De.Fi 價格DEFI

Sui hasn’t always had the best reputation—often jokingly dubbed a “Shitnet” due to slow adoption and underwhelming DeFi traction. But things may be about to change. Recent reports and insider chatter suggest that Sui is preparing a series of infrastructure upgrades that could make it up to 100x faster. While details remain scarce, early signals point to improvements in: If successful, this would transform Sui from a struggling L1 into one of the most efficient infrastructure-first blockchains in the space. One of the most interesting angles? The possible role of Walrus ( WAL ) in Sui’s infra evolution. Walrus is building a decentralized compute and storage layer tailored for chains that need scalability without centralization. It aligns perfectly with what Sui seems to be targeting—especially in: A Walrus–Sui integration could create a high-speed, modular network ready to host DeFi, AI, gaming, and real-world asset dApps at scale. If the upgrades deliver as promised: It’s rare that a "bad rep" L1 gets a second chance—but with Walrus and DePIN momentum building, Sui might become a surprise leader in 2025’s infrastructure race. Sui hasn’t always had the best reputation—often jokingly dubbed a “Shitnet” due to slow adoption and underwhelming DeFi traction. But things may be about to change. Recent reports and insider chatter suggest that Sui is preparing a series of infrastructure upgrades that could make it up to 100x faster. While details remain scarce, early signals point to improvements in: If successful, this would transform Sui from a struggling L1 into one of the most efficient infrastructure-first blockchains in the space. One of the most interesting angles? The possible role of Walrus ( WAL ) in Sui’s infra evolution. Walrus is building a decentralized compute and storage layer tailored for chains that need scalability without centralization. It aligns perfectly with what Sui seems to be targeting—especially in: A Walrus–Sui integration could create a high-speed, modular network ready to host DeFi, AI, gaming, and real-world asset dApps at scale. If the upgrades deliver as promised: It’s rare that a "bad rep" L1 gets a second chance—but with Walrus and DePIN momentum building, Sui might become a surprise leader in 2025’s infrastructure race.

$KMNO | With Kamino down ~80% from ATH, our researcher @CryptoGamerHQ took a closer look at fundamentals over price, to see if the selloff tells the full story. Despite price pressure, Kamino is delivering where it counts: product, traction, and revenue. HIGHLIGHTS • Automated yield across lending, LPing, leverage • Kamino Swap (intents-based DEX): $150M+ volume, zero slippage, MEV protection • $300M+ in stablecoins borrowed • 5M $SOL deposited (ATH) • $1.5B+ in TVL Token utility is still limited but the core product adoption is accelerating. Strong fundamentals, deep integration in Solana DeFi, and real revenue make this a name to watch.

Radix, a high-performance Layer 1 blockchain, has proposed reallocating 1 billion XRD from its treasury into a two-year community incentives program aimed at deepening ecosystem engagement and improving long-term tokenomics—positioning itself as a deliberate “antidote to airdrops.” Editor’s note: This article has been updated to reflect that the 1 billion XRD community incentives program is a proposal and not a confirmed launch; crypto.news apologizes for the earlier mischaracterization. Announced on April 14, the new initiative will redirect funds from a previously proposed stablecoin project to support what Radix ( XRD ) describes as a multi-season, points-based rewards campaign designed to incentivize meaningful activity. Participants will earn points by holding or staking XRD, providing liquidity, executing DEX swaps, and engaging in lending and borrowing. NFT interaction and dApp usage will also qualify for rewards. “Users will earn points based on meaningful activity,” said Dan Hughes, CTO and founder of Radix. “We want to ensure deep and sustained ecosystem participation instead of just passive token hoarding to bump up our market cap.” Radix is distancing itself from traditional airdrop tactics, which it sees as unsustainable and prone to attracting short-term “mercenary” users. If approved, the campaign’s structure would aim to build robust liquidity while creating a stronger foundation for dApps and developers within the ecosystem. Hughes framed the reallocation as a strategic pivot that better aligns with Radix’s current growth trajectory. “What’s the alternative?” he said. “Do nothing with the 2.4 billion XRD while competitors onboard users and dominate liquidity flows? Or burn it, and hope for a short-term flash mob? The choice is clear: repurpose this reserve and make Radix the home of the next generation of DeFi.” The announcement comes ahead of Radix’s Hyperscale testnet rollout, which targets a sustained throughput of 1 million complex transactions per second, a scalability benchmark far beyond what current Layer 1s have demonstrated in production. According to the press release, this upcoming milestone represents the “only real path to Hyperscale in the industry.” To support this push, Radix’s proposed incentives campaign is intended to rapidly onboard more users, capital, and liquidity, positioning the network as a serious contender in the next wave of DeFi adoption.

Bitcoin’s DeFi ecosystem may finally be ready to take on the big players, as a new project leverages Bitcoin’s inherent security. Bitcoin’s DeFi ecosystem has gained a new player, Babylon, that could shape its future. In a recent report , Nansen called the project potentially one of the most undervalued plays on Bitcoin’s DeFi ecosystem. Critically, Babylon enables users to earn staking rewards in Bitcoin terms without relying on wrapped assets or cross-chain bridges. In doing so, the protocol leverages Bitcoin’s inherent security and decentralization, offering a safer and more native alternative for staking. The process, dubbed Bitcoin restaking, involves locking BTC into a script on the Bitcoin blockchain. The Babylon protocol then uses a Cosmos SDK transaction to verify whether the funds are on-chain. Once verified, the Babylon chain distributes rewards to BTC stakers in proportion to their holdings. Since Bitcoin itself does not offer staking rewards, these incentives come from the Babylon chain, primarily via BABY token inflation. Its annual inflation rate of 8% is split evenly between Bitcoin and BABY stakers. This means BABY token stakers are betting that the token’s growth will exceed the 8% inflation rate. For Bitcoin holders, however, the protocol creates a new revenue stream without giving up custody of their assets—protecting them from third-party risks such as hacking or rug pulls. Over the past year, Bitcoin’s DeFi ecosystem has seen substantial growth. Its ecosystem reached an all-time high of nearly $8 billion in December of last year. Even after a subsequent correction to $5.27 billion, it still experienced more than 500% growth year over year. Developers and entrepreneurs are increasingly betting on Bitcoin DeFi due to its strong name recognition and vast user base. At the same time, they see decentralized finance as a way to unlock new use cases for the Bitcoin network.

Crypto lending market down 43% from 2021 peak, but DeFi loans rebound nearly 10x The crypto lending market shrank to $36.5 billion in Q4 2024, down over 43% from its 2021 peak of $64.4 billion, according to a report by Galaxy Digital, cited by Cointelegraph. While CeFi lending