Today in DeFi - Lyra V2 Live, Ledger Library Exploit, Pendle V3 Upcoming, Trade LST Interest Rates with a Potential Catalyst, and more...

Launches 🚀

• Lyra launches V2, enabling trading for options, perpetual, and spots. Lyra also started the BTC PVP competition, allowing traders to earn PVPoints and win LYRA.

Updates 🆕

• LayerZero launches V2 on testnets, with mainnet releasing in 2024. V2 is an upgrade that increases network throughput and liveness while making it easier for developers to build and integrate dApps with LayerZero.

• Cronos Labs launched Cronos zkEVM testent. Cornos zkEVM is a ZK rollup blockchain using zkSync’s ZK stack.

• Hashflow launches on Solana with native-to-native cross-chain swaps enabled.

Hacks 👾

• Ledger ex-dev was phishing scammed and the attacker pushed malicious code to exploit Ledger’s library on GitHub, causing over 600K user loss. The exploit is now fixed, users can follow the steps to check if they are on the updated version.

Upcoming ⏳

• Pendle V3 is launching next year, focusing on interest rate swap markets.

• Iota 2.0 will launch in 2024 with enhancements such as uninterrupted transaction processing during disruptions, swift and democratic consensus, increased decentralization, and robust security features.

• Maverick V2 is coming in 2024. V2 will upgrade the AMM and introduce an omnichain ve-model, providing projects and LPs with native cross-chain liquidity management and incentivization tools.

• Sturdy plans to launch V2 with Sommelier integration, and likely to launch a token. With the integration, Sturdy users will be able to leverage LSD and earn yields in Sommelier vaults with incentives.

• Bracket Labs will launch Passage on mainnet on Jan 4th with a 20,000 ARB trading competition.

• Fantom will launch Sonic open testnet with tools to enable developers to launch dApps on the network.

Airdrops 🪂

• IntentX launches Multiplier Points, allowing users to earn up to 35% extra points trading on IntentX.

High Yield Farms, Trade LST Interest Rates with a Potential Catalyst, …