TREE NEWS reports: Moonwell, a lending protocol on Base, was exploited, resulting in losses exceeding $4 million in cbBTC. The attack targeted the protocol’s cbBTC market, raising concerns about security in DeFi.
TREE NEWS reports: TermMax, a fixed-rate lending protocol, has received a strategic investment from YZi Labs. The funding aims to support the protocol’s development and expansion in the DeFi sector.
TREE NEWS update: Entropy’s HIP-3 prediction market launch has been a success, with Anthropic market open interest surging to nearly $3M. Critics compare it to Ventuals, but Entropy’s design differences, like lower funding rates and better liquidity, may give it an edge. The outcome depends on its ability to build market confidence and compete with Trade in the pre-IPO space.
TREE NEWS update: 1inch published its bug bounty report for the first half of 2026, detailing findings and rewards. The report highlights the protocol’s security efforts and transparency.
TREE NEWS reports: Data shows that the total open interest of ETH contracts across the network has increased by 5.63% in the past 24 hours. This indicates growing market activity and potential volatility in Ethereum derivatives.
TREE NEWS reports: The points season for perpetual DEXs is entering its second phase, with projects like Variational, Extended, RISEx, Lighter, Entropy, and others offering incentives before token generation events. Variational, with $60M in funding, has OTC points trading at $10-20, while Extended has limited points remaining. Entropy, deploying on Hyperliquid, offers near-zero fees via rebates, and Arcus hints at a future token for dYdX community.
TREE NEWS update: According to HyperliquidNews monitoring, the cumulative trading volume of HIP-3 has surpassed $550 billion, marking a new all-time high. This milestone highlights the growing adoption and activity on the Hyperliquid platform.
TREE NEWS update: Huang Licheng, known as @machibigbrother, has suffered a loss exceeding $16 million on his FRIEND token holdings, which are now worth only $500,000. He has offered $1 million to acquire Friend.tech and plans to restart the platform.
TREE NEWS update: Bitget has launched a ‘Simple Earn’ dual-boost campaign offering up to 10% additional interest on USDT subscriptions. The promotion aims to attract users by enhancing yields on stablecoin deposits.
TREE NEWS reports: Lighter, a perp DEX with a former Citadel quant team, sees its LIT token surge nearly 5x from March lows to $3.8, driven by low float, buybacks, and its unique ZK Rollup architecture that encodes exchange rules into circuits, offering verifiable clearing and Ethereum-level security. With TVL exceeding $1.1B, Lighter’s innovative design and Robinhood partnership position it as a leader in the perp DEX market.
TREE NEWS reports: A new wallet deposited 5 million USDC into Hyperliquid and opened short positions on 8,155 ETH and 247.6 BTC. This significant leveraged trade indicates bearish sentiment on major cryptocurrencies.
TREE NEWS reports: TronBid, a peer-to-peer marketplace for TRON energy and bandwidth, has upgraded to a two-sided market allowing users to create buy and sell orders for these resources. It introduces Quick Rent and Flash Recharge features, plus a B2B API for enterprises to automate energy leasing and reduce USDT TRC-20 transaction fees. TronBid has also become a TRON Super Representative partner, joining the DPoS governance ecosystem.
TREE NEWS reports: An address suspected to be associated with a16z has purchased an additional 282,000 HYPE tokens, bringing its total staked amount to 4.679 million HYPE. This move indicates continued accumulation by a major investor in the Hyperliquid ecosystem.
TREE NEWS update: Data shows Hyperliquid platform whales currently hold $7.038 billion in positions, with a long/short ratio of 0.9. This indicates a slight bearish sentiment among large traders on the platform.
TREE NEWS reports: DefiLlama has unveiled a new universal token rating dashboard that evaluates and scores over 100 DeFi tokens. The tool aims to provide a comprehensive and standardized assessment of tokens across various metrics, enhancing transparency for investors.
TREE NEWS update: Doppler Finance has introduced its native token XDP, with a total supply of 10 billion tokens. The launch marks a significant step for the protocol, aiming to enhance its ecosystem and user engagement.
TREE NEWS reports: Aave has launched early access to its iOS mobile app, allowing users to interact with the protocol on the go. Android and web users will have to wait for a broader rollout.
TREE NEWS reports: Aave has launched early access for its savings app on iOS, allowing users to deposit via bank or stablecoins, while Android and web versions remain waitlisted. The app plans to add swaps and foreign exchange features in 2026, as outlined in a July proposal.
TREE NEWS reports: Better and Coinbase have launched a crypto-backed mortgage product allowing US homebuyers to pledge Bitcoin as collateral for a down payment, avoiding the need to sell their holdings. This integration bridges traditional real estate financing with crypto assets, offering a novel liquidity solution for Bitcoin holders.
TREE NEWS reports: Galaxy has introduced crypto-asset-backed credit lines for retail customers, allowing them to borrow against their digital assets. This move expands Galaxy’s lending services beyond institutional clients, aiming to provide liquidity without requiring asset sales.
Daily briefs, flash news and in-depth research from the TREE NEWS desk — free, straight to your inbox.