Today in DeFi - Sui Name Service TGE Upcoming, f(x) Protocol v2.0 Whitepaper Released, Units Network Mainnet Launched, Participate in New DeFi Layer and Get Rewards, and more..
Launches π
Units Network has launched on Mainnet, offering modular infrastructure with L0 scalability and restaking for consensus.
SynFutures, a leading decentralized exchange for perpetual futures, has launched Perp Launchpad, the first launchpad focused on derivatives instead of spot markets. To support this initiative, SynFutures is also introducing a $1 million grant program to help projects list their tokens and increase their visibility in on-chain markets
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ParaSwap has released Delta V2 after its beta phase, during which $300 million was processed across 6,000 transactions. Delta V2 introduces features aimed at enhancing competitive on-chain trading, including price auctions for execution improvement, seamless API integration for partners, and a design focused on user experience.
Genesis DIA Staking is Coming Soon!
DIA is gearing up for Lumina's mainnet launch in Q1 2025, bringing staking and slashing mechanisms to enhance the oracle networkβs resilience.
In anticipation, theyβre thrilled to unveil their Genesis $DIA staking program, offering early adopters up to 30% APY, ahead of the mainnet release.
Today in DeFi is supported in part by DIA
Updates π°
Eigen Labs has launched the Eigen Economy Dashboard, offering real-time insights into key metrics of the EigenLayer ecosystem. The dashboard, available at economy.eigenlayer.xyz, provides restakers, builders, and $EIGEN holders with a detailed overview of the ecosystem's growth factors.
Covalent has integrated with Unichain, an OP Stack Layer 2 platform by Uniswap Labs, to provide developers with easy access to Unichainβs onchain data.
This collaboration allows for efficient building of DeFi applications by simplifying data queries, enabling real-time insights, and providing a suite of developer tools.
Today in DeFi is supported by Covalent
Euler Labs has updated its Stablecoin Maxi marketplace by adding PT-sUSDE as collateral. Additionally, new incentives have been introduced, including 25,000 $PYTH rewards and Euler matching rewards, amounting to approximately $17,000 in total rewards.
DeFi Saver has added support for Euler v2, introducing a new management dashboard for Euler users. The update allows for features such as one-click creation and closing of leveraged and standard borrow positions, as well as leverage management with the Boost and Repay tools.
Spectra Finance has introduced a new yield market for cbETH holders on Base. Powered by Harvest Finance's cbETH vault and Moonwell DeFi's market, the platform provides cbETH holders with the opportunity to access a base rate, fixed rates via Principal Tokens, and APW rewards through pool gauges.
Upcoming β³
f(x) Protocol has released the whitepaper for its v2.0 upgrade, introducing the xPOSITION feature. The update includes up to 10x fixed leverage, zero funding costs, no individual liquidation risk, and a simplified perpetual trading model.
Pencils Protocol has launched Pencils Auction, a new token launch experience that alters the token auction process. The platform uses Pencils Points to increase participants' influence, offering specific benefits and allowing users to adjust their strategies.
Morpho Labs has announced that the vote to enable $MORPHO transferability is now live, with less than 24 hours remaining for Morpho DAO members to participate. If approved, Morpho DAO will proceed with the steps to activate $MORPHO's transferability.
Airdrops πͺ
Sui Name Service (SuiNS) is set to launch its token, with the Token Generation Event (TGE) date to be announced soon. The distribution plan for the 500M NS tokens is designed to decentralize governance and support the platform's long-term growth.
Dogin Hood, a memecoin on Solana with a fully gamified token launch platform and app on Telegram, has launched $DOGIN. Trading is now available on Gate.io and MEXC, and eligible users can claim their tokens via the DoginHood website. Following the launch, liquidity will be added to Raydium Protocol and Invariant Labs, making the token accessible on Jupiter Exchange.
Hyper Foundation has reminded users that the deadline to review and accept the Genesis Event Terms is November 11 at 23:59 UTC. The list of eligible participants for the genesis distribution has been updated based on recent on-chain data. Users can confirm their participation at hyperfoundation.org/genesis.
Oku, a non-custodial DeFi meta-aggregator, has partnered with Taiko to offer $TAIKO rewards throughout November. Users can earn rewards by providing liquidity or performing swaps and bridges to Taiko.
Contango has announced that all TANGO tokens sold through FjordFoundry are now claimable. Additionally, a TANGO/wstETH pool has been seeded on Balancer, allowing TANGO holders to deposit TANGO and lock their LP tokens on Contango to earn 100% of protocol fees.
Pencils Protocol has launched its Reward Emission program. Users can manage and claim their $DAPP rewards in the upgraded rewards center. To claim, visit the Reward Center, select "Rewards Emission," and claim accumulated staking rewards.
Farms π§π»βπΎ
Deposit cbBTC and borrow USDC on Base or Ethereum mainnet to earn your share of $150,000 in incentives through the Merit Program from ACI. These incentives will be distributed over three months. For more details, click here.
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Airdrop (ETH, USD, BTC) - Participate in New DeFi Layer and Get Rewards
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