DeFi
Not a new concept, yet "Restaking" continues to attract significant attention from the community, partly due to pioneering projects like EigenLayer in this field. However, is this solution truly a new breakthrough or just another game of leverage within DeFi? Let's explore in this article! Restaking
DeFi
Continuing a series of recent noteworthy airdrop projects, Saga has also announced rewards for users who previously staked ATOM and TIA on their network. In a series of tweets announcing the airdrop, Saga expressed gratitude to those who supported the Cosmos ecosystem (where this project initially laid its foundations). 3/
DeFi
DEX platform Curve will integrate ZetaChain, a layer-1 blockchain providing Omnichain multi-chain interaction capabilities, opening up opportunities for users to directly swap with native BTC. On January 3rd, ZetaChain announced its upcoming presence on the Curve DEX platform, starting to support users in converting native BTC and accessing Omnichain asset
DeFi
Lending project on Arbitrum, Radiant Capital, has been exploited by hackers, resulting in losses amounting to $4.5 million USD. Radiant Capital Suffers $4.5 Million USD Attack. Photo: Radiant Capital In an announcement posted on the morning of January 3rd, Radiant Capital (RDNT) stated it had received warnings about
DeFi
After much speculation within the community, the Solana-based DEX platform Jupiter has confirmed it will conduct an airdrop of JUP tokens by the end of January 2024. DEX Platform Jupiter Plans to Airdrop JUP Tokens by Late January Jupuary Kickoff: Let's launch JUP together! Long essay ahead, no
DeFi
Orbit Chain's cross-chain bridge has become the first victim of an attack in the new year 2024, with estimated losses of approximately $81.5 million USD. 2024 Starts with $81.5 Million USD Hack of Orbit Chain Bridge. Photo: Orbit Chain Orbit Bridge, a cross-chain bridge protocol, was
DeFi
The total value locked (TVL) across the entire DeFi sector has reached a new high for 2023 at $53 billion USD, marking the highest level since the FTX crash in November 2022. DeFi Sector TVL Returns to Pre-FTX Crash Levels. Photo: CryptoSlate According to data from DefiLlama, the TVL of
DeFi
Swell, the rising star in the liquid staking sector, is now the fourth-largest liquid staking protocol, following Lido Finance, Rocket Pool, and Frax Finance. Swell's TVL for liquid staking doubles in just one month. Image: Swell Twitter Swell has officially surpassed 108,000 ETH (equivalent to $245 million)
DeFi
Manta Pacific Accelerates, TVL Touches $316 Million Manta Pacific's Total Value Locked (TVL) has been on a rapid ascent recently, driven by a campaign to accumulate reward points for next year's airdrop. Manta Pacific is surging, with TVL reaching $316 million. Image: Project's Twitter
DeFi
According to Blockworks, the following are the top five DeFi protocols of 2023 based on revenue metrics, with data compiled from DeFiLlama as of December 13, 2023. 1. Maker - $95.91 Million Since 2022, Maker has diversified its revenue streams by investing in U.S. government bonds. The launch
DeFi
StarkWare, the development team behind Starknet, has partnered with Avail to enhance data availability for future projects building their own blockchains, known as appchains, on Starknet. Starknet Chooses Avail for Appchain Data Availability Solution Avail, a modular blockchain project spun off from Polygon, will provide data availability solutions for Starknet&
DeFi
EigenLayer has recently announced a partnership with AltLayer to introduce a new model called the Restaked Rollup. EigenLayer Introduces Restaked Rollup Model in Collaboration with AltLayer The Restaked Rollup model, proposed by AltLayer—a service provider specializing in Rollup as a Service (RaaS)—is supported and facilitated by EigenLayer. 1/