#CMC Market Pulse | 14 Jun 2025
DEFI Brief:
Stablecoin payments blockchain, #Plasma , opens deposits for their upcoming XPL token sale. The initial cap of $500M was filled within six minutes, and the cap increase to $1B two days later was filled within 30 minutes.
Lending protocol, Morpho, unveils Morpho V2, an intent-driven lending platform powered by fixed-term and fixed-rate loans.
DEX aggregator, 1inch, introduce their new Pathfinder, advertising rates that are 6.5% better than ever before.
#Synthetix announces an expansion to launch a perp DEX on the Ethereum mainnet, after years of exploration on ETH L2s.
VC Fundraises and Airdrops 💰
Web3 security protocol, Hypernative, raises $40M in a Series B funding round led by Ballistic Ventures and Ten Eleven Ventures, with support from Quantstamp, Stepstone and more.
Stablecoin payment network, Noah, raises $22M in a seed round led by LocalGlobe, with participation from Felix Capital, FJ Labs, and angels including Joe Lonsdale, David Helgason and more.
Solana Optimistic Network secures a $5M strategic funding round from Jump Crypto and Amber Group, alongside notable angel investors.
Chain abstraction protocol, OneBalance, raises $20M in a venture funding round led by cyber Fund and Blockchain Capital, with support from Mirana and L2 Iterative Ventures.
DeFi super app, Defi.App, releases their HOME token airdrop. Claimants can stake their HOME tokens for 12 months to double their airdrop.
#MakerDAO - backed lending protocol, Spark, releases the eligibility checker for Season 1 of their airdrop, rewarding users of SparkLend and holders of USDS, sUSDS, DAI, sDAI, xDAI and SAI.
