Arjun Mukherjee

Major NFT collections like Azuki and Doodles have increased their volume by more than 250% in the last 24 hours.

Convex issues an update to its staking mechanism amidst competition from Yearn Finance and Stake DAO.

Despite months of research, Vader protocol decides to shut down its stablecoin after failing to find a capital-efficient solution.

DefiLlama launches a meta DEX aggregator called LlamaSwap.

Sushi team decides to abandon its Kashi lending and MISO launchpad platforms due to a lack of resources.

Trader Joe expands its services by launching its DEX on the Ethereum-based L2 scaling solution Arbitrum.

Lido Finance overtakes Maker to become the protocol with the highest TVL in DeFi.

2022 marked the biggest year in hacks and exploits for the crypto industry, with over $3 billion stolen.

The upgrade will also bring major improvement to the security and tokenomics of the protocol.

Popsicle Finance is a yield aggregating protocol that was initially launched on Fantom and was part of the “Frog Nation”.

NEAR becomes the first non-EVM chain to be compatible with Metamask.

Sushi DAO concluded its proposal for increasing the treasury payout to 100% with more than 58% votes in favour.

Solana had more than 2000 active developers in the month of November.

The protocol disabled minting last month and the complete shutdown of Ren 1.0 will take place on 20th December.

Maple 2.0 introduces a modular smart contract architecture which makes for better integration with other DeFi protocols.

The bank will be maintaining a 1:1 reserve ratio with US dollars.

The fee switch will reduce the fees accrued to LPs and potentially increase rewards for UNI token holders.