DeFi & Ethereum News

2024-05-03 18:52:01 dWallet Network Bringing Native Multi-chain DeFi To Monad

dWallet network brings native multi-chain capabilities into Monad via their recent partnership. Integrating dWallet and Monad gives developers within Monad access to high-tech tools. These tools can be utilized to create native multi-chain defi applications. This integration allows you to access different blockchain protocols within the Monad ecosystem.

Source

https://t.me/DeFi_Ethereum Open / Comment

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2024-05-03 10:25:17 Total number of Uniswap wallets more than doubles in the past year

The total number of wallets on the decentralized exchange (DEX) Uniswap skyrocketed from 3.03 million in May 2023 to 7.26 million in May 2024—an increase of approximately 140%, according to Dune Analytics data. Uniswap's rise in swappers coincides with other records on the platform. On Apr. 5, Uniswap surpassed a historic $2 trillion in cumulative trading volume. The DEX is also the largest by total value locked at $5.31 billion, with PancakeSwap coming second at nearly $2 billion.

Source

https://t.me/DeFi_Ethereum Open / Comment

2024-05-02 20:25:24 DeFi lending giant Aave unveils V4 protocol overhaul

Aave Labs, the firm behind the decentralized finance (DeFi) lending protocol Aave has outlined a proposal for an upgrade and evolution of its protocol as part of a five-year roadmap. The proposal also includes “major upgrades and expansions,” to the Aave Network, a cross-chain liquidity layer, non-Ethereum Virtual Machine (EVM) layer-1 deployments, and a “fresh new visual identity,” the team stated.

Source

https://t.me/DeFi_Ethereum Open / Comment

2024-05-02 09:25:17 DeFi’s total value locked falls $10 billion in April

The total value locked (TVL) on decentralized applications fell $10 billion in April, according to data aggregator DefiLlama. That’s a 7% drop in 30 days, as the decentralized finance (DeFi) ecosystem closed last month with $138.6 billion, including liquid staked amounts.

Source

https://t.me/DeFi_Ethereum Open / Comment

2024-05-01 22:24:58 Cross Finance Announces DeFi Conferences in Vietnam to Showcase Innovative Products

Cross Finance, a next-generation digital ecosystem of cutting-edge payment solutions, is excited to announce two DeFi conferences «CrossFi changes everything» coming to Hanoi and Ho Chi Minh in May. The conferences aim to present Vietnamese users and partners to CrossFi APP, Cross Finance's non-custodial web3 banking app, as well as demonstrate the full range of CrossFi products and services. About 3,000 people will attend the conferences.

Source

https://t.me/DeFi_Ethereum Open / Comment

2024-05-01 09:24:58 Uniswap enables crypto purchases via Robinhood Connect

Uniswap users can now use Robinhood Connect to buy cryptocurrencies using funds from Robinhood, a debit card or via bank transfer. Robinhood Connect became available this week to users on the Uniswap mobile app, the decentralized exchange (DEX) said Monday in a statement. The service is one of three providers enabling crypto purchases on Uniswap, joining Coinbase Pay and Moonpay, according to the protocol.

Source

https://t.me/DeFi_Ethereum Open / Comment

2024-04-30 20:24:58 dWallet Network Integrates Native Multi-Chain DeFi with Monad

Monad ecosystem developers will be use dWallet Network to create natively multi-chain DeFi applications. According to the official press release shared with CryptoPotato, within the Monad ecosystem, dWallet Network plans to enable developers to leverage decentralized building blocks for creating DeFi applications across multiple chains without collusion and with high decentralization.

Source

https://t.me/DeFi_Ethereum Open / Comment

2024-04-30 07:42:01 Jellyverse Joins Sei Network to Bring DeFi 3.0 to Mainstream

Decentralized finance (DeFi) promises to revolutionize traditional finance by eliminating intermediaries and providing greater financial inclusion. However, it still faces challenges such as scalability and integration of real-world assets. This collaboration marks a milestone as Jellyverse becomes one of the first decentralized exchanges (DEXes) to utilize the Sei Network, specifically as the official fork of the well-known Balancer protocol.

Source

https://t.me/DeFi_Ethereum Open / Comment

2024-04-29 20:42:01 Lido Finance hits 1M validators, fueling the growth of DeFi

Liquid staking protocols like Lido Finance make staking more accessible for retail users with limited capital, who would otherwise need 32 Ether (ETH $3,181) to run their own validator nodes on Ethereum. Lido Finance accounts for the majority (28.5%) of staked Ether, while 13.6% is staked through the Coinbase exchange, according to Dune data. Over 27% of all the Ether supply is currently being staked.

Source

https://t.me/DeFi_Ethereum Open / Comment