Lending


Finance

Stablecoin Lender Liquity's Token Rises 35% on Binance Listing

LQTY hit a 10-month high of $1.82 as trading volume surged by 382%.

LQTY rises by 35%. (Cryptowatch)

Markets

Liquid Staking Replaces DeFi Lending as Second-Largest Crypto Sector

The value of cryptocurrencies deposited in liquid staking protocols has increased to about $14 billion, trailing just deposits at decentralized exchanges.

(DefiLhama)

Finance

Crypto Trading Firm Auros Global Restructures $18M in Debt on Maple Finance

Auros Global has missed its payments on decentralized finance loans since November, citing funds frozen on the collapsed crypto exchange FTX.

Twitter Spaces: FTX – 1) What

Markets

DeFi Protocol Clearpool Chooses Polygon Network for Its Institutional Lending Platform

Clearpool also opened the onboarding and whitelisting process for institutional borrowers and lenders to its Prime platform.

Clearpool Prime is set be released in the first quarter of the year. (Clearpool)

Opinion

How to Avoid the Death of DeFi in the Wake of FTX

The crypto exchange’s collapse is an inevitable outcome for an industry yet to find its use case. For crypto to survive, it needs to learn from the very financial sector it set out to replace, says Brent Xu, the CEO of Umee.

(Lo Lo/Unsplash)

Tech

Aave Deploys Native Stablecoin GHO on Ethereum Testnet

GHO joins an increasingly competitive space as rival DeFi protocols also issue or are moving to release their own protocol-native stablecoins.

(MidJourney/CoinDesk)

Markets

MakerDAO Contributors Propose First Native Liquidity Market Focused on DAI Stablecoin

The proposed Spark Protocol will leverage MakerDAO’s DAI stablecoin and its crypto assets for liquidity, and would be based on lending protocol Aave’s upgraded smart contract system.

Spark Protocol would be a new liquidity market for lending and borrowing crypto assets focused on DAI. (Dawid Zawila/Unsplash)

Markets

Decentralized Lending Protocol Clearpool to Start Institutional Borrowing Platform

Clearpool Prime will allow institutional borrowers to create permissioned borrowing pools with their own loan terms.

Liquidity Pool (Unsplash)

Finance

DeFi Lender Alchemix Approves ALCX Token Buyback Plan

The new revenue spend model seeks to move Alchemix’s synthetic tokens in line with their underlying assets.

(DALL-E/CoinDesk)

Markets

Decentralized Lending Protocol Centrifuge Accrues $6M Unpaid Debt

1754 Factory, the originator of the debt pool with the most distressed loans, said it is liquidating the assets off-chain and negotiating with borrowers for repayments.

Wikimedia Commons