Aave Buyer loses $50M to MEV, Grvt Announced TGE, and more...
Subscribe for daily free DeFi news covering launches, tradable catalysts, and actionable farming opportunities.
DeFi📈
Pendle launched limit order incentives, rewarding users with PENDLE for placing orders near the implied APY range, even if they are not filled. This feature covers USDG, sUSDe, srUSDe, and jrUSDe markets on Ethereum, offering up to 50% APR for this strategy.
Across Protocol proposed transitioning from a DAO to a U.S. C-corp, allowing ACX holders to exchange tokens for equity or redeem them for $0.04375 USDC per token, a 25% premium to the one-month average price.
Avantis launched a systematic buyback and burn program allocating 30% of daily trading fees to purchase and burn AVNT. The allocation may increase to 50% once liquidity efficiency and risk management upgrades are completed, with AVNT staking utilities also planned.
Origin Protocol bought back 18M+ OGN in 2026, about 12% of the circulating supply, funded by protocol fees and distributed to xOGN stakers earning up to 14% APY.
Midas partnered with M1 Capital, a $190M AUM hedge fund, to launch mM1-USD, a tokenized multi-strategy fund offering onchain exposure to market-neutral strategies such as arbitrage, recursive lending, and basis trading through a single yield-bearing asset.
Stablecoins/RWA🪙
Frax Finance announces upcoming incentives for frxUSD/KRW (Korea Won) Cash pool on Curve across Ethereum and Fraxtal.
Farm Summer.fi Pro Leverage Yields on DeFi Saver
Earn up to ~25% leveraged ETH APY effortlessly on DeFi Saver, with positions across Aave, Spark, Maker, and Morpho tracked in one interface. As Summer.fi Pro winds down on Feb 12, 2026, users can instantly monitor and manage existing Summer.fi positions on DFS using Discover filters and clearer APY metrics.
<Explore Strategies on DeFi Saver> | Today in DeFi is Supported by DeFi Saver
Prediction Markets🔮🔒
Linera launched the beta for a short-term prediction platform, allowing users to bet on BTC, ETH, and SOL price movements over 1–5 minute intervals while earning Portal Points through leaderboard competitions and trading activity.
World Liberty Finance USD1 launches prediction market integration with Myriad Markets, creating the first fully USD1-powered prediction platform.
Airdrops🪂
GRVT announced its $GRVT token launch, targeting a TGE by the end of June 2026. Fixed supply is capped at 1B tokens with no inflation, and 100% of protocol surplus routes to ecosystem reinvestment and token buybacks.
Backpack scheduled its TGE scheduled for March 23.
DeepBook launched a Points Program tracking activity across the DeepBook ecosystem and its integrations on Sui.
Issues⚠️
Aave saw a user execute a $50M USDT swap for AAVE through its interface, receiving only 324 AAVE due to extreme slippage. The user confirmed a slippage warning before proceeding. Aave founder Stani Kulechov said the team will return $600K in fees collected from the transaction.
Upshift vault on Mezo paused withdrawals after Velar PerpDEX exploit on Feb 20 drained the BTC/MUSD pool. The curator recalled funds across protocols to maximize depositor redemptions, protecting the $323M TVL strategy.
Farms 🧑🏻🌾
Yearn introduced yvUSD, a cross-chain stablecoin vault that automatically deploys capital across strategies like lending, leveraged loops, and PT markets to optimize yield across multiple chains, offering up to 18% APY.
Steakhouse Financial launched two new AUSD vaults — AUSD Turbo and AUSD High Yield Term, offering up to 15% APR.
Glider, an automated portfolio protocol, launched the Base Boosted Portfolio for top on-chain assets selected by market cap and liquidity, offering boosted rewards on Base for a limited 30-day period, offering more than 20% APR.
Lista DAO added $4M liquidity to the PT-srUSDe lending market on Lista Lending, enabling users to collateralize PT-srUSDe and capture roughly 3.9% net APY with no leverage.
Lido launched two simplified vaults — EarnETH and EarnUSD — powered by Mellow Protocol, consolidating its previous vault offerings (GGV, stRATEGY, DVV) into a single ETH and single USD vault. Both auto-compound daily across protocols like Aave, Morpho, Pendle, and Gearbox.
Venus Protocol launched USR rewards for wstUSR-USDT LP suppliers on Venus Flux, distributed via Merkl and powered by Fluid. Total supply APR sits at 4.01% with no leverage.
Pendle doubles points on Apyx’s apxUSD pool, increasing YT multiplier from 16x to 32x and LP multiplier from 12x to 24x.
News🗞️
Mastercard launched the Crypto Partner Program, bringing together more than 85 crypto companies, including Solana, Aptos, Monad, etc, payment providers, and financial institutions to collaborate on standards and real-world digital asset use cases such as remittances and B2B payments.
BlackRock launched $ETHB on Nasdaq, the first U.S. spot Ethereum ETF to incorporate staking. Unlike its existing $ETHA product, $ETHB offers staking rewards of 3–4% annually, with 70–95% of holdings staked via Coinbase.
For sponsorships, questions, or news tips, reach us at: support@todayindefi.com
Get a 7-day free trial and access exclusive insights and early farming opportunities by subscribing to our premium newsletter.
For a limited time, while ETH <$3k, Premium subscriptions are 50% off
Follow @todayindefi to keep up with the latest DeFi news on Twitter.
Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned.