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DeFi

HYPE Hits New All-Time High as Hyperliquid Dominates DeFi Revenue
DeFi

HYPE Hits New All-Time High as Hyperliquid Dominates DeFi Revenue

The decentralized perpetuals exchange accounted for 35% of all blockchain revenue in July, and is on track for an even bigger August.
Whale Trades on Hyperliquid Wipe Out XPL Order Book Triggering Mass Liquidations
DeFi

Whale Trades on Hyperliquid Wipe Out XPL Order Book Triggering Mass Liquidations

Within minutes, large buys sent XPL soaring 200% in pre-market trading on Hyperliquid, resulting in tens of millions of dollars in losses for short positions.
Aave Labs Launches Horizon, Enabling Institutions to Borrow Stablecoins Against RWAs
DeFi

Aave Labs Launches Horizon, Enabling Institutions to Borrow Stablecoins Against RWAs

With Horizon, Aave offers institutional investors a compliant way to deploy their idle liquidity into DeFi.
Stargate Approves $110 Million Takeover by LayerZero
DeFi

Stargate Approves $110 Million Takeover by LayerZero

Stargate’s community has signed off on a $110 million token swap with LayerZero, but blockchain data shows that two addresses controlled more than half of the votes.
Prediction Market Kalshi to Expand Onchain Presence
DeFi

Prediction Market Kalshi to Expand Onchain Presence

The controversial company has unveiled its new head of crypto, influencer John Wang.
Unit Records $3.2 Billion in 24-Hour Volume Driven by Whale Activity
DeFi

Unit Records $3.2 Billion in 24-Hour Volume Driven by Whale Activity

The Hyperliquid-based tokenization protocol traded more BTC spot volume than Coinbase and Bybit over a 24-hour period this weekend.
Morpho Token Surges as Lending Protocol Eclipses $10 Billion in Deposits
DeFi

Morpho Token Surges as Lending Protocol Eclipses $10 Billion in Deposits

MORPHO has rallied nearly 50% in the past 30 days to a six-month high as the DeFi lending protocol continues to attract new inflows.
Memecoin Trading Platforms Continue to Innovate Despite Dwindling Volumes
DeFi

Memecoin Trading Platforms Continue to Innovate Despite Dwindling Volumes

Photon and Zora are rolling out new features while Heaven and Pumpfun dominate the launchpad wars.
DeFi Treasury Protocol ETH Strategy Deploys Over 50% of Its ETH for Yield
DeFi

DeFi Treasury Protocol ETH Strategy Deploys Over 50% of Its ETH for Yield

ETH Strategy has deployed a significant portion of its ETH into Etherfi’s weETH token, along with deposits into Lido, Liquid Collective, Renzo, and Aave.