DeFi
Decentralized Finance, the ecosystem of financial applications and services built on public blockchains.
Top Stories

Circle Opens Bitcoin-Backed USDC Borrowing To Mint Clients, Routed Through Morpho
The cirBTC market on Arc holds $14.3 million of USDC borrowed against 287 cirBTC, up from $1.37 million on Sept. 17. Galaxy and Keyrock supply nearly all the dollars. Circle issues the wrapper and the wallet; the loan terms sit with Morpho.

World Liberty Opens WLFI Vote on 180-Day Governance Rewards
Payouts would have no fixed rate and come from a pool funded by the treasury and World Liberty Markets fees.
Free newsletters
The Defiant Daily
Independent reporting on crypto and DeFi. The stories that matter, in your inbox.
Monday–Friday. Free. Unsubscribe anytime.
Advertisement
Videos
Recent articles

Constant Finance Opens Public Beta for Fixed-Rate, Fixed-Term DeFi Lending
Constant Finance, a fixed-rate, fixed-term DeFi lending protocol, today announced that the public beta of its lending product is now available on Ethereum’s Sepolia testnet, giving borrowers and lenders a hands-on way to explore loans with an agreed rate and maturity.

Genius.fun Launches on BNB Chain to Bring Hostile Takeovers On-chain
Genius Foundation announced the launch of genius.fun, a new BNB Chain launchpad designed to help online communities coordinate capital and pursue ownership in publicly traded companies.

Circle Opens Bitcoin-Backed USDC Borrowing To Mint Clients, Routed Through Morpho
The cirBTC market on Arc holds $14.3 million of USDC borrowed against 287 cirBTC, up from $1.37 million on Sept. 17. Galaxy and Keyrock supply nearly all the dollars. Circle issues the wrapper and the wallet; the loan terms sit with Morpho.

World Liberty Opens WLFI Vote on 180-Day Governance Rewards
Payouts would have no fixed rate and come from a pool funded by the treasury and World Liberty Markets fees.

Neutrl Opens NUSD Redemptions at 51 Cents as Strata Junior Tranche Faces Wipeout
Strata scheduled a 48-hour valuation update that would write jrNUSD to zero while withdrawals from its senior tranche settle in sNUSD at revised share values.

Morpho Opens Borrowing Against Coinbase's Tokenized Stocks
Holders of five Coinbase stock tokens can pledge them for USDC loans on Base.

Polymarket Hires Ex-Zora CEO for Onchain Product Push
The hire comes as Polymarket’s vice president of DeFi engineering says its existing central limit order book cannot be saved long term and is being rebuilt in Rust.

Kraken Parent Plans Permissioned Hyperliquid Perps for US Traders
Bitnomial would deploy, administer, clear and settle the proposed markets, while NinjaTrader Clearing would carry approved customer accounts.

Aave Labs Plans A Tokenized-Asset Credit Market On Avalanche With Tether's USA₮
The Aave V4 RWA Hub would let institutions borrow USA₮ against tokenized collateral on Avalanche. The hub and the USA₮ listing both go to an Aave DAO vote, and the release gives no launch date.

0x Says Uniswap v4 Hooks Were A Mistake, Hayden Adams Says "Skill Issue"
The DEX aggregator found 54.2% of the 84,163 hooks it analyzed were malicious. Uniswap's founder and Paradigm's Dan Robinson said the failure is in 0x's routing.

