Hyperliquid Introduces Staking Tiers, WalletConnect Opens WCT Transferability Vote, Upcoming Events and Token Unlock, and more...
Launches π
Denaria has launched its public testnet on Linea Sepolia, allowing users to trade long and short while earning DXP points on its perpetual DEX. Participants can access the testnet now and should verify they are using App version 3.2.1 or later.
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Updates π°
Hyperliquid is introducing Staking Tiers, where users staking HYPE will receive reduced trading fees. The new fee system, launching on or after April 30, will feature separate schedules for perps and spot, with spot volume counting double toward fee tiers.
Even without staking, fees will remain lower than most CEXs. The update is expected to increase protocol revenue while adding more utility for HYPE.
ChainGPT has integrated with Sonic, the fastest EVM Layer 1, bringing its AI NFT Generator, ChainGPT Pad, and DegenPad to the network. This expansion enhances AI-powered NFT creation and project launches within the Sonic ecosystem.
The Uniswap community has approved a $120.5M budget to support Uniswap v4, Unichain, and governance initiatives over the next two years, allocating 20.32M UNI for grants and operations.
Funds will be managed by Gauntlet within pre-set parameters while governance retains control.
The Uniswap community has approved funding for Unichain and Uniswap v4 liquidity incentives, allocating 7.59M UNI to an Aera vault under governance oversight.
The vault, deployed and configured by Gauntlet, will now be resumed and funded to support liquidity incentives, with ownership transferred to the Uniswap Timelock contract.
Cryptex Finance has launched the Arbitrum DeFi Index (ARFI), tracking top DeFi protocols on Arbitrum, including Aave, GMX, Uniswap, Pendle, Stargate, and Curve. More assets are expected to be added, expanding exposure to the ecosystem.
Fluid has launched its Swap UI, enabling users to swap tokens at the best on-chain prices through its aggregator, which integrates Kyber Network, 1inch, Paraswap, and others. No frontend fees are applied.
Issues β οΈ
Vicuna Finance has paused the De-Leverager contract and removed it from the UI after detecting an exploit that siphoned $7,300 across four transactions. The issue was quickly contained using a killswitch, and all other funds remain secure. Affected users will be fully reimbursed within 24 hours, with a full post-mortem to follow.
SlowMist has detected fake Microsoft Teams sites spreading malware, posing a risk to users. Microsoft users are advised to verify sources before installing apps to ensure they come from official channels.
Upcoming β³
WalletConnect has opened voting on the WCT Transferability Proposal, allowing the community to decide on transferability criteria. Voting is live on Snapshot and will close on March 26 at 10:00 CET.
Ethereal has reached $475M in USDe pre-deposits, with more protocols set to join Ethena Labs and Pendle in Season Zero. Participants can earn Ethereal points and Ethena rewards by depositing USDe through Etherealβs app or Pendle, with the latter offering a 60% boost in Ethereal points and 50x Ethena rewards.
Morpho is expanding to Plume Network via Solera, enabling users to access flexible and high-performance lending vaults. Solera will leverage Morphoβs infrastructure to provide institutional-grade yields and RWA-powered lending strategies.
Elys Network is integrating with Axelar to enhance DeFi user experience through chain abstraction and unified liquidity. As a DeFi hub in the Cosmos ecosystem, Elys aims to provide seamless access to DeFi tools across multiple ecosystems.
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Airdrops πͺ
Vest has distributed 1,000,000 weekly points, rewarding user engagement. Participants can check their balances now, with the next distribution set for March 26 at 10 AM EST.
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Upcoming Events and Token Unlock
Here are the Events and Token Unlocks for this and the upcoming week, including token unlocks, global crypto events, airdrops, TGEs, and key governance announcements. Stay updated effortlessly, all in one place.
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