Today in DeFi - Jupiter Memecoin Trading Live, LayerZero Launching on Galxe Chain, Blast Phase 2 Guide Live, >30% APR on USDC, and more...

Updates 📰

• Jupiter launches Ape, a memecoin trading platform. Jupiter Ape offers a secure wallet vault where users can start trading by depositing SOL.

• Preon Finance launches V2, introducing PREON token, oPREON options, stability pool, and omnichain capabilities.

• Scroll L2 launches the Curie upgrade, bringing transaction fees down by 2x.

• Aptos introduces Aptos Connect, a self-custodial wallet that allows users to create an account with a single click using Web2 login options.

• Aevo launches Aevo Strategies, automated trading vaults that execute sophisticated strategies on the user’s behalf.

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Upcoming ⏳

• LayerZero Labs announced its upcoming launch on Gravity, an L1 chain by Galxe. Developers on Gravity will be able to connect to over 70 other chains through LayerZero.

• Arrakis partners with Valantis to introduce HOT (Hybrid Order Type), an MEV-aware AMM designed to drive better outcomes for LPs by mitigating LVR/MEV and attracting more healthy flow. HOT is live for permissioned testers and will be open to the public at the end of the summer.

• Compute Labs announces a $3M Pre-Seed funding round led by Protocol Labs. Compute Labs is building Compute Protocol, a Solana-based GPU tokenization platform on testnet, and will launch on mainnet this month.

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Airdrops 🪂

• Blast released a blog post for Phase 2 airdrop, saying that 10 billion tokens will be allocated for Phase 2 rewards, and Phase 2 will last 12 months.

• Napier Finance launches points airdrop for Liquid (Re)Staking. Napier will launch Point Casino, a new trading platform for yield and points native to the Curve ecosystem.

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Farms 🧑🏻‍🌾

• Stake your GHO on Arbitrum to earn ~34.4% APR from AAVE and Merit Program

  • Today in DeFi is supported in part by ACI

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>30% APR on USDC