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Providing credibly neutral coverage of all things DeFi by https://defillama.com.
Introducing the DefiLlama Market Maker Performance Index Leaderboard, built with Forgd.
40+ institutional liquidity providers graded by:
→ Depth
→ Volume
→ Spread
→ KPI adherence
→ Uptime & exchange coverage
Traders and token issuers can access transparent data in the most comprehensive dashboard of its kind.
Find the new Market Maker Leaderboard here.
🦙 Llama News Round-Up | 24 July - 31 July
News 📰
→ BitMart is shutting down
→ UAE’s Emirates airline partners with Cryptocom to accept crypto payments for flights
→ EU adds HTX to Russia sanctions list
→ Russia charges Telegram founder Pavel Durov with facilitating terrorism, issues international arrest warrant
→ New York sues Kalshi, claiming the prediction market runs an illegal gambling operation
→ Circle secures NYDFS trust charter
→ Strategy reports Q2 $8.2B loss
→ Binance US will apply for CFTC license to operate prediction market
Layer 1 & 2 ⛓️
→ IP blockchain Lamina1 is shutting down
→ LayerZero is ending support for low-activity chains
→ Polkadot launches Products Devnet
→ Aave ends deployments on Sonic, Aptos, and more, while deprecating 50 low-adoption asset reserves
→ BlackRock’s BUIDL launches on Tempo via Securitize
→ Zcash activates Ironwood upgrade
→ Base launches Verify Onchain sybil resistance feature
DeFi 🏦
→ Dango shuts down
→ Lido expects fewer, larger validators with Curated Model v2 upgrade
→ Phantom ends support for Monad
→ Uniswap announces launchpad aggregator on Robinhood
→ Ondo launches Ondo Network execution layer
→ Jupiter Exchange launches Swap V2
→ Kyle Samani says Multicoin is working against Solana builders
→ SEAL911 cofounder and “Ethereum Cypherpunk Manifesto” author joins Ethereum Foundation board
Reads 📚
→ Vitalik Buterin: Obfuscation Pt.II
→ Arrakis: Who is actually buying RWAs?
→ a16z crypto: how organizations evolved through time and technology
→ Francesco Andreoli: The rise and quiet death of the Neobank
→ DefiLlama Research: A one-year comparison of perp DEX volume vs OI
Raises & Acquisitions 💰
→ World Network raises $52.5M
→ MoonPay acquired six companies in 78 days
Security 🛡
→ Stablecoin processor TripleA loses $9.7M in hot wallet exploit
→ Bankr’s X account compromised, gets hacked for 1.5 billion BNKR
→ Vitalik Buterin-backed Freedom Factory announces first quantum-proof hardware wallet
→ US Consumer Federation finds crypto scams cost Americans $80.7B in 2025
AI 🤖
→ Anthropic releases Opus 5
→ Tiger Research on AI agent payment data-powered lending
Llama Update 🦙
→ Report: “The Vault Economy: Scale and Composition” w/ Sentora
→ Introducing V2 of the RWA Dashboard
→ Catch our X Space with Binance’s Shunyet Jan on how crypto rails are rewiring global trading
→ What is DefiLlama’s MiCA Dashboard? An explainer thread
🗞 Subscribe to DefiLlama's newsletters here
1250+ RWAs, 600+ perps markets, thousands of DeFi protocols.
Introducing V2 of the DefiLlama RWA dashboard, the deepest resource on tokenized assets and how they’re used in DeFi.
What’s new:
Expanded Coverage: We’ve expanded coverage from 450 onchain RWAs to over 1,200.
RWA Perps: We’ve listed over 600 RWA perp markets, with over $4B in open interest and over $100B in monthly volume. We also added 23 Forex perp markets across 5 different exchanges.
Inflows/Outflows: Market cap changes now split into inflows vs. price appreciation. Is new money entering tokenized gold or is it growing due to price?
DeFi Active TVL: See exactly where each asset is deployed in DeFi, now visible by protocol and chain.
Extensive Historical Data: Our historical coverage of RWAs has been backfilled with years of data.
Intuitive categorizations: We added an “Asset Group” field for RWAs, which categorizes them in terms investors actually use.
RWA Yields: RWA asset pages now feature yields, both native asset yields and opportunities within DeFi.
Check out this thread to see what's new.
🦙 Llama News Round-Up | 17 July - 24 July
News 📰
→ Consensys accidentally hired a DPRK-linked consultant
→ Trezor executive fires back at hardware wallet “complete garbage” comment by ZachXBT
→ FTX’s 5th bankruptcy distribution will send $900M to creditors on July 31
→ Apple bans crypto ATM map locations
→ Tether faces two-year GENIUS compliance countdown
→ New Clarity Act bill draft released
→ BitMEX shuts down after 11 years
→ SEC’s Hester Peirce says onchain vaults and lending may be subject to US securities laws
Layer 1 & 2 ⛓️
→ Polygon’s Ithica hard fork to be deployed to mainnet on July 29
→ Aave proposes deploying V4 on Tempo
→ Ethereum ahead of all L1s in TVL and stablecoin supply, but tied with Solana in app fees and perp volume over the past 30 days
→ Uniswap DEX dominance on Robinhood continues
DeFi 🏦
→ Morpho’s fixed-rate, fixed-term protocol Morpho Midnight goes live
→ Pumpfun launches BOOST mode
→ Lighter’s $SPY collateral live on Robinhood Chain
→ Prediction market trader finds 'free money' glitch in World Cup bets
→ Robinhood CEO’s X account hacked, promotes memecoin
→ Odos is shutting down
→ Movement Labs files for Chapter 11
→ Cardano wallet SecondFi to shut down
→ Uniswap permissioned pools go live on V4
Reads 📚
→ GSR/Finery Markets: Stablecoins 2035
→ Officer’s Notes: Extreme crypto storage methods that actually work
→ Vitalik Buterin: “how I think about the growth of AI capabilities”
→ Malekanoms: The Machiavellian Case for Decentralized Networks
Raises & Acquisitions 💰
→ Augustus raises $180M Series B to build global dollar bank
→ Turtle acquires Lunar Strategy
→ Tenor holds Seed Round led by Variant
Security 🛡
→ Allbridge: Solana pool swap exploit post mortem
→ $3M drained from Perpetual Protocol through unguarded orderbook funding function
→ Three exploits in one day: AFX Trade ($24M), B2 Network ($3.8M), and Verus Coin ($7.5M)
→ CertiK: Wrench attacks grew ~12x in HI 2026
AI 🤖
→ Virtuals reports $150M in agent volume on Robinhood Chain
→ Franklin Templeton on agentic AI: The killer use case for blockchain and crypto
→ Jack Dorsey announces Buzz open-source AI workspace
Llama Update 🦙
→ New Research Report: How CEXs Are Reshaping Global Market Access
→ View revenue, token rights, unlocks, yields, risks, markets, and valuations all in one consolidated view with the Tokens Dashboard
→ RWA Dashboard now shows net flows and protocol/chain breakdowns for DeFi Active TVL
→ New Flow vs Price charts for RWAs
→ The first edition of the DefiLlama Research newsletter is here
→ DefiLlama has a podcast
🗞 Subscribe to DefiLlama's two newsletters, delivered to your inbox weekly
A stablecoin today can become a slice of pre-IPO company tomorrow, collateral the day after, and cash back in your own wallet by the weekend.
Our latest report details how Binance and other top CEXs built an inclusive, frictionless financial system for an onchain future.
🌐 Read it here.
LlamaSwap is now live on Robinhood Chain.
Aggregating aggregators to find you the best swap route, with zero extra fees.
https://swap.defillama.com/
The chaos era of token launches built an empire on enormous volume and fees. It cost a legion of traders.
Boardwalk is built to launch token economies using token-level fees routed to infra partners, auction models, immutable vesting, and more.
🌐 Find out how in this new report.
When you deposit into a vault, you're exposed to more than the vault itself: oracles, bridges, collateral, the sequencer, holders of vault roles.
Introducing risk scenario planning on DefiLlama.
* Maps every dependency that touches your deposit
* Models your max loss from each failure point
* Live now across 20 Morpho vaults
Here's what that looks like for a single vault:
https://defillama.com/yields/pool/e0672197-9f3e-4414-bca5-e6b4c90aa469/risk
Introducing the new tokens page on DefiLlama.
Track price and market cap, alongside unlocks, holders revenue, and token rights for over 3,000 tokens.
Click into any token to see markets where it's traded.
https://defillama.com/tokens
Token pages have been getting serious upgrades on DefiLlama recently. Now featuring the most comprehensive crypto token pages anywhere:
- High level metrics like Market Cap, FDV, and OI
- Risks across lending protocols
- Risk-management timeline
- Volume and fees across CEXs and DEXs
- Token usage in DeFi
- Liquidation levels
- Future unlocks
- DeFi yields
- Borrow rates
There are over 6,700 protocols listed on DefiLlama. For some, the standard metrics reporting is enough.
But for protocols where the standardized view undersells the business, there's the bespoke, llama-verified Investor Relations Dashboard.
🌐 Read this Spotlight to learn how protocols like Spark, NEAR, and Sonic are putting their best data forward.
An Investor Relations Dashboard Story:
How PayPal's PYUSD vault became Sparks #1 gross revenue line, and why DefiLlama is the only place you can see it
Spark rotated much of its allocation to PYUSD, now the protocol's largest revenue venue.
This is an offchain, CeFi-adjacent yield source flowing into a DeFi protocol's P&L, and it's only visible because of this income statement feature in Spark's IR Dashboard on DefiLlama.
Back in Dec 2025, PayPal launched the spPYUSD savings vault on Spark. Within the first 24hr, $200 million flowed in.
By Q1 2026, the "PayPal Yields" line in Spark's income statement grew to $13.69M, with the protocol retaining $2.18M (a 15.9% margin).
Explore Spark's IR Dashboard and see for yourself:
> Full P&L waterfall
> Net revenue by product
> SLL capital allocation
> Treasury health vs buyback threshold
> SPK buyback tracker
> OpEx projections
https://investors.defillama.com/spark
LlamaAI has access to TradFi data too.
Here, we used it to analyze datacenter supply chains and identify over 40 names ranging from optics to memory, along with their revenue growth.
DefiLlama Research is live.
Our llamas are already digging through the data to create new reports give you an edge in digital assets.
Check it out at https://defillama.com/research
DeFi alpha, delivered straight to your Telegram.
LlamaAI's full functionality is now available in our Telegram bot.
Step 1: Install @defillama_ai_bot
Step 2: Enter /start
Step 3: Select 'New Session'
Introducing the DefiLlama App. LlamaAI is now in your pocket.
Create custom financial charts, dashboards, and analysis from a single prompt.
App users get extra free queries. iOS + Android out now (beware of fake apps).
Capital that used to churn roughly twice a day is now turning over less than one and a half times. Trading has thinned out considerably, but the size is still there.
Perp DEX volume has fallen sharply over the past year, but open interest hasn't. Comparing two back-to-back six-month windows, average daily volume across perp DEXs fell from $32.4B to $21.4B, down to 66% of its prior level.
Open interest fell too, but far less, from $16.4B to $14.8B, or 90% of its prior average.
Dividing the two, turnover dropped from 1.98x to 1.45x.
In the fallout of the 10/10 crash, the scene was shaken up. Aster, Lighter, and edgeX all hit individual peaks just before, but have yet to once again experience those levels of activity.
Even Hyperliquid's dominance shrank along with its OI, from $14.6B on July 26, 2025 (89% OI market share), to a $4.77B bottom on Feb 7, 2026 (49% OI market share).
Of the six protocols that averaged more than $1B/day in the first half, none held onto that pace in the second:
→ ApeX Omni came closest at 80.9% of its prior volume,
→ Hyperliquid next at 79.2%,
→ then Variational (51.7%),
→ edgeX (50.7%),
→ Aster (49.6%),
→ and Lighter, the steepest drop, at 27.3%.
GRVT stands out: it averaged $796M/day in the first half, then grew to $1.32B/day (+166%).
On open interest, restricting to protocols still holding more than $100M in Period B, six exceed their own prior-period OI:
→ Extended (497.7% of prior),
→ GRVT (161.3%),
→ ApeX Omni (133.2%),
→ edgeX (116.4%),
→ Ostium (111.3%),
→ and Aster (105.7%).
GMTrade and StandX still show the same volume-outlier pattern: GMTrade went from a negligible $2.2M/day to $642.2M/day, and StandX grew from $112.5M/day to $608.3M/day.
Charting from DefiLlama's LlamaAI. 🦙
What is today's vault economy?
One that redefined DeFi's lending landscape, replacing broad money markets with a new capital allocation model: predefined risk rules set by curators.
🌐 Our latest report with Sentora explores 'vaultification'.
The first edition of our Research Notes newsletter is here.
Find all our recent work, data-driven notes & analysis, and trending news across DeFi.
This week: why Hyperliquid's RWA boom hasn't translated into revenue.
🗞 Subscribe to get it weekly.
🦙 Llama News Round-Up | 10 July - 17 July
News 📰
→ Ripple nearly shut down in 2020
→ Coinbase now allows registration from users in China
→ Telegram domain suspended by registry
→ No clemency for SBF
→ Ondo partners with Japan’s SBI Group
→ Visa launches platform for stablecoin minting and management
→ Wall Street transfer agents say tokenization should favor company-authorized tokenization
→ UK applies “no loss, no gain” to crypto lending and LPs
Layer 1 & 2 ⛓️
→ MoneyGram is now a Stellar validator
→ MegaETH’s Mega Mafia dissolves
→ Robinhood Chain launchpad Noxa loses access to domain, operations halted
→ Cobie takes over Base
→ Polygon Labs lays off staff in pivot from blockchain to payments
DeFi 🏦
→ Uniswap votes to activate fees across Robinhood
→ SummerFi to sunset
→ Pendle introduces PT looping
→ Crypto news outlet Decrypt lays off editorial staff
→ Leviathan archives entire DL News publication history
→ Sablier halts development, enters maintenance mode
→ LlamaLend v2 launches on Ethereum
→ Aero delays launch until September
→ MoonPay integrates FedNow payment service
Reads 📚
→ 1-min BTC price action presented as a battlefield
→ a16z crypto: TradFi doesn’t want DeFi. It wants blockchain.
→ Wintermute: Is there anything left to build in crypto?
→ Camila Russo: A crypto media crisis is upon us
→ DefiLlama Research: Crypto’s access tax
Raises & Acquisitions 💰
→ Hyperdash acquires Imperator
→ Cryptocom receives $400M investment from Citadel
→ Flex raises $70M for stablecoin-powered private banking
→ Velocity raises $38M Series A for stablecoin infrastructure
→ Alpaca raises $135M
Security 🛡
→ Bonzo Lend loses $9M from Hedera oracle exploit
→ “I infiltrated a crypto hacking gang; this is what I found”
→ Ostium vault exploited
→ Across exploited on Solana, no user funds lost
AI 🤖
→ Uniswap adds DCA, copy-trade automation, and more to AI toolkit
→ Circle’s Jeremy Allaire: The Agentic Economy
Llama Update 🦙
→ LlamaSwap is live on Robinhood Chain
→ You can now set alerts on the Tokens Page; pair with LlamaAI for context on price moves
→ New heat map visualization added to the Equities dashboard
→ Risk Data now covers over 250 Morpho vaults
→ The MiCA Dashboard now details on/offramp fees
→ Report: Boardwalk & Closing the Gap Between Token Launches and Token Economies
🗓 Join DefiLlama Research and Binance Head of Exchange and Trading Shunyet Jan for a fireside chat on July 22nd @ 8 AM ET.
🌐 Sign up for the DefiLlama Newsletter
🦙 Llama News Round-Up | 3 July - 10 July
News 📰
→ ESMA: prediction markets likely under retail ban
→ Visa becomes Super Validator on Canton
→ Paul Grewal leaves Coinbase
→ Circle receives final US approval to launch national trust bank
→ OKX, Metamask, and 25 others form Internet Court for AI agent dispute resolution
→ Visa: June saw record-high $1.79T stablecoin volume, +63% M-o-M
→ Swift’s blockchain ledger pilot goes live
→ Hyperliquid and Phantom want US derivative markets to run onchain in letter to CFTC
Layer 1 & 2 ⛓️
→ Vitalik provides takeaway on “lean Ethereum”
→ BNB Chain planning a new L1
→ 10% of Robinhood Chain fees will go to Arbitrum
→ Bitcoin’s BIP-110 soft fork could split network if proposal passes
→ Mantle migrates $2.5B to Chainlink CCIP as LayerZero exodus continues
→ Robinhood Chain hits $800M in cumulative DEX volume
→ Base introduces B20 native token standard
DeFi 🏦
→ ENS co-founder submits proposal to reform ENS governance
→ Yield Guild Games publishing arm shuts down
→ Zcash founder says protocol Project Tachyon close to mathematically proving no counterfeit bugs in unshielded pools
→ AscendEX to cease operations
→ World pivots from Solana to Robinhood chain
→ Zapper shuts down
→ Aave launches fixed-rate Stable Vaults
→ Leviathan Atlas, the “living map of crypto”, goes live
Reads 📚
→ Ethereum Research: “The Extremely Lean Chain”
→ Castle Labs: The Rebirth of Onchain Options
→ Patrick McHenry op-ed: Tokenized securities need competition, not gatekeepers
→ BIS: Blockchain consensus mechanisms and fragmentation
→ DefiLlama Research: What could a ‘bad day’ versus ‘the worst day’ cost DeFi?
Raises & Acquisitions 💰
→ N1 Chain acquires 01 Exchange
→ Gauntlet closes $125M Series C
→ EDX Exchange raises $76M in Series C
Security 🛡
→ SummerFi exploited for 6M DAI
→ BonkDAO treasury drained for $20M worth of BONK tokens
→ Hexens finds Aptos Move VM had $70B at risk before patch
→ Trader loses 99% of $2M ETH/LIT swap
Llama Update 🦙
→ New Research report, “Boardwalk: Closing the Gap Between Token Launches and Token Economies”
→ The new Tokens page tracks price changes, unlocks, token rights, valuable accrual data, and more for +3K tokens
→ TradFi ala DefiLlama: Equities dashboard now tracks over 3,000 stocks
→ LlamaAI remembers: Save your workflows as skills to perform specific workflows faster and more consistently
→ The latest “Fully Vested” podcast is live, ft. Frax’s Sam Kazemian
→ Remember the trader who lost 99% on the ETH/LIT swap? Not possible with LlamaSwap
🌐 Sign up for the weekly DefiLlama Newsletter.
🦙 Llama News Round-Up | 26 June - 3 July
News 📰
→ Strategy is now selling up to $1.25B BTC to pay its preferred dividends
→ Class action lawsuit taken against Magic Eden for misleading investors
→ UK details new crypto regulatory framework
→ Stream Finance begins collecting creditor claims
→ X Money goes live for US premium subscribers
→ Bank for International Settlements argues stablecoins are not money in Annual Economic Report
→ BitMEX CEO & CFO resign
→ Crypto ETFs see largest monthly outflows ever
Layer 1 & 2 ⛓️
→ Robinhood launches Arbitrum-based L2
→ Loopring shuts down
→ Hyper Foundation grants builders ~$10M to migrate USDH to USDC
→ Onchain governance goes live on Solana
→ Aave launches on Monad
DeFi 🏦
→ Open Standard announces OUSD
→ Drift rebrands to Velocity
→ dYdX rebrands to Arcus
→ Ripple proposes XRPL lending protocol, subject to validator approval
→ MegaETH support goes live on Uniswap apps
→ Yearn releases risk dependency tooling
→ Convex DAO votes to activate onchain voting
→ Ethereum Foundation pitches Ethereum’s neutral infrastructure to governments
Reads 📚
→ Vitalik Buterin: Obfuscation - building the final boss of cryptography (pt.1)
→ Has Ethereum outgrown the Ethereum Foundation?
→ CBDCs as we know them are dead
→ What are agents paying for?
Raises & Acquisitions 💰
→ Extended receives $12.5M strategic investment from eToro
→ SBI Holdings to acquire Bitbank in $289M deal
→ o1 exchange raises $4.9M in CB Ventures-led round
Security 🛡
→ Etherlink pauses EVM bridge after security breach attempt
→ Gnosis Pay exploit post mortem
AI 🤖
→ DefiLlama Research + Firepan: AI is changing the economics of security
→ OKX launches AI marketplace
→ Pumpfun removes tokenized agents from new launches
Llama Update 🦙
→ Introducing the new Tokens page
→ Looking for a new MiCA-compliant CEX? Compare them here
→ Now tracking token rights for over 100 protocols and L2s
→ Explore risk scenarios across supported Morpho vaults
→ We’re hiring! Apply to become an analyst
Today, millions of European crypto users lose access many exchanges.
We built a dashboard to help you find a new home and compare MiCA compliant exchanges by:
> Spot and perp markets
> Onboarding bonuses
> KYC
> Liquidity depth
> Fees
https://defillama.com/mica
🦙 Llama News Round-Up | 19 June - 26 June
News 📰
→ Polymarket paid creators to film fake trades
→ Securitize files suit against tZero regarding patent claims
→ Former NY governor Andrew Cuomo to co-chair OKX + ICE Markets venture
→ Ethereum Foundation announces restructuring, cuts 20% of workforce
→ Indonesian regulators will require crypto influencers and KOLs to hold a competency certificate
→ Aave founder Stani Kulechov dismisses AAVE sale to Payward/Kraken
→ Binance withdraws MiCA application
Layer 1 & 2 ⛓️
→ Andre Cronje, Michael Kong, David Richardson step down from Sonic Labs board
→ New Ethereum-focused non-profit R&D lab Ethlabs announced
→ Aztec becomes Stage 2 rollup
→ Base Mainnet halted due to block production problems
→ Ethereum researchers propose validator reward redirects
→ Thorchain resumes trading
DeFi 🏦
→ Infamous sandwich bot Jaredfromsubway loses millions to exploit
→ Altura vault winds down following Accountable transparency & reporting issues
→ ENS DAO proposes transferring control of treasury, capital strategy, and more, to Foundation
→ MIM depegs
→ Memecore token crashes
→ Story rebrands to DATA
→ Spark announces Stablecoin FX Layer built on Uniswap V4
→ apxUSD depegs
→ Goldfinch winding down
→ Lido ends canonical wstETH bridging for nine networks
→ Binance now supports regulated tokenized equities -> DeFi-composable assets via Binance Stocks & bStocks
Reads 📚
→ How Jaredfromsubway was drained; an infographic
→ CoinGecko: How deep into the bear market are we?
→ Bitcoin has been declared dead 475 times
→ Book of Ethereum: What happens if Ethereum becomes the settlement layer of the world?
→ Galaxy Research: Are Coinbase’s tokenized stocks relying on offshore wrappers?
→ Crypto hiring down 80% Y-o-Y
Raises & Acquisitions 💰
→ FOMO raises $75M in Series B
→ Franklin Templeton acquires 250 Digital
→ MoonPay acquires AI accounting platform Entendre
→ TurboFlow raises $6M in Pantera Capital-led seed round
→ Allium raises $40M in Series B
→ A dozen more raises this week
Security 🛡
→ Taiko chain state verification compromised
→ Potentially malicious proposal appears on TornadoCash DAO
→ Cardano wallet provider hacked
→ DeFi Education Foundation launches Open Protocol Security Coalition
→ Blockaid identifies attack within YieldYak frontend
AI 🤖
→ AI is making crypto security faster, cheaper
→ AI-powered smart contract auditor FirePan finds auth-bypass bugs in Via Labs crosschain gateway
→ DefiLlama's LlamaAI used to compare Wendys vs Gamestop tradfi stock performance
Llama Update 🦙
→ Introducing the new Equities dashboard
→ Partnered with Odyssey to create an enterprise dashboard showcasing ecosystem of apps
→ Investor Relations Dashboards: bespoke, DefiLlama-vetted data
→ Report: Variational and the Shift to Onchain Brokerage
→ Token pages received major upgrades
→ LlamaPay: Payroll for the onchain economy
→ Ep.2 of DefiLlama’s Fully Vested podcast is live
→ Follow the DefiLlama Research X and TG channels for data-driven research, market insights, and onchain analysis
Introducing Equities on DefiLlama.
We now track price, market cap, volume, earnings, and other financials for over 3,000 tickers. TradFi metrics are framed and presented in a way that will be familiar to crypto investors.
Built by crypto-natives for crypto-natives.
https://defillama.com/equities
🦙 Llama News Round Up | 5 June - 12 June
News 📰
→ JPMorgan, Bank of America, and other US banks are launching a tokenized deposit system
→ Morpho, Galaxy, a16z seek clear US rules for vaults with launch of Vault Coalition
→ US House focusing on crypto tax reform
→ Strategy to begin semi-monthly STRC dividends this month
→ Kraken partners with Fifa World Cup as official crypto exchange
→ CFTC introduces rules to overhaul prediction markets
→ Nakamoto sells 600 BTC to reduce $45M outstanding debt
→ SBF’s bid for a new trial gets rejected
Layer 1 & 2 ⛓️
→ Rari Chain to cease operations
→ Kraken enables USDCx support for Canton Network
→ Binance bStocks go live on BNB
DeFi 🏦
→ Zcash contributor Shielded Labs pitches second Orchard Pool
→ Ondo launches tokenized equity perps
→ Circle introduces cirBTC wrapped Bitcoin on Ethereum
→ Botanix shuts down
→ Curve launches LlamaLend v2 on Optimism
→ Variational's new IPO markets go live on Arbitrum
→ Ethena-backed SteakhouseFi USDe Morpho vault launches on Coinbase
Reads 📚
→ How Starknet is reimagining privacy with STRK20
→ Arrakis: An honest assessment of where crypto price discovery happens
→ Delphi Digital: The State of Token Markets
→ Tiger Research: CEX to Everything Store, Abandoned Altcoins
→ CurveCap: First thoughts on Mythos x Web3
Raises & Acquisitions 💰
→ Morpho raises $175M
→ Edge Markets raise $29M Series A
→ MegaETH-based MNX raises $6.4M
→ Canton developer Digital Asset raises $355M
→ Helius acquires Light Protocol
Security 🛡
→ Firepan: The bug hiding in Curve’s code that only AI could find
→ Yuga Labs saves BAYC, Cryptopunks NFTs from exploit
→ Humanity Protocol exploited
AI 🤖
→ Mastercard launched payment system for AI agents
→ Anthropic’s Claude Fable 5 and Mythos 5 is live
→ Coinbase launches “Coinbase for Agents”
→ OpenAI looks to cut prices for tokens
Llama Update 🦙
→ The llamas have a newsletter
→ Introducing Author Profiles for Custom Dashboard
→ Seeking analysts and researchers that use DefiLlama
→ What do TradFi earnings, prediction markets, people search, and onchain analytics have in common? LlamaAI has access to all of them.
→ DefiLlama has Investor Relations Dashboards; here’s an example of what you can’t find anywhere else
We're bringing back the DefiLlama's weekly news round up. Here it is, a recap of the past week in digital assets:
🦙 Llama News Round Up | 29 May - 5 June
News 📰
→ Paxos becomes first blockchain-native company registered by SEC to clear and settle US securities
→ Former Celsius CEO Alex Mashinsky files to vacate 12-year sentence
→ Binance brings US stock and ETF trading to users
→ UK House wants the BoE to drop retail stablecoin cap
→ Visa, Mastercard, and Stripe launch consortium for new payments platform
Layer 1 & 2 ⛓️
→ Base pushes Azul upgrade
→ Cardano cancels 2026 Summit
→ Telegram communities votes to rename native TON token to GRAM
DeFi 🏦
→ Aave proposed a standardized asset listing framework
→ Zcash releases emergency upgrade to fix vulnerabilities
→ Vitalik proposes index-tracking assets using options
→ Radiant Capital to wind down
→ Backpack launches securities trading platform
→ YO releases Risk Graph tool for modeling yield dependencies
→ Pumpfun introduces GO: “pay anyone to do anything”
→ Ethena partners with Coinbase
Reads 📚
→ Stacy Murr: Crypto cards in 2026
→ Olivia Woude: Tokenized equities need NBBO
→ Stablewatch: The asymmetric cost of money
→ Octra Bridge: the rail between public liquidity and encrypted state
Raises & Acquisitions 💰
→ Keyrock acquires bankrupt Blockfills
→ OKX Ventures takes a $53M stake in Coinone exchange
→ Impossible acquires Rarible
→ Kraken acquires WonderFi as part of Canadian market entrance
→ Noble Mobile acquires Helium Mobile
→ $2.5B raised in May, matching previous 2026 highs
Security 🛡
→ Hackers target Solana, Sui, and Aptos wallets with “TrapDoor” attack
→ Aave’s rsETH postmortem
→ StakeDAO post mortem
→ Counterfeiting vulnerability found in Zcash Orchard pool
→ Total value lost to hacks & exploits down 90% from April to May
AI 🤖
→ Meta is building an AI “pendant”
→ OpenAI expands Codex capabilities
→ Binance, OKX, and Bybit appear in 100% of AI outputs when asked what exchange to use
→ Last week, LlamaAI said $BTC was going lower; it was right.
Llama Update 🦙
→ 484 markets now available on DefiLlama’s RWA Perps dashboard
→ DefiLlama Research interviews Variational CEO Lucas Schuermann
→ Join us on June 9th for our State of RWAfi X Space
→ DefiLlama now tracks token rights for over 80 protocols
→ 30 examples to turn LlamaAI into your personal crypto analyst
Introducing "Fact-checked" mode on LlamaAI.
Select this option to run answers through a second model to verify their accuracy.
Projects are now in LlamaAI.
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Introducing a new, comprehensive dashboard for NEAR Protocol, including network usage and an overview of NEAR fundamentals.
This dashboard explores NEAR’s economic flywheel: network volume, supply management approaches, and ecosystem growth over time.
https://investors.defillama.com/near