Tag: DeFi

Exploring the Growth and Potential of Structured DeFi Products

Globally, asset management is a huge industry, with a large percentage of assets in each nation being held in ETFs, index funds and other passive vehicles. In Europe, €28.4 trillion of assets are managed by the industry, of which 20% are held in passive strategies, about half in exchange traded products and half in index funds. All told, passively-held assets under management have doubled since 2015, with around one fifth of European retail investors holding such products. Analysts predict that by 2027 ETFs will account for 24% of total assets…

Access to DeFi Opportunities Is Under Threat From Within. Automation Can Help

In the end, there might still be only a handful of actors directly interfacing with DeFi primitives. However, when these actors are vaults rather than private entities, the landscape transforms. Instead of private market makers monopolizing LP profits on decentralized exchanges, vaults can assume the same role while distributing those profits to a broad base of depositors in the vault. Source

Hacker exploits defi protocol TheStandard.io for $264k

TheStandard.io suffers a $264,000 theft via a PAXG liquidity pool exploit on Arbitrum. Defi stablecoin protocol TheStandard.io has been hacked for $264,000, according to reports from blockchain security analysts CertiK. The hacker allegedly conducted a low liquidity exploit of PAXG on Arbitrum.  A low liquidity exploit is a type of attack where a threat actor takes advantage of pools with low liquidity to manipulate asset prices for financial gain. In this case, the hacker exploited the PAXG liquidity pools to steal 8,500 USDC and 280,000 Euro. Following the attack, nearly…

PancakeSwap surges 92% as defi tokens record outsized price increases

PancakeSwap’s CAKE stands out with a 92% gain on the weekly timeframe, fueled by the introduction of a new feature on its platform.  PancakeSwap rallies Decentralized exchange PancakeSwap’s native token, CAKE, is causing a stir in the cryptocurrency world. In seven days, CAKE’s price has soared by a remarkable 92%, now trading at $2.38. This surge comes after the latest innovation on its platform. PancakeSwap recently unveiled its Position Manager tool, a feature that’s turning heads in the defi space. This tool allows users to effortlessly deposit their funds into…

Solana Blockchain Nodes Now Available to DeFi and Dapp Developers on AWS Repository

The AWS Blockchain Node Runners has so far integrated Ethereum (ETH) and Solana (SOL), thus making it a major step for the latter to become a Web 3.0 hub that supports scalable smart contracts. Solana (SOL), a leading smart contract blockchain with a smartphone in the market dubbed Saga mobile, has announced that infrastructure nodes are now available on the Amazon Web Services (AWS) Blockchain Node Runners repository for easy access by Web 3.0 developers. The Solana team announced the major developments during the Breakpoint 2023 in Amsterdam, Netherlands. The…

Fragmentation in DeFi: DeFi’s liquidity challenge

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DeFi enthusiasts know all too well the benefits that decentralization can bring to finance: trustless operations, innovation and greater control for users.  Yet, as with any transformational shift, growing pains are inevitable. Among these, fragmentation, particularly in terms of liquidity, casts a shadow over the DeFi horizon.  At its core, fragmented liquidity — where available liquidity is spread across multiple trading venues—is the reason why decentralized protocols have failed to capture the majority of volume from centralized exchanges within the space. It is hindering DeFi’s ability to onboard the next…

Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined

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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi was filled with bullish resurgences for many projects, but it was the Uniswap founder’s $650 billion HayCoin (HAY) burn — 99% of the token supply — that grabbed headlines. In other news, a new report highlighted that 85% of the rug-pulled DeFi projects in Q3 didn’t report an audit, and the largest DeFi protocol on Solana has…