Today in DeFi - Thorchain to Buy KUJI, Duper Season 1 Live, Starknet CEO Stepped Down, Complete Testnet Quests for Airdrop, and more...
Updates π°
Aori, a high-frequency off-chain order book protocol, expands to Base beyond Arbitrum and Blast.
Spectra (fka. APWine) is live on Optimism, allowing users to create pools on top of Optimism yield strategies to unlock fixed rates and yield trading.
Launches π
Size Credit introduces the first fixed-rate lending protocol that lets users define their own rates and durations while earning passive income and de-risking from market volatility. Experience this innovation on Base by Coinbase, launching Today 10AM Eastern time. Try the protocol here
Today in DeFi is supported in part by Size Credit
Issues π¨
Starknet Foundation announced that its first CEO Diego Oliva has stepped down after holding the position since March 2023.
Ronin Bridge has reportedly suffered a major MEV exploit linked to the suspicious withdrawal of ~4K ETH and 2M USDC, valued at ~$12M. The team is negotiating with the actors, who appear to act as white-hats and the lost funds could soon be safely returned.
Upcoming β³
Thorchain founder JPThor said that he will be buying KUJI and working directly with the Kujira team to help with their $3.2M debt position.
Elixir is set to enable protocol revenue for deUSD stakers upon mainnet launch. Users can register for the allowlist for the mainnet early access phase limited to 1000 participants.
Rage Trade $RAGE TGE will launch on Hyperliquid dex on August 7.
Airdrops πͺ
Duper, a strategy game project on Arbitrum, announces Season 1 and an $8.7M total raise. Duper Season 1 comes with official ETH and Sparks rewards from gameplay and what you earn from games.
Kelp DAO, a liquid restaking solution on EigenLayer for Ethereum, is launching the Gain campaign on August 13. Kelp Gain will allow users to earn Boosted rewards from multiple L2s.
PancakeSwap launches PancakeSwap Quest Beta, a unified quest platform where users can participate in various social media and on-chain tasks across multiple chains.
Farms π§π»βπΎ
Stake your GHO to earn ~30.24% APR from AAVE and Merit Program
Today in DeFi is supported in part by ACI
Infinex extended Ethena integration is live. Usersβ USDe balance will now earn 20x Sats per $USDe each day, in addition to the native Ethena yield.
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Complete Testnet Quests for Airdrop
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