Since the KelpDAO incident on April 18, 2026, Aave founder Stani Kulechov has consistently made it clear that the protocol was not …
DeFi
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DeFi
USDe Supply Plummets $800 Million in 72 Hours, Sparking Critical DeFi Liquidity Fears
by shayaanby shayaanThe supply of Ethena’s synthetic dollar stablecoin, $USDe, has experienced a dramatic $800 million contraction within just three days, according to on-chain …
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Strategy (formerly MicroStrategy) already pays 11.5% annualized dividends on its ultra-risky Stretch (STRC) but DeFi users are now adding risks and leverage …
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Smart Contracts
Aave Leads ‘DeFi United’ Push to Contain $292M KelpDAO Fallout
by shayaanby shayaanIn short Aave and a coalition of DeFi protocols are conducting a coordinated recovery effort, dubbed “DeFi United,” to absorb the bad …
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DeFi TVL and DEX volumes are rising on Solana, Arbitrum, Optimism, Polygon, and $BNB as $NFT gaming races toward a $60.82B market …
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Di Bartolomeo argues that last weekend the market achieved – in real time – a notable feat that no regulator, auditor or …
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Welcome to our institutional newsletter, Crypto Long & Short. This week: Jennifer Rosenthal on the need to protect the people actually building …
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Markets
Aave rallies DeFi partners to contain fallout from $292 million KelpDAO hack
by shayaanby shayaanIndustry players are coordinating a recovery effort as the year’s biggest crypto theft rattled Aave, with Lido and EtherFi being firsts to …
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$SPK, the native governance asset of the Spark protocol, is up 1.21% during Tuesday’s U.S. market hours to currently trade at $0.027. …
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For all its talk of decentralized, autonomous, permissionless finance, the DeFi sector’s response to Saturday’s $290 million Kelp DAO hack tells a …