DefiLlama data shows derivatives contribute heavily to DeFi’s $1 billion-plus quarterly revenue as lending and trading infrastructure converge.
Ezra Reguerra
Ezra Reguerra is a staff writer at Cointelegraph. He has been reporting for the publication since 2021, contributing news articles, feature stories, and interviews on blockchain and digital asset–related topics. His work focuses on Web3 culture, emerging technologies, and broader industry developments. He holds a Bachelor of Arts degree in broadcast journalism, communication, and media studies.
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Grvt integrates Aave so traders can earn yield on perp collateral - News
Gate secures Maltese payments license to expand EU fiat and stablecoin services The license allows Gate to execute payment transactions in the EU, including direct debits and credit transfers under PSD2 rules.
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Aave governance dispute escalates as ACI and Aave Labs publish dueling reports Competing reports outline contrasting views on protocol revenue, development and funding accountability.
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Hong Kong to link new digital bond platform with regional tokenization hubs Hong Kong will build a digital asset platform for tokenized bond issuance and settlement, while moving ahead with stablecoin licensing and CARF.
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Tether-backed Oobit adds crypto-to-bank transfers for local payment networks The Tether-backed crypto payments app is expanding beyond retail spending with wallet-based off-ramps into domestic banking rails.
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Smarter Web adds $30M Coinbase credit line to speed Bitcoin buys after fundraises The UK-listed Bitcoin treasury company says the facility will bridge equity settlements, enabling faster Bitcoin purchases during volatile markets.
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Curve founder says DeFi must ditch token emissions for real revenue Curve founder Michael Egorov told Cointelegraph that protocols cannot “live without real revenues flowing” as token incentives lose power to attract liquidity.
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Strategy adds 592 BTC for $40M in 100th Bitcoin purchase Strategy’s latest buy lifts its Bitcoin treasury to 717,722 BTC, deepening exposure below its average cost basis, funded through an at-the-market share sale.
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Bank of Korea renews call for bank-led won stablecoins as bill stalls The Bank of Korea proposed a bank-led consortium and a statutory interagency body for issuer approvals, citing the US GENIUS Act as a model, according to local media.
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Crypto CEO gets 20 years for $200M Bitcoin Ponzi scheme A federal judge sentenced PGI founder Ramil Palafox to 20 years in prison for running a Bitcoin Ponzi scheme that raised over $200 million from customers between 2019 and 2021.
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Aave Labs seeks $50M grant to redirect product revenue to DAO Some community members questioned the size of the $50 million package and warned that the proposed AAVE token grant could concentrate voting power.
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Bitcoin miner outflows spike in January, but public sales remain limited Onchain data shows nearly 49,000 BTC moved from miner wallets in two days, but public disclosures suggest the transfers do not reflect broad capitulation.
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Gen Z flirts with crypto to pay for dates this Valentine’s, survey finds An OKX-commissioned Pollfish survey finds 13% of Gen Z have paid for dates with crypto, while many non-users cite a lack of a direct way to do so.
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Africa records highest stablecoin conversion spreads, data shows Data observed across 66 corridors in Africa shows conversion costs from 1.5% to 19% in January, with competition driving pricing gaps.
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Hong Kong greenlights crypto margin financing and perpetual trading Hong Kong’s SFC will allow licensed brokers to offer digital asset margin financing and set a framework for crypto perpetuals for professionals.
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Uniswap scores early win as US judge dismisses Bancor patent suit The court granted Uniswap’s motion to dismiss without prejudice, allowing plaintiffs 21 days to amend before the dismissal becomes final.
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Solana treasuries sitting on over $1.5B in paper SOL losses Public companies that amassed large Solana positions in 2025 have paused accumulation as equity markets reprice SOL-heavy balance sheets.
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Vitalik draws line between ‘real DeFi’ and centralized yield stablecoins The Ethereum co-founder outlined alternative stablecoin models that he says better align with DeFi’s original promise of risk decentralization.
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Crypto guarantee service Xinbi processed $17.9B after Telegram ban: TRM Labs TRM Labs says the $17.9 billion figure reflects gross onchain volume, including internal transfers, not confirmed illicit proceeds.
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South Korea expands crypto market probes after Bithumb Bitcoin blunder South Korea’s financial watchdog detailed planned investigations into high-risk trading tactics as it prepares the next phase of crypto regulation, Yonhap News Agency reported.
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NFT market cap slides back to 2021 pre-hype levels, near $1.5B NFT valuations have slid back to pre-2021 levels as minting expands, sales fall and major platforms exit amid a prolonged market downturn.
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Pump.fun moves deeper into trading infrastructure with Vyper acquisition The deal adds analytics and execution tools to Pump.fun’s ecosystem as Vyper winds down its standalone product and migrates users to Terminal.
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AI surveillance marks a new phase for South Korea’s crypto markets Recent volatility reviews, new surveillance systems and a landmark court ruling show how South Korea is enforcing stricter oversight of crypto markets.
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Crypto investors prioritize infrastructure over DeFi, survey finds Senior decision-makers flagged liquidity constraints and market depth as key barriers to institutional crypto adoption in 2026.
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Canada’s CIRO formalizes interim crypto custody framework The Canadian self-regulatory organization outlined custody limits, capital thresholds and reporting rules while long-term regulation remains in progress.
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Arbitrum, Optimism and Base weigh in after Vitalik questions L2 scaling model Base’s Jesse Pollak says L2s can’t be “Ethereum but cheaper” as builders respond to Vitalik Buterin’s call for specialization.
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Bitcoin borrowing shifts from short-term liquidity to long-term planning: Xapo Xapo Bank’s Digital Wealth Report says borrowers are keeping Bitcoin-backed loans open longer during the product’s first year of activity.
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South Korean watchdog expands AI systems to track crypto manipulation The Financial Supervisory Service said automated models now scan crypto trading activity across timeframes, reducing reliance on manual investigations.
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Hong Kong to grant first stablecoin issuer licenses in March: Report Hong Kong's monetary authority said only a small number of stablecoin issuers will be approved initially, as application reviews near completion.
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DeFi stays outside the rules as regulators tighten elsewhere: Finance Redefined Europe narrows crypto tax gaps, US lawmakers revisit market structure, and institutions push DeFi into compliance territory.