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DeFi

Ethereum Still Accounts for 90% of Fees as Layer 2s Struggle to Deliver Revenue
DeFi

Ethereum Still Accounts for 90% of Fees as Layer 2s Struggle to Deliver Revenue

Ethereum-based DeFi protocols might want to think twice before rolling out on every Layer 2, as data shows most fees still accrue on the mainnet.
Ethena’s USDe Stablecoin Surges to All-Time High Market Capitalization of $9.3 Billion
DeFi

Ethena’s USDe Stablecoin Surges to All-Time High Market Capitalization of $9.3 Billion

The synthetic dollar’s supply is up 75% over the past month, driven by increased demand for yield and overall excitement surrounding Ethena.
Over 40% of Jupiter’s Trading Volume Now Flows Through Private AMMs
DeFi

Over 40% of Jupiter’s Trading Volume Now Flows Through Private AMMs

Almost half of Jupiter’s trading volume is routed through proprietary AMMs, highlighting growing centralization on Solana’s top DEX aggregator.
Harbour Industrial Capital Invests $1.2 M into Four High-Growth Polkadot Ecosystem Projects
DeFi

Harbour Industrial Capital Invests $1.2 M into Four High-Growth Polkadot Ecosystem Projects

HIC’s Fund II backs Mandala, Xcavate, Kylix and Hyperbridge to scale DeFi, RWAs and cross-chain interoperability
Hyperliquid refunds cover image
DeFi

Hyperliquid to Refund Users Affected by Platform Outage

The DEX experienced unexpected downtime yesterday, which resulted in some users being locked into existing positions and suffering losses.
Chainflip Unlocks One-Click Cross-Chain Swaps for Polkadot with Asset Hub Integration
DeFi

Chainflip Unlocks One-Click Cross-Chain Swaps for Polkadot with Asset Hub Integration

Polkadot-native assets now trade seamlessly with BTC, ETH, and USDC across ecosystems
Sui DEX Momentum Teases Expansion Plans After Hitting $100 Million in Daily Volume
DeFi

Sui DEX Momentum Teases Expansion Plans After Hitting $100 Million in Daily Volume

Momentum has surpassed $150 million in TVL, and now plans to bring over EVM and Solana projects to Sui using the Wormhole bridge.
Zora Token Surges as Base and Solana Execs Lock Horns Over Speculative Creator Coins
DeFi

Zora Token Surges as Base and Solana Execs Lock Horns Over Speculative Creator Coins

With ZORA rallying nearly 900% in the past month, top crypto personalities are debating whether creator-linked tokens truly hold lasting value or are just ‘shitcoins.’