Today in DeFi - Redacted Cartel Pirex ETH on Mainnet, Pendle Introduces V3, High Organic Yield on Stables, Intent-based Shortcuts with Rewards, and more...

Launches 🚀

• Redacted Cartel launches the Pirex ETH (pxETH) on the Ethereum mainnet, marking the first phase of the Dinero rollout. Pirex ETH consists of pxETH and apxETH, giving users two choices: pxETH for liquidity or apxETH for boosted staking yield.

Updates 🆕

• Worldcoin introduces World ID 2.0, supporting integrations for its World ID with Minecraft, Reddit, Telegram, Shopify, and Mercado Libre.

• Term Finance launched the STBT (Short Term T-bill Token) auction, marking the first on-chain fixed-rate loan backed by permissioned RWA using oracles powered by Chainlink Proof of Reserves.

• Subsea, a risk management marketplace built by Andalusia Labs (fka. Risk Harbor), is live on testnet.

• Eclipse, an Ethereum L2 powered by Solana Virtual Machine (SVM), launches its testnet.

• Akash launches Akash Chat, enabling free-to-use, open-sourced LLMs using NVIDIA GPUs and hosted on Akash Supercloud.

Upcoming ⏳

• Immutable zkEVM and Immutable Passport will eliminate gas fees for users with a 2-phase approach for next year.

Farms 🧑🏻‍🌾

• Y2K USDC.e farm on Silo now offers a 22% APR for deposits.

• Pendle aUSDC pool on Arbitrum offers a 258% APY boosted with ARB STIP.

• Redacted Cartel launches pxETH-ETH farm on Maverick AMM, allowing LPs to earn LP fees and $BTRFLY rewards.

Boosted Stable Pools, Intent-based Shortcuts with Rewards …