DeFi protocol Term Structure completed a $4.25 million seed round of financing, led by Cumberland DRW, with participation from Decima Fund, HashKey Capital, Longling Capital, and MZ Web3 Fund. Its total financing amount has reached $8 million so far.

On November 30th, Kujira, the DeFi public chain in the Cosmos ecosystem, had an undefined page for Futures trading on its official website, suggesting that the Kujira Futures function may be launched soon.

According to official X account news, the daily trading volume of dYdX Chain has exceeded 30 million US dollars.

DeFi yield platform Coinchange raised $10 million in financing. Participants in this round of financing include G1.VC, Spirit Blockchain, Good News Ventures, K2.CA, Atoia Ventures, and Mintfox.

MetaMask has announced that its Gas API is now open to all developers through Infura. The Gas API is an advanced tool for web3 developers that enables them to effectively estimate and optimize the gas costs of their blockchain applications. This API is a multi-chain optimization tool that provides real-time gas pricing, improving transaction speed and cost-effectiveness. This public beta provides early access for developers to use a single API key to optimize blockchain transactions on multiple chains, improving cost and efficiency, and providing feedback to help the development team improve the product.

Lido DAO has approved the deployment of the Simple Distributed Validator Technology (DVT) module, which is a step towards quickly diversifying Lido node operators and promoting innovation within the Ethereum staking ecosystem. DVT is a system that operates similarly to a validator running a multi-signature setup, relying on multiple NOs rather than a single node operator. Each NO manages different nodes, which communicate and work together to fulfill the responsibilities of the validator.

Decentralized exchange Vertex announced on X platform that its total trading volume has exceeded 20 billion US dollars since the launch on the Arbitrum mainnet.

On November 26th, Sun Yuchen, founder of TRON and member of the Huobi HTX Global Advisory Committee, sent out a tweet to solicit ideas from industry professionals on the major developments that should be prioritized in the TRON ecosystem.Sun Yuchen stated, "Personally, I believe the focus should be on decentralized stablecoins and DeFi based on RWA returns."

On November 25th, Kyber Network posted on social media that on November 22nd, hackers attacked the KyberSwap Elastic smart contract through a series of complex operations, extracting user funds to the attacker's wallet, and approximately 54.7 million US dollars of user funds were stolen. In response, Kyber has suspended deposits, launched an investigation, contacted relevant parties, and negotiated with the attacker to help users recover funds as much as possible, including offering a 10% reward to the hacker. This hack is one of the most complex attacks in DeFi history, as the attacker needed to perform a series of precise on-chain operations to exploit the vulnerability.

BanklessDAO has requested a grant of 1.82 million ARB from Arbitrum to carry out a 12-month long campaign. These funds will help the organization guide users from awareness to expertise, further promoting adoption. The campaign will focus on three core audiences: developers, DeFi enthusiasts, and gamers.