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DeFi

Lighter raise cover image
DeFi

Lighter Rises to Top Perp DEX by Volume, Reveals $68M Raise

The funding round, led by Founders Fund and Ribbit Capital, values the company at about $1.5 billion.
Unique Network Redefines Trust in Decentralized AI with NFT-Based Proof of Compute
DeFi

Unique Network Redefines Trust in Decentralized AI with NFT-Based Proof of Compute

Reinforced AI transforms AI task verification on Bittensor, minting 30,000 NFTs daily as cryptographic proofs of computation, powered by Polkadot.
Velocity Labs Announces First Cohort of the DeFi Builders Program, Empowering the Next Generation of Financial Applications on Polkadot Hub
DeFi

Velocity Labs Announces First Cohort of the DeFi Builders Program, Empowering the Next Generation of Financial Applications on Polkadot Hub

Selected from over 75 applicants worldwide, the first cohort reflects the growing institutional and developer momentum behind Polkadot DeFi
Threshold Network Upgrades tBTC Bridge to Link Institutional Bitcoin with DeFi
DeFi

Threshold Network Upgrades tBTC Bridge to Link Institutional Bitcoin with DeFi

Threshold Network’s tBTC bridge upgrade opens the door for over $400 billion in institutional Bitcoin to flow into DeFi.
Exodus Movement, Inc. Announces Acquisition of Grateful To Strengthen Stablecoin-Based Payments
DeFi

Exodus Movement, Inc. Announces Acquisition of Grateful To Strengthen Stablecoin-Based Payments

Acquisition of Uruguay-based payments orchestrator strengthens Exodus’ merchant services capabilities in Latin America Grateful’s platform enables for lower fees, instant access to funds, yield on balances
UNI Soars as Uniswap Labs and Foundation Propose Fee Switch Activation
DeFi

UNI Soars as Uniswap Labs and Foundation Propose Fee Switch Activation

Uniswap’s elusive fee switch may finally be getting flipped on as the Uniswap Foundation reveals a ‘UNIfication’ plan.
XPL Rallies After Plasma Reveals Collaboration with Daylight Energy
DeFi

XPL Rallies After Plasma Reveals Collaboration with Daylight Energy

Daylight’s GRID stablecoin and sGRID yield-bearing token connect decentralized finance with energy revenues.
Ethena Season 4 Rewards Go Live
DeFi

Ethena Season 4 Rewards Go Live

Users were left waiting for over a month after the synthetic dollar protocol’s Season 4 concluded in September.
LayerZero Token Surges After $10 Million Buyback
DeFi

LayerZero Token Surges After $10 Million Buyback

The omnichain protocol’s ZRO buyback highlights a broader trend of crypto projects returning revenue to tokenholders.