Hyperliquid is preparing to launch its own stablecoin, USDH, through a validator-led governance vote. With USDC currently dominating its ecosystem, USDH would reduce reliance on external issuers and capture reserve yield. Paxos, Frax, Ethena, and an Agora–MoonPay coalition are competing to deploy it
Uniswap’s Unichain has boosted L2 volumes past $40B, but liquidity tells a different story. TVL has halved since July, exposing the limits of incentive-driven growth. Despite cheaper fees, users remain on Ethereum—where Uniswap continues to be one of the network’s largest revenue engines.
Curve Finance is launching Yield Basis with a $60M crvUSD credit line. The product aims to eliminate impermanent loss for liquidity providers, and at the same time transform CRV from a governance token into an income-generating asset with revenues shared back to holders
Curve Finance is launching Yield Basis with a $60M crvUSD credit line. The product aims to eliminate impermanent loss for liquidity providers, and at the same time transform CRV from a governance token into an income-generating asset with revenues shared back to holders
Hyperliquid is preparing to launch its own stablecoin, USDH, through a validator-led governance vote. With USDC currently dominating its ecosystem, USDH would reduce reliance on external issuers and capture reserve yield. Paxos, Frax, Ethena, and an Agora–MoonPay coalition are competing to deploy it
Uniswap’s Unichain has boosted L2 volumes past $40B, but liquidity tells a different story. TVL has halved since July, exposing the limits of incentive-driven growth. Despite cheaper fees, users remain on Ethereum—where Uniswap continues to be one of the network’s largest revenue engines.
Decentralized exchanges just hit a record high, with DEX-to-CEX spot volumes reaching parity for the first time. The middle-tier altcoin sector, once central to CEX activity, is losing ground. Meanwhile, a new generation of CLOB-based DEXs is preparing to reshape the landscape of crypto trading.
EigenLayer has launched EigenCloud, a decentralized platform combining off-chain compute, verification, and data availability. Built on its restaking model, EigenCloud enables developers to build trust-minimized apps using services like EigenCompute, EigenVerify, and EigenDA.
The platform brings real-world assets (RWAs) on-chain by offering tokenized U.S. Treasury Bills and a stablecoin with a novel yield distribution design. This gives crypto investors access to low-risk returns from T-Bills without leaving the DeFi ecosystem.
A new stablecoin staking protocol boosts yields by rewarding users based on how long they’re willing to lock up their funds. The system, dubbed a blockchain-based fractional reserve model, balances liquidity with yield optimization and introduces layered risk management to protect liquid depositors.
The new safety module significantly enhances the Aave Protocol’s protection against potential shortfall events, representing a major upgrade over the original safety module introduced in 2020.
