Morpho Lite Launch

"Title: Pioneering Peer-to-Peer Lending in the DeFi Revolution" "Written by: Paul Veradittakit, Partner at Pantera Capital" Compiled by: Chris, Techub News Morpho is surpassing traditional protocols such as Compound and changing the DeFi landscape, showcasing the power of its innovative lending model. Initially using Morpho Optimizers for direct peer-to-peer credit limits, Morpho has now expanded to include Morpho Blue, which adopts a point-to-pool model that combines the best of both worlds to improve efficiency.

The first-generation DeFi with the first-mover advantage is still evolving.

Ethena: A New Generation of Crypto Assets Federal System 1. The background of the Ethena team The Ethena team has a rich background in Crypto Assets, finance, and technology. The founder has worked at large hedge funds, the COO has experience at well-known investment institutions and derivatives exchanges, and the head of the Asia-Pacific region has held important positions at several Crypto Assets companies. According to public information, Ethena has completed three rounds of financing, with a total financing amount of nearly 120 million USD. Investors include several well-known exchanges, market makers, traditional financial institutions, etc., which have provided Ethena with financial support and industry resources. 2. Ethena Project Overview Ethena is a synthetic dollar protocol that has launched the stablecoin USDe and the savings asset sUSDe. The stability of USDe is backed by Crypto Assets and the corresponding

Hyperliquid has recently challenged the status of traditional Centralized Exchanges with record contract open interest and capital inflow reversal. The governance token HYPE has seen a significant rise in market capitalization, and the ecosystem is rapidly expanding. However, slow user growth and trust rebuilding remain challenges it faces. Overall, Hyperliquid demonstrates strong development momentum.

DeFi stablecoin yield ecosystem transformation: institutional get on board drives infrastructure upgrade The yield landscape of DeFi stablecoins is undergoing profound changes. A more mature, resilient, and institutionally aligned ecosystem is taking shape, marking a significant shift in the nature of on-chain yields. This report analyzes the key trends shaping on-chain stablecoin yields, covering institutional adoption, infrastructure development, user behavior evolution, and the rise of yield stacking strategies. Institutional Adoption of Decentralized Finance: A Quietly Rising Trend Even though the nominal DeFi yield of assets such as stablecoins has been adjusted relative to traditional markets, institutional interest in on-chain infrastructure is steadily growing. Protocols like Aave, Morpho, and Euler are attracting attention and usage. This participation is driven more by the unique advantages of composable and transparent financial infrastructure rather than simply pursuing the highest annual yield, and these advantages are further enhanced through continuous improvements.