is Tightening Trading Limits After Manipulation Allegations

The team says it is restricting exposure onchain and through relayers. Its statement does not confirm claims that a trader was blacklisted or prevented from closing positions.
Papertrade Faces Oracle-Manipulation Allegation as House Pool Shows $3.14 Million
DeFi

Papertrade Faces Oracle-Manipulation Allegation as House Pool Shows $3.14 Million

The cited wallet showed about $1.73 million in realized trading gains on PaperDash. Papertrade’s loss-funded pool pays winners, with unpaid profits queued if cash runs short.
Papertrade Traders Lose $18.2 Million as Staking Rewards Reach $12.6 Million
DeFi

Papertrade Traders Lose $18.2 Million as Staking Rewards Reach $12.6 Million

Reported staking rewards equaled about 69% of net trading losses, but the payouts redistribute money to PAPER stakers rather than reimburse each losing trader.
Papertrade Shows $10.3 Million in Staker Rewards Hours After Launch
DeFi

Papertrade Shows $10.3 Million in Staker Rewards Hours After Launch

The 1000x-leverage venue’s dashboard showed roughly $5 million in its house pool and no queued payout debt as trading losses funded PAPER rewards.
Papertrade Draws Reported $3 Billion in Positions in First Hour
DeFi

Papertrade Draws Reported $3 Billion in Positions in First Hour

DefiLlama tracked $137.1 million in trader balances and house liquidity combined. Those funds are not all available to pay winning trades.