DeFi

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.

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.

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.

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

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.

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

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.

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.’




