Top crypto + DeFi news this week 🗞️
🔹 ETH Strategy deploys over 50% of its 11,000 ETH treasury into yield plays, including 2,048 ETH in weETH. STRAT token is down 13.5% since Aug. 13 launch.
🔹 Coinbase’s Base surpasses Tron with $6.6B in DeFi deposits, led by Morpho ($2.5B) and Aave. Lending dominates as Base climbs to fifth-largest DeFi chain.
🔹 Ethena surpasses $500M in revenue as USDe supply hits $11.7B. USDe becomes the third-largest stablecoin, driving an 86.6% market cap jump in one month.
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