Lily Liu, president of the Solana Foundation, has intervened in a dispute between long-standing lender Kamino Finance and newcomer Jupiter Lend, which launched in August and quickly amassed $1 billion in TVL. The intervention signals an attempt to de-escalate tensions as competition over liquidity and integrations intensifies on Solana.
Starknet reactivated its ecosystem and reached at least $276 million in TVL, driven by an aggressive rewards program for Bitcoin deposits. StarkWare CEO Eli Ben‑Sasson says the result validates turning Bitcoin into a productive, liquid asset.
Ethereum's dominance in DeFi has dipped below 68% as Layer‑2s and rival chains capture more TVL and volume. The shift reflects fee-driven migration, fresh liquidity incentives and growing multi‑chain activity.