It’s a busy week for positive developments in the crypto space. Infinex is excitedly preparing for a turbocharged upgrade that provides a whole new level of user experience. Meanwhile, Aave has plans to gradually introduce a new staking-as-a-mechanism. Hyperliquid is currently in the process of integrating with a perpetual futures product. Worldcoin continues to navigate regulatory challenges. Kaito is currently developing Kaito Connect, an upgrade to Kaito. These updates are a testament to the evolving, technical development and creativity that the DeFi ecosystem has to offer.

Infinex Prepares for Major Upgrade

Infinex, too, is about to launch a major upgrade aimed at improving the user experience to make it all more intuitive. The upgrade is intended to provide a complete, wrapped-up exchange-like experience. Meanwhile, it delivers on the non-custodial security promises of DeFi by using passkeys and on-chain recoverable vaults. This improvement is sure to expand Infinex’s reach and improve the overall experience for those who use it.

Next week’s Infinex release is a big one and it’s for everyone. - Infinex

The team posted a new platform on X that touted upcoming improvements as a major transformation of the platform. The upgrade aims to create the best of both worlds – the advantages of centralized and decentralized exchanges, a seamless and superior experience.

Aave's New Staking Mechanism

Aave looks set to launch a staking mechanism. This widespread improvement in the platform’s security and their new systems to incentivize participation should help combat these issues.

Aave’s Safety Module is a pool of staked AAVE tokens that can be used to cover deficits in the protocol during black swan events. Stakers earn rewards, but their tokens can be slashed in extreme cases. - a user on X (Twitter)

The new staking mechanism can bring a lot more users to Aave’s platform. It provides thrilling benefits for staking AAVE tokens. These staked tokens will be used to cover deficits in the protocol during extreme low events.

Hyperliquid's Integration and Enhancements

Hyperliquid, a Layer-1 blockchain optimized for DeFi, is gearing up to power DeFi App’s perpetual futures product. With this integration, users will have up to 50x leverage access to over 150 assets. Hyperliquid offers gas-free trading and sub-second latency.

CEX speed. DeFi custody. Perps on DeFi App launch next week. - DeFi researcher Nick

Hyperliquid’s Alpha Edition cross-chain wallet. It added support for over 1,000 tokens across Ethereum, Solana, Arbitrum, Base, Optimism and BNB Chain. The platform processes 100,000 orders per second. A price performance chart is available.

Worldcoin's Ongoing Challenges

Worldcoin still has some major hurdles to overcome. In particular, privacy. In response to these practices, the project’s biometric data collection practices have been banned in countries such as Spain and Kenya.

Currently, 75% of the tokens are in the hands of the community and 13.8% are in the hands of investors. The project has a price performance chart.

Kaito Connect Upgrade and Token Unlock

Kaito is developing a new upgrade, Kaito Connect, which introduces new mechanisms to balance rewards between Yappers and long-term KAITO holders. Kaito, which has $125 million in total value locked (TVL) and $67.7 million raised through Patron NFT sales.

Reminder, Kaito Connect upgrade is in the works! More ways to use KAITO & Yaps, more incentives, and new mechanisms. - KaitoAI

Sui blockchain to release $274.5 million worth of SUI tokens. This unlock also represents 2.3% of the current circulating supply. The use of tokens will be split among early contributors, community reserve, Mysten Labs Treasury, and Series B. Kaito has a price performance chart as well.

Ionet's Leadership Change and Vision

Ionet recently hosted an AMA session. Ahmad Shadid, the then-CEO and co-founder, stepped down in June 2024. This resignation followed closely behind IO’s token launch on Binance’s Launchpool.

Tory explains Ionet’s vision to become a better, cheaper, faster alternative to AWS and Google Cloud by tapping into millions of underutilized computing resources worldwide, and why crypto and AI have a symbiotic relationship together. - DeFi researcher Mr. Shift

Ionet aims to become a better, cheaper, faster alternative to AWS and Google Cloud by tapping into millions of underutilized computing resources worldwide. The project is a testament to the mutually beneficial connection between crypto and AI.