Remote DeFi platform provider, Curvance, has secured $3.6 million in Seed funding from investors including Offchain Labs, Wormhole, Sandeep Nailwal, and core contributors from various DeFi projects. The funds will be used to expand operations, hire talent, and support security audits. Curvance, co-founded by Chris Carapola and Michael Butcher, offers a "everything app" for lending and borrowing, currently supporting Ethereum and Layer 2s such as Arbitrum, Optimism, Scroll, Base, and Polygon zkEVM.

Comparing the Architecture of MakerDAO, Yield, Compound, Aave and Euler

Synthetix Perps' open interest has surpassed the $200 million mark, with a significant portion, nearly $120 million, coming from non-ETH and non-BTC markets. This peak reflects the highest recorded onchain open interest for altcoins, indicating a diversification beyond major cryptocurrencies into Synthetix's extensive 80+ market offerings, including crypto, forex, and commodities. This data point is a testament to the protocol's ability to cater to a broad spectrum of traders and markets.

Brahma initially started as a DeFi structured products protocol, packaged in the form of vaults. While the vaults are still live and generating consistent yield for the depositors, the Brahma team decided to utilize the learnings from running a set of sophisticated DeFi strategies with custom monitoring and execution automated infrastructure to build Console – a product for broader DeFi.

On December 9th, Linea announced the launch of Voyage: DeFi Wave 7: Trading on the X platform. The theme of this event is complex DeFi trading products, and it will last for 9 days until December 16th.<br>It is reported that the Linea Voyage: DeFi event will last for 6 weeks, with a total of 10 events and 10 core tasks. Users will be able to choose from over 80 DApps for interaction, covering aspects such as wallets, bridging, swap, lending, liquidity supply, yield farming, and more.

Explanation of “front running” risks in crypto and how to avoid them

Stablecoin issuer Lybra Finance announced it will grant 9,900 LBR tokens to DeFi lending platform MYSO. This grant will be used to create lending markets for eUSD, peUSD, and LBR on the Ethereum network, as well as to launch multiple credit markets by providing initial and smaller-scale seed funding.

On December 5th, DeFi platform Curvance announced the completion of a $3.6 million seed round financing, with participation from Offchain Labs, the developer of Arbitrum, Wormhole, and angel investors including Sandeep Nailwal, co-founder of Polygon. Curvance plans to use this funding to expand operations, support security audits, and recruit top talent in the DeFi market.<br>Curvance is a comprehensive service for the full-chain currency market, offering services for yield, LSDfi, tokenized treasury bills, and original assets.

According to DefiLlama data, the total value locked (TVL) in DeFi has reached 50 billion US dollars for the first time in six months, increasing by 15 billion US dollars since October 13th. The latest data shows that DeFi TVL is 49.432 billion US dollars.

Jelly Labs AG and Fintonomy LTD have raised $2 million in funding from private investors for Jellyverse, a decentralized finance platform built on DeFiMetaChain. The platform combines real-world price feeds with advanced DeFi applications, offering decentralized portfolios, bonds, lending, and staking alternatives. Jellyverse will be governed by a decentralized autonomous organization (DAO) using the JLY token for voting and revenue sharing. The JLY token allows users to vote for strategic decisions and stakers will receive a portion of transaction fees earned across all protocols. For more information, visit Jellyverse's website, Twitter, Reddit, or YouTube.