Decentralized Finance

Robinhood Chain DEX Volume Jumps to $1.6 billion

Robinhood Chain DEX volume jumped to $1.595 billion, a 61% increase, with TVL at $738.11 million and stablecoin market cap at $796.74 million. The network, launched July 1, has seen significant growth in transactions and bridged assets, balancing traditional finance with speculative tokens.

Ether.fi Introduces Tokenized Assets and Portfolio-Backed Loans

Ether.fi expands its platform with tokenized asset trading, portfolio-backed loans, and fiat accounts, aiming to bridge traditional finance with DeFi. The new features, including tokenized stocks and metals, are available globally, with some regional restrictions.

Crypto Loses Over 35 Million USD in a Brutal Week of DeFi Attacks

The first full week of July was one of the worst stretches of the year for crypto security.