LWID : Bybit Launches DEX, Sonic Season 2 Airdrop, Hyperwave Launches hwHLP, and many more...
Launches 🚀
Byreal has launched as a new onchain liquidity network incubated by Bybit and built on Solana, aiming to bridge CEX-grade liquidity with DeFi transparency. It introduces a hybrid CLMM + RFQ DEX, a “Reset Launch” platform with Smart Price Ladder and Fairshare Engine, and curated yield vaults like bbSOL.
Testnet goes live June 30, with mainnet expected in Q3 2025.
Fliq Predictions has launched its public testnet, enabling users to trade opinions onchain. A 3-week campaign offers $500 in weekly rewards, with rankings based on PnL percentage. Snapshots occur every Saturday at 2PM UTC, starting June 21.
Top 20 traders each week will share the prize pool.
Supra has unveiled Hydrangea, a new consensus protocol that reduces traditional three-step voting to a single step without sacrificing fault tolerance. Compared to Tendermint, Kudzu, and Solana’s Alpenglow, Hydrangea achieves faster finality and stronger resilience—withstanding up to one-third malicious or crashing nodes.
Hyli has launched its testnet, showcasing onchain apps like a Fruit Ninja-style faucet, ZK chat, eZKasino, and the Orange Trail game. All apps run offchain and settle on Hyli using RiscZero, SP1, and Noir-based proving systems.
Access is invite-only as the team stress-tests the network.
Babylon has launched Genesis V2, marking a major leap for BTCFi and cross-chain composability. The upgrade includes permissionless native token creation, IBC callbacks for automated logic, multi-hop transfers via PFM, and interchain accounts for programmable control.
EigenLayer has launched EigenCloud, a platform for verifiable apps, AI, and services secured by the EIGEN token. Combining offchain power with onchain trust, EigenCloud enables cryptoeconomically secured agents, verifiable marketplaces, and more. It’s powered by EigenDA, EigenVerify, and EigenCompute, with $70M in support from a16z to build the verifiable economy.
Hyperwave has launched hwHLP, the first liquid token earning yield from its Hyperliquidity Provider vault (HLP), allowing users to profit from market making and liquidations on Hypercore while retaining liquidity for use across HyperEVM.
Users can deposit USDT0 or USDe to receive hwHLP, with initial DeFi opportunities including a tri-pool on Curve alongside USDhl and USDXL. Backed by partners like Hypurrfi, Kittenswap, Felix, and LayerZero, hwHLP enables multichain use with zero fees for the first 90 days.
Nectra has launched on Citrea testnet, offering permissionless, non-custodial Bitcoin-backed stablecoin loans. Users can borrow nUSD using BTC as sole collateral, avoiding custodians, rehypothecation, and opaque terms.
nUSD is fully BTC-backed and earns native yield via protocol revenue. Mainnet and incentives are coming soon.
Updates 📰
Meteora has introduced Rate Limiter, an upgrade to its A.S.S system that applies sniper taxes to large buys at launch while leaving small buys untaxed. The feature aims to protect retail traders and promote fairer token distribution and healthier Day 1 trading volume.
Namada has entered Phase 5, enabling internal NAM transfers between shielded and unshielded addresses, with privacy shielding now live. External IBC transfers will follow pending a second governance proposal. The team is preparing to extend privacy features across multiple blockchains in its next phase.
Cap has updated its documentation, providing the latest information on features and platform changes. Users are encouraged to review the new docs to stay current with all things Cap.
Bungee is now live on Solana, enabling one-click swaps for any Solana token from over 30 chains. The launch brings cross-chain liquidity access directly to the Solana ecosystem.
PancakeSwap has launched Crosschain Swaps, allowing users to swap tokens across BNB Chain, Arbitrum, and Base in one click, powered by Across Protocol. To celebrate, users who try it and share their experience can win a share of $500 in CAKE.
Kamino has raised the max LTV on SyrupUSDC to 80%, allowing up to 5x leverage on its Multiply vaults. Backed by Maple Finance, the vault has driven over $30M in deposits, offering one of the highest stable yields on Solana.
Dinero has rebranded superETH to ultraETH as it joins Optimism’s SuperStacks program. The token remains an ETH LST designed for the Superchain, continuing its mission under a new name.
Fluid has integrated EIP-7702, enabling users to batch multiple transactions into one for a smoother experience. The upgrade is now live on both Ethereum and Base networks.
Ondo Finance has launched the Global Markets Alliance, bringing together leading wallets, exchanges, and custodians—such as Solana Foundation, Bitget Wallet, Jupiter, Trust Wallet, BitGo, and Fireblocks—to set standards for tokenized securities.
Plasma has capped total deposits at $1 billion, marking the close of its deposit period aimed at broad, fair participation and stablecoin liquidity bootstrapping for mainnet beta. Users can still withdraw before the lock-up phase, though doing so—or transferring receipt tokens—will reduce their units.
Plume has integrated Chainlink CCIP, enabling secure cross-chain messaging and native token transfers across 46+ networks. With CCIP, Plume builders can now create multichain RWAfi apps, automate execution across chains, and manage tokenized assets seamlessly
Mitosis now supports Binance Wallet for both its Expedition and Matrix platforms. Users can deposit assets via Binance Wallet and earn rewards for participating.
Rumpel Labs has launched on Hyperliquid’s HyperEVM, enabling users to tokenize and sell reward points for instant liquidity. The platform partners with 0xHyperBeat and Sentiment to integrate point trading with automated yield farming and leveraged lending.
Hibachi has unveiled the Wynn Upgrade, a privacy-focused CLOB architecture built on Celestia with ZK proofs from Succinct. Encrypted orderbook and balance states are published to Celestia’s Private DA, ensuring user data remains private yet verifiable.
Linea now supports CCTP V2 USDC transfers via Portal Bridge, powered by Wormhole. Users can securely move USDC from other chains to Linea within seconds, enabling faster and safer cross-chain transactions.
Moonwell has launched its USDC Vault on Optimism Mainnet, allowing users to deposit USDC and stake to earn WELL, OP, and borrower fees from Morpho’s Isolated Markets.
Rewards are claimable anytime, offering a streamlined yield strategy within the Moonwell app.
Ethena Labs has launched the USDtb Liquidity smart contract in partnership with Securitize and BlackRock’s BUIDL, enabling atomic 24/7 onchain swaps between USDtb and BUIDL. The integration enhances composability and real-time liquidity access for the tokenized Treasury fund.
Arbitrum has launched ArbOS 40 “Callisto” on Arbitrum One and Nova, integrating Ethereum’s Pectra upgrades including EIP-7702 for account
abstraction, EIP-2537 for BLS precompiles, and EIP-2935 for block hash access.
The upgrade enhances developer UX with one-click swaps, gas sponsorships, zk support, and trustless data access across the Arbitrum ecosystem.
Ether.fi has enabled bridging of weETH to Hyperliquid’s hyperEVM, expanding cross-chain access and utility for staked ETH within the Hyperliquid ecosystem.
Avalanche has integrated Chaos Labs’ Proof of Reserves to enhance transparency for bridged assets like BTC.b and WETH.e. The system offers onchain reserve verification, live coverage ratios, discrepancy alerts, and historical data, with plans to add sAVAX and ggAVAX.
CoW Protocol has launched Fair Combinatorial Batch Auctions (FCBAs), a major upgrade enhancing DEX efficiency, fairness, and MEV protection. The new system increases auction throughput by 33%, enables combinatorial bids for optimal trade coordination, and boosts solver rewards by 25%, all while maintaining uniform clearing prices to prevent front-running.
Euler has become the first lending protocol to integrate ether.fi’s weETH on Avalanche, with the asset now live as collateral. The listing was curated by K3 Capital.
Compound has added support for wrapped Super OETH (wsuperOETHb) on Base, enabling users to leverage up to 8.3x against their staking yield. The market launches with a 2,000 token supply cap and 88% LTV.
Echelon has added xBTC, a 1:1 Bitcoin-backed asset custodied by OKX, to its Core Market on Aptos. Users can now deposit xBTC and borrow with up to 60% LTV.
Jupiter has launched Radar on its mobile app, consolidating updates from dApps into a single feed with customizable notifications. Users can opt in for alerts on DeFi positions, governance changes, and new features. Radar is enabled by default for Jupiter products, with third-party support available via settings.
Derive has launched Derive Pro, a fully customizable trading interface featuring modular tools, portfolio margining with up to 3x better capital efficiency, and lightning-fast execution. Traders can design their own terminal layout, link widgets for seamless workflows, and use LRTs as risk-offsetting collateral.
Derive Pro is now live at pro.derive.xyz.
Bluefin has introduced Spot 2.0 on Sui, featuring hybrid liquidity via RFQ and CLMM for better pricing and MEV protection. It leverages Bluefin7K aggregator infrastructure for smart routing and deep liquidity across major protocols.
Yala has integrated RateX into its DeFi Marketplace, enabling Solana users to trade yield with leverage, lock in fixed $YU returns via PTs, and farm Berries through LP and YT strategies.
Users earn 6x Berries and 5x RateX points for participating, with no bridging required—just connect a Solana wallet and start earning.
Oku has integrated Morpho Labs on Base, enabling users to earn and borrow directly through Oku’s interface. Users can deposit assets into vaults to earn interest or borrow assets like USDC against cbETH and other collateral via Morpho Markets.
Issues ⚠️
MapleStory Universe has permanently banned accounts involved in illegitimately clearing top bosses like Lotus and Damien using hacks, with linked wallets also sanctioned. A full investigation is underway, and a new multi-layered detection system is being implemented to prevent underpowered clears and broader bot abuse.
Over 10,000 accounts are already penalized daily, and structural deterrents are being developed to counter wallet-based evasion.
DELV has announced it is shutting down operations after five years of building fixed-rate infrastructure in DeFi. The team cited the decision as difficult but necessary, marking the end of its journey.
Meta Pool has paused its mpETH contract on Ethereum following an exploit involving unauthorized token minting via the
mint()function. The attack was quickly detected and contained, with further damage prevented.The team is investigating the vulnerability, assessing DEX and OP bridge impact, and preparing a community action plan.
Iranian crypto exchange Nobitex was hacked for approximately $82 million across Tron, EVM, Bitcoin, and Dogecoin chains. The breach involved unauthorized access to its infrastructure and hot wallets. Hacker group Gonjeshke Darande claimed responsibility and threatened to release Nobitex’s internal data within 24 hours.
RISC Zero disclosed a critical vulnerability in its rv32im circuit affecting versions 2.0.0 to 2.0.2 of risc0-zkvm, impacting 3-register RISC-V instructions. The issue was reported via HackenProof and resolved in version 2.1.0, with a $50K bounty awarded. All partners have since migrated.
Matchain has paused Genesis License claiming to resolve a technical issue. The team is actively working on a fix and will provide updated instructions soon. Users are advised to await further announcements.
Abstract Ecosystem has reported a compromise of its main social account, @AbstractChain. Users are advised not to interact with any posts or links from the account and to verify all information through official team channels and Discord.
Upcoming ⏳
Spectra is expanding to Avalanche, bringing fixed rates, yield and points leverage, PT looping strategies, and permissionless pool creation to the AVAX ecosystem.
Supralend has announced its upcoming testnet launch on Supra’s high-speed blockchain, offering DeFi users a new platform for lending, borrowing, and yield generation. More details will be shared soon.
Matchain's MAT 0.00%↑ token goes live on June 19, marking a major milestone where all past activity—MatchID, licenses, and quests—translates into real utility. On launch day, $MAT will be on-chain, tradable, and stakeable, with rewards starting immediately.
Aave V4 introduces a unified Liquidity Hub per network, replacing siloed markets and enabling custom Spokes to access shared liquidity. The upgrade aims to make Aave more modular, builder-friendly, and accessible across new DeFi use cases.
DualMint is launching on Arbitrum this week, starting with tokenized A/C units that reduce power bills by 20% and stream the savings to wallets in USDC. Focused on stable real-world infrastructure, the platform targets reliable returns from low-volatility assets.
Wormhole has launched the WIP-3 governance proposal to establish a Grants Program aimed at accelerating ecosystem growth. Community members can now review and vote on the proposal via Tally.
J.P. Morgan is launching JPMD, a permissioned USD deposit token for institutional clients, on Base. As the first token of its kind on a public blockchain, JPMD enables fast, secure, 24/7 money transfers between approved parties, leveraging Base’s low-cost, high-speed infrastructure.
Spectra is expanding to BNB Chain, bringing fixed rates, points leverage, PT looping strategies, and permissionless pool creation to the ecosystem.
Ink Foundation will launch the INK token with a fixed 1B supply to power its DeFi ecosystem, starting with a liquidity protocol built on Aave. INK will govern and incentivize the protocol but not the Ink Layer-2. An airdrop will reward early users, with details to follow.
Nexus has announced that Testnet 3 is launching soon, marking the next phase of development for its protocol.
Ambient Finance is preparing to launch a new perps DEX, aiming to deliver the most feature-rich experience in the space. Deployment details are expected soon.
Nexus has announced that Testnet III will bring new features, wider access, and more earning opportunities. Users are encouraged to prepare by setting up a wallet, exploring Nexus OS, and reviewing the participation guide ahead of launch.
Airdrops 🪂
Sonic Labs has confirmed its Season 1 airdrop will conclude on June 18, with claims set to open a few weeks after. Further details on eligibility and distribution mechanics are expected post-season.
Spark has entered Phase 2 of its Ignition Airdrop, dubbed Overdrive. Eligible users can claim unclaimed Ignition SPK and qualify for Overdrive by staking their SPK throughout the period. Additional boosts apply for saving at least 1,000 USDS or USDC. Spark Points will accrue on staked SPK during the event.
Matchain has launched its campaign with ChainGPT Pad, offering users a chance to join the Matchain Launchdrop and compete for a $100K prize pool.
Participants must complete quests on Galxe by June 16, 12PM UTC to qualify
Inference has launched its Epoch 3 devnet airdrop, with staking set to activate on the Solana devnet at 4PM PST today. Eligible users can now claim their tokens and begin testing the staking protocol.
Rekt Drinks has announced a limited edition release, “Jupiter Drops,” in collaboration with Jupiter Exchange. Only 2,222 units will be available for pre-order starting Monday at 4PM UTC, exclusively for $JUP stakers and $REKT holders from a prior snapshot.
Each case costs $69.69 with crypto and fiat payment options, and buyers earn 50,000 DRANK points per case.
Taiko kicks off Trailblazers Season 5 on June 16, featuring major updates like based preconfirmations expected to go live on mainnet, enhancing UX and speed. Users can earn XP by using dApps, while Liquidity Royale returns with 700,000 TAIKO in rewards for top LPs. Season 4 rewards are still under review due to Sybil checks, with claims opening once the process is complete.
Plume Network Season 2 has launched with 150M PLUME in rewards to drive RWA adoption. Enso powers all swap, zap, and bridge activity across Royco Protocol markets, enabling seamless execution from day one.
NodeOps has launched its Genesis Airdrop, rewarding contributors to its network coordination efforts. Eligible users—those who participated in testnet tasks, node deployment, or console activity—can now check their status via the claim checker.
Nansen has teased the launch of Nansen Points Season 01, starting June 17. Details remain limited, but the program hints at a new rewards or engagement system tied to user activity.
Compute Labs has completed its airdrop, distributing miniGPU tokens backed by deployed H200 GPUs via CloudNexgen. These fractionalized assets offer exposure to real AI infrastructure, with $USDC yield claims going live on July 16, 2025.
Matchain's airdrop portal is now live. Users must visit the claim site, tap “Get ready to claim,” and submit their intended wallet address to receive rewards. The snapshot is already finalized, so only submission is required to proceed.
Taiko has officially launched Trailblazers Season 5. Participants can explore the ecosystem and earn rewards by climbing the leaderboard. To get started, users should claim their Trailblazer role via Guild for access to key benefits.
Galxe has launched a new Earndrop with Tanssi Network, which offers modular infrastructure for launching ETH-secured appchains. A total of 40.5M $TANSSI tokens will be unlocked via Galxe once Tanssi mainnet goes live.
Pharos, an EVM-compatible network focused on decentralized payments, has launched its incentivized testnet following an $8M raise from Hack VC and others. Users can participate for free by completing social and onchain tasks such as token swaps on Zenith, lending on OpenFi, and deploying contracts via Mintair.
A potential airdrop is hinted, with testnet rewards tied to activity and referrals.
Kinto has announced that stakers will receive over $100K in airdrops this season. The first airdrop will be revealed on Thursday, with distribution set for July 4.
Spark has launched Overdrive, the second phase of its airdrop, redistributing unclaimed Ignition SPK to users who stake their airdropped SPK via Symbiotic by July 29. A 2x boost is available for wallets that hold at least 1,000 USDS or USDC from July 29 to August 12.
Only originally airdropped SPK counts toward Overdrive units.
LoopedHYPE has opened registration for Phase-2 of its airdrop following a $50M TVL milestone, with over $145M deployed across Hyperlend and Hypurrfi. Users can now check their LOOP allocation and register by July 16. LOOP, the utility and governance token of the Looping Collective, powers all products and offers up to 3x points when staked.
Airdrop distribution is set for July 18–22, with 45% of total LOOP supply earmarked for Early Adopter rewards as TVL milestones are reached.
Sonic Labs has launched Season 2 of its $S airdrop with new rules favoring active, loyal users. Passive points are removed, and revenue now contributes to Gem earnings. Season 1 claims will open after a sybil filter review to ensure rewards go to genuine participants.
Galxe has launched the $FARE airdrop in collaboration with Fareplay, rewarding the top 1,110 participants from three seasons of Fareplay Deathmatch. Eligible users can now check and claim via Galxe Earndrop.
Matchain has opened $MAT airdrop claims. Eligible users can now connect their submitted wallet at claim.matstake.io to view allocations, unlock schedules, and claim their initial tokens. Staking is available on matstake.io with over 20% APY. 300,000 $MAT will be distributed in the first month, with future unlocks driven by the community.
Sonic Labs has added new whitelisted assets for the $S airdrop: metaUSD (6x) and metaS (4x) from StabilityDAO, and sonicUSD (6x) from Tokemak. Eligible users can acquire the assets via Stability’s Metavaults and Tokemak’s pools.
Farms 🧑🏻🌾
ApeX has launched Protocol Vaults offering over 65% APY via liquidation fees on USDT deposits, with daily earnings and flexible withdrawals. Other updates include the ongoing Alpha Radar feedback campaign with $5K in rewards, XP Week 21 for the 25M $APEX airdrop, and 26,350 $APEX distributed in staking.
Penpie has launched a boosted $iUSD pool on Ethereum, offering InfiniFi users 4.5x InfiniFi Points per dollar deposited. The new pool aims to enhance yield opportunities for $iUSD liquidity providers.
Lista DAO is offering 17.34% APR on BNB through slisBNB staking for Binance Launchpool rewards. Users can either stake BNB directly or borrow BNB via Lista Lending's vaults using assets like BTCB, ETH, or USD1 as collateral.
Optimism has released the final SuperStacks pools and vaults ahead of the program’s conclusion. Users can now earn XP through WETH/ultraETH pools on Velodrome (OP Mainnet and Inklab) and USD₮0 vaults on Unichain curated by Re7Labs and Gauntlet, powered by Morpho.
Spectra has added support for Aave’s savings GHO (sGHO), now live with around $700K in liquidity. LPs can earn a baseline 29% APR with incentives, while Principal Tokens offer fixed returns and Yield Tokens provide leveraged exposure to Aave’s Merit program.
Ether.fi and Katana have launched a new vault supporting weETH and WETH deposits, capped at $50M. Users earn $KAT, $ETHFI, and staking rewards (for weETH), with lending yields via Morpho to follow.
Rewards begin immediately with no lockups, and vault strategies are managed by Sentora and Morpho.
Varlamore Capital has boosted xSILO incentives 4x in its USDC Growth vault on Silo Arbitrum, now offering 72% APY on single-sided USDC deposits with no lockups. Deposits support sUSDX looping by Stables Labs, which provides a 5.8% base yield.
Ethena assets now power over 50% of InfiniFi’s iUSD backing, with sUSDe and PTs forming the core of its digital dollar. Users depositing into InfiniFi earn amplified APY and smarter risk-adjusted yields, while sENA holders receive boosted InfiniFi points and early bird bonuses over the next two weeks.
Kamino has onboarded kySOL-PT (Sept. maturity) to Exponent, reopening the kySOL-PT/SOL loop with up to 5x leverage and 10,000 $JTO monthly rewards for SOL borrowers via Jito.
PTs offer fixed-income exposure to kySOL, which earns dual yield from SOL staking and Jito fees.
Falcon Finance has launched USDf, sUSDf, and PT‑sUSDf on Euler Frontier, enabling users to supply these assets as collateral, borrow USDC, and loop for yield. sUSDf and PT‑sUSDf continue earning while used.
With $60K in incentives and no cap limits.
Velodrome has listed ultraETH from Dinero, replacing superETH, with trading and LP pairs now live on OP Mainnet and Ink. Pairs include WETH, USDT0, and superETH, with incentives set to launch soon.
Euler Frontier has launched a new isolated market for Inverse Finance’s sDOLA, offering fixed-rate yield with yield-bearing sDOLA as collateral. The market supports full looping with no caps and includes $20,000 in incentives.
River has launched satUSD+ on Pendle, enabling onchain yield trading via PT/YT. Users can earn stable yield and receive 5x River Points for satUSD+ YT positions and LPs.
Superform has launched a leveraged yield strategy using PT-SuperUSDC on Morpho, offering up to 78.11% stablecoin APY. Users can loop by swapping USDC for PT-SuperUSDC on Pendle, supplying it as collateral, borrowing USDC, and repeating. A 5-loop strategy yields ~31% APY, with increased risk at higher leverage.
Falcon Finance has launched Pilot Season, rewarding early users of its USDf stablecoin ecosystem. Users earn "Miles" by minting, holding, swapping, staking USDf to sUSDf, LPing on major DEXs, and referring others—some actions earn up to 40x Miles daily.
Retroactive rewards apply to existing LPs, and all activity is backed by Proof of Reserves via htdgtl.
Liquity’s BOLD is now live on Pendle, with two new markets: sBOLD and Yearn’s ysyBOLD, both maturing on Nov 27, 2025. sBOLD, built by K3 Capital, and ysyBOLD, by Yearn, are auto-compounding vaults optimizing returns from Liquity V2 Stability Pools.
YT holders on Pendle gain ~7% base yield plus leveraged exposure to 20+ fork airdrops.
Yearn has launched its first OEV-Boosted USDC Vault on Morpho, using API3 oracles to capture Oracle Extractable Value (OEV). This new design redirects liquidation-related MEV back to vault depositors, boosting yields during market volatility.
The vault offers better returns, oracle transparency, and enhanced diversification.
OpenEden has launched a new cUSDO pool on Napier Finance with boosted rewards through June 27, 9am UTC. Users earn 20x Bills points for holding YT cUSDO and 12x for supplying LP, offering enhanced incentives during the campaign period.
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Stablecoin Strategy: Loop Your Way to 25%+ APY and Airdrop Gains
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