Today in DeFi, we have some exciting updates on various platforms and protocols. Let’s take a look at what’s been happening.
Firstly, Euler, which lost around $200 million in a flash-loan attack on March 13th, has received back around 84% of the stolen funds from the hacker. The negotiations are still ongoing, but it’s a positive sign that some of the funds have been returned.
In other news, Unstoppable Domains is a sponsor of Today in DeFi, and they allow you to own domain names that represent your unique identity or brand on web3. You can register your free domain based on your Twitter handle using their link, which will also give you a discount on further domain purchases.
Moving on, Cosmos-based L1 Noble is now live. In partnership with Circle, Noble is an issuance platform for native USDC in the Cosmos and the IBC ecosystem. This will enable a seamless cross-chain experience for USDC users.
dHedge staking 2.0 is now live on Optimism. Users can manually bridge their Ethereum or Polygon DHT tokens to Optimism following the migration guide for optimized returns and governance voting power.
Loopring has launched staking on L2, allowing users to stake and earn a share of the protocol fees. Staking has a 90-day lock period, but it’s a great way to earn passive income while supporting the Loopring ecosystem.
Lastly, fixed-rate protocol Notional will launch V3 in early June, which will introduce improvements including higher yields for lenders and LPs, better UX, leveraged rate trading, open-term leveraged vaults, and more.
Overall, it’s exciting to see the progress happening in the DeFi space, and these updates show that there are always new and innovative developments on the horizon.