BTSE Dex 2.0 Launch Partnership
BTSE partners with Orderly Network to launch BTSE Dex 2.0, introducing cross-compatibility with EVM chains and over 50 perpetual futures. Nearly $1M in USDC token rewards available. $BTSE #DeFi
Defi
Zoth Secures $4M for Tokenized Liquid Note Launch
Zoth raises $4M to launch Tokenized Liquid Note, featuring U.S. Treasury Bills and corporate bonds. With over $100M originated and $200M in the pipeline, Zoth aims to digitize traditional assets on blockchain. Backed by Taisu Ventures and $G20. #Update
Lido Unveils Institutional Liquid Staking Solution
Lido launches Lido Institutional, a liquid staking solution for asset managers, custodians, and exchanges. With over $31B in crypto deposits, $LDO aims to solidify its lead in DeFi amidst new competitors. #Update #DeFi #Crypto
Aave Breakout or Pullback: Key Insights Revealed
Aave ($AAVE) surged 64.7% in a month but faces resistance at $115. Key levels: support at $80, critical Fibonacci at $143.09. Technicals suggest overbought conditions, potential pullback. RSI nearing 70. Close watch on $115 breach. #Update
Aave Soars 10% Driven by Whale Activity
Aave’s price surged 10% to $116.22, driven by whale activity and the launch of Aave V3.1. Over $6.47M in $AAVE moved off exchanges, boosting its market cap to $1.725T and total value locked to $12.63B. #Update
DeFi TVL Surpasses $100B Milestone
“DeFi TVL surpasses $100B, led by $LDO staking surge to $38.7B. Bitcoin ETFs draw $28B, boosting market optimism. #DeFi growth reflects strong retail and institutional interest. #Update”
Pre-Market Trading Launch Boosts BingX Liquidity
BingX launches pre-market trading, offering early access to new crypto assets like $HMSTR and $CATI. Enhanced liquidity aims to attract 10M+ global users. #CryptoUpdate
Read more: https://coingape.com/bingx-announces-pre-market-trading-enhances-liquidity/
Aave V3 Integration Enhances sUSDe Accessibility
“Skywards proposes integrating Ethena’s synthetic dollar, sUSDe, into $AAVE V3 on Ethereum. Managed by Chaos Labs with CAPO Oracle price feeds, this move could revolutionize DeFi. #Update #DeFi”
Ethereum Restaking Now Second Largest DeFi
Ethereum’s EigenLayer becomes the second-largest DeFi protocol with $12.4B TVL. Validators can earn extra rewards via Liquid Restaking Tokens (LRTs). New AVS EigenDA launches in Q2 2024. #Ethereum $ETH #Update
Osmosis Envisions Cosmos as Bitcoin’s DeFi Layer
Sunny Aggarwal (@sunnyaggro) discusses building Bitcoin’s application layer through @cosmos in @SlateCast episode. Osmosis governance voted Axelar ETH as the canonical ETH to address liquidity issues and enhance user experience. #DeFi #Update
Binance Labs Backs Liquid Staking Protocol
“Binance Labs invests in liquid staking protocol aPriori, leveraging MEV on the Monad blockchain. The $10M funding aims to boost security, optimize performance, and drive blockchain innovation. #Blockchain $BNB #Update”
Uniswap Foundation Unveils Assets Pre-Vote
“Uniswap Foundation reveals $41.41M in assets, proposes new fee mechanism; $UNI up 12.31% to $11.29. On-chain voting by May 31 to decide. #DeFi #Update $UNI”
Ether ETF Launch: Nomura Adds Staking
“Nomura’s Laser Digital to launch high-yield $ETH ETF with staking options in September. Supported by Galaxy Digital and Dinero, targeting institutional investors for higher returns. #CryptoInvestment #Update”
Liquidity Restaking Tokens Surge 8,300% Amid Demand
Liquidity restaking tokens (LRTs) market surges 8,300%, hitting $14B as investors seek efficient financial tools. @Ether_fi leads with 50% market share. Centralized solutions like @LidoFinance staked $33B, raising centralization concerns. #CryptoNews