DeFi

Decentralized Finance news and protocols

Introducing Synthetix Perps on Ethereum Mainnet

Introducing Synthetix Perps on Ethereum Mainnet

Today, Synthetix launches the canonical perp DEX on Ethereum. This marks the end of the transition phase and the beginni...

By Alex Smith 3 months ago 5 min read
12 Week Extension for sUSD on Infinex

12 Week Extension for sUSD on Infinex

Christmas just came early for sUSD depositors on Infinex with 12 weeks of SNX rewards. To support the imminent launch of...

By Alex Smith 3 months ago 3 min read
Robinhood Unveils Combos to ‘Trade and Hedge Pretty Much Anything’

Robinhood Unveils Combos to ‘Trade and Hedge Pretty Much Anything’

Robinhood unveiled plans for 'combos'—essentially parlays—at Tuesday night's event, starting with NFL games available no...

By Alex Smith 3 months ago 4 min read
Synthetix Perps on Ethereum Mainnet Are Imminent

Synthetix Perps on Ethereum Mainnet Are Imminent

The Next Chapter of Synthetix Begins NowIn 2022, Synthetix left Ethereum Mainnet, lured by the low fees and abundant blo...

By Alex Smith 3 months ago 6 min read
Gondor Raises $2.5M to Bring Lending and Leverage to Prediction Markets

Gondor Raises $2.5M to Bring Lending and Leverage to Prediction Markets

Gondor is betting it can build the missing financial layer for on-chain prediction markets—starting with lending against...

By Alex Smith 3 months ago 4 min read
Will the Fed Cut Rates? 94% Say Yes with $35 Million on the Line

Will the Fed Cut Rates? 94% Say Yes with $35 Million on the Line

Polymarket and Kalshi show near-unanimous consensus ahead of Wednesday's decision, with $14 million traded in the past 2...

By Alex Smith 3 months ago 3 min read
Kalshi Posts $1.8 Billion Weekly Volume as Prediction Markets Top $2.3 Billion

Kalshi Posts $1.8 Billion Weekly Volume as Prediction Markets Top $2.3 Billion

Kalshi posted $1.8 billion in weekly volume, up 15.2%, capturing 78% of the market. Polymarket recorded $511 million, up...

By Alex Smith 3 months ago 2 min read
Wick Insurance: Protect Your Trades From Scam Wicks

Wick Insurance: Protect Your Trades From Scam Wicks

Insurance for crypto’s most unfair momentsThe most frustrating thing for any perp trader is being directionally r...

By Alex Smith 3 months ago 5 min read
A Google Insider? The Polymarket Trader Who Turned $10K Into $1M Overnight

A Google Insider? The Polymarket Trader Who Turned $10K Into $1M Overnight

Alleged insider nets $1 million profit on Polymarket in 24 hours. The post A Google Insider? The Polymarket Trader Who T...

By Alex Smith 3 months ago 4 min read
Synthetix Teams: A New Way To Win Together

Synthetix Teams: A New Way To Win Together

Join the team of your favorite trader for a chance to win a share in 500k SNX and exclusive trader perks.In Season 2 of...

By Alex Smith 3 months ago 4 min read
Polymarket Traders Knew The Weeknd Was Going to Beat Drake on Spotify Wrapped

Polymarket Traders Knew The Weeknd Was Going to Beat Drake on Spotify Wrapped

Hours before Spotify announced its 2025 Wrapped results, the odds on The Weeknd finishing third on Polymarket’s contract...

By Alex Smith 3 months ago 4 min read
Kalshi Raises $1 Billion as Prediction Markets Hit $2.2 Billion Weekly

Kalshi Raises $1 Billion as Prediction Markets Hit $2.2 Billion Weekly

Kalshi built $1.2B in weekly volume with US users alone. Polymarket built $952M with everyone else, per Defi Rate analyt...

By Alex Smith 4 months ago 3 min read