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Latest DeFi market insights | @unfolded

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unfolded. DeFi

Magic Eden strengthens support for Polygon with new features — link

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unfolded. DeFi

Avail, data availability solution to rival Celestia, unveils 'incentivized testnet' — link

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unfolded. DeFi

Solana saw a 32% increase in total value locked (TVL) in October with positive price action and increased onchain activity — link

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unfolded. DeFi

Evmos plans to deprecate Cosmos transactions, signals Ethereum alignment — link

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unfolded. DeFi

Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion — link

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unfolded. DeFi

Smart contract governance platform Llama raises $6 million in seed funding — link

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unfolded. DeFi

Arbitrum DAO approves proposal to activate token staking — link

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unfolded. DeFi

OpenSea slashes NFT marketplace staff by 50% — link

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Voyager token surges after nearly one-third of supply is burned — link

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unfolded. DeFi

Ongoing vote on Arbitrum token staking is leaning toward majority approval from DAO — link

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unfolded. DeFi

Aragon Association to dissolve itself, provide liquidity for ANT redemption — link

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unfolded. DeFi

In Q3, Top five DeFi protocols on BNB Chain fell in TVL throughout the quarter, the daily average TVL became more distributed as the average TVL on PancakeSwap (the largest DeFi protocol on BSC by TVL) dropped by 28%. Though Biswap’s average TVL halved QoQ, it accounted for less than 2.5% of the total DeFi TVL on BSC — link

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unfolded. DeFi

Nym ventures into decentralized VPN realm, broadening privacy mixnet protocol — link

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unfolded. DeFi

https://twitter.com/0xRamenUmai/status/1720008531460669673

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unfolded. DeFi

Modulus raises $6.3 million to bring crypto security to AI — link

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unfolded. DeFi

Altcoins market share against BTC hits highest since the July rally.

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unfolded. DeFi

Nil Foundation introduces Ethereum ZK-Rollup with sharding support — link

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unfolded. DeFi

Kraken follows Coinbase’s lead with plans to launch Layer 2 network: report — link

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unfolded. DeFi

Payment startup Due raises $3.3 million in seed to develop blockchain-based platform — link

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unfolded. DeFi

During Q3, Polygon PoS recorded 364,000 daily active addresses (+1.4% QoQ) and 2.3 million daily successful transactions (-2% QoQ).

DeFi led Polygon PoS in active address, capturing 57%, while gaming was responsible for 51% of transactions — link

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unfolded. DeFi

Conflux multichain protocol shuts down after two years — link

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unfolded. DeFi

L2 platform "Manta Network" is leading the way with the highest TVL growth, soaring 6x compared to the previous month — link

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unfolded. DeFi

Lido Finances approves proposal to enable Obol decentralized staking module — link

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unfolded. DeFi

20k traders get sandwiched per week on Ethereum (peaked @ 50k during April/May's memecoin craze) — link

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Decentralized derivatives exchange Derivio launches mainnet on zkSync Era — link

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unfolded. DeFi

A16z-backed crypto index platform moves on-chain with v2 launch — link

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unfolded. DeFi

SHIB devs launch name service in decentralized identity push — link

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unfolded. DeFi

WOOFi Pro is now live on Arbitrum — link

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unfolded. DeFi

SEC charges crypto company SafeMoon and its executive team for fraud and unregistered offering of crypto securities — link

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unfolded. DeFi

In Q3, Average daily new addresses on Fantom increased 106% and average daily active addresses increased 3% — link

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