DEFI Intelligence Hub
Real-time accumulated intelligence, primary research, and executive digests for DEFI.
Uniswap activates fee switch on v4 pools
Uniswap governance has activated a protocol fee switch on v4 liquidity pools across seven networks, redirecting a share of swap fees into TokenJar contracts that buy and burn UNI instead of paying tokenholders directly. Proposal 100 passed with about 46.6 million votes supporting and 1.27 million opposing, resolving a long-running DeFi debate over how UNI should capture value from Uniswap’s activity while addressing legal, incentive, and market-structure concerns. Daily protocol revenue reportedly climbed from roughly $114,000 to $325,000, prompting scrutiny of how the new buy-and-burn design influences UNI’s economics, liquidity provider behavior, and future governance decisions on expanding or adjusting the mechanism.
Read Original Source ↗Bybit allows tokenized Nvidia Tesla shares as collateral
Bybit now accepts six tokenized US stocks, including Nvidia and Tesla, as collateral for margin trading and lending, allowing eligible retail and institutional users to borrow against tokenized holdings without liquidating their equity exposure. The xStocks, issued on Solana by tokenization platform Backed, are backed one-to-one by real shares held with regulated custodians, tying token supply and prices directly to the underlying Nvidia, Tesla, Apple, Robinhood, Circle, and Alphabet equities. Extending collateral use to Unified Trading Account, Crypto Loans, and Institutional Loans increases utility for previously spot-only xStocks, while competition intensifies as exchanges like Kraken and Bitget expand tokenized equity services within a rapidly growing $1.72 billion market.
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