DeFi
Decentralized Finance, the ecosystem of financial applications and services built on public blockchains.
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Pendle Expands One-Click Looping to Yield Assets and Tokenized Stocks
Stock longs on Base use Aave loans, while PendleLoop fees on non-PT positions are waived through Dec. 31.

Aero Launches as Aerodrome and Velodrome Merge Across Seven Chains
The combined exchange went live across seven networks, with VELO converting at 0.044 AERO and locked positions becoming sAERO
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Pendle Expands One-Click Looping to Yield Assets and Tokenized Stocks
Stock longs on Base use Aave loans, while PendleLoop fees on non-PT positions are waived through Dec. 31.

Aero Launches as Aerodrome and Velodrome Merge Across Seven Chains
The combined exchange went live across seven networks, with VELO converting at 0.044 AERO and locked positions becoming sAERO

Dolomite Adds $100 Million in Concrete’s Bitcoin-Backed Collateral
Concrete can borrow against Bitcoin held at BitGo, but liquidations require offchain custody settlement rather than an instant onchain sale.

Ondo Perps Adds 3x OpenAI Pre-IPO Contract
The perpetual has its own pricing and hourly funding payments, unlike the fully funded OPAIPon spot note. US persons are excluded.

Ledger Adds Morpho Loans Against Wrapped Bitcoin
Eligible users can borrow USDC or USDT on Ethereum, while pledged collateral sits in smart contracts and remains subject to liquidation.

Lido Lend Exit Plan Would Tap Borrower Collateral for Withdrawals
Positions nearest liquidation would be tapped first and their debt reduced. Eligibility for healthy loans and the lender’s route to ETH remain unspecified.

OpenSea Opens Mobile App to All Users, Pays Referrers 25% of Fees
The marketplace said its social feed pulls trades from across crypto apps rather than its own users, and that 76% of the 56,000-plus beta signups were active.

SpaceX Share Unlock Looms Over Aave Collateral Proposal
LlamaRisk recommends a 55% collateral factor and a 37,000-token cap, with larger liquidations dependent on redemptions or derivatives hedges.

PancakeSwap Opens 'The Flip' Vote With CAKE Supply Condition
The final plan retains CAKE buybacks from non-stablecoin protocol fees and phases a roughly 69% cut in effective daily emissions.

Pendle Daily Volume Hits $159 Million, Led by Ethereum
Ethereum accounted for $121.5 million of trading, while the protocol's locked value rose only modestly during the day.

