DeFi

DeFi

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

CoinDesk Indices

Crypto Long & Short: The Striking Dichotomy in DeFi Tokens Post 10/10

In this week’s Crypto Long & Short Newsletter, Martin Gaspar shares a snapshot of where we are post 10/10 and where potential opportunities from dislocations may lie. Then, we take a look at investor sentiment in the wake of the relentless market selloff — confusion, resolve and humility — with Andy Baehr’s “Vibe Check.

Buisnessiness man

Markets

Crypto Leverage Hits Record High in Q3 as DeFi Dominance Reshapes Market Structure: Galaxy

Onchain lending drove crypto-collateralized debt to a new peak in last quarter, but the leverage underpinning the market is now better collateralized than during the previous cycle.

(Creative Commons)

Tech

The Protocol: Hyperliquid Introduces Proposal to Cut Fees

Also: Aerodrome Overhaul, Cloudflare Outage and dYdX Buyback Increase Approved.

Waves at night (Shutterstock modified by CoinDesk)

Finance

DeFi Lender Aave to Roll Out Retail Crypto Yield App on Apple’s App Store

With the Aave App, users will be able to earn over 5% annual yield on their deposits, higher than money market funds, the protocol said in a blog post.

CoinDesk

Web3

1inch Unveils Protocol Letting Multiple DeFi Strategies Share the Same Capital

Aqua introduces a "shared liquidity layer" that enables capital from a single wallet to back multiple trading strategies simultaneously.

(CoinDesk)

Tech

Injective Launches Native EVM, Promising Faster and Cheaper DeFi

The upgrade aims to make Injective a go-to platform by combining Ethereum compatibility with Injective’s existing high-speed infrastructure.

Injective Labs CEO Eric Chen (Injective)

Tech

Bitcoin DeFi Gets Another Institutional Boost Through Anchorage Digital Custody

Anchorage Digital is opening institutional pathways into Bitcoin-native DeFi, providing a regulated gateway to BOB’s hybrid Bitcoin–Ethereum ecosystem.

Nathan McCauley, co-founder and CEO of Anchorage Digital at Consensus 2025.

Opinion

Stop Chasing DeFi Yields and Start Doing the Math

The DeFi industry has trained everyone to optimize for headline APY numbers while burying the costs that determine your returns, argues Blueprint Finance CEO Nic Roberts-Huntley

Piggy banks (Unsplash/Insung Yoon/Modified by CoinDesk)

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)