Staking dominance and the stETH ecosystem
Lido maintains liquid staking leadership with stETH reaching $26.27 billion in total value locked by 2026. Despite market share shifts toward institutional players, the…
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DeFi
DeFi news on lending protocols, DEX volumes, stablecoins, restaking, tokenized real-world assets, TVL trends and smart contract security.
- Articles
- 27
- Last update
- Oct 8
Aave V4 liquidation engine and interest rate model explained
Aave V4 utilizes a Hub and Spoke architecture to decouple liquidity pricing from risk management. The new system features a precision-based liquidation engine and a…
The evolution of Uniswap from 2018 prototype to 2026 expansion
Uniswap reached a $12 billion cumulative volume milestone following the deployment of v4 hooks and expansion onto networks like Robinhood Chain. The protocol evolved…
The history of dYdX from 2017 prototype to 2026 dominance
Antonio Juliano's margin trading prototype evolved into a dominant decentralized exchange reaching $850 million in daily perpetual volume. The protocol transitioned…
Spark lending rates shift after DSR hike and DAI loan sprint
Spark active loans reached approximately $2.9 billion following a 3.5% DSR hike and a $1.8 billion DAI loan origination sprint. USDS borrowing drove significant…
Morpho vaults outperform monolithic lenders
Morpho's modular lending architecture separates risk from management, reaching $1.2 billion in organic loan origination. Specialized vaults like Bitwise Premium RWA…
Common mistakes with Lido’s wstETH DeFi collateral ratios
A configuration mismatch in the CAPO formula caused a 2.85% artificial price deviation during a March liquidation event. This error pushed positions with health factors…
The evolution of Yearn Finance from launch to 2026 overhaul
Yearn Finance transitioned from Andre Cronje's 2020 launch to a decentralized DAO model that stabilized total value locked at $800 million following the January 2026…
crvUSD peg stability and DEX routing shifts
crvUSD maintains a $0.9998 oracle price as PegKeeper debt decreased by 7.98M crvUSD. TricryptoUSDC parameter changes increased simulated swap fees from 0.10% to 0.36%…
Navigating Pendle yield tokenization after the 2026 maturity shift
Pendle splits yield-bearing assets into Principal Tokens and Yield Tokens to manage fixed returns and yield speculation. The protocol has processed over $69.8 billion…
The evolution of Lido’s stETH from Beacon Chain to market dominance
Lido's stETH has grown to control over 30% of all staked Ethereum by 2026. The protocol evolved from its 2020 Beacon Chain launch through the Shapella upgrade and DVT…
The mechanics of GHO issuance and the GHO Stability Module
GHO issuance relies on four facilitators, including the GHO Stability Module which provides price support through arbitrage. Following a $340 million bad debt…
Uniswap v4 hook vulnerabilities and liquidity fragmentation trends
Implementation errors in Uniswap v4 hooks caused an $11 million loss for Cork Protocol, while Aerodrome on Base captured 56% market share through aggressive AERO token…