DeFi
Decentralized Finance, the ecosystem of financial applications and services built on public blockchains.
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Bloomberg: Hyperliquid in Advanced Talks With Kraken Parent on US Perpetuals Push
The reported plan would route U.S. traders through CFTC-regulated Bitnomial, while neither Payward nor Hyperliquid has confirmed a deal.

Balancer Warns Legacy V1 LPs to Exit After Pool-Draining Bug
Balancer said the deprecated pools are non-pausable, while SlowMist attributed a roughly $234,000 V1 drain to a fixed-point rounding flaw.
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Ethena Launches Pay App on Avalanche With Tiered Rate Up to 6%
The iOS beta starts with 400 users, while official terms cap boosted balances and put cashback at up to 5% — not 10%.
Firelight Raises $8 Million to Backstop DeFi Vaults With Staked XRP
The Sentora-incubated cover protocol already holds $76 million in staked XRP on Flare. Its first cover integrations go live this month, into a market where onchain protection covers about 0.1% of DeFi.
Securitize's HINC Becomes Collateral on Solana's Loopscale
Eligible investors can now borrow USDG against a fund holding high-yield corporate bonds and CLO tranches, collateral whose value moves daily with credit spreads.

Bloomberg: Hyperliquid in Advanced Talks With Kraken Parent on US Perpetuals Push
The reported plan would route U.S. traders through CFTC-regulated Bitnomial, while neither Payward nor Hyperliquid has confirmed a deal.

Balancer Warns Legacy V1 LPs to Exit After Pool-Draining Bug
Balancer said the deprecated pools are non-pausable, while SlowMist attributed a roughly $234,000 V1 drain to a fixed-point rounding flaw.

Bullish Provides USD.AI $100 Million Facility for GPU-Backed Loans
The commitment will fund more GPU loans; USD.AI’s API reported $265 million in loan reserves and $491 million in TVL.
Stellar RWA Assets Outgrow Its DeFi Markets
RedStone puts tokenized real-world assets on Stellar above $3 billion in July, against DeFi value it measures at $213 million.

Ethena Plans Equity-Perpetual Basis Trades for USDe Backing
The announced rollout is still forthcoming, with the first partner exchange announcements and deployments expected in the coming weeks.

Aave V4 Deposits Reach $806 Million After 30% Weekly Gain
EtherFi Cash was V4’s second-largest market at $257 million, while Aave V3 retained a much larger $31 billion deposit base.
FRIEND Soars After Machi Big Brother Bids $1 Million For Friend.tech
FRIEND rose 28-fold within an hour of the post, and friend.tech fees jumped. Machi would buy the X account and the domain as the trading contracts have belonged to the null address since 2024.


