DeFi

DeFi
Aave’s Net Deposits Exceed $60B, up 55% in July
Aave’s July growth was driven by Ethereum’s rally, as well as increased activity on Base.

DeFi
Hyperliquid Vault Manager Under Fire for Moving $29 Million of User Funds to Other Blockchains
The multisig-based Hyperliquid Vault (HLP) wrapper bridged user funds to Avalanche DeFi protocol Blackhole.

DeFi
Crypto User Loses 3M USDT in Phishing Attack, Sparking Debate Over Tether’s Responsibilities
The wallet-draining scam has renewed debate around stablecoin issuers' responsibility, decentralization, and custody options for crypto users.

DeFi
Animoca Backs NUVA Marketplace to Tap Growing Real World Asset Sector
Animoca Brands and Provenance Blockchain Labs are launching a vault marketplace to capitalize on what they project could become a $20 trillion RWA market by 2030.

DeFi
Keyring Brings Zero-Knowledge ID Layer to DeFi Vaults on Avalanche
Keyring’s new system enables users to prove their identities and safely use DeFi without revealing personal information publicly.

DeFi
TROLL Memecoin Explodes 800%, Dominating Solana Mindshare
Right as it looked like PumpFun coins were down for the count, a new ecosystem leader has inexplicably emerged.

DeFi
Circle’s Native USDC Launch on Hyperliquid Threatens Arbitrum: Messari
Circle’s plan to mint native USDC on Hyperliquid threatens Arbitrum’s dominance, with a Messari analyst warning of a possible liquidity exodus.

DeFi
PumpFun Revenue Plunges 96% to Lowest Level Since March 2024
The Solana-based token launchpad has struggled to meet the market’s expectations since its token generation event.

DeFi
Decentralized Perpetuals Volume Hits All-Time High of $399 Billion in July
Hyperliquid leads the pack with 79% of total decentralized perpetuals trading volume.


