Discover the New DeFi Platforms Revolutionizing Finance Amid Stock Market Chaos!

New DeFi platforms emerge as stock markets turn chaotic

The cryptocurrency community welcomed President Trump’s administration and received favorable anti-regulation policies in return. Unfortunately, trade conflicts and a decrease in interest rate reductions, among other factors, caused turmoil within the stock market. Yet, for enthusiasts of digital currency, there is a bright side: numerous developers in the Decentralized Finance (DeFi) sector are launching innovative projects.

Time.Fun

Launched in February, the Solana-based platform serves as a marketplace for fans to purchase moments they can spend with their beloved creators.

In February, a new Solana-based platform was unveiled, functioning as a marketplace where fans can buy time slots to interact directly with their favorite artists or creators.

On the platform Time.Fun, various creators establish their unique profiles, categorized across a range of fields such as music, social media personalities (influencers), financial backers (investors), marketing experts, designers focusing on user interface and experience (UI/UX), sports figures (athletes), and many more.

Over the past month since our launch, we’ve seen some remarkable achievements, improvements, offerings, and collaborators. Here are a few highlights:

– We’ve generated over $191 million in trading volume.
– We’ve welcomed 200 creators to our platform.
– Out of these 200 creators, 56 have earned at least $1,000 in revenue.
– Generous donations totaling $300,000 have been made to various nonprofit organizations.

For a comprehensive rundown of our progress, check out the full recap below. 👇

— time.fun (@timedotfun) April 2, 2025

User portfolios showcase samples of their work, along with the rate they charge for their time, given in dollars per minute.

Clients might choose to financially support creators, essentially purchasing access to their time. This purchased time can then be utilized by the creators for interacting with clients through various chat platforms, such as text, audio, or video calls.

Content creators can auction off their work on various platforms. Additionally, Time.Fun provides a unique opportunity for users to engage directly with the Solana team.

Ethos

The main function of Ethos Network is to equip users with resources for assessing the reliability and standing of web3 platforms.

In January, Ethos was launched on the Base platform. This tool enables diverse web3 entities to leverage their standing, but it’s important to note that dishonest actors could face penalties.

On this platform, users contribute the information by actively sharing and posting about their experiences with Web3 services. The platform’s reputation is determined by Ethos trustworthiness ratings, which are calculated based on feedback given in the form of ‘thumbs up’ or ‘thumbs down’. Each positive or negative feedback adds or removes a single point from the score respectively.

Additionally, you can post a review that’s neither positive nor negative but neutral. The act of depositing and staking ETH (vouching) carries more weight when it comes to building one’s reputation. Airing out negative experiences may lead to penalties for misbehaving platforms in terms of reduced rewards.

As an analyst, I am delighted to be live on @base, where we are introducing Ethos – a groundbreaking credibility protocol set to define the future. However, it’s important to note that credibility and reputation are already prevalent in web3 today.

In recognition of our launch, we are making an initial claim of Contributor XP as a celebratory gesture. To join us in this exciting journey, simply make your claim here.

— Ethos (@ethos_network) January 22, 2025

The Ethos tool can be connected to various other systems, enabling the display of trustworthiness ratings directly on user profiles across different platforms. Consequently, Ethos expands its reputation rankings beyond its original platform.

3DNS

As a forward-thinking crypto investor, I’ve recently come across an innovative platform called 3DNS. Launched in the year 2023, it stands out as the pioneer Ethereum-based onchain domain registration system. It’s exciting to be part of this new wave in the digital world!

This platform accommodates approximately 400 different domain types such as .com, .xyz, .box, along with others. These domains can be established and registered as ERC-721 tokens. Additionally, 3DNS enables users to interact with leading NFT marketplaces.

To ensure a secure connection for your project, consider registering its domain with 3DNS to make it accessible on the blockchain. This step protects you from potential security breaches due to social engineering and allows you to manage all operations using your cryptocurrency wallet instead of conventional registrars. For registration, you can select either the Base or Optimism network.

— 3DNS 🟢🟩 (@3dns_inc) April 4, 2025

As an analyst, I’d rephrase this statement as follows: I manage my domain addresses using a cryptocurrency wallet. Furthermore, these addresses are compatible with not only traditional applications but also with those built on decentralized and cryptocurrency platforms.

Cortex protocol

The Cortex protocol stands out as an innovative AI-powered platform in the field of Decentralized Finance (DeFi). On this platform, users have the option to exchange Ethereum for HYPE tokens or swap Cortex (CX) for Synapse (SYN).

This protocol facilitates the ability for users to connect Cortex not only on Solana but also with EVM networks. The Cortex Agent, in turn, can respond to queries, understand programming codes, or generate income through Decentralized Finance.

Cortex Weekly Recap:

This week saw the following rollouts:
– Public Launch of Hyperliquid
– Enhanced chat functionality allowing users to send up to 20 messages
– Optimized chat responses
…alongside numerous UI adjustments, mobile enhancements, and additional modifications.

What’s on tap for next week? Let’s discuss the upcoming features!

— cortexprotocol.hl (@Cortex_Protocol) April 4, 2025

This method could prove useful for app developers integrating AI, as the CX token serves as a governance tool for settling transaction costs.

For developers building apps with AI components, this approach might be beneficial. The CX token functions as a means of handling transaction fees within a governance framework.

Wayfinder

A new initiative called Wayfinder leverages AI technology. This versatile platform enables seamless transactions across different blockchains, manages algorithmic trading functions, and supports the execution of smart contracts.

Wayfinder is an artificial intelligence that can be trained by you to function on a blockchain network. To ensure the credibility of the information you provide, tokens are required.

On this other platform, users will verify the given details upon payment. Once the data is verified, the newly discovered route becomes visible and accessible to all participants. The creator receives compensation each time their route is utilized.

I recently employed AIWayfinder to write some enjoyable, on-chain quest code – try it out for a chance to win 0.008453 ETH! Here’s how you can participate:

1. Navigate to basebatches.xyz
2. Complete the statement “_ [Number] regions, __________ in funding, totally _____” with the specified number of underscores, a numerical first word, and appropriate words for the other blanks.

— jesse.base.eth (@jessepollak) April 4, 2025

The code sample demonstrates a swiftly crafted script penned by Jesse, a skilled Base builder. This script enables users to acquire approximately 0.0038 Ether.

Essentially, Wayfinder signifies an advancement in the developmental phase of cryptocurrency wallets, transforming them into versatile, decentralized financial hubs.

Bitcoin and Ethereum evolution goes on

As a researcher, I’m constantly monitoring the progress of Bitcoin and Ethereum. Excitingly, Ethereum is gearing up for an update named Pectra, scheduled for May.

The update brings us nearer to initiating the long-awaited deployment of the sharding system, which addresses one of Ethereum’s major issues: its limited scalability.

Ethereum intends to utilize a hybrid consensus mechanism called “hybrid-proof finality” for swift, confirmed transactions. This confirmation process relies on two or three distinct tiers of rollup systems, namely Optimism, Zero-knowledge, and Trusted Execution Environments (TEEs), acting as independent verifiers.

Ethereum will use more blobs to increase transaction speed while minimizing fees.

Nevertheless, we’re looking forward to Pectra, but it seems like we’ll need to wait a few weeks. In the meantime, Ethereum is enjoying increased privacy due to its partnership with 0xbow.io.

The second platform aims to strike a harmony between maintaining privacy and ensuring compliance, an essential and valid issue in light of the latest cyber-attacks targeting cryptocurrencies, such as the significant Bybit breach.

0xbow.io unveiled Privacy Pools on March 31st, providing Ethereum users with a means to preserve privacy without engaging in illicit activities.

For ETH holders, make your way over and deposit up to 1 ETH.

If your funds meet our wallet approval criteria, you can privately withdraw them. 🥷

In case we don’t approve your funds, you can still withdraw back to the original wallet, ensuring that Privacy Pools remains a non-custodial system. 🔐

— 0xbow.io (@0xbowio) March 31, 2025

At present, participants holding Ether (ETH) can anonymously withdraw amounts ranging from 0.1 to 1 ETH during the trial period using Privacy Pools.

Whenever a user asks for a withdrawal using Privacy Pools, the system performs a check on their wallet. If all seems well, the system facilitates the transfer of ETH anonymously. However, if the funds are not authorized, they are safely returned back to their original wallet address.

Recently, several businesses have significantly boosted the Bitcoin network. For example, Lombard and Babylon Labs have introduced Bitcoin staking using a Baby token, opening up a pathway for Bitcoin to join the Decentralized Finance (DeFi) market.

With the debut of Babylon Labs IO’s Genesis chain and the introduction of the BABY token, Bitcoin staking is entering a brand new phase. If you currently hold LBTC, you’re right in the thick of it! Here are some key points to help you claim your BABY tokens and prepare for what lies ahead. 👇👇👇

— Lombard | LBTC (@Lombard_Finance) March 26, 2025

Other innovations include bringing Bitcoin into yield-mining via Xverse and Build On Bob.

While some may catch the bad vibes from the market, there is no shortage of new approaches and services that make crypto easier to send, receive, and store, leading to broader adoption. The projects mentioned in this article are only the tip of the iceberg.

2025-04-05 20:44