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.

Avalanche-based Stablecoin Exchange Platypus Reportedly Loses $8.5M in an Exploit
Avalanche-based Stablecoin Exchange Platypus Reportedly Loses $8.5M in an Exploit

The Platypus exploiter took away a profit of nearly $8.5M. The blockchain security platform SlowMist reported the incident on its Twitter channel.

By Umair
February 17, 2023
G20 Watchdog to Tackle Vulnerabilities in the DeFi Sector Highlighted after the FTX Collapse
G20 Watchdog to Tackle Vulnerabilities in the DeFi Sector Highlighted after the FTX Collapse

G20 watchdog to take action to address “vulnerabilities” and data gaps in decentralized finance (DeFi), which were brought to light by the FTX crash.

February 16, 2023
Zeta Markets Integrates Chainlink Price Feeds on Solana Mainnet to Secure Perpetuals Exchange
Zeta Markets Integrates Chainlink Price Feeds on Solana Mainnet to Secure Perpetuals Exchange

Today, Zeta Markets has announced that they are leveraging Chainlink Price Feeds on Solana mainnet to help secure their exchange.

February 15, 2023
Japanese Investment Banking Giant Nomura’s Crypto Firm Announced a Strategic Investment in DeFi Protocol Infinity Exchange
Japanese Investment Banking Giant Nomura’s Crypto Firm Announced a Strategic Investment in DeFi Protocol Infinity Exchange

Japanese investment banking giant Nomura’s crypto firm Laser Digital made a strategic investment in the DeFi protocol Infinity exchange. 

February 15, 2023
Swiss Firm Taurus Raises $65M in Funding Led by Credit Suisse
Swiss Firm Taurus Raises $65M in Funding Led by Credit Suisse

Credit Suisse Group AG raised a total amount of $65 million in funding for digital asset firm, Taurus SA.

February 14, 2023
Wanchain Introduces USDT XFlows on Polkadot through Astar
Wanchain Introduces USDT XFlows on Polkadot through Astar

As per Wanchain, the unique solution utilizes cross-chain bridges for the provision of non-custodial and convenient transactions across blockchains.

By Umair
February 13, 2023
P2E Gaming Platform DeFi Kingdoms Partners with PlayOne Games to Drive Web3 Gaming Adoption
P2E Gaming Platform DeFi Kingdoms Partners with PlayOne Games to Drive Web3 Gaming Adoption

In a recent press release, p2e gaming platform DeFi Kingdoms joined forces with PlayOne Games to drive web3 gaming expansion. 

February 11, 2023
dForce Vaults Suffer an Exploit
dForce Vaults Suffer an Exploit

As of recent report’s, dForce gauge vaults were exploited. The exploit was on the wstETH/ETH Curve gauge vaults on Arbitrum and Optimism.

February 10, 2023
BENQI’s Cross-Chain Asset Lending Gets Boost from Chainlink Proof of Reserve and Automation
BENQI’s Cross-Chain Asset Lending Gets Boost from Chainlink Proof of Reserve and Automation

BENQI, an algorithmic money market protocol on Avalanche, integrates Chainlink’s Proof of Reserve and Automation to secure cross-chain asset lending.

February 9, 2023
Balancer, Aave and Other DeFi Leaders Team Up in a Twitter Campaign to Bolster Decentralization
Balancer, Aave and Other DeFi Leaders Team Up in a Twitter Campaign to Bolster Decentralization

Crypto Twitter was awash, last week, with speculation about a teaser campaign launched by a slew of the top decentralized finance protocols.

February 9, 2023
Umami Finance CEO Reportedly Dumps His Holdings Resulting in $UMAMI’s Decline
Umami Finance CEO Reportedly Dumps His Holdings Resulting in $UMAMI’s Decline

A conversation on the platform’s discord channel indicates that the team of Umami Labs LLC has resigned because of the action made by the founder of the project

By Umair
February 9, 2023
Attacker Exploits CoW Swap DEX and Drains over $180K from its Contract Address
Attacker Exploits CoW Swap DEX and Drains over $180K from its Contract Address

Recently, security firm PeckShield alerted that an exploiter drained over $180K worth of assets from CoW Swap DEX and transferred them to Tornado Cash. 

February 7, 2023