The latest developments in DeFi👇




$Pendle and Gearbox went live on Sonic L1




LayerZero integrated Hyperliquid’s HyperEVM for cross-chain transfers




Curve Finance’s founder raised funds for Yield Basis, a new project aiming to solve impermanent loss




IO Net launched Co-staking, allowing $IO stakers to support GPU suppliers and earn rewards




Ethena raised $100M in funding and announced its upcoming deployment on Aptos




Babylon, the BTC staking protocol, opened registration for its airdrop




Avalanche released the Avalanche Visa Card




mETH Protocol helped Bybit recover $42 million from the Bybit hack




OpenEden introduced USDO: A regulated, yield-bearing stablecoin backed by tokenized U.S. Treasuries. cUSDO, USDO’s wrapped version, just went live on Ethereum and Base




Reserve introduced the Reserve Index Protocol, offering exposure to certain narratives in a single click




Franklin Templeton filed for a Solana ETF with staking




The SEC dropped investigations into Uniswap, Coinbase, & OpenSea




Solv Protocol released SolvBTC.BNB, a yield-bearing BTC liquid staking token that gives access to Binance Launchpools




Berachain’s Governance Phase 1 went live




Aave v3.3 went live, improving bad debt management




That's all for today.




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