Today in DeFi - Arbitrum Stopped for an Hour, Hubble Exchange Testnet, Auto-compounding crvUSD Yield, and more...

Arbitrum Stopped for an hour

Arbitrum stopped processing transactions for about an hour due to a bug found in the batch poster. The bug hit and paused the Sequencer to finalize transaction ordering on-chain. Arbitrum team has fixed the bug and resumed network operation.

Hubble Exchange Testnet

Hubble Exchange is building an appchain (Hubblenet) using Avalanche’s subnet-evm repo. Hubblenet focuses on perps trading, and had launched the orderbook on testnet.

Synthetix V3 Spot Market

Perps protocol Synthetix has launched the V3 Spot Market on Optimism. An UI prototype is available for trading snxETH markets.

Sushiswap Live on ThunderCore

Sushiswap products including the v3 AMM, BentoBox, Furo, etc., are now live on ThunderCore, an L1 focuses on web3 gaming.

Curve wstETH Market

CurveDAO approved deploying a wstETH market for CrvUSD with 150m crvUSD debt ceiling.

Auto-componding crvUSD Yields, and more…