Decentralized Finance


Tech

Anthropic Research Shows AI Agents Are Closing In on Real DeFi Attack Capability

Models tested by MATS and the Anthropic Fellows program generated turnkey exploit scripts and identified fresh vulnerabilities, suggesting automated exploitation is becoming technically and economically viable.

Artificial Intelligence (Markus Winkler/Unsplash)

Policy

UK Proposes ‘No Gain, No Loss’ Tax Rule for DeFi in 'Major Win' for Users

The proposal, with input from major industry players, aims to bring tax rules in line with how DeFi works, reducing outcomes that don't reflect reality.

Big Ben in the UK (Heidi Fin/Unsplash/Modified by CoinDesk)

Finance

DeFi’s $55B Plunge Isn’t the Disaster It Looks Like

Despite a sharp $55 billion decline in total value locked since October, the DeFi sector remains structurally strong, with rising DEX activity and steadily growing protocol fundamentals.

rollercoaster, loop

Web3

'Liquidity Crisis': $12B in DeFi Liquidity Sits Idle as 95% of Capital Goes Unused

This inefficiency disproportionately affects retail liquidity providers, with 50% losing money due to impermanent loss, and net deficits exceeding $60 million, a new report finds.

CoinDesk

Advertisement

Markets

Zcash Privacy Meets Solana DeFi with Zenrock’s Wrapped ZEC Crossing $15M in Volume

Zenrock's wrapped Zcash token, zenZEC, has achieved $15 million in trading volume on the Solana blockchain since its launch on Oct. 31.

A cloaked figures moves down a shadowed alley (Nghia Do Thanh/Unsplash)

Markets

Market Maker Flowdesk Says Crypto Credit Is Finding a Fragile Balance

DeFi lenders are deleveraging but not retreating, with borrowing demand for majors like SOL and BTC staying firm and yields compressing across Maple and JitoSOL.

(Piret Ilver/Unsplash)

Markets

DeFi Set to Challenge TradFi With $2T in Tokenized Assets by 2028: Standard Chartered

The bank said the 2025 stablecoin boom is fueling a self-sustaining wave of DeFi growth, and it forecasted $2 trillion in tokenized real-world assets by 2028.

DeFi networks are global. (NASA/Unsplash, modified by CoinDesk)

Markets

Keyrock: Crypto’s Buyback Boom Tests the Industry’s Financial Maturity

Tokenholder payouts have surged more than 400% since 2024, but Keyrock’s Amir Hajian warns that most are still funded by treasuries rather than real revenue, arguing that buybacks must evolve from hype-driven spending to disciplined, valuation-aware capital policy.

(Christian Dubovan/Unsplash, modified by CoinDesk)

Advertisement

Policy

Senate Democrats' Leaked Crypto Position Would Strangle DeFi, Industry Insiders Say

Language said to be a Democratic proposal on handling decentralized finance in the crypto market structure effort is drawing heavy criticism.

U.S. Congress (Jesse Hamilton/CoinDesk)

Finance

DeFi TVL Rebounds to $170B, Erasing Terra-Era Bear Market Losses

After three years of rebuilding, decentralized finance has returned to pre-Terra levels with more measured growth and rising institutional adoption.

TVL recovery since Terra crash (DefiLlama)