Decentralized lending and borrowing redefine financial services, offering users access to loans and credit without traditional intermediaries, through blockchain technology.
Lending
Decentralized lending and borrowing redefine financial services, offering users access to loans and credit without traditional intermediaries, through blockchain technology.
The new protocol will function partly off-chain and draws inspiration from traditional banking models. Although it has sparked excitement within the ecosystem, there are also concerns about whether it might be considered an unlicensed lending product.
Radiant Capital halted its Arbitrum operations after a $4.5 million flash loan attack, highlighting a vulnerability in the protocol. This exploit reportedly leveraged a rounding error in the Compound/Aave codebase.
This remarkable surge in TVL owes much to Pendle’s strategic integrations with Eigenlayer and Ethena, both of which have garnered immense popularity in the last quarter.
This remarkable surge in TVL owes much to Pendle’s strategic integrations with Eigenlayer and Ethena, both of which have garnered immense popularity in the last quarter.
The new protocol will function partly off-chain and draws inspiration from traditional banking models. Although it has sparked excitement within the ecosystem, there are also concerns about whether it might be considered an unlicensed lending product.
Radiant Capital halted its Arbitrum operations after a $4.5 million flash loan attack, highlighting a vulnerability in the protocol. This exploit reportedly leveraged a rounding error in the Compound/Aave codebase.
Spark Protocol, launched by MakerDAO in May 2023, is a DeFi platform offering lending and savings features like Spark Lend and the Dai Savings Rate (DSR). By leveraging real-world assets such as U.S. Treasuries, it delivers competitive yields while facing rising competition in the DeFi space.
A number of high-profile crypto figures have stepped in to buy Curve.fi founder Michael Egorov’s CRV tokens at a discount, to avoid the potential liquidation of $100 million worth of DeFi loans secured against them.
Another DeFi lending protocol has become the victim of hackers as Sturdy Finance lost more than $760,000 worth of users' assets. Is something broken in DeFi lending?