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---
git-date:
layout: [blog]
title: "The Defiprime Post #190: Your Weekly DeFi News in Bite-Sized Fashion"
permalink: post190
h1title: "The Defiprime Post #190: Your Weekly DeFi News in Bite-Sized Fashion"
pagetitle: "The Defiprime Post #190: Your Weekly DeFi News in Bite-Sized Fashion"
metadescription: "A quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between April 7th and April 14th, 2024"
category: blog
featured-image: /images/blog/post.png
intro: "This week’s issue covers events between April 7th and April 14th, 2024"
author: LimePierre
tags: ["The Defiprime Post"]
---

Welcome to the 190th issue of _The Defiprime Post_, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between April 7th and April 14th, 2024.


## 🔥 The DeFi Bulletin

* The SEC is [moving to sue Uniswap](https://fortune.com/crypto/2024/04/10/sec-moves-to-sue-uniswap-in-bid-to-hobble-fast-growing-defi-sector/) in an effort to hobble the DeFi sector.
* Coinbase seeks to [take the question of the categorization of secondary trades, crucial to its SEC dispute, to a higher court.](https://www.coindesk.com/policy/2024/04/13/coinbase-seeks-to-take-core-question-in-us-sec-case-to-higher-court/?utm_medium=referral&utm_source=rss&utm_campaign=headlines)
* Crypto investment products [have seen record YTD inflows of $13.8B. ](https://www.theblock.co/post/286943/crypto-fund-inflows-hit-record-13-8-billion-usd-etf-hype-moderating-coinshares)
* The Block reported [less activity from long-term holders and more new users on Ethereum.](https://www.theblock.co/post/286847/new-users-flock-to-ethereum-while-long-term-holders-are-less-active-than-ever)
* MarginFi [saw a $155M outflow amid its leadership shakeup.](https://www.theblock.co/post/287748/marginfi-outflow)
* Goldfinch, a crypto lending platform, [suffered its third default on debts.](https://www.dlnews.com/articles/defi/goldfinch-borrower-lend-east-defaults-says-warbler-labs/)
* [$26M in liquidations hit Pac Finance](https://www.theblock.co/post/287992/26-million-in-unnecessary-liquidations-hit-blast-based-lender-pac-finance), a Blast-based lending platform.
* The dYdX community [voted to stake $60M from its treasury to boost economic security.](https://www.theblock.co/post/286841/dydx-community-votes-to-stake-60-million-from-treasury-to-boost-security)
* A Sushi DAO proposal to [transfer $40M to a new vault passed the signal vote.](https://www.theblock.co/post/287588/sushi-dao-treasury-proposal-passes-signal-vote?utm_source=rss&utm_medium=rss)
* Uniswap Labs [changed the swap fee for its interface from .15% to .25%.](https://www.theblock.co/post/288170/uniswap-labs-hikes-swap-fee-to-25-from-15-on-trades-through-interface?utm_source=telegram1&utm_medium=social)
* Hong Kong’s HashKey group [unveiled its Ethereum L2 chain.](https://www.theblock.co/post/287214/hashkey-ethereum-layer-2)
* EigenLayer and EigenDA [launched on the Ethereum mainnet.](https://www.coindesk.com/tech/2024/04/09/eigenlayer-and-eigenda-launch-on-ethereum-mainnet/)
* EigenLayer is [unpausing restaking deposits on April 16th.](https://www.blog.eigenlayer.xyz/unpausing-restaking-caps-on-april-16th/)
* The Tensor Foundation [launched its governance token, $TNSR.](https://www.theblock.co/post/287028/tensor-foundation-launches-governance-token-tnsr)
* The Nomic DAO Foundation is [adding a new yield option for BTC holders.](https://blockworks.co/news/liquid-staked-bitcoin-yield-option-btc-holders)
* deBridge [unveiled its points program ahead of its token launch.](https://www.theblock.co/post/287240/debridge-unveils-points-program-upcoming-token-launch)
* a16z unveiled [Jolt, a “zero-knowledge VM.”](https://www.coindesk.com/tech/2024/04/09/venture-firm-a16z-releases-jolt-a-zero-knowledge-virtual-machine/?utm_medium=referral&utm_source=rss&utm_campaign=headlines)
* Monad Labs, a project building an L1 chain to rival Ethereum and Solana, [raised $225M in funding.](https://fortune.com/crypto/2024/04/09/monad-paradigm-greenoaks-jump-crypto-funding-225-million/)
* Mezo, a Bitcoin L2 focused on yield, [launched after its $21M Series A funding round.](https://fortune.com/crypto/2024/04/09/21-million-series-a-mezo-bitcoin-layer-2-hodl-hodlers/)
* Alpen Labs came out of stealth mode, [revealing $10.6M in past seed funding.](https://www.theblock.co/post/287629/bitcoin-scaling-developer-alpen-labs-comes-out-of-stealth-reveals-10-6-million-in-past-seed-funding)
* Sapien, a project creating data labeling with AI, [closed a $5M funding round.](https://www.theblock.co/post/287560/sapien-raises-5-million-for-data-labeling-with-ai-applications)
* OpenTrade [secured $3.2M in seed funding](https://www.theblock.co/post/286996/a16z-crypto-startup-accelerator-joins-3-2-million-seed-round-for-opentrade), with investors including a16z.
* Stream Trading, a derivatives exchange, [closed a $1.5M seed funding round.](https://www.coindesk.com/business/2024/04/10/crypto-derivatives-exchange-stream-trading-raises-15m-in-seed-funding/)
* You can farm points from Bob Fusion [using our link.](https://fusion.gobob.xyz/?refCode=8qubj8)
* You can also perform [Restaking Farming](https://t.me/defiprime/9032) on Karak.

Thanks for reading, and be sure to catch the 191st issue of _The Defiprime Post_ out this time next week! 👋♦️👋

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