ChainCatcher news, Bitcoin liquidity protocol and stablecoin issuer Yala announced that it has launched its testnet, allowing users to deposit MetaMint YU, manage their positions, and stake their YU to earn BERRIES points.Previous news, Yala completed a $8 million seed round financing, led jointly by Polychain Capital and Ethereal Ventures.

ChainCatcher news, according to Cointelegraph, the liquidity management protocol DeFiEdge has ceased all deposits from its user interface to its strategy contracts as of October 14. The application is integrated with several exchanges, including PancakeSwap, Thena, Camelot, Lynex, QuickSwap, and others.It is reported that its team previously announced on X that they would "suspend" some strategies for the Camelot exchange on the Arbitrum network. They stated that users should withdraw their funds before October 10, as these strategies will no longer be managed after that date.

ChainCatcher news, the DEX and liquidity protocol Cetus announced on platform X that since its establishment, the total trading volume on its platform has reached 10 billion USD.It is reported that Cetus focuses on Move-based ecosystems such as Aptos and Sui. According to data from the Web3 asset data platform RootData, at the end of February this year, Cetus announced on platform X that it had received strategic investment from the Sui Foundation, with the specific amount undisclosed.

ChainCatcher news, according to The Block, the liquidity protocol Ion Protocol for staking and re-staking assets has completed a $4.8 million funding round, with participation from Gumi Capital Cryptos, Robot Ventures, BanklessVC, NGC Ventures, Finality Capital, and SevenX Ventures. So far, its total funding amount has reached $7 million.It is reported that the new funds will be used to support and develop a native yield model called Nucleus, aimed at helping to address the monetization issues of rollups and appchains, and may assist in promoting new use cases for decentralized applications within its ecosystem.

ChainCatcher news, the cross-chain engine and liquidity protocol Symbiosis has received funding support from the TON Foundation, with the specific amount not disclosed. The TON Foundation will assist in enhancing its appeal in the primary market.It is reported that the ZKsync token ZK is now listed on Symbiosis, enabling users to perform cross-chain swaps across more than 30 blockchain networks. Its WebApp will add support for more blockchain networks, and new funds will be used to continue advancing the development of its cross-chain liquidity protocol.

ChainCatcher news, the Bitcoin Layer 2 liquidity protocol LAVA Protocol, aimed at inscription enthusiasts, has announced the launch of its first community points activity "EARLY ACCESS ON LAVA" today. This activity will attract user participation through a no-threshold initial points airdrop. LAVA Protocol will also offer limited-time points bonuses for specific inscriptions, including Bitcoin inscriptions such as Sats and Ordi, while encouraging users to engage deeply in the early stages.During the event, users will have the opportunity to enjoy initial airdrop points, as well as earn up to 15% referral rewards by referring new users. Referring 20 addresses will grant access to the IDO whitelist, and referring more than 150 addresses will earn a PartnerShip round quota.LAVA Protocol aims to establish a Bitcoin-backed Rollup ecosystem through various ecological applications such as cross-chain bridges, AMM protocols, Launchpads, Marketplaces, and collateralized lending. This community points activity not only provides generous incentives for participants but also represents an important step for LAVA Protocol in expanding into the Bitcoin Rollup ecosystem.

ChainCatcher news, the modular liquidity protocol Mitosis announced that it has completed a $7 million financing round, led by Amber Group and Foresight Ventures, with participation from Big Brain Holdings, Folius Ventures, Citizen X, GSR, Cogitent Ventures, No Limit Holdings, Digital Asset Capital Management, Pivot Global, Everstake, as well as angel investors from Zellic, XAI, ether.fi, Hyperlane, Osmosis, DefiLlama, Injective, Keplr, Puffer, Curve, and Interchain.Mitosis's Expedition event Epoch 2 will start at 23:00 Beijing time on May 2, with Epoch 1 having started at 23:00 on April 25.It is reported that Mitosis is a liquidity protocol for the modular era, aiming to redefine cross-chain liquidity. It makes cross-chain LPing more attractive by providing liquidity for cross-chain LPing. Mitosis LPs receive derivative tokens that can be exchanged 1:1 with their locked assets. LPs can use these derivative tokens to participate in various DeFi applications on supported Ethereum L1 chains and L2 Rollups, essentially allowing LPs to earn additional yields on their cross-chain assets based on default fee sharing.

ChainCatcher news, the inscription liquidity protocol SatoshiSync announced the completion of its seed round and private placement financing. Candaq Ventures, MH Ventures, Maven Capital, Covey Network, ZBS Capital, Ape Terminal, Seedify, Chainlink, LayerZero Labs, Core DAO, Rootstock, Portal, and several angel investors participated, with the specific financing amount not yet disclosed.

ChainCatcher news, the DEX and liquidity protocol Cetus based on Sui and Aptos announced on platform X that it has received a strategic investment from the Sui Foundation. The specific amount has not been disclosed.

ChainCatcher news, Ethereum fund flow protocol Superfluid announced the completion of a $5.1 million strategic financing round, led by Fabric Ventures, with participation from Multicoin Capital, IOSG Ventures, Circle Ventures, Safe Foundation, The LAO, Taavet+Sten, and others. This round of financing concluded at the end of last year and has a structure similar to the company's seed round financing, which includes equity with token warrants.It is reported that Superfluid raised $9 million in seed funding in 2021. The strategic financing is nearly three years late and is smaller in scale than the seed financing. Superfluid co-founder and CEO Francesco George Renzi stated that Superfluid has raised the necessary funds, brought in the right investors, and is moving the project to the next stage.In addition, the Superfluid protocol was launched in 2021, allowing crypto projects such as decentralized autonomous organizations to pay recurring salaries and rewards in single-chain transactions using its "super tokens." Super tokens can create cash flows between parties. Today, Superfluid launched the "distribution pool," which can create a fund pool that can be allocated to multiple recipients.

ChainCatcher news, OKX Ventures announced that it will lead the investment in NAVI Protocol, the first native one-stop liquidity protocol on Sui. It allows users to lend and borrow different assets on the Sui network while providing innovative features such as liquid staking and leveraged vaults, offering users efficient, secure, and convenient financial services. The advantage of NAVI Protocol lies in its utilization of Sui's high performance, low cost, and multi-thread optimization, providing users with a smooth user experience and optimized capital efficiency. It also employs multiple security mechanisms, such as health coefficients, isolation modes, supply limits, and reliable oracles, to ensure the safety of users' funds.Dora, the founder of OKX Ventures, stated, "We are very honored to co-lead the investment in NAVI Protocol. NAVI Protocol demonstrates its ability to leverage the immense potential of the SUI ecosystem in the DeFi space and serves as an important infrastructure framework in the rapidly rising decentralized finance world. Since its successful deployment on the Sui mainnet 8 months ago, NAVI Protocol has proven its stability and efficiency, consistently maintaining a leading position in TVL rankings and contributing significantly to the growth and expansion of the Sui ecosystem. Based on Sui's parallel capabilities and the asset-oriented programming features of the Move language, we remain optimistic about the potential for complex applications in its ecosystem, such as derivatives, NFTs, gaming, and AI. In this regard, NAVI Protocol will continue to contribute as a DeFi infrastructure to the Sui ecosystem, promoting the composability and prosperity of DeFi within the Sui ecosystem."

ChainCatcher news, according to official sources, Coded Fi Ltd announced the successful acquisition of the cross-chain liquidity protocol Chainge Finance, with this transaction valuing Chainge at 47 million USD. After the completion of this acquisition, Chainge Finance founder Dejun Qian will join the board of Coded Fi Ltd along with Najam Kidway and Mike Lempres.

ChainCatcher news, Curve ecosystem yield trading liquidity protocol Napier Finance announced the completion of a $1 million Pre-Seed round of financing, with investors including Curve Finance founder Michael Egorov, Convex Finance co-founder C2tP, Convex Finance co-founder Winthorpe, B Dash Ventures, FLICKSHOT, Mrblock (Curve Finance), Charlie (co-founder of DeFiLlama), Brandon Neal (COO of Euler Labs), Sidney Gottlieb (co-founder of Prisma Finance), Jinwoo Park (founder of Hashed/MYTY), and others.It is reported that Napier Finance is built on the Curve pool, and the Napier AMM can optimize fixed-term assets, synchronizing with Curve v2. The NPR token uses the veToken model to control the protocol's protocol fees, fixed-term asset pool parameters, and release amounts, among other things.

ChainCatcher message, SlowMist's Chief Information Security Officer 23pds stated that the DeFi liquidity protocol Balancer has encountered a BGP or DNS hijacking attack, reminding users to pay attention to fund security.

ChainCatcher news, the Move ecosystem DEX and liquidity protocol Cetus have integrated the Sui native central limit order book DEX DeepBook, allowing users to utilize CLMM and CLOB to provide supported liquidity depth and slippage control.

ChainCatcher news, according to Decrypt, Binance Labs has invested $10 million in Helio Protocol to help the protocol continue its transformation into a liquid staking platform. Helio is currently built on the BNB Chain, and this new funding is expected to help the platform expand to other networks, including Ethereum, Arbitrum, and zkSync.According to RootData information, Helio Protocol is the issuer of the over-collateralized stablecoin HAY. In July, Helio announced a partnership and merger with staking provider Synclub, and the newly established foundation will manage the complete revenue streams of Synclub and Helio.

ChainCatcher message, the cross-chain liquidity protocol Stargate based on LayerZero has integrated with Coinbase Layer2 network Base, allowing users to perform cross-chain asset operations between networks supported by Stargate (Ethereum, BNBChain, Polygon, Avalanche, Arbitrum, and Optimism).

According to ChainCatcher news and DeFillama data, the decentralized liquidity protocol Maverick Protocol has reached a trading volume of $86.43 million in the past 24 hours, surpassing exchanges like Trader Joe and Balancer, ranking among the top five in total trading volume across all DeFi protocols on the chain, with a capital efficiency of over 290%. (Source link)

According to ChainCatcher news and Dune data, the daily trading volume of Lido wstETH in the decentralized liquidity protocol Maverick Protocol reached 9.5 million, accounting for 58.1% of the total market trading volume of Lido wstETH. This is nearly double that of Curve and 18 times that of Uniswap, ranking first among all DeFi protocols. (Source link)