defi

The Solana ecosystem meme coin issuance platform Pump.fun announced that its perpetual contract product built on Hyperliquid has added a cross margin feature, along with the launch of TWAP execution and manual margin adjustments.Previously, Pump.fun launched its perpetual contract service on October 28 using an isolated margin model, and this update adds a cross margin option based on the original isolated model.

According to Decrypt, Jupiter, the largest trading platform on Solana, launched four new products this week, expanding from token trading to a one-stop on-chain asset platform, and announced a new mission to make global assets universally accessible and usable.Jupiter aggregates liquidity across the entire Solana network to provide optimal prices for each transaction, with a cumulative aggregated trading volume exceeding $1.3 trillion; according to data from DeFiLlama in early November, its total locked value in the ecosystem is approximately $1.7 billion, and the active loan size in the lending market has surpassed $1 billion. Chief Operating Officer Kash Dhanda stated that aggregation applies not only to trading but to all aspects.Among the four products, Baskets allows users to deposit a single SOL or USDC to purchase a basket of tokens without the need to exchange them one by one, which can be allocated and automatically rebalanced based on market capitalization weight or fixed targets. Jupiter Vaults serve as a yield strategy center, covering stablecoin lending and strategies supported by real-world assets, managed by independent curators rather than Jupiter itself. Users can view the risk status, fund allocation, and historical returns of each strategy before depositing. Vaults went live on November 11 as a private beta for over 19,000 waitlisted users and eligible stakers of JUP.The launched Portfolio V3 upgrades the portfolio page to an actionable interface, providing quick access to trading, opening perpetual contracts, forecasting, and lending, and sends alerts when positions approach liquidation, while also adding cross-chain transfer functionality that integrates multiple cross-chain bridges. Pulse and the revamped token page provide market data for tokenized stocks and ETFs, token economic models for DeFi projects, and a token comparison sidebar.The aforementioned products will be gradually launched before the Solana Breakpoint conference opens on November 15. Jupiter stated that all Vaults strategies carry risks, and some strategies may not be available in regions including the United States.

According to The Defiant, the decentralized yield trading protocol Pendle has launched four fixed-term markets for USDe on Ethereum, with an initial quoted annual yield range of 5.24% to 6%.Data shows that the liquidity of each of the aforementioned pools is approximately $10,000. USDe is a synthetic dollar stablecoin issued by Ethena Labs, while Pendle focuses on yield tokenization and fixed-rate trading.

According to The Defiant, Compound V2 users must claim their COMP rewards by November 10. After the deadline, unclaimed tokens will be returned to the Compound treasury.This reward program is part of the legacy rewards plan left by Compound on Ethereum, with a total of 40,419 COMP distributed at launch.

According to DeFi Development Corp (Nasdaq: DFDV) 8-K filing on November 9, the company increased its holdings of 8,881 SOL from 2,600,948 on October 30 to 2,609,829 on November 6 during the period from November 2 to 6.The company stated that these positions are planned to be deployed through staking, validators, and on-chain treasury infrastructure, depending on market conditions and risk control.

The U.S. Department of the Treasury released data showing that as of September 30, the federal budget deficit for fiscal year 2026 totaled $2 trillion, an increase of $217 billion from the previous fiscal year, representing a 12% increase. The deficit for fiscal year 2026 accounts for 6.2% of GDP, and the total federal debt held by the public reached 100% of GDP.

On November 9, TRON ECO announced that the "TRON ECO × BBW 2026 Thanksgiving Parade" is about to set sail, with six major events taking place consecutively starting from November 10: from November 10 to 15, free BBW tickets will be distributed; from November 16 to 20, a DeFi yield and GasFree benefits will be launched in collaboration with Binance Wallet. The GasFree benefit allows for fee-free transfers of TRON USDT via Binance Wallet, valid until December 22, coinciding with the ongoing TRON DeFi Summer S3.From November 21 to 25, there will be an exploration of ecological buyback and destruction with limited gifts to win; from November 26 to December 1, a Thanksgiving wish activity will be initiated; on November 28, a private night for KOLs will be held in Bangkok, and from November 28 to 29, benefits will be distributed on-site at BBW Bangkok. The parade connects ecological segments such as DeFi, stablecoin payments, decentralized networks, oracle services, and AI, continuing all the way to Bangkok Blockchain Week. The first stop will set sail on November 10, with subsequent stops to follow.

DeFi liquidity management layer Delta issued a statement clarifying recent community concerns regarding token sales. The team stated that an OTC transaction was conducted in the early stages of the project, allocating 2.6% of the supply, or 26 million DELTA tokens, to partners in exchange for operational funds and marketing support.Of these, 16.5 million tokens (1.65%) have been sold, while another 9.5 million tokens (0.95%) remain in two receiving wallets. The team acknowledged that no vesting period, lock-up period, or other restrictions were set for the tokens allocated to partners, nor could they control subsequent selling actions.The team stated that after communicating with partners and seeking solutions, both parties failed to reach a consensus. The team also provided detailed on-chain transaction records to demonstrate that the team itself did not directly sell the tokens.

The DeFi yield aggregation protocol ACryptoS announced that due to an attack on the treasury, the deposit function has been disabled, while the withdrawal function remains open. ACryptoS analysis indicates that due to a lack of input validation, attackers only need to deposit a minimal amount of tokens to mint a majority of the shares in the treasury.This attack affected 77 treasuries across 5 chains, resulting in a total loss of approximately $665,000. Currently, the stolen funds have been transferred through multiple cross-chain protocols, and the attackers have been offered a condition to return the funds while keeping a 10% bounty. Additionally, ACryptoS stated that due to the inability to continue maintenance, the project has ceased operations and is urging users to withdraw their assets as soon as possible.

According to The Defiant, the total locked value of the decentralized finance protocol Sky has dropped by 15% within a week.During the same period, the circulating supply of the stablecoin USDS issued by Sky has decreased to 5.59 billion dollars. The Sky.money page shows that the savings interest rate set by governance is 3.8%.

Smart Account Infrastructure Safe indicates that approximately 12.4 billion dollars of assets in its smart account system are deployed within DeFi protocols, with this figure representing the net value after deducting 2.37 billion dollars in loans. Safe is developed from the Gnosis Safe multi-signature wallet, and its accounts are widely used for DAO treasuries and protocol fund management.The third-quarter report released by Safe shows that the total asset scale carried by its smart accounts is 57.64 billion dollars, but the report does not separately list the portion deployed in DeFi. The disclosed figure of 12.4 billion dollars provides the distribution of assets in DeFi for that quarter.

According to official news from Bitget, the Bitget ecosystem tokenized U.S. stock protocol Reality has reached a strategic cooperation with the DeFi reward infrastructure Merkl. Both parties will use Merkl's reward forwarding function to identify the actual holders of rToken deployed in supported DeFi protocols. Users can still receive dividends in stablecoin form according to the rules, even if they use rToken for lending, liquidity pools, or staking in DeFi scenarios.Pablo Veyrat, CEO and co-founder of Merkl, stated that one major challenge facing DeFi assets is how to identify the actual holders behind each position. Merkl's reward forwarding technology can penetrate multiple layers of nested smart contracts to identify the underlying asset holding relationships, ensuring that dividends are accurately distributed to eligible holders.Gracy Chen, CEO of Bitget, stated that the value of tokenized stocks should not be limited to trading. Even if users invest rToken into DeFi applications, they should still be able to continue receiving eligible dividends. This cooperation with Merkl will jointly solve this problem, allowing tokenized stocks to play a greater role in everyday financial applications.According to a report from DeFiLlama, the cumulative trading volume of rToken reached $1.16 billion from June to July 2026; in July 2026, the number of users trading both crypto assets and rToken increased by 23.54% month-over-month. This cooperation will further promote the extension of rToken from trading scenarios to the DeFi ecosystem, enriching the on-chain application scenarios of tokenized stocks.

On November 6, the decentralized over-collateralized stablecoin USDD recently released its monthly transparency report for October 2026. The report shows that as of October 31, the circulation of USDD was approximately 1.5 billion, with reserve assets reaching 2.21 billion USD and a collateralization rate maintained at 146.99%.In October, the average daily minting volume of USDD increased by 10.5% month-on-month. During the period from October 12 to 19, the market capitalization of USDD grew by 180.3 million USD, leading the stablecoin market. On October 12, the circulation of USDD once exceeded 1.81 billion USD, and the Total Value Locked (TVL) surpassed 2.51 billion USD, both setting historical highs.In terms of revenue and ecological development, the investment return of USDD Smart Allocator in October increased by 8.5% month-on-month, with the average daily capital deployment scale growing by 15%. By the end of the month, the cumulative revenue reached 33.59 million USD. Meanwhile, the TVL of USDD Earn on the BNB Chain increased by 62.9% month-on-month. USDD continues to deepen cooperation with platforms such as Binance Wallet, Gate DEX, Morpho, and Pendle, further expanding DeFi revenue scenarios.In addition, the treasury data disclosed by USDD for the third quarter of 2026 shows that the treasury surplus increased by 27.1% month-on-month, and the treasury balance exceeded 30 million USD for the first time. USDD stated that it will continue to promote ecological construction around the two core scenarios of earning and transferring, and will continuously enhance asset transparency through public reserve addresses and on-chain data dashboards.

According to Carlos's monitoring, its old hot wallet was emptied early this morning, suspected to be a large-scale attack initiated by "noble.base.eth," and is believed to be related to the Railway vulnerability. Carlos stated that the transfers were signed by its own wallet, and the incident falls under the category of theft due to mnemonic phrase or private key leakage.Within about 70 minutes, 96 wallets were emptied, and all victim wallets exhibited the same pattern. Carlos advised users holding hot wallets to rotate them immediately. The attacker prioritized using Relay as the withdrawal channel, and Relay subsequently stated that it had banned the related wallets.

DeFi risk management organization Gauntlet has closed the supply queue of its V1 vault, suspended asset allocation, and reduced exposure to LayerZero cross-chain bridge assets following the report of an op-reth vulnerability on certain OP Stack chains. Gauntlet stated that, to its knowledge, there have been no reports of the vulnerability being exploited.The report indicated that clearing the supply queue will prevent new deposits into the vault, but this measure will not close the withdrawal function or the underlying lending market; withdrawals will still depend on the liquidity available in the underlying market. Gauntlet stated that the relevant measures will remain in place until the issue is resolved, but did not provide a specific recovery timeline.Gauntlet is a risk curator for DeFi lending protocols, providing risk management services for vaults on protocols like Morpho, responsible for setting collateral parameters, supply caps, and asset allocation strategies. This adjustment involves its V1 vault operating on the relevant chains.

According to CoinDesk, Kraken's parent company Payward and its asset management clients have purchased an undisclosed number of AAVE tokens through the secondary market, further expanding their presence in the decentralized finance (DeFi) and asset management sectors.This purchase was completed through Payward's affiliated investment fund Digital Asset Special Investments I, LP, and its asset management clients. Payward indicated that it may continue to increase its holdings of AAVE in the future.Payward and Aave are also exploring future collaboration opportunities. Sources say that Payward chose to buy tokens from the secondary market rather than directly from Aave, reflecting the synergy of interests between the two parties and paving the way for subsequent cooperation.CoinDesk previously reported in June that the two parties had discussed a transaction involving 250,000 AAVE tokens and a 15% equity stake in Aave Group, with a valuation of $385 million at that time, but this announcement did not mention the equity transaction.