Solana perpetuals exchange Drift Protocol has rebranded to Velocity DEX, with a private beta planned in the coming days as the platform rebuilds after a $295M April exploit.

The trader's latest Ethereum liquidation came without a fresh deposit to backstop it, a first in a months-long losing streak tracked onchain.

The Solana wallet is bringing on the three-person team behind a pre-IPO perpetuals platform, deepening its push into derivatives.

A nationwide class action in New York accuses the NFT marketplace and its four co-founders of marketing the token's use cases, then delaying or abandoning them as $ME fell roughly 99% from launch

The Solana influencer has sent roughly $6.7M in tokens to more than 700 wallets onchain, even as he controls about 60% of the supply.

The collapsed yield protocol, whose November failure froze roughly $160 million in deposits and left an estimated $285 million owed across DeFi lending markets, is asking potential creditors to submit claim information through an online form

The Solana launchpad's repurchases since July now exceed $400M, yet PUMP trades roughly 83% below its record and is little changed on the day

The world's largest asset manager will list the USDe synthetic dollar as an approved asset on its institutional risk platform, while its BUIDL fund becomes the primary backing for Ethena's whitelabel stablecoins.

Aave confirmed Saturday that Aavenomics 3.0 is now active, with automated AAVE token buybacks running and DAO operational spending reduced, completing a governance roadmap the protocol has built toward since mid-2024.

Aave founder Stani Kulechov previewed Aavenomics 3.0 on X Thursday, an automated on-chain buyback mechanism that would route all protocol and GHO revenue to AAVE holders by default, replacing the existing discretionary committee-directed program.