Uniswap Labs, the team behind the popular decentralized finance (DeFi) platform Uniswap, has announced plans for the next version of their exchange, Uniswap v4. This time, the team is inviting community feedback before the public launch to emphasize their commitment to decentralization, which sets them apart from centralized exchanges like Coinbase and Binance. Uniswap v3, the current version, is the largest decentralized exchange by trading volume, having processed over $1 trillion in transactions since its launch.

Decentralized finance (DeFi) projects have suffered losses of approximately $2 million in three separate incidents over the past few days. These incidents highlight the various threats faced by DeFi users, including governance attacks, third-party vulnerabilities, and hacking attempts.

OpenLeverage, a DeFi protocol supported by Binance Labs, has announced a three-phase strategy to improve capital efficiency in the decentralized finance space.

Solana's Firedancer validator client has delivered good results in initial performance tests, achieving 1 million transactions per second (TPS) and reducing latency times significantly. This could make the network more attractive to decentralized finance (DeFi) applications and high-frequency traders. While most networks opt for a modular approach to scalability, Solana has taken a monolithic approach at layer-1.

Following the recent lawsuits against two major cryptocurrency exchanges by the US Securities and Exchange Commission (SEC), many crypto users are turning to decentralized finance (DeFi). Decentralized exchanges (DEX) have seen a surge in volume, with Uniswap experiencing a 41% increase in daily transactions and PancakeSwap also seeing double-digit gains.

SushiSwap and ThunderCore have joined forces to drive innovation in the gaming sector of the Web3 world. The partnership aims to offer enhanced Annual Percentage Rates (APRs) to liquidity providers (LPs) and introduce a range of products to bolster the ecosystem.

The emergence of Crypto Lending 2.0, pioneered by protocols like MakerDAO, Maple Finance, and Alkemi Network, is revolutionizing the financial industry's lending practices. This innovative system combines blockchain technology, off-chain information, and compliant lending products to offer lenders unprecedented advantages such as transparency, global access to liquidity, enhanced settlement mechanisms, and advanced risk assessment techniques. Compared to traditional lending, DeFi lending platforms offer greater accessibility, transparency, speed, efficiency, lower costs, innovation, and flexibility. Decentralized finance (DeFi) lending platforms offer affordable credit to borrowers through over-collateralized loans, while under-collateralization utilizes advanced risk assessment techniques and alternative data sources to offer loans that require less collateral, broadening access to credit for borrowers who lack substantial collateral. Flash Loans are a novel lending mechanism within DeFi that provide borrowers with immediate access to funds without collateralizing assets upfront, offering benefits such as instant liquidity, efficient capital utilization, risk mitigation, and lower costs compared to traditional lending.

The team also confirmed that the multisig address on the Binance Chain, which will hold the returned assets, is under the control of the DEUS team.

Decentralized finance (DeFi) protocol Curve Finance has launched its native algorithmic U.S. dollar-pegged stablecoin, dubbed “crvUSD” on the Ethereum mainnet — minting more than $22 million worth of the crvUSD so far.

Decentralized finance (DeFi) protocol Curve Finance deployed its highly anticipated native stablecoin called crvUSD on the Ethereum mainnet Wednesday afternoon.