The cryptocurrency market is experiencing volatility as Ethereum (ETH) faces potential liquidation risk. Two large ETH holders are nearing the brink of losing approximately $238 million worth of collateral due to price drops. MakerDAO’s vaults, which store ETH in exchange for DAI loans, are under pressure. The health ratios remain above 1.00 but close to triggering forced sales if prices drop further. This raises concern about market volatility and potential cascading effects on other assets. Meanwhile, Ethena Labs is exploring new yield strategies with its sUSDe pool launched on Pendle. The launch aims to provide ETH holders with opportunities for passive income while seeking to stabilize the recent volatility associated with the ENA token release. 48 hours after a keynote presentation outlining its DeFi suite, BlockDAG secured additional funding with a pre-sale totaling $5 million and exceeding $210 million in total funding. The company plans to launch its full suite of DeFi tools on its mainnet. These early stage deployments could give them an edge over other blockchain projects. The article highlights the contrasting strategies used by Ethereum and BlockDAG, demonstrating how some platforms are more vulnerable to market fluctuations while others focus on building robust and efficient infrastructures for decentralized finance.