Decentralized Finance

Maverick is entering an increasingly competitive market of decentralized exchanges. (Maverick Protocol)
DeFi Protocol Maverick Unveils UniSwap Rival Decentralized Exchange on Ethereum
Maverick Protocol said its automated market maker algorithm offers investors more customization and the potential to earn greater profits than on top decentralized exchange Un...
Maverick is entering an increasingly competitive market of decentralized exchanges. (Maverick Protocol)

(Getty Images)
DeFi Trading Platform Aurox Seeking Funding at $75M Valuation
The DeFi-focused software developer firm is seeking to raise up to $1 million in a crowdfunding campaign on tZERO.
(Getty Images)

The exploit of Platypus Finance is the latest example of crypto's rampant problem with hackers. (Meg Jerrard/Unsplash)
DeFi Protocol Platypus to Repay at Least 63% of User Funds After $9M Hack
The Avalanche-based protocol worked with crypto exchange Binance to identify the exploiter responsible for last week's attack.
The exploit of Platypus Finance is the latest example of crypto's rampant problem with hackers. (Meg Jerrard/Unsplash)

(Getty Images)
USP Stablecoin Loses Dollar Peg as DeFi Protocol Platypus Suffers $8.5M Attack
The flash loan attack caused Platypus Finance’s native stablecoin to fall to 48 cents from $1. The potential loss is $8.5 million, according to blockchain security firm CertiK...
(Getty Images)

Clearpool Prime is set be released in the first quarter of the year. (Clearpool)
DeFi Protocol Clearpool Chooses Polygon Network for Its Institutional Lending Platform
Clearpool also opened the onboarding and whitelisting process for institutional borrowers and lenders to its Prime platform.
Clearpool Prime is set be released in the first quarter of the year. (Clearpool)

Aave is the Finnish word for ghost. (MidJourney/CoinDesk)
Aave Deploys Native Stablecoin GHO on Ethereum Testnet
GHO joins an increasingly competitive space as rival DeFi protocols also issue or are moving to release their own protocol-native stablecoins.
Aave is the Finnish word for ghost. (MidJourney/CoinDesk)

(Nikhilesh De/CoinDesk)
Flux Finance Launches Lending Token Collateralized by U.S. Treasurys
Flux Finance invests in Ondo’s Short-Term U.S. Government Bond Fund (OUSG) a tokenized version of a Blackrock Treasury Bond ETF.
(Nikhilesh De/CoinDesk)

Spark Protocol would be a new liquidity market for lending and borrowing crypto assets focused on DAI. (Dawid Zawila/Unsplash)
MakerDAO Contributors Propose First Native Liquidity Market Focused on DAI Stablecoin
The proposed Spark Protocol will leverage MakerDAO’s DAI stablecoin and its crypto assets for liquidity, and would be based on lending protocol Aave’s upgraded smart contract...
Spark Protocol would be a new liquidity market for lending and borrowing crypto assets focused on DAI. (Dawid Zawila/Unsplash)

(Unsplash)
Decentralized Lending Protocol Clearpool to Start Institutional Borrowing Platform
Clearpool Prime will allow institutional borrowers to create permissioned borrowing pools with their own loan terms.
(Unsplash)

(Wikimedia Commons)
Decentralized Lending Protocol Centrifuge Accrues $6M Unpaid Debt
1754 Factory, the originator of the debt pool with the most distressed loans, said it is liquidating the assets off-chain and negotiating with borrowers for repayments.
(Wikimedia Commons)