Welcome to the 180th issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between January 28th and February 4th, 2024.
🔥 The DeFi Bulletin
- Abracadabra Finance was exploited for $6.4M.
- Superstate introduced its first product, an Ethereum-based tokenized fund.
- Pike went live on the mainnet.
- Alchemy released its 2023 Web3 Development Report.
- Puffer, a liquid restaking protocol, received an undisclosed sum of funds from Binance Labs.
- Cube, a hybrid exchange, closed a $12M Series A funding round.
- Clusters, a cross-chain multi-wallet name service, raised $9M in funding.
- Velar secured $3.5M in funding to build the first perpetual DEX on Bitcoin with the funds.
- Infrared Finance raised $2.5 in seed funding, with the round led by Synergis.
- TProtocol secured an undisclosed quantity of funding from multiple investors in an angel round.
💱 DEX Report
- Portal, a Bitcoin-based DEX, secured $34M in seed funding.
- BBO, a decentralized exchange, closed a $2.7M pre-seed funding round.
💎 NFT News
Thanks for reading, and be sure to catch the 181st issue of The Defiprime Post out this time next week! 👋♦️👋
