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DeFi

DeFi United Outlines Technical Path To Make Kelp's rsETH Whole
DeFi

DeFi United Outlines Technical Path To Make Kelp's rsETH Whole

The coalition has secured ETH commitments to refill the bridge in tranches and will use Aave and Compound governance proposals to liquidate the exploiter's remaining positions.
Ostium Launches Institutional Hedging Layer
DeFi

Ostium Launches Institutional Hedging Layer

The Arbitrum-based RWA perps protocol now routes net directional flow to Jump and prime brokers offchain, retiring the single-pool model that absorbed all trader risk.
Pharos Launches Pacific Ocean Mainnet to Expand RWA Distribution and Reduce Liquidity Fragmentation
DeFi

Pharos Launches Pacific Ocean Mainnet to Expand RWA Distribution and Reduce Liquidity Fragmentation

Backed by $52 million, the network addresses distribution and liquidity fragmentation in tokenized real-world assets within a compliance-ready framework.
Sky Proposes to Streamline Treasury Management
DeFi

Sky Proposes to Streamline Treasury Management

With Genesis Capital fully deployed, the protocol looks to shift from governance-determined capital outflows to rules-bound expenses capped at a fixed percentage of revenue.
DeFi United Hits Recovery Target as Consensys, Solana, TRON Pledge Support
DeFi

DeFi United Hits Recovery Target as Consensys, Solana, TRON Pledge Support

The DeFi United coalition crossed its rsETH backing target after a flood of weekend commitments from across the Ethereum, Solana, TRON, Avalanche, and Bitcoin ecosystems.
Maple Finance Surpasses $7B in Total Bridge Volume: Maple
DeFi

Maple Finance Surpasses $7B in Total Bridge Volume: Maple

Maple Finance announced it has crossed $7 billion in total bridge volume, signaling growing cross-chain demand for yield-bearing dollar assets.
Aave DAO Asked to Commit 25,000 ETH to Industry-Wide rsETH Recovery Fund
DeFi

Aave DAO Asked to Commit 25,000 ETH to Industry-Wide rsETH Recovery Fund

The Aave DAO is voting on a proposal to provide funding to restore Kelp DAO's rsETH product backing after an April 18 bridge incident, as part of a broader DeFi United ecosystem recovery effort.
DeFi United Fundraising Chips Away at Kelp Exploit Shortfall
DeFi

DeFi United Fundraising Chips Away at Kelp Exploit Shortfall

Bybit CEO Ben Zhou pledged his support for Mantle's 30,000 ETH loan proposal.
Lighter Unveils Multi-Asset Margin Starting With ETH
DeFi

Lighter Unveils Multi-Asset Margin Starting With ETH

Traders can post non-USDC assets as collateral for perps through Unified Trading Accounts, with conservative supply caps at launch.
Aave Announces 'DeFi United' Relief Fund to Restore rsETH Backing After Kelp Exploit
DeFi

Aave Announces 'DeFi United' Relief Fund to Restore rsETH Backing After Kelp Exploit

Lido is the first service provider to publicly announce its participation in the relief fund via a governance proposal requesting up to 2,500 stETH.