🔥 Octav Phase 2 Coming
🔥 Octav Phase 2 Coming
🔥 Phase 2 Incoming
Octav announces major expansion with support for over 10,000 protocols across multiple chains.
The platform has launched a dedicated page at protocols.octav.fi to showcase their extensive protocol coverage.
Key highlights:
- Support for 10,000+ protocols
- Multi-chain compatibility (20+ chains)
- Unified app for building and financial analysis
Phase 2 development is underway, promising significant new features and capabilities for users.
Octav positions itself as a comprehensive solution for both developers building applications and users managing personal finances across the web3 ecosystem.
A lot of people have been asking: “Which protocols does Octav support?” So we built a page to answer that: protocols.octav.fi Over 10,000 protocols supported 👀 Phase 2 of Octav is 🔥 You’re not ready.
**Octav Users Embrace Plasma**: 12.7% of Portfolios Now Hold Assets on New Blockchain
**Octav portfolio allocation shifts to Plasma blockchain** 12.7% of Octav user portfolios now hold assets on Plasma, marking significant adoption of the new stablecoins-focused blockchain. **Asset distribution breakdown:** - 75% allocated to Aave (USDT earning 8% supply APY) - 20% in holding wallet tokens - 5% in DEX strategies across Balancer, Curve Finance, and Uniswap **Top tokens on Plasma:** $XPL, $Trillions, and $Bankless lead user holdings. This follows Aave's recent launch on Plasma, which supports USD, USDe, sUSDe, XAUt, WETH, and weETH with Chainlink price feeds.
Plasma Network Reaches $2.5 Billion in Total Value Locked
**Plasma network has achieved a significant milestone** with $2.5 billion in total value locked (TVL), representing 0.25% of the $1 trillion DeFi market. This data comes from **DefiLlama**, the leading DeFi analytics platform that tracks protocol metrics across multiple blockchains. **Key developments:** - Plasma maintains steady growth in locked capital - Network represents a notable portion of overall DeFi TVL - Integration with major protocols like Stargate Finance expanding accessibility The milestone demonstrates **growing institutional and retail confidence** in Plasma's infrastructure and its role in the broader DeFi ecosystem.
Octav Launches Perp DEX Dashboard Supporting 40+ Networks Including Hyperliquid and Lighter
**Octav expands multi-chain support** by adding Lighter to their platform, now covering: - **40+ EVM networks** - Solana - Hyperliquid - Lighter The team also launched **perpstats.octav.fi** - a comprehensive dashboard for perpetual futures trading across major exchanges. **Key features include:** - Real-time funding rate comparisons across Binance, Bybit, Hyperliquid, and Lighter - Historical data tracking - Delta-neutral strategy simulation tools - Funding spread identification for arbitrage opportunities The tool helps traders identify **funding rate arbitrage** - for example, when Binance pays +0.05% while Hyperliquid charges -0.02%, creating profit opportunities through delta-neutral positions. What started as an internal "side quest" became a full trading intelligence platform, positioning Octav as the only platform supporting this breadth of networks and DEX protocols. [Check out the perp stats dashboard](http://perpstats.octav.fi)
Lido's Gearbox Instance Hits $25M TVL After Launch
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 [Learn more about the Lido instance](https://blog.gearbox.fi/lido-instance-2/)