DeFi
In-depth research, opinions, and analysis of DeFi trends.
Multi-Chain DeFi Platform Krystal Now Supports Solana Network
<p>Key Points: DeFi services on Solana are officially supported by the multi-chain DeFi platform Krystal. Users can manage their portfolio, transfer and receive assets, and exchange on Solana through the swap aggregator Jupiter Aggregator. SmartSwap and other integrated DEXes will also be introduced. Krystal has previously supported Solana on its Launchpad, KrystalGO. The integration of</p>
Fantom’s DAUs Growth Over 40% Last Year
<p>Key Points: Andre Cronje, who had returned to the Fantom Foundation in November as an architect, posted a performance evaluation of Fantom (FTM) in 2022 on December 24. According to information from FTMScan that Cronje published, between 2021 and 2022, the yearly growth of daily transactions on the Fantom network reached 131%. The network’s yearly</p>
The Graph Migrates Its Billing Contract To Arbitrum
<p>Key Points: Protocol for decentralized indexing in order to speed up transactions and lower costs, The Graph stated that its billing contract had been moved to Arbitrum. The fees for subgraph queries on the Arbitrum network are now paid by users. Indexers are node operators in The Graph Network that stake Graph Tokens (GRT) in</p>
Orthogonal Trading Temporarily Liquidated Because A Loan Payment Of $36 Million
<p>Key Points: The British Virgin Islands courts have placed the digital asset trading company Orthogonal Trading under provisional liquidation after it became insolvent following the abrupt collapse of FTX. Following Orthogonal Trading’s $36 million default on loans from lending pools operated by M11 Credit using the decentralized finance protocol Maple Finance earlier this month, the</p>
The Nomad Bridge Is Now Relaunched
<p>The Nomad Bridge Is Now Relaunched</p>
DeFi Structured Product Pods Closes $5.6 Million Seed Round
<p>Key Points: In order to develop structured products for crypto assets, DeFi Structured Products Pods secured a $5.6 million seed round earlier this year. Investors in the funding included IOSG, Tomahawk, Republic, Framework Ventures, 4RC, and other firms. Rafaella Baraldo, Founder and CEO of Pods, said: “At Pods, we are proud of what we have</p>
Mojito Markets Pauses Protocol Development After FTX Crisis
<p>Key Points: The consequences that FTX and Alameda, the failed institution of Sam Bankman-Fried, left on the market are still very heavy. Mojito Markets is one of the names on this list. DEX protocol for the Aptos ecosystem due to the effects of the FTX crash, the loss of project money that were in FTX’s</p>
PancakeSwap Launching First Liquidity Pool On Aptos
<p>PancakeSwap has launched the first liquidity pool on the Aptos network. Currently, liquidity mining can support all major trading pairs. Including CAKE-APT, CAKE-lzUSDC and CAKE-celUSDC and more, more trading pairs will be added in the future. As updated in an earlier Coincu News article, a few weeks after the initial rollout on Aptos, The largest</p>
Expirable Contracts Protocol Contango Lives On Arbitrum
<p>Contango, a DEX that allows expirable contracts, has announced its Arbitrum Beta launch. It now offers three trading pairings, ETH/DAI, ETH/USDC, and DAI/USDC, as well as two maturities. Contango attempts to provide expirable contracts without an order book or liquidity pools, allowing traders to purchase or sell assets at a future date and price. When</p>
Curve Finance Will Soon Be Integrating With zkSync 2.0 Mainnet
<p>Curve Finance will launch on zkSync’s mainnet, marking the company’s first foray into new technology for Ethereum scalability and privacy, known as a ZK-rollup. Curve Finance will begin developing on zkSync during its Fair Onboarding Alpha phase, when protocols may begin to be built on the network. “zkSync have cracked the problem of Ethereum scaling</p>
Hardware Wallet Ledger Now Integrated With Yearn
<p>Yearn is now linked with the hardware wallet Ledger, allowing users to see the greatest risk-adjusted returns in DeFi directly from the hardware wallet. Furthermore, users may access and deposit funds directly into the Yearn vault using the app’s find page in the Ledger Live app, or they can install the Yearn plugin directly on</p>
ENS DAO Elects The Stewards For Working Groups
<p>Members of the Ethereum Name Service Project’s decentralized community, ENS DAO, are now voting to elect persons to run smaller groups inside the DAO beginning next year. The purpose of the ENS DAO vote is to choose stewards for four working groups. DAO members vote by picking their favorite candidates from a pool of persons</p>
Uniswap Foundation Proposed Changes To Community Governance Process
<p>The Uniswap Foundation is putting a series of governance amendments to a vote, claiming that they will simplify voting in the decentralized autonomous organization that operates Uniswap. According to a forum post by Devin Walsh, the foundation’s executive director, Uniswap community members will be able to vote on a reorganization package that would increase the</p>