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Showing posts with the label defi

Ethereum-Based DeFi Protocol Euler (EUL) on the Rise Following Coinbase Listing

An Ethereum (ETH)-based decentralized finance (DeFi) altcoin is on the rise after gaining support from the top US-based crypto exchange platform. In a new thread, Coinbase says it is adding support for Euler (EUL), a lending and borrowing protocol built on top of the second-largest digital asset by market cap. “Euler (EUL) is now live on //coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” Following the announcement, EUL saw a price increase, rising from an August 6th low of $11.02 to a peak of $12.17 just a day later. The asset has since stabilized and is currently trading at $11.77, representing a 5.7% increase over the last 24 hours. According to its official website, Euler is a modular DeFi platform that Features permissionless vault creation, allowing anyone to create a lending vault for a specific asset using the ERC-4626 token protocol, an extension...

61% of USDD collateral now in one vault — funded entirely by HTX

USDD, the TRON-based stablecoin founded by Justin Sun, has recently launched a new vault, SA001-A, also called the “Smart Allocator.” This vault has immediately grown to hold approximately $260 million in collateral, approximately 61% of the total collateral for USDD, and all of these assets came from Sun-advised HTX. This vault places assets into lending protocols to help subsidize the yield paid by USDD, currently 20%. The vault is currently depositing in AAVE and Sun-founded JustLend. However, the vault’s launch raises serious questions about how USDD is governed , where its assets are coming from, and the role of Sun. No USDD governance USDD’s governance page claims that “The governance framework of the USDD ecosystem is designed to be community-driven and decentralized, ensuring inclusivity, transparency, and adaptability.” It continues, “Governance empowers stakeholders to make critical decisions regarding the prot...

Uniswap Makes History with $3T Trading Volume: New Crypto to Explode in Popularity

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Shib Finance: The Future of DeFi & Crypto Lending

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Shib Finance is creating quite a buzz right now as the Shiba Inu team prepares to launch this innovative platform. The project aims to transform crypto lending within the Shib ecosystem, and also move beyond simple token swaps to offer comprehensive financial services. Also Read: Ripple SEC Settlement: Fine Cut from $125 Million to $50 Million Shib Finance’s DeFi Disruption: Could It be A New Era for Crypto Lending & Growth? Source: Freepik Beyond Simple Token Swaps The Shiba Inu team announced Shib Finance through Shibarium Updates on March 25, 2025. The platform will offer borrowing, lending, and also saving options – essential services for any serious player in the crypto lending market. Shib Finance is being developed to bridge traditional finance and decentralized finance, potentially opening doors for those who have been excluded from conventional banking systems. Shib Finance: The Future of Fair, Open Finance In the future, Shib Finance will take the Shib ecosystem to a who...

Cronos introduces new prepaid card withdrawal features

Cronos, a leading blockchain ecosystem, has unveiled new prepaid card fund withdrawal Features , according to the most up-to-date reports shared with Finbold on Thursday, February 27. Developed in partnership with Crypto.com, the new withdrawal feature is an important milestone not just for Cronos but the broader crypto industry, helping bridge traditional (TradFi) and decentralized finance (DeFi). Looking ahead, Cronos has also hinted at an automatic transfer system for DeFi yields, which would allow users to route their Cronos staking rewards and other earnings while topping up their Crypto.com prepaid card. Picks for you Stacks’ sBTC token sees increasing adoption by institutional clients 1 hour ago ChatGPT says Solana price will hit th...

Next Cryptocurrency to Explode, 8 February — JUST, IOTA, Safe, Ronin

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The overall feeling in the market was positive from the close of October 2024 until the beginning of this year. Last month, Bitcoin (BTC) rose above its all-time high and surpassed the 100K mark. Eventually, it exceeded $103K before dropping to 96.2K as of press time today. Meanwhile, many investors have already made plenty of gains from the November/December 2024 bull run. Determining the next cryptocurrency to explode might be challenging as most funds are attracted to pumping assets. However, this article will explore the performance of cryptocurrencies with much growth potential, especially before the year runs out. The aim is to identify coins with some potential and help investors and traders make informed decisions about each token. Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of the presale token Solaxy. This new meme coin offer...

Most Trending Cryptocurrencies on Polygon – Sunflower Land, Bonsai Token, Gains Network

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What if you could uncover the hottest projects redefining the blockchain space, thriving on the Polygon network? From revolutionizing play-to-earn gaming to redefining DeFi and blending culture with crypto, three names are making waves: Sunflower Land (SFL), Bonsai Token (BONSAI), and Gains Network (GNS). Why are these projects capturing attention? What unique problems do they solve? And why should you keep them on your radar? Most Trending Cryptocurrencies on Polygon A pioneer in blockchain-based gaming, Sunflower Land stands out with its play-to-own economy, offering players true ownership of in-game assets. What happens when cultural heritage meets modern blockchain? Bonsai Token answers this with its mission to preserve and celebrate Japanese art and tradition. Gains Network is a game-changer for those drawn to the fast-paced world of leveraged trading. It’s no surprise that investors and enthusiasts are flocking to the most trending cryptocurrencies on Polygon . 1. Sunflow...

Top Crypto Gainers Today Dec 11- Kadena, Jupiter, KuCoin Token, Cronos

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The crypto market is buzzing today, December 11, 2024, with impressive performances from several standout coins: Kadena, Jupiter, KuCoin Token, and Cronos. These assets have captured the spotlight, driving conversations across the crypto community. Are these the breakout tokens you’ve been waiting for? Let’s dive in and explore why they’re surging and why savvy investors should pay attention. Biggest Crypto Gainers Today- Top List Kadena is known for its scalable and energy-efficient blockchain. Jupiter provides secure and private data exchange, KuCoin Token rewards its users with daily passive income, and Cronos powers a growing DeFi and NFT ecosystem. Are these coins just experiencing a short-term pump, or do they have long-term potential as top crypto gainers today ? 1. Kadena (KDA) We’re starting off with Kadena, a high-performance blockchain platform designed to address key limitations of existing networks, such as scalability, transaction costs, and dev...