DeFi

Ethereum-based DeFi protocol Term Finance was targeted in a DAO governance attack on August 23, resulting in the drainage of approximately $8.5 million in user assets.

Term Finance vaults suffered a governance exploit resulting in estimated losses of roughly $8.5 million, drawing intense scrutiny to the protocol's control structures.

Oracle network Chainlink announced 12 new protocol integrations spanning 10 blockchains and six services on August 17. The expansion brings fresh Chainlink support to Arbitrum, Avalanche, Base, BOB, Botanix, HyperCore, H...

Lending protocol Term Labs was targeted in a governance exploit, resulting in the drainage of $8.5 million in ETH and DAI from its vaults.

Decentralized finance lending protocol Term Labs suffered an $8.5 million exploit on Sunday following a governance attack on its Term vaults.

Decentralized derivatives platform Hyperliquid generated $6.5 million in fees over a 24-hour period, outpacing Solana-based launchpad Pump.fun and pushing its native HYPE token to a new all-time high.

Aave has expanded accessibility to AI agents via MetaMask's Agent Wallet, while technical analysis shows bullish momentum alongside overbought market conditions.

Aave's Total Value Locked recently climbed to $18.05 billion as the token gained nearly 25% over a 24-hour period, though mixed signals emerged across derivatives and spot markets.

Jeff Amico of GensynAI cautions that investors in tokenized real-world asset credit vaults may face weaker legal protections and lack direct claims against borrowers in a default.

Everything Protocol has released a new whitepaper outlining a unified liquidity architecture designed to combine swaps, lending, leverage, and limit orders into a single reserve.

A recent risk assessment reveals that fewer than 9% of Aave loan positions account for about half of the protocol's total outstanding debt, largely driven by leveraged Ethereum and liquid-staking positions.

Ripple is backing a new institutional credit initiative on the XRP Ledger that utilizes RLUSD as a credit asset, developed in collaboration with Clearpool and Cicada Partners.

Nasdaq-listed infrastructure firm BTCS used approximately $8.65 million worth of Ethereum to repay Aave principal and interest during the second quarter, closing out June with $317,113 in cash and stablecoins.

NAVI Protocol has introduced NAVI Prime, a modular lending framework on Sui that utilizes independently curated, isolated markets instead of shared liquidity pools.

The XRP Ledger is reviewing a new lending standard, XLS-66, which would enable pooled assets to fund fixed-term loans using XLS-65 Single Asset Vaults.

Ethena's native token ENA reached a local high of $0.09 supported by a $114 million increase in TVL, though earnings and daily active users showed contrasting trends.

Polytrade Finance has introduced a trade credit product on Robinhood Crypto offering 90-day financing at an 8% annual rate settled in USDG.

Venus Protocol has launched a new integration with Asseto and United Stables on BNB Chain, allowing institutions to use tokenized CASH+ as collateral to borrow $U stablecoins.

Cardano's total value locked fell sharply over a 24-hour period even as ADA surged by over 10% and reclaimed the $0.19 level.

Decentralized money market protocol Dolomite has highlighted its one-click gmBTC looping strategy on Arbitrum, which allows users to multiply exposure to GMX trading fees.