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DeFi

Lombard raises $94.7m for Bard token, targets Bitcoin DeFi

by admin September 4, 2025

Lombard has completed a 1,400% oversubscribed token sale, which it will use to build in the Bitcoin DeFi ecosystem.

Summary

Lombard raised $94.7M in its Bard token public sale past the $6.75M goal
The project builds DeFi functionality on top of the Bitcoin network
The New Liquid Bitcoin Foundation will use the funds for development and ecosystem growth

Bitcoin’s (BTC) DeFi ecosystem is increasingly attracting interest. On Wednesday, September 3, Lombard Finance concluded its Bard token public sale, raising $94.7 million. The fundraising surpassed the goal of $6.75 million by 1,400%, showing a growing interest in Bitcoin DeFi applications.

“The momentum behind the Community Sale was evident throughout, and the result clearly shows belief in Lombard’s ability to drive onchain Bitcoin demand to new highs now and into the future,” said Jacob Phillips, our Co-Founder of Lombard. “We’re pleased to usher in 21,340 new and aligned community members as we deliver against Phase 2 of our roadmap.”

BARD will serve as the governance token for Lombard’s Bitcoin DeFi protocol. Lombard has stated that it will use the additional funds to develop its products and grow its ecosystem. It also says that it hopes adding Bitcoin DeFi capabilities will help bring more users into its ecosystem.

How Lombard’s Bitcoin DeFi works

Lombard is the issuer of the LBTC token, a yield-bearing token backed by Bitcoin. The token generates 1% APY through Bitcoin staking via Babylon Labs. Moreover, the protocol uses a decentralized validator network to avoid the major pitfalls with cross-chain bridges and wrapped tokens.

In particular, traders lost more than $2.8 billion in various blockchain bridge hacks. Moreover, some of these hacks were likely insider rug pulls. For this reason, traders who swap their Bitcoin for any wrapped token should be aware of the potential counterparty risk that comes with it.

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September 4, 2025 0 comments

Crypto Trends

Lido Launches GG Vault for One-Click Access to DeFi Yields

by admin September 3, 2025

The Lido Ecosystem Foundation has rolled out its new GG Vault (GGV), a streamlined solution designed to give crypto users quick and easy access to diversified, high-yield DeFi strategies.

GG Vault, which is now available via the new Earn tab, will automatically deploy user deposits across a basket of trusted DeFi protocols, helping investors earn yield without having to manage multiple positions themselves

With the launch, users can deposit ETH, WETH, stETH, and wstETH, with GGV automatically allocating funds across DeFi protocols like Uniswap, Aave, Euler, Balancer, Gearbox, Fluid, and Morpho. The goal is to simplify what has traditionally been a multi-step process, bringing multiple yield strategies under one roof.

“People want access to higher-rewarding strategies without juggling multiple venues,” said Jakov Buratović, the master of DeFi at the Lido Ecosystem Foundation, in a press release shared with CoinDesk. “GGV in Earn answers that demand by making diversified strategies available in one click, while DVV provides a straightforward path to supporting validator diversity and robustness. Together, they show how Lido is evolving access to both yield opportunities and decentralization.”

Alongside GGV, Lido also launched the Decentralised Validator Vault (DVV), which aims to spread Ethereum’s validation process across more participants. When users deposit into DVV, their funds are routed to different validator networks, helping improve the system’s security and diversity. On top of regular staking rewards, users can also earn extra tokens from the participating validator networks

The new Earn tab consolidates these offerings, providing a unified hub for Lido’s products.

Read more: Lido Proposes a Bold Governance Model to Give stETH Holders a Say in Protocol Decisions

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September 3, 2025 0 comments

Crypto Trends

ETHZilla breaks ground in DeFi with $100m EtherFi restaking play

by admin September 2, 2025

ETHZilla is moving nearly a quarter of its massive ETH treasury off the sidelines and into EtherFi’s liquid restaking protocol. The Nasdaq-listed firm aims to generate yield while simultaneously bolstering the security of Ethereum and its growing ecosystem of services.

Summary

ETHZilla plans to deploy $100 million of its Ethereum treasury into EtherFi’s liquid restaking protocol.
The move represents nearly a quarter of the company’s 102,246 ETH holdings and its first engagement with DeFi.
The Nasdaq-listed firm said it aims to boost treasury yields while supporting Ethereum’s network security.

According to a press release dated September 2, the company plans to deploy approximately $100 million worth of its Ether (ETH) holdings into the EtherFi protocol. The allocation, representing a significant portion of its 102,246 ETH treasury, marks ETHZilla’s inaugural move into decentralized finance protocols.

For a publicly traded entity to engage in liquid restaking, a strategy that involves pledging assets to secure additional services built on Ethereum, signals a growing sophistication and risk tolerance among corporate treasuries.

“Their (ETHZilla) commitment highlights the growing institutional confidence in decentralized protocols and showcases a truly unique method to bridging traditional finance with the innovative power of the Ethereum ecosystem. We are proud to work with ETHZilla to demonstrate the significant value that liquid restaking can bring to forward-thinking treasuries.” EtherFi CEO Mike Silagadze said.

ETHZilla’s foray into liquid restaking

Per the release, ETHZilla is deploying the funds into EtherFi’s liquid restaking protocol to generate higher yields while reinforcing Ethereum’s network security. The partnership represents ETHZilla’s first engagement with decentralized finance protocols, with Executive Chairman McAndrew Rudisill framing it as both a step toward innovation and a measured exercise in prudent asset stewardship.

The company began accumulating Ethereum steadily earlier this year, with total holdings reaching 102,246 ETH at an average acquisition price of $3,948.72, representing roughly $456 million.

This positions the company with a substantial unrealized gain on its core treasury asset. In addition to its crypto holdings, the ETHZilla maintains a war chest of roughly $221 million in USD cash equivalents, providing significant liquidity for future maneuvers or to cover operational expenses without needing to liquidate its ETH position.

A review of the firm’s weekly capital summary captured in the release reveals a period of intense accumulation that has now seemingly paused. After buying 7,600 ETH in the week ending August 24, the company’s ETH acquisition dropped to zero last week, suggesting it had reached its initial accumulation target and was preparing to shift from buying mode to deploying mode.

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September 2, 2025 0 comments

NFT Gaming

Myriad Hits $10M USDC Trading Volume as Prediction Markets Become ‘New Segment of DeFi’

by admin September 2, 2025

Prediction market protocol Myriad has passed $10 million in USDC trading volume with over half a million users, as it builds on its mission to make information itself a tradable asset class.

The protocol’s rapid expansion is “building the rails for prediction markets to evolve beyond a niche crypto product and become an entirely new segment of DeFi,” Loxley Fernandes, co-founder and CEO of Myriad, said in a statement shared with Decrypt.

“Financial markets have always been about speculation, but Myriad is turning speculation into a product,” Fernandes said, adding that Myriad’s success demonstrates that “trading ideas and forecasts is not only possible, it’s the next frontier for capital markets.”

Created by Decrypt and Rug Radio’s parent company DASTAN, Myriad launched its USDC markets in March 2025. In July, Myriad expanded to Ethereum Layer-2 network Linea, marking a key stage in its evolution into a multichain prediction markets protocol designed to power a “new class of DeFi products.”

To date, Myriad users have installed its browser extension over 60,000 times and made more than 5.4 million predictions across categories including sport, politics, culture and crypto—taking in everything from Nvidia’s market cap to how many birds would fly over Texas on a given night.

Myriad continues to develop both its consumer platform and a B2B protocol for other prediction applications. Its future roadmap includes integrations with EigenLayer and EigenCloud, as well as plans for introducing blended oracles and a framework for ERC-PRED, a new asset class designed for prediction markets.

With prediction markets expected to surpass the stock market in the next decade and a half, Myriad is preparing to make prediction markets a pillar of global DeFi. Ultimately, its aim is to do for financial derivatives and predictions what Robinhood did for stocks and securities, Fernandes said—building a protocol that enables users to “tokenize your opinions with just three taps of your finger.”

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September 2, 2025 0 comments

Line chart showing an 8% decline in XLM price against USD on August 28-29 with high trading volume amid institutional selling pressure and partial recovery.

Crypto Trends

Flare Lands Second Public Company For its XRP DeFi Framework

by admin August 29, 2025

XRP’s slow push into institutional finance just picked up another backer.

Data-focused blockchain firm Flare announced on Friday that Everything Blockchain Inc. (OTC: EBZT), a U.S.-listed company, has signed a memorandum of understanding to adopt its XRP finance (XRPFi) framework for corporate treasury yield.

The move comes months after Nasdaq-listed VivoPower International PLC (NASDAQ: VVPR) committed $100 million in XRP to Flare’s ecosystem, making EBZT only the second public company to do so.

The agreements mark early steps in Flare’s effort to turn XRP — historically a non-yielding asset — into a productive instrument for institutions.

At the center of the framework is Flare’s “FAssets” system, a trustless bridge that gives smart contract functionality to tokens like XRP and bitcoin. Combined with Firelight, Flare’s restaking layer, the setup lets companies convert XRP into FXRP and allocate it across decentralized lending, staking and liquidity protocols.

“XRP, now a roughly $150 billion asset, has been a cornerstone of digital finance for more than a decade, yet institutions have had few ways to make it productive,” said Hugo Philion, Flare’s co-founder and CEO.

“Flare changes that by enabling a compliant, on-chain, non-custodial yield framework designed for corporate treasuries. With VivoPower and now Everything Blockchain, public companies are validating that XRPFi is not just a concept but an emerging institutional standard,” he added.

EBZT framed its decision as part of a broader shift in how public companies treat blockchain assets.

“This is about unlocking the true financial utility of digital assets like XRP, not just as speculative holdings, but as yield-bearing instruments that can compound over time,” said Arthur Rozenberg, the company’s CEO. “Flare gives us the rails to do this in a way that meets the governance, security, and auditability standards required of public companies.”

For now, the XRPFi push remains small in dollar terms relative to bitcoin or ether-based treasury pilots.

But two listed companies publicly adopting the model in under a year gives XRP a new narrative: less about speculation, more about yield, and potentially a step toward more mainstream corporate balance sheets.

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August 29, 2025 0 comments

NFT Gaming

aPriori raises $20m to advance high-performance DeFi markets

by admin August 29, 2025

aPriori has raised $20 million, bringing total capital to $30 million. The project, founded by alums from Jump Crypto and Citadel Securities, is building a blockchain-native order flow layer that segments and routes trades intelligently, aiming to reduce inefficiencies and MEV leakage for both traders and LPs.

Summary

aPriori raised $20 million in a strategic funding round, bringing total capital to $30 million.
Investors include HashKey Capital, Pantera Capital, Primitive Ventures, and IMC Trading.
The funds will support the development of a blockchain-native order flow coordination layer.

According to a press release dated August 28, aPriori’s latest round was led by a consortium of heavyweights including HashKey Capital, Pantera Capital, and Primitive Ventures, with participation from IMC Trading, GEM, Gate Labs, Ambush Capital, Big Brain Collective, and others.

aPriori said the capital infusion will fuel the development of aPriori’s core infrastructure, which is being engineered specifically for high-performance Ethereum Virtual Machine environments, with the Monad blockchain as its primary launchpad.

Building the next layer of onchain market infrastructure

The latest $20 million round solidifies aPriori’s financial foundation, elevating its total funding to $30 million, with a majority of it earmarked for deploying the project’s core products, which form an interconnected system designed to fundamentally re-architect how value moves on-chain.

Per the statement, this includes the development of Swapr, an AI-driven DEX aggregator that does more than find the best price; it classifies the intent and potential impact of each trade in real-time. Concurrently, the team is building out its MEV-powered liquid staking protocol, engineered to capture extracted value and redistribute it back to stakers and validators, realigning incentives that are currently fractured.

aPriori noted that its active order flow coordination leverages artificial intelligence to perform instantaneous, real-time classification of incoming trades, segmenting them by quality and forecasting potential adverse selection before routing decisions are made.

This allows the protocol to protect liquidity providers from predatory arbitrage strategies while simultaneously offering tighter spreads to benign traders.

“We built aPriori on the insight that the same mechanisms which protected LPs and improved efficiency, combined with the active engines used at leading HFT firms to combat adverse selection, could be brought on-chain to transform how liquidity and order flow are managed,” aPriori founder Ray Song said.

Why aPriori chose Monad

According to the project, high-performance EVM environments are non-negotiable for this type of infrastructure. Monad’s design, which promises low latency and massively high throughput, removes the computational constraints that have often forced on-chain trading into a trade-off between decentralization, security, and performance.

For aPriori’s AI-driven routing and real-time segmentation to operate as intended, the underlying blockchain must be capable of processing transactions at a speed and scale that matches the demands of institutional-grade trading logic.

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August 29, 2025 0 comments

GameFi Guides

DeFi Dev Corp lifts Solana treasury to $317m with new purchase

by admin August 29, 2025

DeFi Development Corp. has deployed another $77 million from its equity raise into Solana, bringing its total holdings to a staggering 1.83 million tokens. This move intensifies its high-profile bet on crypto as a core corporate asset.

Summary

DeFi Dev Corp boosted its Solana holdings by 29% with a $77 million purchase, lifting reserves to 1.83M SOL worth about $317M.
The newly acquired tokens will be staked across validators, including its own, to generate native yield.
The company reports a Solana-per-share metric of 0.0864, or $17.52, and expects growth to hold despite potential dilution.

According to a press release dated August 28, DeFi Development Corp. has acquired an additional 407,247 Solana (SOL) tokens, valued at approximately $77 million. The purchase, executed at an average price of $188.98 per token, was funded directly from the company’s recent equity financing round.

The latest buy boosts DeFi Development’s total Solana holdings to 1,831,011 tokens, solidifying its unique position as a publicly-traded entity with a treasury primarily denominated in the digital asset. Furthermore, the company confirmed that over $40 million remains available for future SOL acquisitions and treasury operations.

A 29% boost underscores long-term Solana strategy

The latest acquisition represents a 29 percent jump from DeFi Dev Corp’s prior balance of 1.42 million tokens. That increase lifts its Solana exposure to roughly $371 million at current valuations, impacting both market liquidity and perception.

Per the statement, the newly acquired SOL will be held long-term and staked across a variety of validators. Crucially, this includes delegating a portion to DeFi Dev Corp.’s own validator infrastructure. This is a key operational detail that moves beyond passive speculation.

By staking, the company actively generates native yield, aiming to compound its holdings organically through network rewards. This approach transforms their treasury from a static asset into a productive, revenue-generating engine, leveraging crypto-economics directly on its balance sheet.

For equity investors, the most critical metric remains SOL per Share (SPS). The company reports this figure currently stands at 0.0864, meaning each share of DFDV stock is backed by that amount of SOL, or roughly $17.52 at current valuations.

The press release outlines that on a fully diluted basis, accounting for all warrants from the recent financing, the share count would adjust to approximately 31 million. Despite this potential dilution, the company projects that its ongoing accumulation strategy will prevent the SPS from falling below a baseline of 0.0675, signaling confidence in continued per-share growth as it deploys its remaining $40 million war chest.

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August 29, 2025 0 comments

Crypto Trends

DeFi Dev Corp Expands Solana Treasury With $77M Purchase

by admin August 28, 2025

DeFi Development Corp. has made another bet on Solana, expanding its treasury holdings as competition among public firms heats up. The company confirmed on August 28 that it bought 407,247 SOL at an average of $188.98 each.

As per the announcement, the purchase cost roughly $77 million, lifting the company’s total holdings to 1,831,011 SOL. Consequently, DeFi Dev now controls nearly $371 million worth of Solana. The deal comes only weeks after its equity raise that left more than $40 million for future Solana purchases.

The company stressed that the newly acquired tokens will be staked across validators, including its own, to generate additional yield. With the move, the company is committed to long-term building of a treasury that compounds in quantity and value.

Key Shareholder Metrics

DeFi Dev stated that there were about 21 million shares in circulation as of August 28. At current prices, this corresponds to a Solana-per-share ratio of 0.0864, or $17.52. However, a fully diluted basis would expand shares to 31 million.

Even then, management does not expect SPS to drop below 0.0675. Hence, the company reinforced expectations of continued growth despite future warrant conversions.

Additionally, DeFi Dev shares rose sharply on Nasdaq. The stock closed at $16.86, up 10.48% in Tuesday trading, according to Yahoo Finance data. Meanwhile, Solana itself traded at $211.45, with volumes above $14 billion, based on CoinMarketCap.

Institutional Race for Solana

Competition to secure Solana exposure is still high. A Coingecko report earlier this month showed Upexi holding 1.9 million SOL, the largest among public firms. DeFi Dev ranked second then with 1.18 million tokens, but it has since narrowed the gap.

Moreover, Canadian firm SOL Strategies holds 392,667 SOL, while Torrent Capital manages about 40,039 SOL. Together, as per the report, the groups controlled over 3.5 million SOL, worth $591 million, or 0.65% of the circulating supply.

DeFi Dev’s latest purchase signals institutional conviction in Solana’s long-term value. Consequently, public companies are shaping Solana’s market dynamics.

Also Read: Tether to Launch USDT on Bitcoin with RGB and Lightning

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August 28, 2025 0 comments

Crypto Trends

SOL price stalls despite Solana’s DeFi TVL nearing record highs

by admin August 28, 2025

Solana’s DeFi ecosystem has seen explosive growth, nearing all-time high levels, but SOL continues to lag behind.

Summary

Solana’s DeFi TVL is at $11.725 billion, nearing its all-time high in January
Despite that, SOL price is lagging behind, far from the January ATH
DeFi metrics suggest that SOL may continue to lag behind its DeFi ecosystem

Solana (SOL) is attracting near-record amounts of capital, but its price continues to lag behind. On Thursday, August 28, the total DeFi value locked on Solana reached $11.725 billion, near the record figures in January. At the same time, the total stablecoin market cap was at $12 billion, while bridged TVL amounted to $42 billion.

Solana’s DeFi TVL and stablecoin market cap | Source: DeFiLlama

Yet despite strong metrics, SOL’s price is still hovering around $200, far below its January ATH at $294.33. At the time, Solana’s DeFi TVL was near its current August peak, suggesting that DeFi TVL and the price have started to diverge.

Why SOL price lags behind its DeFi ecosystem

At the same time, the fees generated on Solana remain at a relatively modest $1.68 million daily. This is far from the record $28.89 million in January. Low on-chain revenue is the likely reason why SOL lags behind the growth of its DeFi ecosystem.

On-chain fees on Solana | Source: DeFiLlama

Currently, much of Solana’s ecosystem activity goes through platforms that prioritize low cost. This includes DEX aggregators like Jupiter, which accounts for much of the trading activity on Solana. For these protocols, high TVL equals higher liquidity and better trading conditions.

Still, this does not translate to higher revenue for the Solana network, which is one of the key metrics for Solana’s price performance. Higher revenue translates to higher staking rewards, making Solana more valuable. Due to gains in efficiencies, SOL will likely continue to lag behind its DeFi TVL, at least until fees pick up.

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August 28, 2025 0 comments

NFT Gaming

Solana Treasury To See Major Boost With DeFi Dev Corp’s $125 Million Raise Plan

by admin August 27, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Cryptocurrency treasury has grown to be a notable development in this bull market cycle, and Solana is gaining significant interest and attention in this new area of investment. Several companies, both big and small, are consistently making efforts to adopt a SOL treasury due to the altcoin’s robust potential and position in the broader cryptocurrency sector.

A Move Towards Strengthening Solana Treasury

The idea of a Solana treasury is picking up pace at a substantial rate among popular treasury companies in the financial sector. As the move gains traction, DeFi Development Corp has set its sights on strengthening Solana’s financial foundation, unveiling plans to accelerate the growth of its SOL treasury.

In a strategic move, DeFi Dev Corp aims to raise about $125 million in equity to increase and bolster its SOL treasury. “Our goal is straightforward: acquire as much SOL as possible, as quickly as possible, and do it in a way that compounds value per share for our investors,” Joseph Onorati, Chief Executive Officer of DeFi Development Corp, stated.

This initiative is a key attempt to strengthen liquidity, increase network sustainability, and establish Solana as a more robust participant in the developing blockchain market. The move has been filed with the US Securities and Exchange Commission (SEC) via the EX-99.1.

According to the filing, the company is offering to sell 4.2 million shares of its common stock in total at a purchase price of $12.50 per share. Furthermore, 5.7 million shares of its common stock could be acquired through pre-funded warrants at a purchase price of $12.4999 each, with an exercise price of $0.0001 per share.

Afterwards, DeFi Dev Corp will receive a combination of cash and locked SOL as part of the offering, which will support DFDV’s goal of optimizing the growth of Solana per Share (SPS). With this move, DFDV is emerging as a prominent Solana treasury vehicle in public markets due to its on-chain connections throughout the Solana ecosystem and access to institutional capital.

In order to increase the size of its treasury holdings, the net proceeds will be invested in both spot SOL and discounted locked SOL. Considering the discount capture on SOL, the transaction is anticipated to be both NAV/share accretive and SPS accretive, which will accelerate the absolute size of the company’s treasury and the effectiveness of our SPS growth strategy. The filing stated that the transaction is scheduled to end on Thursday, August 28, 2025, subject to customary closing conditions.

Sharps Technology Joining The Play

Sharps Technology Inc. has also announced a similar strategic move. On Monday, the company disclosed its intention to raise over $400 million in a private placement to adopt an SOL treasury. With this initiative, the firm is set to establish the largest Solana digital asset treasury strategy.

The company’s move to adopt a SOL treasury is driven by the Solana ecosystem’s notable growth on a global scale. As SOL continues to receive institutional support for its vision of a single global market for every tradeable asset, Alice Zhang, the Company’s CIO, claims that now is the ideal moment to form a digital asset treasury with SOL.

SOL trading at $202 on the 1D chart | Source: SOLUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

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August 27, 2025 0 comments