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Showing posts with the label protocols

Cross-chain DeFi on BNBChain

Cross-Chain DeFi on BNB Chain BNB Chain has emerged as a key player in cross-chain decentralized finance (DeFi), offering fast, low-cost transactions and seamless interoperability. As DeFi expands beyond single-chain ecosystems, BNB Chain is positioning itself as a hub where assets and protocols from multiple blockchains converge. With native support for bridges like Binance Bridge , LayerZero , and Wormhole , users can easily move assets between BNB Chain and networks like Ethereum, Arbitrum, and Avalanche. This cross-chain capability allows for greater liquidity, diversified yield farming, and enhanced capital efficiency. Protocols such as Thena , Synapse , and Stargate are leveraging BNB Chain’s infrastructure to offer cross-chain swaps, liquidity provision, and arbitrage opportunities. DeFi users can stake, lend, or swap assets originating from other chains while benefiting from BNB Chain’s speed and lower fees. The BNB Greenfield and opBNB extensions further boost the chain’s s...

Meme Coin Mania Fires Solana Apps To Record Fees And Revenues

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Apps on the Solana blockchain hit record fees and revenues in the last 24 hours, driven by a surge in activity amid a new wave of meme coin mania following Donald Trump’s election win. Five out of the top 10 protocols in terms of fees in the last 24 hours were on Solana, according to a Nov. 18 post on X by Patrick Scott, who cited data from DefiLlama . The meme coin sector surged another 3.5% to hit a market capitalization of $126 billion in the past day, adding to turbocharged gains last week. Raydium Sets A New Fee Record Raydium, the Solana-based market maker, achieved a record $11.31 million in fees on Nov. 17. Liquid staking protocol Jito also saw a surge in activity during the same day, pushing the decentralized platform’s daily fees to $9.87 million. This marked Jito’s third-highest day of fees as well. Raydium is generating $219MM of annualized protocol revenue. Right now the market is mostly taking a barbell approach (majors and AI/memes) but when the f...

Orbs’ dLIMIT and dTWAP protocols now on PancakeSwap’s decentralized exchange

PancakeSwap, a prominent multi-chain decentralized exchange (DEX), has integrated Orbs’ innovative dLimit and dTWAP protocols , according to information shared with Finbold on April 11. Marking a significant advancement in decentralized finance (DeFi) trading capabilities, the integration enables PancakeSwap traders to employ advanced order types, ensuring guaranteed price execution and breaking down large orders into more manageable trades. The wide application of Orbs’ solutions As the largest DEX by trading volume to embrace this technology, PancakeSwap joins a roster of leading platforms including QuickSwap, SpookySwap, and Thena, in integrating Orbs’ solutions.  Picks for you Key XRP levels to watch for a move towards $1 9 mins ago Dogecoin flies bullish flag as DOGE Day draws near; Targets $0.4 1 hour ago CryptoUK welcomes NexeraID as a partner in crypto privacy-preserving compliance 1 hour ago This is the real danger for the U.S. econ...