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DeFi

Vitalik Buterin Backs Trueo's Ethereum Move As TRUE Jumps 900%
DeFi

Vitalik Buterin Backs Trueo's Ethereum Move As TRUE Jumps 900%

Trueo said it will make Ethereum mainnet its primary deployment and build its next oracle there. Vitalik Buterin called the project “ethical and not corposlop.” The TRUE token is up 900% in 24 hours. Trueo's contracts are still deployed only on Base, and no migration date has been set.
Kinetiq Opens Elysium Testnet for Hyperliquid-Focused DeFi Apps
DeFi

Kinetiq Opens Elysium Testnet for Hyperliquid-Focused DeFi Apps

The liquid staking protocol published a chain ID, an RPC endpoint and an explorer for its Arbitrum Orbit network, a month after saying HyperEVM's throughput leaves little room for sustained high-frequency activity.
Circle Opens Bitcoin-Backed USDC Borrowing To Mint Clients, Routed Through Morpho
DeFi

Circle Opens Bitcoin-Backed USDC Borrowing To Mint Clients, Routed Through Morpho

The cirBTC market on Arc holds $14.3 million of USDC borrowed against 287 cirBTC, up from $1.37 million on Sept. 17. Galaxy and Keyrock supply nearly all the dollars. Circle issues the wrapper and the wallet; the loan terms sit with Morpho.
World Liberty Opens WLFI Vote on 180-Day Governance Rewards
DeFi

World Liberty Opens WLFI Vote on 180-Day Governance Rewards

Payouts would have no fixed rate and come from a pool funded by the treasury and World Liberty Markets fees.
Neutrl Opens NUSD Redemptions at 51 Cents as Strata Junior Tranche Faces Wipeout
DeFi

Neutrl Opens NUSD Redemptions at 51 Cents as Strata Junior Tranche Faces Wipeout

Strata scheduled a 48-hour valuation update that would write jrNUSD to zero while withdrawals from its senior tranche settle in sNUSD at revised share values.
Morpho
DeFi

Morpho Opens Borrowing Against Coinbase's Tokenized Stocks

Holders of five Coinbase stock tokens can pledge them for USDC loans on Base.
Genius.fun Launches on BNB Chain to Bring Hostile Takeovers On-chain
DeFi

Genius.fun Launches on BNB Chain to Bring Hostile Takeovers On-chain

Genius Foundation announced the launch of genius.fun, a new BNB Chain launchpad designed to help online communities coordinate capital and pursue ownership in publicly traded companies.
Polymarket Hires Ex-Zora CEO for Onchain Product Push
DeFi

Polymarket Hires Ex-Zora CEO for Onchain Product Push

The hire comes as Polymarket’s vice president of DeFi engineering says its existing central limit order book cannot be saved long term and is being rebuilt in Rust.
Kraken Parent Plans Permissioned Hyperliquid Perps for US Traders
DeFi

Kraken Parent Plans Permissioned Hyperliquid Perps for US Traders

Bitnomial would deploy, administer, clear and settle the proposed markets, while NinjaTrader Clearing would carry approved customer accounts.
Aave Labs Plans A Tokenized-Asset Credit Market On Avalanche With Tether's USA₮
DeFi

Aave Labs Plans A Tokenized-Asset Credit Market On Avalanche With Tether's USA₮

The Aave V4 RWA Hub would let institutions borrow USA₮ against tokenized collateral on Avalanche. The hub and the USA₮ listing both go to an Aave DAO vote, and the release gives no launch date.