The perpetual exchange’s HLP vault was down $10 million on an absorbed position before the team intervened and closed the position at a profit, casting doubts on its decentralization claims.

Simplify your crypto payments with SORA Card. SORA Card is a debit card alternative that empowers users through self-custody, and direct access to DeFi.

USD1 will be backed by real assets and built for institutions, according to the press release.

The protocol is allocating 25% of network fees to a staking initiative intended to increase network security while decreasing the tokens in circulation.

The lending protocol on Hyperliquid’s EVM reached its HYPE and wstHYPE caps.

Plume CEO Chris Yin spoke to The Defiant and explained the project’s focus on crypto-native utility and sustainable yield.

The multi-trillion dollar asset management firm is the latest major financial institution to enter the RWA market.

After years of development and planning, months of cultivating top-notch partnerships, and a neverending stream of spitballing, crafting, and late-night cold pizzas, we’re finally ready to open for business. Welcome to the first sustainable BTC yield chain, powered by Decentralized Sequencers, and multi-coin Proof of Stake.

Jupiter posts record revenue for a fourth consecutive month, with February’s revenue soaring by more than 30%.