Elixir $ELX Eligibility Checker Live, Aave Teases Upcoming V4 Upgrade, Easy Exposure to DeFi Growth , and more
Launches π
Monarch Vault launched as a fully autonomous AI-managed lending vault built on @MorphoLabs. The AI agent allocates funds across Morpho markets to optimize yield, acting independently based on market conditions. Users can track decisions in real-time, ensuring full transparency. The team is developing a next version with multiple AI agents for enhanced decision-making
Solv Protocol has joined the Soneium ecosystem, enabling Bitcoin deposits to mint SolvBTC, a 1:1 BTC-backed asset. SolvBTC can be used for staking, rewards, and cross-chain liquidity, with the Staking Abstraction Layer (SAL) simplifying multi-chain staking. The integration aims to enhance scalability and unlock new DeFi strategies.
DeFi Saver is a non-custodial DeFi management tool with advanced features for managing positions and crypto assets across top DeFi Protocols like Aave, Fluid, Liquity, and more. It stands out for its smart wallet automation and position migration capabilities, helping users avoid liquidation with innovative solutions that make DeFi more accessible and user-friendly.
Today in DeFi is supported by DeFi Saver.
Updates π°
Pendle introduced a community listing process, allowing protocols to launch their own yield markets. External protocols can deploy ERC20/4626 tokens on Pendle, with a final checklist before whitelisting. The first community-listed asset is sUSDX, a synthetic USD stablecoin backed by a delta-neutral strategy.
Pendle Prime will highlight pools meeting key criteria like TVL and traction, undergoing additional audits.
Kaito AI launched the @MitosisOrg Yapper Leaderboard, highlighting top contributors to the project's mindshare. The leaderboard includes AI-analyzed tags ranking users by activity, content type, and originality.
Mitosis is also rewarding its top voters, with details available for eligibility.
Solv Protocol launched the SolvBTC.BNB Cap 2 raise, partnering with Kernel dao to offer BTC holders access to Binance Launchpool, Megadrop, and HODLER yields without selling. The initiative aims to enhance BNB DeFi rewards, with deposits now open on Solv Finance.
deBridge enabled fast cross-chain swaps for $HYPE, the native token of HyperliquidX, allowing users to trade from any major asset across DeFi. The integration streamlines access to HyperEVM, with support for more assets coming soon.
Navi Exchange has joined Orderly as the 35th DEX partner, now offering Orderly perps. As a native @SonicLabs DEX, Navi has facilitated over $214M in spot and margin trading for 4,400+ users.
Upcoming β³
ETHTaipei 2025 is partnering with ETHGlobal to host a two-day conference followed by a three-day hackathon from April 1-6 in Taipei. Ethereum co-founder Vitalik Buterin will deliver a keynote and join panel discussions, alongside experts from the Ethereum Foundation, Arbitrum, Uniswap, and Polygon. The event will focus on DeFi, security, Layer 2 scaling, and zero-knowledge proofs, with technical workshops and networking opportunities. -
ETHGlobal Taipei will feature a $150,000 hackathon prize pool, attracting top developers worldwide. Tickets are now available, with full access to all forums and workshops.
Circle announced that native USDC is coming to @LineaBuild through the first-ever bridged-to-native upgrade. The transition will be seamless, maintaining the same contract address and avoiding liquidity fragmentation. Linea will also integrate CCTP V2 post-mainnet launch, enabling faster cross-chain settlement. The upgrade enhances security, frictionless transfers, and institutional on/off-ramps via Circle Mint.
Aave teased the upcoming V4 upgrade, hinting at significant improvements for the protocol. However, no further details were provided.
Airdrops πͺ
Elixir launched the $ELX eligibility checker, allowing users to view their allocation. ELX powers governance and consensus, with 41% allocated to the community and 22% to the DAO foundation. Holders can run validators or delegate tokens for rewards, with airdrop recipients initially auto-delegated. Those who remain delegated earn a stability bonus over three months.
The final proposal for Elixir Rewards Date is live, offering a 1.25x asset boost to the first 1,000 voters.
Satoshi Protocol opened claims for its GOLD rewards and launched the Satoshi FUN waitlist. Users can check their eligibility and join via the leaderboard on the app.
Farms π§π»βπΎ
Sandglass launched a Kamino Finance vault for SOL in its Main Market, offering a 5x boostβthe highest among Kamino pools. The vault allows users to lock in fixed APY, bet on SOL lending yield increases, and earn trading fees as LPs. All Kamino points from the vault will be directed to YT holders, with maturity set for one year. Sandglass remains the only yield trading protocol on Solana with zero fees on generated yield.
For sponsorships, questions, or news tips, reach us at: support@todayindefi.com
Easy Exposure to DeFi Growth
What if you could get easy access to curated DeFi tokens, through a single ticker?
Thanks to Reserve Protocol's new DTFs, and Today in DeFi Research, you can.
DTFs = ETFs, but better
The Reserve Index Protocol is a decentralized infrastructure that enables the creation and management of index-based Decentralized Token Folios (DTFs), which function similarly to an ETF in traditional finance but operate entirely through smart contracts in DeFi, allowing users to bundle multiple tokens into a single, redeemable unit backed 1:1 by the underlying assets on-chain. It allows for permissionless index composition without relying on external oracles, collateral adapters, or centralized governance.
Reserve Index Protocol is a seamless and flexible framework for creating and managing diversified index baskets. The core elements are:
Creation & Redemption: Users can directly mint or redeem index DTFs via smart contracts, ensuring each DTF is fully backed by a basket of underlying assets. DTFs are redeemable 1:1 for the tokens in the basket.
Incentive Structure: DTF creators have the flexibility to customize fee structures to align with their goals and incentivize various stakeholders.
RSR Burn Mechanism: To enhance the value and sustainability of the protocol, a portion of the fees collected from index RTokens is used to burn RSR (Reserve Rights token).
Decentralized Access: The protocol ensures transparent and inclusive access, allowing anyone to participate in creating, managing, or governing DTFs.
DeFi Growth Index (DGI) Overview
The DeFi Growth Index (DGI) is a curated index by Today in DeFi that tracks the performance of early-stage DeFi projects with growth potential. It highlights projects with innovative mechanisms, market demand, and measurable expansion in user base, transaction volume, and Total Value Locked (TVL). For more details, visit the DGI Overview.
Index Constituents
Morpho Token ($MORPHO) β Modular lending protocol that optimizes rates by combining peer-to-peer lending with Aave and Compoundβs liquidity pools.
Fluid ($FLUID) β Multi-functional protocol integrating lending, DEX aggregation, and looping strategies with smart debt & collateral optimization for efficient leverage management.
CoW Protocol Token ($COW) β A DEX utilizing intent-based swaps, where orders are batched and matched peer-to-peer before routing to external liquidity sources, minimizing MEV.
Balancer ($BAL) β Automated liquidity management & rehypothecation protocol that allows users to create customizable liquidity pools with dynamic weights and automated rebalancing.
Euler ($EUL) β Modular lending platform offering advanced risk-adjusted collateral models, now operating as Euler v2 with enhanced security and optimizations.
Maple ($SYRUP) β Real-world asset (RWA) lending platform providing institutional loans backed by tokenized real-world assets, bridging traditional finance and DeFi.
Derive ($DRV) β DEX and option-writing vault protocol enabling automated covered call and put selling strategies for decentralized derivatives.
Bunni ($LIT) β Liquidity incentive token (LIT) protocol offering automatic liquidity management & rehypothecation, optimizing capital efficiency for liquidity providers.
f(x) Protocol ($FXN) β Stablecoin protocol that issues overcollateralized stablecoins with a leveraged token buffer, enhancing stability.
IPOR Token ($IPOR) β DeFi interest rate derivatives protocol enabling users to hedge or speculate on interest rate movements through optimized yield vaults.
Basket Governance
The DeFi Growth Index (DGI) is governed by the
token, requiring holders to vote-lock their tokens to become governors of the index. Governors have the ability to propose changes to the index basket and vote on proposals submitted by others. In return for participating in governance, they earn a share of the Total Value Locked (TVL) fee collected by the DeFi Treasury Fund (DTF).
Security of Reserve Protocol
β Reserve Protocol is
by Trails of Bits, Solidified, Ackee, Halborn, Trust Security, and Code4rena.
β Reserve Index Protocol has an
of $60,000 partnered with Cantina
The audit does not guarantee any hacks. Please do not invest with more than you can afford to lose.
User Guide
Method 1: Buy via Zap-Swap
Go to the
Reserve DeFi Growth Index page
and connect your wallet.
Scroll down and read the βAbout this DTFβ section to understand the index components, basket governance, and disclosures before depositing.
Click βBuyβ on the right side, then select and enter the amount of tokens you want to deposit.Note: Reserve Zap-swaps support common assets like ETH, USDC, USDT, and others, making it easy to enter and exit DTFs.
4. Review the swap result. Once confirmed, click βBuy DGIβ and approve the transaction.
5. Regularly check back to track the price of $DGI, index performance, and token composition with updated percentage allocations
Method 2: Mint & Redeem for Large Amounts
If you want to buy or sell a large amount, liquidity may be insufficient. In this case, go to the
section.
Enter the amount of DGI you want to mint, check the required amount of euch tokens, and approve the transaction in your wallet. To redeem, follow the same process in reverse.
Official Links
Disclaimer
This article is for informational purposes only and does not constitute financial, investment, legal, or tax advice. Today in DeFi does not issue, manage, or control any tokens, protocols, or investment products mentioned. DeFi investments carry significant risk, including potential loss of funds due to smart contract vulnerabilities, market volatility, or regulatory actions. Users should conduct their own due diligence and consult professional advisors before participating.
Today in DeFi is not liable for any losses incurred from interacting with Reserve Protocol, the DeFi Growth Index (DGI), or related platforms. Security audits do not guarantee the absence of risks. Engage with these protocols at your own riskand only invest what you can afford to lose.
If you have any questions or feedback feel free to reach us at support@todayindefi.com
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.