Category Blog

Bril Finance is preparing to launch a cross-chain liquidity pool on the DeFi markets on the crypto DEX PancakeSwap based on AI (artificial intelligence).

The new tool will be called CupcakeHop, and it will consist of a cross-chain liquidity pool and a yield aggregator. It has been developed in collaboration with the DEX PancakeSwap.

Morpho, a decentralized finance (DeFi) lending and borrowing protocol initially established on Ethereum, has achieved a significant milestone by becoming the first layer-2 (L2) protocol to launch on Base, a scaling network for Ethereum introduced by Coinbase in 2023.

Drift Protocol, a decentralized and open-source exchange platform on the Solana blockchain, has announced a unique collaboration. According to the platform, it is partnering with Ondo Finance (an institutional-level financial protocol) to incorporate RWA collateral into Solana DeFi. The company took to the social media platform X to reveal the news of this development.

Decentralized derivatives protocol SynFutures has announced plans to expand its market share and is considering a Coinbase Layer-2 network as its platform.

The venture will enable its commitment to support emerging meme coin projects with incentives available for the best performers.

BitLen Finance, known for its pioneering approach to liquidity provision, aims to transform the DeFi space by facilitating seamless access not only for individual DeFi participants but also for decentralized applications (dApps) through its innovative “Liquidity Hooks.”

The term “RWA” — for Real-World Assets — in the DeFi context is sometimes considered confusing and controversial.

For one, in finance and banking, “RWA” typically refers to “Risk-Weighted Assets,” which are used to determine capital requirements under regulatory frameworks.

Mina is set to receive a significant upgrade with the Berkeley release scheduled for June 4, 2024. This upgrade introduces a fully zero-knowledge (ZK) application layer, marking a substantial advancement in blockchain technology.

The DeFi lending sector has recently witnessed a significant development. As per CryptoDiffer (a well-known crypto analytics platform), Aave, JustLend, and SparkLend have occupied the first three positions among the DeFi lending protocols in terms of total value locked (TVL). The analytics forum took to its official social media account to disclose this development.