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Daily Defi News from Across the Web

Daily Defi News from Across the Web

OpenOcean Launches on Polygon by Popular Demand

Cross-chain swaps are next in the roadmap OpenOcean, a popular DeFi & CeFi aggregator, is officially launching on Polygon. This is the latest in a series of developments and chain integrations. OpenOcean... Read more »

DeFi Lending: 3 Major Risks to Know

As with most things in the financial world, when something promises extremely high rates of return there’s usually a catch. DeFi lending is no exception. To put it simply, DeFi, shorthand for... Read more »

Market Wrap: Bitcoin Weakens as US Inflation Hits 13-Year High

Bitcoin was lower for a second day in a row, further decoupling from the stock market after a report showing U.S. consumer prices rose last month at their fastest pace since 2008.... Read more »
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DeFi Gets Proactive About Policy Thanks to Uniswap Grant

The freshly funded DeFi Education Fund (DEF), a new policy organization supported through Uniswap, turned half of the assets allocated to it by Uniswap governance, 500,000 UNI (around $10 million) into USDC... Read more »
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Polychain Leads $21M Round for Retail-Oriented DEX

Clipper, a new decentralized exchange (DEX) that caters to retail traders, closed a $21 million funding round on Tuesday.  Olaf Carlson-Wee’s Polychain Capital led the $4 million equity round and participated in... Read more »
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Superfluid Raises $9M for a New Take on Streaming Payments

Superfluid, a blockchain-based system that streams perpetual payments for use in crypto-native settings and also for things like subscriptions and salaries, has raised $9 million in a funding round led by Multicoin... Read more »
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Partially Collateralized Options with Opyn

Wade Prospere on 13 Jul 2021 What are Options? Options are derivatives contracts that give the buyer the right, but not the obligation, to either buy or sell a fixed amount of... Read more »
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Experimental RugZombie Platform to Help Scam Victims

Bringing rugged tokens back from the dead via NFTs An experimental platform by the name of RugZombie has arrived on Binance Smart Chain to a warm reception. They claim to bring tokens... Read more »
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Hera Network Volume Spikes Thanks to Farms

In the past seven days, Hera Network volume went up more than 500% Hera Network, the all-in-one Tezos hub that offers P2P betting, P2P lottery, and P2P lending, has now introduced yield... Read more »
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Synthetix Rallies as DeFi Protocol Announces Layer 2 Launch

While bitcoin, the crypto market leader, remains in a deep slumber, some coins continue to see news-driven price moves. One such coin is SNX, the native token of the decentralized finance (DeFi)... Read more »

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