Today in DeFi - SXT Chain Testnet Launches, BOB Joins Superchain for BTC DeFi, Eclipse tETH Unified Restaking, USD Farm/Airdrop: Provide USD Liquidity for ~19% plus Airdrops, and more..
Launches π
Space and Time has launched SXT Chain testnet, a ZK-proven blockchain designed for AI and DeFi applications. SXT Chain combines decentralized databases, blockchain indexing, and a ZK coprocessor for trusted onchain data. The community can join testnet activities through Galxe and earn points in SXT Studio's Season 1 here.
Base has activated fault proofs on Mainnet, advancing its path to decentralization. This upgrade allows anyone to propose and challenge state claims, boosting community security.
Morph Mainnet is live, launching the Global Consumer Layer to make blockchain accessible. Morph provides builders with tools and support to create consumer-focused applications.
Bungee has launched Chain Abstracted Swaps, enabling fast, gasless token swaps across any chain with deep liquidity. Powered by Socket Protocol, this feature is available in early preview, so users are advised to exercise caution.
WalletConnect introduces WCT rewards for node operators, wallets, and SDKs, incentivizing network security and performance. Rewards are performance-based, designed to encourage sustained participation and align long-term ecosystem growth.
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°
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
BOB joins the Superchain as a Hybrid L2, merging Bitcoinβs security with Ethereumβs flexibility to expand BTC-based DeFi. This model enables BTC liquidity without third-party bridges and supports DeFi applications like BTC staking and BTC-backed stablecoins.
MetaMask now supports direct fund transfers from Binance and Coinbase accounts, allowing users to quickly add funds or buy crypto through exchange integration. Enabled by Mesh Connect API and Meld, this feature ensures that login credentials and wallet addresses remain private.
Kamino has launched liquidity vaults for $ezSOL and $kySOL, with deposits capped at $2 million per vault, as Solana infrastructure grows with Jitoβs latest advancements.
dYdX has officially frozen its v3 Ethereum smart contract, allowing users to withdraw the full $USDC value of their accounts, including open positions valued at oracle prices from the October 28 trading halt.
Frax Finance highlights strong APYs on Curveβs Llamalend, where users can lend stables, earn rewards with Beefy Finance, and accumulate FXTL points all in one place.
Airdrops πͺ
Eclipse has launched tETH, the first Unified Restaking Token, allowing users to maintain rewards exposure, diversify risk, and access unified liquidity. Created in partnership with Nucleus Earn and Hyperlane.
mETH Protocol introduces Season 2: Methamorphosis, featuring $cmETH, a new liquid restaking token that offers exposure to multiple restaking protocols and rewards in $COOK. Season 2 runs for 110 days, with incentives for users switching from $mETH to $cmETH, and a referral program to boost 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.
Today in DeFi is supported by ACI
For sponsorships or news tips, reach us at: support@todayindefi.com
USD Farm/Airdrop: Provide USD Liquidity for ~19% plus Airdrops
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