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.


Markets

Why DeFi Projects Could Be Ready to Outperform: Kaiko Research

Regulatory clarity may provide a boost for DeFi projects.

Uniswap logo on phone (appshunter.io/Unsplash)

Finance

Bittensor App Gets Hack Risk Cover From Nexus Mutual-Backed Insurance Firm Native

Team Rizzo, which operates Bittensor subnets and validator services, has snagged $25 million in on-chain cover from Native, a digital asset insurance specialist.

Native leaders: In order from left to right, these are James Asaad (Chairman), Dan Ross (CTO) and Ben David (CEO). (Native)

CoinDesk Indices

Onboarding the Buy-Side to Blockchain Rails

The right systems and processes must be in place to properly tokenize the trillions of dollars worth of potential real-world assets, says Blue Water Financial Technologies’ Peter Gaffney.

Railroad cars

Finance

Ethereum L1 Monad Joins Forces With Orderly Network for DeFi Boost

The arrival of the Monad testnet will provide traders with a fast EVM-compatible building site and the possibility of airdrops on the L1.

Orderly Chief Operating Officer Arjun Arora (Orderly)

Finance

Bitcoin Staking Platform Core Joins Crypto Lender Maple and Custodians BitGo, Copper, Hex Trust

The ability to earn yield on bitcoin and potentially unleash a new wave of liquidity into the DeFi ecosystem has become a hot topic of late.

Maple Finance's Sid Powell (Danny Nelson/CoinDesk)

Finance

Brevan Howard Digital Deploys $20M on Ethereum-Based Kinto in Institutional DeFi Push

The investment enables participation in Kinto’s mining program, which rewards asset deposits on the chain with token emission.

Ramon Recuero, Kinto CEO and co-founder (Kinto)

Markets

Wrapped AVAX Sees Increased Wallet Accumulation Amid Bybit Card Cashback Adoption

Nearly 4,000 wallets added WAVAX holdings, 1.8 times the recent average, according to onchain data.

Caution avalanche (Nicolas Cool/Unsplash)

CoinDesk Indices

Stablecoin Revolution: Challenging Risk-Free Rates With On-Chain Money Markets

DeFi’s base rate for lending stablecoins is a structural shift that challenges traditional finance by demonstrating the sustainability of high-yield, low-risk on-chain money markets, says Index Coop’s Crews Enochs.

City pedestrians business people

Consensus Hong Kong 2025 Coverage

What’s Better Than CEX? DEX

CoinDesk caught up with CoinGecko’s Bobby Ong to talk about all the good things — but mostly the bad things — about crypto’s centralized exchanges.

CoinGecko co-founder Bobby Ong speaks at Invest: Asia 2019 (Wolfie Zhao/CoinDesk)

Finance

DEX Aggregator 1inch Integrates ZKsync to Boost Cross-Chain Swaps

The integration aims to provide faster and cheaper transactions for users.

CoinDesk