New Trend in DeFi: The Arrival of Stablecoin Season and the Heating Up of Superchain Narratives

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Latest Trends in the DeFi Field: Stablecoin Season and Super Chain Narrative

This week, the DeFi industry has shown two major trends: the arrival of stablecoin season and the continued fermentation of the superchain narrative. Multiple projects are collaborating in the stablecoin field, while the superchain ecosystem welcomes new members. Let's take a look back at the important developments in the DeFi world over the past week.

Important developments in the DeFi space in the past week: Ethena ignites the stablecoin season, INK joins the OP superchain

Stablecoin Season is Here

Ethena and Usual join hands to move forward

Ethena has launched the USDtb stablecoin supported by a well-known asset management company. The collaboration with Usual has brought significant total locked value (TVL) growth and incentives for both parties. Moreover, Ethena has also partnered with WLFI to integrate sUSDe into the lending market.

Unlike the past stablecoin wars, this round of stablecoin projects shows a clear trend of collaboration, appearing more mature and stable. Usual has adopted a multi-party game-theory embedded stablecoin mining mechanism, which is similar to the liquidity mining model of the early DeFi summer, but has innovations in aspects such as the RWA concept, the sophistication of the game model, and the liquidity exit channels.

Important developments in the DeFi space over the past week: Ethena sparks the stablecoin season, INK joins the OP Superchain

Resolv TVL rapid growth

Resolv, as another delta-neutral stablecoin protocol, has seen its TVL grow by nearly 400% in the past two weeks. The protocol introduces the RLP( risk liquidity provider ) concept as an insurance layer between the USR stablecoin and the underlying assets, absorbing market volatility risks. The design of RLP and USR targets users with different risk preferences, achieving risk stratification.

The Reshaping Journey of Frax

Frax is undertaking a series of important initiatives:

  1. Collaborate with Symbiotic
  2. Launching the veFRAX multi-yield structure
  3. Propose to use an ETF product from a well-known asset management company as collateral for Frax USD.

Important developments in the DeFi sector over the past week: Ethena kicks off the stablecoin season, INK joins the OP Superchain

The Narrative of the Super Chain Continues to Develop

Ink joins the Super Chain camp

The Ink public chain developed by a certain trading platform has officially launched its mainnet and joined the super chain ecosystem. Dinero has subsequently launched the first LST (liquid staking token) on Ink. In addition, a certain DEX plans to integrate into the Ink network in 2025 and has purchased and locked a large amount of governance tokens of that DEX.

Regulated exchanges developing their own L2 networks are expected to become a trend in the coming years. With the success of a certain well-known L2 project, market expectations for Ink have also risen significantly. A certain DEX, as the liquidity center of the super chain, may adopt a horizontal expansion strategy to occupy the ecosystems of other super chain members.

Recent important developments in the DeFi sector over the past week: Ethena sparks stablecoin season, INK joins the OP Superchain

Other Decentralized Finance Updates

  1. A well-known protocol collaborated with another protocol to launch the decentralized stablecoin protocol Resupply, introducing the reUSD stablecoin.

  2. GammaSwap's Yield Token is about to complete development and enter the audit phase. This project focuses on hedging impermanent loss, lending LP tokens, and splitting and restructuring them.

  3. Ethena has proposed a new plan to consider integrating a certain options and perpetual futures trading platform.

  4. A public chain project is undergoing high-level adjustments, and the new CEO stated that more emphasis will be placed on the development of Decentralized Finance.

  5. A cross-chain project incentivizes mBTC-BTC liquidity on multiple public chains and DEXs.

  6. A high-efficiency DEX expands to the Arbitrum network and implements growth incentives.

  7. A certain public chain foundation has launched a new infrastructure construction plan, focusing on the AI field.

  8. Multiple DeFi projects have announced cross-chain expansion plans, including DEX aggregators, lending protocols, and more.

  9. The new emerging L2 network has launched its mainnet, integrating multiple Decentralized Finance features and ecosystem projects.

Recent important developments in the DeFi sector: Ethena ignites the stablecoin season, INK joins the OP superchain

The DeFi sector continues to innovate, with stablecoins and the L2 track remaining current hotspots for development. The trend of collaboration and integration among various projects is evident, promising to provide users with a richer and more efficient financial service experience.

Important developments in the DeFi sector in the past week: Ethena sparks a stablecoin season, INK joins the OP superchain

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OldLeekMastervip
· 08-16 09:03
No more talking, let's just go all in on stablecoins.
View OriginalReply0
PhantomMinervip
· 08-16 09:02
Stablecoin? Mining is better.
View OriginalReply0
ContractFreelancervip
· 08-16 09:00
Are we being played for suckers again?
View OriginalReply0
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