THORChain, a cross-chain decentralized exchange, faced solvency issues caused by its DeFi services. Imbalances between deposits of bitcoin and other assets created a net short position for the protocol that worsened in the bull market. The protocol had to issue rescue tokens to cover the gap

Originally slated for Q3 2024, Uniswap teased the imminent release of its V4 version this week. The new DEX decreases transaction costs for the users and brings advanced tools for developers. The previous versions of the protocol still contribute to Uniswap's market share

Token burns, buy-backs, swap-fee increases, and major acquisitions see the Solana-based protocol soar.

The project's DeFi suite is quickly gaining popularity among users, with its capital-efficient lending and trading protocols rapidly increasing in TVL and trading volume.

Solana's DEX Raydium unveils Perpetual Futures (Perps) trading with the help of Orderly Network - an orderbook-based trading infrastructure and cross CeFi/DeFi liquidity layer.

Aave’s growth is fueled by increased leverage demand and a surge in monthly active users. The protocol is also expanding its integration with Layer 2 networks and preparing to launch a major upgrade in mid-2025.

With over $5.5 billion in Total Value Locked, the project currently ranks among the top nine protocols in the entire DeFi space.

Meme-coin trading accounted for 65% of November's volume as Pump.fun's automated system, while post-election speculation fueled record activity on Solana's leading exchange.