DeFi
Every story this desk has filed under DeFi, most recent first.
Two Solana DeFi Firms Merge and Say They Want to Finance Power Plants
Orca, a Solana decentralised exchange, and the lending protocol Loopscale are combining as Formation, a New York company aiming at AI, energy, robotics and defence assets and eventually regulated US markets.
Tokenized Stocks Grew 395 Percent and Almost None of It Reached DeFi
RedStone puts tokenized equity supply at about $3.17bn and the slice posted as lending collateral at roughly $81m. Leveraged equity exposure onchain sits almost entirely in perpetual futures instead.
TALIS Puts Structured Products on Robinhood Chain's Stock Tokens
TALIS has launched a protocol on Robinhood Chain that builds structured markets around tokenized equities, the kind of payoff engineering that normally lives inside a bank's derivatives desk.
Zappin Opens on Robinhood Chain With a 90 Percent Cashback Offer Paid in ETH
A new application has gone live on Robinhood Chain promising to return most of what users spend in ether. The chain it launched on is carrying $997.6m of locked value and $1.76bn of daily swaps.
An Aggregator Says Half the Uniswap v4 Hooks It Checked Were Malicious
0x analysed 84,163 hooks on Uniswap v4 and found 54.2 percent of them malicious, calling the design a mistake. Uniswap's founder and a Paradigm partner said the failure is in how 0x routes orders.
Kraken Lends Out Tokenized Nvidia and Moves the Collateral Off Ink
The exchange's new xStocks vaults put tokenized equities and ETFs to work in DeFi lending markets, targeting up to 2 percent a year, and the collateral leaves Ink for Solana to do it.
A Custom AMM Lands on Robinhood Chain and Its Token Triples Off a Record Low
Daniele Sesta says Equilibra, an automated market maker with adaptive fees and an optional auto-repeg, is in testing on Robinhood Chain. The HeyAnon token it sits under had printed an all-time low the previous day.
On Robinhood Chain, a Healthcare Stock Is Now a Trading Pair for a Memecoin
Traders on Robinhood Chain are pairing memecoins directly against tokenized equities rather than against stablecoins, Cointelegraph reports, building a corner of DeFi where the quote asset is a share.
A Bitwise Real-World Asset Vault Took $8m of Deposits on Day One
Bitwise's Premium RWA Vault, ticker PAPY, drew $8m within a day of opening, according to Crypto Briefing. The number is small, and the identity of the depositor matters more than the total.
Stellar Holds $3bn of Real-World Assets and $213m of DeFi, Which Is the Whole Argument
RedStone puts tokenized real-world assets on Stellar above $3bn for July against decentralised finance value of $213m, a gap of more than fourteen to one.
Arcus Turns Perp Accounts Into Tokens You Can Send to Someone Else
Robinhood Chain exchange Arcus has wrapped perpetual-futures positions into transferable ERC-20 tokens, and says tokenized stocks can sit behind the leverage as collateral.