Perp DEXs hit 13.5% of open interest as Binance, OKX lead
The CEX duo still dominates volumes, but the share of perpetual futures open interest sitting on DEXs has nearly quadrupled since early 2025 — a structural shift in where leverage now lives.
Decentralized finance — DEXs, lending, yield strategies, on-chain derivatives, and tokenized real-world assets.
The CEX duo still dominates volumes, but the share of perpetual futures open interest sitting on DEXs has nearly quadrupled since early 2025 — a structural shift in where leverage now lives.
The HYPE token jumped 20% to $58.60 on the day Hyperliquid's fully diluted valuation passed Solana's — a crossover built on $12.6M weekly protocol fees, not narrative.
Two on-chain moves in 48 hours — a Galaxy-linked wallet buying $8.8M and a fresh address pulling $29.87M off Coinbase — point to accumulation rather than distribution.
The raise backs a thesis most perp DEXs have avoided — sourcing liquidity from real market makers and commodity desks, not just crypto LPs — with Bain Capital Crypto and Coinbase Ventures joining…
Variational, an Arbitrum-based derivatives venue, has closed a $50 million Series A round led by Dragonfly Capital…
The total real-world asset (RWA) tokenization market has crossed $38 billion, according to fresh data from Token…
L2Beat rebuilt the Lighter L2 proof stack from source — including its L1 verifier — so users can withdraw even if the sequencer goes dark or turns hostile.
The integration removes the usual bridge-and-wrap step that kept idle XRP off-chain: cold-storage holders can now sign twice on the XRPL and route straight into on-chain yield.
An Ethereum user paid 89 ETH, equivalent to roughly $190,530, in transaction fees for a single on-chain operation. The…
The share move from 2.9% to 8.0% looks small in absolute terms, but it was carved almost entirely out of spot — a structural re-routing of retail flow onchain, not a CEX bleed.
A pair of crypto wallets opened coordinated 10x leveraged long positions on $PEPE at the same time, accumulating a…
On-chain data from HypurrScan shows whale address 0xde42 sold 50,000 $HYPE tokens worth approximately $2.41 million…
The market maker's first serious DeFi product lands in a curator-architecture lane already crowded by Morpho and Steakhouse — but Wintermute's OTC balance sheet is a distribution angle neither can…
The headline is a 24-hour $5.78B print and a fresh weekly record — but the real story is that Solana's perps stack is now absorbing flow at a scale that puts it in the same conversation as…
The bill's headline digital-asset market structure looks set to clear, but the DeFi provisions were rewritten hours before the vote — and the industry is still parsing what that means.
The launch turns non-custodial, no-identity-check token swaps into a five-endpoint Bearer-auth REST integration — and lets every partner keep 0–4% of the spread as USDT.
A compromised admin key let the attacker mint 1,000 unauthorised eBTC and launder proceeds through Tornado Cash — the latest in a string of mega-exploits now totaling hundreds of millions across DeFi.
Ostium's institutional-grade data link comes as equity perps have already carved out 20% of the $75B RWA perps market — and signals Nasdaq is building a deliberate onchain strategy, not a one-off bet.
The integration turns Tempo from a payments rail into a full-stack finance platform — letting corporates park idle stablecoin balances in curated lending markets without leaving the network.
The $4T figure, evenly split between stablecoins and tokenized RWAs, positions DeFi protocols as the native infrastructure layer — and clears a path for protocol tokens to capture the throughput.