Fresh on the block, this week for our First Look we are unboxing a brand new tokenized asset management and derivatives trading protocol, Tranchess. Tranches, named after chess pieces… good move. Not built on Ethereum, Solana or Polkadot, this is a Binance smartchain protocol. So let’s check this out and see what it’s all about.

Liquidations are a pain for Defiers, but a new tool aims to prevent them automatically. Decentralized bot network, Gelato Network, released a user interface yesterday which will automatically pay down users’ debt on lending platform Aave if they are close to liquidation.  The interface, called Cono Finance, does this by selling some of a user’s…

SEC Commissioner Hester Peirce is taking a “liberty-loving perspective” when it comes to cryptocurrency and DeFi, contrasting with statements by the agency’s chairman on Tuesday.  For Peirce, who joined a panel hosted by The Defiant and DeFi Watch on Aug. 4, if users are voluntarily deciding to trust the code over a company then they…

Paradigm research partners Dave White, Dan Robinson and Uniswap founder Hayden Adams have cooked up another trading protocol. The decentralized exchange, called TWAMM, which stands for time-weighted average market maker, aims to help traders execute large orders, quickly, at low gas prices and without negatively affecting price. In traditional finance, traders will often employ brokers…

The Ethereum staking-as-a-service company Lido is aiming to go fully decentralized. The project has implemented a skeleton upgradable smart contract for making new withdrawals and new deposits fully non-custodial. The project is still seeking an optimal solution to become a trustless node operator. Lido offers users the ability to stake ETH, which will be utilized…

Competition is heating up in the DeFi browser extension wallet category. DeBank, previously known primarily as a data provider, is the latest to announce a browser extension wallet geared especially for DeFi users. The wallet, called Rabby, will automatically switch between chains, according to the launch post. In practice, this means if a DeFi user…

Trident was first developed with the core focus of capital efficiency and cryptocurrency volatility protection using powerful, yet intuitive and easy-to-use, tools to provide DeFi with its new protocol standard. Our goal was to reinvent the wheel, without sacrificing user familiarity with Sushi’s newly revamped and consolidated interface.

Trading is now live on Karura Swap, the First Decentralized Exchange in the Polkadot & Kusama Ecosystem. Karura Swap has opened trading for the KSM/KAR pair, which currently has $3,410,992.00 in Total Value Locked thanks to Karura Swap’s “Bootstrap” mechanism.

YFI launched in 2020 as one of the most memorable DeFi protocols ever with its fair launch, tiny token supply and reluctant anti-hero Andre Cronje as a pivotal figure in just doing things differently. Since then $YFI has suffered hacks, merged, purged, grown, shrunk but above all endured as a genuinely decentralized home for those…

The competition to bring euro stablecoins to DeFi is heating up.  Lending protocol C.R.E.A.M. Finance said it will make EURt, Tether’s euro-pegged stablecoin, available in its money markets to borrow and lend. At $62.28B according to its transparency page, Tether issues the largest supply of dollar-pegged stablecoins, USDT, and is looking to reproduce its success…