Lido's Gearbox Instance Hits $25M TVL After Launch
Lido's Gearbox Instance Hits $25M TVL After Launch
🔧 Lido's Secret Leverage Weapon
Gearbox Protocol has launched a dedicated instance for Lido, reaching $25M in TVL shortly after launch. The integration creates a new wstETH credit market powered by Mellow Protocol vaults.
Key features:
- Up to 20x leverage for borrowers using Mellow markets
- Lenders can provide wstETH without impermanent loss or lockups
- Annual rewards available on DVstETH (14x) and rstETH (20x)
The partnership showcases Gearbox's institutional-grade features:
- Customizable rates
- Deep liquidity
- Security-tested infrastructure
- No liquidity fragmentation
Octav Adds Lighter Support, Now Covers 40+ EVMs Plus Solana and Hyperliquid
**Octav expands multi-chain support** by adding Lighter to its platform during what they call "Perp DEX season." The platform now supports: - **40+ EVM chains** - **Solana** - **Hyperliquid** - **Lighter** Octav positions itself as the only dashboard combining these major ecosystems in one place, allowing users to monitor their entire portfolio across different chains and DEXs. This expansion comes as perpetual decentralized exchanges gain momentum across multiple blockchain networks.
Octav Integrates Plasma Foundation and Ebisu Finance Support
Octav has announced readiness to support **Plasma Foundation** and **Ebisu Finance** integrations. The platform has already integrated Plasma Foundation's testnet environment, demonstrating proactive preparation for mainnet launch. Key developments: - Testnet integration completed ahead of mainnet - Support for both Plasma Foundation and Ebisu Finance - Platform accessible at [pro.octav.fi](https://pro.octav.fi/) This integration positions Octav to provide immediate support once these protocols go live on mainnet.
Overnight Finance Introduces Batch Transaction Editing
Overnight Finance has launched a new feature enabling users to edit multiple transactions simultaneously, marking a significant improvement in transaction management efficiency. - Users can now select multiple transactions at once - Single-click transformation of transaction attributes - Supports bulk changes to transaction types and protocols - Streamlines reconciliation process This update builds on previous improvements to their transaction handling system, including the Zapin feature that allows consolidating multiple transactions into one.
Berachain Introduces Novel Proof-of-Liquidity Consensus Mechanism
Berachain, a new EVM-compatible L1 blockchain, introduces Proof-of-Liquidity (PoL) - a novel consensus mechanism that combines network security with liquidity provision. The system uses two tokens: - $BERA: Native gas token for security - $BGT: Governance token for liquidity providers Key features: - Validators can stake multiple tokens as liquidity - Integrated BeraHub for swapping, bridging, and LPing - $150k BERA rewards available through Euler markets The ecosystem incentivizes participation through an Incentive Marketplace where protocols can reward users with native tokens for interactions. [BeraHub](https://hub.berachain.com/) provides a streamlined user experience for financial operations.