DeFi news

10:03 DeFi

Uniswap readies votes to add v4 and Robinhood Chain fees to UNI burn system

Uniswap to vote on v4 and Robinhood Chain fees tied to UNI burns Uniswap governance is preparing two votes that would route new protocol fees from v4 pools and Robinhood Chain’s v2 and v3 deployments into the existing UNI burn system. The v4 proposal covers selected pools on Ethereum, Arbitrum, Base, BNB Chain, Polygon, Optimism and Robinhood Chain, while the Robinhood Chain vote follows Uniswap volume on the network passing $6 billion by July 10.

19:16 DeFi

Morpho says fixed-rate lending protocol Midnight will launch publicly on Base in coming days

Morpho Midnight to launch publicly in coming days on Base Morpho said its fixed-rate, fixed-term lending protocol Midnight will exit beta and go live “in the coming days,” starting with a single cbBTC/USDC market on Base across multiple maturities. Day-one trading is limited to direct lenders and borrowers as the protocol is stress-tested live, but multi-market offers will be available at launch so liquidity providers can quote across multiple isolated markets at once.

15:16 DeFi

Aave V4 proposes Round 10 cap increases on Ethereum as deposits climb to $262M

Aave V4 implements Round 10 cap increases via Security Council Aave V4 has executed Round 10 of its Add Cap and Draw Cap adjustments through the Aave Security Council, lifting total Add Cap capacity by about $29 million to roughly $618 million. The update targets constrained markets after deposits rose 9% week over week to about $262.2 million, with key increases including USDC, WETH and cbBTC on Core, WETH on Prime, sUSDe on Plus, and the USDG credit line from $15 million to $20 million.

11:47 DeFi

Aave proposal would add Maple’s syrupUSDG as collateral on V4 Global Dollar Hub

LlamaRisk backs syrupUSDG for Aave V4, with liquidity condition LlamaRisk said it supports onboarding Maple’s yield-bearing stablecoin syrupUSDG to Aave V4’s Global Dollar Hub, but only after sufficient Ethereum DEX liquidity is bootstrapped. The proposed setup would list syrupUSDG as collateral-only alongside native USDG, while the 90.7M USDG vault remains backed mainly by BTC-collateralized institutional loans with a portfolio-weighted collateralization ratio of about 1.46x. The review flagged key risks including no current Ethereum DEX liquidity, off-chain underwriting and collateral management by Maple, and recommended multisig controls for GovernorTimelock wallets unless secured by MP

04:15 DeFi

Aave launches V4 on Avalanche in first move beyond Ethereum for tokenized asset lending

Aave expands V4 to Avalanche in first launch beyond Ethereum Aave has deployed V4 on Avalanche, its first expansion beyond Ethereum, as it targets institutional lending tied to tokenized assets. The new hub-and-spoke architecture isolates liquidity and risk across dedicated markets, with planned support for tokenized U.S. Treasuries, money market funds, private credit and corporate bonds. Avalanche is backing the rollout with a $15 million performance-based incentive program.

22:47 DeFi

Hyperion DeFi Commits 500,000 Staked HYPE to Skew for Hyperliquid Market Launch

Hyperion DeFi commits $33.6M in staked HYPE to Skew for Hyperliquid markets Nasdaq-listed Hyperion DeFi has signed a HAUS agreement with Skew Technologies and will deploy 500,000 staked HYPE, worth about $33.59 million, to support new institutional markets on Hyperliquid, The Block reported. Skew plans to use the bond to launch perpetual futures products on Hyperliquid’s HIP-3 permissionless market, while Hyperion will receive an equity stake in Skew and a share of market operating revenue.

16:46 DeFi

Curve deploys Llamalend v2 on Ethereum, with borrowing to open after DAO approvals

Llamalend v2 goes live on Ethereum Curve has deployed Llamalend v2 on Ethereum after its first production rollout on Optimism, expanding lending beyond markets that require crvUSD on one side. The upgrade lets supported borrowed assets and collateral types, including Curve LP tokens, be used in isolated markets with their own oracle, caps and risk settings. Initial Ethereum markets start with zero borrow caps, and borrowing will open market by market after Curve DAO approvals.

15:01 DeFi

L2Beat Removes $7 Billion in Non-Circulating RAIN From Arbitrum TVS

L2Beat cuts $7B in RAIN from Arbitrum TVS L2Beat removed about $7 billion in non-circulating RAIN from Arbitrum’s Total Value Secured after finding the tokens were held in project-controlled multisig wallets and should not have been counted. The drop was a methodology change, not an exploit or withdrawal. About $2.6 billion in RAIN still remains in Arbitrum’s TVS, ahead of roughly $2.5 billion in USDC and $1.4 billion in ETH.

07:46 DeFi

Aave raises V3 caps for USDe, FBTC and cbETH after reserves near utilization limits

Aave executes Risk Steward cap increases for USDe, FBTC and cbETH Aave has implemented Risk Steward parameter changes across V3 markets after utilization ran high on several reserves. On Aave V3 Core, USDe’s supply cap was raised from 626,000,000 to 751,200,000 and its borrow cap from 366,000,000 to 475,800,000; on V3 Mantle, FBTC’s supply cap doubled from 50 to 100; and on V3 Base, cbETH’s supply cap increased from 39,900 to 50,000.

21:32 DeFi

Robinhood Chain Passes $800M in DEX Volume as Meme Coins Dominate Early Activity

Robinhood Chain tops $800M in daily DEX volume, but memes dominate activity Robinhood Chain cleared about $819 million in 24-hour DEX volume on Tuesday, just two weeks after its July 1 launch on Arbitrum, briefly overtaking Ethereum a day earlier. Artemis CEO Jon Ma said the start is strong — citing 300,000+ daily active addresses, about $300 million TVL and roughly $40 million in annualized fees — but warned most trading is still in meme coins rather than the tokenized stocks and RWAs the network launched to support.

11:01 DeFi

Uniswap votes may connect Robinhood Chain fees to UNI burns

Uniswap votes could tie Robinhood Chain trading to UNI burns Uniswap founder Hayden Adams said July 12 the protocol is generating about $5.2 million in daily fees, driven largely by Robinhood Chain, where Uniswap trading hit roughly $500 million a day within eight days of launch and topped $1 billion cumulatively by July 10. Governance is now weighing whether to extend UNIfication fee-to-burn mechanics to v4 pools and apply protocol fees on Robinhood Chain, moves that could route this new revenue into UNI burns.

10:48 DeFi

Aave stewards raise PT-USDG cap on Ethereum as deposits outgrow prior limit

Aave V4 stewards move to raise PT-USDG supply cap on Ethereum Aave’s V4 activation process on Ethereum is in another round of cap adjustments, with recent deposit growth tied to PT-USDG-24SEP2026 on the Global Dollar Hub rather than any exploit. The spoke held about 18.62M PT-USDG as of today, roughly 60.8% of the token’s 30.6M total supply, above the previous 15M cap; because the asset is used as collateral only, a supply-cap increase without a borrow-side change is the expected response.

18:20 DeFi

Aave Labs seeks Avalanche launch for V4 with up to $15 million in incentives

Aave V4 expansion to Avalanche proposed with $15M incentive package Aave Labs has proposed activating Aave V4 on Avalanche, starting with one Liquidity Hub and three Spokes under the protocol’s Hub-and-Spoke architecture. The plan includes Avalanche Foundation incentives of up to $15 million tied to launch milestones and growth KPIs, with an RWA hub slated for a later phase. The proposal now moves to community feedback, risk review by LlamaRisk, then ARFC Snapshot and a final AIP vote if approved.

18:20 DeFi

Aave governance feedback supports standardized technical framework for asset listings

Aave community backs Technical Asset Listing Framework Aave community feedback supports introducing a standardized Technical Asset Listing Framework to set a common technical baseline for new listings across chains and asset types. The proposal would separate technical eligibility from market risk while keeping coordination between technical reviewers, risk providers, and governance, with focus on continuous monitoring, oracle quality, bridge security, deployment-specific reviews, and privileged access controls.

18:20 DeFi

Aave DAO Clears V3 Deployment Steps for zkSync Era Expansion

Aave DAO approves Aave V3 deployment steps for zkSync Era Aave DAO approved steps to deploy Aave V3 on zkSync Era, extending the lending protocol to another ZK-rollup network. The move brings Aave’s borrowing and lending markets into a lower-cost scaling environment and adds to its multi-chain expansion, though the article notes initial pool parameters will determine how quickly meaningful liquidity builds.

18:20 DeFi

Uniswap Seeks DAO Approval to Activate Protocol Fees on Select v4 Pool Families

Uniswap Labs proposes protocol fees for select Uniswap v4 pools Uniswap Labs on July 7 asked UNI holders to approve protocol fees for a subset of Uniswap v4 pools, extending the UNIfication fee rollout to the new pool architecture. The five-day Snapshot vote runs July 7-12, with two parallel onchain votes planned for the week of July 13 because GovernorBravo can handle only 10 actions per proposal. Fees would apply only to three v4 pool families, with proceeds continuing to fund UNI burns.

18:20 DeFi

LlamaRisk proposes targeted Round 10 cap increases for Aave V4 on Ethereum

LlamaRisk proposes Round 10 cap increase for Aave V4 LlamaRisk has recommended a targeted 10th round of Add Cap and Draw Cap changes for Aave V4 after deposits across its four hubs rose 9% in a week to about $262.2 million. The proposal would add roughly $29 million in Add Cap capacity, lifting the ceiling from about $588 million to $618 million, with Core taking $24 million as USDG and cbBTC on Core reached 89% and 87% utilization. The USDG credit line on Global Dollar Hub would also rise to $20 million from $15 million.