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.
Base MCP Links AI Agents Like ChatGPT to Blockchain Actions
Base MCP enables AI agents like ChatGPT to execute blockchain transactions, marking a step forward in integrating AI with DeFi and onchain wallets.
Grvt Partners With Plume to Launch Tokenized RWA Yield Funds
Grvt integrates three tokenized yield funds with Plume, offering institutional-grade RWA exposure via its trading platform.
Phantom Wallet Earns $20.6M as Top Hyperliquid Builder
Phantom leads Hyperliquid builders with $20.6M in revenue, capturing nearly one-third of fees generated by top decentralized trading apps.
Kelp DAO Restores rsETH After $293M Hack, Completes Recovery
Kelp DAO fully restores rsETH backing after a $293M hack. Key recovery milestones and implications for Aave and DeFi.
BNB Chain Prepares for AI-Driven Finance with ERC-8004 Agents
BNB Chain hosts 44.5% of ERC-8004 AI agents, signaling its growing role in handling identity, payments, and accountability for the AI agent economy.
Injective (INJ)Launches Policy Institute to Shape DeFi Regulation
Injective (INJ)debuts the Injective Policy Institute to influence U.S. regulatory frameworks for DeFi, onchain derivatives, and stablecoins.
Chainlink (LINK) Expands Privacy Tools Amid Rising Institutional Adoption
Chainlink (LINK) unveils privacy features via its Runtime Environment, targeting institutional DeFi and compliance workflows. LINK price at $9.61, up 0.84%.
Syndicate Labs Shuts Down as Ethereum Rollup Market Consolidates
Syndicate Labs closes after five years, citing shrinking rollup market dominated by Arbitrum and Base. SYND token plunges 21% post-announcement.
$4B DeFi Exodus to Chainlink (LINK) Amid Security Concerns
Over $4 billion in DeFi value has migrated to Chainlink (LINK)’s CCIP following security incidents, solidifying its role as a cross-chain infrastructure leader.
Pump.fun Powers 36% of Solana's Q1 Revenue Despite Memecoin Dip
Pump.fun generated $124.7M in Q1 2026, driving over a third of Solana's app revenue despite a broader slowdown in memecoin activity.
Echo Protocol Exploited for $76.7M in Admin Key Hack
Echo Protocol loses $76.7M via admin key exploit, highlighting 2026's rising DeFi vulnerabilities as attackers target eBTC on Monad.
Aave Restores WETH Borrowing After $195M Kelp DAO Hack
Aave reopens WETH borrowing, marking progress in recovery from the $195M Kelp DAO exploit that caused an $8B TVL drop.
THORChain (RUNE) Launches Refund Portal After $10M Exploit
THORChain confirms $10M hack affecting 12,847 wallets. Recovery portal live for claims; treasury-backed refunds available until June 4.
THORChain (RUNE) Halts Trading After $10M Exploit, Token Drops 13%
THORChain paused trading after a $10M multi-chain exploit flagged by ZachXBT. RUNE fell 13% as investigations begin.
New Institutional Yield Product Hits $400M on Solana (SOL)
Ethena's yield markets on Solana reach $400M in 3 days, signaling institutional DeFi momentum with curated risk management.