DeFi News Daily Official TheBitTimes.com

Seychelles-based crypto exchange OKX has announced support for three memecoins, including a newly launched altcoin related to Dogecoin (DOGE). In an announcement, OKX says it is rolling out perpetual futures support for meme tokens BasedBrett (BRETT), Simon’s Cat (CAT) and Neiro on ETH (NEIROETH). BRETT is the largest memecoin on Base, the blockchain launched by Coinbase, the biggest crypto exchange in the US. BRETT has a market cap of $683 million and is down over 40% since the start of August. Simon’s Cat was originally launched on the BNB Smart Chain (BSC) and was airdropped last month to holders of Floki (FLOKI), a Dogecoin competitor. CAT has a market cap of $187 million and is up 152% since printing an all-time low of $0.00001099 a few days after launching. Meanwhile, the Neiro project dubs the altcoin “the official sister of DOGE” that has arrived on Ethereum (ETH) to “make history.” NEIROETH currently has a market cap ...

As per DeFi Llama data, Solana’s TVL has decreased by 9.64% over the past month to sit at $358.96 million, while Base’s TVL has surged to $397.32 million. The total value locked (TVL) on Coinbase’s layer 2 network Base has surged to $397.32 million in roughly a month and a half since launching in August. That figure now places Base ahead of the Solana network in terms of TVL, which has $358.96 million at the time of writing. The past 30 days have been significant for Base, with data from DeFi Llama showing that the network’s TVL increased by a whopping 97.21% over the past month. In comparison, Solana’s TVL has decreased by 9.64% over that same time frame. Top 10 chains in terms of TVL. Source: DeFi Llama Two Base-native projects account for the largest shares of the TVL on the network. Decentralized exchange (DEX) Aerodrome Finance takes the top spot with a TVL of $97.83 million, while decentralized social media (DeSo) app Friend.tech ranks second with a TVL of $36.53 million. Ae...