Today in DeFi - Gearbox V3 PURE Trading Live, Dencun Upgrade on Testnets, Single-Deposit Stable Farms, CEX-like Spot Trading with Airdrop Potential, and more...

Updates 🆕

• Gearbox has enabled PURE Margin Trading on V3. PURE enables users to trade natively on Uniswap, Curve, and supported DEXes, and offers liquidity for leverage without having any LPs or counter-parties trade against you.

• Polytrade launches Phase 1 (private phase) of its RWA marketplace. The marketplace aggregates RWA protocols and RWAs in one platform, RWA partners including Maple, Clearpool, Ondo, etc.

• Hyperliquid partners with Privy to enable email login. Users may trade on Hyperliquid with just an email without the need to up a wallet, manage seed phrases, and buy ETH for gas.

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• Ethereum core devs agreed on a tentative date for the first testnet phase of the Dencun upgrade. Devs marked January 17, 2024, for Dencun’s deployment on the Goerli testnet. The Sepolia and Holesky testnet launches are scheduled for January 31 and February 7, 2024.

• PancakeSwap proposes to the community to reduce the CAKE token’s total supply to a maximum cap of 450M CAKE. With a current circulating supply of 388M CAKE, the team believes this new and lower cap will be sufficient to gain market share across all chains and sustain the veCAKE model.

• Reya will launch Reya Exchange and Reya Network. Reya Exchange will offer CEX trading experience, with on-chain execution & settlement. Reya Network will be a trading-optimized EVM network powered by POlygon CDK.

• ZKX will launch on Starknet mainnet in 2024 as a perp DEX that offers CEX-like trading experience. The launch will introduce Clans and Rewards and Airdrop 2.0.

Airdrops 🪂

• Solana-based lending protocol Solend plans to launch Suilend on Sui L1 in Q1 of 2024, hinting at an airdrop for Solend users.

Farms 🧑🏻‍🌾

• Ichi single deposit pools on Ramses offer good yields (may change as TVLs increase)

• Gravita GRAI-USDC LP pool on Bunni offers a good yield with incentives (may change as TVL increases)

High-Yield Stable Farms, CEX-like Spot Trading with Airdrop Potential, …