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Uniswap announced that the cumulative trading volume on its protocol has surpassed $2 trillion, continuing to hold its position as the top DEX since its launch in 2018. Uniswap Hits $2 Trillion in Cumulative Trading Volume In a post on the social media platform X (formerly Twitter) on the evening
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On Thursday (04/04), Ripple revealed its plan to deploy a stablecoin across two blockchain networks: Ethereum and Ripple. Ripple announces plan to launch new stablecoin It's known that the stablecoin will be issued later this year with assets backed by USD, short-term US Government bonds, and other
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Pendle Finance has seen its Total Value Locked (TVL) surge by over 60% in the past month, reaching a record volume of $450 million on April 3. Pendle Nears $4 Billion TVL, Becoming the Largest Yield Farming Protocol Fueled by the airdrop campaign from the decentralized stablecoin project Ethena, known
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24 Million USD in Solana (SOL) Stuck in Lido Due to Programming Error Users staking SOL through Lido currently cannot withdraw assets worth 24 million USD due to a programming error. According to DLNews, the liquid staking protocol Lido (LDO) has identified a programming bug on the Solana blockchain that
defi
Layer-2 and Layer-3 solutions built on Arbitrum Orbit can now leverage Celestia's Blobstream to reduce transaction costs. Celestia Deploys Blobstream Solution on Arbitrum Orbit On the evening of April 2, modular blockchain Celestia (TIA) announced the deployment of its data availability solution, Blobstream, on Arbitrum Orbit. Arbitrum Orbit
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On the evening of April 2, the DeFi community was abuzz with the brewing conflict between Aave and MakerDAO, two of the leading lending protocols in the market, each developing its own stablecoin. Aave Declares War on MakerDAO Over Ethena and USDe Stablecoin The first major move came from Marc
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A sudden Bitcoin dump and crypto market crash on the morning of April 2 left many investors caught off guard. Market fluctuations of top cryptocurrencies at 10:35 AM on April 2, 2024. Source: Coin360 Around 09:15 AM on April 2, 2024, Bitcoin (BTC) unexpectedly plummeted from $69,000
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Layer-2 protocol Manta Network has witnessed over a 52% decrease in Total Value Locked (TVL) shortly after enabling asset withdrawals from staking. TVL Manta Network drops by 52% in 7 days According to data from DefiLlama, in the past week, the Total Value Locked (TVL) on Manta Network's
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MakerDAO believes that utilizing DAI to support USDe and sUSDe will open up more DeFi opportunities for users. According to a proposal posted on April 1st, the MakerDAO community is considering allocating an additional 600 million USD in stablecoin DAI to the liquidity pool of Ethena’s stablecoin USDe and
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In anticipation of the ENA governance token release, Ethena has unveiled the reward criteria for Season 2, dubbed the Sats Campaign. Ethena, known for its innovative Delta-Hedging strategy, has captured significant attention since its inception. Today, April 2, marks the airdrop of 750 million ENA tokens and their listing on
defi
Lido's Share of Staked ETH Drops Below 30% The proportion of ETH staked through Lido Finance has fallen below the 30% threshold at the beginning of this week. According to the latest on-chain data from Hildobby, the staking share through Lido has decreased to 29.5%. The last
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Telegram, a popular messaging app within the crypto community, has officially introduced a revenue-sharing model where channel owners receive 50% of advertising revenue, while also implementing payments via TON. Telegram allows users to pay for ads with TON, sharing half of the revenue with channel owners In early April 2024,
