Today in DeFi

Today in DeFi

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Today in DeFi
Today in DeFi
Today in DeFi - OKX X Layer Public Mainnet, GMX Single-Token Pools,IndexCoop Leverage Tokens on Arbitrum, ~40% APR + Airdrop on Stables, and more...
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Today in DeFi - OKX X Layer Public Mainnet, GMX Single-Token Pools,IndexCoop Leverage Tokens on Arbitrum, ~40% APR + Airdrop on Stables, and more...

π•―π–†π–“π–Œπ–Šπ–—'s avatar
π•―π–†π–“π–Œπ–Šπ–—
Apr 16, 2024
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Today in DeFi
Today in DeFi
Today in DeFi - OKX X Layer Public Mainnet, GMX Single-Token Pools,IndexCoop Leverage Tokens on Arbitrum, ~40% APR + Airdrop on Stables, and more...
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Launches πŸš€

  • OKX launched the public mainnet of X Layer, its zkEVM L2. Built with Polygon CDK, X Layer provides faster, cheaper transactions when interacting with dApps.


Updates πŸ“°

  • GMX launched Single-Token Pools on V2, starting with yield-earning BTC and ETH liquidity pools on Arbitrum. These new markets allow LPs to earn fees from supporting trading while maintaining BTC or ETH exposure.


Upcoming ⏳

  • IndexCoop approved the proposal to launch a suite of automated leverage tokens on Arbitrum. The Tokens to be launched include inverse and direct leverage options for ETH and BTC.

  • Ether.fi has adopted LayerZero’s OFT Standard and is launching weETH on L2s, including Blast, Optimism, Base, Linea, Mode, and BNB Chain.


Airdrops πŸͺ‚

  • Parcl, a Solana-based real estate trading protocol, is launching its PRCL token and airdropping 800M PRCL to early users. The checker page is live, and the token claim will go live on April 16, 12:59 UTC.

  • Blitz, a Blast-based DEX, launched Blitz’s points page and dropped 350M Blitz Points to users of Blast, popular dApps & NFT communities.

  • Wasabi, a Blast-based NFT perps trading protocol, launched Wasabi Points. Users can earn points through trading, liquidity provision, and social sharing.


Farms πŸ§‘πŸ»β€πŸŒΎ

  • Supplying GHO liquidity on Gearbox earns ~27% APY

    • Today in DeFi is supported in part by ACI


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~40% APR + Airdrop on Stables

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