The latest DeFi developmentsšŸ‘‡ SEC Chair said ETH isn’t a security SBET filed to buy $5 billion more ETH Fluid introduced Fluid DEX Lite - the most gas-efficient DEX on Ethereum Base L2 activated the Flashblocks upgrade, which makes it 10x faster Silo Finance launched a new PT-tETH market, enabling users to earn up to 28% looped APY on ETH. PT tETH is a fixed yield token from Pendle Avail launched svmBNB, enabling running Solana programs on the Avail Network. AVAIL is used to pay for the data availability services on Avail DA StablecoinX raised $360 million to buy Ethena’s ENA token Lombard Finance revealed its roadmap, which includes launching new tokenized products and building a cross-chain BTC Kaito introduced gKAITO - a new mechanism that enables earning a share of the platform fees and getting access to exclusive deals Sonic’s S1 Airdrop is now available for claiming. Only 25% of the S airdrop is claimable at this moment Ether Machine, the first public company built to actively use ETH in DeFi with $1.5B in committed capital, was introduced Defi App’s buyback proposal has passed. 80% of protocol revenue will go to HOME token buybacks Trump signed the pro-stablecoin Genius bill PayPal announced the expansion of its stablecoin to Arbitrum Jito Labs introduced BAM - a system that aims to improve transaction sequencing and reduce MEV on Solana Euler Labs introduced Euler-powered credit cards, enabling users to make real-world payments without selling their collateral If you enjoyed reading this, a like and a retweet would be much appreciated🫔
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