Monad Testnet Live, SEC Withdraws Appeal on DeFi Regulations, DIA Launches RWA Oracle Suite, Upcoming Events and Token Unlocks, and more...

Launches 🚀

• Monad Testnet is now live, with over 8.8 million active Ethereum addresses receiving testnet tokens in just 30 minutes at ~5,000 TPS. Users can check their wallets and explore the testnet at testnet.monad.xyz.

• f(x) Protocol introduces Zero-Stress Leverage Trading

  Experience up to 7X leverage with no funding fees and minimal liquidation risk.

  • Earn over 30% APR on your stablecoins by depositing USDC into the Stability Pool. Get returns from trading fees and ETH staking yield, a great way to put your stables to work.

  • Security-first approach with 12 completed audits and ongoing security reviews. Experience stable, efficient trading and yield generation on f(x) Protocol.
    Click here to trade
    Click here to earn

  • Today in DeFi is supported by f(x) Protocol

---

Issues

• zkLend is offering a $500,000 bounty for verifiable information leading to the arrest of the hacker and the full recovery of stolen funds. Anyone with relevant details can provide evidence and contact the team at info@zklend.com

• Liquity V2 will be redeployed following a fix for an issue in the Stability Pools, with audits scheduled for next week. Users are strongly advised to close Stability Pool deposits and borrowers should repay loans while liquidity conditions for BOLD remain favorable. BOLD holders without loans are encouraged to sell via Curve, Uniswap, Balancer, or aggregators like Cow Swap. Users should remain vigilant against scams and only interact with official sources.

---

Updates 📰

• The U.S. Securities and Exchange Commission (SEC) has withdrawn its appeal in a case aimed at extending securities regulations to decentralized finance (DeFi) protocols. This move follows a Texas federal judge's ruling that the SEC overstepped its authority in redefining the term 'dealer.' While the decision suggests a potentially softer regulatory stance on DeFi, it does not necessarily indicate a long-term policy shift.

• Uniswap added support for the Monad testnet, allowing users to swap and provide liquidity. Monad, a new L1 blockchain, targets 10,000 TPS with 0.5s block times. Users can request testnet tokens, enable testnet mode in Uniswap Wallet, and start trading.

• Tether’s USDT is now live on peaq, enabling DePIN payments and Machine DeFi transactions. The stablecoin is bridged via Stargate’s Hydra integration.

• M^0 infrastructure is now live on Arbitrum, powered by Wormhole NTT, enabling stablecoin developers to build on secure, programmable, and cost-efficient infrastructure. More details on $M extensions and stablecoin issuance are available at M^0.

• Pyth Network integrated with Hyperliquid, bringing Pyth Core to HyperEVM. The integration includes sponsored price feeds for 20 assets, including BTC, ETH, SOL, HYPE, and USDC, with real-time updates.

• Spectra activated its updated fee structures following the SGP6 community vote, introducing a Fee Switch that directs 60% of trading fees to veSPECTRA voters backing specific pools. Yield Token fees remain at 3%, now swapped to ETH before being collected in the DAO treasury. Bribe fees have been removed to enhance voter engagement. The first pool fee distribution under SGP6 will be claimable on March 6.

---

Upcoming ⏳

• DIA launched DIA xReal, an oracle suite designed for Real-World Asset (RWA) applications, bringing stocks, commodities, FX rates, and more on-chain. The platform supports RWA-backed stablecoins, tokenized equities, bond derivatives, and on-chain index funds. Key integrations include Ripple, Stellar, Fermion Protocol, and Davos Protocol.

  • DIA xReal v2.0 is in development, adding zero-knowledge proofs for trustless verification. More details at DIA.

• Derive will license its risk engine to Hyperdelta, bringing onchain options to HyperEVM on Hyperliquid. Governance approval marks a step toward expanding DeFi derivatives infrastructure.

• SynFutures is set to launch Synthia AI Agent for Twitter-Based Trading today at 8:00 a.m. ET. This AI-powered trading agent uses natural language commands to enable spot trading directly on Twitter. Users can execute swaps and P2P transfers by tagging Synthia in tweets.

  • At launch, it will support spot trading without leverage, with future updates planned for perpetuals, stop-losses, and cross-chain trading. By integrating trading within Twitter, Synthia aims to simplify DeFi access and enhance user experience.

---

Airdrops 🪂

• PRYZM launched its airdrop with a community-first approach, prioritizing fairness, education, and engagement. StakeDrop participants and Photons Season 1 users can claim tokens, with claims conducted via Zero Price Impact joins. The PRYZM ecosystem includes multiple token types, liquidity options, and governance-controlled yield distribution.

  • The Community Price Discovery Event starts at $0.495 per PRYZM, gradually decreasing until demand stabilizes. Governance will activate post-event, allowing holders to vote on inflation and treasury distributions.

• Superfluid introduced SUP, a token designed for real-time streaming rewards, launching with its Season 1 Campaign. Users earn SUP continuously through partner apps like AlfaFrens, SuperBoring, GoodDollar, and Giveth, with no points grinding required. Over 315K wallets and 70K daily active users are already in the ecosystem. Rewards are distributed over a three-month season.

• vePENDLE holders will receive monthly airdrops from February to June 2025, sourced from points negotiated by the team, including those from YT fees. Snapshots will be taken on the 20th of each month at 00:00 UTC, with distributions made pro-rata based on vePENDLE holdings, including liquid lockers. Additional airdrops may be added over time.

---

Farms 🧑🏻‍🌾

• Aevo introduced weETH collateral with yields up to 89.70% APY, combining 2.8% staking rewards, 0.9% restaking rewards, and 43-86% in $EIGEN incentives. Users can also trade using weETH with an 85% collateral ratio.

• Spectra launched a new ETH pool powered by Superform’s SuperETH Vault, offering fixed rates, leveraged yield & CRED points, and four yield streams with 50x CRED exposure. Users can hedge against interest rate volatility, leverage yield with minimal cost, and scale CRED rewards through yield leverage.

• Silo Labs has started streaming $SILO incentives for three deposit actions: S deposits in S-USDC (Silo 20), USDC deposits in S-USDC (Silo 20), and USDC deposits in S-USDC (Silo 8). Rewards can be claimed via the dashboard at Silo V2. Protocols building on Sonic interested in launching co-incentivized markets can reach out to the team.

• Provide GHO liquidity on Spectra for stkGHO Mar 2025 PT to earn incentives from SPECTRA reward pool for up to 24% APR on Ethereum. With more than $8M TVL, the pool delivers good returns with good liquidity and low impermanent loss risk.

  • Today in DeFi is supported by ACI

---

For sponsorships or news tips, reach us at: support@todayindefi.com

---

Upcoming Events and Token Unlock

Here are the Upcoming Events and Token Unlocks for this and upcoming week, including token unlocks, global crypto events, airdrops, TGEs, and key governance announcements . Stay updated effortlessly, all in one place.