On-Chain Perps DEX on Monad, USDai $CHIP ICO, Venus Launches $1M Incentives
Subscribe for daily free DeFi news covering launches, tradable catalysts, and actionable farming opportunities.
DeFi📈
Perpl, a perp DEX on Monad backed by Dragonfly, is launching mainnet tomorrow by combining fully on-chain execution directly on Monad instead of most perps DEX that use their own trading chain to execute orders, a true central-limit order book, and low gas costs.
Arbitrum DAO proposes a constitutional amendment to implement a delegated voting power (DVP)-based quorum model with finalized parameters following community interest and off-chain voting.
Lido expands institutional access to Ethereum staking rewards through V3 and stVaults infrastructure. Secure, liquid, battle-tested staking now targets institutional depositors across Ethereum, Solana, and other chains.
Fluid proposed transferring all protocol IP and assets to a new Fluid Foundation, making the protocol fully DAO-owned with token holders controlling budgets and governance, while the Foundation operates as a legal entity funded by a $250K monthly DAO grant.
Ether.fi partnered with FalconX, M11 Credit, Cap, and Symbiotic to use 7,500 wstETH as collateral for institutional stablecoin loans, enabling weETH holders to earn ~4.5% real yield from restaking-backed credit markets.
Worldlibertyfi USD1 withstands coordinated attack involving hacked founder accounts and FUD campaigns targeting WLFI shorts.
Stablecoins/RWA🪙
USD.AI launched the $CHIP ICO on CoinList, with the sale open until Feb 27 for users who secured allocations through the Allo Game campaign.
Pendle launches Neutrl NUSD and sNUSD pools (maturity June 4, 2026) with >12% fixed APY options.
Infinit Labs automates Pendle PT loops with yields: PT-reUSD at 23% APY, PT-snUSD at 21% APY, and PT-cUSD at 10% APY. 10,000 $IN incentive pool rewards early participants in these automated strategies.
Drift Protocol launches PAXG-PERP (gold perpetuals) on Solana.
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
Airdrops🪂
Venus Protocol launches $1 million incentive program on February 26 across 8 chains, including Binance, Ethereum, Arbitrum, and Base.
Spark Points Season 3 now rewards 1 point/USDC/day and 1 point/USDT/day for direct holdings via Spark frontend across Ethereum and xDai.
Limitless Season 2 airdrop claim deadline is February 25, 2026, 7:30 PM UTC on Base.
Issues⚠️
IoTeX offers 10% bounty for the return of $4.4 million stolen in a cross-bridge hack within 48 hours.
Farms 🧑🏻🌾
Sky launches USDT and USDC Risk Capital Vaults on Morpho with stUSDS borrowing markets on Ethereum. offering 30,000 USDS per vault in first-week launch incentives
Neutrl Fi kicked off Season 1 around NUSD, a yield-bearing stablecoin that earns by delta-hedging acquired OTC discount altcoins, while TVL grew by $212M in the past 60 days from launch.
Top farming strategies include:
- Points focused: Pendle YT-NUSD (50x points) and YT-sNUSD (25x points)
- Yield focused: Loop the new PT sNUSD Morpho market for up to ~20% yield, depending on rates and leverage.
<Farm Neutrl Points on Pendle> | Today in DeFi is Supported by Neutrl.fi
Raises📝
BasedoneX raised $11.5M from Pantera to build an on-chain finance superapp combining perpetuals, prediction markets, spot trading, and real-world spending into a single unified trading and payments interface.
For sponsorships, questions, or news tips, reach us at: support@todayindefi.com
Get a 7-day free trial and access exclusive insights, early farming opportunities, and an ad-free experience by subscribing to our premium newsletter.
For a limited time, while ETH <$3k, Premium subscriptions are 50% off
If you have any questions or feedback, feel free to reach us at support@todayindefi.com
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.