📊 DeFi TVL up 10% in September to $133 billion

The DeFi ecosystem recorded a roughly 10% increase in total value locked across all major networks during September, with the total up $12 billion to $133 billion. According to DefiLlama data, decentralized exchanges (DEX) and liquid staking protocols were the largest contributors to the increase in TVL.

Source

https://t.me/DeFi_Ethereum

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🚨 Grayscale launches Aave Trust to leverage DeFi lending boom

Grayscale has announced the launch of the Grayscale Aave Trust—a crypto investment fund focused on the DeFi lending protocol Aave, according to an Oct. 3 statement. Following the announcement, Aave’s token (AAVE) saw a 3% increase within the last hour, reaching $143, according to data from CryptoSlate. However, the token has declined by over 16% in the past week.

Source

https://t.me/DeFi_Ethereum

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drakochannel

August 6, 2024, 1:52

I mean just look at this

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💰 Solana DeFi Platform Mango Markets Settles SEC Charges Over MNGO Token

The U.S. Securities and Exchange Commission (SEC) announced Friday that it has charged the teams behind the Solana-based DeFi platform Mango Markets—Mango DAO, Mango Labs, and the Blockworks Foundation—with securities charges following a lengthy investigation. Collectively, the firms will pay nearly $700,000 worth of civil penalties and have agreed to "destroy their MNGO tokens, to request the removal of MNGO tokens from trading platforms, and to refrain from soliciting any trading platform to allow trading in or offering or selling MNGO."

Source

https://t.me/DeFi_Ethereum

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📣 Hinkal Revolutionizes DeFi with Shared Privacy and Liquid Privacy Tokens

Hinkal, a leader in privacy-focused blockchain solutions, has announced the launch of Shared Privacy, a new addition to its portfolio of privacy-enhancing products. This development aims to address existing issues with privacy features in the blockchain world, particularly within decentralized finance (DeFi). Shared Privacy is designed to improve Ethereum’s privacy capabilities and eliminate the fragmentation of anonymity sets, thereby enabling large-scale private transactions.

Source

https://t.me/DeFi_Ethereum

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📣 Defi.money integrates LayerZero as interoperability solution

Chain-agnostic stablecoin protocol defi.money has integrated LayerZero to bring omnichain liquidity to its network. LayerZero is an interoperability solution that offers a foundational layer for omnichain applications and blockchains. The LayerZero team announced the integration in a post on X on Sept. 26. The integration comes as defi.money’s stablecoin MONEY implemented the omnichain fungible token, also known as OFT.

Source

https://t.me/DeFi_Ethereum

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🇺🇸 Lawmaker Introduces Defi Bill — Calls Decentralized Finance 'Essential to Future of Markets'

Congressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance of safeguarding innovation and user privacy while addressing concerns over potential overregulation. This proposed study by key financial regulators seeks to balance defi’s growth with oversight, ensuring the sector’s competitive edge and resilience are maintained.

Source

https://t.me/DeFi_Ethereum

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🔴 OKX Wallet Launches 'Avalanche DeFi Season' Campaign Featuring a 15,000 AVAX Reward Pool

OKX Wallet Launches 'Avalanche DeFi Season' Campaign Featuring a 15,000 AVAX Reward Pool. OKX Wallet today announced the launch of 'Avalanche DeFi Season,' offering eligible users the opportunity to claim from a reward pool of 15,000 AVAX. The campaign aims to reward OKX Wallet users who supply USDT and USDC to Aave or Benqi via this link with bonus AVAX tokens - in addition to any base annualized earnings.

Source

https://t.me/DeFi_Ethereum

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📣 DeFi Protocol Cega Debuts 'Vault Token Market' to Facilitate Seamless Investing

On Tuesday, decentralized exotic-derivatives protocol Cega announced a new feature that gives users more flexibility in managing their investments and responding to changing market conditions. The Vault Token Market (VTM) will boost liquidity, utility and flexibility of users' investments, Cega said in a press release shared with CoinDesk.

Source

https://t.me/DeFi_Ethereum

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