BTC$77,775+1.36%·
ETH$2,292+1.65%·
BNB$699.89+0.19%·
XRP$1.28+2.49%·
SOL$93.54+1.60%·
TRX$0.3229+1.34%·
ZEC$1,228+6.01%·
HYPE$85.76+1.51%·
XMR$630.61+3.50%·
DOGE$0.0754+1.61%·
WBT$74.76+1.32%·
LINK$11.12-0.02%·BTC$77,775+1.36%·ETH$2,292+1.65%·BNB$699.89+0.19%·XRP$1.28+2.49%·SOL$93.54+1.60%·TRX$0.3229+1.34%·ZEC$1,228+6.01%·HYPE$85.76+1.51%·XMR$630.61+3.50%·DOGE$0.0754+1.61%·WBT$74.76+1.32%·LINK$11.12-0.02%·
Lending, DEXes, TVL moves, hacks, restaking yields.
📰 Latest in defi
A stablecoin vault can survive bad assets. It has a harder time surviving scared users who no longer believe the asset map.
The underlying asset is the same SpaceX story everyone wants. The winner on Solana is being picked by who can actually place the product in front of users.
Ondo's tokenized equity catalog just passed 430 assets across three blockchains. The on-chain brokerage model stopped being a prototype.
The most active automated trader on Ethereum wasn't hacked through its code. It was drained through a permission it left open, and that attack class works on every contract holding real money.
AlphaPing's vault shows the real weak spot in permissionless lending: curators can sell safety while taking one-market risk.
FHE hides balances from the market, but it doesn't make Circle's asset controls disappear.
Coinbase did it, Binance did it, and now Kraken has. The unified crypto app is no longer an experiment.
STRC and SATA dropped far below their $100 targets before recovering intraday. Strive's CEO blamed margin calls, not broken credit.
Solana's dollar rails are getting bigger while one damaged app stack is still working through user losses.
The product list is now bigger than crypto. The hard part is proving users want one app for all of it.
This is not a mixer with better branding. It is a vault where balances hide, but USDC's control layer still exists.
The durable Bitcoin DeFi market is not another app chain. It's native BTC collateral that doesn't ask holders to leave Bitcoin first.
DeFi contract authors on Sui just got a silent failure-mode change with protocol version 126. The only place to find the actual delta is the PR diff.
The $10B open interest milestone is not a crypto chart. Talos analysts say the growth is coming from equity and commodity derivatives that can't trade anywhere else on weekends.
Two ETF markets, one launch window, opposite flows. The divergence is the best data point the rotation narrative has had.
The altcoin bid has a named catalyst now, while bitcoin is waiting on the Fed.
The sharpest stress test for USDS Savings is not a hack or a depeg. It's a big depositor exit with no confirmed cause yet.
After-hours equity moves no longer leave crypto traders waiting. Hyperliquid's synthetic perp market fills the gap, and HYPE is pricing that in.
Spain took 27 shots and still didn't win. On Polymarket, that difference turned confidence into a full wipeout.
Retail stablecoin yield is no longer hiding in DeFi tabs. Coinbase just put it in the front window.
The testnet release pairs confidential assets with keyless accounts, which turns privacy from a power-user flow into a default product path.
DefiLlama shows a 353% jump to $2.8B overnight. But a V3 migration event and genuine hooks adoption look identical in the data until someone publishes a pool-level breakdown.
Maple Finance added roughly $340M in a single session with no public announcement. At this size, the silence is the story.
XRPL's new curve types bring concentrated liquidity and StableSwap to its native AMM. The architecture that makes flash loans structurally impossible is doing more work than any curve upgrade.
Fixing dormant wallet keys is a one-time migration. Harvesting authentication traffic is ongoing, and attackers don't need quantum computers yet to collect it.
Tokenized Treasury capital has been growing for two years on the premise that it's here to stay. Thursday put that premise to the test.
The attacker didn't find a code bug. They found a single compromised key in a governance setup that needed only one.
Spark just crossed $2.8B in TVL by routing stablecoins to wherever yield is highest. The issuers who profit from user inaction are on notice.
A sharp one-day outflow from Spark Savings puts a number on what protocol designers already suspected: yield gets deposits in the door. Keeping them is a different problem.
Portal just posted a $500 million TVL jump on $1 million of 24-hour bridge volume. One of those numbers needs explaining.
DefiLlama flagged a 21.7% single-day TVL jump on Uniswap V3. The move needs a story, and no one has named one yet.
Sky's Spark layer just automated the yield routing stablecoin giants do manually. The float model is the target.
Spark Savings pulled in nearly $1 billion in 24 hours. For Tether, every protocol that hands yield back to depositors is one less reason users have to stay.
Grove reached $3B in TVL in under a year by routing stablecoin capital across tokenized RWAs, Aave, Morpho, and Curve. RWA-linked yield allocation is no longer a DeFi sidecar.
A 10x fee repricing and encrypted transaction infrastructure in one release isn't routine node maintenance. Aptos is resetting its cost floor and mempool privacy at the same time.
BAYC doubled its floor in 30 days and the community held through the whole dip. The question is who's buying now.
Yield-seeking capital and sticky capital are not the same thing. Spark's one-day drop just made that distinction hard to ignore.
An automated stablecoin allocator crossed $2.5B in TVL. The infrastructure that puts idle float to work is no longer a rounding error.
The deposits that stablecoin issuers rely on to collect yield without paying any out are starting to find exits. Spark Savings is one of them.
CUSHY is the institutional credit product stablecoin issuers were hoping nobody would build. Coinbase just built it.
MegaETH made 53.3% of MEGA supply conditional on hitting network KPIs, not a time-based vesting schedule. Whether that changes how allocation holders behave is the first real test of the design.
Polymarket and Kalshi decide what's tradeable. XO is handing that decision to anyone with a wallet, and $6 million says the model works.
A unified onchain margin account spanning spot, perps, and lending is theoretically possible if the chain is fast enough. World Markets is making that bet on MegaETH, but the code isn't available to verify the claim.
A $507M launch-day volume and a 21% price decline are not contradictions. One is traders cycling positions across 38 markets; the other is the first honest read on whether 100k TPS is an actual moat.
The TVL surge looks impressive until you see that 74% of the stablecoin market cap is one Ethena-backed token, and Terminal Season 1 ends in seven weeks.
The count says code bugs caused 83% of April's incidents. The dollars disagree, and the gap reveals where DeFi's actual security problem lives.
When the deployer wallet is the single point of failure, the smart-contract logic is irrelevant.
X's Premium users made crypto the platform's most-snoozed category eight days after the feature launched. Projects whose entire distribution plan is 'go viral on CT' just picked up a real liability.
