DEFI
Decentralized Finance, DeFi as a concept is to be able to offer almost all the financial services available with legacy and centralized institutions, typically banks, but on the blockchain. Whatever traditional services financial institutions provide can be expected to be offered through DeFi. In short, Defi is blockchain-based financial services that traditional financial services map into, creating new services or derivatives stemming from blockchain's unique features. Although we have had concepts like distributed computing and decentralized computing for decades, DeFi is in fact a new concept and an expansion of the application scope of blockchain as infrastructure.
Blockchain.com Adds Perps Trading to Self-Custody Wallets
Blockchain.com users can now trade perpetual futures directly from self-custodied Bitcoin balances via integration with Hyperliquid.
DeFi Builder Queries 90 Lending Protocols With One GraphQL Query
PaulieB leverages standardized subgraphs and AI-driven MCP tech to query 90 DeFi protocols across 15 chains, simplifying DeFi data analysis.
Kelp Exploiter Launders $175M in Stolen Funds via THORChain, Umbra
Kelp DAO exploiter begins laundering $175M in ETH post $290M hack using decentralized protocols like THORChain. Arbitrum freezes 30,766 ETH.
Aave Proposes Two Paths to Handle $230M Bad Debt From Kelp DAO Hack
LlamaRisk outlines scenarios for allocating losses from the $293M Kelp DAO exploit, with Aave facing up to $230M in bad debt depending on Kelp's decision.
AAVE Token Crashes 20% as $293M Kelp DAO Hack Triggers $8B TVL Exodus
Aave loses $8 billion in TVL after hackers use stolen Kelp DAO funds as collateral, creating $195M in bad debt and freezing $5.1B in stablecoins.
RWA Composability Hits $2.7B as Credit Tokens Dominate DeFi Lending
Only 10% of $27B tokenized RWAs are actively used in DeFi, but credit assets now represent 82% of deposits. Here's where the capital is flowing.
SEI Holders Must Bridge IBC Assets Now as Network Kills Cosmos Support
Sei Network's v6.4 upgrade enables IBC transfer shutdown. Holders of USDC, USDT, ATOM, and WBTC on Sei must bridge assets out or risk losing access permanently.
BNB Chain Prediction Markets Hit $30B as Category Grows 4x
BNB Chain prediction markets added $10B in two months, reaching $30B cumulative volume. Bernstein forecasts $1T annual volume by 2030.
Just 1 of 150 Crypto Protocols Discloses Market-Maker Terms, Study Reveals
Novora research exposes massive transparency gap as only Meteora publicly shares market-making arrangements despite 91% of protocols generating revenue.
Sei Network Warns Solana USDC Holders to Bridge Out Before IBC Shutdown
Sei's v6.4 upgrade enables IBC transfer disabling as part of EVM transition. $245K in Solana USDC at risk if holders don't act before governance vote.
Algorand (ALGO) March Data Shows 22.6% User Surge as SEC Labels It Commodity
Algorand (ALGO)'s monthly active wallets jumped 22.6% in March while contract deployments rose 34%. SEC guidance now classifies ALGO as a digital commodity.
Fireblocks Launches Earn to Let 2,400 Institutions Access DeFi Lending
Fireblocks opens institutional gateway to Aave and Morpho lending protocols, targeting idle stablecoin balances after processing $6 trillion in 2025.
Fireblocks Launches Earn to Let Institutions Generate Yield on Idle Stablecoins
Fireblocks' new Earn product integrates Aave and Morpho protocols, letting institutional clients earn yield on stablecoin holdings with enterprise-grade controls.
Paxos Labs Secures $12M for Crypto Yield Platform Amplify
Blockchain Capital leads funding round as Paxos Labs expands Amplify platform offering yield, lending and stablecoin services through single SDK integration.
Sei's IBC Shutdown Puts $145K in Kava USDT at Risk
Sei Network users holding Kava USDT must swap or bridge assets before governance vote disables IBC transfers as part of EVM-only transition.