DeFi

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 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.

Coinbase added short-dated up-or-down contracts on bitcoin, ether and eight other tokens to its prediction markets on Tuesday. Kalshi lists the contracts and already runs the same 15-minute markets on its own exchange.

The protocol's first cover positions went to two Sentora vaults, with payouts standing behind 50.2 million XRP staked on Flare. Claims are decided by a five-firm consortium on a three-of-five vote, and the coverage contracts' audits are listed as coming soon.

RedStone's report puts lending collateral at roughly $81 million against $3.17 billion of supply, with leveraged equity exposure onchain sitting almost entirely in perpetual futures

Ethena will manage reserves, minting, redemptions and compliance for a platform reporting more than $300 million in existing stablecoin balances.

The WSL HYPE worksheet pairs perpetuals with reference prices across commodities, indexes, equities, currencies and crypto.

The stablecoin goes live on Arbitrum One with Fluid, Morpho, GMX, Maple and Kraken behind it. A proposal published the same day asks ArbitrumDAO to add 100 million ARB to an incentive program that still has about 63.7 million ARB unspent

The new lending option extends the Morpho-based service, while borrowers remain exposed to liquidation under third-party protocol rules.

Stacks (STX) announced Bond 2, its second Bitcoin staking bond, with the majority of its 500 BTC capacity allocated to Stacking DAO, the longest-running liquid staking protocol on Stacks. Holders who stake through Stacking DAO receive stBTC, a liquid token that earns BTC rewards.