DeFi


Markets

Polygon Derivatives DEX Gains Network Crosses $1.5B in Trading Volume on Arbitrum

Trading volumes on Gains Network deployed on Arbitrum reached $230 million in the past 24 hours alone, data shows.

(David Mark/Pixabay)

Markets

Floki Inu Developers Float DAO Proposal to Burn $55M of Its Own Tokens

The proposal is part of a broader move towards positioning Floki Inu as a serious DeFi project, developers told CoinDesk.

DOGE rally is news-driven and doesn't represent speculative frenzy. (Thorsten/Pixabay)

Tech

Cardano DEXs Will Support Djed Stablecoin Liquidity Pools Starting Next Week

The issuance of Djed’s overcollateralized stablecoin has been a much-hyped topic in the Cardano community.

Liquidity Pool (Unsplash)

Opinion

Web3 Loyalty Programs Are a Trojan Horse for Good Crypto Policy

Crypto's three pillars of ownership, control and interoperability are likely to resonate with policymakers the most, writes Josh Rosenblatt of Co:Create.

The Trojan horse, after a painting by Henri Motte, Corcoran Gallery, Washington, D.C. (Getty Images)

Tech

Canto DEX Trading Volume Soars 200% Ahead of Proposals to Upgrade Network

The price of Canto's token has tripled since Jan. 1.

(Shubham Dhage/Unsplash, modified by CoinDesk)

Finance

Index Coop Introduces Index for Diversified Liquid Ethereum Staking

The product includes Lido's etETH, Rocket Pool's rETH and StakeWise's sETH2

Liquidity Pool (Unsplash)

Markets

Solana Liquid-Staking Tool Marinade Looks to Bolster Its Token Value With Staked SOL Capture

Pseudonymous Marinade developer Cerba said the effort will bring more legitimacy to mSOL, which is ahead of Lido’s Solana LSD token despite that big-name protocol’s dominance on Ethereum.

Marinade.Finance is looking to bolster the value of its MNDE tokens. (Dall E)

Markets

Cardano-Based Overcollateralized Stablecoin Djed to Launch Next Week

The stablecoin can be minted by ADA holders and is widely expected to be integrated to several Cardano dapps upon launch.

(eswaran arulkumar/Unsplash)

Tech

Aave Community Voting to Deploy Version 3 on Ethereum

If the proposal passes, the latest iteration of the Aave protocol will come to the Ethereum blockchain, Aave’s first and largest market.

(MidJourney/CoinDesk)

Tech

DeFi Protocol Sushi Passes 2 Governance Votes to Strengthen Treasury

The separate proposals passed in the past two days by Sushi community voters are part of a broader plan to ensure the project’s longevity.

The entity that oversees the SushiSwap crypto exchange is reorganizing. (Unsplash)