DeFi | ForkLog

ForkLog 53 27.05.2025

Alpaca Finance to Cease Operations by 2025

Alpaca Finance, once a leading protocol within the BNB Chain ecosystem, has announced it will completely cease operations by December 2025. After extensive internal deliberation and a thorough evaluation of possible paths forward, we have made the incredibly difficult decision to begin sunsetting Alpaca Finance and all of its products. This choice wasn’t made lightly, […]

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ForkLog 4 26.05.2025

Synthetix and Derive Call Off $27 Million Merger

The DeFi platform for synthetic assets, Synthetix, and the decentralized options protocol, Derive (formerly Lyra), have abandoned their $27 million merger deal. The SIP-415 and DIP proposals to merge Synthetix and Derive have been mutually withdrawn following thoughtful discussion and community feedback. This moment reaffirms our independent path and the community’s belief in it. Derive […]

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ForkLog 32 23.05.2025

Jupiter Team Launches Jupiter Lend Lending Protocol

The developers of the Solana-based DEX aggregator, Jupiter, have unveiled a lending platform named Jupiter Lend, according to The Block. This initiative is part of a partnership with colleagues from Fluid within the Ethereum ecosystem. The team has begun forming a waiting list. The “lending protocol” Jupiter Lend will enable “one-click” deposits, while the “vault […]

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ForkLog 304 21.05.2025

edgeX Launches Ecosystem Focusing on Non-Custodial and Private Trading

DeFi project edgeX has unveiled an ecosystem for tokenized assets and margin trading, according to a press release. The edgeX team has not allocated project tokens to external funds. The only way to acquire them is through the edgeX Points program, which rewards active users and community members. The project offers a comprehensive solution based […]

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ForkLog 46 21.05.2025

Bancor Team Sues Uniswap Over AMM Patent Use

The developers of the decentralized exchange (DEX) Bancor have filed a lawsuit against competitor Uniswap, seeking damages for the alleged infringement of its patent. According to the lawsuit, the defendant used the automated market maker (AMM) without permission and profited significantly from it. Bancor patented the technology developed in 2016 in January 2017. Uniswap employed […]

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ForkLog 42 14.05.2025

Synthetix to Reintegrate Derive Options Protocol in $27 Million Deal

The team behind the DeFi platform for synthetic assets, Synthetix, has proposed the acquisition of a former ecosystem project—the decentralized options protocol Derive (formerly Lyra). As part of our full-force drive towards Synthetix v4 on Ethereum mainnet, a new proposal has just dropped: Synthetix to acquire @derivexyz Perps & options Exchange https://t.co/wC7jRyCJqR… Let’s break it […]

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ForkLog 37 13.05.2025

Curve Finance Confirms DNS Server Compromise

On the evening of May 12, attackers breached the interface of the DeFi platform Curve Finance, redirecting the domain to a malicious IP address of a phishing site equipped with a drainer capable of emptying wallets. Late last night, the curve [.] fi domain was compromised at the DNS level. This exploit redirected traffic to […]

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ForkLog 34 12.05.2025

DeFi Lending Protocols Surpass DEX in Volume

The volume of funds in lending DeFi protocols has reached record levels in the current market cycle, while decentralised exchanges (DEX) have continued to lose ground. Aave leads among protocols. Data: DeFi Llama. The total TVL of such projects amounts to $53.3 billion—43% of the overall $124.6 billion in the industry. Aave leads with $24 […]

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ForkLog 66 12.05.2025

Uniswap Surpasses $3 Trillion in Cumulative Trading Volume

Uniswap has become the first decentralized exchange (DEX) to achieve a cumulative trading volume of $3 trillion. Uniswap is the first DEX to $3T volume ? Bet its the first to 10 Grateful to everyone who swapped along the way as we decentralize the global finance system ? pic.twitter.com/945Ab0Jpsl — Hayden Adams ? (@haydenzadams) May […]

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ForkLog 40 29.04.2025

1inch Expands to Support Solana

The DEX aggregator 1inch has expanded its services to include support for Solana. Users of the decentralized application can now conduct swaps by connecting Phantom or Trust Wallet via WalletConnect. 1 million+ tokens. $7 billion liquidity. The best swap rates. Unleash @solana with 1inch. Now live for on-chain swaps. Start now ? https://t.co/wUGBanUDdz pic.twitter.com/xr2Qc3tQvh — […]

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ForkLog 57 28.04.2025

Hacker Loopscale Offers to Return $5.8 Million for a Reward

On April 26, the DeFi protocol Loopscale, based on Solana, lost approximately $5.7 million USDC and 1200 SOL due to an attack that occurred two weeks after its launch. Update: Loopscale has re-enabled loan repayments, top-ups, and loop closing. All other app functions (including Vault withdrawals) are still temporarily restricted while we investigate and ensure […]

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ForkLog 175 25.04.2025

Mantle Unveils Crypto Bank and MI4 Index Fund with $400 Million Budget

The Mantle team is set to launch two new products aimed at bridging traditional and decentralized finance: Mantle Banking and the Mantle Index Four (MI4) fund. This was announced in a quarterly letter to MNT token holders. Mantle Banking “Cryptoneobank” Mantle Banking is positioned as an all-in-one solution, integrating fiat and cryptocurrency accounts within a […]

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