Babylon Labs proposed an Aave V4 integration enabling borrowing against native Bitcoin collateral directly on the Bitcoin network, avoiding wrapped BTC, bridges, and custodians. The system uses Taproot-based vault scripts and introduces a non-transferable asset called vaultBTC to represent locked BTC collateral within Aave. Aave founder Stani Kulechov endorsed the proposal, highlighting its potential to bring billions of BTC liquidity into Ethereum DeFi markets. The proposal is under governance review and requires further audits and approvals before launch.
Kalshi, a CFTC-regulated platform, introduced perpetual futures contracts for BNB on September 4, allowing eligible US investors to trade BNB as a regulated derivative. This addition is part of a broader expansion including altcoins like Cardano and ...
When Bitcoin collateral is liquidated in DeFi lending, the protocol sells or transfers BTC-linked tokens like WBTC, tBTC, or sBTC to repay borrower debt. This process reduces both debt and collateral but may not fully cover the loan, potentially leav...
Kalshi has introduced perpetual futures contracts for cryptocurrencies including BNB, Cardano (ADA), Aave (AAVE), Worldcoin (WLD), and Venice Token (VVV), broadening its regulated crypto derivatives offerings in the U.S. These contracts, which have n...
Aave V3 now holds 78.6% of the $872.7 million USDT0 deposits in DeFi, reflecting its dominant position in stablecoin liquidity. Across 29 protocols, Aave V3 controls about 62.8% of the combined USDT and USDT0 total value locked, roughly $3.83 billion...
In August, Ethereum's ecosystem accelerated with significant Layer-2 network upgrades, including GnosisDAO's move to a ZK-proven Layer-2 rollup and Arbitrum's ArbOS Elara update enhancing transaction fees and smart contract capacity. Institutional ad...
