Crypto News. May 29, 2025

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DeFi

Polygon Labs and market maker GSR partnered to launch Katana, a new DeFi-optimized blockchain. Their pre-deposit campaign is now live — deposit funds to earn rewards, including NFTs and KAT tokens. According to the team, all deposited assets will become accessible when the public mainnet goes live in late June 2025.

Euler has launched EulerSwap, a decentralized exchange that combines automated market-making with integrated lending infrastructure.

EulerSwap will combine AMM and lending by routing LP deposits into lending vaults, enabling yield, swaps, and collateral use from the same capital.

Built on Uniswap v4 hooks, it boosts capital efficiency and simulates deep liquidity. Each pool is LP-managed with customizable strategies, while swaps remain simple for users.

GameStop announced 4,710 bitcoin purchase

They previously announced plans to for a BTC treasury reserve and offer $1.5B convertible note to raise capital.

Defi Season 2 Arena is live.

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