According to a report by Jinse Finance, 1inch's report shows that 83% - 95% of the liquidity in mainstream Decentralized Finance (DeFi) liquidity pools such as Uniswap and Curve is idle, with billions of dollars in funds not generating fee income or any returns. This inefficiency issue has a particularly severe impact on retail liquidity providers: 50% of retail investors incur losses due to impermanent loss, with total net losses exceeding 60 million dollars. 1inch proposed to solve this problem through its Aqua protocol - this protocol allows DeFi applications to share a unified liquidity pool, aiming to optimize liquidity utilization, reduce capital fragmentation, and simultaneously enhance returns for liquidity providers.

Layer-3 (L3) Blockchain Orbs announced the launch of the first decentralized stop loss order protocol, dSLTP, aimed at DEX, allowing DEX users to execute stop loss and take profit orders on-chain without relying on centralized intermediaries. dSLTP is built on the Orbs infrastructure, dedicated to providing reliable, robust, and efficient stop loss and take profit execution for decentralization trading, while ensuring security and decentralization features. dSLTP joins the Orbs advanced trading order suite along with dLIMIT and dTWAP to extend DeFi functionality with CeFi-level trading capabilities.

Gate News Bot news, on November 21, according to CoinMarketCap data, as of the time of writing, SUI (Sui) is currently priced at $1.39, with a 15.21% fall in the last 24 hours, reaching a high of $1.80 and a low of $1.38. The 24-hour volume reached $1.158 billion. The current market capitalization is approximately $5.111 billion, a decrease of about $0.917 billion compared to yesterday. Important news about SUI recently: 1️⃣ **Sui ecosystem DeFi innovation continues to advance** The perpetual contract DEX Astros in the Sui ecosystem announced a collaboration with the AI cryptocurrency asset research platform Surf Copilot to deeply integrate AI technology into the on-chain trading interface. This initiative aims to provide users with a more efficient and accessible trading experience, reflecting the Sui ecosystem's development in DeFi.

Gate News bot news, according to the official announcement from Gate on November 20, 2025. Gate will launch BOB spot trading on November 20, 2025, at 20:30 ( UTC+80, opening the BOB/USDT trading pair. The BOB project is dedicated to building a Bitcoin DeFi ecosystem by combining the security of Bitcoin with the flexibility of Ethereum, creating a liquidity and application platform for Bitcoin. The project employs hybrid chain technology, integrating ZK zero-knowledge proofs with BTC staking, to create a native bridge connecting Ethereum and Bitcoin)BitVM(, supporting users to perform cross-chain DeFi operations on 11+ chains.

Chainlink (LINK) continues to be affected by negative market sentiment in November. The selling pressure has caused its price to fall 50% from the peak of the last quarter. However, Grayscale and several analysts still maintain a bullish outlook. The decline over the past three months has also brought LINK back to its most important support level in the past two years. Grayscale is one of the largest investment firms in the digital asset space and recently released a highly optimistic research report on the LINK token. The report emphasizes Chainlink's role as the infrastructure layer for decentralized finance (DeFi) and asset tokenization. This report describes Chainlink as a middleware module that enables on-chain applications to securely use off-chain data and allows them to interact across blockchains, meeting enterprise-level compliance requirements.

Ripple is considering whether to introduce staking features to the XRP Ledger (XRPL). This move will further integrate this decade-old blockchain into the rapidly evolving Decentralized Finance (DeFi) space. RippleX Engineering Director J. Ayo Akinyele published a blog post discussing how staking expands the utility of XRP and reshapes the incentive mechanisms for validators and token holders, which sparked this discussion.

Gate News Bot news, on November 20, according to CoinMarketCap data, YALA (Yala) is currently priced at $0.04, with a rise of 17.15% in the last 24 hours, peaking at $0.05 and dropping to a low of $0.03. The current market capitalization is approximately $9.29 million, an increase of $1.36 million compared to yesterday. Yala is a platform that mints the $YU stablecoin by over-collateralizing Bitcoin. $YU can generate yields in DeFi protocols and real-world assets, achieving cross-chain liquidity. Yala offers true autonomy: self-custody, low liquidation risk, and full Bitcoin exposure. The platform has currently launched a loyalty program, where eligible users can earn 2x Berries by staying active from September 23 to December 8. Additionally, Yala has extended the Q2 snapshot to

On November 20, the crypto market showed overall fluctuations, with the Layer2 zone performing strongly, as Starknet and zkSync rose by 17.49% and 15.23%, respectively. Bitcoin slightly rose by 0.09%, while Ethereum fell by 1.93%. The NFT and AI zones saw slight increases, whereas both DeFi and Layer1 zones experienced declines.

Gate News Bot message, November 20, according to CoinMarketCap data, as of the time of publication, STRK(Starknet) is currently priced at $0.27, rising 23.91% in the last 24 hours, with a high of $0.27 and a low of $0.13. The current market capitalization is approximately $1.214 billion, an increase of $234 million compared to yesterday. Starknet is the DeFi layer for Bitcoin, supported by ZK technology. It leverages the power of STARK technology to ensure computational integrity, verifying off-chain transactions through advanced mathematics and cryptography, overcoming Ethereum's scalability limitations. Starknet is a validity rollup, providing infinite scalability while retaining Ethereum's security and decentralization. Important news about STRK recently: 1️⃣ **Gate launched the STRK staking quick redemption function

PANews November 20 news, according to CoinDesk, DeFi giant Spark has decided to suspend its encryption mobile application development plans, focusing instead on DeFi native liquidity infrastructure and institutional trading, such as the recent $1 billion investment in PayPal's stablecoin PYUSD. The developer behind Spark is Phoenix Labs.

BlockBeats news, on November 20, Circle announced that its tokenization money market fund USYC has been launched on the BNB Chain, and eligible developers and traders will be able to adopt and generate yield in the DeFi protocol.

The DeFi protocol Spark has suspended the launch of its mobile application to focus on liquidity infrastructure and institutional trading in response to intense market competition. The CEO stated that the development was paused due to insufficient market opportunities.

PANews, November 20th news, according to the official blog, Aave announced that the Aave V4 Testnet is now live, and the codebase is open for public review. It has also deployed a developer preview version "Aave Pro", which is a new interface for Aave network applications aimed at DeFi native users. The community can use this to test new features, and developers can experiment with implementation plans. Aave V4 introduces a brand new "Hub and Spoke" architecture. This architecture brings a variety of new design paradigms to Aave, each with its unique advantages. Funds are no longer dispersed across various markets on the same chain. Instead, all liquidity is routed through "Liquidity

PANews reported on November 19 that NASDAQ-listed company DeFi Development (DFDV) announced that it has submitted its quarterly 10-Q report for the period ending September 30, 2025. The company reported an unrealized gain of $74 million in the third quarter due to changes in the fair value of digital assets, bringing the year-to-date (YTD) unrealized gains to $96 million.

TRONBANK, a provider of infrastructure for the TRON ecosystem, has received strategic investments from five international institutions, with BlockX leading the investment with $10 million. As a DeFi platform, TronBank focuses on energy leasing, TRX staking, and on-chain yield services.

Odaily News reported that the crypto market maker Wintermute stated on platform X that it has followed up with the crypto working group of the SEC and has put forward two key points: 1. Regulated dealers should be authorized to establish their own tokenization securities clearing and settlement procedures without triggering rules applicable to brokers providing clearing services to customers, allowing dealers to settle directly on-chain with counterparties and adopt customized risk management standards; 2. Proprietary trading and liquidity provision on DeFi protocols should not trigger dealer registration. If a company trades solely for its own account and does not interact with customers, that activity falls under the long-standing "trader exemption" provisions.

Gate News Bot news, on November 19, according to CoinMarketCap data, as of the time of writing, GNO (Gnosis) is currently priced at $143.98, with a rise of 13.41% in the last 24 hours, reaching a high of $159.70 and a low of $114.89, with a 24-hour volume of $19,400. The current market capitalization is approximately $380 million, an increase of $44,900 compared to yesterday. Gnosis is committed to building the future of finance. The project offers low-risk DeFi products and consumer applications, with an active ecosystem of innovators. Gnosis Chain has over 300,000 validators, with a fee of only $0.0001 per 100,000 gas, and maintains 100% uptime. Gnosis also provides VC support and has funded over 80 of the most promising early-stage projects.

Gate News Bot news, on November 19, according to CoinMarketCap data, BICO (Biconomy) is currently priced at 0.06 USD, having risen 13.38% in the last 24 hours, with a high of 0.06 USD and a low of 0.05 USD. The current market capitalization is approximately 598,000 USD, an increase of 70,600 USD from yesterday. Biconomy is a cross-chain interface platform designed to simplify blockchain interactions. It allows users to perform complex DeFi operations without paying gas fees, set up recurring or scheduled transactions, and achieve automation. Biconomy supports single user signature transaction execution across multiple blockchains, providing a unified balance view and a one-click user onboarding experience. The platform is built on a modular account foundation and is compatible with the ERC-4337 and ERC-7579 standards.

ChainCatcher message, SIP-033 and SIP-034 proposals have officially activated at Bitcoin Block Height 923222, and the Bitcoin smart contracts layer Stacks has synchronized the launch of the Clarity 4 smart contract language. This upgrade adds six core functions for developers: on-chain contract code hash retrieval and verification, custom post-condition settings for contracts, simple value to ASCII string conversion, current block timestamp retrieval, secp256r1 signature verification (supporting native key integration), and a dimensioned resource term extension mechanism. These features will lower the development threshold for native DeFi applications on Bitcoin, helping to build safer and more flexible financial protocols, further strengthening Stacks' position as the liquidity layer of the Bitcoin ecosystem. All transactions on Stacks are settled on the Bitcoin blockchain, relying on transfer proofs.

Gate News Bot news, on November 18, according to CoinMarketCap data, as of the time of writing, UAI (UnifAI Network) is currently priced at $0.20, with a rise of 18.74% in the last 24 hours, peaking at $0.24 and dipping to a low of $0.15. The current market capitalization is approximately $48.4 million, an increase of $7.64 million from yesterday. UnifAI Network is an AI-native infrastructure platform focused on the field of intelligent financial agents. The project provides users with convenient tools to create, share, copy, and automate trading strategies, aiming to enable everyone to easily participate in intelligent finance. UnifAI Network integrates over 100 leading DeFi protocols, linking complex operations into atomic, composable tools for no-code strategy deployment. UAI near

Gate News Bot news, on November 18, according to CoinMarketCap data, as of the time of writing, CLO (Yei Finance) is currently reported at $0.24, having pumped 19.85% in the last 24 hours, with a high of $0.24 and a low of $0.16. The current market capitalization is approximately $30.3 million, an increase of $5.03 million compared to yesterday. Yei Finance is a cross-chain DeFi protocol that offers services such as lending, trading, and cross-chain bridging. Its main products include the pre-staked vault, YeiLend, and YeiSwap. The pre-staked vault allows users to earn returns across multiple chains with a one-time deposit. YeiLend provides lending services to users, while YeiSwap is a decentralized exchange. Yei Finance is committed to providing users with efficient and low-cost cross-

Gate News Bot news, on November 18, according to CoinMarketCap data, as of the time of writing, ZEN (Horizen) is currently priced at $15.87, having risen 14.19% in the last 24 hours, with a high of $16.99 and a low of $11.56, and a 24-hour volume of $344 million. The current market capitalization is approximately $279 million, an increase of $34.6 million compared to yesterday. Currently, ZEN ranks 142nd in the global Crypto Assets market capitalization. Horizen is an EVM-compatible blockchain that provides confidential, compliant trading and secure on-chain activities for individual traders and financial institutions. ZEN is the native token of Horizen, now live on Base, used for confidential DeFi, governance, and long-term ecosystem growth. ZEN is one of the earliest fairly issued zero-knowledge proof tokens, with no ICO or

PYUSD has added a circulation supply of 625 million USD in the past week, an increase of 22%, performing exceptionally in the stablecoin market, making it the sixth largest stablecoin in DeFi. Although there is a gap compared to USDT, USDC, and others, PayPal's user base and brand influence may boost its future rise.

Avalanche will launch the Granite upgrade this week, enhancing transaction speed and security, with settlement times shortened to 2 seconds. Core updates include dynamic transaction processing, drop in cross-chain costs, and biometric signature functionality. However, Avalanche faces economic challenges, with $1.4 billion in DeFi deposits lost, and whether this upgrade can turn the tide is a matter of follow.

Golden Finance reported that the Nasdaq-listed company Hyperion DeFi has announced that it has signed a sales agreement with Cantor Fitzgerald & Co. and Chardan Capital Markets, LLC to issue and sell its common stock through these two sales agents to raise $500 million. The new funds will support its further expansion and operations, as well as to increase its holdings of HYPE Token.

According to Golden Finance, Crypto In America reports that Senate staff are racing against the clock to finalize the market structure legislation draft before Thanksgiving. Senate Agriculture Committee Chair John Boozman (Republican, Arkansas) stated he is committed to achieving this timeline and noted that the government shutdown has delayed his original plan to review the bill this week. House Banking Committee Chairman Tim Scott (Republican, South Carolina) originally planned to complete the review of the banking bill by the end of September, but he has not yet indicated when the draft portion under his committee's jurisdiction will be submitted for a vote. The text of the draft has not been made public since it became a bipartisan product after last month's bipartisan roundtable discussions on Capitol Hill, and it is still unclear whether it will be released before the Thanksgiving holiday. The draft leaves several key gaps, including how to regulate decentralized finance (DeFi), and the content in parentheses.

BlockBeats news, on November 17, CoinMarketCap and Reserve jointly launched CMC20 on the BNB Chain, the first DeFi native tradable index Token that tracks the top 20 crypto assets by market capitalization, providing investors with a one-stop diversified portfolio. CMC20 is deployed on the BNB Chain by Lista DAO, supporting 24/7 minting and redemption, and can be used on decentralized exchanges such as PancakeSwap and mainstream Wallets. It not only brings a simplified investment experience to retail and institutional investors but also reflects the strength of the BNB Chain as an innovative financial infrastructure among high-activity public chains. The BNB Chain ecosystem is rapidly developing, and with CMC20, investors can transparently manage multiple assets on-chain.

Odaily News CoinMarketCap announced on the X platform the launch of the first DeFi native tradable encryption index token CMC20. This token is based on the BNB Chain and aims to provide diversified investment in the top 20 encryption assets. CMC20 was developed in collaboration with Reserve Protocol and deployed by Lista DAO, and is now available on PancakeSwap and Trust.

PANews November 17 news, according to CoinDesk, the DEX aggregator 1inch has launched a new liquidity protocol Aqua, which aims to enable DeFi applications to share the same fund pool across multiple strategies without compromising users' asset custody rights. Developers can now access the Aqua Software Development Kit (SDK), codebase, and technical documentation on GitHub, with a complete front-end interface expected to go live in early 2026. Aqua introduces what 1inch calls the "shared liquidity layer," allowing funds in a single wallet to support multiple trading strategies simultaneously. Typically, users must choose a single strategy and lock their funds in a specific smart contract. However, with Aqua, these assets remain in the user's wallet and are only called upon by the strategy when a trade is executed. Specifically, liquidity providers can authorize their tokens for multiple strategies at the same time, such as self

ChainCatcher message, RootData has released a compilation of zombie projects and will continue to update it. This compilation aims to help investors identify potential risks and promote the healthy development of the industry ecosystem. It is reported that the first batch of 76 "zombie projects" has been exposed in this compilation, covering fields such as DeFi, NFT, GameFi, and infrastructure. These projects mostly originated from the bull-bear transition period of 2022-2023, when the financing boom subsided, and the projects fell into an inactive state, with no updates on product features or operational activities in the past six months, becoming "zombie" projects.

Gate News bot message, according to the Gate announcement on November 17, 2023: Gate has launched a new 7-day fixed-term financial product for SOL tokens, with an annualized yield of up to 14.9%, which includes an additional 10% annualized return bonus. The new product will offer a total of 750,000 PLAYSOLANA tokens as an additional reward. This reward will be distributed on a first-come, first-served basis and will be issued daily in the form of PLAYSOLANA tokens to eligible users. PLAYSOLANA is a Web3 gaming platform built on Solana, dedicated to creating a super hub that integrates hardware, games, and brand IP, combining GameFi and DeFi functionalities to provide users with gaming, construction, and earning opportunities.

Gate News Bot news, on November 17, according to CoinMarketCap data, as of the time of writing, HOME (Defi App) is currently priced at $0.02, having risen 6.35% in the last 24 hours, reaching a high of $0.03 and a low of $0.02. The current market capitalization is approximately $577,000, an increase of $34,400 compared to yesterday. HOME Recent Important News: 1️⃣ **Bitcoin home mining is heating up in Europe** Bitcoin home mining activities in Europe are showing a rising trend. More and more individual investors are starting to set up small mining devices at home, a trend that may indirectly drive the demand growth for decentralized application tokens such as HOME. 2️⃣ **Bitcoin may be the key to unlocking the dream of home ownership** Some analyses suggest that Bitcoin may become a help for young

Gate News Bot message, on November 17, according to CoinMarketCap data, as of the time of writing, PI (Pi) is currently priced at $0.23, having risen by 3.57% in the last 24 hours, with a high of $0.24 and a low of $0.21. The 24-hour volume reached $34.4 million. The current market capitalization is approximately $1.888 billion, an increase of $65 million compared to yesterday. PI currently ranks 46th in global Crypto Assets market capitalization. Important news about PI recently: 1️⃣ **Testnet DeFi features are continuously improving** Pi Network has launched a series of new features on the test network, including a decentralized exchange (DEX), automated market maker (AMM) liquidity pools, and token creation tools. Users can use Test-Pi for token swaps, liquidity mining, and other DeFi activities.

Gate News bot message, on September 15, 2025, according to the announcement from Gate exchange. Gate announced the adjustment of the trading start time for Tharwa (TRWA), which has been postponed from the originally scheduled time of September 15, 2025, 18:00 (UTC+8 to 20:00 )UTC+8 on the same day. Tharwa is an Ethereum-based DeFi protocol, with the TRWA token serving as its native governance token, providing holders with participation rights in the protocol, including treasury management, staking, and governance functions. The contract address for the TRWA token is 0x7b10d50b5885bE4c7985A88408265c109bd1EeC8, and the TRWA/USDT trading pair will be available on Gate.

Odaily News The DeFi community YAM stated in a post on X that it has observed dangerous signals from the Yala stablecoin YU. An address closely related to Yala is fully borrowing USDC and most of the YU funds from the Yala Frontier market on Eulur. Despite the interest rates remaining high, there have been no repayment actions. Currently, the market's capital utilization rate has reached 100%, which means lenders cannot withdraw any liquidity. The Euler team has also set the borrowing limit for the Yala market on Frontier to zero. It is reported that the Yala team has not responded to either the Euler team or Discord community users. YAM added that currently YU is in

Gate News Bot message, on November 14, according to CoinMarketCap data, as of the time of writing, MANTA (Manta Network) is currently priced at $0.12, with a rise of 3.93% in the last 24 hours, reaching a high of $0.13 and a low of $0.10. The current market capitalization is approximately $55 million, an increase of $2.08 million compared to yesterday. MANTA currently ranks 438th in the global crypto assets market capitalization. Important news about MANTA recently: 1️⃣ **Manta Network ecosystem continues to expand** Manta Network, as a blockchain project focused on privacy protection, is continuously expanding its ecosystem. The network aims to provide scalable privacy solutions for decentralized finance (DeFi) applications, attracting more and more.

Gate News Bot news, on November 14, according to CoinMarketCap data, as of the time of writing, TAC (TAC Protocol) is currently reported at $0.005928, with a rise of 16.06% in the last 24 hours, hitting a high of $0.00608341 and a low of $0.00464539, with a 24-hour volume of $4.38 million. The current market capitalization is approximately $15.5 million, an increase of $2.14 million compared to yesterday. Important news about TAC recently: 1️⃣ **Successfully raised $11.5 million to support the DeFi development of the Telegram ecosystem** TAC Protocol announced the completion of a $11.5 million financing round, aiming to bring DeFi services to Telegram's billion-user ecosystem. The funds will be used for the development of a project based on the TON blockchain.

Gate News Bot news, on November 14, according to CoinMarketCap, as of the time of writing, F (SynFutures) is currently priced at 0.01 USD, having risen 2.53% in the last 24 hours, with a peak of 0.01 USD and a low of 0.01 USD. The current market capitalization is approximately 33.2 million USD, an increase of 821,000 USD compared to yesterday. F Recent Important News: 1️⃣ **Conflux Network launches USD₮0 and CNH₮0 stablecoins** Conflux Network has successfully deployed two stablecoins: USD₮0 and CNH₮0. This move enriches the DeFi infrastructure of the Conflux ecosystem, providing users with more options for trading and value storage. As a project in the derivatives sector, SynFutures may

Gate News Bot news, on November 14, according to CoinMarketCap data, as of the time of writing, EVAA (EVAA Protocol) is currently priced at 1.86 USD, having risen 10.68% in the last 24 hours, with a highest of 2.74 USD and a lowest of 1.51 USD. The 24-hour volume has reached 29.4 million USD. The current market capitalization is approximately 12.3 million USD, an increase of 1.19 million USD compared to yesterday. Important news about EVA recently: 1️⃣ **Successfully completed private token sale** EVAA Protocol recently raised $2.5 million in a private token sale. The funds will be used to further develop and expand its DeFi lending services within the TON ecosystem. The success of this funding round indicates investor confidence in the EVAA project, which may be driving its recent price rise.

Gate News Bot news, on November 14, according to CoinMarketCap data, as of the time of writing, RZTO (RZTO) is currently priced at $0.00268031, with a rise of 24.32% in the last 24 hours, reaching a high of $0.0039877 and a low of $0.00176739, with a 24-hour volume of $1.1 million. Current market capitalization data is not available. RZTO is currently ranked 3806 on CoinMarketCap. Important news about RZTO recently: 1️⃣ **Collaborate with AssetSwap.AI to promote AI-driven trading capabilities** RZTO has reached a strategic partnership with AssetSwap.AI, aiming to provide users with AI-driven trading capabilities. This collaboration will empower users to better seize opportunities in the DeFi market and is expected to enhance R

PANews, November 14 - According to The Block, the yield-generating tokenized XRP product mXRP developed by Midas in collaboration with Axelar developer Interop Labs is expanding to the BNB Chain through integration with the lending protocol Lista DAO on the network. This integration allows mXRP to be used as collateral in the Lista lending market, enabling holders to earn both the basic yield of mXRP and additional DeFi returns in liquidity pools and the lending market. This expansion allows mXRP to break through its existing application scope on the XRP ledger and the Ethereum Virtual Machine (EVM) sidechains.

Gate News bot message, according to the official announcement from Gate on November 14, 2025: Gate will launch Play Solana( for spot trading on November 14, 2025, at 22:00 UTC+8. The trading pair will be PLAYSOLANA/USDT. Play Solana is a Web3 gaming platform built on Solana, aimed at becoming a super hub that integrates hardware, games, and brand IP, merging GameFi and DeFi functionalities. The platform allows players to earn profits by participating in games. The contract address for the PLAYSOLANA token is PLAYs3GSSadH2q2JLS7djp7yzeT75NK78XgrE5YLrfq.

PANews November 13 news, according to DeFi researcher Ignas, Aave is currently voting to set the LTV of tokens such as $CRV, $UNI, $ZK, $BAL, $LDO, 1INCH, $METIS, $CAKE to 0 and remove lending due to a big dump during the 10/10 (Beijing time 10/11 early morning) period, where the Oracle Machine updated once, causing a rise of 15%–50%, and some price feeds had latency, resulting in bad debt risk. Ignas pointed out that the price feed from Chainlink and DEX prices previously showed a price difference of about 58%, leading to ~$200K funds being arbitraged; the total collateral income for these assets over the past three months is about $14K, with low borrowing income (e.g., CRV annualized ~$80K). He, as a delegator, has voted in support.

BlockBeats news, on November 13, the Hyperliquid ecosystem DeFi project Hyperwave announced that all withdrawals submitted since Saturday (November 8) need to be resubmitted due to the rare fall in the exchange rate of its HLP treasury yield-bearing liquidity token hwHLP. Support tickets can be submitted via the official Discord or within the app. Earlier today, a certain address was suspected of "malicious manipulation" of the POPCAT price on Hyperliquid, resulting in a loss of 4.9 million USD for HLP.

The "Web3 Game Summit and Mythoria Product Launch", jointly initiated by organizations such as Mythoria and Bluemount, will be held in Vietnam on November 13, 2025. The theme is "Join the New Ecosystem of Chain Games and Build a Digital Future Together", focusing on Gamefi collaborative mechanisms and international standards, and will announce the DEFI and chain game experimental results in the Vietnamese market.

Golden Finance reported that the on-chain financial privacy protection startup Zaiffer announced the completion of €2 million in financing, with investments from Web3 startup incubator Pyratz Labs and open source encryption company Zama. The company focuses on utilizing fully homomorphic encryption (FHE) technology to protect privacy in Blockchain and DeFi infrastructure. The new funds are intended to support its construction of a universal confidentiality layer for the DeFi ecosystem.

PANews reported on November 13 that Balancer posted on the X platform, stating that in response to the recent Balancer V2 stablecoin pool incident, the Balancer team has initiated a white hat recovery operation and transferred approximately $4.1 million in funds to a controlled escrow account for reconciliation and refunds. This applies only to the Balancer V2 stable pool, and Balancer V3 is unaffected. Balancer reminds community users to be cautious of Phishing and currently advises against any operations with the listed funds pools. Further information will be updated after the reconciliation is completed. According to previous reports, the DeFi protocol Balancer suffered a hack with a loss of approximately $116.6 million, involving the transfer of assets across multiple chains, including WETH and Staked.

Mantle partners with Anchorage Digital to provide institutional-grade secure custody and self-custody wallet support for its $MNT tokens. This collaboration enables global institutions to securely hold $MNT assets and participate in Mantle's DeFi ecosystem, driving traditional financial institutions into the decentralized space.

Gate News Bot message, November 13th, according to CoinMarketCap data, as of press time, PI (Pi) is currently priced at $0.23, up 1.49% in the past 24 hours, with a high of $0.24 and a low of $0.21. The current market capitalization is approximately $1.881 billion, an increase of $27.76 million from yesterday. Recent important news about PI: 1️⃣ **Testing network DeFi features continue to improve** Pi Network has launched new features on its testnet, including a decentralized exchange (DEX), automated market maker (AMM) liquidity pools, and token creation tools. Users can use Test-Pi to perform token swaps, liquidity mining, and other DeFi operations. The launch of these new features indicates that Pi Network is actively expanding its ecosystem to prepare for future mainnet DeFi applications.

As the meme craze subsides, Solana's active addresses have dropped to 3.3 million, hitting a 12-month low. Nevertheless, the network continues to expand its infrastructure, with a total value locked in DeFi reaching $10 billion, and several protocols performing well.