DeFi news

DeFi is the onchain book: lending, AMMs, restaking, and the governance that sets the fees. The desk treats TVL and token slogans as claims to test, not a product category.

Notes here cover Aave, Uniswap, liquid staking, bridges, DAOs, and the valuation questions those protocols actually raise.

Newest first. Every DeFi note on DefiEdge is listed below.

1. Pons Logs $1.4 Million Single-Day Revenue on August 31

   V1 and V2 creator-fee activity produced the record total, with the figure now tied to Odaily reporting.

2. Robinhood Chain Sets New Daily Volume Record on September 1

   Meme coins and stock pairs drove $217.6 million of the $389.5 million total, per third-party dashboards.

3. Ethereum Devnet-9 Tests Network Response to Finality Failure

   The test combines a protocol fork with scenarios where finality cannot be reached.

4. Solana Testnet Activates Transaction V1 for Atomic Operations

   Anza team starts the upgrade on September 1 with a September 9 mainnet target, allowing multi-step cryptographic and DeFi tasks to run as single transactions.

5. Silicon Network Sets Hard Dec. 31 Deadline for $9.75 Million Asset Exit

   The non-custodial Ethereum L2 ended operations on Sept. 2 and will terminate its network and explorer after year-end, leaving unwithdrawn assets unrecoverable.

6. Daedalus 11.3.0 Adds DRep Directory and Delegation Tools on Cardano Mainnet

   Input Output Group ships wallet features that simplify finding and selecting delegates for on-chain governance.

7. Morpho founder says protocol prefers hiring talent over acquiring technology

   Paul Frambot states the lending protocol has received multiple acquisition approaches in the past six months but favors internal development.

8. Coinbase Adds Former xAI and X CFO Anthony Armstrong to Its Board

   The appointment brings finance experience from Musk-linked AI and social-media companies to the exchange operator.

9. Solana Validators Pass SGP-0002 by Narrow Margin

   The measure doubles the annual disinflation rate to 30 percent and shortens the timeline to the 1.5 percent terminal inflation rate by roughly three years.

10. Solana Validators Approve SGP-0002 in First Network-Wide Governance Vote

    Proposal clears 66.667 percent threshold with 67 percent support and doubles the network disinflation rate.

11. World Open-Sources ProveKit Zero-Knowledge Identity Toolkit

    The release makes the proving system already running in World ID available for wider inspection and potential reuse.

12. Cardano Governance Clears Committee Renewal by 0.18% SPO Margin

    DRep and stake-pool votes met thresholds in a Sept. 1 snapshot, but non-participating stake nearly prevented passage and left formal ratification pending.

13. Etherfi founder says Solana neobank incident leaves protocol and funds untouched

    Mike Silagadze states the reported hack has no bearing on etherfi holdings or operations.

14. Aave Savings Rate Rises to 4.5 Percent With No-Lending Design

    Stani Kulechov states the protocol change carries no cooldown or slashing risk and calls the feature an onchain piggy bank.

15. Pumpfun Mobile App Adds Limit Orders

    The update makes the platform the first dedicated memecoin trading app to offer the feature, with EVM chain support planned next.

16. Solana Validators Approve SIMD-0550 to Double Annual Disinflation Rate

    The binding vote passed at 67.001 percent, advancing the network to 1.5 percent terminal inflation three years ahead of the prior schedule.

17. The Graph Foundation Expands Mandate to Direct Protocol Development

    The organization moves from funding and coordination into building, maintaining and scaling the data indexing network.

18. Cronos Rolls Back Chain to Pre-Exploit State After Tectonic Attack

    Validators restored the network to block 90,896,189 to limit losses from the lending protocol incident rather than isolating remediation to Tectonic alone.

19. Offchain Labs Develops Hybrid ZK Path for Arbitrum BoLD

    The upgrade would keep optimistic fraud proofs while adding zero-knowledge confirmations, subject to Arbitrum DAO approval.

20. human.tech and Ika Launch Decentralized MPC Wallet Protocol for AI Agents

    The system splits signing authority across a secure enclave and Ika’s node network to support programmable transaction policies on EVM chains, Sui and Solana.

21. Ontology suspends mainnet block production for security review

    No incident or asset loss confirmed; restart timeline undisclosed

22. Morpho Vaults Stay Non-Custodial via Curator Timelock

    Founder Paul Frambot states that risk increases require a delay window allowing user exits.

23. Cardano Foundation Reports 500,000 Supply-Chain Records Anchored in Production with Blockforce

    Private commercial data remains on Hyperledger Fabric while cryptographic proofs sit on Cardano, after a 92 percent drop in per-record anchoring cost.

24. Solana narrowly votes to issue fewer tokens, faster

    Validators approved SGP-0002 with 67.001 percent support, 0.331 points over a two-thirds supermajority, committing the network to about 18.9 million fewer SOL over six years after Kraken reversed and Galaxy flipped from abstain.

25. Ethereum Validator Queue Reaches 2.059 Million ETH

    Record 42 million ETH already staked as activation backlog creates 35.75-day wait and daily consensus-reward opportunity cost of 141-148 ETH

26. Pumpfun Mobile App Reaches 100,000 Daily Active Users

    Founder Alon Cohen reports the figure for the app alone, with no total platform count or financial details released.

27. Better Mortgage and Coinbase open Bitcoin-collateralized down-payment loans to general availability

    Borrowers pledge Bitcoin at a 40 percent advance rate to Coinbase Prime custody; liquidation occurs only after 60 days of payment delinquency rather than daily price moves.

28. Hyperliquid Founder Jeff Yan States HIP-4 Will Enable Permissionless Market Deployment

    The change follows the next network upgrade, with market templates added through validator votes.

29. Avici Processes Full Refunds Plus 10% Cashback After Solana Card Contract Incident

    The provider states all affected deposit-flow balances have been returned, with partner Rain covering costs and no impact on self-custodial wallets or other functions.

30. NEAR Protocol Sets Privacy Default on near.com

    Co-founder Illia confirms full transition to account-holder visibility for balances, deposits, swaps, yields and payments.

31. Ajna Protocol Detects Exploit on V2 Markets and Urges Users to Exit

    The decentralized lending protocol reported unusual fund movements and advised immediate withdrawals and loan repayments.

32. Solana Governance Passes SGP-0002 to Double Annual Disinflation Rate

    The on-chain vote cleared the required threshold by a narrow margin, accelerating the reduction in new SOL issuance.

33. Solana Validators Complete First On-Chain Governance Vote

    Two of three proposals pass, including a faster reduction in new token issuance; all measures met quorum.

34. Stellar DeFi TVL Falls From $270 Million Peak After Pool Exploit

    An exploit on the Comet AMM BLND-USDC pool tied to Blend protocol drove the decline in total value locked on the Stellar network.

35. Solana Disinflation Rate Doubling Passes by Razor-Thin Margin

    Governance outcome shows close community split on network economic policy

36. Anza activates first Solana storage-cost feature gate

    Protocol team confirms 90% reduction in token-account storage fees; four gates remain.

37. TRON DAO executes Committee Proposal No. 107, implementing GreatVoyage-v4.8.2 protocol upgrade

    TRON DAO official account states that Committee Proposal No. 107 has been executed, implementing GreatVoyage-v4.8.2 protocol upgrade for EVM compatibility with Ethereum Prague and Osaka upgrades.

38. Circle sets CCTP V1 sunset dates for Oct 31 and Dec 1

    Burn limits begin falling Oct 31; contracts pause Dec 1, forcing code changes for remaining legacy USDC cross-chain routes.

39. Stellar Org states Protocol 28 (Adapter) is live on testnet

    Official account confirms testnet deployment ahead of September mainnet upgrade vote