Uniswap Topped Coinbase’s Trading Volume in March During USDC Depeg, U.S. Crackdown
The DEX, however, has been unable to maintain elevated periods of trading volumes in the past, CCData noted.
DeFi
High Ether Yields Drive $50M to DeFi Protocol Pendle Finance
The total locked value of assets on the platform has risen over 300% since the start of this year, DeFiLlama data shows.
Developers Fork Uniswap V3, Protocol Attracts $123M in Total Value Locked
Decentralized exchange (DEX) Uniswap has been forked by developers after its Business Source License (BSL) expired on April 1.
Ethereum MEV Bot Gets Attacked for $20M as Validator Strikes Back
One of the major Ethereum MEV (maximal extractable value) bots has been targeted in an attack, allegedly by an Ethereum validator.
Unbound Finance Will Soon Allow Stablecoin Borrowing Against Uniswap LP Positions on Arbitrum
With Unbound, Uniswap V3 LPs can borrow Unbound’s stablecoin, UND, interest-free, secured against their concentrated liquidity positions.
DeFi Tokens, Shiba Inu Clones Populate zkSync as Locked Value Climbs to $100M
Ether and USD Coin dominate locked tokens on the upstart network.
Shiba Inu’s Testnet ‘Puppynet’ Sees Rising Activity Ahead of Shibarium Mainnet
Over 700,000 transactions have been conducted on the testnet so far, which, however, isn’t extremely large relative to the hype.
Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin
USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.
DeFi Platform Lido to Cease Staking on Polkadot, Kusama in August
Decentralized finance staking service Lido has passed a governance vote to sunset its staking program with Polkadot and Kusama.
EOS Ethereum Virtual Machine Testnet Goes Live Ahead of April Mainnet Deployment
The network is the final testnet before a mainnet deployment in April as part of a broader revival plan for EOS.