Today in DeFi - Taiko L2 Mainnet Live, Jupiter JupSOL Earns 50% Priority Fees, USDe Earns Infinex GPs, Secure >20% APR on ETH, and more...

Launches 🚀

• Taiko L2 has launched on the Ethereum mainnet. Taiko will launch its token a few weeks after the mainnet goes live, and will introduce a points incentive program called Trailblazers to engage its community.

• Sei V2 is live on mainnet. Users can now connect to Sei using EVM wallets like Metamask and Compass.

• Astaria, an intent-based, fixed-rate lending protocol led by ex-Sushi CTO, is live on Ethereum mainnet with tokens available (WETH, GEAR, PEPE, etc.)

• Velar, the first perp dex on Bitcoin, launches its testnet on Bitlayer L2. Testers can trade perps on Bitcoin-based assets with up to 10x leverage.

• Soul Labs launched the web version of Soul, a cross-chain lending protocol based on LayerZero. Soul enables lending & borrowing for native assets without the need for bridging or synthetics.

• Mind Network launched a testnet for the first FHE (Fully Homomorphic Encryption) Restaking Layer for PoS and AI Networks. FHE allows for direct computation of encrypted data without the need for decryption.

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Updates 📰

• Jupiter’s JupSOL now earns 50% of priority fees generated by the Jupiter Validator. Jupiter has distributed 400 SOL over the weekend and will add future earnings automatically every epoch.

• Ondo launched rUSDY on the Ethereum mainnet. rUSDY is a new form of USDY, where earnings are accumulated through the daily distribution of additional tokens. The original USDY earnings were accumulated daily through an increase in the redemption value of each token.

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Airdrops 🪂

• Starting May 28, users can deposit USDe and earn Ethena native incentives as well as Infinex Governance Points (GP).

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Farms 🧑🏻‍🌾

• Stake your GHO to earn ~40% APR from AAVE and Merit Program

  • Today in DeFi is supported in part by ACI

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Secure >20% APR on ETH

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