# Сопутствующие статьи по теме DeFi

Новостной центр HTX предлагает последние статьи и углубленный анализ по "DeFi", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Rare Annualized Rate of 400%: Is TradeXYZ Handing Out Money to Oil Bulls?

Amidst volatile oil markets due to geopolitical tensions, Trade.xyz’s WTIOIL-USDC perpetual contract exhibited an unusually negative annualized funding rate of -300% to -400%. This meant long positions received approximately 1% of their position value daily from shorts. The anomaly stemmed from the structure of WTI futures curves in extreme backwardation, where near-month (May) contracts traded at a significant premium to far-month (June) contracts. Trade.xyz’s oracle gradually shifts price weighting from near-month to far-month over five trading days during rollover. Anticipating this decline, traders heavily shorted the perpetual, driving the funding rate deeply negative. Three strategies were discussed: 1. Shorting Trade.xyz’s contract while going long on CME’s far-month futures—initially profitable but later eroded by high funding costs. 2. Shorting far-month futures and longing Trade.xyz’s near-month contract before rollover, which gained traction as arbitrage opportunities emerged. 3. Betting against funding rates via Boros, a rate-trading platform, though limited by low leverage and high slippage. The situation highlights how DeFi traders are adapting to traditional futures mechanics and advanced instruments like rate markets, reflecting the evolving infrastructure of crypto-native trading platforms.

marsbit04/10 08:29

Rare Annualized Rate of 400%: Is TradeXYZ Handing Out Money to Oil Bulls?

marsbit04/10 08:29

Ondo Perps: Bringing Wall Street Prime Brokerage On-Chain?

Ondo Perps aims to bring traditional prime brokerage services on-chain by addressing key limitations in existing DeFi and tokenized stock markets. While crypto-native assets like BTC and ETH have mature derivatives markets, real-world assets (RWA), such as stocks, struggle due to structural flaws: over-reliance on stablecoin collateral, isolated liquidity pools, and inefficient capital utilization. Ondo introduces three innovations: allowing tokenized stocks as direct collateral, implementing cross-asset margin systems similar to traditional portfolio margining, and leveraging off-chain liquidity from traditional exchanges like Nasdaq/NYSE instead of building fragmented on-chain markets. This transforms stocks from static assets into active collateral, improves capital efficiency, and enables unified risk management across asset classes. The platform essentially functions as a multi-asset financial account system, blending decentralized and traditional finance. If successful, it could redefine asset boundaries, enhance institutional participation, and create a more integrated financial ecosystem. However, risks remain around liquidity reliability, complex cross-asset清算, and regulatory uncertainty for tokenized securities. The core question Ondo raises is whether traditional distinctions between "money" and "assets" remain relevant when diverse assets can mutually collateralize and interact in a unified market.

marsbit04/10 06:38

Ondo Perps: Bringing Wall Street Prime Brokerage On-Chain?

marsbit04/10 06:38

WLFI's $75 Million Lending Game: Dolomite Depositors Deeply Trapped

Author: ChandlerZ, Foresight News. On April 9, CoinDesk reported that World Liberty Financial (WLFI), a crypto project co-founded by the Trump family, conducted multiple collateralized loans through the DeFi lending protocol Dolomite, raising market concerns about insider relationships, circular financing, and liquidity risks. WLFI used approximately 5 billion WLFI tokens as collateral on Dolomite to borrow around $75 million in stablecoins, with over $40 million transferred to Coinbase Prime, likely for fiat conversion or OTC trading. Between February and April, WLFI executed a series of transactions, including depositing its own stablecoin (USD1) and WLFI tokens into Dolomite to borrow funds, and directly sending USD1 to Coinbase. Dolomite’s co-founder, Corey Caplan, is also an advisor to WLFI, and WLFI’s lending platform is built on Dolomite, indicating potential conflicts of interest. WLFI now accounts for about 55% of Dolomite’s total supplied liquidity. The USD1 pool has a 93% utilization rate, leaving limited liquidity for other depositors. If WLFI’s token price drops significantly, forced liquidations could cause severe losses for ordinary users. This incident follows previous controversies, including a $500 million investment deal linked to an Abu Dhabi royal, sanctions-related associations, and a prior USD1 depegging event. WLFI responded that there is no liquidation risk and emphasized its business growth, but questions about governance and risk management remain unanswered.

marsbit04/10 06:19

WLFI's $75 Million Lending Game: Dolomite Depositors Deeply Trapped

marsbit04/10 06:19

MakerDAO Transforms and Receives B- Credit Rating, Same Level as Congo Government Bonds

MakerDAO, the decentralized finance lending protocol, and its subDAO Spark are undertaking measures to improve their credit rating in a bid to attract institutional capital. In August, S&P Global Ratings assigned a B- rating to MakerDAO’s USDS and DAI stablecoins, placing them in the "junk bond" category, equivalent to the government bonds of the Democratic Republic of Congo. To enhance its standing, the protocol plans to repackage debt backing USDS, isolate exposure to high-risk yield sources, and introduce junior capital vaults. These structural changes aim to align with traditional finance expectations and mitigate concerns over riskier assets like Ethena’s USDe, which previously received a high-risk weighting from S&P. Spark intends to launch first-loss capital vaults in Q2, offering higher risk but greater returns, similar to junior tranches in traditional structured finance. The move reflects a broader trend among DeFi protocols seeking credibility through ratings from established agencies like S&P, Moody’s, and Fitch, as well as emerging crypto-native firms like Credora. Improving credit ratings is increasingly critical as DeFi aims to capture capital from traditional financial institutions entering the blockchain space.

marsbit04/10 05:30

MakerDAO Transforms and Receives B- Credit Rating, Same Level as Congo Government Bonds

marsbit04/10 05:30

Treasuries and yield funds – Is this the next phase of tokenization?

Tokenized finance is experiencing significant growth, with BNB Chain's tokenized asset market cap reaching a record $16.6 billion, more than doubling year-over-year. The broader tokenized funds market has expanded to $31.9 billion, driven primarily by yield-bearing products rather than simple stablecoins. While Tether and USDC remain the largest issuers, faster growth is occurring among smaller players like Ondo Finance, Maple Finance, and Centrifuge. The trend highlights a shift beyond cash proxies toward income-generating on-chain assets, signaling a new phase in asset tokenization.

ambcrypto04/10 05:05

Treasuries and yield funds – Is this the next phase of tokenization?

ambcrypto04/10 05:05

Crypto Enters the Investment Era: Institutional Entry Reshapes Capital Structure, Revenue and Value Return Become Core Metrics

Cryptocurrency is transitioning from a speculative era dominated by memecoins and "pump-and-dump" schemes to an investment-focused phase driven by institutional adoption and real revenue generation. By 2026, tokens without sustainable income or value accrual mechanisms will struggle, while protocols with proven revenue, strong tokenomics, and holder rewards will dominate. Key metrics like Price-to-Sales (P/S) ratios and annualized holder yield are becoming critical for evaluation. Major institutions (e.g., NYSE, BlackRock) are leveraging blockchain for faster settlements and tokenized assets, accelerating DeFi adoption. However, concentration risk is high: only ~3.5% of protocols generate significant revenue, and the top players often capture most market share. The future may see AI-driven "agent finance" further consolidating activity into high-utility, revenue-generating protocols, leaving others obsolete.

marsbit04/10 03:26

Crypto Enters the Investment Era: Institutional Entry Reshapes Capital Structure, Revenue and Value Return Become Core Metrics

marsbit04/10 03:26

Base Official Selection: 12 Promising Projects Chosen from 1,175 Applications

Base has officially selected 12 standout projects from 1,175 applications for its accelerator program, signaling a strategic focus on high-potential on-chain ecosystems over independent unified stacks outside the OP Superchain. The chosen projects span key sectors including DeFi, prediction markets, AI agents, and payments. Highlights include: BlockRunAI (AI agent infrastructure with x402 pay-per-use payments), a stealth prediction market with novel leverage primitives, 0x4Mica (micropayment clearing for AI agents), Opal DEX (privacy-focused perpetual DEX), TradeOnsight (gamified social prediction platform), Credifi (uncollateralized lending via zkTLS), Tomorrow Loans (creator economy lending), AgentlyHQ (AI agent coordination layer), Nivo Finance (FX hedging for SMEs), JPEGapp (image-based prediction market), Floe Labs (AI agent credit infrastructure), and Liminal (AI-native neobank). Base is positioning itself as a major hub for on-chain innovation this cycle.

marsbit04/10 02:14

Base Official Selection: 12 Promising Projects Chosen from 1,175 Applications

marsbit04/10 02:14

Tok-Edge Debuts ‘Redemption Token’ to Power $21M Crypto Fund Launch

Tok-Edge has introduced the "Redemption Token," a new cryptocurrency class designed to facilitate its $21 million crypto fund launch. The token enables investors to redeem fund shares at net asset value while allowing permissionless trading on public blockchains like Ethereum. The fund, targeting institutional investors, will implement an actively managed strategy across DeFi and liquid crypto assets. Tok-Edge, valued at $15 million, is backed by investors including Marcus Meijer and features an executive team with extensive traditional and crypto finance experience. The Redemption Token model merges blockchain advantages with regulated fund structures, aiming to expand institutional participation in digital asset markets.

TheNewsCrypto04/09 20:36

Tok-Edge Debuts ‘Redemption Token’ to Power $21M Crypto Fund Launch

TheNewsCrypto04/09 20:36

Stablecoins could reach $1.5 quadrillion by 2035 – Here’s how

Stablecoin usage has surged over the past decade, with significant growth accelerated by the passage of the GENIUS Act in 2025, pushing the stablecoin value to $319 billion. According to Chainalysis, adjusted volume rose 133% from 2023 to reach $28 trillion in 2025, with monthly volume hitting a record $7.2 trillion—surpassing major traditional payment channels like U.S. ACH and Visa. Transaction volume exceeded 8.1 trillion through March 2026, and active addresses grew to 51.6 million. Chainalysis projects that, if current growth continues, stablecoin volume could exceed $1.5 quadrillion by 2035, driven by generational wealth transfers ($80–100 trillion moving to crypto-friendly younger generations) and point-of-sale adoption. This would surpass the estimated $1 quadrillion in global cross-border payments. Further adoption, including real-world asset tokenization and supportive legislation like the Clarity Act, could accelerate this trajectory.

ambcrypto04/09 19:04

Stablecoins could reach $1.5 quadrillion by 2035 – Here’s how

ambcrypto04/09 19:04

Enhanced Secures $1M in Strategic Pre-Seed Funding to Bring Structured Yield to More Assets Onchain

Enhanced Labs Inc has secured $1 million in strategic pre-seed funding to expand structured yield products onchain. The round was led by Maximum Frequency Ventures, with participation from GSR, Selini, Flowdesk, and angel investors. The funding will support the development of DeFi solutions that simplify access to sophisticated options and derivatives strategies. Enhanced’s approach focuses on three pillars: improving auction mechanics for competitive yields, extending options-based strategies to more assets (including tokenized real-world assets), and creating an intuitive user experience. The platform aims to meet growing institutional and retail interest in onchain yield and options strategies.

TheNewsCrypto04/09 15:32

Enhanced Secures $1M in Strategic Pre-Seed Funding to Bring Structured Yield to More Assets Onchain

TheNewsCrypto04/09 15:32

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