LWID: Paradex Airdrop, Theo Gold-Backed Stablecoin, Sui Launches Stablecoin, Earn 16% Stablecoin LP APR on Ink
DeFi📈
Sui launches USDsui, a stablecoin on the mainnet, with treasury yield flowing back to the network and a native medium of exchange backed by protocol-generated returns.
Theo Network launched thUSD, a yield-bearing stablecoin backed by its tokenized gold product thGOLD, claiming the strategy delivered an average 8.27% APR throughout 2025, with a $100M pre-deposit Genesis Vault launching soon.
Balancer V3 launched on Monad, integrating Neverland, AUSD, Yuzu Money, FastLane, Kintsu, MuDigital, and Magma Staking.
Turtle integrates Yo Protocol’s cross-chain yield optimizer, enabling LPs to access risk-adjusted rewards across Ethereum, Arbitrum, and Base. Users can now access YO’s yoUSD vault at 20.12% APR, with rewards.
Arbitrum proposes automating the consolidation of idle DAO funds into the Arbitrum Treasury Management Committee portfolio to improve capital efficiency across grant programs and initiatives.
YieldNest integrated with Cap Money, allowing restaked ETH to back Australian mortgage credit via ynRWAx, with restakers earning the spread from ~11% RWA yield over USDC borrow costs.
Lido DAO is seeking approval for a $5M Treasury allocation into new Lido Earn ETH and USD vaults to demonstrate institutional commitment and align DAO incentives with users.
Lido announced Lido V3 Phase 3 is live, making stETH minting permissionless for all stVaults under a 50% reserve ratio and initial 5k ETH cap for Default Tier vaults, while expanding minting tiers and limits for Identified Node Operators.
Aptos token holders voted to hard cap APT supply at 2.1 billion tokens, shifting toward deflationary tokenomics. The governance proposal has passed and now awaits execution.
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
Stablecoins/RWA🪙
Ondo Global Markets expands to 30+ RWA sectors, including AI, oil, gas, gold, and semiconductors across 12 blockchains, including Ethereum, Solana, and Arbitrum.
Markets.xyz launches 24/7/365 commodity trading on Hyperliquid L1, offering USOIL, USENERGY, GOLD, and SILVER perpetuals.
Tydro, the native lending and borrowing protocol on Ink, announced xStocksFi integration, with Phase 1 live, enabling swaps via CoW Swap, while borrow and lend functionality against XStocks is planned next.
USD.AI, a stablecoin protocol backed by AI Hardware, lent a $9.8M loan backed by AI hardware (10 H200 and 38 B200 GPUs) at 11.5% APR for a 36-month term, increasing yields for sUSDai stakers.
Hydrex launched Korean Won KRWQ Forex trading paired with Frax Finance’s frxUSD, enabling regional stablecoins to pair with frxUSD and reportedly generate up to 10x weekly incentives
Perps DEX📉📈
Denaria Finance, a perps DEX native on Linea, is launching its mainnet beta soon, with a points campaign planned and invite codes required to participate.
Prediction Markets🔮
Opinion Labs Season 2 launches on Binance with a Double Dip celebration running through March 15. Users get 50% fee discounts for two weeks, and the final two weeks of Season 1 (Feb 15-28) count toward both seasons.
Airdrops🪂
Paradex’s $DIME genesis airdrop is going live today, March 5. Claiming opens at 7:00 AM UTC and trading starts at 2:00 PM UTC — exclusively on Paradex initially. $DIME is the native token of the Paradex ecosystem, covering gas fees, staking benefits, and protocol buybacks funded by net revenue.
Reya opened its airdrop checker with 51% of allocations loaded, allowing users to verify eligibility ahead of a potential Q1 TGE, with rewards expected for traders, stakers, referrals, and contributors.
Hyperlend launched the $HPL airdrop, with trading set to begin on Hyperliquid tomorrow via the HPL/USDH market; eligibility is based on prior supplying and borrowing activity on Hyperlend.
Mezo Phase II airdrop is now live on Ethereum with sealed allocations available for claiming. Users can unseal and level up their $MEZO tokens before the deadline.
Reflect Money activates a 5x Reflect Points multiplier on YT-USDC+ through Exponent for a limited time.
Moonbirds Launches Second $BIRB Nesting Rewards with Birb Game 3. The second monthly claim for Nesting 2.0, where owners connect Solana wallets to grab prorated $BIRB tokens from staking their owl NFTs over 24 months.
Opinion Labs reminded users to finalize $OPN airdrop allocations by Feb 28. If no selection is made, rewards default to the connected wallet and submissions cannot be changed afterward.
Issues⚠️
Solv Protocol was exploited for about $2.7M after a double-mint bug in the BRO-SOLV-20MAY2026 contract allowed an attacker to repeatedly mint BRO tokens, inflating supply and swapping them for ~38 SolvBTC.
Angle Protocol, the team behind EURA and USDA, has voted to shut down, citing declining usage and a stablecoin category commoditized by existing lending protocols. Holders have until March 1, 2027, to redeem both tokens 1:1 (no haircut) on the Angle App on Ethereum — after that, any surplus assets held by the protocol (currently estimated at around $2.41M for USDA backing and €5.3M for EURA backing) will be airdropped pro-rata to ANGLE holders via Merkl.
Bridge back to Ethereum now if you’re on another chain, or you won’t qualify.
Inverse Finance was flagged in a ~$240K suspicious transaction on Ethereum, originating from LlamaLend, where a donation attack manipulated sDOLA’s exchange rate and triggered liquidations of users borrowing crvUSD.
Marc Zeller’s Aave Chan Initiative exits the $27B protocol following a failed $42.5M funding vote, with other major contributors like BGD Labs also planning departures by April 2026.
News🗞️
Vitalik Buterin proposed replacing Ethereum’s current Merkle Patricia Tree with a binary tree via EIP-7864 and eventually shifting from EVM to RISC-V to improve scalability, proof efficiency, and client simplicity, though no timeline has been set.
SEC ends case against Tron founder Justin Sun, removing a major regulatory overhang for the Tron ecosystem and its community.
Aave Labs appoints Linda Jeng, formerly a staff member from the Federal Reserve, Financial Stability Board, U.S. Treasury, and SEC, as Chief Legal & Policy Officer to lead institutional and mainstream DeFi expansion.
Uniswap Labs won a full dismissal of a long-running class action over scam tokens, with a U.S. judge ruling DeFi developers cannot be held liable for third-party misuse of open-source protocols.
Deloitte attests to $17.6M in reserves backing USAt, Tether’s new US-regulated stablecoin issued by Anchorage Digital Bank.
Regulations🏦
U.S. Senate housing bill includes CBDC ban, representing regulatory headwinds for digital currency development.
For sponsorships, questions, or news tips, reach us at: support@todayindefi.com
Earn 16% APR on Ink with Stablecoin LP
DeFi📈
Sui launches USDsui, a stablecoin on the mainnet, with treasury yield flowing back to the network and a native medium of exchange backed by protocol-generated returns.
Theo Network launched thUSD, a yield-bearing stablecoin backed by its tokenized gold product thGOLD, claiming the strategy delivered an average 8.27% APR throughout 2025, with a $100M pre-deposit Genesis Vault launching soon.
Balancer V3 launched on Monad, integrating Neverland, AUSD, Yuzu Money, FastLane, Kintsu, MuDigital, and Magma Staking.
Turtle integrates Yo Protocol’s cross-chain yield optimizer, enabling LPs to access risk-adjusted rewards across Ethereum, Arbitrum, and Base. Users can now access YO’s yoUSD vault at 20.12% APR, with rewards.
Arbitrum proposes automating the consolidation of idle DAO funds into the Arbitrum Treasury Management Committee portfolio to improve capital efficiency across grant programs and initiatives.
YieldNest integrated with Cap Money, allowing restaked ETH to back Australian mortgage credit via ynRWAx, with restakers earning the spread from ~11% RWA yield over USDC borrow costs.
Lido DAO is seeking approval for a $5M Treasury allocation into new Lido Earn ETH and USD vaults to demonstrate institutional commitment and align DAO incentives with users.
Lido announced Lido V3 Phase 3 is live, making stETH minting permissionless for all stVaults under a 50% reserve ratio and initial 5k ETH cap for Default Tier vaults, while expanding minting tiers and limits for Identified Node Operators.
Aptos token holders voted to hard cap APT supply at 2.1 billion tokens, shifting toward deflationary tokenomics. The governance proposal has passed and now awaits execution.
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
Stablecoins/RWA🪙
Ondo Global Markets expands to 30+ RWA sectors, including AI, oil, gas, gold, and semiconductors across 12 blockchains, including Ethereum, Solana, and Arbitrum.
Markets.xyz launches 24/7/365 commodity trading on Hyperliquid L1, offering USOIL, USENERGY, GOLD, and SILVER perpetuals.
Tydro, the native lending and borrowing protocol on Ink, announced xStocksFi integration, with Phase 1 live, enabling swaps via CoW Swap, while borrow and lend functionality against XStocks is planned next.
USD.AI, a stablecoin protocol backed by AI Hardware, lent a $9.8M loan backed by AI hardware (10 H200 and 38 B200 GPUs) at 11.5% APR for a 36-month term, increasing yields for sUSDai stakers.
Hydrex launched Korean Won KRWQ Forex trading paired with Frax Finance’s frxUSD, enabling regional stablecoins to pair with frxUSD and reportedly generate up to 10x weekly incentives
Perps DEX📉📈
Denaria Finance, a perps DEX native on Linea, is launching its mainnet beta soon, with a points campaign planned and invite codes required to participate.
Prediction Markets🔮
Opinion Labs Season 2 launches on Binance with a Double Dip celebration running through March 15. Users get 50% fee discounts for two weeks, and the final two weeks of Season 1 (Feb 15-28) count toward both seasons.
Airdrops🪂
Paradex’s $DIME genesis airdrop is going live today, March 5. Claiming opens at 7:00 AM UTC and trading starts at 2:00 PM UTC — exclusively on Paradex initially. $DIME is the native token of the Paradex ecosystem, covering gas fees, staking benefits, and protocol buybacks funded by net revenue.
Reya opened its airdrop checker with 51% of allocations loaded, allowing users to verify eligibility ahead of a potential Q1 TGE, with rewards expected for traders, stakers, referrals, and contributors.
Hyperlend launched the $HPL airdrop, with trading set to begin on Hyperliquid tomorrow via the HPL/USDH market; eligibility is based on prior supplying and borrowing activity on Hyperlend.
Mezo Phase II airdrop is now live on Ethereum with sealed allocations available for claiming. Users can unseal and level up their $MEZO tokens before the deadline.
Reflect Money activates a 5x Reflect Points multiplier on YT-USDC+ through Exponent for a limited time.
Moonbirds Launches Second $BIRB Nesting Rewards with Birb Game 3. The second monthly claim for Nesting 2.0, where owners connect Solana wallets to grab prorated $BIRB tokens from staking their owl NFTs over 24 months.
Opinion Labs reminded users to finalize $OPN airdrop allocations by Feb 28. If no selection is made, rewards default to the connected wallet and submissions cannot be changed afterward.
Issues⚠️
Solv Protocol was exploited for about $2.7M after a double-mint bug in the BRO-SOLV-20MAY2026 contract allowed an attacker to repeatedly mint BRO tokens, inflating supply and swapping them for ~38 SolvBTC.
Angle Protocol, the team behind EURA and USDA, has voted to shut down, citing declining usage and a stablecoin category commoditized by existing lending protocols. Holders have until March 1, 2027, to redeem both tokens 1:1 (no haircut) on the Angle App on Ethereum — after that, any surplus assets held by the protocol (currently estimated at around $2.41M for USDA backing and €5.3M for EURA backing) will be airdropped pro-rata to ANGLE holders via Merkl.
Bridge back to Ethereum now if you’re on another chain, or you won’t qualify.
Inverse Finance was flagged in a ~$240K suspicious transaction on Ethereum, originating from LlamaLend, where a donation attack manipulated sDOLA’s exchange rate and triggered liquidations of users borrowing crvUSD.
Marc Zeller’s Aave Chan Initiative exits the $27B protocol following a failed $42.5M funding vote, with other major contributors like BGD Labs also planning departures by April 2026.
News🗞️
Vitalik Buterin proposed replacing Ethereum’s current Merkle Patricia Tree with a binary tree via EIP-7864 and eventually shifting from EVM to RISC-V to improve scalability, proof efficiency, and client simplicity, though no timeline has been set.
SEC ends case against Tron founder Justin Sun, removing a major regulatory overhang for the Tron ecosystem and its community.
Aave Labs appoints Linda Jeng, formerly a staff member from the Federal Reserve, Financial Stability Board, U.S. Treasury, and SEC, as Chief Legal & Policy Officer to lead institutional and mainstream DeFi expansion.
Uniswap Labs won a full dismissal of a long-running class action over scam tokens, with a U.S. judge ruling DeFi developers cannot be held liable for third-party misuse of open-source protocols.
Deloitte attests to $17.6M in reserves backing USAt, Tether’s new US-regulated stablecoin issued by Anchorage Digital Bank.
Regulations🏦
U.S. Senate housing bill includes CBDC ban, representing regulatory headwinds for digital currency development.
For sponsorships, questions, or news tips, reach us at: support@todayindefi.com
Earn 16% APR on Ink with Stablecoin LP
The expansion of stablecoins across new Layer-2 ecosystems is creating lucrative, albeit temporary, windows of opportunity. Currently, the USDT0 / USDG stablecoin liquidity pool on Velodrome on Ink is offering a combined APR of nearly 18%. This guide breaks down how this yield is generated, how to navigate Velodrome’s Concentrated Liquidity (CL1) mechanics, and the risks you need to consider before diving in.
How the Yields are Generated
The total yield for this pool comes from two distinct sources:
Fee APR (~1-2%): This is the organic yield generated by the pool’s trading activity. The pool has a 0.02% fee tier. Every time a user or aggregator routes a trade between USDT0 and USDG through this pool, 0.02% of the trade volume is captured and distributed pro-rata to the LPs whose liquidity was utilized.
Emission APR (~15-16%): This is the incentivized yield and makes up the bulk of the returns. Velodrome operates on a ve(3,3) model where token holders vote to direct native token emissions (VELO) to specific pools. Because protocols want deep stablecoin liquidity on the new Ink network, they are actively incentivizing this pair. These rewards are paid out in the platform’s native reward token, not in stablecoins.
Step-by-Step Guide: CL1 on Velodrome
Providing liquidity in a Concentrated Liquidity (CL1) pool is more hands-on than traditional V2 (full-range) pools.
1. Understanding CL1
In a traditional pool, your liquidity is spread across all possible prices from zero to infinity, meaning most of your capital sits idle. In a CL1 pool, you dictate the exact price range where your capital will be deployed. Because USDT0 and USDG are both stablecoins pegged to $1, their exchange rate should theoretically stay at exactly 1:1. By concentrating your liquidity in a tight band around $1 (e.g., $0.995 to $1.005), your capital is highly utilized, multiplying your fee-earning efficiency.
2. Execution & Deposit
Bridge & Swap: Ensure your wallet is connected to the Ink network. You will need a balance of both USDT0 and USDG. Note: If the pool is unbalanced, you may need a different ratio than 50/50 depending on the exact price range you select.
Initiate Deposit: Navigate to the USDT0/USDG pool on Velodrome and click + New deposit.
Set Your Range: You will be prompted to set a minimum and maximum price.
Aggressive: A very tight range (e.g., 0.999 to 1.001) maximizes fee capture but requires constant monitoring.
Conservative: A slightly wider range (e.g., 0.990 to 1.010) earns slightly fewer fees but provides a buffer against minor stablecoin volatility.
Provide Capital: Enter the amount of tokens you wish to supply and confirm the transaction in your wallet.
3. What to Pay Attention To
“In Range” Status: You only earn the Fee APR and Emission APR when the current market price of the assets falls within your selected price range. If the price moves outside your range, your capital sits idle, earning 0%.
Asset Composition: As the price moves within your range, the smart contract automatically trades your assets. If the price of USDG drops slightly against USDT0, the pool will buy the cheaper asset. If the price drops below your minimum range, you will be left holding 100% of the cheaper asset (USDG, in this example).
4. Managing the Position
Monitor Routinely: Check your position daily or weekly to ensure it remains “In Range.”
Harvest Rewards: Your Emission APR is paid in volatile tokens (like VELO). To lock in your yield, you must routinely harvest these emissions and swap them back to stablecoins or other desired assets.
Rebalance if Necessary: If the pool falls out of range due to a persistent price shift, you must withdraw your liquidity, swap assets to balance your portfolio, and create a “New deposit” with a newly centered price range.
Risk Warnings
While stablecoin pairs are generally considered low risk, “low risk” does not mean “no risk.” Please evaluate the following before depositing:
Depeg Risk: This is the primary risk. If either USDT0 or USDG loses its $1 peg (due to regulatory issues, backing failures, or smart contract exploits), your concentrated liquidity position will automatically convert entirely into the failing asset. You could lose up to 100% of your principal.
Smart Contract Risk: Your funds are subject to the security of the underlying blockchain (Ink Layer-2), the decentralized exchange (Velodrome’s CL1 contracts), and the token contracts themselves.
Emission Volatility: The quoted 16.54% Emission APR is a snapshot in time. This rate fluctuates based on the price of the reward token, the total Total Value Locked (TVL) in the pool, and the weekly voting behavior of the platform’s governance participants. It can drop significantly from week to week.
Impermanent Loss (IL): If the assets temporarily fluctuate and you withdraw your liquidity while the price is skewed, you may end up with slightly less value than if you had simply held the stablecoins in your wallet.
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.