Ethereum

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dYdX (Native)

<ul><li>Crypto.com reports Blast_L2&#39;s explosive $600M TVL debut, shaking up DeFi markets and showcasing investor confidence.</li><li>Amidst a week of volatility, Ethereum retains a $26.38B TVL as dYdX incentivizes users with $20M.</li><li>As Cosmos Hub&#39;s value hits $2.68B, its founder&#39;s proposal for a chain split stirs the community.</li></ul>As the <a href="https://cryptotale.org/?s&#61;decentralized&#43;finance" rel="noopener noreferrer nofollow">decentralized finance</a> (DeFi) landscape evolves, it continues to be a hotbed of activity, innovation, and, as recent events show, rapid growth. Highlighting this dynamism, new player Blast Layer 2 (Blast_L2) has made a splash with nearly $600 million in Total Value Locked (TVL) just days after its launch, signaling a robust market confidence in its potential. This is according to a post by <a href="https://twitter.com/cryptocom_rni" rel="noopener noreferrer nofollow">Crypto.com Research</a>, a research reports and market insights provider.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/a7b649f0da634ac7863b23316fc21e55.png" />Meanwhile, <a href="https://cryptotale.org/?s&#61;dYdX" rel="noopener noreferrer nofollow">dYdX</a>, a decentralized exchange, has completed its much-anticipated mainnet migration and rolled out a $20 million incentive program to encourage participation and liquidity. This comes amid slight price fluctuations, with dYdX&#39;s token price currently sitting at <a href="https://www.coingecko.com/en/coins/dydx-chain" rel="noopener noreferrer nofollow">$3.14</a> after experiencing a minor 2.25% drop over the last 24 hours. Despite this short-term dip, the token has increased over the past week.On another front, the founder of Cosmos has proposed a bold move—a chain split that would result in the creation of AtomOne. This suggestion has sparked discussions within the Cosmos community, reflecting a broader conversation on the direction and governance of blockchain projects.Read full article at <a href="https://cryptotale.org/defi-dynamics-blast_l2s-600m-surge-and-dydxs-incentive-program/" rel="noopener noreferrer nofollow">CryptoTale.</a>

DeFi Dynamics: Blast_L2's $600M Surge and dYdX's Incentive Program

CryptoTale

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