DeFi


Markets

Ether.Fi's ETHFI Jumps 50% to Record, May Boost Valuations for Liquid Restaking Token Airdrops: Analyst

Restaking has become one of the hottest sectors in DeFi, with new protocols leveraging Ethereum's proof-of-stake blockchain to secure other networks.

ETHFI price (CoinDesk)

Finance

Amid Giant Crypto Rally, Hopes for Another DeFi Summer Soar

Since the approval of spot bitcoin ETFs in January, DeFi looks ascendant, triggering memories of 2020, aka DeFi Summer, when the space bustled with activity.

DeFi yields (DefiLlama)

Finance

TrueFi Unveils Lending Protocol for Tokenized Real-World Assets; TRU Jumps 14%

Investors will be able to take out crypto loans by pledging TrueFi's U.S. Treasury bill tokens, with plans to expand collateral to other types of tokenized RWAs, according to the proposal.

(Jason Leung/Unsplash, modified by CoinDesk)

Markets

Frax Finance Targets $100B Value Locked in Singularity Roadmap

Frax's singularity roadmap has set a target of $100 billion in TVL for its layer 2 Fraxtal.

Frax Finance's Sam Kaizeman (Wikipedia)

Finance

Lithuania-Licensed Crypto Bank Meld to Offer Tokenized RWAs to Retail Investors

Meld, which is in partnership with the layer-1 blockchain of the same name, has an agreement with DeFi platform Swarm Markets, which started a real-world asset platform in December

Vilnius, Lithuania (Shutterstock)

Markets

Solana Leapfrogs Ethereum on DEX Volume

The meme coin frenzy seems to have catalyzed higher volumes on the Solana blockchain, which also boasts greater capital efficiency than Ethereum.

Top blockchains by DEX volume. (DefiLlama)

Finance

Crypto Compliance Platform Keyring Raises $6M to Unlock DeFi for Institutions

The company allows institutional investors to comply with regulations when interacting with DeFi, and recently facilitated a proof of concept trial with Nomura's crypto arm Laser Digital by building a compliance wrapper on top of USDC stablecoin.

Alex McFarlane and Mélodie Lamarque, co-founders of Keyring Network (Keyring Network)

Markets

Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo

In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.

Aevo volume (DefiLlama)

Markets

Meme Coins Strongly Correlated to Network Growth: Franklin Templeton

Meme coin markets have boomed in tandem with the growth of addresses on their underlying blockchains.

DOGE Meme shiba inu (Atsuko Sato)

Policy

DeFi Borrower Behavior Key to Gauging Tokenization Risks: BIS Study

The study was designed to look at the largely unexplored "intricacies" of user behavior and dynamics of decentralized finance lending, the authors said.

16:9 BIS tower building (BIS)