Decentralized Finance (DeFi) is becoming a rapidly growing market in the world of blockchain technology. Today, we have exciting news in the world of DeFi that brings promise of more secure and efficient financial transactions.
Bancor, a decentralized liquidity network, has launched its Carbon Automated Market Maker (AMM). Carbon offers new features that include irreversible Range Orders and automated Recurring Strategies. Additionally, Carbon is MEV-resistant, which means that users can rest easy knowing that their transactions will be fully protected.
Iron Fish, another player in the DeFi space, has launched its mainnet. For now, users of Iron Fish will be able to host their own nodes, start mining, as well as mint/burn custom assets or transfer assets within the network. Iron Fish aims to provide a new type of privacy-focused Layer 1 solution for DeFi applications.
Flashbots has unveiled the beta version of its MEV-share tool. MEV-share is incorporated within Flashbots Protect, an RPC tool integrated with users’ wallets. MEV-share protects users against unfavorable frontrunning by giving them more control over their transactions.
ZigZag, a Starknet-based DEX, has launched on Arbitrum. ZigZag has launched its Meta Trade feature that eliminates the need for constant wallet confirmations during trades. The company is also planning to launch on zkSync Era later, once Era supports orderbook support.
1inch, a popular DEX aggregator, has launched on zkSync Era. 1inch will now be able to aggregate orders across various zkSync-based DEXes like GemSwap, SpceFi, SyncSwap, among others.
Berachain, a Cosmos-based Layer 1 blockchain, has raised a $42 million Series A at a $420.69 million valuation. The company also announced that it will be launching an incentivized testnet in the coming weeks.
In conclusion, today’s developments in DeFi applications signals exciting times ahead for the blockchain industry. By improving user protections and offering new technological solutions, these new tools represent the ongoing growth in DeFi and the potential for a brighter future in financial transactions.
