Top 10 DeFi Updates | Axie Infinity Launch Meme Contest | October Week 2

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The Decentralized Finance (DeFi) space have continued to attract the attention of crypto enthusiast worldwide.
To keep our readers informed, we had compiled a list of some of the top 10 DeFi updates last week. These top DeFi updates include WOO Network strategic partnership with Perpetual protocol and Kava Labs partnership with CertiK.

1. WOO Network Partners With Perpetual Protocol
Last week, WOO Network announced a strategic partnership with Perpetual protocol. Therefore, the association aims to introduce institutional liquidity to the Perpetual protocol. Also as improving on-chain derivatives trading for the WOO network.


2. Kava Labs Partners with CertiK
Kava Lab is focused on securing its ecosystem. To achieve this, Kava has partnered with blockchain security firm CertiK. As a result, CertiK will receive part of the USD 185 million Kava ignition fund. Finally, the fund will be directed at routine security assessment to real-time threat monitoring of the Kava ecosystem.source

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The decentralized finance (DeFi) market has received heightened interest from crypto-enthusiasts in recent years – attracting investors from all across the world. In its simplest form, DeFi is a term used for financial applications built on blockchain technology – that aims to democratize the economic landscape by replacing centralized institutions.

Today, DeFi platforms can provide you with a full spectrum of financial services – ranging from trading, borrowing, lending, decentralized exchanges, asset management, and more.
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