DeFiLlama

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DeFiLlama is a DeFi yield database focused on DeFi data API and the interpretation of related on-chain or market activity. The product combines treasury and incentive data, DeFi total value locked, and multi-chain protocol analytics, allowing users to move from a broad signal to the addresses, protocols, or market records behind it.

Use DeFiLlama for changes to DeFi data API, research built from transparent data methodology, and product issues affecting how users investigate cross-chain bridge volumes. Exchange pricing and basic transaction search remain separate from DeFiLlama, whose boundary is DeFi data API, transparent data methodology, and protocol-level interpretation of cross-chain bridge volumes.

XRP Faces Liquidity Test as Stablecoin Supply on XRPL Surges

XRP's price rebound and a $1.1 billion stablecoin supply on the XRP Ledger are putting the network's liquidity and value-capture claims under scrutiny as decentralized exchange activity accelerates.

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The Standard Reserve Tests DeFi's Ability to Manage Its Own Assets

The Standard Reserve revives the OHM-style DeFi model by letting protocols own and manage their own reserves, but the experiment exposes risks around token inflation, liquidity, and governance that previous cycles failed to solve

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Binance Anthropic contract signals trillion dollar valuation gap

Binance's pre-IPO perpetual contract for Anthropic traded above $2100 per unit, implying a $2.1 trillion valuation-more than double the company's last reported figure. The contract's mechanics and share estimate drive this headline number.

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Aave Borrow Rate Hike Squeezes Ethena USDe Yield Loops

Aave faces mounting pressure as LlamaRisk pushes to raise USDe borrowing rates across five major markets, threatening the profitability of leveraged sUSDe yield strategies and exposing users to negative returns.

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Gate Trenches and DEXs Force Users to Choose Between Control and Convenience

Gate Trenches lets exchange users trade onchain with fewer wallet steps, while DEXs offer self-custody and direct liquidity access. Both options carry slippage, contract, and network risks that users must weigh before moving assets.

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Layer 2 Profits Expose Ethereum's Settlement Dilemma

Layer 2 networks are raking in sequencer fees and user activity is surging, but Ethereum's protocol value is not keeping pace. The real stakes lie in who controls settlement, data, and lasting ETH demand as L2s rewrite the economics of scaling.

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Bitcoin Holders Face New Risks When Borrowing Without Selling

Bitcoin owners can now access loans without selling their BTC by using custodial tokens on other blockchains. But this approach exposes users to new risks, including reliance on custodians, redemption restrictions, and potential liquidation if prices fall

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Lido Faces Shrinking Share as Institutional Ethereum Staking Surges

Lido's share of new Ethereum staking dropped to 5.7 percent in early 2026 as institutional capital favored alternative routes and fee waivers cut into protocol revenue. The DAO's buyback mechanism now faces a funding squeeze despite network growth.

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Moonwell Bad Debt Plan Cuts Interest but USDC Withdrawals Still Frozen

Moonwell's new proposal could sharply reduce interest on bad debt, but users with USDC deposits remain unable to withdraw funds as the protocol weighs further risk and recovery steps

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Aave V4 Proposal Arms Risk Stewards With One Way Emergency Freeze

Aave DAO is voting on a plan to let Risk Stewards freeze markets instantly in emergencies but not unfreeze them without further approval, raising new questions about protocol control and accountability for users and developers

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Robinhood Chain faces outage as stock token backlash intensifies

Robinhood Chain halted block production for 14 minutes during a surge in onchain stock token activity, triggering legal threats from AMC and raising questions about the risks of tokenizing equities without company involvement

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Teller and Debit AI Reshape Crypto Lending With No Collateral Option

Teller's decentralized protocol and Debit's AI-powered interface now let users pre-qualify for unsecured cash loans or borrow against crypto and tokenized stocks without margin calls, but the model introduces new risks and regulatory questions for U.S. users

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Banks Move to Issue Stablecoins, Redefining Crypto's Financial Role

Major banks are preparing to launch their own dollar-backed stablecoins, aiming to control on-chain payments and settlement. This shift could reshape how dollars move globally and challenge crypto-native issuers' dominance.

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Robinhood's Tokenized Stocks Face DeFi Liquidity Squeeze and Regulatory Heat

Memecoin traders are driving up volumes on Robinhood Chain by pairing tokens with tokenized stocks, exposing thin liquidity, supply bottlenecks, and regulatory uncertainty as traditional and crypto markets collide

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Robinhood Chain Apps See $2.7M in Daily Revenue, But Corporate Cut Unclear

Robinhood Chain applications generated over $2.7 million in revenue in a single day, but most of the fees flowed to third-party protocols, leaving Robinhood's own earnings from the surge largely undisclosed

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Switchboard Oracle Incident Freezes DeFi Vaults on Multiple Networks

A suspected compromise of Switchboard's Move-based oracles led to halted deployments on Aptos, Sui, IOTA, and Movement, triggering liquidations, vault freezes, and user fund restrictions across several DeFi protocols

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Cronos Blockchain Paused After $75M Tectonic Lending Exploit

Cronos halted its blockchain after a major exploit drained $75 million from the Tectonic lending protocol, leaving most stolen funds stranded on-chain and raising urgent questions about protocol risk and user recovery

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DeFi Lenders Tectonic and Moonwell Hit by $83M Price Manipulation Attacks

Two decentralized lending protocols, Tectonic and Moonwell, suffered over $83 million in losses after attackers exploited thinly traded tokens to inflate collateral values and drain liquid assets

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Term Finance Hit by $8.5M Exploit After Governance Takeover

Term Finance suffered an $8.5 million loss after an attacker gained control of its Meta Vaults through a governance exploit, draining nearly all ETH deposits and forcing the protocol to shut down affected products

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Crypto Tokens Explained: How They Work, Risks, and Key Uses

Crypto tokens are digital assets built on existing blockchains, enabling payments, governance, and asset representation. Their programmability brings new opportunities but also introduces security, liquidity, and regulatory risks for users and developers

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How Liquidity Providers Drive Crypto and Financial Market Access

Liquidity providers underpin every crypto and financial market trade, shaping spreads, execution speed, and asset availability. Their role, risks, and business models affect trading costs and market stability for U.S. users and institutions.

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Trump-Backed USD1 Stablecoin Faces Scrutiny Over Hidden Admin Controls

Justin Sun alleges World Liberty Financial's USD1 stablecoin allows privileged operators to move funds from frozen wallets, raising concerns about undisclosed contract powers and transparency gaps as the project seeks U.S. trust bank approval

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How Bitcoin Suisse Uses CoinMarketCap Data for Institutional Indexes

Bitcoin Suisse relies on CoinMarketCap's API to supply real-time crypto market data for its regulated STOXX Digital Asset Blue Chip Index, shaping how institutional investors access and score digital assets

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How Mento's FPMM Model Targets Stablecoin FX Market Gaps

Mento's Fixed Price Market Maker aims to address the limitations of traditional AMMs in stablecoin foreign exchange by anchoring on-chain rates to real-world FX data, targeting use cases like cross-border payments and enterprise settlements

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Robinhood Chain Sets Transaction Record as Stablecoin Shift Drives TVL

Robinhood Chain processed a record 11.6 million daily transactions last week, but user growth remains muted as existing accounts drive activity. A sharp rise in total value locked is linked to a surge in yield-bearing stablecoin deposits.

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Tron Inc. Faces Major Risk as 91% of Assets Locked in JustLend

Tron Inc. has staked nearly all of its TRX treasury through JustLend, leaving over 90% of its assets uninsured and exposed to protocol and smart-contract risks as its holdings continue to grow

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CFTC Order Keeps Kalshi Running as $36B Lawsuit Escalates

A federal order allows Kalshi to keep operating after New York's lawsuit threatened to halt its event contracts nationwide, raising urgent questions about the boundaries between state gambling laws and federal derivatives regulation

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Solana's DeFi Growth Puts Pressure on Ethereum's Market Dominance

Solana is gaining ground in decentralized finance, challenging Ethereum's lead as investors and developers look for faster, lower-cost blockchain solutions. Market forecasts suggest Solana could see significant gains by 2030 if current trends continue

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Tokenized Real-World Assets Gain Traction in Crypto Finance

Tokenized real-world assets are moving onto blockchains, allowing U.S. Treasuries, stocks, and funds to be traded and managed on-chain. This shift is drawing institutional interest and raising new regulatory and liquidity questions

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Drift Protocol Attack Exposes Limits of Multisig Wallet Security

Multisig wallets are designed to prevent single-point failures, but the $285M Drift Protocol exploit shows that valid signatures alone can't stop social engineering or malicious transactions when thresholds are low and oversight is weak

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