LWID: Hyperliquid Activated "Growth Mode", Solv Protocol Live on Solana, Lighter Launched Equity Trading, and many more...
Launches 🚀
Monad launched its Ethereum-compatible mainnet today, featuring parallel execution and MonadDB to deliver sub-second finality at scale while maintaining decentralization. Following a $269M token sale with 85,000+ participants, airdropped tokens are now live in eligible wallets, and users can start bridging assets, trading on Uniswap, and exploring 75+ apps across staking, lending, and gaming.
Supra launched its MultiVM Testnet, giving developers the ability to deploy both EVM and Move smart contracts on a single chain with shared liquidity, positioning the network as a unified environment that removes the need to pick between ecosystems.
Fogo completed its Mainnet genesis, opening USDC transfers while keeping dApps offline as validators and infrastructure finalize preparations for the network’s public launch, framing the Genesis Phase as a stability-first rollout to ensure a secure and smooth trading experience once live.
Frontrun launched its trading beta, offering cross-site execution with faster fills and a limited-time 0.1% flat fee that undercuts competing platforms by up to 90%, backed by Alliance and built by a team with prior experience at Sui and Robinhood; the extension is already used by 10k+ traders leveraging its wallet labels and tracking tools.
Jupiter Lend launches Refinance, a feature that lets users migrate borrow/lend positions from other protocols directly into Jupiter with better rates, higher LTVs, zero slippage, and no added fees, supporting pairs like JLP/USDC, mSOL/SOL, SOL/USDC, INF/SOL, and syrupUSDC markets as the platform expands its integrated lending suite.
Avail launched Nexus Mainnet, a cross-chain execution layer that unifies liquidity and routing across major ecosystems, including Ethereum, BNB Chain, Base, Monad, HyperEVM, and more, introducing intent-based execution, multi-source liquidity, and a path toward unified verification via Avail DA to simplify cross-chain UX and let apps operate seamlessly without traditional bridges.
Klarna introduced KlarnaUSD, becoming the first bank to launch a stablecoin on Tempo, Stripe and Paradigm’s payments-focused blockchain, aiming to bring faster and cheaper cross-border transactions to its 114M customers as stablecoin volumes hit $27T annually, signaling a push toward scaled consumer crypto adoption.
Curvance launched its lending protocol on Monad, offering collateralized borrowing with an MEV-aware liquidation system for higher capital efficiency, while users earn Bytes through activity and milestone-based campaign progress as the platform expands markets and integrations alongside Monad’s ecosystem growth.
Updates 📰
Kinetiq launched its governance token KNTQ on Hyperliquid, pairing it natively with USDH and enabling seamless transfers across HyperCore and HyperEVM as the ecosystem expands support for native assets.
Polymarket secured CFTC approval to operate as a fully regulated U.S. exchange, allowing intermediated access through brokerages and FCMs while bringing its prediction markets under the same rules as federally regulated venues, marking a major step toward mainstream, compliant adoption in the U.S.
HyperliquidX activated “growth mode” for HIP-3 deployers, allowing new markets to cut fees by 90% in addition to existing incentives like aligned stablecoin collateral benefits and staking discounts.
trade.xyz cut trading fees on all XYZ assets by 90%, dropping the top tier to under 0.009%. New users trading $1,000 now pay around 9 cents as takers and under 3 cents as makers, making XYZ one of the cheapest venues for accessing equity perpetuals.
Solv Protocol went live on Solana, launching its on-chain BTC reserve with a boosted campaign offering up to 13% APR on Solv Strategies. The program includes a 100+ BTC deposit cap, and eligible users can now participate through the Solv Solana interface.
Tom Lee’s Bitmine accumulated another 14,618 ETH (~$44.3M) within the past few hours, according to Lookonchain, continuing its steady on-chain Ethereum buildup.
Liminal extended Hyperliquid’s native yield to EVM chains using LayerZero’s OVault infrastructure, enabling xTokens like xHYPE to mint, redeem, and bridge seamlessly across Ethereum, Arbitrum, and HyperEVM.
USDT₮0 and XAU₮0 have gone live on Monad, bringing the network its largest stablecoin and a gold-backed asset as it rolls out high-speed, parallelized EVM execution.
Ethena partnered with Nunchi, the HIP-3 deployer building perpetuals on yield markets, with a share of Nunchi’s revenue set to benefit the Ethena ecosystem and a potential future airdrop if Nunchi launches a token.
All initial Nunchi markets will use USDe as the quote asset, allowing traders to earn yield on margin, while stakers in Nunchi’s nHYPE LST will receive 20x Ethena rewards as part of the exchange’s bootstrapping phase.
FG Nexus disclosed it sold 10,922 ETH (21% of its total holdings) for share buybacks, leaving 40,005 ETH remaining in its treasury, according to the latest filing.
Lombard rebranded BTCK to BTC.b on Katana, keeping the same underlying asset with no action required from holders. Katana supports both LBTC (yield-bearing) and BTC.b (non-yield), with BTC.b already over 332 BTC and widely used across Sushi and Morpho.
Rabby added support for Monad, letting users track their assets and DeFi positions directly in the wallet, with initial integrations live for Uniswap, Curve, PancakeSwap, OctoSwap, and LFJ as Monad activity starts to expand.
Liquid integrated Lighter into its mobile app, enabling zero-fee perpetual trading for users who sign up with an email, transfer $15 from Hyperliquid, and trade BTC, ETH, SOL and more while earning points from both platforms. The update brings Lighter’s low-latency zk-rollup execution to mobile and strengthens
DeFi Saver launched Automated Collateral Switch for Aave v3, letting users set price-based triggers that automatically swap their collateral between supported assets across Mainnet, Arbitrum, Optimism, and Base, with stablecoin-pair requirements and switch limits ranging from $10 on L2s to $500k across all networks.
Securitize secured EU approval to operate as both an Investment Firm and a Trading & Settlement System on Avalanche, becoming the first regulated digital-securities operator across both the U.S. and EU and enabling seamless cross-border access to tokenized assets.
WOOFi unveiled Starchild Beta as part of WOOFi 2.0, introducing an intelligence layer that converts trader intentions into structured setups—entries, stops, targets, and sizing—while offering smart alerts for price action, funding, open interest, and wallet flows, aiming to shift trading from reactive noise to guided execution.
Swell rebranded to Voyager as it broadens its mission into AI-powered trading on Hyperliquid, introducing a new identity and leadership while keeping all existing products—swETH, rswETH, and Swellchain—fully supported. Voyager will surface real-time data and signals for assets like HYPE, ETH, BTC, PUMP, XRP, and SOL, with early access available through its new Discord ahead of an upcoming beta launch.
Fuel released its Tokenomics 2.0 proposal, outlining a stronger economic framework for the next phase of the network and opening the draft for community review as it refines incentives and long-term sustainability.
Almanak launched its Strategy Builder V1 to the public, letting users create, test, and deploy on-chain trading strategies through its AI Swarm with no coding, offering TA and LP templates, 300 free starter credits, a new role system, and upcoming features like looping strategies and the Almanak Games.
VanEck increased its exposure to ETH staking, adding 12,600 ETH (about $37.9M) to its Ethereum ETN, according to LookOnChain.
Infinex opened its INX token sale to everyone under the same $300M FDV terms, allowing $200–$5,000 bids with equal-odds allocation and refunds if oversubscribed, while Patron holders receive guaranteed higher allocations; the sale features a one-year lock with optional early unlock and vesting tied to FDV, ahead of the January 15, 2026 TGE.
Pendle was added to the Bloomberg Galaxy DEFI Index, marking a new level of institutional recognition for its fixed-yield markets as it joins one of TradFi’s most established benchmark indices.
Treehouse executed its first DAO-approved TREE buybacks under TIP-4, using 50% of MEY revenue to accumulate tokens in the treasury multisig, marking the start of weekly, revenue-backed buybacks designed to scale alongside new tAssets and expand long-term tokenholder value.
Tapp Exchange launched its whitelisted testnet for Tapp Perps on Aptos, giving early traders access to its new perps engine ahead of a full trading competition as the team invites users to stress-test and explore the system.
Ethereal enabled mainnet-alpha users to generate access codes, introducing a referral program that grants 10% of referred users’ points and offers early access plus three invite codes to the first 100 users who join through shared links.
Lighter added equities perps with 10x leverage, debuting COIN and HOOD markets under a 10M OI cap, using XLP to handle liquidations and aligning trading hours with the U.S. session from 9:00–4:30 ET while operating on isolated margin.
Issues ⚠️
MegaETH will refund all Pre-Deposit Bridge funds after acknowledging execution issues and misaligned expectations, with a new audited contract enabling refunds soon; the team emphasized compliance-aligned communications, reaffirmed USDm’s role in the ecosystem, and plans to re-open the USDC–USDm conversion bridge before Frontier mainnet to deepen liquidity and smooth user onboarding.
Berachain pushed back on reports claiming Nova Digital—part of Brevan Howard—received special refund rights on its $25M Series B stake, calling the coverage incomplete and inaccurate. Smokey(Berachain’s CEO) clarified that Nova invested in the same paperwork as all other Series B participants, with a side letter added only to meet Nova’s compliance requirements in case Berachain failed to TGE, not to shield the investor from post-launch losses. Berachain says Nova remains one of its largest tokenholders, has increased exposure over time, and continues supporting the ecosystem through liquidity and locked holdings.
Aerodrome reported that its Velodrome and Aerodrome domains were hijacked due to an internal breach at NameSilo, though all onchain contracts and decentralized domains stayed secure. The attack redirected users to malicious pages for a few hours, causing roughly $700K in losses before security teams contained it.
Aerodrome will move its centralized domains to new infrastructure next week and offer grants to affected users pending verification.
Maple Finance rejected CORE Foundation’s allegations about the BTC Yield program, stating that syrupBTC was built independently, and no CORE confidential information was used. Maple said the BTC Yield program was fully hedged and ring-fenced, but CORE’s legal actions blocked planned risk management steps, forcing Maple to pursue enforcement through ongoing legal proceedings.
Maple will return 85% of BTC principal now and release the remaining 15% after resolution, noting that syrupUSDC and syrupUSDT remain fully isolated and unaffected.
MegaETH published a full retro on its pre-deposit turmoil, outlining a series of compounding issues—from a mismatched SaleUUID that blocked initial transactions to Sonar rate-limit failures and a rushed cap-lift that was executed early due to the operator not being familiar with Safe multisig mechanics—resulting in a chaotic fill to $500M before the team halted plans for a $1B cap and committed to releasing a withdrawal page for users who deposited under different assumptions.
BasisOS reported that its Agentic FoF was compromised in a security breach affecting roughly 531k, prompting all vaults to be paused while withdrawals for the affected FoF are suspended; Basis vaults remain secure with withdrawals still available as the team conducts an internal investigation and prepares an update in the next 24 hours.
Telos Consilium deployed a rescue strategy for Earn products impacted by Stream Finance, applying updates to Surge vaults on both Mainnet and Plasma to ensure any recovered liquidity is distributed pro rata and not claimed by early withdrawers; the Treeve market has also reopened, with remaining equity allowing users to repay debt and unwind positions through the Treeve UI.
Upbit confirmed its hot wallets were compromised, with roughly $36M in Solana-ecosystem assets transferred to an external address; the exchange halted deposits and withdrawals, moved funds to cold storage, and worked with authorities to freeze part of the stolen assets, stating all losses will be covered and users remain unaffected.
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