**Finance Redefined: This Week in DeFi**

Welcome to your weekly DeFi update! Here’s what you need to know:

**Grayscale Launches Aave Fund**

Grayscale Investments has unveiled a new Aave (AAVE) investment fund, giving accredited investors a chance to gain exposure to AAVE, the governance token for the Aave platform. This move follows their recent launch of a U.S.-based XRP trust.

**Polymarket Wallet Attacks**

Users of the Polymarket prediction app have reported mysterious wallet drains after logging in via Google accounts. Victims discovered their funds were phished and sent to an account labeled “Fake_Phishing399064.”

**Solana’s Surge**

Despite a recent 9% dip in Solana’s (SOL) price, network activity has surged. With transaction fees as low as $0.02, traders are speculating on SOL’s potential to outperform competitors like Ethereum and BNB Chain.

**DeFi Resurgence**

Apollo Crypto’s report suggests a second wave of DeFi growth, driven by factors like the U.S. Federal Reserve’s interest rate cuts and China’s credit expansion. Key protocols like Maker, Uniswap, and Aave are expected to lead this resurgence.

**Scam Alert**

Crypto educator Duo Nine narrowly avoided a scam involving impersonators from venture capital firm ParaFi. The scammers tried to steal his private key through a fake Slack “driver.”

**Market Overview**

The DeFi market remained stable, with FTX Token (FTT) and Aptos (APT) leading gains. Stay tuned for more updates next week!