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Finance Redefined: Uniswap's Eventful Week and Platypus Successfully Recovers 90% of Hacked Funds

Finance Redefined: Uniswap’s Eventful Week and Platypus Successfully Recovers 90% of Hacked Funds

Uniswap has announced that it will implement a 0.15% swap fee starting from October 17th, which has garnered mixed reactions from the crypto community. In other news, Platypus Finance has managed to recover 90% of the funds lost in an exploit, and the layer-2 zero-knowledge Ethereum Virtual Machine (zkEVM) called “Scroll” has launched its mainnet. The top 100 DeFi tokens have had a bullish week, with many recording double-digit gains, although the total value locked (TVL) in DeFi protocols has decreased by nearly $2 billion. The Ethereum liquid staking derivatives finance (LSDFi) sector has seen significant growth this year, and the new zkEVM contender “Scroll” has confirmed its mainnet launch. Additionally, Uniswap has started charging a 0.15% swap fee on certain tokens, and a controversial KYC hook for Uniswap v4 has sparked community controversy. Overall, the DeFi market continues to evolve and progress.

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