Today in DeFi - Wormhole Live on Kraken's Ink Testnet, Moongate Launches $MGT Token, Almanak coming to Legion Platform, Free Airdrop: Earn Points While Enhancing Your Wallet Security, and more..

Launches 🚀

• Wormhole goes live on Kraken's Ink testnet, a DeFi-focused Layer 2 built on Optimism’s Superchain, offering enhanced interoperability and seamless access to decentralized finance.

• SuiPlay introduces SuiPlay0X1, a handheld gaming console, allowing users to play new titles and PC favorites while unlocking exclusive perks and rewards.

• Infura announces DIN launch as an EigenLayer AVS, enabling enhanced connectivity and broader web3 access across multiple blockchain networks.

• PancakeSwap launches Swap Bot on Telegram, enabling users to swap over 3,000 tokens directly on the BNB Chain.

• Karak launches Wormhole's Decentralized Validator Network on testnet, enhancing token bridging security by combining validator consensus with Guardian Network VAAs.

• Caldera introduces Vulcan, the first Sovereignty-as-a-Service for Ethereum rollups, enabling faster Stage 1 deployment and enhanced security through decentralized governance.

• Stride launches Echos, an AI-powered app on Celestia, enabling onchain agents to trade memecoins with USDC.

• Usual launches $USUAL on Binance Launchpool, allowing users to earn tokens through a revenue-based model.

• Pell Network launches $suBTC restaking, allowing users to mint $suBTC via SumerMoney and restake on BSquaredNetwork to earn 1.25X Pell Points.

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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 network’s resilience.

  In anticipation, they’re 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

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Updates 📰

• Covalent has integrated with Unichain, an OP Stack Layer 2 platform by Uniswap Labs, to provide developers with easy access to Unichain’s 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

• Pennsylvania's House of Representatives has introduced legislation to establish a Bitcoin Strategic Reserve, allowing the state to allocate up to 10% of its $7 billion funds into Bitcoin.

• Franklin Templeton has expanded its $410 million money market fund to the Ethereum blockchain, enhancing transparency and efficiency in fund transactions.

• Solv Protocol collaborates with Ozean by Clearpool, integrating SolvBTC into Ozean’s RWA liquidity layer, Oxygen (O2). This partnership aims to expand BTC-backed assets in the RWA sector, enhancing yield potential for Bitcoin holders.

• Jito increases global deposit cap for (Re)staking to $50M, starting November 18. Accepted assets include $SOL, JitoSOL, mSOL, and bnSOL, offering expanded opportunities for participants.

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Issues 🚨

• PeckShieldAlert has reported that the vETH token was exploited, resulting in the loss of approximately 140 ETH, valued at around $450,000.

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Upcoming ⏳

• Almanak, a platform specializing in training AI agents for decentralized finance (DeFi), is set to join Legion, a merit-based crypto fundraising platform.

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Airdrops 🪂

• Moongate announces $MGT token launch with a 100,000 $MGT giveaway, celebrating with over 10 partners.

• SuiNS announces $NS is now live, allowing eligible users to claim their tokens by verifying NS NFT ownership and receiving their $NS allocation.

• Sunrise launches Testnet v2, offering $RISE airdrop for participants, as part of its specialized Data Availability (DA) Layer for Proof of Liquidity and Fee Abstraction.

• Chromia launches Ecosystem Quest on November 15, featuring campaigns from My Neighbor Alice, Mines of Dalarnia, Alliance Games, Xoob Games, Fanzeal, and RSTLSS as part of the Chromia journey.

• Kelp DAO introduces wrsETH rewards on zkSync via Koi Finance, offering 2x Kelp Miles, 1x Programmatic EIGEN rewards, and 96K ZK incentives over 30 days for deposits in the wrsETH-ETH pool.

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Farms 🧑🏻‍🌾

• 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

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Free Airdrop: Earn Points While Enhancing Your Wallet Security