Unbound Finance Will Soon Allow Stablecoin Borrowing Against Uniswap LP Positions on Arbitrum
With Unbound, Uniswap V3 LPs can borrow Unbound’s stablecoin, UND, interest-free, secured against their concentrated liquidity positions.
Locked Value on zkSync Era Climbs Past $100M
Ether and USD coin dominate locked tokens on the upstart network.
USDC's Depeg Laid Bare the Risks Traditional Finance Poses to Stablecoins
A Moody's analyst examines how the recent banking crisis spilled into crypto, and why alternatives to stablecoins such as tokenized bank deposits and CBDCs may be needed to prevent contagion.
Decentralized Liquidity Platform Synthetix Sees Jump in Fees Collected Amid Incentive Campaign
The protocol generated more than $730,000 in fees on Thursday ahead of the start of its allocation of 200,000 OP tokens per week to traders.
Arbitrum, Optimism Maintain Spots in Top 10 TVL Blockchains: DappRadar
A new report from DappRadar suggests that Layer-2 solutions are gaining traction in the DeFi space. DappRadar Head of Research and Analytics Pedro Herrera breaks down why decentralized finance was in the spotlight in the first quarter and the significance of the highly anticipated token airdrop of Arbitrum.
Interest in DeFi Sector Rises Due in Part to Arbitrum Popularity: DappRadar
A new report from DappRadar shows the total value locked in DeFi rounded out the first quarter with over $83 billion, thanks in part to the rise in interest of scaling solutions like Arbitrum, Fantom, and Optimism. That's an increase of nearly 38% from the previous quarter. DappRadar Head of Research and Analytics Pedro Herrera breaks down the details of what happened in the first quarter as jitters swirling around the U.S. banking sector remain.
Shiba Inu's Testnet 'Puppynet' Sees Rising Activity Ahead of Shibarium Mainnet
More than 700,000 transactions have been conducted on the test network so far, although that isn’t extremely large relative to the hype.
Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin
USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.
XRP Climbs for a Second Day
XRP tokens jumped for a second straight day, adding as much as 11% in the past 24 hours. They were buoyed by speculation that the classification of bitcoin and ether (ETH) as commodities in the U.S. Commodity Futures Trading Commission (CFTC) suit against Binance might mean XRP tokens are classified as commodities as well. Arca Chief Investment Officer Jeff Dorman discusses the recent surge and why DeFi protocols could provide investors with "downside protections."
Dragonfly Leads $6.5M Round for Aptos Protocol Econia Labs
The startup offers an order book protocol for decentralized finance (DeFi) in the Aptos ecosystem.
