DeFi
Summary TLDR: Gnosis Chain is a proof-of-stake blockchain that is fully compatible with Ethereum. It activated the Dencun hard fork to scale Ethereum through layer-2 networks.…
Summary TLDR: Solana MEV startup Jito Labs suspends mempool functionality due to increased sandwich attacks. This decision has mixed responses from industry participants. Without Jito’s mempool,…
Summary TLDR: The native token of Solana-based DEX aggregator Jupiter surged after the platform introduced an incentivized voting mechanism for community members to choose which tokens…
Summary Nirvana Labs is launching Nirvana Cloud for blockchain workloads, aiming to attract Web3 projects from general cloud providers like AWS and Google Cloud. The company…
Summary TLDR: A report by Flipside Crypto shows that over 637 million EVM smart contracts have been deployed on layer-2 blockchains since January 2022. DeFi smart…
Summary Wormhole is planning an airdrop of its new native currency, W tokens, to expand its ecosystem. The airdrop will allocate 617 million tokens to support…
Summary Polymer has launched the Polyverse Testnet to address blockchain interoperability issues, with three phases to incentivize developers and promote decentralized apps. Unlike traditional interoperability protocols,…
Summary TLDR: Lending platform Euler will launch Euler v2 in the second quarter, featuring a modular design with new tools for developers. The update aims to…
Summary TLDR: EigenLayer’s TVL has surpassed Aave’s after removing deposit caps. There’s debate on whether staking assets should be included in TVL, as it can inflate…
Summary TLDR: Bernstein notes that DeFi applications are now dominating the top revenue-generating protocols, with six out of the top 10 being DeFi apps. The previous…