According to Odaily, Ethena Labs has released its USDe asset custody support for June, which was valid until June 30th. The main components of this support include a USDe supply of $3.605 billion, Copper custody assets of $2.072 billion, and Ceffu custody assets plus unrealized profits of $1.501 billion and $17.09 million respectively. Additionally, Cobo custody assets were reported at $5.11 million, with cast/redeem assets at $15.34 million. The total supported assets amounted to $3.610 billion, with a reserve fund of $45.32 million. Including the reserve fund, the total dollar percentage was 101.41%.

According to BlockBeats, Lista DAO has announced a partnership with BounceBit on July 4th. As part of this collaboration, Lista DAO will support BounceBit's BBTC as collateral. This move allows users to borrow lisUSD under Lista's innovation zone. The partnership is a strategic move for both entities. For Lista DAO, it provides an opportunity to expand its services and offer more options to its users. On the other hand, BounceBit gets a chance to increase the utility of its BBTC tokens. The collaboration is expected to benefit the users of both platforms. They can now use BBTC tokens as collateral to borrow lisUSD, which can be used for various purposes. This development is a significant step towards enhancing the functionality and user experience of both platforms.

According to Odaily, YieldNest, a liquidity re-pledging protocol, has announced the integration of PrimeStaked's Liquidity Repledge Token (LRT), primeETH, into its ynLSD product. This move is designed to complement the merger with primeETH. In line with this, YieldNest is set to launch new products, including a liquidity re-pledging solution on EigenLayer, ynLSDe, and a re-pledging solution in the Symbiotic ecosystem, ynLSDs. The introduction of these new products is expected to enhance the functionality and versatility of YieldNest's offerings, providing users with a wider range of options for liquidity re-pledging. The integration of primeETH into the ynLSD product is a significant development for YieldNest. It not only expands the protocol's capabilities but also strengthens its position in the market. The launch of the new products, ynLSDe and ynLSDs, further underscores YieldNest's commitment to providing innovative solutions in the liquidity re-pledging space.

According to Odaily, Layer 3 blockchain Orbs has announced the launch of its Liquidity Hub on Fenix Finance. This deployment is set to enhance the available liquidity on Blast DEX and provide higher capital efficiency for L2 users. Orbs, a Layer 3 blockchain, is making strides in the decentralized finance (DeFi) sector with its latest move. The launch of the Liquidity Hub on Fenix Finance is a significant step forward in improving the liquidity available on Blast DEX. This move is expected to provide a boost to the capital efficiency for L2 users, thereby enhancing the overall user experience. The deployment of the Liquidity Hub on Fenix Finance by Orbs is a clear indication of the growing trend of blockchain technology integration into financial systems. This move is expected to bring about significant improvements in the DeFi sector, particularly in terms of liquidity and capital efficiency. The impact of this development on L2 users is also anticipated to be substantial, with increased capital efficiency being a key benefit.

According to Odaily, the decentralized exchange (DEX) Aerodrome, built on the Base platform, has reported a significant increase in its daily trading volume over the past three weeks. The DEX, known as Aerodrome Slipstream, has consistently outperformed Uniswap in comparable trading pairs during this period. The announcement was made on the X platform, where Aerodrome shared its recent performance. The DEX has been experiencing a steady rise in its daily trading volume, surpassing that of Uniswap, a well-known decentralized finance protocol. This achievement marks a significant milestone for Aerodrome Slipstream, demonstrating its growing popularity and acceptance within the crypto trading community. The report did not provide specific figures for the trading volumes. However, the consistent outperformance of Aerodrome Slipstream over Uniswap in the past three weeks indicates a shift in the preferences of traders and investors. The reasons behind this shift were not detailed in the announcement. Further updates and details are expected to be shared by Aerodrome in the coming weeks.

According to Odaily, Aevo has announced the launch of Aevo Strategies on platform X. Aevo Strategies is an automated trading vault that executes complex strategies on behalf of its users. The first vault introduced under this new initiative is the basis trading vault. Aevo Strategies aims to simplify the trading process for users by automating it. The basis trading vault, being the first of its kind, is expected to set the tone for future vaults under Aevo Strategies. The details of the other vaults and their specific functionalities are yet to be disclosed. This development is seen as a significant step in the evolution of automated trading, providing users with a more streamlined and efficient trading experience. The launch of Aevo Strategies is expected to have a considerable impact on the trading landscape, with its potential to transform the way users engage with trading platforms.

According to BlockBeats, Symbiotic, a re-collateralization protocol, has seen its total value locked (TVL) exceed $1 billion. The current value stands at $1.029 billion, marking a historic high. Symbiotic's achievement is a significant milestone in the DeFi sector, demonstrating the growing trust and participation of investors in the protocol. The increase in TVL indicates that more assets are being locked in the protocol, reflecting a positive sentiment among users. However, it's important to note that while the TVL is a useful metric for gauging the health of a DeFi protocol, it's not the only one. Other factors such as user activity, transaction volume, and the overall market conditions also play a crucial role in determining the success of a protocol. As of now, Symbiotic continues to attract more users with its innovative re-collateralization mechanism, contributing to its growing TVL. The protocol's success is a testament to the potential of DeFi protocols and their ability to disrupt traditional financial systems.

According to Odaily, the dYdX Foundation has released its mid-year ecosystem report for 2024. The report highlights key data including a trading volume of 166 billion USD, payments of 32 million USD to Stakers and validators, approval of 62 governance proposals, and the launch of iOS and Android applications. The report indicates a significant trading volume, reaching 166 billion USD in the first half of 2024. This figure represents the total amount of transactions processed by the dYdX platform during this period. In addition to the impressive trading volume, the dYdX Foundation has also paid out 32 million USD to Stakers and validators. These payments are part of the platform's reward system for those who contribute to the security and operation of the network. The dYdX Foundation has also seen progress in its governance structure, with 62 proposals being approved in the first half of 2024. These proposals are aimed at improving the platform's functionality and user experience. Furthermore, the dYdX Foundation has expanded its reach by launching applications for iOS and Android. These applications aim to provide users with a more convenient and accessible platform for trading and managing their digital assets.

According to Foresight News, CryptoRank has released rankings for the second quarter of 2024, listing the top 10 blockchains based on Total Value Locked (TVL) growth. The list is led by zkLink Nova with a staggering growth of 35840%, followed by Scroll at 1264%. The third position is held by DeFiChain EVM, which saw an increase of 813%, while Merlin Chain came in fourth with a growth of 690%. CORE and Linea secured the fifth and sixth positions with growth rates of 646% and 533% respectively. The seventh to tenth positions were occupied by Sei, Immutable, Ton, and Bahamut, which grew by 407%, 395%, 322%, and 300% respectively. These figures highlight the rapid growth and development in the blockchain sector.

According to Odaily, DEX CoW DAO has initiated a grant proposal to allocate $1 million worth of COW tokens and stablecoins. The funds are intended to cover the costs of listing COW tokens on CEX and for marketing expenses. The voting on this proposal is set to conclude on July 10th, with the current support rate standing at 99.72%. The high support rate indicates a strong consensus among the community members for the proposed allocation. The move is seen as a strategic step to enhance the visibility and market presence of COW tokens. However, the final decision will be determined by the voting results, which will be announced after July 10th.

According to Foresight News, Liquity has officially announced the adoption of the BUSL (multi-year commercial source code license) open-source license for its Protocol V2. This move allows independent teams, once approved, to perform friendly forks via the relevant source code on Ethereum or EVM-compatible chains. This process will be under the supervision of the team initiating the protocol. The team aims to promote innovation and growth while maintaining the integrity of the core protocol deployment. They have stated that they plan to complete the final revision of the code and the mainnet deployment before the end of the fourth quarter of this year.

According to Odaily, PancakeSwap, a popular decentralized exchange, has announced that SolvBTC.ENA is now supported for trading on the Arbitrum platform. SolvBTC.ENA is a liquidity yield token that uses Bitcoin as collateral to borrow stablecoins, which are then used to mint and stake Ethena's USDe to earn profits. The integration of SolvBTC.ENA into PancakeSwap on Arbitrum is a significant development in the decentralized finance (DeFi) space. This move allows users to leverage their Bitcoin holdings to generate yield in a non-custodial manner, thereby providing an additional avenue for Bitcoin holders to earn returns on their investments. This development is part of a broader trend in the DeFi sector, where platforms are increasingly integrating Bitcoin into their ecosystems to provide more options for users. The use of Bitcoin as collateral for borrowing stablecoins and earning yield is a testament to the growing acceptance and utility of Bitcoin in the DeFi space.

According to Odaily, Beta Finance has announced a new Decentralized Autonomous Organization (DAO) vote on platform X. The proposed vote aims to support the deposit of Wrapped Bitcoin (WBTC) on Omni, a platform on Arbitrum. Arbitrum is a scalable, secure, and private off-chain solution that aims to improve the efficiency of blockchain transactions. Omni, on the other hand, is a platform on Arbitrum that supports various digital assets. The proposed DAO vote by Beta Finance seeks to expand the range of digital assets supported by Omni by including WBTC. Wrapped Bitcoin (WBTC) is an ERC20 token that represents Bitcoin on the Ethereum blockchain. It allows Bitcoin holders to participate in Ethereum's decentralized finance (DeFi) ecosystem. The support for WBTC deposits on Omni, if approved, will provide Bitcoin holders with more opportunities to engage in DeFi activities. The announcement of the new DAO vote by Beta Finance is a significant development in the DeFi sector. It reflects the growing trend of integrating Bitcoin into the Ethereum ecosystem, thereby expanding the range of financial services available to Bitcoin holders. The final decision will be determined by the DAO vote, which is a democratic process involving all stakeholders in the Beta Finance community.

According to Foresight News, stablecoin protocol Frax Finance has initiated a discussion on its governance forum about a proposal to convert FXTL points into FXS. The proposal is composed of two parts: an initial conversion and subsequent annual FXTL conversions. For this purpose, 5 million FXS will be used. After the initial conversion is completed by FPIS, its market value will reach 93 million FXS. Following this, 1 million FXS will be unlocked each year for the conversion of FXTL points. This move by Frax Finance is seen as a strategic step in enhancing the utility and value of its FXS tokens. The annual unlocking of FXS for FXTL conversion also indicates the company's commitment to maintaining a steady flow of FXS in the market. The proposal, if approved, could potentially influence the dynamics of the FXS market.

According to Odaily, Symbiotic, a repledge protocol invested in by Paradigm and Lido, has increased the deposit limits on several of its repledge pools. The only exception is the sUSDe pool, which is currently at full capacity. All other pools have available space for additional deposits. This move by Symbiotic is seen as a strategic step to accommodate more users and increase the liquidity of their pools. The company, backed by prominent investors Paradigm and Lido, continues to make strides in the decentralized finance sector. However, the sUSDe pool remains at its maximum limit, indicating a high demand for this particular pool. The remaining pools have room for more deposits, providing opportunities for investors to participate in the repledge protocol.

According to Odaily, a report released by Paidun reveals a significant increase in security incidents in the crypto domain during the first half of 2024. The period witnessed over 200 major hacker attacks, resulting in an estimated loss of around $1.56 billion. However, $319 million was recovered. Compared to the same period in 2023, this figure represents a substantial growth of 293%, when the loss was $480 million. DeFi protocols remained the primary targets of these attacks, accounting for 59% of the total stolen value. More than 20 public chains experienced significant hacker attacks. The top three cryptocurrencies in terms of loss amount were Ethereum, Bitcoin, and XRP. Furthermore, Ethereum and BNB Chain were the most frequently attacked, with each accounting for 31.3% of the total number of attacks. They were followed by Arbitrum, which accounted for 12.5% of the attacks.

According to Odaily, Superposition, a DeFi native L3 project based on Arbitrum One, has announced the launch of its L3 Testhub. The Testhub serves as a centralized repository, encompassing all SPN testnet requirements including faucets and tutorials. The launch of the L3 Testhub is a significant step for Superposition, demonstrating its commitment to providing comprehensive solutions for SPN testnet requirements. The Testhub, being a centralized repository, will streamline the process of accessing necessary resources, making it easier for users to navigate and utilize the platform. The use of Arbitrum One as the base for this project further highlights Superposition's innovative approach. Arbitrum One is known for its scalability and efficiency, characteristics that Superposition aims to incorporate into its L3 Testhub. This move is expected to enhance the performance and user experience of the platform. In conclusion, the launch of the L3 Testhub by Superposition is a notable development in the DeFi sector. It not only showcases the project's dedication to user-centric solutions but also its innovative use of technology to improve platform efficiency and scalability.

According to Odaily, Parallel Network, a comprehensive L2 network, has announced the termination of its ParaSpace V1 operations. The closure of the ParaSpace V1 lending platform will follow a specific set of steps. From July 2nd to July 9th, all markets on ParaSpace V1 will be frozen. During this period, the loan-to-value (LTV) ratio of all assets will be adjusted to zero. Users will only be allowed to repay loans, with withdrawals being prohibited. This phase will last for seven days, ending on July 9th. On July 10th, after the seven-day period, all positions with outstanding loans will be directly liquidated. Once the liquidation process is completed, withdrawals will be reopened. This move marks a significant shift in the operations of the Parallel Network.

According to Odaily, the weekly trading volume of decentralized applications (DApps) on the Ethereum network has seen a significant increase of 83% compared to the previous week. However, a single application, Balancer, accounts for 59.5% of this increase. Despite the overall rise in trading volume, the number of active Ethereum users has decreased by 8%, and the total value locked (TVL) has also fallen by 17.5%. This growth contradicts the trends observed in other parts of the crypto market. Excluding the contribution from Balancer, the weekly trading volume of Ethereum DApps has actually decreased by 5%. This unusual phenomenon suggests the need for further analysis to understand the real demand behind the increase in trading volume and potential manipulative behavior.

According to BlockBeats, Uniswap, a decentralized finance protocol, has seen its front-end transaction fees, also known as revenue, reach $45.71 million as of July 2nd. This data was provided by DefiLlama, a reliable source for decentralized finance market data. Uniswap's significant revenue increase is a testament to the growing popularity and adoption of decentralized finance protocols. However, it's important to note that while this figure is impressive, it also reflects the high transaction fees that users often have to bear when interacting with such protocols. This news underscores the continued growth and potential of the decentralized finance market. As more users turn to these platforms for their financial transactions, it's expected that revenues for these protocols will continue to increase.