According to DefiLlama data, MakerDAO's lending protocol Spark Protocol TVL has surpassed $500 million, reaching $504 million.

On October 18th, according to on-chain data, Uniswap activated the switch for collecting frontend trading fees about 10 hours ago. The total fees collected so far are approximately $11,511.44. Yearn core developer banteg reported that Uniswap will exchange all tokens extracted every 10 minutes for UDSC and store them at address 0x6460D14DbAeb27AEfec8eBeF85dB35DefA31c3b9.

According to Lookonchain monitoring, the Israeli blockchain IaaS platform OrbsNetwork team seems to have sold ORBS tokens after the token price increased. Two wallets that received ORBS from the team deposited a total of 81.8 million ORBS tokens (approximately $4.25 million) into OKX in the past 16 hours. An address starting with 0xC13A received 134 million ORBS tokens (approximately $7 million) from Orbs team and founding partner wallets, and deposited 61.8 million ORBS tokens (approximately $3.2 million) into OKX.

According to DefiLlama data, on October 18th, the lending protocol Spark Protocol, owned by MakerDAO, surpassed $500 million in TVL, reaching $504 million. Previously reported on August 7th that MakerDAO had passed and implemented proposals to increase the debt ceiling of Spark Protocol.

According to official sources, decentralized derivatives trading platform Kine Protocol officially launched BNT/USDT, STORJ/USDT, WLD/USDT, MKR/USDT, ZRX/USDT, GALA/USDT trading pairs on October 17, 2023, and supports 1-50X leverage. Kine Protocol provides users with a more efficient and secure trading environment.

October 18th, decentralized cross-chain trading protocol THORChain announced that its token RUNE has been fully allocated to the protocol and reserves. The Treasury holds only 7 million (2% in circulation) for ecosystem funding. All tokens for OG seed/team/investors were unlocked months ago, and all participating investors have exited.

Platypus Finance, a DeFi protocol, announced that it has recovered 90% of the assets stolen in a security breach last week. The net loss incurred was limited to "18,000 Avalanche," worth $167,400 at the time of publication. The hacker voluntarily returned the funds, and Platypus Finance has stated that it will not pursue any legal action. The protocol has halted all liquidity pools and is conducting a security audit following the attack, which was the third against Platypus this year.

Monitoring data from The Data Nerd shows that an address starting with 0xc52 deposited 4.55 million ZRX (1.08 million USD) into Coinbase at a price of 0.236 USD. These tokens were accumulated at an average price of 0.198 USD over the past three months. The whale earned a total profit of 176,000 USD (19%).

In response to Uniswap founder hayden.eth's announcement that Uniswap will charge a 0.15% exchange fee for certain tokens, BlockTower Capital CEO Air Paul replied that it is unreasonable to charge for additional front-end or protocol-independent functionality, but also believes that Uniswap's explanation for the fee is a wise communication strategy. Previously, Uniswap announced that it will charge a 0.15% exchange (swap) fee for certain tokens in its web application and wallet, including: ETH, USDC, WETH, USDT, DAI, WBTC, agEUR, GUSD, LUSD, EUROC, XSGD starting on October 17th.

Trader Joe's has filed a lawsuit against the crypto trading platform Trader Joe for violating its trademark rights. The platform, which is registered in the British Virgin Islands and has a headquarters in New York, allows users to borrow and lend funds on the Avalanche and Ethereum blockchains.