Defi News

BlockchainReporter’s DeFi section covers decentralized finance: lending and borrowing protocols, decentralized exchanges and aggregators, liquid staking, stablecoins, tokenized real-world assets and the exploits that hit the sector. About $90 billion was locked in DeFi protocols across all blockchains in October 2026, according to DefiLlama, with Ethereum holding more than half.

DeFi lets users trade, lend, borrow and earn yield through smart contracts instead of banks or brokers. Its largest protocols include Aave for lending, Uniswap for trading, Lido for staking and aggregators such as 1inch and Jupiter. The sector is also a frequent target for hackers, so we report exploits, recovery efforts and security research alongside new products.

What We Cover in DeFi News

How to Use DeFi More Safely

Use protocols with a long track record and public audits, start with small amounts, check token approvals in your wallet regularly and be wary of yields far above the market. Even audited protocols can be exploited, and stablecoins and bridged tokens carry their own risks.

Frequently Asked Questions

What is DeFi?
DeFi, or decentralized finance, is a set of financial services built on blockchains, mainly Ethereum, that run through smart contracts instead of banks or brokers. Users can trade on decentralized exchanges, lend and borrow, stake tokens and earn yield from a self-custodial wallet. About $90 billion was locked in DeFi protocols in October 2026, according to DefiLlama.

Where can I find reliable DeFi news?
Look for coverage that links to primary sources such as governance proposals, protocol announcements, audit reports and on-chain data from DefiLlama or block explorers. BlockchainReporter’s DeFi section reports on new products, governance votes, exploits and recoveries, and on institutional moves into DeFi, such as risk ratings for lending vaults and tokenized real-world assets.

Is DeFi safe?
DeFi carries risks that bank accounts do not: smart contract bugs, hacks, oracle failures, bridge exploits and the loss of funds through mistaken approvals or phishing. Exploits continued through 2026, including attacks on Drift and Kelp DAO. Using established, audited protocols, starting small and reviewing wallet approvals reduces the risk but does not remove it.

IllumineX Mainnet Revolutionizes DeFi on Oasis Sapphire
IllumineX Mainnet Revolutionizes DeFi on Oasis Sapphire

IllumineX launches on Oasis Sapphire, introducing a secure, MEV-resistant DEX platform for confidential DeFi swaps.

February 3, 2024
BlockchainReporter Weekly News Review: Insights into Crypto and DeFi Advancements
BlockchainReporter Weekly News Review: Insights into Crypto and DeFi Advancements

This week’s crypto review explores the evolving digital asset landscape, including developments in DeFi infrastructure and regulatory actions.

By Umair
February 3, 2024
Ceffu Expands Support for NYM Token, Embraces Both Cosmos-Based and ERC-20 Standards
Ceffu Expands Support for NYM Token, Embraces Both Cosmos-Based and ERC-20 Standards

Ceffu, custodian for Binance, has expanded its support for the NYM utility token in both its native Cosmos-based format and the ERC20 standard.

By Umair
February 2, 2024
Velar Secures $3.5 Million Funding to Build World’s First Perpetual DEX on Bitcoin
Velar Secures $3.5 Million Funding to Build World’s First Perpetual DEX on Bitcoin

Bitcoin DeFi platform Velar concludes its seed funding round, securing $3.5 million from notable Web3 investors, including GBV, CMS Holdings, and others.

February 1, 2024
Crypto Hackers Steal Over $182M in January 2024, Marking a Drastic Increase
Crypto Hackers Steal Over $182M in January 2024, Marking a Drastic Increase

Crypto hacking incidents surged in January 2024, with over $182.54 million stolen. A shocking 771.39% YoY increase compared to January 2023.

February 1, 2024
Sui’s NAVI Protocol Secures $2 Million Boost To Expand DeFi Offerings And Finalize Key Acquisition
Sui’s NAVI Protocol Secures $2 Million Boost To Expand DeFi Offerings And Finalize Key Acquisition

NAVI Protocol raises $2M for DeFi platform expansion and strategic acquisition, strengthening its position in Sui’s ecosystem.

January 31, 2024
Portal Secures $34 Million Seed Funding for Bitcoin Exchange Development
Portal Secures $34 Million Seed Funding for Bitcoin Exchange Development

Portal’s innovative funding aims to revolutionize Bitcoin trading and DeFi for a safer, more efficient global user experience.

January 30, 2024
Bitcoin Sidechain Mintlayer Launches Genesis Block
Bitcoin Sidechain Mintlayer Launches Genesis Block

Mintlayer’s genesis block goes live, heralding a new era in Bitcoin’s L2 landscape with scalable financial applications, multi-tokens, and DeFi innovation.

January 29, 2024
BlockchainReporter News Review: Cryptocurrency Developments and Resilience
BlockchainReporter News Review: Cryptocurrency Developments and Resilience

This week, various partnerships showcased innovation within the cryptocurrency industry, while efforts to enhance user experience were notable.

By Umair
January 27, 2024
Unveiling the Advanced Node API on Radix Mainnet: A Leap Forward in Blockchain Development
Unveiling the Advanced Node API on Radix Mainnet: A Leap Forward in Blockchain Development

Discover the launch of Advanced Node API on Radix mainnet by NOWNodes, enhancing blockchain development with unlimited RPS, 24/7 support, and free access.

January 26, 2024
Understanding Total Value Locked (TVL) in Cryptocurrency
Understanding Total Value Locked (TVL) in Cryptocurrency

Dive into the essentials of Total Value Locked (TVL) in cryptocurrency, understanding its pivotal role and impact in the DeFi ecosystem.

January 24, 2024
Alchemy Pay and BakerySwap Partner to Simplify Crypto Purchases with New On-Ramp Service
Alchemy Pay and BakerySwap Partner to Simplify Crypto Purchases with New On-Ramp Service

Alchemy Pay and BakerySwap join forces to simplify crypto purchases worldwide. This partnership enhances BakerySwap’s versatile ecosystem.

January 24, 2024