DeFi


Finance

New Ether Treasury Firm 'ETHZilla' Emerges With $425M Funding and a DeFi Twist

The transaction was backed by sixty institutional and crypto-native investors, including Polychain Capital, GSR.

Ether price chart on a smartphone screen (Cedrik Wesche/Unsplash)

Finance

DeFi Sector TVL Hits 3-Year High of $153B as Investors Rush to Farm Yields

Ethereum leads the DeFi boom with nearly 60% market share, while advanced yield strategies and rising activity on Solana and Sui drive cross-chain growth.

Farming (James Baltz/Unsplash)

Finance

Sky's Grove Expands to Avalanche With $250M RWA Plan, Partnering With Centrifuge, Janus

The expansion brings tokenized versions of credit and U.S. Treasury funds to Avalanche as part of the network's institutional finance push.

The Avalanche booth at HBC 2022 (Danny Nelson/CoinDesk)

CoinDesk Indices

The Rate Renaissance: How Benchmark Rates Unlock DeFi’s Potential

Forward rate agreements (FRAs) serve as a foundational tool in the fixed income market to allow participants to manage expected interest rate fluctuations, and ultimately provide structure and scalability to unlock the next evolution of DeFi, write Treehouse Labs’ Jun Yong Heng and Si Wei Yue.

Buidling through blinds

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Finance

Crypto Treasury Fever Spreads to Ethena as $360M SPAC Deal Targets ENA Accumulation

A new Ethena treasury firm named StablecoinX aims to be listed on the Nasdaq, lined up big-name crypto investors including Pantera, Galaxy, Dragonfly, Polychain.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Markets

Ethena's ENA Soars 43%. What's Fueling the Explosive Rally?

Ethena's governance token ENA has surged 43% this week, becoming the second-best-performing top 100 token by market value.

Ethena's ENA token. (CoinDesk)

Markets

Ethena's ENA Soars 20% as Protocol Sees $750M Inflow Amid Rising Crypto Funding Rates

The decentralized finance protocol pays out yield-harvesting BTC, ETH and SOL funding rates, which have been rising as the crypto rally broadens.

Ethena (ENA) price on July 20 (CoinDesk)

Finance

Decentralized Exchange dYdX Acquires Social Trading App Pocket Protector

The DEX also appointed Pocket Protector co-founder Eddie Zhang as president.

Heashot of dYdX founder Antonio Juliano (dYdX)

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Markets

Bitcoin DeFi Has Ballooned 20x Since Start of 2024 as Builders Bet on Yield

A new wave of developers is building yield-generating apps on Bitcoin, pushing the network beyond store-of-value status and into a key DeFi ecosystem asset.

Hot air ballon. (bozziniclaudio/Pixabay)

Finance

Trump-Linked WLFI Token Clears Vote to Become Tradable

Holders voted 99% in favor of enabling transfers and exchange listings for WLFI, which has been locked-up since last year's $590 million presale.

Justin Sun of TRON and Zak Folkman of World Liberty Financial speak at Consensus Hong Kong 2025 by CoinDesk (CoinDesk/Personae Digital)