DeFi | ForkLog - Part 11

ForkLog 76 26.02.2025

A phantom reborn: Sonic, a revamped network from the ‘father of DeFi’

In December 2024, following a rebrand, the Sonic mainnet was launched—an EVM-compatible layer-1 (L1) blockchain. The ‘father of DeFi’, Andre Cronje, has taken the helm of the new direction for the old Fantom project. In February 2025, attention to the Sonic ecosystem and token rose sharply. Several forces are at work: users’ anticipation of a […]

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ForkLog 22 25.02.2025

Bernstein Predicts Liquidity Shift from Meme Coins to DeFi and NFTs

Analysts at Bernstein anticipate that as the regulatory environment evolves, liquidity in the crypto market will begin to flow back from meme coins to DeFi projects, NFTs, and gaming tokens. This is reported by The Block.

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ForkLog 30 24.02.2025

Berachain Surpasses Base and Arbitrum with $3.2 Billion TVL

The total value locked (TVL) in Berachain has risen to $3.24 billion, placing the network in sixth position, ahead of Base ($3.21 billion) and Arbitrum ($2.91 billion). Over the past seven days, Berachain’s TVL increased by 20% amidst a general downturn among its competitors. Source: DeFi Llama. Berachain hosts 33 protocols. The leading platform is […]

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ForkLog 48 24.02.2025

Infini Stablecoin Bank Hacked for $49.5 Million USDC

On February 23rd, the stablecoin bank Infini suffered a loss of $49.5 million USDC due to a hack. Analysts from Lookonchain pointed out the suspicious transactions. It seems that the stablecoin bank @0xinfini was hacked and 49.5M $USDC was stolen. The hacker swapped 49.5M $USDC for 49.5M $DAI and bought 17,696 $ETH. The 17,696 $ETH […]

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ForkLog 88 18.02.2025

Hyperliquid Team Launches HyperEVM

Hyper Foundation has deployed the HyperEVM execution environment to ensure “universal programmability.” The HyperEVM is live. This is a major step toward the vision of housing all finance by bringing general-purpose programmability to Hyperliquid’s performant financial system. The initial mainnet release of the HyperEVM includes: 1. HyperEVM blocks built as part of L1 execution,… pic.twitter.com/sleqk1N7T5 […]

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ForkLog 41 17.02.2025

Decentralisation on hold: will DeFi tokens pay dividends?

In 2024, the DeFi sector’s TVL doubled to more than $120bn, marking a renaissance for the industry. A change of guard in the White House eased regulatory pressure rooted in the notion that tokens are securities. Against that backdrop, protocol teams revived discussions about the fee switch—a revenue-sharing mechanism that would pay dividends to DeFi-token […]

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ForkLog 27 17.02.2025

0xngmi pegs Solana meme‑coin haul at $3.6bn–$6.6bn

The meme-coin hype has netted insiders and infrastructure players more than $3.6bn. Adverse fallout in the segment could undermine the crypto industry’s development. Solana’s price may have formed a top two weeks ago amid the meme-coin frenzy. TRUMP insiders, MEV participants, Pump.fun and various DEXs collectively made between $3.6bn and $6.6bn from the meme-coin frenzy […]

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ForkLog 38 13.02.2025

Ethereum Foundation Allocates $120 Million to DeFi Protocols

The non-profit Ethereum Foundation (EF) has allocated $120 million worth of ETH to several lending protocols to enhance reserve yields. EF Treasury has deployed: — 10,000 ETH into Spark— 10,000 ETH into Aave Prime— 20,800 ETH into Aave Core— 4,200 ETH into Compound We’re grateful for the entire Ethereum security community that has worked diligently […]

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ForkLog 13 12.02.2025

Avalon Labs Plans Bitcoin-Backed Debt ETF Launch

The Bitcoin-based DeFi project Avalon Labs is considering filing an application with the SEC to create the industry’s first ETF backed by digital gold debt. Avalon Labs: Opening the Door for Massive Adoption of Bitcoin-Backed Products Avalon is on a mission to bring Bitcoin-backed financial products to both crypto and non-crypto users alike. Bitcoin, the […]

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ForkLog 27 07.02.2025

World Liberty Financial Unveils Strategic Cryptocurrency Reserve

The DeFi platform World Liberty Financial (WLFI), associated with Donald Trump, plans to establish a strategic cryptocurrency reserve. This was announced by the company’s founder, Chase Herro, at the Ondo Finance summit in New York, as reported by Bloomberg. Donald Trump Jr., the president’s son, personally introduced the entrepreneur and two other WLFI co-founders, Zachary […]

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ForkLog 143 06.02.2025

Risks, opportunities—and more risks: a checklist for a successful liquidity provider

Liquidity pools are a cornerstone of decentralised finance (DeFi). Without them, seamless trading and the steady functioning of protocols would be impossible. For liquidity providers, understanding the associated risks and opportunities is critical. Grigory Osipov, director of investigations at Shard, explained where to start, how not to lose your initial capital and how to avoid […]

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ForkLog 43 01.02.2025

DEX Trading Volume Surpasses $560 Billion, Solana Dominates Half

In January, the total turnover on DEX reached a record $564.56 billion, marking the highest levels since September.

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