The latest DeFi developments👇 Ethereum Foundation announced they’re working on scaling the L1 Cosmos launched IBC Eureka - a major upgrade that enables native interoperability with Ethereum Pendle partnered with Amber Group, a digital asset leader that will start using Pendle as part of its on-chain treasury strategy Donald Trump blocked the IRS rule requiring DeFi apps to report customer data from all users Jupiter released Jupiter Pro, a platform for advanced Solana traders. It comes with real-time analytics and 10x lower fees than competitors Resolv Labs, an innovative stablecoin protocol, raised 10M in funding. Coinbase Ventures is among its early backers Mode introduced Mode Trade - an AI-powered perpetual trading terminal KernelDAO launched its token and the airdrop claiming portal. Kernel is one of the largest restaking protocols AAVE DAO is discussing a proposal to deploy AAVE V3 on Aptos MANTRA’s OM token crashed 90% in just a few minutes. The team said this happened due to “reckless liquidations“ GMX announced plans to launch a Bitcoin-native version of its exchange Loopscale, a modular lending platform that enables leveraged yield farming, was launched on Solana Cork Protocol, a new DeFi primitive that tokenizes the risk of depeg events, went live on Ethereum Raydium introduced LaunchLab, an all-in-one token launchpad Monad announced that native USDC will launch on its mainnet That's all for today. If you enjoyed reading this, a like and a retweet would be much appreciated🫡