Weekly Cardano Digest #89

ADA liquidity goes multi-chain, Strike Finance scales DeFi, and Intersect empowers community projects.

Hey Cardanians! Welcome aboard the Weekly Cardano Digest #89!

We've filtered through all the noise to distill crucial updates into a breezy, 5-minute read. No need for you to sift through endless info — we've got you covered. Ready to delve into this week's top Cardano news? Let’s dive in.

Here are the topics of the week:

  • 🌉 ADA Bridge Between Wanchain and BNB Chain Goes Live

  • 📈 Strike Finance Expands With BTC Perpetuals & Higher Leverage

  • ⚙️ Intersect Empowers Cardano Projects with Services, TWG, and Media

  • Weekly Development Report

  • & More!

🌉 ADA Bridge Between Wanchain and BNB Chain Goes Live

A new cross-chain connection is here: ADA can now move directly between Wanchain and BNB Chain.

With over $400M ADA already on BNB Chain, users can:
1️⃣ Bridge ADA to Wanchain L1 → bridge.wanchain.org
2️⃣ Supply liquidity to the $WAN–$ADA pool → xflows.wanchain.org/pools
3️⃣ Earn up to 43% APR 📈

This bridge strengthens interoperability between ecosystems, unlocking liquidity flows and new yield opportunities for ADA holders. It’s another step forward in expanding Cardano’s cross-chain footprint.

Beyond liquidity, the integration also positions ADA within multi-chain DeFi strategies, allowing users to move assets seamlessly across networks. 

For developers, it demonstrates the growing demand for cross-chain infrastructure that connects Cardano with major blockchains like BNB Chain. This creates more pathways for adoption, utility, and yield generation.

📈 Strike Finance Expands With BTC Perpetuals & Higher Leverage

Strike Finance is Cardano’s decentralized perpetuals protocol, often compared to Hyperliquid, but built natively on Cardano. It enables traders to access leveraged positions on assets like $ADA and $SNEK, while rewarding $STRIKE stakers with real ADA yield.

The protocol just announced big updates:
▪️ Plans to integrate up to 25x leverage for $STRIKE holders
▪️ $BTC perpetuals will launch before the end of summer
▪️ Over 150,000 $ADA distributed to stakers in the last 15 days — on track for 3M+ ADA annually

Strike already handles tens of millions in monthly trading volume, while generating fees and sustainable rewards for its community. With Bitcoin integration and higher leverage, it’s positioning itself as a cornerstone of Cardano DeFi.

⚙️ Intersect Empowers Cardano Projects with Services, TWG, and Media

Intersect has rolled out a new suite of project support services to strengthen and scale Cardano open-source initiatives. The catalog includes: marketing, community building, governance templates, legal services, product design, training, and security audits — all backed by funding opportunities through the Open Source Office.

At the same time, Intersect is launching a Tooling Working Group (TWG) to help prioritize and deliver support where the community needs it most. The first call is set for Friday at 5am PST, and all members are invited to participate.

And for those who enjoy ecosystem insights, new episodes of the Open Source Cowboy Podcast are live, featuring leaders from IEEE, Hyperledger, Tweag, Hedera, and Apache Foundation.

Together, these initiatives show Intersect’s commitment to providing governance, resources, and media channels to ensure Cardano’s open-source community continues to thrive.

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Essential Cardano’s weekly development report

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