Defi Weekly is a column launched by Odaily in conjunction with global DeFi incubator DeFictory, blockchain marketing consulting company WXY, data provider OKLink, and content partner BlockArk. The four sections of market investment and financing information show important changes in the Defi world in the past week.

popular items

popular items

popular items

Kava & HARD

popular items

1INCH

At 23:00 on April 8th, Beijing time, Kava, a cross-chain DeFi protocol based on the Cosmos SDK, completed the Kava 5 mainnet upgrade, which supports floating rate lending and distributes HARD token rewards to asset suppliers and borrowers. Other updates include: Binance cross-chain bridge optimizations, Chainlink oracle integration optimizations, and scalability and performance improvements. In the future Kava 6 mainnet upgrade, Kava will launch the automatic market making service (AMM) and related application platforms; in the Kava 7 mainnet upgrade, the Robo Advisor service (Robo Advisor) and related application platforms will also be launched. Kava's total lock-up volume has now exceeded $300 million.

dYdX

On April 6, dYdX and StarkWare established Layer 2 for general-margin perpetual contracts. Traders can trade with 0 gas fees, lower transaction fees, and minimal transaction sizes. Layer 2 perpetual contracts add more trading pairs, faster withdrawals, and 0x API integration. During the Alpha period, dYdX received more than 110,000 user registration applications and achieved a transaction volume of $90,000,000 in more than 25,000 transactions.

financing information

financing information

Polkadot's ecological multi-chain smart contract platform ParaState completes strategic financing of US$5 million, led by KNS Group

Coin98 Finance Receives USD 4 Million Investment from Alameda Research

Heterogeneous cross-chain solution ChainSwap completes strategic financing of US$3 million, with Alameda, OKEx, NGC and Spark Digital participating

Refinable, an integrated NFT market based on BSC, completed a $3 million private placement financing, with participation from Binance, Mr. Beast, etc.

Encrypted mortgage lending platform Loda raises $3 million, with participation from Dao Ventures and others

Polkadot's DeFi project Equilibrium completes US$2.5 million in Series A financing, with participation from LD Capital and others

NFT project Arkane Network completes seed round financing of 1.55 million euros, led by HTGF

DeFi community feedback project Kianite completes $1.5 million private placement round led by Spark Digital Capital

Yellow Road, a BSC-based user-friendly IDO platform, completes a $500,000 token private placement, with participation from AU21 Capital and others

Black Hole Protocol, a permissionless cross-chain burning agreement, completes strategic financing

NFT trading platform Mintable completes seed round financing, Defi Alliance and others participate in the investment

DeFi visualization tool platform XFai announced 21 strategic investors, including LD Capital and others

Deri Protocol, a decentralized derivatives trading agreement, announced that it has received investment from LD Capital and others

Solana's first IDO platform, Solstarter, has received investment from Alameda, with an undisclosed amount