DERIVATIVES - Trade Savi - 360-degree view on crypto market

BASE DERIVATIVES DEXS PROTOCOLS ROLLUPS SEED &AMP; PRE-SEED TOKENS

Base DeFi protocol BSX raises $6.2 million ahead of token launch

BSX Exchange, a DeFi derivatives protocol on Ethereum's Base, raised $6.2 million in funding and plans to expand offerings and launch its token by late 2023.

theblock.co • 21/08/2024 - 16:07 PM

DERIVATIVES LIDO FINANCE RESTAKING STAKING STAKING FIRMS TOKENS

Restaking startup YieldNest builds novel liquid restaking token on EigenLayer

YieldNest’s new liquid restaking token, ynLSDe, is designed to earn additional yield from liquid staking platforms including Lido, FRAX, Origin Protocol and Mantle to earn additional yield. YieldNest previously released the ynETH token, a native restaking token that taps into a trading strategy managed by the YieldNest risk management team.

theblock.co • 20/08/2024 - 19:16 PM

DERIVATIVES PROTOCOLS

Solana-based Drift Protocol launches prediction market

Drift introduces BET, a prediction market on Solana allowing users to bet on outcomes and earn yield, supporting diverse crypto assets with a focus on U.S. elections and more.

theblock.co • 19/08/2024 - 19:00 PM

DERIVATIVES DEXS PROTOCOLS

dYdX Chain to allow users to list ‘virtually unlimited’ markets in upcoming upgrade

dYdX is set to launch a major upgrade, dYdX Unlimited, enabling users to create token trading markets and utilize a new liquidity pool called MegaVault this fall.

theblock.co • 14/08/2024 - 08:49 AM

ASSETS COINBASE DERIVATIVES PROTOCOLS SMART CONTRACTS

Coinbase teases upcoming launch of apparent tokenized bitcoin named cbBTC

Coinbase hints at launching the tokenized bitcoin product cbBTC, aiming to compete with BitGo's WBTC. Security concerns arise from BitGo's new partnership with BiT Global.

theblock.co • 14/08/2024 - 06:17 AM

ASSETS DERIVATIVES DEXS PROTOCOLS TOKENS

Ethena's USDe sees nearly $100 million in redemptions this week in 'stress test' for synthetic dollar

Ethena's USDe stablecoin saw nearly $100 million in redemptions amid market turbulence, maintaining its dollar peg through derivative strategies and an increased token supply amid crypto sell-off.

theblock.co • 06/08/2024 - 09:20 AM

ASSETS DERIVATIVES DEXS PROTOCOLS TOKENS

Elixir launches 'fully decentralized' synthetic dollar aiming to challenge Ethena's USDe

Elixir has rolled out its synthetic dollar ‘deUSD’ to challenge Ethena’s USDe. Elixir claims to have $1 billion in liquidity lined up to back the new yield-bearing token.

theblock.co • 31/07/2024 - 14:05 PM