DeFi

DeFi, short for decentralized finance, represents a shift in the financial sector by leveraging blockchain technology, primarily Ethereum, to eliminate traditional financial intermediaries. It enables various financial applications, from simple transactions to complex contracts, through smart contracts that execute automatically under specific conditions. Key DeFi applications include decentralized exchanges (DEXs), stablecoins, lending platforms, and prediction markets. DeFi offers financial services like loans and interest-earning opportunities without traditional identity verification, relying instead on collateral, usually in cryptocurrency. This innovative sector promises increased accessibility and efficiency but comes with risks, such as market volatility and unregulated projects.


Finance

Bitcoin DeFi Network Arch Finds VC Backer for Early-Stage Projects

Arch Network is working with DPI Capital to write first checks for "pillar" protocols building on the Bitcoin DeFi project.

Bitcoin DeFi Network Arch Finds VC Backer for Early-Stage Projects

Finance

How DeFi 'Defied' Market Carnage as Traders Poured Millions Amid Panic

The DeFi sector showed resilience this week as inflows and volumes increased.

(Mark Basarab/Unsplash)

Markets

DeFi Borrowing Demand Plunges as Crypto Traders Deleverage Amid Market Turmoil

The total value of borrowings on large DeFi platforms like Aave and Morpho has sharply dropped from the mid-December peak, as investors scrambled to reduce outstanding debt or got liquidated.

(Christian Dubovan/Unsplash, modified by CoinDesk)

CoinDesk Indices

Unlocking Private Credit’s Potential: How Tokenization Brings DeFi Innovation to Traditional Finance

DeFi’s ethos — permissionless access, composable assets and real-time settlements — are a perfect solution to private credit’s most significant pain points.

Subway pedestrians

Finance

LatAm Exchange TruBit Taps Crypto Lending Platform Morpho for DeFi Earn Offering

A better user experience can be created by having fintech at the front and DeFi at the back, also known as a “DeFi mullet.”


Finance

Abracadabra Drained of $13M in Exploit Targeting Cauldrons Tied to GMX Liquidity Tokens

The attack targeted pools tied to GMX liquidity tokens, specifically “cauldrons” using GM tokens as collateral.

Glasses in front of monitors with code (Kevin Ku/Unsplash)

Tech

Hyperliquid Eases Token Transfers for DeFi With Integration Between HyperCore and HyperEVM

Moving assets between blockchains or within their layer 2 services isn’t always seamless, but Hyperliquid’s update makes the process easy for users and developers.

Liquid.  (smoms_photography/Pixabay)

Tech

World Liberty Financial-Labeled Tokens Spark Speculation of Trump-Backed Project's Stablecoin Launch

The World Liberty Financial USD token was deployed on Ethereum and BNB Chain earlier this month, and addresses linked to Wintermute and BitGo interacted with the token.

Donald Trump (BarBus/Pixabay)

Finance

Blockdaemon Acquires DeFi Connectivity Firm Expand to Bring Institutions to Web3

expand.network provides API access to DeFi, enabling connections to over 170 endpoints, including DEXs, bridges, lending protocols and oracles.

CEO Konstantin Richter (Blockdaemon)