Crypto.com DeFi Research

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4/17/2024
12 : 4

DeFi & L1L2 Weekly - 💱 Ondo Finance Successfully Tests Near-Instant Conversion Between USDC and BUIDL

Ondo Finance tests instant conversion between BlackRock's BUIDL and USDC. Ethereum's Pectra upgrade to introduce smart contract functionality to wallets. EigenLayer removes staking caps on LSTs
4/13/2024
8 : 34

DeFi & L1L2 Weekly – 📈 Ethena Increases Staking Rewards, Boosts USDe with Bitcoin; ENA Jumps 19%

Ethena increases staking rewards by 50%, boosts USDe with Bitcoin; ENA jumps 19%. EigenLayer launches on Ethereum mainnet. Lido market share dips below 30% amid centralisation concerns. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
4/3/2024
12 : 14

DeFi & L1L2 Weekly – 🪙 Fetch.ai, SingularityNET, Ocean Protocol to Merge Into ‘Artificial Superintelligence’ Toke…

Fetch.ai, SingularityNET, and Ocean Protocol to merge into ASI token. Vitalik Buterin outlines next steps for Ethereum's Purge. Ankr unveils Neura, a blockchain for AI startups built on Cosmos SDK.
3/27/2024
12 : 24

DeFi & L1L2 Weekly – 📈 Cronos Titan Upgrade Is Live; DEX Volume Surges

Cronos Titan Upgrade is now live. DEX volume on all chains surges, with Solana and Avalanche emerging as top performers. BlackRock launches BUIDL tokenised asset fund on Ethereum. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
3/20/2024
12 : 14

DeFi & L1L2 Weekly - 📈 Ethereum L2 Transactions Surge as Fees Drop Post Dencun

Transactions spike as fees drop in Ethereum L2s post Dencun. Fidelity adds staking to Ether ETF application. Arbitrum rolls out Atlas upgrade, with additional fee reductions and more. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
3/14/2024
0 : 4

DeFi & L1L2 Weekly - 💫 Community Gears Up For Ethereum Dencun Upgrade

Community gears up for Ethereum Dencun upgrade. BRC-20 creator Domo addresses governance issues with UniSat partnership. Goldman Sachs, BNY Mellon, and others test Canton Network for tokenised assets.
3/6/2024
13 : 14

DeFi & L1L2 Weekly - 💰Tether Launches Recovery Tool as USDT Hits $100B

Tether unveils recovery tool as USDT hits $100B in market cap. Blast officially launches its mainnet, TVL soars to $320B. Following Circle STARKs launch, StarkWare debuts new ZK prover Stwo. ͏ ‌ ͏ ‌ ͏
2/28/2024
12 : 34

DeFi & L1L2 Weekly - 💰Ethena USDe's 27% Yield Sparks Debate

Crypto.com enters into a strategic partnership with BTG Pactual. Ethena USDe's promise of 27% yield following mainnet launch sparks debate. Arweave AO officially launches on public testnet. ͏ ‌ ͏ ‌
2/21/2024
12 : 14

DeFi & L1L2 Weekly: ⭕️ Circle to End USDC Support on TRON

Circle to end USDC support on the TRON blockchain. Solana integrates Filecoin to boost decentralised data storage. Uniswap v4 targets a Q3 launch date following Ethereum's Dencun upgrade. ͏ ‌ ͏ ‌ ͏
2/21/2024
11 : 14

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2/19/2024
2 : 14

DeFi & L1L2 Weekly: 🚀 Ethereum gas fees surge amid the rise of ERC-404

Ethereum gas prices surge to 8-month high amid the popularity of ERC-404. Ethereum's Dencun upgrade is set to go live on 13 March. Avalanche launches its Durango upgrade on the Fuji testnet. ͏ ‌ ͏
2/7/2024
12 : 4

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 6, 01/02/2024 - 07/02/2024)

EigenLayer TVL surges after staking cap is temporarily removed. Solana network resumes operations after 5-hour outage. dYdX unveils 2024 roadmap with software enhancements and Permissionless Markets. ‌
1/31/2024
12 : 14

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 5, 25/01/2024 - 31/01/2024)

Ethereum Dencun upgrade goes live on the Sepolia testnet. New developments in liquid restaking ecosystem underway; TVL reaches US$2B in Jan 2024. Immutable zkEVM launches, mainnet early access live. ‌
1/24/2024
12 : 14

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 4, 18/01/2024 - 24/01/2024)

BIS to focus on tokenisation & CBDC in 2024; tokenised treasuries market cap up 657% YoY. NEAR Data Availability integrates with Polygon CDK. Frax Finance completes V3 rollout, launches Frax Bonds.
1/17/2024
12 : 14

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 3, 11/01/2024 - 17/01/2024)

USDC issuer Circle confidentially files for IPO in US. Polygon launches Amoy testnet, zkEVM enters its next stage of development. Cosmos Hub voting on a proposal to set ATOM's inflation rate to 0%.
1/12/2024
9 : 34

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 2, 04/01/2024 - 10/01/2024)

TVL of Ethereum L2 networks reach a record-high of nearly $21B in Jan 2024. Ethereum developers confirm #Dencun upgrade testnet dates. Paxos exploring $PYUSD deployment on AaveAave to boost liquidity.
12/20/2023
12 : 4

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 51, 14/12/2023 - 20/12/2023)

Cronos Labs launches the Cronos zkEVM testnet. Ethereum approves ERC-3643, its first compliant tokenisation standard. Circle launches its Euro stablecoin, EURC; AllUnity to launch a Euro stablecoin. ‌
12/15/2023
14 : 4

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 50, 07/12/2023 - 13/12/2023)

Bitcoin Core V26.0 goes live, V27 could terminate Bitcoin Ordinals. Ethereum aims to activate Dencun in January 2024. Polygon CDK to integrate Celestia's data availability solution. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
12/6/2023
12 : 4

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 49, 30/11/2023 - 06/12/2023)

Crypto.com secures approval as an Electronic Money Institution in the UK. DeFi market rebounds as TVL surpasses US$50B. Uniswap partners with Talos to bring institutional access to DeFi. ‌ ‌ ‌ ‌ ‌ ‌ ‌
11/29/2023
12 : 14

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 48, 23/11/2023 - 29/11/2023)

Blast skyrockets with nearly US$600M in TVL days after launch. dYdX completes mainnet migration, rolls out a $20M launch incentive program. Cosmos founder calls for chain split to create AtomOne. ‌ ‌ ‌