TVL

Stader Labs Launches First-of-Its-Kind SD Utility Pool: Rewarding Holders for Contributing to ETH Decentralisation

Retrieved on: 
Tuesday, April 2, 2024
TVL, EVM, BNB, Maria Stader, ETH, Decentralized finance, Ecosystem, Cryptocurrency

Singapore, Singapore--(Newsfile Corp. - April 2, 2024) - Stader Labs recently unveiled Phase 2 of its ETHx tokenomics with the launch of SD Utility Pool .

Key Points: 
  • Singapore, Singapore--(Newsfile Corp. - April 2, 2024) - Stader Labs recently unveiled Phase 2 of its ETHx tokenomics with the launch of SD Utility Pool .
  • SD Utility Pool is a strategic initiative by the liquid staking giant to tie in SD, its protocol token, more integrally with the ETH ecosystem.
  • Stader has now entered the next phase of its ETH-decentralisation journey where it brings SD holders into the ETHx space with the launch of the SD Utility Pool.
  • SD Utility Pool is getting a strong positive response with 1.5 Mn+ SD already delegated in little over the fortnight since launch.

WOO X sets record $1.29 million prize pool, lists $FLC to boost Flooring's NFT market innovation

Retrieved on: 
Monday, April 8, 2024
Ethereum, DEX, TVL, WOO, NFT, Non-fungible token, Trade, Decentralized finance, Ecosystem, FLC, USDT, Cryptocurrency

In addition to listing $FLC, WOO X has announced a reward for $WOO stakers, offering them exclusive participation in the $FLC airdrop.

Key Points: 
  • In addition to listing $FLC, WOO X has announced a reward for $WOO stakers, offering them exclusive participation in the $FLC airdrop.
  • WOO X also introduces μToken Earn Vaults, making it the first platform to enable users to earn a yield on fractionalized NFTs.
  • In January, WOO X set a milestone by becoming the first centralized exchange to list FLC’s μTokens representing prominent NFT collections.
  • WIN a share of $1,29 million worth of $FLC, WOO X’s biggest prize pool to date
    With the introduction of the $FLC listing, WOO X presents eight engaging challenges, culminating in a substantial $1.2M prize pool , guarded by four blue-chip NFTs.

Mastering Crypto Investing: A Guide to Ethereum (ETH), Solana (SOL) and Furrever Token (FURR)in the Face of Market Turbulence

Retrieved on: 
Wednesday, April 3, 2024
TVL, Uncertainty, Growth, MACD, Trust, SOL, Average cost, ETH, MFI, Most, Heart, BTC, Ecosystem, Optimism, RSI, Movement, Relative strength index, Weather, Cryptocurrency

Ethereum (ETH) navigates a stormy sea in today’s unpredictable crypto market, feeling the ripple effects of Bitcoin's recent downturn.

Key Points: 
  • Ethereum (ETH) navigates a stormy sea in today’s unpredictable crypto market, feeling the ripple effects of Bitcoin's recent downturn.
  • Should Ethereum conquer the $3,450 resistance, a surge towards $3,720 might be on the horizon, pending a decisive breach of $3,650.
  • Demonstrating considerable promise and drawing investor attention during its presale, Furrever Token has successfully gathered over $610,000, signaling a robust interest from the market.
  • With sights set on its imminent launch on decentralized exchanges such as PancakeSwap, the excitement around Furrever Token continues to mount.

Sovryn, the biggest Dapp in Bitcoin DeFi, expands to BOB, a Bitcoin L2

Retrieved on: 
Friday, March 15, 2024
TVL, Friction, Partnership, BOB, Human, OG, Decentralized finance, Ecosystem, Cryptocurrency

London, UK, March 15, 2024 (GLOBE NEWSWIRE) -- Sovryn ( www.sovryn.com ), the biggest Bitcoin DeFi platform with $136M TVL, has chosen to expand their DeFi product suite to BOB ( www.gobob.xyz ), a hybrid L2 between Bitcoin and Ethereum.

Key Points: 
  • London, UK, March 15, 2024 (GLOBE NEWSWIRE) -- Sovryn ( www.sovryn.com ), the biggest Bitcoin DeFi platform with $136M TVL, has chosen to expand their DeFi product suite to BOB ( www.gobob.xyz ), a hybrid L2 between Bitcoin and Ethereum.
  • This partnership will remove friction for Ethereum users to move their financial activity into the Bitcoin space, allowing Sovryn to instantly tap into the large Ethereum DeFi user base.
  • By leveraging the combined strengths of the two largest cryptocurrencies, BOB offers users the highest security and liquidity in the market.
  • The Sovryn-BOB partnership comes just in time for the Bitcoin halving, and is set to kick off the “Bitcoin summer” amid rising interest in Bitcoin DeFi and L2s.

Restaking Platform PrimeStaked Reopens Deposits Following $40M in Demand

Retrieved on: 
Tuesday, March 12, 2024
Ethereum, TVL, Realme, DVT, ETH, Decentralized finance, AUM, Methamphetamine, OETH, Cryptocurrency

Origin Protocol , a leading DeFi platform, has announced the remarkable success of a newly launched liquid restaking platform, PrimeStaked , which has achieved a Total Value Locked (TVL) milestone of over $40 million and has just reopened deposits with added support for ETH restaking.

Key Points: 
  • Origin Protocol , a leading DeFi platform, has announced the remarkable success of a newly launched liquid restaking platform, PrimeStaked , which has achieved a Total Value Locked (TVL) milestone of over $40 million and has just reopened deposits with added support for ETH restaking.
  • Built on top of EigenLayer, the platform has attracted $35+ million in OETH deposits on PrimeStaked and $80 million of total OETH deposits on EigenLayer.
  • On March 11, PrimeStaked opened support for native ETH restaking, which will accept deposits on an ongoing basis.
  • PrimeStaked has partnered with P2P.org, a staking provider with $1B+ in AUM, and ssv.network, a distributed validator technology (DVT), to support ETH deposits for liquid restaking.

Ethena’s Synthetic Dollar USDe Exceeds $1B Supply

Retrieved on: 
Tuesday, March 19, 2024
Fintech, Other Professional Services, Cryptocurrency, Professional Services, Dragonfly, TVL, Bybit, General partnership, History, FMR, ETH, Decentralized finance, Fidelity Investments, Investment, BitMEX

Just one month after Ethena Labs launched USDe, a crypto-native synthetic dollar, the total supply has exceeded 1 billion.

Key Points: 
  • Just one month after Ethena Labs launched USDe, a crypto-native synthetic dollar, the total supply has exceeded 1 billion.
  • This is the fastest time period in which a dollar based crypto asset has reached 1 billion dollars into mainnet.
  • Backed by Dragonfly, BitMEX founder Arthur Hayes and every major derivative exchange in crypto, Ethena’s synthetic dollar USDe was brought to market alongside the value accruing “Internet Bond” sUSDe.
  • While USDe is a comparable asset to traditional stablecoins in certain aspects, the launch of USDe marks the debut of a new unique digital asset class: the synthetic dollar.

Flash News: OKX Ventures Announces Investment in StakeStone, an Omni-Chain Liquidity Distribution Network

Retrieved on: 
Friday, March 29, 2024
Bitcoin, CDP, Web3, TVL, Growth, OKX, ETH, BTC, Blockchain, Cryptocurrency

SINGAPORE, March 28, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading Web3 technology company OKX , has issued updates for March 29, 2024.

Key Points: 
  • SINGAPORE, March 28, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading Web3 technology company OKX , has issued updates for March 29, 2024.
  • OKX Ventures Announces Investment in StakeStone, an Omni-Chain Liquidity Distribution Network
    OKX Ventures today announced its investment in StakeStone , an omni-chain liquidity distribution network.
  • Stakestone focuses on establishing STONE as the standard for omnichain liquidity assets and advancing its use cases on various chains.
  • OKX Ventures has always advocated for innovative yet secure use-cases in DeFi, which can pave the way for the growth of the chains."

SaucerSwap increases total value locked by 300 percent in just one year with support from The Hashgraph Association (THA)

Retrieved on: 
Wednesday, March 20, 2024
DEX, TVL, MEV, HSCS, Organization, Entrepreneurship, Risk, HTS, Non-fungible token, Decentralized finance, Ecosystem, Operation, THA, USD, Cryptocurrency

TVL on SaucerSwap increased from approximately $35 million to over $150 million at the beginning of March[1], a 300% surge in less than a year.

Key Points: 
  • TVL on SaucerSwap increased from approximately $35 million to over $150 million at the beginning of March[1], a 300% surge in less than a year.
  • This all changed in 2023, when THA identified SaucerSwap as an innovative startup in the space and on-boarded the project to its Innovation Program.
  • Following the provision of funding support by THA, SaucerSwap underwent a period of rapid transformation and launched SaucerSwap V2 in the same year.
  • The support from The Hashgraph Association has been invaluable in our journey to build a cutting-edge, user-centric platform.

SaucerSwap increases total value locked by 300 percent in just one year with support from The Hashgraph Association (THA)

Retrieved on: 
Wednesday, March 20, 2024
DEX, TVL, MEV, HSCS, Organization, Entrepreneurship, Risk, HTS, Non-fungible token, Decentralized finance, Ecosystem, Operation, THA, USD, Cryptocurrency

TVL on SaucerSwap increased from approximately $35 million to over $150 million at the beginning of March[1], a 300% surge in less than a year.

Key Points: 
  • TVL on SaucerSwap increased from approximately $35 million to over $150 million at the beginning of March[1], a 300% surge in less than a year.
  • This all changed in 2023, when THA identified SaucerSwap as an innovative startup in the space and on-boarded the project to its Innovation Program.
  • Following the provision of funding support by THA, SaucerSwap underwent a period of rapid transformation and launched SaucerSwap V2 in the same year.
  • The support from The Hashgraph Association has been invaluable in our journey to build a cutting-edge, user-centric platform.

Bybit Web3 Partners with Kamino Finance to Open up Access to Solana Ecosystem and dAPPs

Retrieved on: 
Tuesday, March 12, 2024
Decentralized application, Web3, TVL, Partnership, SOL, KMNO, Ecosystem, TGE, Cryptocurrency

In line with this vision, this partnership with Kamino Finance marks a step towards opening up opportunities for Bybit Web3 users to explore and participate in the rapidly expanding Solana ecosystem.

Key Points: 
  • In line with this vision, this partnership with Kamino Finance marks a step towards opening up opportunities for Bybit Web3 users to explore and participate in the rapidly expanding Solana ecosystem.
  • Bybit users will gain access to Kamino Finance, one of Solana's premier DeFi applications, renowned for its liquidity, leverage, and lending services.
  • Bybit Web3 is dedicated to providing users with access to cutting-edge DeFi products and services, and Kamino Finance perfectly aligns with this vision.
  • "Bybit Web3 is at the forefront of making DeFi accessible to a wider audience within the Web3 community," said Marky, Co-lead of Kamino Finance.