LWID - Pipe Network Launches Testnet, Ethereum Pectra Upgrade, Multiple Upcoming Airdrop Claims, and many more...
Launches π
Echelon has launched on Initia mainnet as a cross-chain lending hub built with MoveVM. Designed for capital efficiency, Echelon supports lending across stables, LSTs, and volatiles, with VIP rewards in $esINIT. Day-one markets include USDC, INIT, TIA, and milkINIT.
Morpho Labs has released Morpho Lite, a streamlined lending interface now live. Users can explore the app, read the official blog for details, or review the open-source code on GitHub.
Ethena's USDe is now live on Hyperliquid Exchange and HyperEVM, with HyperCore users earning daily rewards based on their 24h average USDe balances. USDe can be acquired via the HyperCore orderbook or bridged in via Stargate.
It's fungible across HyperCore and HyperEVM, enabling lending, LP rewards, and integrations with Felix, Euler, and Pendle.
World Liberty Finance's stablecoin USD1 is now officially listed on HTX, with the USD1/USDT pair live for deposits. Trading starts tomorrow, and withdrawals open on May 7. This marks WLFIβs first major exchange listing.
Pipe Network has launched its testnet, enabling users to earn rewards by contributing computing power as PoP nodes on Solanaβs first decentralized CDN.
Season 1 of the PipeQuest incentive program begins today, with weekly missions focused on performance, onboarding, and engagement.
Fomo beta is live on Solana for iOS, offering social trading with real-time alerts, referral rewards, and instant token access. Backed by Jito, Stripe, and more. Android coming soon.
Ethereumβs Pectra upgrade is now live on mainnet, enhancing smart account wallet UX, doubling L2 scaling data storage blobs, and improving validator experience. Community monitoring will continue for the next 24 hours.
Fraction AI has launched on Base mainnet, allowing users to create AI agents based on personal strategies without coding. These agents compete in tasks like writing, coding, and finance, earning rewards based on performance.
ZKsync introduced solx, a high-efficiency Solidity compiler built on LLVM, currently in pre-alpha. Solx works across all EVM chains, reducing gas usage and potentially eliminating inline assembly. It successfully compiles projects like Uniswap V2 and Solmate, with minimal issues.
Solx's LLVM foundation allows for easy retargeting to new VMs, including potential future compatibility with RISC-V.
Superstate has launched Opening Bell, a platform for issuing SEC-registered shares directly on blockchain, starting with Sol Strategies ($HODL) on Solana. Built on Superstate's high-performance infrastructure, it offers 24/7 trading and DeFi-native integrations.
Targeting public companies and late-stage startups looking to tokenize equity.
Updates π°
GMX is expanding as a multichain permissionless perpetual exchange, now live on Arbitrum, Avalanche, and Solana. With LayerZero integration, GMX will enable cross-chain trading from EVM chains like Berachain, Base, and BNB Chain. A hybrid Bitcoin L2 deployment on Botanixβs Spiderchain is also underway.
Panoptic is now live on Base, offering gas-efficient, fully onchain options trading. Users can short with limited risk, LP with leverage, or earn passively without IL. A two-week trading competition is also live to celebrate the launch.
Ostium has launched day trading with up to 100x leverage on Mag7 stocks, becoming the first protocol to offer this on-chain. The upgrade also includes margin-based liquidations, discrete leverage precision, improved order cancellation, and a patch for short trade take profits.
Trading is live during market hours, and users can manage leverage to hold positions overnight.
Frax Finance has enabled staking and unstaking of frxUSD into sfrxUSD directly on Sei, simplifying access to its yield-bearing stablecoin. Support for more chains is coming soon.
Gamma Strategies has launched its Uniswap V4 MultiPosition Manager vaults on Unichain, now offering $UNI rewards via Merkl. Users can explore incentivized pairs, view real-time liquidity analytics, and claim rewards directly through Gammaβs frontend.
LFJ has rebranded from a pure spot DEX into a full-featured onchain trading platform, introducing dozens of new tools aimed at giving users a competitive edge.
Soneium is now live on Uniswap, allowing swaps, bridging, and liquidity on the Soneium Network. Uniswap also joins Astarβs ACS program, with v4 Hooks enabling custom features for devs and LPs.
SushiSwap has integrated a second token scanner from De.Fi, enhancing safety by detecting buy/sell taxes, transfer locks, and honeypots before swaps. Users can now run dual token checks directly on sushi.com.
ZKsync is now fully EVM equivalent, enabling seamless use of standard Ethereum tooling like solc, Foundry, and Hardhat. The upgrade, passed via ZIP-9, is live on Era and will expand across the Elastic Network.
Sonic Labs has paused USDC.e bridging on Sonic Gateway ahead of its upgrade to native USDC via Circleβs CCTP v2. The transition offers seamless migration with the same contract address and improved cross-chain efficiency. Other routes remain unaffected.
Skate AMM is now live on Solana, offering early access with the code "SOLANA" for the first 1,000 users.
Polygon has introduced the CDK OP Stack configuration to Agglayer, enabling developers to build OP Stack chains with zk tech and enhanced sovereignty. The setup eliminates OP Stack's Superchain tax and offers high performance with 60-100+ Mgas/s.
HyperLend has listed USDe by Ethena Labs, allowing users to borrow USDe against HYPE and earn 20x rewards. USDe cannot be used as collateral, and borrowers should manage risks due to potential market volatility.
Space and Time has released v2.0 of its whitepaper, detailing the protocolβs design, SXT economic model, and Proof of SQL mechanism. The document outlines node operations, utility, and use cases.
Linea now offers free bridging from Ethereum to Linea using their native bridge, covering L2 fees for transactions using less than 250k gas.
Note that this only applies to L1βL2 transactions and excludes USDC bridging via Circleβs CCTP.
MetaMask now supports multiple Secret Recovery Phrases, allowing users to manage multiple wallets within a single interface.
Morpho contracts are now live on Flame EVM, including Vaults 1.1, Oracles, and a Universal Rewards Distributor. Morpho also powers protocols on Polygon, Optimism, and BTCFi on Corn, with contracts audited by Spearbit and OpenZeppelin.
A $2.5M bug bounty program is active.
Revoke.cash now supports batch revoking of multiple approvals in a single transaction, enabled by Ethereumβs Pectra upgrade. The feature is available for EOAs upgraded to Smart Accounts, making cleanup faster and more secure.
Starknet has introduced Account Abstraction across the Ethereum ecosystem, enabling advanced UX features like one-transaction execution for all actions.
Taiko DAO is now live on mainnet, marking the start of decentralized governance for the Taiko protocol. The rollout is gradual, with the Security Council managing initial operations.
Full protocol ownership transfer is expected by June 2025.
Space and Time, the Microsoft-backed blockchain for ZK-proven data, is now live on mainnet. The protocol uses Proof of SQL for secure, trustless data delivery to smart contracts from various sources
Linea Beta v1.5 introduces Bridge Transaction Sponsorship, covering fees for bridging ETH, ERC20 tokens, and messages from Ethereum L1 to Linea. Limitations include a 250k gas cap and no support for USDC via Circle's CCTP.
Limitations include a 250k gas cap and exclusion of USDC bridging via Circle's CCTP.
SolvBTC has upgraded its framework for institutional-scale DeFi, introducing a dual-layer architecture: the Mainnet Reserve Layer (custodial vaults with regulated custodians like Ceffu and Cobo) and the EVM Liquidity Buffer Layer for efficient on-chain operations.
The update includes stricter standards for wrapped BTC, improved transparency with on-chain attestations, and chain-specific naming from April 25, 2025
Magpie Protocol has rebranded to Fly, aligning with its ecosystem and upcoming $FLY token launch. Fly aims to be the aggregation infrastructure and execution engine for DeFi, powered by the $FLY token and the FLYwheel.
MetaMask has enabled gas-included swaps on BNB Chain, allowing users to swap without needing $BNB for gas. The feature is part of their ongoing expansion to more networks.
Kamino has launched wFragBTC on its platform in partnership with Fragmetric and Zeus Network. The wFragBTC-zBTC Liquidity Vault will distribute 15,000 $ZEUS over the next week, offering users 2x F Points, with trading fees and DEX incentives auto-compounded.
Liquity V2 is coming to Bitcoin with the launch of BTD (Bitcoin Dollar) by AlpenLabs. BTD is a BTC-backed, immutable, governance-free stablecoin running on a Bitcoin ZK rollup, designed for scalability and real yield.
Paragon has announced a strategic partnership with Scroll, an Ethereum Layer 2 network utilizing zero-knowledge proofs for scaling. The collaboration will focus on launching PARAGON Open on Scroll.
Upcoming β³
Vitalik outlined a vision for simplifying Ethereumβs protocol to enhance resilience and scalability. Key proposals include a 3-slot finality system to streamline consensus, replacing the EVM with RISC-V for a 100x prover efficiency gain, and moving legacy logic outside of consensus-critical paths. Ethereum also plans to unify components like erasure codes, serialization (via SSZ), and Merkle trees across the stack to reduce complexity and long-term maintenance costs.
Meteora has proposed allocating 25% of $MET to a Liquidity Rewards and TGE Reserve. The goal is to support usage after TGE and enable future incentives. Community feedback is encouraged on the draft proposal.
Cellana Finance has teased an upcoming launch, offering early access to users looking to tap into new opportunities.
August Digital, a DeFi prime broker handling $7B in monthly volume, now offers institutional access to Pendleβs fixed yield tokens across USD, ETH, and BTC. Through Pendle PTs, they provide structured products tailored to risk profiles and enable OTC credit lines against PTs and LPs.
Its retail arm, Upshift, also leverages Pendle for sustainable yield vaults with composable receipt tokens like upUSDC and hgETH.
World Liberty Finance has launched a Snapshot vote to airdrop USD1 to eligible $WLFI holders. The vote is now live, giving the community a chance to receive the new stablecoin.
Derive DAO has passed a proposal to reallocate DeFi tokens for additional DRV buybacks. Unclaimed Lyra rewards on Optimism and Arbitrum will return to the treasury after a June 5 deadline.
Polynomial has revealed its full vision: a derivatives-focused L2 built on Optimism that returns value to users. With $5B+ volume and 13M gas-free trades, it offers CEX-level perps, 60% fee share to stakers, and unified liquidity for traders, builders, and stakers alike.
Sky Protocol has introduced SP-BEAM, a new governance module developed with BlockAnalitica, enabling faster and safer rate updates to enhance stability management across the ecosystem.
Lista DAO has opened a vote to include USD1 as collateral in the CDP, aiming to expand yield routes and collaboration with World Liberty Finance.
veLISTA holders can lock their tokens and vote now via the provided snapshot link.
Berachain is winding down Boyco prelaunch vaults and transitioning to new high-yield strategies. Boyco $BERA rewards will unlock soon, with most non-$BERA rewards claimable from individual protocols.
Users can check their allocations at boyco.berachain.com.
Resolv Labs unveils upcoming roadmap details and $RESOLV tokenomics.
Mitosis will launch Matrix Zootosis Vaults on May 9th, allowing deposits with no lockups and earning Mitosis and Morph rewards. Supports Morph network assets via native and Stargate bridges. Early withdrawals may forfeit up to 90% of rewards.
Airdrops πͺ
Caldera has introduced a new way to earn $ERA tokens through social posts on X. While official quests have ended, users can still join the airdrop by engaging with Caldera-powered apps or posting helpful content consistentlyβno follower count required.
Embr Testnet is now live, kicking off its memecoin arena where users can create tokens, trade, and compete. Early access is open to waitlist wallets, with invite codes dropping in 48 hours. Users can earn Embr Points by launching memes, trading, and playing βChains of Chaos.β
Shardeum has updated its $SHM airdrop registration and distribution timeline. Users who registered between Mar 14βApr 14 will receive tokens at TGE, while those registering from Apr 15βMay 4 will get them by June 2025. Registration remains open at shm.gg/airdrop.
Talus has launched Season 2: Leap Season, introducing workshops, pro creative tools, and IRL meetups across 6 countries. The season features new rewards, community-run initiatives, and roles to help users earn, build, and grow within Lilypad Town.
Chainlink introduced Chainlink Rewards, a new program launching May 8 to incentivize ecosystem participation. The first phase, Season Genesis, will allow eligible LINK Stakers to claim 100M SXT tokens (2% of supply) from Build member Space and Time, with claims open for 90 days.
A future 100M SXT allocation is also planned as the program expands.
Entity's Space Race is a gamified airdrop where users earn Astro Creditsβconvertible to $ENT at TGEβby completing weekly Web3 missions. Loot Boxes are limited to current missions, but past ones still give credits.
Layer3 has launched the Apple Farm campaign in collaboration with Etherlink, offering users a chance to earn from a $3M reward pool by completing on-chain tasks on the Etherlink mainnet.
Layer3 has launched a new ecosystem campaign focused on HyperEVM, offering users a chance to explore and engage with the Hyperliquid-powered chain through on-chain quests.
Berachain's Boyco claims are now live at boyco.berachain.com. Users can claim $BERA, explore top yield strategies, and use 1-click rollover to earn up to 150% APR. Most vault and non-BERA rewards must be claimed via respective protocols.
Space and Time announced Gigaclaim 0, distributing up to 375M SXT to early contributors, testnet users, and community NFT holders. Claims open May 8 at gigaclaim.spaceandtime.io, with a 45-day window and sybil protection in place.
Enso's Shortcut Speedrun is live, letting users earn NOS by completing DeFi, AI, and social missions in its incentivized genesis campaign. Build and deploy fast at speedrun.enso.build.
Layer3 has launched a new campaign with Fragmetric, focused on liquid restaking on Solana. Users can explore the platform, restake SOL and LSTs, and earn a share of Fragmetricβs initial token airdrop. TVL has surpassed $162M, with support for assets like SOL, JTO, and JitoSOL.
Taiko and Avalon Finance have launched a surprise airdrop for users earning 130% APY by supplying Taiko tokens. The drop filters out sybils to reward real contributors. More rewards are expected via the ongoing Taiko Takeoff campaign.
Doodles announced the upcoming $DOOD launch on Solana, with airdrops for Doodles NFT holders and New Blood community members. Holders can pre-register for allocations, while New Blood members will receive tokens at TGE. Check eligibility at dood.doodles.app.
SNS has launched the $SNS Genesis Airdrop, distributing 2 billion tokens (20% of total supply), with 1.5B going to .sol domain holders and 500M to ecosystem partners. No presales or private rounds; only 25% of supply is in circulation.
Galxe and Space ID have launched the SnapStorm Campaign Rewards, allowing users to claim $ID if eligible. User can check eligibility at the provided link.
Obol Collective has launched $OBOL for trading and staking after nearly five years of development. The Obol Distributed Validators now secure over $1B across protocols like Lido and EtherFi.
Users can claim their $OBOL tokens at claim.obol.org.
Humanity Protocol has launched the Testnet BETA, introducing a new dashboard, Humanity Points (HP) replacing RWT, and real-time tracking of points and referrals. Upcoming features include palm scanning for proof of personhood and social credential integration for additional rewards.
Phase 2 will transition from reserved to verified identity, enhancing Sybil resistance while preserving privacy.
TEN Protocol has launched the TEN Airdrop registration, open from May 8 to May 18, 20:00 UTC. To participate, users must connect their Twitter, Discord, and EVM wallet. Previously linked social accounts will be replaced with new connections.
Monad has announced Testnet-2, aimed at preparing validators for mainnet, starting in late May for 10 weeks. Around 100-150 participants will be selected, running parallel to the current testnet without affecting users.
Farms π§π»βπΎ
Lombardβs Boyco Pre-Deposit Campaign ends Tuesday, allowing Bitcoin Bera Vault users to instantly claim rewards and upgrade to a new DeFi Vault on Berachain. The vault offers 6% APY plus incentives, with withdrawals processed in 24β72 hours.
Aevoβs Epoch 16 campaign is live, with 9,600 $EIGEN in rewards and 12β24% APY on weETH. Users can qualify by depositing weETH or by both depositing and trading perps. Six days remain to join via loyalty.eigenfoundation.org.
Kamino has listed Huma Financeβs PST token, offering 10.5% APY from real-world payment financing. PST-USDC LPs earn a 3x boost in Huma Feathers, with auto-compounded trading fees via Kaminoβs Liquidity Vault.
Aave has launched 6-month incentives for GHO borrowers on Base, approved by Aave DAO. Rewards are tracked and distributed via AaveChanβs Merit program.
Resolv Labs offers double-digit APYs for PT looping on Morpho: 39% on PT-wstUSR and 38% on PT-USR (Sept maturity), and 29% on PT-USR (May maturity).
Pendle has launched Xpedition 33 with x33, a liquid-staked xSHADOW offering yield accrual and an exit option. Users can earn 4x Sonic Points and gain exposure via PTs, YTs, or LPs ahead of Shadowβs Aug 14 launch on Sonic.
Superformβs latest 30D APYs: SuperUSDC earns 7.23% on Ethereum and 6.89% on Base, while SuperETH yields 6.68%. PT fixed rates are higher, with up to 17.18% on Napier, 9.19% on Pendle, and 10.69% on Spectra.
Gamma has launched merkl rewards on Unichain with high APRs: 253% for ETH-USDT, 108% for ETH-USDC, and more. Strategies leverage Uniswap v4 with custom LP optimizations. Users can start providing liquidity via Gammaβs dashboard.
Renzo Protocol offers top APYs on SOL with 500k REZ in weekly rewards through ezSOL on Kamino. Users can mint ezSOL with SOL or JitoSOL, supply to Kamino, and borrow SOL for enhanced yields.
YieldFi has launched yUSD on Pendle, offering around 15% APY on the LP pool, 2.5x YC per dollar of LP, and $PENDLE rewards. The pool has a maturity of 98 days.
Optimism has announced Sake Finance as a core app partner for SuperStacks, joining Velodrome and Uniswap. Sake pools are now live and eligible for Superchain XP.
Lista DAO has launched a new USDT Vault on Lista Lending, allowing users to supply or borrow USDT using BTCB, ETH, BNB, and slisBNB as collateral.
Level has boosted rewards on Morpho, offering 40x Level XP when using lvlUSD as collateral to borrow USDC at 91.5% LLTV. Users can mint lvlUSD and access Morpho borrow markets to participate.
Kelp has launched MEGA DeFi Incentives, distributing $KERNEL rewards across protocols like Balancer, Uniswap, Aura, Camelot, Aerodrome, and Pendle from May to August. Liquidity providers in blue-chip lending markets like Aave, Spark, and Euler earn 2x Kernel Points.
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