• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Binance Labs' New Investment in Astherus Propels DeFi Development

user avatar

by Giorgi Kostiuk

a year ago

On November 28, Binance Labs announced its latest investment in Astherus, a multi-asset liquidity firm. This funding will focus on product development and improving the user experience.

Goals of Binance Labs Funding

Binance Labs aims to fund Astherus projects to increase opportunities for DeFi users. The funds will accelerate product development, introduce innovative revenue-generating products, and streamline DeFi interactions to become more efficient and user-friendly.

Upcoming Astherus Projects

Astherus already has platforms like AstherusEarn for stablecoin yield farming and supports additional applications. The investment is expected to help develop more products to optimize user gains. Plans also include launching AstherusLayer, an L1 blockchain using the $BNB token.

Astherus’ approach to enhancing asset utility and real yield aligns with Binance Labs’ commitment to backing projects building meaningful technology and driving ecosystem growth. We are excited to support Astherus in delivering greater value to DeFi users worldwide.Nicola W.

Previous Investments by Binance Labs

Since 2018, Binance Labs has invested in over 250 projects, including Moonwalk Fitness, Zerobase, and the Hemi network. Binance also funded the RWA platform OpenEden and projects on the TON blockchain, such as Pluto Vision Labs.

Binance Labs' investment in Astherus underscores its commitment to supporting innovative DeFi projects and enhancing their potential to increase value and improve user experiences.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

US Court Rejects DeFi Education Fund's Amicus Brief in Ethereum Exploit Case

chest

The US government has opposed the DeFi Education Fund's attempt to submit an amicus brief in a high-profile case involving Ethereum hackers.

user avatarBayarjavkhlan Ganbaatar

MiniMax Plans $600 Million IPO with Alibaba and ADIA Support

chest

MiniMax, a Shanghai-based AI startup, plans to raise over $600 million in its Hong Kong IPO with support from Alibaba and the Abu Dhabi Investment Authority.

user avatarTenzin Dorje

Abracadabra and HyperVault Hit by Major Exploits in 2025

chest

In 2025, Abracadabra and HyperVault faced major exploits, resulting in losses of $18 million and $36 million respectively.

user avatarKenji Takahashi

Surge in MEV Exploits Disrupts DeFi Ecosystem in 2025

chest

Surge in MEV exploits in 2025 significantly impacted decentralized exchanges and user transactions, leading to increased transaction fees and reduced liquidity.

user avatarMohamed Farouk

Astronomer Zero Predicts Bullish Trends for Ethereum in 2026

chest

Analyst Astronomer Zero forecasts a bullish trajectory for Ethereum in 2026, potentially reaching 5K.

user avatarElias Mukuru

MT5 Set for Growth with Expanded Cryptocurrency Options

chest

The integration of OKX's liquidity hub into the MetaTrader 5 platform is expected to bolster MT5's market position by expanding cryptocurrency trading options.

user avatarMaria Fernandez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.