Gate News message, April 22 — OP Labs announced the launch of Privacy Boost, a privacy product first deployed on OP Mainnet (formerly Optimism), designed to attract more enterprises into the Ethereum ecosystem. The product, offered as a software development kit and API interface, enables private tra

Volo on Sui reports a $3.5M breach in three vaults; freezes vaults; $28M TVL unaffected; investigation underway; Volo bears the loss and will publish a post-incident report. Volo, a BTCFi and liquid staking token protocol on the Sui network, disclosed a security breach affecting about $3.5 million across three vaults. The team froze all vaults and notified the Sui Foundation and ecosystem partners; the remaining vaults totaling around $28 million TVL remain secure. Volo will bear the loss and publish a comprehensive post-incident report and remediation plan after the investigation is complete.

Gate News message, April 21 — According to the latest weekly report, JUST protocol's total value locked (TVL) reached $11.4 billion, capturing 41.83% market share in Tron's DeFi ecosystem. The protocol's core lending business remains robust, with deposit volume exceeding $3.75 billion. Through

Gate News message, April 21 — DeFi depositors faced withdrawal issues over the weekend across major protocols including Aave, rsETH, and LayerZero, prompting Curve Finance founder Michael Egorov to publicly criticize the industry's architectural approach. "Are we an industry of clowns?" Egorov

Gate News update, according to the official Gate announcement on April 21, 2026 Gate Yubibao launches the second round of SWCH wealth management benefits. SWCH 7-day fixed-term wealth management products are now live, with an annualized yield of 200%. The total allocation for this round is 4.9M SWCH. Quantities are limited—first come, first served. The campaign runs from April 21, 2026 at 16:00 to June 30, 2026 at 16:00 (UTC+8). SwissCheese is revolutionizing stock trading through DeFi, providing an efficient and transparent decentralized platform for tokenized stock trading.

Michael Egorov, founder of Curve Finance, urges the DeFi industry to develop unified security standards to prevent centralized vulnerabilities. He highlights recent incidents affecting users and calls for collaboration among key organizations for proactive security measures.

Solana's Chief Product Officer bought $10,000 in XRP to showcase wXRP's utility, driving $1 million in liquidity within 24 hours. This highlights growing interoperability in DeFi and signals a shift in liquidity flows as ecosystems merge.

DeFi tokens have sharply declined due to a bad debt event affecting multiple protocols, with AAVE and LayerZero both dropping 22%. Contagion fears impacted even those without direct exposure, like Ethena and Compound.

A recent hack draining nearly $300 million from a crypto project led to a liquidity crisis on Aave, causing users to withdraw around $9 billion. Concerns over collateral quality prompted mass withdrawals, highlighting risks in DeFi lending.

2026-04-20 07:15 to 07:30 (UTC), ETH’s short-term return reached +1.22%. The price range spanned from 2285.19 to 2332.62 USDT, with a 2.07% amplitude. During this period, market attention heated up, volatility noticeably intensified. On-chain transaction volume rose in tandem, and key mainstream on-chain activity indicators expanded significantly on a month-over-month basis. The primary driver of this deviation was an increase in transaction activity related to DeFi protocols, which boosted the share of on-chain Gas consumption. At the same time, total on-chain transaction volume saw a sharp surge in a short time. DeFi scenarios such as decentralized exchanges and lending protocols led to a direct surge in demand for ETH, driving funds to flow quickly into the market. In addition, the average Gas fees and Gas prices on the ETH network continued to climb in this window, further validating that high-frequency trading and active capital were accelerating into the market and strengthening short-term bullish sentiment. Second, on-chain data also showed an expansion in liquidity related to stablecoins and ERC20 assets, strengthening market buy-side power. Although historical large-wallets such as Wilcke still held a large amount of ETH after early March, this cycle did not trigger abnormal transfers or large-scale sell-offs. Meanwhile, the positioning structure of mainstream ETH did not show passive deleveraging or concentrated liquidation. Under the combined effects of multiple factors, global buy-side demand was amplified, and short-term ETH volatility was further elevated. Be alert to the risk of capital sustainability after a surge in high-frequency trading volume and Gas fees. If subsequent incremental buying is lacking or on-chain attention cools down, ETH may face short-term pullback pressure. Monitor changes in large-holder positions, any abnormal shifts in network fees, and liquidity volatility on the DeFi protocol chain. While there have been no signs of security incidents involving major contracts and protocols so far, short-term liquidity disturbances still need close observation. Keep monitoring fund flows and on-chain structure to stay informed about subsequent market changes.