TodayinDeFi - Banks to Test Crypto Trades on SWIFT in 2025, Linea Drop LXP to Culture Szn Users, USD0++ PT Live on Morpho, and more..
Launches π
VOOI, a cross-chain perpetual DEX aggregator backed by Binance Labs, Consensys, and ZK Accelerator, has expanded its reach into the Telegram ecosystem. While the VOOI Mini App remains in the testing phase, users can engage in paper trading with live market data and earn rewards for daily activities.
Covalent's EWM Light Client Testnet is live, offering rewards for securing Ethereumβs historical data. Participants can earn 20-25% APY and gain early access to the mainnet. For more information regarding the EWM Light Client, visit here.Β
Today in DeFi is supported in part by Covalent
DIAβs new Rollup-Powered βLuminaβ Reimagines Oracles
Discover Lumina, DIAβs cutting-edge new oracle stack, delivering the most trustless and verifiable data feeds in DeFi through its native βLasernetβ Ethereum Layer-2 rollup.
The DIA utility token β the gas token of the Lasernet, captures value generated by data usage revenue and redirects it to stakers, nodes and holders, setting the foundation for an economic flywheel βDIA staking is on the horizon, weβve heard.Β
Today in DeFi is supported in part by DIA
Updates π°
SWIFT, the worldβs largest financial institution payment network, has announced that beginning next year, institutions globally will begin trialing live digital asset and currency transactions on its network.
Lombard has launched a limited-time flash event, offering 2x Lux rewards on all new BTC staked before Babylonβs Cap-2 event next Wednesday. The Luminary Program aims to incentivize early, loyal, and influential participants, while also encouraging new entrants. Additionally, LBTC staked through DeFi partners is eligible for the same 2x Lux rewards.
KelpDAO's agETH can now be bridged from other networks to Linea through Axelar. Participants can earn 50 AXL rewards for each agETH bridged to Linea, LXP-L, alongside the usual rewards for minting agETH.
Ethervista has launched its Vista staking, allowing users to stake Vista tokens and earn a third of trading fees, along with boosted fees from the platform. Fees are paid in ETH to minimize selling pressure on Vista and stabilize its price. Ethervistaβs automated buy-back and burn mechanisms will continue to operate.
Airdrops πͺ
Linea is preparing to distribute the LXP tokens collected during Culture Szn. To be eligible for the drop, users must ensure they have passed the Proof of Humanity verification through Verax.
Calderas' "I Was Early" NFT is now available for claim to those who completed the first 11 Layer3 quests by October 4. The minting window will close by the end of today.
Owlto Finance, in collaboration with Scroll, has launched the Scroll Quest event. Users who bridge to Scroll via Owlto can earn 3 Owlto Badges on Scroll Canvas, along with an additional 3,300 Owlto Points for future airdrop eligibility.
Plena, the crypto super app that aggregates dApps and enables trading of over 100,000 tokens at optimal rates, announced special benefits for LunarKey NFT holders. These include guaranteed PLENA airdrops, enhanced staking rewards, and exclusive opportunities to invest in PLENAβs public sale.
Farms π§π»βπΎ
Stake your GHO to earn ~16.66% APR from AAVE and Merit Program
Today in DeFi is supported in part by ACI
Usualβs USD0++ PT from Pendle is now on Morpho. Holders of USD0++ PT can now borrow USDC or USDA against the asset at 4.76% borrowing APY to further increase the capital efficiency while still benefiting from the PT fixed rate.
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Leverage Farm Uni v3Β with Automation, or Lend USDC to Earn Airdrop Points
Description
Revert Lend is a cutting-edge decentralized lending platform tailored for Uniswap v3 Liquidity Providers. It empowers users to unlock the value of their Uniswap v3 positions by using them as collateral to borrow USDC, all while keeping full control over their capital.
USDC Holders can also lend their assets on Revert to earn good yield and Revert points.
Even with collateralized positions, users can continue to manage and optimize their liquidity just as they would normally. Integrated seamlessly into Revertβs position management interface, Revert also supports automation tools like Auto-Range, Auto-Compound, and Auto-Exit, ensuring that collateralized positions perform just as efficiently as standard LP positions.
Benefits
π Share the Exclusive Pool of 50M Airdrop Points (Only ~60M airdrop points in total have been distributed so far)
π Strong Borrowing Demands with High Utilization Rate
π Stable APY
π Collaterals of Good Quality
π Overcollateralization and Active Liquidation Mechanism
π Low-cost USDC Liquidity to Build Leverage LP Positions
Risk Involved
β οΈ Revert Smart Contract Risk
β οΈ Uniswap Smart Contract Risk
β οΈ Bad Debt Risk
Security
β Revert is audited by Peckshield, Hydn, and Code4Arena
β All automation tools supporting LP position management are also audited
Compoundor v1 by Peckshield
Self-Compoundor by Peckshield
Auto-Exit and Auto-Range by Hydn
Auto-Exit and Auto-Range v2 by Hydn
Revert Lend, V3Utils v1.1, Auto-Compound, Auto-Exit and Auto-Range v3 by Peckshield
Revert Lend, V3Utils v1.1, Auto-Compound, Auto-Exit and Auto-Range v3 by Hydn
Revert Lend, V3Utils v1.1, Auto-Compound, Auto-Exit and Auto-Range v3 by Code4Arena
The audit does not guarantee any hacks. Please do not invest with more than you can afford to lose.
User Guide
For Liquidity Providers and Borrowers - Borrow USDC
Go to Revert Dashboard, connect your wallet, and select βBorrowβ
Ensure you are on the Arbitrum network
Select the collateral pairs you would like to borrow against as the collateral
Enter the amount of USDC you would like to borrow
Double check the load health to see if youβre comfortable with the risk level
Click βGet USDC borrowβ
For Liquidity Providers and Borrowers - Borrow USDC to leverage up
Go to Revert Dashboard, connect your wallet, and select βLeverageβ under the βBorrowβ section
Ensure you are on the Arbitrum network
Select the collateral pairs you would like to borrow against as the collateral
Enter the amount of USDC you would like to borrow to leverage
Double check the load health to see if youβre comfortable with the risk level
Click βLeverage USDCβ
For Lenders - Lend USDC
Go to Revert Lend and connect your wallet
Ensure you are on the Arbitrum network
Click "Supply" and enter the amount of USDC you want to deposit
Click "Supply USDC" to the pool, which follows the ERC-4626 Tokenized Vault Standard.
Confirm the transaction and start earning APY plus exclusive airdrop points from 50M pool
When depositing, lenders receive rlTokens (e.g., rlUSDC) that represent their share of the lending pool. These rlTokens are equal in value to the deposited tokens and serve as proof of the lender's contribution. Accumulated interests paid by borrowers will also go to lenders and increase the value of rlTokens over time.
Resources
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Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned.