“Degen” traders are likely salivating at an announcement by DeFi’s rising star Daniele Sestagalli, claiming that they will soon be able to earn high yields from their stablecoins thanks to a new cross-chain, leveraged yield farming protocol.  The Abracadabra founder said today on Twitter that a protocol which connects Ethereum with the Terra blockchain to…

They say imitation is the highest form of flattery. In crypto, this manifests as forks, or copies of a project’s codebase. In that sense, OlympusDAO must be feeling pretty flattered.

Sometimes a company can give away their technology and still turn a strong profit. Red Hat became a large company helping businesses use Linux, the classic open source project. It sold in 2018 for $34B to IBM. CoinAlpha is a company that runs on software it created called Hummingbot, a software client that automates market…

Try and guess my age. It may not be immediately obvious. And no I didn’t drink the blood of a thousand virgins, I seem to be weirdly youthful. Must be all those NFTs I’ve acquired. But I am in fact an ancient old man when it comes to the young blood coursing through this space…

The DeFi Pulse Index comprising Uniswap, Aave, and other blue chips has lagged Ethereum during the latest rally.

DeFi Pulse's bellwether DeFi Index crossed $100B for first time.

Nexus removes the complexity of advanced yield farming strategies to deliver optimized, sustainable yield for users.

This is The Defiant x Harmony, a weekly series brought to you by Harmony Protocol’s Creative Director, Robin Schmidt, and Camila Russo, the founder of The Defiant, to explore DeFi’s most important stories and demystify this exciting emerging financial space.

Acala, the Ethereum-compatible DeFi and liquidity hub of Polkadot, has launched Liquid Crowdloan DOT (lcDOT) ahead of its upcoming crowdloan event. The product joins Acala’s suite of derivative products including its recently launched KSM Liquid Staking product (LKSM), now available on Karura, as well as DOT Liquid Staking (LDOT), which will launch on Acala.

Bitcoin in decentralized finance has been surging since speculation strengthened that the U.S. Securities and Exchange Commission would finally approve an exchange-traded fund to invest in the world’s largest cryptocurrency. BTC deposited into Ethereum’s DeFi ecosystem as shown on DeFi Pulse’s “Bitcoin at Work” page, jumped 2% to 284,331 BTC since Oct. 14, when one…