ChainCatcher news, according to data disclosed by IntoTheBlock, Aave's lending activity on Ethereum has surged, with net inflows rising to $500 million in the past week. Multiple metrics of the Aave protocol have reached new highs, and the total supply of stablecoins is significantly higher compared to 2021. According to DeFiLlama data, Aave's TVL is currently above the previous bull market period in October 2021, reaching an all-time high of $38.6 billion. The estimated annual revenue for the protocol is $117 million.

ChainCatcher news, according to official sources, the decentralized lending protocol Yei Finance has announced the completion of a $2 million seed round financing. This round was led by Manifold, with participation from DWF Ventures, Kronos Research, Outlier Ventures, Side Door Ventures, and WOO.According to the Web3 asset data platform RootData, [Yei Finance](https://www.rootdata.com/zh/Projects/detail/Yei Finance?k=MTMwNTY= "Currency market on the Sei network") is a currency market on the Sei network. Yei Finance offers a wealth of investment opportunities through its extensive asset coverage, comprehensive risk framework, and detailed token access.

ChainCatcher news, the Aptos ecosystem lending protocol Echelon has published a statement outlining the project's future roadmap. Echelon stated that it will advance the following work in the coming months:Drive TVL growth to over $300 million;Double the number of collateral assets supported by the protocol;Launch the Movement and Inita mainnets;Expand the use cases of RWA, LST, and BTC within the protocol;Introduce the protocol governance token.

ChainCatcher news, Dilation Effect stated in a post that it has discovered a precision loss vulnerability in the core pool series contracts of the Venus lending protocol. When the protocol adds new collateral assets, it becomes very easy for attackers to exploit this vulnerability and drain all funds.Specifically, the VToken contract of the core pool has a division precision loss issue in the redeemUnderlying function when calculating redeemTokens. If the protocol adds new collateral assets on-chain, and the LTV is greater than 0, and the new asset pool is an empty pool (totalSupply=0), when the new asset is mintable, it can be exploited by hackers. This puts all funds within the core pool at risk.Dilation Effect recommends that Venus fully fix this vulnerability (covering all involved chains and pools). Possible methods include rounding up the division result when calculating redeemTokens (recommended), mimicking Uniswap's design using initial_deposit_amount, or directly removing the redeemUnderlying interface, etc.

ChainCatcher news, according to official sources, the Sui ecosystem lending protocol Suilend has announced its tokenomics plan. The total supply of the SEND token is 100 million, distributed using an innovative Mdrop (mature airdrop) mechanism.The specific allocation plan is as follows: 65% for the community, which includes 20% for Suilend Mdrop, 5% for ecosystem Mdrop, and 15% for SAVE Mdrop; 15% for project incentives; 15% for team shares; 20% for investor shares; and 10% for treasury reserves.The project team stated that they will launch the AMM project Steamm, which is deeply integrated with Suilend, in the first quarter of 2025, further improving the DeFi ecosystem layout. Investor tokens will be released linearly over 2 years, while team tokens will adopt a 4-year linear release mechanism.

ChainCatcher news, Slow Mist founder Cosine posted on X that a lending project on FTM, Polter Finance (@polterfinance), was hacked for 12 million dollars due to an "empty market" issue.

ChainCatcher news, based on the BSC Binance Smart Chain decentralized lending and arbitrage technology protocol Panther Protocol has announced the completion of a $3 million seed round financing, led by Pantera Capital, with participation from Panther Capital, SuperMassive, Insignius Capital, and others.It is reported that Panther Protocol is a decentralized non-custodial liquidity protocol where users can participate as suppliers or borrowers. Suppliers provide liquidity to the market while earning interest, and borrowers can obtain liquidity by providing collateral that exceeds the loan amount.

ChainCatcher news, the total locked value (TVL) of the Sui ecosystem lending protocol Scallop has surpassed 150 million USD, with a total lending amount of 80 million USD and a trading volume of 47 million USD.In addition, according to data from CoinMarketCap, Scallop's native token $SCA has seen a significant increase in the past two weeks, with the token price nearly doubling.

ChainCatcher News, Bitcoin full-chain lending protocol Blend recently announced the completion of its seed round financing. This round was led by well-known investor Mario Nawfal and the IBC Group, with participation from the Hackquest Community Fund. The specific amount and valuation have not been disclosed. At the same time, Blend has also been selected for the Open Campus accelerator supported by Animoca Brands and Hackquest, as well as the BTC Studio initiated by Wanwu Island and Waterdrop Capital.It is reported that Blend is a full-chain lending protocol aimed at Bitcoin assets, dedicated to providing efficient liquidity solutions for users by introducing Bitcoin as collateral. Blend plans to first deploy its protocol on public chains such as Arbitrum and Base, and will connect to decentralized Bitcoin asset solutions like dlcBTC, further unlocking the earning potential of Bitcoin and promoting its deep application in the DeFi field.Mario Nawfal is a well-known entrepreneur and investor in the United States. His Twitter Spaces have invited global political and business leaders and renowned investors, including Elon Musk and former Brazilian President Jair Bolsonaro. It is reported that Blend plans to co-host a Twitter Space event with Mario Nawfal to promote its lending protocol to the senior Bitcoin user community in the United States, further expanding Blend's influence in the cryptocurrency community.

ChainCatcher news, Euler has launched the v2 modular DeFi lending protocol. Unlike Euler v1 (which is similar to DeFi lending protocols like Compound and Aave), v2 has been redeveloped as a "meta-lending protocol." It aims to enable builders to create highly customizable lending vaults and open up on-chain credit use cases, addressing the fragmentation and capital inefficiency issues of isolated lending markets.Michael Bentley, CEO of Euler Labs, stated that before returning to the company, Euler had undergone 31 audits from firms such as Certora, Omniscia, OtterSec, Open Zeppelin, and Trail Of Bits, and a bug bounty program will be launched this week.It is reported that on March 13, 2023, Euler Finance suffered a hack, resulting in losses of up to $197 million, but after successful negotiations, the hacker returned all stolen funds in early April.

ChainCatcher news, according to CoinDesk, the modular protocol Curvance, aimed at optimizing liquidity management, has launched its public testnet on Ethereum's Sepolia, Arbitrum's Sepolia, and Berachain's bArtio V2.The team stated, "The public testnet is the last chance to provide feedback, and most importantly, participants can earn some Bytes. Public testers in the Curvance testnet can collect up to 300 Bytes."

ChainCatcher news, the decentralized lending protocol Avalon Labs has launched an on-chain CeDeFi lending platform, offering stablecoin supply at a fixed interest rate of 8%. The platform allows borrowers to repay loans at any time without penalties.According to RootData, Avalon Finance is a decentralized lending protocol based on the Merlin Chain. It consists of three key components: over-collateralized lending, derivatives trading related to lending, and algorithmic stablecoins based on lending.

ChainCatcher news, the Blast ecosystem lending protocol Pac Finance announced the distribution of the second round of Blast points. Based on the asset holdings from July 12 to July 23, users can allocate a total of over 118 million Blast points.

ChainCatcher news, the DeFi lending protocol Clearpool has launched on Arbitrum and has already issued a loan of $18 million to Flow Traders and liquidity provider Bastion Trading.Clearpool has also received ARB token funding from the Arbitrum Foundation to support the development and technical advancement of the protocol.

ChainCatcher news, according to official sources, cryptocurrency custody service company Zodia Custody, supported by Standard Chartered Bank, SBI Holdings, Northern Trust, and National Australia Bank, has established a partnership with cryptocurrency lending expert Maple Finance.

ChainCatcher news, the Blast ecosystem DeFi lending protocol Pac Finance has announced the completion of a million-dollar financing round, led by Manifold and Mapleblock, with Polychain holding a stake and several angel investors participating.Pac Finance stated that the new funding will be used for further development of the protocol, including market expansion, team growth, operational expenses, product development, and innovation.Additionally, with the TGE approaching, Pac Finance is set to release details of the Pac token airdrop.According to the Web3 asset data platform RootData, Pac Finance is a DeFi lending protocol on the Blast network that operates on a non-custodial and permissionless basis. Its core functions include lending, swapping, and staking, aiming to provide flexible and efficient services for a wide range of financial needs within the decentralized finance ecosystem.

ChainCatcher news, since the launch of the SEI ecosystem lending protocol Yei Finance on June 5, the TVL has exceeded 32 million USD, with a market size of 156 million USD, and 1.32 million SEI incentives have been issued. On June 26, all pools reached the lending cap of 105 million USD, and on June 27 at 23:00, after the cap was raised, the USDT pool reached the lending cap of 75 million USD within 4 hours. Yei Finance has also recently launched an airdrop points system.

ChainCatcher news, the DeFi lending protocol Morpho Labs has announced that it is now live on Base. Users can utilize MetaMorpho Vaults to earn yields, borrow assets from Morpho Markets, and build based on Morpho Stack.

ChainCatcher news, the multi-chain lending protocol ZeroLend has now integrated with the OKX Web3 wallet. Users can earn yields through lending, staking, and other activities on ZeroLend via the OKX Web3 wallet. ZeroLend is a lending protocol on zkSync and has also supported networks such as Manta Network, Blast, Linea, and Ethereum. Its ecosystem consists of DeFi lending, the stablecoin ONEZ, the governance token ZERO, support for real-world assets, account abstraction, and a privacy layer using zkStack.It is reported that the OKX Web3 wallet is a one-stop Web3 entry point, now supporting over 95 public chains, with a unified experience across app, plugin, and web, covering five major areas: wallet, DEX, DeFi, NFT marketplace, and DApp exploration, and has launched a trading market for Bitcoin inscriptions and runes.

ChainCatcher news, Shell Finance will launch its Genesis NFT: Darkman on Magic Eden at 20:00 (UTC+8) on June 11, with a total supply of 5000. The first phase is a whitelist Freemint (20:00-22:00), and the second phase is open to holders of 10 blue-chip project NFT collections such as NodeMonkes, Bitcoin Puppets, and Blobs.It is reported that Shell Finance is a Peer-to-Pool lending protocol based on the Bitcoin network, built on PSBT and DLC technology. As the first NFT with Bitcoin DeFi attributes, holders of the Shell Genesis NFT enjoy various rights, including discounts on lending fees and airdrops from future Bitcoin ecosystem-related projects.