Solana generated some $8.7 million in economic value from network activity, up from just under $8 million one day prior, according to Blockworks Research.
Decentralized Exchange news
The v3 launch marks the DeFi protocol’s first big product rollout after a governance overhaul in October.
Ether price is down today after enduring a 9% decline in three days, and data suggests that the altcoin is poised for further downside.
RedStone is the first large oracle to launch on the Ethereum restaking protocol.
Solana-based Raydium clocked $3.4 million in fee revenue on Oct. 21 versus $3.35 million for Ethereum, according to DeFiLlama.
Binance’s falling market share could present a significant opportunity for smaller rivals like Bybit and OKX.
DeFi protocol Tapioca DAO said it was hacked for $4.7 million, now its offering its attacker a “significantly higher” bounty to try get most of the funds back.
The startup is onboarding Bitcoin miners representing a “sizable amount” of the Bitcoin network’s total hashrate, according to Alex Luce.
It’s that time of year again when pundits break out the crystal ball to predict the big new trends in DeFi for 2025.
Bitcoin’s emerging layer-2 and DeFi ecosystems are sparking competition for BTC liquidity on other chains.