Decentralized Finance (DeFi)
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DeFi Development Corp. Signs LOI with Loopscale to Boost Stablecoin & SOL Yield and Participate in Points Program
Globenewswire· 2025-11-18 13:30
BOCA RATON, FL, Nov. 18, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”), the first public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced that it has signed a Letter of Intent (LOI) with Loopscale, a modular, orderbook-based lending protocol on Solana. The LOI outlines the Company’s plan to deploy a portion of its SOL and stablecoin reserves into Loopscale’s lending and vault ecosystem to generate yield, participate in the pla ...
Aave launches iOS App for DeFi Savings With 6.5% Yields
Yahoo Finance· 2025-11-17 16:28
Aave Labs released its iOS savings app on Nov. 17, which offers 6% base annual percentage yield with an additional 0.5% boost for automatic monthly deposits. The app targets retail users new to decentralized finance through a simplified interface that compounds interest every second. The product supports stablecoin deposits, which include USDC and USDT, with no minimum deposit requirements, according to the Aave app page. Users’ contributions are not limited, and they can start with as little as $0.01. ...
ETHZilla Reports Third Quarter 2025 Financial Results
Prnewswire· 2025-11-14 13:00
Core Insights - ETHZilla Corporation reported $4.1 million in revenue for the first six weeks of operation as ETHZilla, focusing on real-world asset (RWA) tokenization initiatives [1][4] - The company aims to lead in the tokenization of high-value assets on Ethereum Layer 2 networks, enhancing liquidity and access for investors [2][6] Financial Performance - For the third quarter ended September 30, 2025, ETHZilla generated revenue of $4.1 million and a gross profit of $4.1 million [4] - The company reported a net loss from continuing operations of $208.7 million, primarily due to one-time non-cash items [6][9] - Adjusted EBITDA for the quarter was $8.5 million, indicating operational profitability despite the net loss [6][14] Business Developments - ETHZilla secured approximately $931 million in institutional capital through various financings, including a $425 million PIPE and a $156 million convertible note [6] - The company has partnered with Liquidity.io, acquiring a 15% equity stake, to facilitate the tokenization of RWAs [2][6] - A share repurchase program has been initiated, with 2,099,472 shares repurchased for $46.3 million, reflecting management's confidence in the company's value [6] Strategic Initiatives - ETHZilla is deploying 70% of its Ethereum holdings into leading restaking protocols, generating approximately 7.5% yield [5][6] - The company has streamlined its legacy portfolio by resolving litigation and divesting non-core assets, focusing on high-growth digital asset tokenization [6] - New executive appointments aim to accelerate the company's growth strategy in the decentralized finance sector [6] Market Positioning - ETHZilla positions itself as a leader in the emerging multi-trillion-dollar tokenized asset economy, leveraging its unique business model to capture ETH appreciation and sustainable cash flows [2][6] - The company anticipates launching revenue-generating RWAs on-chain in the near term, with positive adjusted EBITDA expected in the fourth quarter [6]
ETHZilla Promotes John T. Saunders to Chief Financial Officer
Prnewswire· 2025-11-14 13:00
Accessibility StatementSkip Navigation PALM BEACH, Fla., Nov. 14, 2025 /PRNewswire/ --Â ETHZilla Corporation (Nasdaq: ETHZ), a leading technology company connecting traditional finance with decentralized finance (DeFi), today announced the promotion of John T. Saunders to senior vice president, chief financial officer (CFO). Saunders will continue to report to McAndrew Rudisill, chairman and CEO, and to the audit committee. In his expanded role, Saunders will oversee financial strategy, reporting and analys ...
Hyperion DeFi Reports Third Quarter 2025 Financial Results with Record Net Income of $6.6 Million
Globenewswire· 2025-11-13 21:05
Management Initiates Q4’25 Adjusted Revenue(3) Guidance of 31% to 43% Q-o-Q Growth Over 13 Million HYPE Tokens Staked to Hyperion’s Validator as of October 31, 2025 Ramping Business Lines Expected to Achieve Positive Operating Cash Flows in 2026 LAGUNA HILLS, Calif., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Hyperion DeFi, Inc. (NASDAQ: HYPD) (“Hyperion DeFi” or the “Company”), the first U.S. publicly listed company building a long-term strategic treasury of Hyperliquid’s native token, HYPE, today reported results ...
RWA Specialist Centrifuge Debuts Tokenization Service, Starting with Daylight
Yahoo Finance· 2025-11-12 15:00
Centrifuge, a real-world asset (RWA) protocol, unveiled Wednesday a tokenization platform designed to help institutions, fintech startups and decentralized finance (DeFi) applications create tokenized financial products faster and more securely. The new platform, dubbed Centrifuge Whitelabel, provides modular infrastructure for creating tokenized versions of assets from private credit and insurance to energy infrastructure and equity, according to a press release shared with CoinDesk. Daylight, a decentra ...
After Uniswap Fee Switch, Will Wash Trading And Scam Pools Disappear Overnight?
Yahoo Finance· 2025-11-12 11:57
Core Insights - Uniswap is recognized as a pioneer in the DeFi space, credited with the AMM innovation that significantly advanced decentralized token swapping [1] - As of November 12, Uniswap is the leading decentralized exchange (DEX) with a total value locked (TVL) of $4.9 billion, primarily in Ethereum and its layer-2 solutions [1][2] Fee Distribution Proposal - A proposal has been made to change the distribution of trading fees, allocating a portion to UNI token buybacks and burning, which would benefit UNI token holders [2][3] - If approved, the fee allocation would be 0.25% to liquidity providers and 0.05% to the protocol for Uniswap v2 pools, while v3 pools would have protocol fees set at a quarter or a sixth of the liquidity provider fee [4] Impact on UNI Token - The proposal aims to eliminate front-end fees from Uniswap Labs and burn approximately 100 million UNI from the treasury, enhancing value for UNI holders through buybacks and token burning [5] - Following the announcement of the fee switch proposal, the price of UNI surged by 65% in the past week, with potential for further increases if buying momentum continues [6] Market Reactions - Analysts suggest that redirecting a portion of fees to UNI token burning could eliminate wash trading practices on Uniswap, which often thrive on zero protocol fees [7]
Elixir Shuts Down deUSD Stablecoin After Stream Finance’s $93 Million Loss
Yahoo Finance· 2025-11-07 10:49
Core Insights - Elixir has decided to wind down its deUSD synthetic dollar stablecoin following a significant loss disclosed by Stream Finance, which has caused ripple effects across the DeFi ecosystem [1][7]. Incident Overview - Stream Finance reported a loss of approximately $93 million in assets managed by an external fund manager, leading to the suspension of all withdrawals and deposits [2][3]. - Elixir had parked 65% of deUSD's collateral with Stream, which lost $93 million using its own stablecoin (xUSD) as collateral, resulting in a 77% drop in xUSD and effectively nullifying deUSD's backing [3][6]. Market Impact - The value of deUSD collapsed by over 97% within 24 hours, trading around $0.025 [5]. - Panic selling ensued, with over $30 million dumped on-chain as holders rushed to exit [3]. Redemption Process - Elixir announced that all remaining holders of deUSD and sdeUSD would be able to redeem their assets for a dollar, and a claim page was launched for users to redeem their assets in USDC [4][6]. - The protocol has taken a snapshot of all remaining holder balances and expects all claims to be honored on a 1:1 basis [6]. Broader Implications - The incident underscores the interconnectedness of DeFi systems, highlighting how losses in one protocol can significantly impact others, and raises ongoing discussions about collateral design, transparency, and risk management in decentralized finance [7].
DeFi Platform Elixir Halts Support for deUSD After Stream Finance’s $93M Loss
Yahoo Finance· 2025-11-07 07:08
Core Insights - Elixir has suspended support for its synthetic stablecoin deUSD due to the fallout from Stream Finance's $93 million loss, leading to a significant depeg of deUSD to approximately $0.015 [1][3][9] Group 1: Elixir and deUSD - Elixir has processed redemptions for 80% of all deUSD holders, resulting in a depeg of the token [3] - The market cap of deUSD was around $150 million before the crash, and Stream Finance holds about 90% of the remaining supply, valued at roughly $75 million [4] - Elixir is coordinating with other DeFi protocols to compensate affected holders and has disabled withdrawals to prevent liquidation of deUSD [5] Group 2: Stream Finance - Stream Finance revealed a major hit to its balance sheet with $285 million in debt, including $68 million owed to Elixir [3][9] - The XUSD stablecoin, backed by deUSD, crashed 90% to $0.10 following the disclosure of Stream's financial issues [4] - Stream's rapid growth was based on capital-efficient DeFi strategies, but its reliance on external fund managers has raised concerns about transparency and counterparty risk [7] Group 3: Market Reactions - Analysts described the drop in XUSD as a crisis of confidence rather than a technical failure, with no smart contract exploit identified [6] - Social media discussions have intensified concerns regarding Stream's reserves, suggesting a heavily leveraged position with $170 million in assets against $530 million in loans [6] - Balancer also faced a significant exploit, losing over $128 million but managing to recover $19 million [8][9]
Securitize, VanEck Bring VBILL Tokenized Treasury Fund To Aave
Yahoo Finance· 2025-11-06 14:00
Core Insights - Aave's Horizon market is enhancing its platform for real-world assets (RWAs) through the integration of Securitize and VanEck's tokenized treasury fund, VBILL, which signifies a significant step in merging traditional finance with decentralized finance (DeFi) [1][4] Group 1: Market Growth and Size - Since its launch in August, Aave's Horizon has rapidly become the fastest-growing venue for RWAs in DeFi, achieving a total market size exceeding $460 million [2] - The platform aims to comply with institutional standards while ensuring the transparency and liquidity characteristic of on-chain finance [2] Group 2: Integration and Technology - With the addition of VBILL as eligible collateral, institutions can now borrow stablecoins against their VBILL holdings, enhancing liquidity options [3] - The integration utilizes Chainlink's NAVLink and LlamaGuard NAV oracles to provide verified, risk-adjusted net asset value (NAV) data, ensuring secure pricing [3] - Securitize plans to implement its Trusted Single Source Oracle (TSSO) system in the future, which will further enhance the verification process for on-chain fund valuations [3] Group 3: Industry Impact - The integration of VanEck's VBILL with Aave and Chainlink is expected to broaden access to trusted forms of on-chain collateral, illustrating the fluid movement of regulated assets within the DeFi space [4]