The latest developments in DeFi👇 Ethereum Foundation released an upgrade making on-chain transactions human-readable Hyperliquid made USDC its primary collateral asset after reaching a revenue-sharing deal with Circle MegaETH started doing token buybacks with its revenue from USDm usage Aave’s proposal to allow borrowing against native BTC on Aave V4 is live Extended enabled trading perps with wBTC and ETH as collateral. iExec introduced Confidential Vaults - active DeFi strategy vaults with built-in privacy. The product offers a selective disclosure feature for auditors Starknet launched strkBTC, a privacy-focused Bitcoin asset EtherFi released the EURC Liquid vault, enabling users to earn yield on euros Osero, a new stablecoin savings app, raised $13.5M in a funding round led by Sky Protocol and Plasma. Osero is incubated by Stableswatch Papertrade, a new perps DEX built on Hyperliquid with 1000x leverage, 0 slippage, and no funding costs, was introduced Kamino and Jupiter launched USDe looping strategies with 25%+ APY Coinbase and Circle announced that they bought and staked HYPE Solana’s Alpenglow, its biggest scalability upgrade ever, went live in a testing phase Circle raised $222 million for building Arc, its own blockchain. Injective launched on-chain pre-IPO stocks for OpenAI, SpaceX, and Anthropic Solstice scheduled its token launch for May 21. I hope you found this recap helpful!