On October 20th, DeFi lending protocol Sentiment announced the launch of Sentiment V2, a leverage lending protocol specifically designed for complex on-chain investment portfolio positions, such as LP tokens from another DeFi protocol. Sentiment V2's core features include adaptive risk management (pools can be managed by third parties), the ability to quickly and easily create new pools with different collateral types, and isolated pools.

DeFi activity on the Sui network has seen amazing growth in the past three months, with a 341% increase in total locked value (TVL) and a 229% increase in trading volume. From July 17th to October 17th of this year, TVL increased from $13.08 million to $57.69 million, a 341% increase. The growth in DeFi activity was even stronger, with daily activity in DeFi reaching $1.77 million and $5.84 million on July 16th and October 16th respectively. These numbers indicate a 229% increase in trading volume.

According to the official governance forum, a new Aave community proposal suggests adding stEUR as a pure collateral asset on the Aave V3 Ethereum pool. stEUR represents pledged agEUR, which is a decentralized stablecoin pegged to the euro minted by the Angle Protocol.

On October 19th, Alliance DAO announced the latest batch of selected startups for its All11 Demo Day. There were a total of 1,083 applications, and only 6 teams were accepted and will be graduating from the program. In addition, two startups from All10 also participated in the showcase, covering fields such as DeFi and NFT. The All11 mentors include founders and CEOs from well-known companies such as Synthetix, Blockworks, Solana, and others.

According to PolkaWorld, Parity research analyst Joe Petrowski stated in the Polkadot governance forum that Agile Coretime (Polkadot 2.0) is expected to launch on the Rococo testnet at the end of this year, launch on the Kusama parachain in the first quarter of next year, and launch on the Polkadot mainnet in the second quarter. This means that the project will soon be able to directly access Polkadot's relay chain services without the need to rent parallel chain slots for a long time.

October 19th, cryptocurrency custody company Komainu is joining Copper's ClearLoop network. Komainu is a cryptocurrency custody joint venture of Nomura Securities, Ledger, and CoinShares. The company stated that this partnership will allow Komainu's institutional clients to trade through ClearLoop. Clients will be able to benefit from Komainu's regulated on-chain custody while also obtaining off-exchange settlement through the ClearLoop network.

According to official sources, the new proposal "Add swETH as collateral for minting peUSD" has been submitted to Lybra DAO. The proposal is now open for Snapshot voting and will continue until October 26th.

On October 19th, Shell Protocol, a DeFi platform, plans to launch version 3, which will package Uniswap, OpenSea, Aave, and other DeFi protocols into a modular Shell protocol. This can be divided into 5 specific phases: Phase 0: SHELL token generation event (TGE) will take place in December 2023; Phase 1: Modify the core protocol Ocean to support adapter infrastructure, which will be carried out simultaneously with TGE in December;

According to data tracked by Lookonchain, 12 hours ago, cygninae.eth spent $1.28 million (385 stETH & 434 ETH) at a price of $0.15 to buy 8.5 million RLB. cygninae.eth made $3.2 million on PEPE, $173,000 on RLB, but lost 233.47 ETH ($373,000) on UNIBOT and 67 ETH ($107,000) on FUMO. In the past 6 months, 13 tokens have been traded with a success rate of 38%.

On October 19th, Mango Markets, a decentralized exchange based on Solana, announced a community proposal for the launch of tBTC, a wrapped Bitcoin asset, on the Threshold Network. The proposal has passed the required threshold of legal approvals and tBTC will soon be available for trading.