Gate News message, April 9, DeFi yield protocol Saturn has officially launched on the mainnet, and its testnet phase has ended. During the testnet period, companies including Flowdesk and Galaxy collectively deposited $10 million. Saturn’s stablecoin USDat is built on M0, with Galaxy, Securitize, and Clear Street serving as its operating partners. In addition, Saturn previously completed an $800k funding round in January this year, with participation from YZi Labs, Sora Ventures, and several other crypto investors.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bisq Protocol Attacked, 11 BTC Stolen on May 4; Compensation Plan Under DAO Vote
According to Bisq, the protocol was attacked on May 4 due to missing verification mechanisms, resulting in approximately 11 BTC being stolen, primarily from altcoin trades. The platform is discussing compensation options for affected users, who can choose between Bitcoin or BSQ token reimbursement p
GateNews56m ago
Figure's $1 Billion Month Marks Blockchain Credit Market Push
Figure achieved a $1 billion monthly milestone, capping a years-long effort to remove intermediaries from credit markets and move real-world assets, lending, and equities onto blockchain networks.
The company's strategy focuses on bringing traditional financial infrastructure onchain, with an
CryptoFrontier4h ago
Pi Network Hits 421,000 Active Nodes Ahead of Protocol 23 Smart Contract Launch
According to Pi Core Team, Pi Network's mainnet reached 421,000 active nodes on May 3, with over 10 billion PI tokens migrated to mainnet. The network is preparing for Protocol 23 launch, which will activate full smart contract functionality for the first time, enabling developers to build DeFi
GateNews10h ago
Figure Cagney: Turn the blockchain into a new pipeline for Wall Street, tokenized stocks on-chain with the FGRD token
Figure Technology Solutions’ Mike Cagney is turning blockchain into a new pipeline for Wall Street. Recently, in a single month, loan origination and matching topped $1 billion, becoming a key milestone in driving disintermediation. Figure’s on-chain products cover tokenization of real-world assets, loan matching, and equity issuance, and in early May it went further by directly putting its own stock, FGRD, on-chain. Bernstein views FIGR as a top pick for 2026, believing that growth in the tokenization market will exceed expectations; next, it will watch FGRD liquidity and regulatory developments.
ChainNewsAbmedia11h ago
Curve Finance Launches Bad Debt Recovery Mechanism Allowing Users to Exit or Repair Positions
According to Curve Finance, the protocol recently introduced a market-based bad debt recovery mechanism that allows affected CRV holders to choose from multiple strategies: sell debt claims to exit immediately, hold and wait for potential recovery, or provide liquidity to earn fees and incentives.
GateNews11h ago
Figure's March Loan Originations Surpass $1 Billion; CEO Eyes Blockchain-Based Wall Street Infrastructure Overhaul
According to BlockBeats, Figure Technology Solutions CEO Mike Cagney said on May 3 that the company is using blockchain to restructure traditional credit market infrastructure. The company's March loan originations surpassed $1 billion for the first time, with first-quarter total lending
GateNews12h ago