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Nalezeno "Decentralized finance": 1598

Hyperliquid Achieves $10.1 Billion Open Interest High as HYPE Token Surges


Hyperliquid has announced that it has achieved a new all-time high in open interest, reaching $10.1 billion. The decentralized exchange (DEX) also reported 24-hour fees of $5.6 million and a total value locked (TVL) in USDC of $3.5 billion. This DEX trading milestone reflects the growing activity...

Ethereum’s DeFi Reign Slips 37% Since 2021—A Blockchain Power Shift?


Current metrics place the total value locked into decentralized finance (DeFi) at approximately $117.856 billion. Ethereum, once commanding more than 56% of that figure at the close of 2024, has since dipped to 51.24% in May, marking a notable decline in its share. Battle for DeFi Dominance Heats...

Magic Eden Taps Spark to Enhance Bitcoin DeFi With Fast, Low-Cost Settlement


Crypto platform Magic Eden has announced a partnership with Spark to enhance trading on bitcoin by providing fast and low-cost settlement for native assets. By integrating with Spark, Magic Eden plans to unlock efficient transactions for various market types, including stablecoin-to- BTC swaps...

Bitpay Launches HODL Pay to Enable Crypto-Backed Stablecoin Spending


Atlanta-based firm Bitpay has introduced HODL Pay, enabling users to borrow stablecoins against cryptocurrency holdings for payments without liquidating assets. The service integrates decentralized finance (DeFi) protocols with Bitpay’s merchant network. Crypto Users Can Now Borrow Stablecoins...

Hyperliquid Hits $5.6B Open Interest High Amid Hyperbridge Debut


Layerzero has launched Hyperbridge, a new interoperability solution connecting external blockchain assets to Hyperliquid’s decentralized trading ecosystem, which recently saw its open interest hit a record $5.6 billion. Cross-Chain Trading Boosted as Layerzero Rolls Out Hyperbridge for Hyperliquid...

DeFi Development Corp. Expands Solana Treasury to 400,091 Tokens


DeFi Development Corp. purchased $11.2 million worth of Solana ( SOL) tokens on May 6, 2025, increasing its total holdings to 400,091 SOL, valued at approximately $58.5 million. DeFi Development Corp. Bolsters Treasury with 82,404 Additional Solana Tokens The Boca Raton-based company acquired...

Ethena’s USDe Stablecoin Launches on Hyperliquid Exchange and HyperEVM


Ethena’s USDe stablecoin is now live on Hyperliquid’s decentralized exchange and HyperEVM blockchain, enabling daily rewards for users and cross-chain DeFi integrations. Hyperliquid Users Earn Rewards via USDe Balances on Hypercore and HyperEVM The USDe stablecoin, developed by Ethena Labs,...

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