Pendle became the second-largest DeFi protocol on OKX's XLayer in less than 30 days, reaching $37.5 million in total value locked (TVL). This rapid growth was driven mainly by a single USDG stablecoin market and integration with Aave V3, which allowed Pendle's principal tokens to be used as collateral with a high loan-to-value ratio. The combination of liquidity incentives and cross-protocol composability attracted significant capital, capturing about a quarter of XLayer's total DeFi TVL. Pendle now operates on 14 blockchains with over $1.2 billion TVL, focusing on stablecoin and real-world asset yield markets.
Aave (AAVE) increased by 4.51% to $174.38 on October 10, maintaining its position above five of six key moving averages, signaling overall strength. However, the MACD histogram at zero indicates uncertain near-term momentum, with the next daily close...
NEAR attracted $7.43 million in inflows, surpassing Bitcoin's outflow of $4.9 million over the past five hours. Other notable inflows included SUI with $3.21 million and AAVE with $3.06 million. Stablecoins like USDT and USDC also saw significant mov...
Aave Labs introduced its Model Context Protocol (MCP) server on September 8, enabling AI clients to access detailed DeFi data and simulate transactions without holding private keys or moving funds. Meanwhile, MetaMask released its Agent Wallet on Aug...
Aave Labs has integrated its Model Context Protocol (MCP) server with MetaMask's new self-custodial Agent Wallet, enabling AI agents to interact directly with Aave's DeFi lending infrastructure. This connection allows AI agents to read data, simulate...
Chainlink introduced CCIP Vault Adapters, a new product that allows DeFi vaults on one blockchain to accept one-click deposits from users on over 80 supported blockchains. This innovation uses Chainlink's Cross-Chain Interoperability Protocol (CCIP) ...
