#DEFILLAMA News

Solana Exceeds Ethereum in Monthly Trading Volume for First Time, But Not When Ethereum’s L2s Are Included

unchainedcrypto.com Solana has won the top belt as the blockchain network with the largest share of monthly trading volume from decentralized exchanges so far. However, when the volumes for…

Lightspeed Newsletter: Jito is building a restaking product

blockworks.co Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Howdy! Happy Friday…

Arbitrum proposes expanding Orbit Chain beyond Ethereum

cryptoslate.com Arbitrum’s Decentralized Autonomous Organization (DAO) is reviewing a proposal to expand the network’s Orbit Chain to other blockchains beyond Ethereum. Expansion program In…

Why Is Aave Coin Price Soaring Today?

coingape.com AAVE, the native cryptocurrency of the Ethereum-based decentralized custodial platform Aave, has staged a strong recovery surging past $100 today. As of press time, the AAVE…

Solana Price Aims for $220 After 15% TVL Surge In July

coingape.com Solana price is up 6% on Friday amid calls to sustain the uptrend eyeing a breach of the $200 resistance before August. Trading has been volatile this week following the…

Best Crypto to Buy Now July 25

cryptonews.com As major cryptos nurse losses while they attempt to recover from earlier session lows on worries related to the ongoing tech-led drop in US equity markets, a steepening US…

EigenLayer Outflows of $2.3B Signal Restaking Sector Slide

coindesk.com None Total value locked on EigenLayer has dropped by 13% to $15.1 billion in the past 30 days, even though ether is trading at a similar level to June. • None Outflows can…

Faces Sharp Decline in Network Activity, TVL Hits Year-to-Date Lows

coinspeaker.com Faces Sharp Decline in Network Activity, TVL Hits Year-to-Date Lows ZkSync (ZK), a prominent Layer 2 (L2) solution for Ethereum, is grappling with a significant decline in…

Yona Network Integrates Neon For EVM and SVM Compatibility On Bitcoin

thedefiant.io Yona Network integrated the Neon Stack to combine EVM-compatibility with its Solana Virtual Machine. On July 25, Yona announced it had integrated Neon Stack the tech stack…

End Of The Road? Shiba Inu’s Shibarium Sees Massive 80.3% Crash In Active Accounts

newsbtc.com The Shibarium network, an Ethereum Layer 2 network that was developed and launched by the Shiba Inu team, did well following its initial launch in August 2023. However, less…

First Mover Americas: Bitcoin Slides After Wednesday's Tech Rout

coindesk.com The aggregate market capitalization of the stablecoin sector, which includes hundreds of coins, jumped to over $164 billion for the first time since the collapse of Terra in…

Stablecoin Market Cap Surge to $164B after Year-Long Strain

coinspeaker.com Coinspeaker Stablecoin Market Cap Surge to $164B after Year-Long Strain The stablecoin market has seen a resurgence after several months of staying stagnant. The sudden…

Stablecoin Market Cap Jumps to $164B After Months of Stagnation

coindesk.com None Expansion of the stablecoin market is bullish for the broader crypto ecosystem. Stablecoins, which serve as a funding source for many crypto trading strategies, are…

Solana’s Growth Metrics, Including Stablecoin Supply, Continue to Take Off

unchainedcrypto.com Solana, the fifth largest cryptocurrency by market cap, has seen significant growth across several metrics this year, including total value locked, stablecoin supply, active…

Base Network Pushes for Stage 1 Decentralisation

coinjournal.net Coinbase’s layer 2 chain, Base, begins the journey to Stage 1 Decentralisation by deploying fault proofs on the Base Sepolia testnet. The Base network is centralised as only…

Solana’s Solend Rebrands to Save and Announces Plans to Launch Stablecoin

thedefiant.io Solend, now Save, said it wants to launch a native stablecoin, a liquid staking token, and a protocol for shorting memecoins. Solana lending and borrowing platform Solend is…

Blast protocol MonoSwap announces hack with link to attacker’s website

protos.com MonoSwap, which describes itself as a “Blast native liquidity space” announced via its X account that it has been hacked. The post announcing the hack details how a…

RiskLayer Gains Investment for Developing DeFi Security Middleware on EigenLayer

beincrypto.com RiskLayer has announced its Builders Round, co-led by Antler and Momentum6, to develop a DeFi Security Middleware on EigenLayer. This initiative addresses key economic…

Empire Newsletter: What the sale of dYdX software would mean for DeFi

blockworks.co Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter. 💎 Perpetual means forever…

Jeff Garzik’s Hemi Network Brings EVM Execution To Bitcoin

thedefiant.io The project introduces the Hemi Virtual Machine and leverages Proof-of-Proof consensus to inherit security from Bitcoin. Jeff Garzik, a former Bitcoin core developer who…

Road To $200: Crypto Pundit Reveals Key Levels To Watch For The Solana Price

newsbtc.com is currently one of the high-flyers in the crypto market. The crypto token recently recorded one of the most gains following the market-wide rebound. Crypto analyst Rekt…

dYdX’s website compromised in latest DNS attack targeting DeFi protocols

dlnews.com DeFi exchange dYdX is the latest DeFi project whose website has been compromised. On Tuesday, the DeFi perpetual exchange reported that the web front end for its v3 protocol…

DYdX in talks to sell derivatives trading software to crypto market makers

cryptobriefing.com DYdX Trading Inc. is in negotiations to sell its v3 derivatives trading software to a consortium of leading crypto market makers, including Wintermute Trading Ltd. and…

Franklin Templeton invests in Bitlayer’s $300M-valued Bitcoin infrastructure

cryptoslate.com Bitlayer, a Bitcoin layer-2 network, has raised a total of $16 million, including $11 million in its Series A funding round at a $300 million valuation, according to a July…

Channel Breakout In CORE DAO Paints A Target At $3

thecryptobasic.com CORE DAO records a near 80% rally within three weeks, having completes a V-shaped reversal, with the bulls looking to sustain the run for a push toward $3 this week. Amid…

As Base hits THIS major milestone, how it compares to other L2s

ambcrypto.com None Its transaction count was around 4 million. Base recently experienced a significant uptick in daily transaction count, reaching a notable milestone that suggested…

Soars To New Levels: IOG Unveils Explosive Growth In Key Metrics

newsbtc.com In a recent weekly report by Input Output Global (IOG), the engineering development company behind Cardano (ADA), significant growth for the blockchain has been unveiled.…

Solana DEX Volume Surpasses Ethereum, BNB Chain, Boosting Bullish SOL Predictions

beincrypto.com Solana’s (SOL) stronghold this cycle has not been limited to its price; data shows that other parts of the ecosystem continue to dominate the market. The latest one observed…

Solana ETF Hopes, Rising Fundamentals Are Driving SOL Prices Higher, Traders Say

coindesk.com None Increased transactional activity on Solana-based applications and a surge in the total value locked (TVL) on the network have contributed to Solana's recent…

Solana Price Analysis: Momentum Builds Towards $200 as TVL Exceeds $5 Billion Mark

coingape.com Amid the weekend consolidation in the crypto market, the Solana price analysis shows a short dip of $0.77% to trade at $172. The pullback is set to retest the triangle…

Cardano DeFi TVL Jumps 20% As Hydra Prospects Enters Spotlight

coingape.com A new Hydra update has triggered an uptrend in the Cardano Decentralized Finance (DeFi) Total Value Locked (TVL). Cardano DeFi TVL Prints Visible Rebound Data from DeFiLlama…

Web3 Watch: Polymarket enters the spotlight amid turbulent week in politics

blockworks.co This week was a crazy one in US politics, which had all kinds of implications for crypto markets, it turns out. Maybe the biggest winner amid all the turbulence is…

Ethereum Mixer Tornado Cash Has Received Almost $2 Billion in 2024 Despite Sanctions

decrypt.co In the first six months of 2024, more than $1.9 billion has been deposited onto Ethereum mixer Tornado Cash (TORN). Although things have slowed down in July—the protocol has…

Crypto losses to hacks and exploits double in first half to $1.4bn, researchers say

dlnews.com Twice as much money was stolen in hacks and exploits during the first half of 2024 as in the same period a year earlier, as a few big attacks and rising crypto prices drove…

Telegram introduces store for mini apps as games like Hamster Kombat take off

theblock.co Telegram CEO Pavel Durov has announced plans to bolster the messaging app's blockchain-related initiatives. Durov posted in his Telegram channel that "2024 will go down in…

Solana Can Further Rally This Weekend: Report

coingape.com Over the past week, the Ethereum Layer-1 competitor Solana has registered healthy gains rallying by nearly 25% and surging all the way past $170. Analysts are bullish…

Ethereum DeFi Platform Recovers $7.6 Million After Complying With Exploiter’s Demands

decrypt.co The decentralized finance (DeFi) protocol Rho Markets informed users Friday that $7.6 million worth of compromised user funds are now flowing back into the lending platform.…

Scroll-based DeFi lending protocol halts operations amid investigation over $7.5m hack

dlnews.com Rho Markets, a $43 million DeFi protocol on the Scroll blockchain, was forced to halt its operations amid a security incident that drained millions from its coffers On…

ZetaChain Aims to Push Cross-Chain Interoperability Envelope With Gateway Upgrade

thedefiant.io Gateway allows users to access dApps hosted on supported third-party networks from ZetaChain. ZetaChain is seeking to push the envelope of cross-chain interoperability with…

Ether.Fi Releases Season 2 of its ETHFI Token Airdrop

thedefiant.io The liquid restaking protocol is now starting the third phase of its campaign to distribute $ETHFI to users. Ether.Fi, the largest liquid restaking protocol by total-value…

Lido DAO Price 20% Rally Holds As Staking TVL Rises Reaching $34B

coingape.com Lido DAO price has seen a significant surge over the past 24 hours, indicating bullish sentiment among investors. However, the market has experienced some volatility over…

Liquidium’s $2.75M seed round aims to bring Aave-like experience to Bitcoin

cryptoslate.com Liquidium, a lending platform, has raised $2.75 million in a seed round to establish itself as a leading DeFi hub in the Bitcoin ecosystem. Investors in the round include…

How a hacker just stole $235m from Indian crypto exchange WazirX

dlnews.com WazirX, one of India’s leading centralised crypto exchanges, has lost almost half its total assets after it was hacked Thursday morning. “We’re aware that one of our…

to launch teleport Bitcoin bridge

coinjournal.net The Open Network announces plans to launch a bridge to get Bitcoin onto the TON blockchain, The bridge will allow Bitcoin to be used for DefI purposes in the TON ecosystem.…

Grayscale launches new fund indexed to five AI tokens

cryptobriefing.com Grayscale Investments has launched the Grayscale Decentralized AI Fund LLC to expose investors to protocols combining artificial intelligence (AI) and decentralization. The…

OKX Enlists TON as Its 100th Mainnet Blockchain Integration

coinspeaker.com Coinspeaker OKX Enlists TON as Its 100th Mainnet Blockchain Integration The OKX exchange has bagged its 100th mainnet blockchain integration with The Open Network (TON).…

Kayen, the First Sports-Fi Protocol Powered by Chiliz, Launched Kayen DEX and Airdrop League Campaign

beincrypto.com Kayen, powered by the largest SportFi chain Chiliz, is onboarding sports fans on-chain through Defi fan token utility. The crypto narrative is rapidly shifting from…

Layer 2 Crypto Projects LINK, MATIC, ARB To Go Flying In July

coingape.com The Layer 2 Crypto Projects LINK, MATIC, and ARB have recently demonstrated significant gains, signaling a robust recovery in the market. Each of these tokens represents…

Starknet Integrates Pyth Network as Oracle Provider

thedefiant.io Developers can now access over 500 real-time price feeds sourced from financial institutions. Ethereum Layer 2 network Starknet has added Pyth Network as an oracle provider.…

Price Surges 40% as $240M TVL and Ethereum ETFs Emerge Bullish Catalysts

thecryptobasic.com has experienced a significant price surge, trading at $0.44, up 40% over the last ten days, fueled by several internal and external factors that are generating renewed…

Scroll’s TVL Surpasses $1 Billion, Outperforming All Other Ethereum Layer 2s

cryptonews.com Scroll’s total value locked (TVL) has surged past $1 billion, outpacing all other Ethereum Layer 2 (L2) solutions. The impressive growth has seen Scroll’s TVL more than…

5 XRP Rivals Turning $1,000 Into $10,000 By December

coingape.com The cryptocurrency market showcases several potential giants set to XRP rivals. Solana (SOL), Binance Coin (BNB), Toncoin (TON), Cardano (ADA), and Avalanche (AVAX) are…

Whale Makes $8M With TRUMP Memecoin As PolitiFi Tokens Soar

newsbtc.com The Trump-inspired tokens surged around 40% following Donald Trump’s assassination attempt. As a result, PolitiFi tokens closed the week, outperforming most categories in…

Scroll TVL Soars Past $1 Billion

thedefiant.io The Ethereum Layer 2 network is outperforming the rest of the sector, driven by its ‘Session One’ points program. Scroll’s total value locked (TVL) is growing faster than…

Solana can hit $1000 during its next bull run, but on some conditions

ambcrypto.com None Experts projected that SOL could hit $1000, supported by strong buying pressure. • None SOL recovered to $150 at press time, with the potential to reach 50% of ETH’s…

EOS crypto rallies 12% in 7 days: Will the token reach $1?

ambcrypto.com None EOS has moved closer to its immediate resistance. • None The volume on the network is yet to catch up with the increased TVL. EOS [EOS] crypto has shown notable gains…

DeFi Protocols Such as Lido Are Generating More Fees Than Layer 1 Blockchains

unchainedcrypto.com In what’s become a growing trend, some decentralized protocols are now earning more in fees than their base layer networks. According to Ethan Francis, the head of protocol…

Solana Dominating Ethereum: SOL Analyst Now Targets $1,000

newsbtc.com Following Bitcoin and other altcoins like Ethereum, Solana is edging higher, clawing its way back after sharp losses in June. Even though the buyers are yet to reclaim the…