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DeFi

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.
Papertrade Sets 1000x Perps Launch With $85 Million Deposited
DeFi

Papertrade Sets 1000x Perps Launch With $85 Million Deposited

Trading is scheduled for 10 a.m. ET on Oct. 10. User deposits are separate from the house-side pool, which starts at zero and grows from traders’ losses.
Aero Sets Oct. 21 Merger Launch and Token Conversion Terms
DeFi

Aero Sets Oct. 21 Merger Launch and Token Conversion Terms

AERO converts one-for-one and VELO at roughly 0.044 new AERO per token; existing locks keep their remaining duration.
Tether Unfreezes Four THORChain Vaults Three Hours After Blacklisting 1.45 Million USDT
DeFi

Tether Unfreezes Four THORChain Vaults Three Hours After Blacklisting 1.45 Million USDT

The four Tron addresses came off the USDT blacklist at 15:30 UTC with their balances intact, and THORChain has restarted Tron trading, deposits and signing. The 19 other wallets frozen in the same sweep are still blacklisted.
Polkadot Launches USDT-Backed dotUSD Under OpenGov
DeFi

Polkadot Launches USDT-Backed dotUSD Under OpenGov

The stablecoin has about 2.77 million tokens in total supply, while DOT-backed borrowing is planned for a later phase.
Aave Lists December AUSD PT on Monad With 93% Borrowing Limit
DeFi

Aave Lists December AUSD PT on Monad With 93% Borrowing Limit

The new reserve has filled its 30 million-token supply cap, with Aave displaying $29.67 million supplied.
Astroport Ends Tokenholder Governance on Neutron and Terra
DeFi

Astroport Ends Tokenholder Governance on Neutron and Terra

Contributors will run the protocol through DAO DAO organizations, while vxASTRO holders retain the normal unlock process and ASTRO emissions go to zero.