Topics of Crypto World

Venus Protocol is a decentralized finance protocol built on the BNB Chain. By integrating crypto asset lending with stablecoin issuance, it brings deposits, collateralized borrowing, and liquidity creation into a single on-chain system, shifting capital management from fragmented operations to a unified framework.

Venus is a DeFi lending protocol powered by smart contracts. By combining vTokens, overcollateralization, and a dynamic interest rate model, it creates a closed-loop system for on-chain capital flow. This article explains its lending process, interest model, and risk management mechanisms.

Core Pool and Isolated Pool form a dual-layer liquidity structure within the Venus lending system. By separating mainstream assets from higher-risk assets into different pools, the design achieves both concentrated liquidity and effective risk isolation.

VAI is a decentralized stablecoin launched by Venus Protocol. It maintains a 1:1 peg to the US dollar through overcollateralization and on-chain adjustment mechanisms, allowing a stable unit of value to be created and circulated entirely on-chain without relying on centralized reserves.

The risk control system in Venus Protocol is an on-chain protective framework built around loan-to-value ratios (LTV), liquidation mechanisms, and a risk fund. Its core objective is to maintain the solvency of borrowing positions and safeguard the overall liquidity pool in a highly volatile crypto environment.

Both Unitas and Ethena are yield-generating stablecoin protocols built on Delta Neutral strategies, but their core difference lies in how they achieve this. Unitas primarily relies on liquidity pools and structured strategies to earn trading fees and liquidity rewards, while Ethena uses spot assets paired with short perpetual contracts, deriving yield from funding rates and staking returns. Because their underlying assets and strategic approaches differ, the two protocols exhibit distinct characteristics in risk structure, stability mechanisms, and user experience.

Keeta Network (KTA) is a blockchain infrastructure protocol designed to support on-chain data processing and network collaboration. Its operation relies on the coordinated design of node networks, transaction processing mechanisms, and token-based incentives. By optimizing transaction execution and resource allocation, Keeta aims to improve the efficiency and scalability of blockchain systems.

Gate Research Daily Report: Over the past 24 hours, the crypto market has broadly strengthened. BTC broke above and held firm above $70,000 on increased volume, while ETH outperformed, with high-beta capital clearly rotating back in, though it is approaching overbought territory. SWARMS, JOE, and UNITAS all posted significant gains, driven respectively by the rising AI agent narrative, a rebound in the Avalanche ecosystem, and growing demand for stable payment solutions. Bitcoin’s rebound above $70,000 has boosted market sentiment, but options indicators do not yet signal sustained bullish expectations. Meanwhile, DeFi lending protocol Seamless has announced it will cease operations, with its official interface set to shut down on June 30. The U.S. FDIC has also proposed a new regulatory framework stating that stablecoins will not be eligible for deposit insurance.

Gate Research VIP Report: Over the past 24 hours, the crypto market has broadly strengthened. BTC broke above and held firm above $70,000 on increased volume, while ETH outperformed, with high-beta capital clearly rotating back in, though it is approaching overbought territory. SWARMS, JOE, and UNITAS all posted significant gains, driven respectively by the rising AI agent narrative, a rebound in the Avalanche ecosystem, and growing demand for stable payment solutions. Bitcoin’s rebound above $70,000 has boosted market sentiment, but options indicators do not yet signal sustained bullish expectations. Meanwhile, DeFi lending protocol Seamless has announced it will cease operations, with its official interface set to shut down on June 30. The U.S. FDIC has also proposed a new regulatory framework stating that stablecoins will not be eligible for deposit insurance.

CoW Protocol is a decentralized trading protocol built around batch auctions and order matching. By aggregating and optimizing user orders before execution, it reduces slippage, lowers MEV risk, and improves on-chain trading efficiency. Unlike traditional automated market makers, AMMs, or DEX aggregators, CoW Protocol introduces the concept of Coincidence of Wants, allowing traders to match directly with one another, which helps reduce costs and on-chain friction.

COW is the native governance token of CoW Protocol, designed to support protocol governance, incentivize the Solver network, and drive ecosystem growth. As a key component of CoW Protocol’s trading system, the COW token connects users, Solvers, and developers through governance and incentive mechanisms, helping maintain decentralized operation.

CoW Protocol, Uniswap, and 1inch are three representative infrastructures in today’s decentralized trading landscape. Each approaches on-chain trading optimization from a different angle. As the DeFi ecosystem continues to evolve, factors such as transaction costs, slippage, and MEV risk have become increasingly important in users’ choice of trading protocols, driving the emergence of new trading mechanisms.

Coincidence of Wants (CoW) is an order matching mechanism in which multiple traders’ needs align, allowing trades to be executed directly without relying on liquidity pools. In decentralized trading environments, this approach reduces intermediary routing and improves execution efficiency.

This article provides a comprehensive explanation of quantum computing, its potential impact on Bitcoin, and the quantum-resistant solutions being developed by the Bitcoin community. Drawing on the latest research and industry developments as of April 2026, it aims to help readers differentiate between short-term noise and long-term risks.

Following the announcement of a two-week ceasefire between the US and Iran, which includes the reopening of the Strait of Hormuz, WTI crude oil prices experienced a significant decline. Drawing on the latest developments as of April 8, 2026, this article examines the underlying causes of the oil price plunge, the trajectory of supply restoration, the implications for inflation transmission, and the effects on A-shares and global assets.