DeFi

Stacks hits an all-time high with over 150 million STX locked in DeFi applications. Bitflow emerges as a key liquidity hub on Stacks with advanced trading features. DeFiLlama just revealed that over 150 million locked STX is the all-time high for Total Value Locked (TVL) in Stacks decentralized finance (DeFi) apps. This important turning point emphasizes how Stacks’ DeFi ecosystem is being adopted and trusted more and more. With Bitflow bringing several improvements based on the successful models from Ethereum’s…

Solana innovators and users can now access Wrapped Bitcoin on the Layer-1 through Wormhole. This integration is one of many that Wormhole has facilitated, fueling diversity in the memecoin market. Bitcoin has found a new home as Wrapped Bitcoin (WBTC) goes live on the Solana ecosystem, with Wormhole acting as a bridge. As noted in a series of X posts, the collaboration opens up possibilities for the Decentralized Finance (DeFi) applications built on Solana. WBTC Via Wormhole Extends Functionality to…

Singapore, Singapore, June 25th, 2024, Chainwire Cega, a leader in DeFi structured investment products, is thrilled to announce the launch of its latest offering—Shark Fin vaults.  Cega aims to address a gap in the market for conservative investors and DeFi lenders that want to outperform existing lending rates, while protecting their principal and maintaining a delta-neutral profile. The “Bull Shark'' vaults deliver on both these objectives. In addition, Cega supports deposits of native assets or staked assets for investors looking…

Blockchain advisory startup Hermetic Labs said today it’s ready to provide urgent and much-needed assistance to organizations looking to participate in the rise of Web3. It has just launched its blockchain consultancy service, with the aim of helping companies and individuals navigate the headache-inducing complexities that characterize the crypto industry.  Hermetic Labs is led by Milana Valmont, who previously founded Kira Core, a hypermodular DeFi ecosystem startup that’s building a unified infrastructure stack for decentralized financial applications such as “staking-as-a-service”. She…

Burak, known for his work with the Lightning Network, introduces Brollups, a new Bitcoin layer 2 solution. Brollups aim to enhance Bitcoin’s DeFi capabilities without needing a hard fork or new token. Bitcoin developer Burak, renowned for his exploits with the Lightning Network, has unveiled a groundbreaking layer 2 solution named “Brollups.” This innovation is designed to support over 90% of decentralized finance (DeFi) use cases, such as NFT sales and token trades on decentralized exchanges (DEXs), without requiring a…

The post Major Trader Who Predicted Avalanche & Chainlink’s Growth Now Focuses on This New DeFi Project appeared first on Coinpedia Fintech News A top trader who rightly forecasted Avalanche (AVAX) and Chainlink’s (LINK) surges now pays close attention to another DeFi project – DTX Exchange (DTX). This new entrant in the DeFi market is in Stage 2 of its presale, but many experts remain bullish about its long-term growth. They have it pegged as the next 100x DeFi coin…

With JASMY’s and BRETT’s current bullish trend from whale activities, crypto investors have begun their search for other crypto coins with the tendency of replicating their market performance.  They seem to have chosen RCO Finance, a DeFi gem known for its AI-powered tool—the Robo Advisor, which helps investors optimize their portfolios and make massive returns. But what’s attracting whales to RCO Finance? Keep reading to find out!  AI-Powered, Seamless Crypto Investments Assured On RCO Finance With its innovative AI-powered Robo…

The post Ethereum DeFi Sector Poised for Strong Growth, Says Legendary Analyst appeared first on Coinpedia Fintech News Renowned analyst and co-founder of Syncracy Capital, Ryan Watkins, has identified a significant opportunity in the Ethereum DeFi sector, suggesting that current market conditions present the strongest setup for DeFi since 2020.  His analysis highlights the potential for a surge in Ethereum’s decentralized finance ecosystem. But the big question is when DeFi will become too profitable to ignore. DeFi Sector on The…

Binance Labs announces to have invested in Rango exchange in the second round of the investment program with the participation of Nomad Capital and Foresight Ventures. Rango is handling more than two million daily swap quotes which involve 600K unique wallet addresses. The Venture Capital (VC) and incubation arm of Binance (BNB), Binance Labs announces a strategic investment into cross-chain decentralized exchange (DEX) and bridge aggregator Rango. According to Yi He, co-founder of Binance and Head of Binance Labs, the…