ExchangeDEX+

Buy Crypto Markets Spot FuturesGOLD Earn Event Center

Lending

Lending protocols form the backbone of the decentralized money market, allowing users to lend or borrow digital assets without intermediaries. Using smart contracts, platforms like Aave and Morpho automate interest rates based on supply and demand while requiring over-collateralization for security. The 2026 lending landscape features advanced permissionless vaults and institutional-grade credit lines. This tag covers the evolution of capital efficiency, liquidations, and the integration of diverse collateral types, including LSTs and tokenized RWAs.

16075 Articles

Created: 2026/02/02 18:52

Updated: 2026/02/02 18:52

Cardano (ADA) Still Looks Solid, But This New Crypto Coin With Phase 6 at 98% Sold Out Is the Real 2026 Play

Within the evolving and uncertain world of cryptocurrencies, the founder of the popular blockchain network Cardano, Charles Hoskinson, recently stated that an enormous number of cryptocurrencies, close to 99%, are likely to fail, thus positioning Cardano (ADA) as one of the elite 1%, which boasts an impressive run of ten years and an amazing market […]

Author: Cryptopolitan

2025/12/08

Solana extends DEX volume lead to four straight months

The post Solana extends DEX volume lead to four straight months appeared on BitcoinEthereumNews.com. Solana continues to lead all other chains in DEX volume for sixteen weeks in a row. The network carries double the volume of Ethereum and is the home of some of the busiest protocols. Solana DEX activity remains elevated, surpassing other L1 and L2 chains in weekly volumes for 16 weeks in a row. Solana’s DEXs also report the biggest daily and weekly volumes, with only occasional anomalies where Ethereum or BNB Chain come close. Trading on DEX across the board remains elevated, despite the slowdown of meme trading. On Solana, memes make up a shrinking share of overall token volumes. The other factor for Solana DEX activity is HumidiFi, a dark pool DEX that emerged in the past six months. HumidiFi reported volumes are catching up with those of other top on-chain exchanges across all chains. HumidiFi recently launched a token presale, aiming to boost adoption with a native WET token. DEX activity remains robust across the board, based on legacy tokens, stablecoin pairs, and wrapped tokens. DEX trading is part of the liquidity flow from DeFi. Solana activity also got a boost from the recent expansion of lending, with competition from Jupiter and Kamino. Additional trading spikes come from high-profile launches like Monad’s MON token. Solana remains the leader in cross-chain activity Solana trading volumes on DEX have grown not only statistically. The ecosystem is more complex, including a new balance of platforms and cross-chain activity. Despite the slowdown in meme creation, PumpSwap emerged as a leader for legacy tokens. The platform carries activity for PUMP tokens, USDC pairs, as well as hot trending legacy memes. Solana DEX competition shifted in the past quarter, as PumpSwap took up the bulk of trading. PancakeSwap’s cross-chain version also remained highly active on Solana. | Source: Dune Analytics Other sources of…

Author: BitcoinEthereumNews

2025/12/08

Top 3 Breakout Altcoins for Q1 2026, One $0.035 Token Is Weeks From a 100% Phase Sellout

The post Top 3 Breakout Altcoins for Q1 2026, One $0.035 Token Is Weeks From a 100% Phase Sellout appeared on BitcoinEthereumNews.com. Crypto Projects As traders prepare for the first quarter of 2026, attention is shifting away from slow-moving large caps and toward early-stage altcoins with stronger growth setups. Several projects are starting to build momentum again, but one token priced at $0.035 is moving at a faster pace than expected. Many investors now say this token may be only weeks away from reaching a full Phase 6 sellout, prompting comparisons to breakout moments seen in previous cycles. Ripple (XRP) Ripple (XRP) remains one of the most recognized assets in the market. During its first major breakout period, XRP climbed from low-priced levels into a multi-billion-dollar asset. It became known for fast settlement and cross-border payment features that attracted attention from both crypto users and traditional finance partners. Early buyers saw strong returns as XRP moved into the top ranks. XRP’s position today is different. Its large market cap slows growth, and most forecasts expect only moderate movement in the near term. While XRP still holds an important place in the industry, many early investors who once relied on its rapid expansion are now looking for smaller, earlier-stage projects with more room to grow. This shift in focus is one of the reasons Mutuum Finance is gaining visibility. Solana (SOL) Solana (SOL) delivered one of the strongest runs of the previous market cycle. It grew from a low valuation into a leading blockchain known for speed, low fees, and active development. Solana’s early surge brought in developers, users, and liquidity at a pace rarely seen before. Many early SOL investors benefitted as the project entered the top crypto rankings and expanded its ecosystem. However, Solana now sits with a large market cap, and its major growth phase has slowed. Competition in the L1 sector has intensified, and large valuations naturally limit rapid…

Author: BitcoinEthereumNews

2025/12/08

A New Ethereum Meme Token Takes Off: $LILSHIB Launches at $0.0002 With Early Buyers Quickly Grabbing Over 82,000 Tokens

The post A New Ethereum Meme Token Takes Off: $LILSHIB Launches at $0.0002 With Early Buyers Quickly Grabbing Over 82,000 Tokens appeared first on Coinpedia Fintech News LILSHIB, a new Ethereum meme coin, has opened its public presale at a fixed price of $0.0002 per token. The launch gives early supporters a set entry price and a simple way to join the project before exchange listings. The presale runs on a first-come, first-served basis, so anyone who joins early secures their LILSHIB …

Author: CoinPedia

2025/12/08

Morning Ville: the new NFT collection on Soneium with high gain potential

Morning Ville is emerging as one of the most intriguing NFT initiatives within the Soneium ecosystem.

Author: The Cryptonomist

2025/12/08

LILSHIB Presale Has Officially Started: Secure Early Tokens at $0.0002 and Receive 10% Instant Cashback When You Refer Friends

The post LILSHIB Presale Has Officially Started: Secure Early Tokens at $0.0002 and Receive 10% Instant Cashback When You Refer Friends appeared first on Coinpedia Fintech News The LILSHIB presale has started and is a one-stage event based on the first-come, first-served (FCFS) basis, selling at a price of $0.0002. It has a total raise target of $11,000,000 out of 55 billion tokens, which is 50% of the total supply of 110 billion tokens. There is no private raise or several rounds …

Author: CoinPedia

2025/12/08

BTC Holds Steady as Fed Rate Cut Looms, Rising Treasury Yields Suggest Caution: Analysts

Markets Share Share this article

Copy linkX (Twitter)LinkedInFacebookEmail

BTC Holds Steady as Fed Rate Cut L

Author: Coindesk

2025/12/08

Solana Price Outlook: Bulls Spot Early Reversal Signs as Fed Decision Looms

The market is starting to behave as if a local bottom has formed, supported by improving technical signals, rising accumulation, […] The post Solana Price Outlook: Bulls Spot Early Reversal Signs as Fed Decision Looms appeared first on Coindoo.

Author: Coindoo

2025/12/08

High-leverage stablecoin arbitrage tool? A detailed analysis of Fluid's 39x leverage strategy and the duality of its "low liquidation penalty".

Fluid is an interesting, difficult-to-understand, and highly controversial DeFi protocol. As a "new" DeFi protocol launched in 2024, its peak TVL exceeded $2.6 billion, and it still has $1.785 billion in TVL. With a trading volume of $16.591 billion over the past 30 days, Ethereum's mainnet trading volume accounts for 43.68% of Uniswap's total trading volume. This is a remarkable achievement. Fluid combines lending with a DEX, accepting LPs (such as ETH/wBTC) as collateral, allowing LPs to still earn fees while providing collateral. Fluid calls this Smart Collateral. Okay, it seems rather ordinary. Image generated by Nano Banana Pro - Gemini AI based on the original text. Smart Debt is a unique design feature of Fluid. Normally, in lending, users borrow money and pay interest. In Fluid smart debt, users also borrow LP trading pairs. That's right. If you want to borrow 1000 USDT, you will borrow 500 USDT + 500 USDC. The trading pair borrowed by the user will be automatically deposited into Fluid DEX as liquidity. In other words, users can choose to withdraw the funds for other purposes, just like a regular loan, or they can choose to pledge LPs to borrow from LPs and then deposit them into the DEX to earn more transaction fees. Essentially, smart debt encourages borrowers to leverage LPs within Fluid for revolving lending. This protocol increases liquidity, attracts more traders, and allows LPs to earn more transaction fees. This is precisely the flywheel that Fluid ultimately aims to build. Therefore, if you have studied Fluid, you will see many articles describing Fluid as a "DEX-on-lending" protocol, and this is the reason. The Fluid architecture is like a composite structure; you can think of it as a main road and auxiliary roads, a trunk and tributaries, a two-layer cake, or anything like that. The core underlying component is the unified Liquidity Layer, a smart contract used to store the liquidity of all assets. It is responsible for managing all the money and handling deposits, withdrawals, loans, and repayments. Above the liquidity layer are multiple sub-protocols and Vault. The sub-protocols have their own business logic, but they do not directly hold assets. Instead, they use the liquidity layer to manage the deposit and withdrawal of funds. The various sub-protocols are interconnected through a liquidity layer. For example, assets deposited by a user through a lending sub-protocol can be lent out by other Vault sub-protocols; Assets deposited through smart lending can be lent out by Vault and simultaneously provide trading liquidity for DEX sub-protocols. Ordinary users only need to interact with the various sub-protocols to conduct deposit or loan operations, without having to directly access the liquidity layer. Specific operating methods Typical lending agreements: Alice deposits: 100 ETH (single token) Bob lends out: 5000 USDC (single token) Fluid method: Usage 1: Ordinary Loans Just like Aave and Compound, you deposit collateral and your wallet receives a loan, except that the loan is lent out by LPs, such as USDT + USC, and the loan can be used anywhere. Use Case 2: Smart Debt While both involve depositing collateral and lending to limited partners (LPs), the difference lies in the fact that the Fluid protocol directly injects this money into Fluid's DEX trading pool. Users earn transaction fees through debt, and the liquidity pool expands its liquidity through debt. Then, users can revolve the loan. This means using LPs as collateral to borrow from other LPs, then collateralizing again to borrow more, and so on in a continuous cycle. The official documentation gives a theoretical maximum leverage of 39 times based on a 95% LTV (Loan-to-Value) calculation. What are the trade-offs of Fluid? Fluid attempts to unify lending and trading within a single liquidity layer. To achieve this unification, certain compromises must be made, and these compromises are precisely the root cause of additional losses suffered by limited partners (LPs) during volatile market conditions. In Uniswap V3, when the market price exceeds the LP price range, users only temporarily lose to earn transaction fees, and their positions become 100% of a single asset (e.g., all converted to USDC). This is impermanent loss, and the loss may disappear once the price returns to its normal range. Fluid rebalancing transforms "impermanent loss" into "permanent loss". Fluid automatically adjusts the liquidity price range for certain Valuts in order to maintain high capital utilization or to maintain lending health (preventing liquidation). For example, Suppose the price of ETH drops from 3000 to 2800. 1) Uniswap V3 Manual LP: The LP price range is still 2900-3100. Therefore, you would currently hold 100% ETH. If you choose to remain inactive and the price returns to 3000, the LP will return to its initial state with no additional loss. 2) Fluid Automatic Rebalancing: In order to ensure active liquidity (or for risk control), the protocol will automatically perform "rebalancing" when it detects that the price has fallen below the range. At the 2800 level, a portion of the LP's ETH must be sold and converted into USDC to regain liquidity in the new 2700-2900 range. The consequence is that this "sell" action is a real transaction, selling the tokens at a lower price. If the ETH price subsequently rebounds quickly back to 3000, as mentioned before, Uniswap V3 user assets will remain unaffected, and the token pair allocation provided by LPs will return to its original state. In order to recover the price, the Fluid protocol must rebalance when the price rises by buying back ETH with USDC. However, because it was sold at a low price before, it is now being bought back at a high price. This is actually a case of "selling low and buying high," a type of operation that frequently occurs in volatile markets, and this type of loss is known as LVR (Loss-Versus-Rebalancing). Why does Fluid need to be rebalanced? Because LP trading pairs play a very important role in Fluid in order to connect lending and DEX using a unified liquidity layer, even the loans made through lending are trading pairs. Therefore, Fluid had to introduce a concept – “Shares”. In Uniswap V3, LPs are non-fungible, and withdrawals are made via NFTs. Your actions only affect yourself. In order for liquidity to be usable by lending protocols (collateral and debt), Fluid must design its liquidity pools to be homogeneous. LPs do not hold specific "ETH in this price range," but rather "x% of the entire pool." When the agreement triggers rebalancing and causes the aforementioned "buy low, sell high" attrition, the total net asset value of the entire pool decreases. Since LPs hold shares, the price of a share = total pool assets / total number of shares, and the share price will fall directly. Therefore, unlike in Uniswap V3, LPs cannot choose "I will not participate in this adjustment and I will hold on to it"; in Fluid LPs, they are forced to participate in the rebalancing. For another example, Assume the price of ETH is 1000 USDC. Invest LP 1 ETH + 1000 USDC (total value $2000). At this point, the price dropped, with ETH falling from 1000 to 800. 1. Uniswap V3 (Do not operate) As prices fall, traders sell ETH, forcing LPs to buy it. This reduces USDC and increases ETH in the LP pool. Eventually, at the low of 800, the LP pool becomes 100% ETH (let's say approximately 2.2 ETH, with no USDC remaining). The current LP holdings are worth 2.2 ETH, or 1760 USDT. Although they are at a paper loss, the LPs hold a large amount of ETH. 2. Fluid Forced Rebalancing The same situation occurs. The price falls below the lower limit of the range set by Fluid. The protocol determines that the current range (900-1100) is invalid. In order for Vault to continue generating fees (or for lending health), the range must be moved to near the current price, such as 720-880. The key issue is that establishing the new 720-880 range requires 50% ETH + 50% USDC. However, your current position is entirely in ETH. Therefore, a forced action is implemented: Fluid must sell half of your ETH at the 800 price level and convert it back to USDC. Therefore, 1.1 ETH was sold for 880 USDC, which was then used to form a new LP with the remaining 1.1 ETH. The current value is 1.1 ETH + 880 USDC = 1760. However, at this point, your ETH holdings have decreased from 2.2 to 1.1. In effect, Fluid forced you to "cut your losses" at this bottom. At this point, the price rebounded, and the price of ETH rose from 800 back to 1000. Uniswap V3 (Lie flat, no operation required) As the price rebounded, the 2.2 ETH held were gradually bought up and converted back to USDC. The price returned to 1000, and the LP position reverted to 1 ETH + 1000 USDC (ignoring transaction fees). Total value 2000 U, impermanent loss has disappeared. Fluid Forced Rebalancing Prices rebounded, and the new range of 720-880 became invalid again. It is necessary to rebalance and move the range back to 900-1100. Currently, there are only 880 USDC and 1.1 ETH. If the price breaks through 880, the LPs will only have USDC, because the ETH has been bought. At this point, the LPs' positions are all in USDC, totaling 1760 USDC, which is the 880 USDC they initially held plus the amount they sold later. The protocol rebalances when the ETH price reaches 1000, buying ETH with regular USDC to maintain a 50:50 ETH:USDC value. At this point, the LP's position is 0.88 ETH and 880 USDC. The total value is 1760 USDC, a loss of 240 USDC compared to the initial total value of 2000 USDC. Moreover, this 240 U is a permanent loss. The subsequent Fluid DEX v2 upgrade addresses the pain point of permanent loss during rebalancing by transferring the wear and tear costs to arbitrageurs in a "smarter" way, thereby significantly reducing this permanent loss. First, there is a dynamic fee mechanism. When prices fluctuate sharply, the transaction fee will increase accordingly to compensate for the rebalancing losses of LPs. Secondly, a "buffer zone" is set up for the oracle; if it is just a brief insertion, no rebalancing will be performed. Then, LPs are allowed to customize price ranges, with wider options available; rebalancing only occurs when prices exceed these ranges. Asymmetric LP positions are also permitted, meaning the token pair does not need to maintain a constant 50:50 ratio. If that's the case, why does Fluid have a TVL of $1.785 billion and account for 43.68% of Uniswap's trading volume in the past 30 days? Fluid masks or offsets permanent wear and tear through extreme capital efficiency and low-risk strategies for specific assets. Wear and tear comes from frequent rebalancing caused by sharp price fluctuations. But what if, however, the prices between LP token pairs didn't fluctuate? For stable pegged assets like USDC/USDT or ETH/wstETH, rebalancing wear is virtually zero. However, Fluid's mechanism allows for leverage of up to 39x on these assets. Furthermore, the returns include both lending and DEX revenue. Therefore, Fluid's focus is actually on stablecoins, ETH and its LST assets, and BTC-related liquid assets, as shown in the data below. Source: https://dune.com/entropy_advisors/fluid-liquidity Another point is that Fluid's liquidation mechanism differs from typical lending agreements, with liquidation penalties as low as 0.1%. If a lending agreement like Aave needs to be liquidated, external MEV Bots can take the collateral at a discount to help with the liquidation. This "discount" is the liquidation penalty, designed to prevent losses from margin calls. Aave's penalty is 5%. A unified liquidity layer allows Fluid to eliminate the need for external clearing, instead completing clearing directly on its own DEX. The system automatically sells a portion of the collateral to repay the debt. Therefore, penalties can be as low as 0.1% plus slippage. This is actually a favorable trade-off brought about by a unified liquidity layer, which also benefits high leverage. Therefore, Fluid is very beneficial for revolving loans of stable asset LPs such as USDC/USDT or ETH/wstETH, and will also attract stablecoin investment whales and aggressive on-chain traders. Can I buy $FLUID tokens? To be honest, I'm not sure. Currently, there is no necessary connection between protocol revenue and coin price, although the Instadapp community and team have repeatedly hinted at or discussed Fluid's revenue distribution issue. However, the protocol revenue is not currently being distributed to token holders. Summarize Tradeoffs are an extremely important, even primary, consideration in blockchain project design. To achieve core features, certain necessary conditions must be met, and these conditions, in turn, constrain the project. Fluid is a project with a prominent trade-off. It is believed that the project team designed it from the outset to build a unified liquidity layer, expanding liquidity through lending and DEX features. The stablecoin LP and ETH and its LPT token trading pairs are the best entry point for expanding liquidity through leveraged cyclical lending.

Author: PANews

2025/12/08

Bitcoin Poised For Lift-Off As Key Bullish Catalysts Kick In: Ex-CEO

According to former BitMEX CEO Arthur Hayes, battles over the US debt ceiling create clear cash swings that move markets. When the Treasury spends down its main checking account — the Treasury General Account, or TGA — new dollars enter the system and lift risky assets. Related Reading: Bitcoin Adoption Is Just Getting Started — 200x Growth Possible, Tom Lee Says Later, when the Treasury refills the TGA by selling debt, cash is pulled back out and pressure returns to stocks and crypto, he said. Hayes points to 2023 as a clear example, when a large pool of funds at the Fed’s reverse repo facility — about $2.5 trillion — was available to be drawn back into markets. Market Metrics And Recent Moves Traders can see the effects in price action. Bitcoin’s recent fall toward the $80,000 area followed a stretch of tighter liquidity, and the rebound to above $91,000 has many investors asking whether the sell-off marked a cycle low. The crypto market gained ground Monday, with total capitalization rising to a little over $3 trillion, up 1.2% in the last 24 hours. Bitcoin climbed to $92,120, a 1.50% increase on the day and almost 6.5% higher over the week. Ethereum traded around $3,160 after a 4% daily rise and an 11% weekly jump. Reports have disclosed that these moves come as traders watch big-dollar flows tied to US Treasury operations and central bank balance sheet moves. Smaller gains in the last day sit against larger weekly returns for several top tokens, showing that swings remain wide but that buying interest has reappeared. Why 2025 Looks Different Based on reports, Hayes says 2025 is not the same as 2023. The reverse repo balances that helped fuel the earlier rally are largely gone, and liquidity tightened by almost $1 trillion between July and late 2025 as the Treasury issued debt and the Fed ran quantitative tightening. That drought of available cash was a headwind for risk assets and helped push prices lower. The mechanics are simple: less cash chasing assets tends to reduce bids and widen price drops. Price Reaction And Cross-Market Effects The liquidity story is not limited to crypto. Stocks, gold, and property responded to the same flow shifts during the prior cycle. Hayes estimates that about $2.5 trillion of liquidity was effectively redeployed from Fed facilities into markets in 2023, amplifying gains across asset classes. When that source was absent in 2025, selling pressure intensified and volatility rose. Related Reading: Massive Bitcoin Awakening: 2 Physical Coins Unlock $179 Million After 13 Years Favorable Market Conditions Hayes says the environment has shifted in a positive way. The Fed has put quantitative tightening on hold, liquidity pressure in the Treasury market is calming down, the TGA is close to where officials want it, and banks are starting to open up their lending taps again. He views the slide toward $80,000 as the cycle low and expects upward pressure as cash conditions improve. According to his view, these factors together create the environment for renewed upside. Featured image from Unsplash, chart from TradingView

Author: NewsBTC

2025/12/08

Latest Articles

Pump.fun overhauls creator fees, launches trader ‘cashback coins’

2026/02/18 19:35

Tigo Energy Global Quality Program Marks 1,500 Green Glove Installer Engagements

2026/02/18 19:15

Lending

Cardano (ADA) Still Looks Solid, But This New Crypto Coin With Phase 6 at 98% Sold Out Is the Real 2026 Play

Solana extends DEX volume lead to four straight months

Top 3 Breakout Altcoins for Q1 2026, One $0.035 Token Is Weeks From a 100% Phase Sellout

A New Ethereum Meme Token Takes Off: $LILSHIB Launches at $0.0002 With Early Buyers Quickly Grabbing Over 82,000 Tokens

Morning Ville: the new NFT collection on Soneium with high gain potential

LILSHIB Presale Has Officially Started: Secure Early Tokens at $0.0002 and Receive 10% Instant Cashback When You Refer Friends

BTC Holds Steady as Fed Rate Cut Looms, Rising Treasury Yields Suggest Caution: Analysts

Solana Price Outlook: Bulls Spot Early Reversal Signs as Fed Decision Looms

High-leverage stablecoin arbitrage tool? A detailed analysis of Fluid's 39x leverage strategy and the duality of its "low liquidation penalty".

Bitcoin Poised For Lift-Off As Key Bullish Catalysts Kick In: Ex-CEO

Recommended by active authors

Related Tags

Latest Articles

Pump.fun overhauls creator fees, launches trader ‘cashback coins’

Tigo Energy Global Quality Program Marks 1,500 Green Glove Installer Engagements

XRP Price Faces Big Risk — But Smart Money Bets on 30% Rally

PEPE Price Prediction: Technical Neutrality Suggests Consolidation Phase Ahead

Ripple CEO Predicts 80% Chance of CLARITY Act Passing by April