Today in DeFi - Bitcoin ETFs Delayed, Perp Dex on Kava, Limit and Stop loss orders on chain , and More...

Bitcoin ETFs Delayed

The SEC delays decisions on spot Bitcoin ETF applications from BlackRock, Bitwise, VanEck, etc. The next deadlines come around mid-October.

Kinetix Live on Kava

Core Quickswap members launch Kinetix, a 50x leverage perp dex on Kava Chain, initially support $ATOM, $KAVA, $USDT, $axlwBTC, and $axlWETH.

Arbitrum WASM testnet

Offchain Labs released the code and public testnet for Arbitrum Stylus. Stylus allows devs to use both traditional EVM tools and WASM-compatible languages like Rust, C, and C++ to build applications on Arbitrum Nitro chains.

Lybra V2 Live

LSD protocol Lybra launches V2. V2 introduces peUSD (an Omnichain DeFi utility version of eUSD), enables conversion from eUSD to peUSD, and supports more LSTs as collateral.

PancakeSwap on Base

PancakeSwap is now live on Base L2 with the Galxe campaign available.

Prisma Launching

LST stablecoin project Prisma has deployed on Ethereum. The upcoming guarded launch will have debt caps on each collateral with interest rates set to 0%. Initially, Prism will support assets including wstETH, cbETH, rETH, and sfrxETH.

On-chain Limit and Stop Losses orders…