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DeFi
EigenLayer Lifts Staking Cap, TVL Soars Past $3B
Liquid restaking protocol EigenLayer has temporarily removed its 200,000 ether (ETH) staking cap, spurring a $750 million rise in total value locked (TVL) in a matter of hours. Data from DefiLlama…
EigenLayer restaking returns: investors discuss how to amplify gains
EigenLayer’s new ‘restaking’ window opens today at 8 pm (UTC), and users will be able to restake their Ethers (ETH) until Friday at the same time. In anticipation of the event, users on X are sharing…
Hashnote’s U.S. Treasuries Token Now Available Through Crypto Custodian Copper
Hashnote, a decentralized finance (DeFi) startup catering to compliance-conscious institutions, is offering its yield-bearing USYC token through Copper, the cryptocurrency custody firm chaired by…
DeFi Ponzi Schemes: Analyst’s Take on 2024 Restaking Industry & EigenLayer Airdrop
Crypto analyst Miles Deutscher expects the 2024 decentralized finance Ponzi narratives won’t reoccur despite the rise of the restaking industry. He adds, however, that the EigenLayer airdrop, which is…
Stop tokenizing everything
Tokenization, especially of real-world assets, has become one of the most discussed trends in DeFi — and it continues to gain momentum. According to research from Galaxy, the total value locked in…
Is Uniswap becoming more TradFi than DeFi?
Hayden Adams’ token swap service Uniswap claims to be a decentralized finance (DeFi) protocol, where holders of its UNI governance token can cast controlling votes on upgrades and changes. However, as…
This Crypto Needed Just 9 Months to Become a Top 10 DeFi Chain
Key takeaways: Sui Network has entered the top 10 decentralized finance (DeFi) rankings by total value locked (TVL) just 9 months after launching its mainnet. It currently has over $500 million in…
Vitalik Buterin Calls Friend.Tech Bad DeFi Amid Its Fall In 4 Months
Decentralized social media platform Freind.Tech, built atop Coinbase’s Layer-2 platform ‘Base’ is witnessing a major slowdown within just four months of creating a major market frenzy. However, within…
Unlocking DeFi: A PancakeSwap Review
What is Pancakeswap? How Does PancakeSwap Work? What is Slippage Tolerance on Pancakeswap? What is Pancakeswap Crypto? Is PancakeSwap a Profitable Investment? PancakeSwap Review: Token Swapping…
TVL on This DeFi Protocol Fell Over $150 Million in 24 Hours
Decentralized finance protocol Lybra Finance’s LBR native token experienced heavy price volatility during the past week as its major supporters dumped their assets. Lybra Finance, the creator of the…