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.

Google Cloud Collaborates with Cronos Accelerator Program to Sponsor AI Innovation in Web3
Google Cloud Collaborates with Cronos Accelerator Program to Sponsor AI Innovation in Web3

In this partnership with Cronos Labs, Google Cloud will provide Google Cloud credits for the projects in the Accelerator Program.

By Umair
June 8, 2023
Backed Finance Expands Native Token Availability to Gnosis Chain
Backed Finance Expands Native Token Availability to Gnosis Chain

Backed Finance expands its native token availability to Gnosis Chain to offer seamless on-chain management of real-world assets.

June 7, 2023
Penpie and Ankr Partner to Transform DeFi Landscape with Boosted $PENDLE Rewards and Improved Liquidity
Penpie and Ankr Partner to Transform DeFi Landscape with Boosted $PENDLE Rewards and Improved Liquidity

Penpie and Ankr join forces to revolutionize the DeFi sector by delivering augmented rewards and enhanced liquidity on the Pendle Finance platform.

June 5, 2023
AmazeWallet Partners with 1inch Network to Revolutionize Web3 Experience
AmazeWallet Partners with 1inch Network to Revolutionize Web3 Experience

Users will have easy access to the best market-available token trading prices because of the integration of 1inch Network’s API into AmazeWallet.

By Umair
May 31, 2023
EOS EVM v0.5.0 Launches, Facilitating Yield+ Liquidity Mining on EOS EVM
EOS EVM v0.5.0 Launches, Facilitating Yield+ Liquidity Mining on EOS EVM

EOS EVM v0.5.0 release brings Yield+ Liquidity Mining to the EOS ecosystem. A major milestone for EOS, showcasing rapid development and growth.

May 31, 2023
BingX Unleashes LSD Token Trading Pair, Amplifying DeFi Potential with Lybra Finance
BingX Unleashes LSD Token Trading Pair, Amplifying DeFi Potential with Lybra Finance

Earlier today, BingX, a leading centralized cryptocurrency platform, announced the launch of a new trading pair.

May 31, 2023
Tenet Joins Forces with LayerZero to Drive Omnichain Adoption of LSDs
Tenet Joins Forces with LayerZero to Drive Omnichain Adoption of LSDs

Layer-1 ecosystem Tenet partners with LayerZero to boost omnichain adoption of LSDs, enhancing its accessibility in the broader blockchain ecosystem.

May 30, 2023
Persistence Teams Up with SubQuery for Lightning-Fast and Dependable Data Indexing In DeFi
Persistence Teams Up with SubQuery for Lightning-Fast and Dependable Data Indexing In DeFi

Explore how SubQuery network’s latest partnership with Persistence will provide quick and reliable data indexing.

May 29, 2023
Lyra Announces Enhanced Protocol Version on Optimism for Upgraded Trading
Lyra Announces Enhanced Protocol Version on Optimism for Upgraded Trading

As per Lyra, the deployment of a greatly capital-efficient version on Optimism would be focused on offering liquid and competitive option markets.

By Umair
May 25, 2023
StraitsX Collaborates with Hedera to Launch Its XSGD Token
StraitsX Collaborates with Hedera to Launch Its XSGD Token

StraitsX has started an exclusive partnership with the Hedera network and now its local token will be supported on Hedera.

By Umair
May 24, 2023
Equilibria and Frax Finance Announce Partnership on DeFi Innovation
Equilibria and Frax Finance Announce Partnership on DeFi Innovation

Equilibria partners with Frax Finance in a game-changing DeFi collaboration, revolutionizing stablecoins and unlocking greater opportunities.

May 23, 2023
DEX Mangrove Debuts on Polygon Testnet, Unveils New Logo & Comprehensive Branding Suite
DEX Mangrove Debuts on Polygon Testnet, Unveils New Logo & Comprehensive Branding Suite

DEX Mangrove, a decentralized exchange platform, recently announced its exciting milestone: the successful launch on the Polygon testnet.

May 22, 2023