DWF Labs is developing a CeDeFi synthetic stablecoin aimed at enhancing user flexibility while providing attractive yields, according to a recent announcement. This initiative is part of DWF's broader strategy to establish itself as a global web3 financial institution. Concurrently, Avalanche is preparing for a significant token release, expecting a $1 billion unlock that could impact market liquidity. The release is part of a larger trend, with an estimated $1.5 billion in tokens set to be unlocked in August alone. Additionally, Clearpool Prime has reported over $75 million in total loans originated on its credit marketplace, which is now operational on multiple blockchain platforms including Optimism and Avalanche. Avantis has also marked a milestone by surpassing $1 million in open interest for trading real-world assets (RWAs) on its platform, further establishing its role in the evolving DeFi landscape.
What's new this week on Avantis? š« ⢠$1M+ in total OI across real assets (making Avantis the largest cross-asset leverage exchange in DeFi š¤Æ) ⢠$RENDER is back on Avantis ⢠Bridge/Swap with Socket! Read on below š§µ https://t.co/BT1naV7UY1
$1.5B tokens are getting unlocked in August. With so much liquidity suddenly released into the market, it will be interesting to see how the holders react. https://t.co/HDzDS6ggWC
#ICYMI: DWF Labs to debut synthetic stablecoin amid sectorās explosive growth Read the full article š https://t.co/t2nsMXODnB https://t.co/NU2zeRLWmq