Sui’s Hashi Plans Bitcoin Lending Launch With $500M Committed
Hashi’s phased October rollout has more than $500 million in commitments, with Anchorage Digital adding custody and self-custody access for institutions.
Decentralized Finance, or DeFi, refers to a financial system built on blockchain technology that operates without traditional intermediaries like banks or brokers. DeFi platforms use smart contracts to offer services such as lending, borrowing, trading, and yield generation. These systems are typically open-source and accessible to anyone with a crypto wallet. While DeFi enables greater financial inclusion and innovation, it also carries risks related to smart contract vulnerabilities and market volatility. DeFi has become one of the most influential sectors in the crypto industry.
Hashi’s phased October rollout has more than $500 million in commitments, with Anchorage Digital adding custody and self-custody access for institutions.
Pyth DAO will use all eligible product receipts to accumulate PYTH, replacing monthly votes as the network reports $11.5 million in annual recurring revenue.
Matt Hougan sees NEAR’s cross-chain trading and confidential computing as foundations for a larger AI-agent economy.
Orca and Loopscale are combining as Formation, pairing Solana trading and lending infrastructure to finance AI, energy, robotics and defense.
Robinhood Chain is live on near.com with ETH, USDG, PONS and CASHCAT, adding confidential transfers and access to liquidity across more than 30 networks.
Ledger Wallet adds USDC and USDT loans against cbBTC or wBTC through Morpho and Yield.xyz, with on-device signing, variable rates and liquidation risk.
Aptos Labs reports up to 55x faster contract execution and 11x higher throughput in internal MonoMove tests, with mainnet targeted for 2027.
Ether.fi USD will use Ethena Whitelabel for reserves, minting and redemption, building on more than $300 million in existing stablecoin balances.
Blast will wind down its Ethereum L2, pause withdrawals to unwind Lido assets and close its withdrawal interface on October 26.
Following the procedural failure of the federal Clarity Act in the Senate, the CFTC submitted a comprehensive rulemaking package to OIRA, signaling a push to establish…