News, reviews and analysis of the decentralized finance market. DEX, lending, yield farming, stablecoins and liquid staking.
The fourth version of the DEX launched with a revolutionary hook system and singleton architecture. Gas fees dropped by 99.99%. Liquidity is already migrating from v3 to v4.
The largest DeFi lending protocol expands its native stablecoin to Arbitrum, Base, Polygon, Avalanche and BNB Chain. AAVE enters deflation at current demand levels.
After months of consolidation, total value locked in DeFi protocols reached a new ATH. Lido ($42.1B), Aave ($18.4B) and EigenLayer ($14.2B) are the main growth drivers.
Step-by-step guide: staking USDC/USDT on Aave and Sky Protocol, providing liquidity on Uniswap v4, smart contract risks and how to minimize them.
Compound V3's streamlined single-collateral design has reached $8B TVL, its highest since the 2021 DeFi boom. USDC lending rates hold above 6% APY as demand surges.
Curve's native stablecoin crvUSD has reached $400M in circulating supply, cementing the CDP model as a serious alternative to DAI. LLAMMA liquidation mechanism has had zero bad debt incidents.
Lido Finance paid out $180M in staking rewards to stETH holders in Q1 2026, making it one of the largest yield-generating protocols in DeFi. The protocol's TVL remains above $42B.
The rebranded Sky Protocol has pushed DAI supply to a record $10B, surpassing its 2021 peak. The Sky Star system and new savings rate of 8% are driving deposit inflows.
Total value locked across all DeFi protocols has reached $180B for the first time since November 2021. Ethereum-based protocols command 65% share while Solana and BNB Chain compete for the rest.
Uniswap v4's hook architecture enables developers to add custom logic to liquidity pools. Early hooks include auto-compounding, TWAP limit orders, dynamic fees, and compliance-gated pools for institutions.
Aave's v4 architecture introduces a cross-chain unified liquidity layer that lets users borrow and lend across Ethereum, Arbitrum, Base, and Polygon from a single interface without bridging assets manually.
35 Actively Validated Services now rely on restaked ETH for consensus security, including cross-chain bridges, oracle networks, and data availability layers. EIGEN token is up 45% in 30 days.
Curve Finance's algorithmic stablecoin crvUSD has crossed the $1B supply milestone without a single bad debt event. The LLAMMA soft-liquidation mechanism that manages collateral continuously has prevented cascading liquidations.
Pendle's protocol for splitting yield-bearing assets into principal and yield tokens has reached $8B TVL. The platform enables traders to speculate on future yields of stETH, USDC, and other assets.
Jupiter aggregator has processed $50B in quarterly trading volume, becoming the second-largest DEX by volume behind Uniswap. The Solana DEX ecosystem benefits from near-zero fees and sub-second finality.
Monthly cross-chain bridge volume has hit a record $12B, reflecting the growing multi-chain DeFi ecosystem. LayerZero's omnichain messaging protocol now serves 150+ blockchains, up from 40 a year ago.
Morpho's optimized lending model, which matches borrowers and lenders peer-to-peer before routing excess to Aave/Compound, now commands $6B TVL. Traditional finance interest in DeFi credit markets is surging.
The DeFi insurance sector is finally maturing. Nexus Mutual now covers $18B in protocol risk while Sherlock's audit-plus-insurance model has paid out 12 legitimate claims without a governance crisis.