The platform has become one of DeFi’s go-to destinations for tokenized stocks, commodities, and FX.

The second-largest protocol in the Solana ecosystem has manually blacklisted an address tied to a competing lending platform.

The shutdown comes after months of delays on Converge’s mainnet, leaving Terminal Finance without the ecosystem it was built for.

Amid falling DeFi activity and a dip in Bitcoin’s price, tokenized commodities offer on-chain investors a safer alternative.

The SUSHI token is down 12% on the day.

The yETH exploit is the third hack of a Yearn Finance product since 2021.

Hyperliquid’s largest DeFi protocol by TVL has introduced its governance token.

The team promised to return funds to depositors after what it called “sloppy” execution of the pre-deposit bridge for its native stablecoin.

Pixelmon purchased the MON ticker on Hyperliquid for nearly $500,000 earlier this year; however, MON on Hyperliquid now points to Monad.