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DeFi

Flap Overtakes Pump.fun in Daily Revenue With $1.18 Million
DeFi

Flap Overtakes Pump.fun in Daily Revenue With $1.18 Million

The BNB Chain launchpad's fees grew 40x in two weeks, making it the second BNB Chain platform to flip the Solana incumbent.
DEX Spot Volume Hit a Record 24% of CEX Volume in July
DeFi

DEX Spot Volume Hit a Record 24% of CEX Volume in July

Decentralized exchanges took their largest share of spot trading since tracking began in 2019 — in a month when overall volumes sank to a two-year low.
Metronome Discloses $15.7 Million Synth Shortfall, Blames Oracle Lag in Swap Module
DeFi

Metronome Discloses $15.7 Million Synth Shortfall, Blames Oracle Lag in Swap Module

MetronomeDAO says 6,367 msETH and 4.57 million msUSD lack backing after years of "unbacked float" accumulated through Chainlink price-feed latency; the treasury has staged $34 million in defensive positions to close the gap.
Uniswap Protocol Revenue Nearly Triples After v4 Fee Switch as UNI Tops $4
DeFi

Uniswap Protocol Revenue Nearly Triples After v4 Fee Switch as UNI Tops $4

Three days of onchain data show the expanded fee switch is delivering for UNI holders — about $325,000 a day now flows toward UNI burns, and the token is up 16% on the week. Liquidity providers and rival DEX founders say that money comes out of their pockets, and Uniswap's own documentation shows both sides are working from real numbers.
Aave Moves to Retire 50 Low-Adoption Assets, Wind Down Six Chains
DeFi

Aave Moves to Retire 50 Low-Adoption Assets, Wind Down Six Chains

Kulechov says the $98 million cleanup 'should not be interpreted as a view on any L1 or L2' as the lending giant narrows its focus to high-value markets.
Morpho Signs First Hong Kong Partnership With HashKey's HSK Chain
DeFi

Morpho Signs First Hong Kong Partnership With HashKey's HSK Chain

Morpho will deploy on HSK Chain and become its official onchain credit partner as the lending network pushes into Asia's institutional market.
1inch Commits 10M 1INCH, 500k USDC to Aqua LP Rewards
DeFi

1inch Commits 10M 1INCH, 500k USDC to Aqua LP Rewards

The three-month campaign runs through Merkl across 80+ 1INCH markets, with BNB Chain named as the first co-incentive partner.
Coinbase Opens 'Launches' Tab for New Base, Solana Tokens
DeFi

Coinbase Opens 'Launches' Tab for New Base, Solana Tokens

The feature routes users into Coinbase's built-in DEX, which its product page says is not available in all locations and requires a self-custody wallet.
Perp DEX Dango to Wind Down, Will Halt Trading July 29
DeFi

Perp DEX Dango to Wind Down, Will Halt Trading July 29

The Hack VC-backed Layer 1 will shut its blockchain on Aug. 13 and return user funds as USDC, closing out a mainnet run of under four months that began with a $1.9 million exploit.
Ex-Sushi CTO Joseph DeLong to Launch Order Book DEX on Robinhood Chain
DeFi

Ex-Sushi CTO Joseph DeLong to Launch Order Book DEX on Robinhood Chain

The former SushiSwap CTO described the decentralized exchange as a side project that 'outgrew nights and weekends,' with no specs, contract, or token disclosed.