Metaplanet přesunula zhruba 2 400 BTC v hodnotě asi 186 milionů USD do Coinbase Prime, ale CEO uvedl, že jde jen o úschovu a ne o prodej. Firma nyní drží přibližně 43 000 BTC.
Metaplanet, the Tokyo-listed company that has quietly become one of the world’s largest corporate Bitcoin holders, moved roughly 2,400 BTC worth approximately $186M into Coinbase Prime over a span of days in late August. For anyone watching the blockchain and wondering if Japan’s answer to MicroStrategy was about to hit the sell button, the company’s CEO had a simple message: relax.
The deposits, split across multiple transactions on August 25 and August 28, represented a sizable chunk of the firm’s treasury. But they were followed almost immediately by an even larger transfer of 3,000 BTC, valued at roughly $237M, on August 29. That’s over $420M in Bitcoin flowing into a single custodial platform in less than a week.
Custodial shuffling, not a fire sale CEO Simon Gerovich addressed the inevitable speculation head-on. The transfers, he stated, are custodial in nature and do not signal any intention to liquidate the company’s Bitcoin position.
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This isn’t the first time Metaplanet has triggered on-chain anxiety. Earlier in August, the company moved over 5,000 BTC between its own internal custodial addresses. Gerovich characterized those transfers as routine adjustments, the kind of housekeeping that large institutional holders perform regularly but that can look alarming on a blockchain explorer without context.
A $4 billion Bitcoin treasury Metaplanet’s total Bitcoin holdings now stand at approximately 43,000 BTC. The company’s aggregate cost basis sits at around $4.09B, putting its average purchase price at roughly $96,191 per coin.
The strategy mirrors what Michael Saylor pioneered at MicroStrategy: use corporate balance sheet firepower to accumulate Bitcoin as a primary treasury reserve asset. Metaplanet has executed this playbook aggressively, building its position through consistent purchases funded by equity raises, convertible bonds, and operational cash flow.
Superplanet and the US expansion Metaplanet is advancing a proposal to contribute 2,100 BTC along with $2.5M in cash toward a new venture called Superplanet.
Superplanet is envisioned as a US-based, Nasdaq-listed Bitcoin treasury platform, developed in partnership with Super League Enterprises. The proposal requires shareholder approval, with a vote targeted for the fourth quarter of 2026.
Contributing 2,100 BTC to a new entity would represent roughly 4.9% of Metaplanet’s current holdings.
Why the market barely flinched Perhaps the most telling detail about this entire episode is what didn’t happen. Bitcoin’s price showed minimal reaction to Metaplanet’s transfers, even as hundreds of millions of dollars in BTC moved on-chain in plain view.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Binance vyřazuje pár LTC/BNB, ale Litecoin zůstává na spotovém trhu a drží se kolem 52 USD po průrazu z pásma 44–45 USD. Open interest je blízko 197 milionů USD a trh sleduje rezistenci u 55 USD.
Binance [BNB] may have put the brakes on it, but traders are not giving up on Litecoin [LTC]. Not yet. In fact, while the price pace has been strong, higher activity in the derivatives space suggested that big things might be on the way now.
Here’s what we know so far!
Binance delists LTC/BNB Binance will remove the LTC/BNB spot trading pair on 21st August at 03:00 UTC as part of its latest review of trading pairs. The exchange stated that they regularly check for liquidity and trading activity before deciding which pairs to keep.
For Litecoin holders, the key point is that LTC itself is not being removed from Binance Spot. Other Litecoin trading pairs will continue to be available on the exchange. Users can still buy and sell LTC through supported markets.
Binance is also removing SUI/BNB along with five other pairs, including F/USDC, HIVE/USDC, ILV/USDC, NMR/USDC and STEEM/USDC.
Delisting did little damage to LTC At the time of writing, the token was trading near $52 after a breakout from the $44-$45 range, with the price holding on to most of its recent gains.
The RSI had a reading of 73 too. This implied that LTC was in overbought territory, and it could be slowing down soon.
Source: TradingView Additionally, the positive directional pace was comfortably ahead of the negative, with trend strength firm too. This suggested that volatility was likely to stay elevated as well.
Litecoin derivatives stay active as traders eye $55 Litecoin’s Open Interest (OI) was close to $197 million, while the average funding rate was also positive at around 0.0101%. These findings implied that traders are clearly still willing to hold leveraged long positions.
Source: Coinalyze There also seemed to be a mammoth liquidity cluster around $55, just above LTC’s press time price. Notable pockets were also near $49-$50 and lower at around $44.
Source: Coinglass With higher leverage and liquidity stacked on both sides, Litecoin’s next move might just be wild.
Final Summary Litecoin continued to trader near $52 despite Binance removing LTC/BNB. Elevated LTC OI and liquidity clusters at $55 could make the next price swing chaotic.
TLDR: XRP gained 39% since August 18 while Binance exchange reserves stayed nearly flat overall. Long liquidations hit $25.7 million on August 22, the largest single day over the past six months. Funding rates cooled from 0.010 to 0.002 across three sessions as open interest fell 13% from its peak. Total XRP transactions rose 97% to 2.93 million daily, but transfers to exchanges collapsed. XRP traded at $1.396 on August 29, marking a notable shift in market structure. The token sits roughly 39% above the $1.00 level it held through August 18, though still about 8% below its recent high of $1.520 on August 23.
Binance open interest for XRP peaked near $558 million during that session before easing to $483 million. The rally appears driven by derivatives activity rather than exchange supply movement, based on recent on-chain data.
Leverage Fuels the Move While Exchange Supply Stays Quiet Funding rates for XRP averaged 0.006 over the recent stretch, well above the quarterly baseline. The estimated leverage ratio climbed to 0.193, close to the six-month maximum of 0.213. That combination points to derivatives traders, not spot sellers, powering the recent repricing.
Long liquidations rose sharply alongside the rally. They averaged $4.34 million, up 222% week over week. A single session on August 22 saw $25.7 million in long liquidations, the largest of the six-month window.
Source: Cryptoquant
That liquidation spike came on a day when the price closed higher. Rising prices alongside rising long liquidations usually signal crowded positions being cleared within an uptrend. It does not typically signal a reversal against the trend.
Exchange data tells a separate story. Binance inflows averaged 136,319 XRP over the past week, while outflows averaged 298,660 XRP. Both figures are near 2% and 4% of their six-month averages, a sharp drop from typical activity levels.
Deposit addresses on Binance fell to 45, a 91% decline versus the quarterly baseline. The exchange reserve itself barely moved, up just 0.04% week over week to $2.618 billion. Holders appear to be sitting still rather than preparing to sell.
On-Chain Activity Expands as Traders Watch Support Levels Total XRP transactions rose to 2.93 million daily, up 97% versus the quarterly average and near a six-month high. Network usage expanded even as coins avoided exchange-bound transfers. NVT climbed 44% week over week alongside that activity increase.
Funding has already started cooling, dropping from 0.010 to 0.002 across three sessions. Open interest is down 13% from its recent peak. Leverage is unwinding while spot supply continues to stay off exchanges.
This setup has historically preceded one of two outcomes for XRP. Either a base-building phase emerges once positioning normalizes, or a faster retracement follows if exchange reserves begin climbing again. The direction likely depends on which side dominates first.
Retail sentiment on social platforms reflects a similar wait-and-see posture. Analyst Diana (@InvestWithD) pointed to the $1.38 area as a key Fibonacci support zone tied to a broader Elliott Wave count.
🚨 $XRP IS SITTING DIRECTLY ON THE ~$1.38 SUPPORT — AND THE NEXT ELLIOTT WAVE TARGETS POINT TO $1.88 → $4.11 → $7.07 🤯🔥$XRP has pulled back from its recent ~$1.70 spike and is now trading around $1.40, almost exactly where the chart identifies the $1.3798 Fibonacci support.… https://t.co/K8h3rOXLuB pic.twitter.com/b53dav8qgv
— Diana (@InvestWithD) August 30, 2026
The post noted that a 4-hour RSI reading near 47.5 had moved back above its signal line, suggesting early momentum shifts near support rather than during an overbought run.
Price action around that support level may determine whether XRP builds a new base or slips toward lower levels in the sessions ahead. Traders appear to be watching exchange reserve trends closely for the next signal.
Cardano (ADA) has maintained its position above the key breakout point after the recent Ouroboros Leios upgrade, adding strength to the current bullish momentum. Market participants note ADA’s steady climb, with the price trading at $0.2147, reflecting a 1.08% increase over the past 24 hours.
Leios Upgrade Raises Network PerformanceThe recent implementation of the Ouroboros Leios protocol has significantly impacted Cardano’s technical outlook and broader sentiment. According to the Cardanians’ official X account, initial testing results revealed that Leios improved Cardano’s throughput capacity by 500%. Developers reported that four additional test phases remain before the anticipated mainnet hard fork, underscoring ongoing development milestones.
The Leios upgrade focuses on scaling Cardano’s transaction processing capabilities, aiming to strengthen its infrastructure and attract wider adoption. The community and technical analysts have responded positively, as the upgrade marks a step forward in Cardano’s roadmap.
Ouroboros Leios increased Cardano’s throughput capacity by 500% during its first testnet phase, with four more test stages planned ahead of the mainnet hard fork. This advancement is seen as a significant upgrade for Cardano’s network performance.
Cardano’s current price remains firmly above the $0.2004 support level, after recovering from lower levels in recent sessions. Technical analysis shows the present price surpasses not only this support but also the middle line of the Bollinger Bands, located at $0.1972, hinting at a short-term bullish structure.
Resistance and Market StructureThe upper Bollinger Band sits at $0.2344, defining the $0.23 to $0.2344 range as a critical resistance zone for ADA. Analysts observe that a clear breakout above this area could signal stronger gains, whereas a sustained decline below $0.2004 would suggest a potential loss of momentum and a possible shift toward lower support levels.
Recent data from CoinGlass shows that Cardano’s open interest in the derivatives market rose markedly during its latest price surge, reaching nearly $580 million before dropping to approximately $480 million on August 27. This reduction indicates that some traders closed their positions after profit-taking, though open interest remains elevated compared to July’s figures.
Analysts highlight derivatives activity as a key indicator to monitor, especially as ADA approaches the $0.23 resistance.
Short-Term ADA Price PredictionsCoinCodex has issued short-term ADA price projections with a target of $0.2148 for August 28, followed by incremental increases to $0.2155, $0.2162, $0.2170, and $0.2177 through September 1. This gradual upward trajectory suggests a mild bullish trend rather than an immediate surge toward the upper resistance band.
As a result, staying above the $0.2004 support remains essential for maintaining this positive outlook. Conversely, a dip below this level could refocus attention on the $0.1972 region.
In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, jumping between different apps for charts, news, and portfolio tracking is costing investors money. Smart traders are now utilizing privacy-first tools like CryptoAppsy to consolidate everything. Without even the hassle of creating an account, you get real-time charts, smart price alerts, coin-specific news, and critical macro data all on one screen.
Due to the cryptocurrency market’s high volatility, market observers recommend continual monitoring of price action along with upcoming events that may serve as catalysts for movement.
Technical signals remain positive for Cardano, as a breakout above the $0.23 resistance zone could generate additional upward momentum. However, a drop below key support might indicate waning short-term strength and raise the importance of watching lower technical levels.
Vývojáři Cardano představili Cardano Lightning, novou vrstvu platebních kanálů ve stylu Bitcoin Lightning pro síť $ADA. Projekt je zatím v předprodukčním nasazení a datum spuštění mainnetu nebylo oznámeno.
A Lightning-Style Layer for CardanoCardano (@cardano) developers have unveiled a new state channel architecture called Cardano Lightning, designed to bring Bitcoin Lightning-style payments to the $ADA network. The system was presented in detail during an August 24 Cardano Community livestream featuring PolyCrypto software engineer Ilja von Hoessle, and is currently in pre-production deployment.
The concept draws directly from Bitcoin's Lightning Network, which uses off-chain payment channels to allow users to transact quickly and cheaply without recording every payment to the base layer. As von Hoessle described it, Lightning means you can be "secure but also very fast and pay few or zero fees." Cardano Lightning applies the same logic, but is built specifically for Cardano's extended UTXO (eUTXO) model rather than Bitcoin's architecture.
At its core, Cardano Lightning consists of bidirectional payment channels that allow two parties to send and receive payments directly. Either party can close a channel at any time without putting the other party's funds at risk. Payments can also be routed across multiple channels, meaning two users without a direct connection can still transact through an intermediary node.
How the System Is BuiltThe technical stack combines three components. The foundation is a fork of the Lightning Development Kit (LDK Node), an existing and well-maintained SDK used to build customisable Lightning nodes. On top of that, developers added a Rust-based relay that handles communication and coordination across the network, and a Cardano smart contract that acts as a liquidity manager.
Cardano has previously lacked a lightweight layer-2 payment solution with fast settlement, easy integration, and adjustable fees. Cardano Lightning is an attempt to address that gap directly, targeting instant settlement with minimal or zero transaction costs.
The project remains in pre-production as the team continues testing. No mainnet launch date has been announced.
Sources:
CryptoNews: Bitcoin Lightning payment channels are coming to Cardano
Cardano Lightning official project site
Project Catalyst: Cardano Lightning Network Phase 1
Weekly decentralized exchange volume on the @Cardano network has surged 1,551%, reaching $151.01M over the past seven days, according to on-chain data shared by @BSCNews. The move marks one of the most dramatic short-term spikes in the network's history.
Record Daily High on August 22The peak came on August 22, when the network recorded a daily high of 245.31M $ADA in volume.
The spike did not happen in isolation.
Capital Rotation Within Cardano DeFiThe volume data points to a tactical shift of capital within local DeFi protocols rather than a simple influx of new users. This pattern is consistent with existing liquidity repositioning inside the ecosystem rather than a large wave of external capital entering the chain.
The broader network backdrop has also strengthened.
Whether the volume surge marks a durable shift in on-chain momentum or a short-term burst remains to be seen. Traders and ecosystem participants will be watching closely to see if the elevated baseline holds.
Sources:
AMBCrypto: Cardano price holds above $0.21 even as DEX trading surge fades
The Crypto Basic: Cardano Network Activity Rises Sharply as Daily Transactions Hit 32,841
Coinpedia: Cardano Price Prediction for August 2026 as Network Activity Surges
Revolut spustil EURR, svůj první eurovázaný stablecoin, pro vybrané zákazníky v Dánsku, Polsku a Portugalsku. Zároveň v Evropě postupně ukončuje podporu pro Tether USDt.
Revolut has begun rolling out EURR, a euro-pegged stablecoin, to eligible customers in Denmark, Poland and Portugal, with a wider rollout across the European Economic Area planned later this year. The token is Revolut's first stablecoin and is designed to hold a fixed value of €1.
EURR is issued by Bridge Building S.A., the Luxembourg-based entity of Stripe-owned stablecoin infrastructure firm Bridge, which Stripe acquired for $1.1 billion in February 2025. Bridge Building holds an Electronic Money Institution licence and a Markets in Crypto-Assets (MiCA) authorisation from Luxembourg's CSSF, giving it the legal standing to issue e-money tokens across the EEA. Revolut Digital Assets Europe Ltd, the fintech's regulated crypto arm, distributes the token under its own MiCA licence from the Cyprus Securities and Exchange Commission.
Revolut said in its announcement that EURR gives its customer base an on-chain option denominated in euros rather than dollars, since most stablecoins in circulation are pegged to the US currency. The token launches on Ethereum, with support for additional blockchain networks and external wallet transfers to follow. Revolut framed the launch as the first step in a broader stablecoin strategy, with tokens tied to other currencies already in development through separate regulatory pathways. It did not name which currencies.
The timing is not incidental. Revolut is removing Tether's USDt from its European retail offering by August 31, completing a phased withdrawal that began in July with a purchase freeze and continued through a deposit block later that month. Tether has not sought MiCA authorisation, and MiCA's reserve rules effectively force platforms operating in the EEA to delist stablecoins that lack a licensed issuer. Revolut is one of the last major European platforms to complete that transition, following exchanges including Coinbase, Crypto.com, Kraken and OKX, which removed or restricted USDt trading pairs over the preceding eighteen months.
EURR's launch is significant less for the token itself than for what it represents about the structure of Europe's stablecoin market. Dollar-pegged stablecoins still account for the overwhelming majority of global stablecoin supply, and euro-denominated tokens remain a small fraction of the sector even as MiCA has forced issuers to seek local authorisation. Revolut is entering a field that already includes Circle, Banking Circle and AllUnity, alongside Qivalis, a euro stablecoin backed by a consortium of 37 European banks. What distinguishes Revolut is distribution. It can place EURR directly in front of more than 80 million existing customers who already hold euro balances in its app, instead of building a token that has to find crypto-native users on its own.
That distribution advantage is the real story. A regulated euro stablecoin embedded inside a mainstream banking app, sold through a retail interface rather than a crypto exchange, tests whether stablecoins can move from being a trading instrument into becoming an everyday payments and settlement tool in Europe. Revolut's own framing points toward cross-border transfers, business payments and settlement as the intended use cases beyond simple crypto trading. Whether EURR can build meaningful liquidity against a market still dominated by dollar tokens will depend on how quickly Revolut expands the rollout beyond its initial three markets.
Kansas City Fed zařadila kryptoměny a stablecoiny do oficiálního programu Jackson Hole, poprvé v historii sympozia. Téma týdne je finanční inovace a její dopad na platby a měnovou politiku.
The Kansas City Fed named cryptocurrencies and stablecoins in the official brief for this year’s Jackson Hole symposium. In 48 earlier editions, no agenda had made private digital money the subject of the meeting.
The 49th symposium runs August 27 to 29 in Wyoming. Federal Reserve Chair Kevin Warsh gives his opening remarks Friday morning. The theme is financial innovation and what it does to payments and policy.
What the Jackson Hole crypto agenda actually saysThe announcement listed cryptocurrencies and stablecoins beside instant payments. The brief then framed the week around the future of currency, banking, and how policy gets carried out.
The program follows that brief. Six papers and three panels cover payments, tokens, and banks. Two Friday names show what the room is really for:
Darrell Duffie of Stanford University presents the paper on tokenized finance. His discussant is Isabel Schnabel of the European Central Bank. She spent June telling central bankers that stablecoins are now their problem.
Central banks cannot remain passive observers of these developments,” Isabel Schnabel, member of the ECB’s Executive Board, in a Seoul speech on June 1, 2026.
Kenneth Rogoff of Harvard University gives the Friday luncheon address. He wrote The Curse of Cash, a book urging rich economies to phase out large paper bills. In it he describes cryptocurrencies as a supercharged version of the $100 note.
The rest of the slate covers the international monetary system and the future of banking. Panels seat the International Monetary Fund and the Bank for International Settlements.
Why 48 Earlier Agendas Never Got HereThe symposium archive stretches back to 1978, with no title in it naming crypto, stablecoins, or tokenization. Its nearest cousins were about older machinery:
Financial restructuring in 1987 Capital markets in 1993 The internet economy in 2001 Last year the theme was labor markets, demographics, and productivity. The subject likely changed because the numbers did.
Stablecoins are worth about $304 billion today, DefiLlama data shows. The White House Council of Economic Advisers (CEA) counted roughly $300 billion in February. That is close to 1.7% of all money sitting in US bank accounts.
Stablecoins Market Cap. Source: DefiLlamaWhile size alone may not suffice to book a Jackson Hole slot, reach would. In April the CEA found that stablecoin issuers hold more short-term US government debt than Saudi Arabia.
This is not gonna end well.
“Stablecoin-issuing companies, like Circle and Tether, now hold more Treasury debt than major U.S. government creditors like Saudi Arabia and South Korea.”https://t.co/aKvQS0PO3M
— Leah Libresco Sargeant (@LeahLibresco) March 19, 2026 The CEA also cited research on those flows, revealing that up to $3.5 billion of stablecoin inflows pulls three-month Treasury yields down. The drop is five to eight basis points. A basis point is one hundredth of a percentage point.
That is private money tugging at the short end of the government debt market. It is also the exact channel a symposium on policy implementation has to discuss.
Congress made the link explicit first and President Donald Trump signed the GENIUS Act on July 18, 2025. The law makes issuers back every token with dollars or short-term Treasuries, and publish those holdings monthly.
That mandate turned stablecoin issuers into standing buyers of US debt. The stablecoin Treasury bill buying followed the law, not the other way around.
Warsh Speaks Into It With Rates UnsettledWarsh takes the podium at 10 a.m. ET. The Kansas City Fed streams the remarks on YouTube. His first Jackson Hole speech lands with September policy still contested.
September Interest Rate probabilities. Source: CME FedWatch ToolBitcoin (BTC) held near $79,373 on Friday, up 0.09% over 24 hours. A $6.4 billion options expiry had already stripped away its nearest reference point.
Nevertheless, two readings are available.
He can treat stablecoins as a story about demand for dollars and Treasuries. Alternatively, he can leave the printed theme to the academics and talk inflation. While either choice tells traders something, the agenda has already done its work regardless. The institution that sets the price of money is spending a weekend asking who else gets to issue it.
Sberbank plánuje kryptoměnami zajištěné úvěry pro firemní klienty, přičemž jako kolaterál chce použít Bitcoin a po schválení regulátorem i Ethereum a Tether. Banka už model testovala na těžební firmě AO Intelion Data.
Sberbank, Russia’s largest bank, plans to accept Ethereum and Tether alongside Bitcoin as loan collateral once Russian regulators permit their public circulation, according to TASS.
The bank is preparing to offer crypto-backed loans to corporate clients after successfully testing the model with mining firm AO Intelion Data last year. It is also working on crypto custody services as digital assets take on a larger role in Russia’s financial system and cross-border trade.
Anatoly Popov, deputy chairman of Sberbank’s management board, said the bank is prepared to adapt its existing products once the legislation comes fully into force.
Popov said Sberbank had anticipated the regulatory changes and already gained practical experience working with crypto. The bank plans to gradually expand its digital-asset products under the new rules, including lending secured by crypto holdings.
Bitcoin will be part of the bank’s collateral offering, while Ethereum and Tether could be added in the future. Popov said those assets would become eligible after the Bank of Russia authorizes them for public circulation and the remaining provisions of the new regulation take effect.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
TRON překonal 400 milionů účtů a od svého spuštění zpracoval přes 15,2 miliardy transakcí s objemem přes 29 bilionů USD. Tron Inc. zároveň drží 711,2 milionu TRX v hodnotě asi 245 milionů USD.
Key Highlights The TRON blockchain achieved 400 million user accounts by August 23, 2026 Cumulative transfer volume across the network has exceeded $29 trillion through 15.2 billion transactions Tron Inc., trading on Nasdaq, maintains a treasury of 711.2 million TRX tokens valued at approximately $245 million Shares of Tron Inc. surged 7.49% on August 24, settling at $2.01 Current TRX market price stands at approximately $0.338, reflecting a 1.81% decline The TRON blockchain achieved a significant benchmark on August 23, 2026, surpassing 400 million cumulative accounts, as confirmed by TRON DAO. Alongside this user milestone, the platform has facilitated over 15.2 billion transactions with an aggregate transfer volume exceeding $29 trillion.
Tron (TRX) Price Reaching the initial 100 million accounts required four years following the genesis block deployment on June 25, 2018. Subsequently, the platform achieved 200 million accounts on December 7, 2023, reached 300 million by April 12, 2025, and has now doubled that figure within roughly three years.
Justin Sun, who founded TRON, characterized this achievement as evidence of “growing demand for accessible blockchain infrastructure.” He emphasized that stablecoin transactions, international money transfers, and tokenized asset management represent the primary applications fueling this expansion.
Source: Justin Sun The TRON ecosystem maintains the world’s largest circulating USDT stablecoin supply, currently surpassing $94 billion. Additionally, the platform reports total value locked (TVL) exceeding $28 billion.
Cryptocurrency analyst OxPink commented on the achievement via X, observing that TRON required 2,982 days from its initial launch to surpass the 400 million address threshold. The analyst provided a comprehensive timeline documenting each major account milestone from the network’s inception.
Tron Inc. Expands TRX Holdings to $245M In related corporate developments, Tron Inc. — a Nasdaq-traded entity previously operating as SRM Entertainment — announced the acquisition of 145,002 TRX tokens on August 24. This purchase elevates the company’s aggregate position to 711.2 million TRX, representing a market value near $245 million.
Tron Inc. (NASDAQ: TRON) acquired 144,606 TRX tokens today at an average price of $0.3458, further increasing its TRX treasury holdings to more than 711.3 million TRX in total. The company aims to further grow its Tron DAT holdings to enhance long term shareholder value. For live…
— Tron Inc. (@TRON_INC) August 25, 2026
Shares of Tron Inc. appreciated 7.49% following the disclosure, finishing the trading session at $2.01. The company represents part of an emerging trend of publicly traded corporations implementing cryptocurrency treasury strategies beyond Bitcoin holdings, similar to Ethereum-focused organizations like BitMine.
Distinguishing Corporate Accumulation from Network Expansion These developments warrant careful distinction. Tron Inc.’s token accumulation represents a strategic corporate treasury allocation. This action does not inherently indicate heightened user engagement or transaction throughput on the TRON network.
Metrics demonstrating network expansion — including account creation, transaction processing, and TVL — constitute independent performance indicators. While both narratives are unfolding concurrently, they remain functionally separate phenomena.
TRON secured inclusion in the S&P Pantera Digital Asset Index recently, earning recognition based on protocol functionality, blockchain liquidity, and ecosystem activity. The platform has simultaneously broadened its institutional collaborations through partnerships with Anchorage Digital, Securitize, and Bitnomial.
At the time of publication, TRX trades at $0.338, representing a 1.81% decrease.
Na TRON vzrostla nabídka stablecoinů v H1 o 9,2 % na 89,2 miliardy USD a převody o 4,1 % mezikvartálně, zatímco širší trh klesal. Síť tak dál těžila hlavně ze settlementu, ne z růstu DeFi.
Executive Summary Stablecoin supply on TRON grew 9.2% to USD 89.2 billion, more than six times the total market’s 1.5% growth. Transfer volume rose 4.1% quarter-on-quarter as the broader market fell 28.3%, while decentralized finance (DeFi) total value locked (TVL) held flat through a market that lost more than a third of its value. This was not a broad ecosystem expansion but a settlement-share gain: TRON’s core rails held up while adjacent crypto activity weakened.
Settlement was the engine behind that divergence. USDT made up 98.5% of stablecoin supply on TRON, and the network cleared USD 4.01 trillion in H1 transfer volume, ranking third among major chains. Its stablecoin holder base grew from 87.8 million to 96.4 million addresses, the largest among major stablecoin networks, indicating that demand for high-frequency, low-cost stablecoin settlement did not cool in H1.
The second theme grew out of the first: artificial intelligence (AI). Agents need a wallet, an identity, a payment rail, and a way to execute. TRON already operates the payment rail at scale, so its H1 AI push extended the settlement business rather than departing from it, with B.AI, also known as Bank of AI, providing the clearest proof point.
Stablecoin Supply Grew While the Market Stalled TRON DAO’s stablecoin supply reached USD 89.2 billion by June 30, representing 28.7% of the entire stablecoin market and ranking second only to Ethereum. Its 9.2% H1 growth was more than six times the broader market’s 1.5%, while Ethereum’s stablecoin supply fell 5.8%.
TRON added supply during a half when its largest peer lost it. That growth sits almost entirely on USDT, which rose to USD 87.9 billion and accounted for nearly all stablecoin liquidity on the network. The concentration limits asset diversity, but it also makes TRON one of the primary settlement venues for the largest stablecoin in crypto.
The holder base tells the same story. Addresses holding stablecoins on TRON grew from 87.8 million to 96.4 million, representing more than 35% of holders across major networks and the largest distribution among them.
For a payments chain, that distribution base matters. Liquidity can move quickly, but a holder network of 96.4 million addresses is harder to replicate.
TRON Was the Only Top-Five Transfer Network to Rise TRON ranked third by H1 transfer volume, clearing USD 4.01 trillion by June 30, behind Base and Ethereum and ahead of Solana and BNB Chain. The ranking is less important than the direction: among the five largest transfer networks, TRON was the only one whose Q2 transfer volume rose. It gained 4.1% over Q1 while the broader market fell 28.3%. The other four networks all dropped by at least 26%, with Ethereum and Solana both falling 26.6%, BNB Chain falling 33.8%, and Base falling 35.8%.
TRON gained share by holding its ground while the field retreated. Usage data points to the same payment-heavy pattern: by June 30, the network had reached 14.59 billion cumulative transactions and 390.7 million total accounts, with 4.96 million active accounts over the preceding 24 hours. TRON processed 2.04 billion transactions in H1, equivalent to approximately 11.3 million per day. Frequent stablecoin movement, rather than episodic speculation, remained the core activity base. For transfer activity, the H1 story was durability rather than acceleration, and its source was a single use case: high-frequency, low-cost stablecoin settlement.
DeFi Held Flat While the Market Lost a Third DeFi was not TRON’s growth engine in H1, but its TVL outperformed the market by standing still. Total DeFi TVL across chains fell from USD 114.5 billion to USD 70.3 billion, a 38.6% decline in H1. TRON’s TVL moved from USD 4.40 billion to USD 4.43 billion, increasing 0.8% in a market that lost more than a third of its value.
The steady headline hid an internal rotation. JustLend V1 fell from USD 3.70 billion to USD 2.94 billion, while USDD TVL expanded from USD 486 million to USD 1.30 billion and USDD supply on TRON grew from USD 536 million to USD 1.08 billion. TRON’s DeFi liquidity therefore rotated toward USDD-linked yield products.
Trading activity also softened, although less than the broader market. Total decentralized exchange (DEX) volume across chains fell from USD 916.8 billion in Q1 to USD 628.8 billion in Q2, a 31.4% decline, while TRON DEX volume decreased from USD 5.67 billion to USD 4.49 billion, down 20.8%. The weakness was in activity rather than retention: trading cooled and JustLend contracted, while USDD absorbed more liquidity.
Resource Income Showed Settlement Demand More Clearly Than DeFi Trading TRONSCAN network resource income reached USD 1.31 billion in H1, averaging USD 7.25 million per day. Energy-related income accounted for USD 1.13 billion of that total, tracking demand for high-frequency transfers and contract execution.
The income profile matched the rest of TRON’s H1 performance: settlement was the economic engine, even as DeFi trading cooled. Token economics reflected the trade-off behind inexpensive execution, with H1 daily burn averaging 3.05 million TRX against issuance of 3.92 million TRX per day and leaving the network in mild net issuance. Lower execution costs supported payment density while also limiting burn pressure.
AI Extended the Payment Rail Rather Than Replacing It AI agents need four things to transact: a wallet, an identity, a payment rail, and a way to execute. TRON already operates the payment rail at scale, so its H1 AI work extended infrastructure the chain already had. The commitments scaled across the stack through a USD 1 billion AI fund, an Agentic AI Foundation board seat, OpenWallet, and a wave of Model Context Protocol (MCP) integrations exposing TRON’s data and liquidity to agents. Those announcements broadened the network’s surface area.
B.AI supplied the traction data. As of late June, B.AI’s daily token throughput had reached 15.37 billion, with a peak of 18.69 billion. Application programming interface (API) traffic made up 99.6% of usage, registered users approached 2 million, and TRON accounted for more than 70% of onchain payment and deposit activity. AI compute, API workflows, and crypto-native payments are starting to meet on TRON’s settlement layer. If the early B.AI activity persists, TRON’s AI angle will be less about building a new narrative and more about adding a new source of demand for the same settlement layer: API users, agent wallets, and stablecoin deposits.
H2 Will Test Whether Settlement Becomes Agent Infrastructure TRON enters H2 with a large stablecoin base, the largest holder distribution among major stablecoin networks, transfer activity that held up through a market-wide decline, DeFi TVL that stayed flat while the broader market contracted, and early traction in AI-agent infrastructure. The metrics to watch are stablecoin supply growth, transfer-volume durability, resource income, recurring activity from B.AI, and whether MCP integrations convert from infrastructure announcements into measurable agent-driven transaction flow.
H1 confirmed TRON’s role as a settlement network. The open question for H2 is whether that settlement layer can turn early AI-agent application traction into recurring transactions, deposits, and resource demand. Track TRON’s security posture on CertiK Skynet.
References DefiLlama: Stablecoins, TRON Chain, and DEX Volumes RWA.xyz: Networks and TRON TRONSCAN
TRON has activated a network upgrade designed to make Ethereum applications easier to bring onto its blockchain.
Proposal 107 received 25 approvals before taking effect on August 28, with the changes providing the groundwork for wallets that use passkeys instead of conventional passwords.
Ethereum applications face fewer barriers The upgrade introduces features from Ethereum’s Prague and Osaka updates to the TRON Virtual Machine, which runs applications on the network.
Now developers have less of the software to change to allow an application to move from one network [such as Ethereum] to the others [such as TRON].
TRON developers had to adjust for newer Ethereum tools, meaning errors or older settings for dApps in the TRON ecosystem.
The proposal brings the two environments closer together, and make TRON more attractive to teams that already build Ethereum applications.
Further to this, the upgrade will enable an application to look further back into the blockchain to verify transactions previously made, helping services where earlier transactions need to be confirmed and rely less on data providers.
How passkeys could make TRON wallets easier to use Instead of remembering passwords, users can sign in to applications using the security features built into phones or computers. These features depend on the computer being used but include fingerprints, a scan of the user’s face or a PIN.
The new capability makes it cheaper for TRON applications to verify signatures created through systems such as Apple Secure Enclave and Android Keystore. Wallets that offer a more familiar sign-in experience could get more support without users personally managing every security step.
But passkeys have not suddenly just appeared across existing TRON wallets. The upgrade provides the underlying support, while wallet and application developers must decide how to use it.
Similarly, the cost of some expensive security computations is lowered in proposal 107, but the extent of savings will depend heavily on the way in which particular applications are compiled.
TRON’s governance record shows that the upgrade is now active.
Final Summary Proposal 107 passed with 25 approvals and activated on August 28. The upgrade makes Ethereum applications easier to adapt and allows some other key features.
BNB Chain po spuštění bStocks ovládá téměř 50 % tokenizovaných akcií a do konce srpna zvýšila nabídku na více než 1,3 miliardy USD. Ethereum zůstalo kolem 800 milionů USD.
BNB Chain’s tokenized-equity initiative reshaped the market hierarchy, turning steady growth into clear leadership after June. Before the launch of bStocks, Ethereum [ETH] controlled the largest supply, while BNB Chain remained below $500 million despite months of gradual expansion.
However, bStocks accelerated growth, carrying BNB Chain beyond $1.3 billion by the end of August compared to Ethereum at around $800 million. Moreover, Solana [SOL] also saw an increase in tokenized equity to around $550 million.
Elsewhere, Avalanche [AVAX], however, maintained around $170 million while all the smaller networks were able to attract minimal amounts of tokenized equity.
Source: Blockworks According to BlockWorks data, these supply figures have given the BNB Chain a nearly 50 percent share of the total supply of nearly $2.9 billion in the space.
Moreover, in providing greater liquidity, bStocks provides two additional benefits that do not exist with traditional shares. They include 24/7 settlement capabilities and composability.
Within that broader lead, bStocks is responsible for most of the increase in tokens available for trading instead of all being increased equally.
In addition to an accumulation of over $500 million in Assets Under Management (AUM) since June, there are now more than 67 active assets supported by bStocks.
Source: BNBChain.org Trading has already exceeded $19 billion, showing those assets are circulating actively rather than simply remaining issued on-chain.
This means there is actual movement of assets through circulation and not merely sitting on a chain. More importantly, when measured using a narrower measure of equity or asset, bStocks typically account for more than half of the available tokenized equity assets.
If bStocks continues to be used for new issuances and trading, it will provide significant support to BNB Chain’s position as the largest decentralized exchange platform. Conversely, if bStocks usage slows down, then it will likely reveal the reliance of the network on the bStocks product family.
That concentration becomes more important when BNB Chain is viewed across the wider RWA market. BNB Chain represents $5.7 billion of the $38.4 billion total RWA distributed market share, making up approximately 15% of the market.
Ethereum controls $17.27 billion, or about 45%, while Solana follows BNB Chain with $4.06 billion. Therefore, its tokenized-equity lead has still not been able to create a similar level of RWA sector leadership.
Source: RWA.xyz While BNB Chain continues to grow within equities, Ethereum receives capital from multiple asset classes. In return, this increases Ethereum’s overall liquidity and decreases reliance upon a single RWA segment.
Expanding into Treasuries and Funds will help to spread out demand for BNB Chain and also increase capital retention. Without this expansion, slowing down the rate of equity growth may hinder BNB Chain’s potential to close Ethereum’s overall lead.
Final Summary BNB Chain now leads tokenized equities, largely driven by bStocks’ growth. However, Ethereum still dominates the broader RWA market with a 45% share.
RWA trh na síti Stellar vzrostl z asi 785 milionů USD v lednu na více než 3 miliardy USD v červenci, ale do Blend poolů s RWAs šlo jen něco přes 2 miliony USD.
Stellar’s tokenized real-world asset market has climbed from about $785 million in January to more than $3 billion in July, while only just over $2 million has entered Blend pools that accept RWAs.
Summary
Stellar’s RWA value increased almost fourfold during the first seven months of 2026. Four tokenized products account for hundreds of millions of dollars each on the network. Blend has $127 million in TVL, but its RWA-enabled pools hold only slightly more than $2 million. RedStone says round-the-clock pricing remains necessary before more RWAs can serve as DeFi collateral. Stellar’s RWA market has crossed $3 billion RedStone’s latest report has found that Stellar’s RWA market expanded almost fourfold between January and July, driven by tokenized money market funds, U.S. Treasury products and corporate credit.
Several individual products have reached values normally associated with established investment funds rather than early blockchain trials. The Amundi and Spiko Overnight Swap Fund, a French-regulated UCITS cash-management product, has grown to hundreds of millions of dollars in onchain value since going live on Stellar in March.
RedStone’s report identified Spiko’s tokenized U.S. Treasury bill fund as another major contributor. The product had reached about $536 million, while Ondo Finance’s USDY held more than $533 million on Stellar.
USDY is a yield-bearing asset supported by short-term U.S. Treasuries and bank demand deposits. Ondo expanded the product to Stellar in September 2025, after which its value on the network rose from slightly more than $1 million at the beginning of 2026 to over $533 million.
Corporate credit has added another large pool of tokenized value. VuMe Bond 2030, issued under Luxembourg securitization rules, launched on Stellar in February and has since reached approximately $500 million.
Franklin Templeton has maintained an earlier institutional presence through the Franklin OnChain U.S. Government Money Fund. Launched on Stellar in 2021, the fund uses the BENJI token and invests primarily in U.S. government securities, cash, and repurchase agreements. RedStone placed the value tokenized on Stellar at about $460 million.
The concentration of several large products shows that Stellar has already attracted issuers capable of placing hundreds of millions of dollars on a public network. Yet issuance records how much value has been tokenized, not how much of it is being traded, supplied to lending markets, or used as collateral.
RWA use in Stellar DeFi remains limited Stellar’s decentralized finance market remains much smaller than its tokenized asset base. RedStone placed total DeFi value on the network at about $259 million when its report was prepared, compared with more than $3 billion in RWAs.
Blend, Stellar’s largest lending protocol, accounted for roughly $127 million of that DeFi total. Pools capable of accepting RWAs, however, held only slightly more than $2 million.
Templar Protocol provides another example of the limited use of tokenized assets in lending. Its Stellar application allows users to borrow against assets including deJAAA, deJTRSY, CETES, and USTRY, but the protocol had about $8.4 million in total value locked on the network, according to RedStone.
DeJAAA represents exposure to AAA-rated collateralized loan obligation tranches, while deJTRSY is tied to short-term U.S. Treasury securities. CETES tracks Mexican government Treasury certificates, and USTRY is backed by short-term U.S. Treasury bills.
Royal Fool, the pseudonymous co-founder and chief executive of Templar Protocol, said dependable pricing is required before a lending market can safely accept an RWA.
“Listing a real-world asset as collateral works best if we can price it reliably around the clock.”
According to the executive, SEP-40 feeds allow Templar to accept real-world collateral and support borrowing against it on Stellar. Lending protocols need current prices to calculate loan-to-value ratios and determine when a position no longer has enough collateral.
A tokenized security does not automatically become usable in DeFi simply because it exists on a blockchain. Trading venues need a defensible price before listing it, while lending protocols must keep valuing collateral even when the market for its underlying asset is closed.
Continuous pricing could bring more RWAs into DeFi Price discovery becomes harder when an onchain token represents an asset that does not trade continuously. Bitcoin, Ether, and other liquid cryptocurrencies change hands around the clock, allowing oracle providers to combine quotes from several active exchanges.
Traditional assets follow different schedules. U.S. stocks trade mainly during set market hours, while government debt products may only have reliable spot prices when their domestic markets are open.
Money market funds add another complication because their value depends on the securities held in their portfolios rather than on constant secondary-market trading. Fund administrators may also distribute net asset value data through systems that cannot send information directly to a smart contract.
Corporate debt requires additional inputs, including credit quality, maturity, settlement terms, and the structure of the security. According to RedStone, an oracle must account for such differences rather than applying the same method used to price a liquid crypto token.
Stellar’s SEP-40 Oracle Consumer Interface provides a common format through which Soroban smart contracts can request price information. Before the standard was introduced, each provider could use a separate interface, requiring developers to build a new adapter whenever they added another data source.
Under SEP-40, compatible providers follow the same set of functions for identifying supported assets, price precision, update intervals, and timestamps. Applications can retrieve the latest value, request historical records, and check whether a price has become stale.
RedStone joined Stellar in March and later adopted SEP-40. Materials provided with the report said the oracle provider now supports 55 price feeds covering U.S. Treasuries, sovereign debt, corporate credit, tokenized gold, and money market products.
Among the covered assets are Ondo’s USDY, Franklin Templeton’s BENJI and Matrixdock’s XAUm gold token. RedStone also supplies data for Centrifuge-linked Treasury and credit products, along with tokenized Mexican and Brazilian government debt issued by Etherfuse.
Martin Quensel, founder of Anemoy and co-founder of Centrifuge, said tokenization places regulated funds within reach of decentralized finance, while standardized pricing allows protocols to use them as collateral.
“Reliable, standardized pricing on Stellar by RedStone is what lets protocols actually use them as collateral.”
Stellar had previously added another data layer when it integrated Chainlink services in October 2025. The arrangement covered Data Feeds, Data Streams, and the Cross-Chain Interoperability Protocol for applications working with DeFi and tokenized assets.
DTCC brings a U.S. market catalyst for 2027 The Depository Trust & Clearing Corporation plans to add tokenized versions of DTC-custodied assets to Stellar in the first half of 2027, extending the network’s RWA pipeline into U.S. market infrastructure.
As reported in May, the initial eligible assets are expected to include Russell 1000 shares, major index exchange-traded funds, U.S. Treasuries, and several classes of corporate and other bonds.
DTCC received a no-action letter from the U.S. Securities and Exchange Commission in December 2025. The relief allows it to test tokenized securities under specified conditions while maintaining existing investor protections, disclosures and control over ownership records.
The $114 trillion figure attached to the agreement represents assets held in custody by DTC, not the value that will move to Stellar. DTCC has not said that its entire custody base will be tokenized or transferred onto the network.
For U.S. investors, tokenization under DTCC’s system would keep the securities within established custody and regulatory structures. Eligible assets could receive blockchain-based representations while ownership records remain tied to the securities held at DTC.
DTCC has already begun testing tokenized public-market assets with major financial firms. In July, BlackRock, JPMorgan, Goldman Sachs, Vanguard, the New York Stock Exchange, and almost 40 other institutions participated in a tokenization pilot involving stocks, ETFs, and U.S. Treasuries.
Microsoft and Circle shares, the Invesco QQQ Trust, the SPDR S&P 500 ETF and BlackRock’s iShares 0–3 Month Treasury Bond ETF were among the first assets included. JPMorgan also completed a conversion of QQQ shares into a tokenized representation during the pilot.
The active trial uses permissioned infrastructure, including Hyperledger Besu and Canton, while the separate Stellar deployment remains scheduled for 2027. DTCC said participants would test collateral transfers, repurchase agreements, and equity transactions before the current program enters its planned operational phase.
Stellar posunul upgrade Protocol 28 blíže k mainnetu po schválení na testnetu 27. srpna. Hlasování o mainnetu je naplánováno na 16. září 2026 v 17:00 UTC.
Stellar has moved its Adapter upgrade, Protocol 28, one step closer to a full network rollout after the testnet vote passed on August 27. The mainnet upgrade vote is scheduled for September 16, 2026, at 17:00 UTC.
A Developer-First UpgradeUnlike some past upgrades that focused mainly on infrastructure, Adapter Protocol 28 is built with developers in mind. Two of its three core changes are aimed directly at making life easier for people building smart contracts on Soroban, Stellar's smart contract platform, while the third strengthens how the network itself reaches consensus.
CAP-83 improves consensus resilience under heavy load, CAP-85 allows atomic upgrades for fleets of Soroban smart contracts, and CAP-86 simplifies contract-data migrations. On the consensus side, consensus keeps moving even when transaction data is slow to propagate, which will improve throughput and help keep the network running smoothly at scale and at low cost. The full performance gains will be phased in after mainnet as parallel transaction-set downloading is gradually enabled.
The release also updates the JavaScript and TypeScript SDKs used to interact with the network. The new SDK simplifies smart contract interactions and improves wallet approval visibility. Its rebuilt XDR layer is now fully typed and replaces Node's Buffer with Uint8Array, reducing a common source of type errors for web developers.
What Builders and Validators Need to DoStellar SDK users must upgrade before August 27, 2026, for testnet integration, and before September 16, 2026, for mainnet. Protocol 28 also requires all validators to have synced clocks; validator operators must run NTP sync starting in Protocol 28.
The mainnet vote is scheduled for September 16 at 17:00 UTC. Activation depends on validator approval, so the date represents a planned governance milestone rather than a guaranteed launch. Teams building on the network are being encouraged to start preparing early rather than waiting until the last week, and to keep an eye on Stellar's Developer Discord, where the community is actively coordinating the upgrade.
Sources:
Stellar Development Foundation: Introducing Adapter, Protocol 28
Stellar Development Foundation: Adapter Protocol 28 Upgrade Guide
RedStone zprovoznil na Stellar on-chain NAV feed pro savUSD od Avant Protocol, takže tento token lze nově použít jako kolaterál v DeFi. Integrace vychází ze standardu SEP-40.
Stellar’s tokenized real-world asset market has ballooned from roughly $800 million in January to over $3 billion by July 2026. The problem? Most of those assets have been sitting on the sidelines of DeFi, unable to participate as collateral or in lending protocols because reliable onchain pricing simply didn’t exist for them.
RedStone, one of crypto’s more established oracle providers, just plugged that gap for Avant Protocol’s savUSD token. The integration delivers a contract rate feed capturing the savUSD/avUSD exchange rate directly on Stellar, giving DeFi protocols the standardized pricing data they need to actually use these assets.
What RedStone built and why it matters The feed launched on May 29 and follows Stellar’s SEP-40 oracle standard, a specification designed to let any protocol on the network consume pricing data without building bespoke integrations. Instead of every DeFi app on Stellar needing to wire up its own pricing source for savUSD, they can all pull from the same RedStone feed.
For savUSD specifically, the data functions as onchain Net Asset Value, or NAV, made available continuously for smart contracts running on Stellar’s Soroban execution environment.
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The broader SEP-40 implementation kicked off in March 2026, with RedStone planning a gradual rollout throughout the year. Six additional issuers are expected to receive similar oracle support by August, which would meaningfully expand the range of assets available for DeFi composability on Stellar.
RedStone reports no mispricing events across its existing feeds, a claim that carries real weight given how many DeFi exploits trace back to faulty or manipulated price data.
Inside savUSD: the asset getting priced SavUSD is a senior-tranche token from Avant Protocol, backed 1:1 by USDC and USDT collateral. It derives returns through delta-neutral trading strategies, capturing funding rate payments and basis trade spreads while hedging out directional market exposure.
Pennyworks, an independent third party, conducts weekly NAV calculations to verify the token’s value. Combined with the real-time onchain visibility that RedStone now provides, investors get two layers of price verification: one from traditional auditing cadence, another from continuous oracle feeds.
Before this integration, savUSD existed in a kind of DeFi limbo on Stellar. Without a price feed, a lending protocol can’t accept savUSD as collateral, a DEX can’t properly route trades, and an automated portfolio manager can’t rebalance positions that include it.
Stellar’s RWA growth meets its DeFi bottleneck Growing from $800 million to over $3 billion in tokenized assets within roughly six months puts Stellar among the fastest-expanding RWA networks in crypto. Each new asset on Stellar previously needed custom pricing solutions, creating a patchwork of data sources that raised integration costs and security risks. Standardizing through SEP-40 means protocols can support new assets faster, with less engineering overhead and fewer potential failure points.
The yield-bearing nature of savUSD makes proper pricing especially critical. Unlike a simple stablecoin pegged to $1, savUSD’s value fluctuates based on accumulated yield. A stale or inaccurate price feed could lead to under-collateralized positions or liquidation failures.
With six more issuers expected to receive RedStone oracle support by August, Stellar’s DeFi layer is approaching something closer to infrastructure maturity.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Stellar DeFi TVL spadl o 60 % na 98 milionů USD po exploitu v Comet AMM, který připravil pool o zhruba 717 000 USD. XLM po útoku klesl o 2,82 % na 0,18 USD.
Stellar‘s decentralized finance (DeFi) sector experienced a significant setback as its total value locked (TVL) declined from a peak of $270 million on August 22, 2026, to approximately $98 million by August 27. This rapid fall followed an exploit targeting the Comet AMM BLND-USDC liquidity pool, which serves as the backstop for the Blend protocol.
Comet AMM Blend Exploit Triggers Sharp TVL DeclineDefiLlama data shows that Stellar Lumens’ ecosystem saw its TVL drop 60% within a single day, reaching just $98 million as of August 27. The exploit, involving a vulnerability in same-asset USDC swaps, led to a loss of around $717,000 from the pool, which prompted Blend protocol operators to pause its backstop pool. As a result, Blend’s TVL fell from over $150 million to nearly zero, amplifying the pressure on the broader Stellar DeFi landscape.
Mini dictionary: Comet AMM, Blend protocol — Comet AMM is an automated market maker used for decentralized trading on Stellar, while Blend protocol is a decentralized lending and borrowing platform backed by liquidity pools such as BLND-USDC.
DateStellar DeFi TVLBlend TVLAugust 22, 2026$270 millionOver $150 millionAugust 27, 2026$98 millionNear zeroMarket Resilience Despite DeFi CrisisWhile the DeFi incident exposed vulnerabilities, Stellar’s network fundamentals appear strong in other areas. The tokenized real-world asset (RWA) market on Stellar now exceeds $3 billion, highlighting continued demand and activity outside the affected protocols.
Stellar Lumens (XLM) traded down by 2.82% to $0.18 after the exploit but has managed to sustain levels above its major support area for eight straight days. According to SoSoValue’s price tracking, XLM’s performance has been buoyed, despite short-term pressure from the exploit and resulting liquidations.
XLM’s price action has shown resilience amid the exploit, remaining above $0.18 for over a week and sustaining a 5% gain over the past 30 days, even as investor sentiment wavers.
Volatility and Investor SentimentXLM’s recent session saw heightened volatility, with market indicators offering mixed signals. The Chaikin Money Flow (CMF) remains slightly negative on both 4-hour and daily charts, reflecting cautious investor sentiment. Meanwhile, the one-hour chart points to neutrality, as top buyers remain on the sidelines.
At press time, XLM trades a cent above its SuperTrend price of $0.1707, providing a narrow advantage for bullish positions. In futures markets, traders holding long positions faced $191,330 in liquidations out of $205,610 over the past 24 hours. Despite the setback, XLM’s open interest funding rate has stayed positive for ten consecutive days.
The nearest bullish target for XLM is now set at $0.195, while the token’s price continues to move in close correlation with Bitcoin. As the leading cryptocurrency pulled back to $78,700, XLM mirrored the broader trend, although it maintained positive momentum over the past month.
Price Correlation and Broader Market ContextStellar’s price movements have closely tracked Bitcoin’s recent market action, with both assets experiencing similar percentage shifts. Over the last 30 days, XLM’s price edged 5% higher, reflecting some degree of market confidence even in the face of protocol-specific issues.
Spectra se integruje se Stellarem a přináší fixní úrokové trhy i obchodovatelný výnos. Stellar’s Security Audit Bank potvrzuje dokončený Certora audit z 18. května 2026.
TLDR: Spectra splits yield-bearing assets into Principal Tokens and Yield Tokens for separate trading. Yield Tokens give holders exposure to an asset’s future yield without owning it outright. Stellar’s Security Audit Bank confirms a completed Certora audit dated May 18, 2026. XCCY is also building a fixed-rate engine on Stellar, signaling growing sector demand. Spectra is bringing fixed-rate markets and tradable yield to the Stellar network, adding a new layer to its onchain economy.
The protocol splits yield-bearing assets into two separate tokens. One token carries fixed returns, while the other tracks variable yield exposure.
Stellar’s Security Audit Bank lists a completed Certora audit dated May 18, 2026, for the integration. The addition follows Stellar’s steady expansion across tokenized assets, lending and settlement infrastructure this year.
Spectra Splits Yield Into Two Tradable Markets Spectra describes itself as an open, permissionless interest-rate derivatives protocol. Its design takes a yield-bearing asset and divides it into two components.
These components are known as the Principal Token and the Yield Token. Once split, each piece can trade independently on its own market.
The Principal Token, or PT, represents the fixed-yield side of the arrangement. Holders buy the principal at a discount to its face value.
At maturity, that token can be redeemed for its full fixed value. This structure gives users a predictable return over a set period.
The Yield Token, or YT, works differently from its counterpart. It gives holders exposure specifically to the future yield of the underlying asset.
Rather than owning the asset itself, traders gain a claim on what it earns. This effectively allows the yield to be traded as its own instrument.
Crypto commentator Marco Salzmann framed this as part of a broader pattern building on Stellar. He described the network’s stack as moving through tokenized assets, lending, yield markets and settlement.
Spectra’s arrival adds another financial primitive to that sequence. Each layer, he noted, builds on the capital already sitting onchain.
Audit Confirms Integration as Competition Grows Stellar’s Security Audit Bank provides independent confirmation of the integration timeline. It lists an entry titled “Spectra – Interest Rate Markets on Stellar.”
The associated Certora audit was completed on May 18, 2026. That listing indicates the groundwork for deployment has already been reviewed.
Salzmann pointed to Stellar’s broader environment as a reason the protocol fits well there. The network has drawn real-world assets, stablecoins and institutional financial products in recent periods.
It has also been expanding its decentralized finance infrastructure alongside that growth. Interest-rate markets add a further tool for participants managing that capital.
Spectra is not the only protocol pursuing this type of infrastructure on Stellar. XCCY is separately integrating a fixed-rate engine designed for similar purposes.
That engine targets fixed yield, fixed-rate borrowing and hedging against variable interest rates. Both efforts point toward growing demand for interest-rate tools on the network.
The Stellar Development Foundation’s 2026 strategy focuses on bringing more capital onchain. It also emphasizes increasing how efficiently existing onchain assets are used. Fixed-rate markets and separable yield exposure support both of those stated goals.
As more asset types settle on Stellar, tools like Spectra give holders more ways to manage risk and return, rather than holding a single fixed exposure to whatever yield the market happens to produce at any given time.
Charles Schwab plánuje v příštích měsících přidat na platformu Schwab Crypto Solanu, Avalanche a Chainlink. Tím rozšíří nabídku z dvou na pět digitálních aktiv pro zhruba 39 milionů klientů.
Charles Schwab has announced plans to expand its cryptocurrency offerings by adding Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) to its Schwab Crypto platform in the coming months. The brokerage currently allows trading in Bitcoin (BTC) and Ether (ETH), and the expansion will increase its available digital assets from two to five. This move will provide Schwab’s approximately 39 million clients the option to trade these additional tokens within the same platform they use for stocks and ETFs.
Platform expansion and new assetsSchwab introduced its crypto spot trading service for retail clients in May 2026. The company stated that the new addition aims to meet increasing client demand for established cryptocurrencies. While Schwab has not given a precise launch date for Solana, Avalanche, and Chainlink, it indicated that trading will be open in the coming months.
Joe Vietri, Head of Digital Assets at Charles Schwab, emphasized that the expansion is designed to offer clients greater flexibility in constructing their portfolios. Vietri explained that customers can now “build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab.”
With this expansion, clients will have more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab.
The company plans to maintain its transaction pricing at 75 basis points, or 0.75% of each trade’s dollar value, describing this as one of the lowest fees among major brokers.
Infrastructure, custody and access limitationsAsset custody for Schwab Crypto accounts is handled by Charles Schwab Premier Bank, while trade execution is managed through Paxos, a blockchain infrastructure provider regulated by the Office of the Comptroller of the Currency.
However, access to Schwab Crypto is currently unavailable to residents of New York and Louisiana and is not accessible outside the United States.
Mini dictionary: Paxos is a New York-based blockchain infrastructure company that provides digital asset issuance and settlement services. It operates under US regulatory oversight and partners with financial institutions for regulated trading.
The impact of Schwab’s entry for SOL, AVAX, and LINKCharles Schwab manages more than $12 trillion in client assets, making it one of the largest brokerage firms in the United States. The decision to list SOL, AVAX, and LINK is expected to increase these tokens’ reach and appeal beyond the traditional crypto user base, bringing them to a broader retail audience.
The three tokens recorded price increases after the news went public. Solana traded near $107, an 11.6% rise within 24 hours. Chainlink rose to approximately $11.9, up 6.3%. Avalanche also climbed by over 4%, reaching $7.50, according to CoinMarketCap data.
Token24h Price ChangeCurrent PriceSOL (Solana)+11.6%$107LINK (Chainlink)+6.3%$11.9AVAX (Avalanche)+4%$7.50Schwab’s latest move marks a cautious expansion into digital assets. The company previously started its crypto platform with only Bitcoin and Ether, reflecting a careful approach while it evaluated marketplace risk and demand. Schwab asserts that the list of available tokens will continue to grow, but each addition remains subject to regulatory requirements and the company’s risk guidelines.
Cautious approach to cryptocurrencyCharles Schwab has previously described cryptocurrencies as speculative and high-risk in its reports, noting that digital assets can significantly influence portfolio volatility even at low allocation levels of 1% to 3%. The company also warns clients that these assets are not FDIC insured or SIPC protected and may lose their entire value.
Schwab’s disclosures state that digital assets are not covered by FDIC or SIPC insurance, and significant losses are possible.
While the company’s latest development brings more options for investors, Schwab maintains the right to delay or withdraw any token listing depending on regulatory changes or additional risk assessments.
LINK drží support na 11 USD a na grafu se tvoří býčí pennant, který může při průrazu mířit k 15 USD. Charles Schwab zároveň plánuje přidat LINK, SOL a AVAX na svou krypto platformu.
TLDR LINK trades near $11.89, up 5.11% over the last 24 hours A bullish pennant pattern points to a possible breakout toward $15 The $11 level is acting as key support for the current structure Charles Schwab plans to add LINK, SOL, and AVAX to its crypto platform Schwab holds 39.8 million brokerage accounts and $13.1 trillion in client assets Chainlink is trading at $11.89 at the time of writing. The token has gained 5.11% over the past 24 hours.
Trading volume over the same period reached $449.77 million. LINK’s market capitalization stands at $8.89 billion.
The price chart shows LINK holding above $11. This level has become a key support zone for traders watching the token.
A pattern known as a bullish pennant has formed on the chart. This shape often appears after a strong price move and can signal more upside.
Crypto analyst Crypto With Gopal shared this setup in a post on X. He pointed out that LINK is consolidating above the $11 support after a strong rally.
$LINK printing a textbook bullish pennant 👀📈
After a strong rally, price is consolidating above $11.00 with buyers defending support. A breakout above the pennant could unleash the next momentum wave toward $15 🔥
Bulls are holding control — sentiment remains bullish.$LINK… pic.twitter.com/xBWkpmkzQd
— Crypto With Gopal (@cryptowithgopal) August 27, 2026
According to Gopal, buyers are absorbing selling pressure while keeping control of the price. Holding the $11 level could keep the setup intact for another move higher.
Breakout Target Sits at $15 A clear break above the top line of the pennant would confirm the pattern. If that happens, traders are watching $15 as the next target for LINK.
Chainlink Price on CoinGecko Volume will play a role in confirming any breakout. Low volume moves can turn into fake-outs that reverse quickly.
If the breakout does not happen right away, holding the $11 support remains the main focus. Losing that level could weaken the current structure.
Charles Schwab Adds LINK to Its Platform Chainlink shared news on X that Charles Schwab plans to add three new tokens to its Schwab Crypto platform. The tokens are Chainlink (LINK), Solana (SOL), and Avalanche (AVAX).
NEW: Charles Schwab to add LINK to its Schwab Crypto platform.
As the largest brokerage in the U.S., Charles Schwab serves 40 million brokerage accounts and manages $11.77 trillion in client assets. pic.twitter.com/dC2IIcaScA
— Chainlink (@chainlink) August 27, 2026
This move expands the list of cryptocurrencies Schwab offers beyond Bitcoin and Ethereum. It gives more traditional investors a way to access these tokens through a platform they already use.
Schwab reported 39.8 million active brokerage accounts in the second quarter of 2026. The firm also held $13.1 trillion in total client assets during that period.
Not all of these assets will move into crypto markets right away. Still, the listing could raise LINK’s visibility among a wider group of investors.
The next moves for LINK depend on two things. One is whether buyers protect the $11 support level, and the other is whether the pennant breakout confirms with volume.
Lighter rozšířil integraci s Chainlinkem na více než 125 trhů a přidal 24/5 streamy amerických akcií pro přesnější ceny mimo běžné obchodní hodiny. Feedy podporují likvidace, margin a limitní příkazy.
Lighter, the zero-knowledge rollup-based decentralized exchange built on Ethereum Layer 2, has broadened its partnership with Chainlink to cover more than 125 markets across multiple asset classes and regions. The expansion adds Chainlink’s 24/5 US Equities Streams to the platform, giving perpetual futures traders access to low-latency pricing data well outside traditional market hours.
From commodities to equities: what the integration covers The original partnership between Lighter and Chainlink was announced in November 2025, designating Chainlink Data Streams as the official oracle solution for Lighter’s real-world asset derivatives markets. That initial scope covered commodities, equities, and foreign exchange pricing, the core trio that makes up the RWA derivatives universe.
The January 2026 expansion layers on Chainlink’s 24/5 US Equities Streams specifically. This is the product Chainlink built to serve continuous equity price data during hours when the New York Stock Exchange and Nasdaq are closed, enabling crypto-native platforms to offer trading on equity-linked products around the clock (minus weekends, hence the “24/5” label).
With the expanded integration, Lighter now supports over 125 markets spanning multiple asset types. The Chainlink feeds power several critical functions on the platform: liquidations, margin calculations, and conditional or limit orders that depend on precise, real-time pricing.
Why oracles matter more for RWA derivatives Oracle security is a perennial concern in DeFi, but it becomes especially acute when the assets being traded don’t live natively on-chain. A Bitcoin perpetual contract can reference on-chain liquidity for its price feed. A perpetual contract on Tesla stock or gold futures cannot.
Chainlink has built its reputation as the dominant oracle provider in DeFi precisely because of this dynamic. Its decentralized network of node operators aggregates pricing data from multiple sources, reducing the risk that any single point of failure corrupts the feed. For a platform like Lighter, which runs a verifiable order-book system designed to prevent frontrunning, pairing that execution layer with a robust oracle creates a more coherent security story.
CEO Vladimir Novakovski has spoken publicly about the partnership’s significance, including at SmartCon 2025, framing the Chainlink integration as central to Lighter’s ability to scale its RWA derivatives offering while maintaining data integrity.
The competitive landscape for on-chain perps What distinguishes Lighter’s approach is the combination of ZK rollup technology with a verifiable order book. Most on-chain perps platforms use automated market maker (AMM) models, where liquidity pools replace traditional order books. Lighter’s order-book design is more familiar to traders coming from centralized exchanges, but it introduces complexity around ensuring that the order matching itself is transparent and tamper-resistant.
The ZK rollup layer handles that verification. Every trade execution can be cryptographically proven, which in theory eliminates the possibility of the exchange operator reordering or censoring transactions.
Lighter claims hundreds of thousands of users on its platform as of early 2026.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Chainlink added nine new integrations spanning five of its services and five different blockchain networks on August 30, marking another week of steady infrastructure expansion for the dominant oracle platform. Eight platforms participated in the latest batch, with Coinbase and Robinhood Crypto among the most recognizable names on the list.
The integration breakdown The nine integrations stretch across Chainlink’s core service offerings, which include its decentralized Data Feeds and the Cross-Chain Interoperability Protocol, better known as CCIP. Think of Data Feeds as the plumbing that delivers real-world price information to smart contracts, while CCIP acts as the universal translator between different blockchains, letting assets and messages move across chains without relying on fragile custom bridges.
The platforms involved are expected to use Chainlink’s capabilities for applications including wrapped assets and enhanced cross-chain features. Wrapped assets, for context, are tokens on one blockchain that represent assets from another, like holding a receipt for Bitcoin on Ethereum. Getting the price data right on those instruments is critical, and that’s where Chainlink’s Data Feeds come in.
A pattern, not a one-off Chainlink has turned these integration announcements into something resembling a weekly ritual. The week prior, on August 23, the network logged 12 integrations across five services and ten chains. Two weeks before that, on August 9, it was eight integrations across five services and six chains.
Why the big names matter Coinbase and Robinhood aren’t exactly scrappy startups experimenting with blockchain infrastructure for the first time. Both are publicly traded companies with regulatory obligations, compliance teams, and millions of users. Their willingness to integrate Chainlink services carries implicit institutional validation that smaller DeFi protocols simply can’t provide.
For Coinbase specifically, the integration aligns with its broader strategy of building out on-chain products beyond its centralized exchange. The company has invested heavily in Base, its Ethereum layer-2 network, and reliable oracle infrastructure is essential for any DeFi ecosystem to function on top of it.
What to watch from here The steady accumulation of integrations has implications for LINK, Chainlink’s native token. More integrations mean more potential usage of the network’s services, which could translate into increased demand for LINK as it is used to pay for oracle services and participate in staking. Whether that demand moves the needle on price depends on the actual transaction volume these integrations generate, not just the announcement itself.
The cadence of these announcements, averaging roughly nine to twelve integrations per week through August alone, suggests that Chainlink’s integration pipeline remains healthy heading into the fall.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Circle se dohodla na sponzorství s Chelsea FC a logo USDC se objeví na dresech v sezóně 2026/2027. Dohoda přichází po varováních FCA před spoluprací klubů s neregulovanými finančními firmami.
Circle, the digital payments firm behind the USDC stablecoin, has reached a sponsorship agreement with Chelsea Football Club that will see its branding featured on players’ jerseys during the 2026/2027 season.
Deal details and regulatory contextThe partnership was announced just months after the UK Financial Conduct Authority (FCA) raised concerns regarding sponsorship deals between football clubs and unauthorized financial companies, including those in the crypto sector. In early 2024, the FCA sent warning letters to several Premier League clubs, possibly including Chelsea, cautioning them about arrangements that could expose fans to unregulated financial products and potential legal breaches.
The FCA urged clubs to ensure that collaborations do not allow dubious or unauthorized firms to leverage club loyalty for promoting speculative or unregulated financial offerings to a massive audience. Lucy Castledine, director of consumer investments at the FCA, emphasized,
“Millions of football fans trust their club’s badge. Clubs should not let unauthorised financial firms exploit that loyalty by putting potentially dodgy products in front of millions of fans.”
The FCA serves as the United Kingdom’s chief financial conduct regulator. Its role encompasses protecting consumers, supervising financial markets, and enforcing regulations to maintain integrity within the financial system.
Mini dictionary: Circle, a US-based financial technology company, is known for issuing the USDC stablecoin—one of the most widely used dollar-pegged digital currencies. Chelsea Football Club is a prominent professional football team competing in the English Premier League.
Circle UK Trading Limited, a registered local arm of Circle, has been authorized under the FCA since 2018 to provide specific financial services to those residing in the United Kingdom. While stablecoins such as USDC can be legally used in the UK, comprehensive digital asset regulation is still being developed by lawmakers.
USDC’s regulatory status in the UKAlthough Circle highlighted that USDC is “issued by certain regulated affiliates,” the company clarified that the stablecoin is neither issued nor regulated under United Kingdom law. Policymakers in the UK are in the process of introducing more defined rules surrounding digital assets, including stablecoins, to bolster consumer protections and market oversight.
In light of the FCA’s previously issued warnings to Premier League clubs, the collaboration between Circle and Chelsea is expected to come under detailed review to ensure compliance with existing regulations. There was no immediate response from either Circle or the FCA regarding additional comments or clarifications on the deal.
This sponsorship aligns with Circle’s wider efforts to expand USDC’s visibility and adoption internationally, leveraging the global popularity of football. Meanwhile, Chelsea continues to partner with major brands across various sectors to reinforce its commercial footprint in sports and entertainment.
An attacker drained over $653,000 from card collateral vaults at Avici, a Solana neobank whose own documentation promised that only a user’s wallet could ever move that money.
The token Avici (AVICI) has since fallen by about 40% to $0.24. The sum taken equals close to a fifth of its entire market value.
AVICI Price Performance. Source: CoingeckoWhat the Avici Exploit BrokeAvici sells a Visa credit card backed by USDC. Users lock the stablecoin in a smart contract, and spending draws it down. Third National issues the card, not Avici.
“Only user’s wallet can withdraw funds from escrow contract after deducting the spends,” the company’s documentation states, indicating who holds the keys.
On Friday, the vaults emptied anyway, with a live tracker counting $653,548 pulled out as of this writing
Avici Attack. Source: Live TrackerSelf-custody set out who could not take the money. It did not remove every privileged path written into the program itself. That gap is where the funds went.
On-chain researchers say the attacker submitted a crafted signature bundle, made itself an admin on the escrow accounts, then withdrew. Avici has not confirmed that method.
more info on the ongoing @avici hack ⚠️
> drain started 2 hours ago (5PM UTC) and is still ACTIVE !!
> over $1M exploit confirmed so far
> over 9000 users affected so far
> exploiter wallet address: FVNFzqAny8spWdPmYw6RQ9TkYa29ueFFiqCFD1gQnCEj
> hacker transferred out over $1M… https://t.co/jG4iXbda1i pic.twitter.com/IHLmkPN10B
— inno (@inno_sol) August 28, 2026
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Why This Is Not a Treasury HackEach customer holds a separate escrow contract. So the money was left account by account. There was no single pot to empty.
It suggests a familiar pattern, such as when a Solana governance attack took $20 million from one BONK DAO treasury in a single stroke.
Associated tokens rarely shrug such incidents off, which is why the AVICI token fell almost 40%. In the same way, a bridge breach sent Midnight’s token to a record low in July.
Midnight (NIGHT) Token Price Performance. Source: BeInCrypto MarketsAvici has said only that it is aware of an issue affecting card balance withdrawals. No post-mortem has followed.
We’re aware of an issue affecting card balance withdrawals and are closely monitoring the situation.
We’re working directly with all relevant partners to resolve it and will share updates as soon as we have more information.
— Avici (@avici) August 28, 2026
The company has not said whether the remaining vaults can still be called, or whether card settlement with Third National is affected.
BIS varuje, že USD stablecoiny mohou oslabit měnovou suverenitu zemí mimo USA. Zároveň uvedla, že transakce se stablecoiny letos v létě klesly o 37 % z 1,8 bil. USD na 1,13 bil. USD.
Bank for International Settlements (BIS) has changed its position on stablecoin payments.
On the sidelines of the Jackson Hole event, BIS head Pablo Hernández de Cos reiterated that stablecoins are not a credible payment method at scale compared to tokenized deposits (bank-led wholesale alternatives).
In particular, de Cos warned that U.S dollar stablecoins pose a risk to monetary sovereignty.
The growing adoption of dollar-pegged stablecoins has also raised concerns in some jurisdictions about monetary sovereignty and the potential for digital dollarization.
According to him, the widespread adoption of USD-based stablecoins outside the U.S would weaken the local domestic monetary policy of most countries.
Is BIS stablecoin risk valid or overblown? Currently, the USD-based stablecoins dominate over 90% of the market supply, led by Tether and Circle.
But they are issued by private tech firms and mostly used by retail and some businesses. Notably, there’s significant traction in some emerging markets with high demand for the U.S dollar or collapsed local currencies.
Already, Tether’s USDT is widely used in most South American countries. In fact, Bolivia is considering making it a local tender.
However, the BIS’s warning seems like a plausible risk that has been echoed by other analysts too. Austin Campbell, adjunct professor at Columbia Business School, shared a similar concern and noted,
USD stablecoins will destroy 50%+ of currencies within 30 years.
Source: X For BIS, stablecoins have limited commercial use. Instead, the global financial institution, commonly known as the central bank for central banks, vouched for bank-issued alternatives (tokenized deposits).
The BIS head de Cos believes tokenized deposits eliminate the inherent risk against sovereign monetary control associated with stablecoins.
Tokenised deposits offer a more direct path to harness tokenisation while preserving the monetary system’s foundations.
That said, stablecoin transactions dropped by 37% this summer, declining from $1.8T at the end of June to $1.13T in August. In other words, broader adoption and traction eased slightly.
Source: Visa Banks such as JPMorgan are already testing their tokenized deposits. Similarly, the ECB is pushing for central bank money to go on-chain, according to a Bloomberg report. Put differently, tokenized deposits and central-bank-issued money could hit the market soon.
But it remains to be seen whether tokenized deposits will rival the already entrenched USD-stablecoins.
Final Summary BIS head reiterated the risk of USD-based stablecoins and downplayed their global scale of usage Stablecoin volume dropped 37% this summer, with August making its 3-month low since June.
Zcash price [ZEC] has returned above $800 as holders consider changes that could impact the network’s speed and issuance.
ZEC traded near $826 at the time of writing after falling briefly to the $773 level. The recovery comes during a time when it’s seeing a sharp weekly rally, even as the price remains below its recent peak near $890.
Zcash coinholders weigh five NU7 questions The NU7 coinholder poll asks eligible ZEC holders to vote on five questions concerning Zcash’s next major network upgrade.
One of the proposals is asking for the current four-year halving cycle to be replaced with a smoother reduction in new issuance. Supporters of this proposal believe that this would give miners and users greater certainty instead of cutting rewards suddenly at fixed intervals.
Coinholders are also considering whether part of the network’s transaction fees should return to future block rewards. Other questions cover retiring the old Sprout transaction system and allowing NU7 to proceed if some planned features face delays.
Another proposal would reduce Zcash’s block time from 75 seconds to 25 seconds, which means users would wait less time for transactions to appear on the network.
Cypherpunk Technologies has published its recommended positions on all five questions. The Zcash-focused treasury company strongly supports faster blocks, citing test results that it believes show the network can handle the change.
The poll is also advisory, and its result will only show what participating coinholders prefer, but it does not guarantee that every supported proposal will enter NU7.
ZEC recovers after falling below $800 ZEC’s return above $800 follows a positive move from around $500 within several trading sessions.
The rally briefly took it towards $890 before sellers stepped in, and then it dropped below $800, reaching $773 during the latest session. But buyers pushed it back to around $826.
Source: TradingView That leaves $850–$880 as the next area to overcome, as a move beyond the recent high could bring $900 into view.
The first support sits around $780, and if that level fails, the price could return to $750, an area where buyers previously responded.
There was a lot of trading activity during the initial surge, but it has since reduced. That does not end the rally, but it suggests the latest rebound has led to less activity compared to the move that took its price to $800.
Final Summary Zcash holders are voting on faster blocks, issuance changes and other NU7 questions. ZEC recovered from a fall to $773 to around $826, leaving $850–$880 as its next test.
Grayscale Research říká, že Zcash má tři výhody, které Bitcoin nemá, a může si ukrojit jeho podíl na trhu. ZEC zároveň vystřelil na nejvyšší cenu od roku 2018.
Grayscale Research says Zcash (ZEC) has a real chance of capturing Bitcoin’s (BTC) market share, citing three features that the largest digital currency lacks.
The note landed as the asset manager launched the first spot ZEC exchange-traded product (ETP), and the token hit its highest price since 2018.
Bitcoin Controls 93% of the Currencies SectorGrayscale sorts crypto assets by use case through its Crypto Sectors framework. Bitcoin accounts for 93% of the Currencies category by market capitalization.
Head of Research Zach Pandl wrote that earlier rivals such as Litecoin (LTC) did not mount a serious challenge. He added that deep network effects have kept rivals small. Many investors never diversify past Bitcoin inside the category, he added.
The gap remains wide today. Bitcoin trades near $78,645, with a market cap of roughly $1.58 trillion.
Zcash sits far behind, with ZEC trading near $790 and a market value of about $13.3 billion. That ranks it 12th overall.
The token is therefore worth less than 1% of Bitcoin. It reached that level after rising roughly 19-fold over the past year.
Grayscale reads that distance as room for competition rather than evidence against it.
The 3 Features Grayscale Says Bitcoin LacksPandl framed Zcash as a second mover with advantages that Bitcoin could not adopt at launch. Financial privacy tops the list, which he tied to the spread of AI-powered surveillance.
Second, Zcash developers continue to work on cybersecurity risks, including future quantum threats to classical cryptography. The third feature is the “intents” technology in modern wallets.
“Zcash does not require widespread merchant adoption—you (or your AI agent) can use it as a private asset hub with universal connectivity through intents,” Pandl said.
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Grayscale Research believes Zcash $ZEC has a real shot at capturing Bitcoin $BTC market share.
@Zcash has second mover advantages Bitcoin doesn't:
↳ Financial privacy in an era of AI-powered surveillance
↳ Cross-chain reach through $NEAR Intents
↳ Active development against… pic.twitter.com/EezUCAdUET
— Grayscale (@Grayscale) August 27, 2026 Grayscale modeled what those features could be worth. Using a five-year supply estimate, the firm put ZEC at $1,622 if it reaches 2% of Bitcoin’s market share, and at $8,109 if it reaches 10%.
Zcash (ZEC) Price Implied by Potential Share of Bitcoin Market Capitalization. Source: Grayscale InvestmentsZEC traded near $790 on Friday, so those scenarios imply gains of roughly 105% and 927%. Grayscale called the projections hypothetical and illustrative.
The firm still labeled the asset high-risk and warned that any gains would not be linear. Pandl acknowledged that transparency, simplicity, and liquidity support Bitcoin’s position.
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Zcash se drží poblíž 790 USD po rally k 880 USD, zatímco Santiment hlásí 183% nárůst průměrné sociální dominance. Open interest u futures je zhruba 1,57 miliardy USD.
TLDR: Zcash price trades near $790 after a rally toward $880. Support sits around $755 to $770, with resistance at $815 to $825. Santiment reports average ZEC social dominance 183% above its earlier baseline. That exceeds gains for Bitcoin, Ethereum and Hyperliquid. ZEC futures open interest totals roughly $1.57 billion. Daily derivatives turnover exceeds reported spot activity by over ten times. ZCSH expands brokerage access through NYSE Arca. The Zcash Foundation schedules its NU7 advisory poll to close on September 14. Zcash price holds near $790 as Santiment reports a 183% increase in average social dominance during the August rally. The privacy coin retreated after gaining almost 80% from roughly $490 to $880 earlier this month. Its share of online discussion expanded much faster than those of Bitcoin and Ethereum.
The Zcash price rally now faces technical resistance near $825, following several lower highs. ZEC futures open interest totals roughly $1.57 billion, adding substantial derivatives exposure around the current trading range. Meanwhile, a new exchange listing expands brokerage access, and an advisory vote addresses unresolved questions about the next network upgrade.
Zcash Price Rally Draws Attention Beyond Bitcoin and Ethereum According to Santiment, Hyperliquid averaged 44% above its earlier social dominance baseline during the same comparison period. Bitcoin recorded about 12% growth, while Ethereum posted approximately 8%. These percentages describe changes in discussion share, not token returns or market capitalization.
Source: Santiment The metric compares coin mentions with discussion of the 100 largest crypto assets. A 183% increase represents 2.83 times the baseline, rather than a 183% share of discussion.
Attention also peaked on different dates. Ethereum reached its social dominance high on August 11, followed by Zcash on August 22. Bitcoin and Hyperliquid peaked on August 26, pointing to successive waves of attention across the four assets.
Bitcoin social volume grew about 9% in the August comparison with July. Its price gained roughly 26%. Santiment interprets that gap as evidence that broad rallies can outpace growth in overall discussion. For Zcash price analysis, greater social dominance does not establish fresh buying or identify bullish sentiment.
Investment access has also changed during the Zcash price advance. Grayscale launched ZCSH on NYSE Arca on August 25, converting its existing trust into an exchange traded product. Assets of roughly $316 million include inherited holdings and should not be confused with fresh inflows.
Separately, the Zcash Foundation opened its Community Advisory Panel poll on unresolved NU7 proposals. Questions cover issuance policy and shorter block times, with voting closing September 14 at 19:00 UTC. The advisory process does not itself activate network changes.
The faster block proposal would shorten target intervals from 75 seconds to 25 seconds. Issuance options address future mining rewards without changing the total supply cap, the Foundation says.
ZEC Futures Exposure and Chart Levels Shape the Next Test CoinGlass figures shows ZEC futures open interest near $1.57 billion at 06:10 UTC on August 28. Futures turnover totaled approximately $3.54 billion over 24 hours, compared with reported spot volume of $345 million. That puts derivatives turnover at about 10.3 times the reported spot total.
Source: Coinglass Liquidations reached roughly $5.4 million, equivalent to about 0.34% of outstanding open interest. Open interest measures unsettled contracts and includes both long and short exposure. It cannot establish whether traders favor a higher Zcash price.
Nor does ZEC futures turnover measure new money entering the market. Repeated trading can increase volume without creating an equivalent increase in outstanding positions. Funding rates, collateral, and spot demand provide additional context that these totals alone cannot supply.
On the chart, buyers previously cleared $512 and $550 before the move accelerated. Sellers then established lower highs, leaving descending resistance around $815 to $825. A sustained Zcash price break above that band would put $840 to $850 in focus before the $880 peak.
Support lies around $765, with recent intraday lows widening the relevant area to $755 through $770. A loss of that zone would bring the next support area around $720 to $740 into view. Meanwhile, the daily Relative Strength Index has eased from above 80 to about 69.7.
Zájem o ZEC na sociálních sítích vyprchal už před spuštěním spotového ETF od Grayscale. Zmínky dosáhly 232 22. srpna, den před cenovým maximem, pak se vrátily na běžnou úroveň.
Social chatter around ZEC hit six times its August baseline before the price peak, then vanished as the ETF launched.
Zcash has been one of the best-performing assets this year. It has managed to attract significant institutional capital. This week, asset manager Grayscale Investments launched the first exchange-traded fund that tracks the spot price of ZEC.
But interest in the privacy-focused token peaked shortly before its price reached a recent high.
Zcash Crowd Showed Up Early Data shared by Santiment revealed that social chatter faded by the time the ZEC spot ETF launched. Grayscale converted its 2017 Zcash trust into a spot ETF, which began trading on NYSE Arca on August 25.
Ahead of the launch, the asset climbed from around $509 on August 18 to about $878 on August 23, posting a gain of roughly 72%. Social mentions reached 232 on August 22, which is around six times the usual August baseline. However, that surge in attention did not last.
Mentions had returned to their baseline level by the ETF’s launch day. According to Santiment, social activity peaked one day before ZEC’s price high, which suggested that much of the crowd interest arrived ahead of the market’s high.
Since reaching about $878, the token has pulled back to roughly $789, a decline of around 10% from the recent peak.
Zcash Challenging Bitcoin? Grayscale Research believes ZEC could emerge as a serious challenger to Bitcoin’s network effects as demand for financial privacy grows. In a report by Head of Research Zach Pandl, the firm said Bitcoin remains dominant among digital currencies. While alternatives such as Litecoin have emerged, none has seriously challenged BTC’s position.
You may also like: Grayscale’s Zcash ETF Starts Trading on NYSE Arca With a 2.5% Sponsor Fee Grayscale Discloses Talks Over 200,000 ZEC Contribution to Zcash Trust From DCG Unit Grayscale CEO Files to Sell $53K of GXRP Shares Bought Before Ripple ETF Listing Grayscale, however, stated that Zcash could be different because it combines Bitcoin-like characteristics with privacy features that may become more important as AI-powered surveillance expands. The report also points to the ecosystem’s active development, which aims to address cybersecurity risks, including potential threats to traditional cryptography from quantum computing.
Another advantage is its cross-chain reach through “intents” technology built into modern blockchain wallets, which allows Zcash to function as a private asset hub without requiring broad merchant adoption. ZEC has already gained around 19 times over the past year but remains worth less than 1% of Bitcoin’s market capitalization. Grayscale said Zcash’s financial privacy and other features may be undervalued, thereby leaving room for further upside.
An attacker exploited a vulnerability in the Cosmos EVM to move $50 million of Nesa (NES) off the project’s chain. However, the payout came to $60,000.
Blockchain analytics firm Bubblemaps traced the wallets involved. Liquidity vanished from the pools before the selling finished, and extreme slippage swallowed almost the entire position.
How the Nesa Exploit UnraveledThe main wallet, 0x9AE7, bought $250,000 of NES and bridged the tokens to Nesa Chain. Bubblemaps said the address was funded through Monero (XMR).
The attacker exploited the bug, inflating that balance by 200 times. He then bridged roughly $50 million of NES back to Ethereum (ETH).
From there, the tokens moved through eight addresses. Those wallets swapped NES for ETH on decentralized exchanges before routing proceeds to centralized platforms.
However, liquidity disappeared from the pools before most of the selling happened. The swaps hit extreme slippage, and the attacker recovered $315,000 against $255,000 spent.
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Cosmos Labs Told Chains to HaltCosmos Labs disclosed the incident on August 24 and advised chains in contact with it to have validators halt.
“Many affected chains have now patched. We continue to provide mitigation information to affected chains. Chains that use a Cosmos EVM version less than v0.6.2 or v0.7.2 are recommended to immediately halt the blockchain and upgrade it to include the patches in those releases,” the team said in an update.
It has not yet named the vulnerability, the affected chains, or the total loss figure. The team has promised an incident report once the response ends.
Four networks running the shared module have reported problems. KiiChain said an attacker repeated the same technique 18 times, draining 148,326,583.15 KII.
Nesa also notified users that it had identified malicious activity exploiting the Cosmos EVM vulnerability on its layer-1. The team said they will bring the services online after a software fix. Other impacted networks include MANTRA and TAC.
Whether other chains running the module took quieter losses will not be clear until Cosmos Labs publishes its report.
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Algorand Foundation spustila AC2, otevřený protokol pro AI agenty, který umožňuje schvalovat podpisy ve vlastní peněžence bez předání privátních klíčů. Protokol je blockchain-agnostický.
AI agents are increasingly asked to make payments, sign code and manage digital operations, yet the channels they use offer no cryptographic identity and force users to hand over their private keys. The Algorand Foundation is trying to close that gap with AC2, an open protocol announced Aug. 25, according to a release from the foundation.
How AC2 works AC2, short for Agentic Communication and Control Protocol, establishes a direct, end-to-end encrypted WebRTC connection between a user’s wallet and an AI agent. When an agent needs to perform a signing operation, such as a payment, a git commit or an API authorization, it sends a request that the user reviews and approves in their own wallet, and the signature is delegated back. The private key never leaves the user’s control.
The protocol is designed to support a broad range of agentic workflows: a coding agent can draft code and ask the developer to approve the final signature, an assistant can route payment details to a wallet for approval, and a shopping agent can construct a mandate defining what it is authorized to buy and at what price.
The design choices The specification uses DIDComm v2.0 message formats, passkey authentication through Liquid Auth built on FIDO2 and WebAuthn, and supports real-time voice and text streaming as well as signing delegation. It requires no central message relay and no blockchain to operate, and the reference implementation is available on GitHub alongside an open-source wallet proof-of-concept and an OpenClaw plugin for testing.
“The answer is you don’t hand them the keys, you approve each use of them,” said Marc Vanlerberghe, the foundation’s chief strategy and marketing officer, describing how AC2 grants AI agents authority without the ability to act against a user’s interests.
Where it fits The launch builds on Algorand’s recent security-focused upgrades and lands as how exchanges are opening trading to AI agents becomes a live question across the industry. The foundation cautioned that the release contains forward-looking statements and that the protocol remains subject to change as it seeks design partners. The protocol is blockchain-agnostic, so wallets and agents across networks could adopt it rather than being tied to Algorand.
AUTHOR
Entrepreneur and freelance writer based in Nakuru, Kenya. I cover cryptocurrency, the Blockchain technology, and financial topics. It’s my joy to transform the simplest phrases in a way they reach a reader’s heart to help them discover how crypto is disrupting the world as we have known it. I believe in transforming the world, one word at a time.
Chainlink je podle článku klíčovou infrastrukturou DeFi a pohání zhruba 70 % globálního trhu, včetně 80 % DeFi na Ethereum a 90 % na předních layer-2 sítích.
Every financial revolution needs foundational infrastructure. For DeFi, that infrastructure is Chainlink.
From the experimentation of DeFi Summer to the institutional-grade applications of today, Chainlink has been a constant driver of innovation for the onchain finance economy. Beyond providing critical infrastructure, Chainlink is widely credited as a primary driver of DeFi’s growth to more than $200 billion TVL. The launch of Chainlink Price Feeds in 2019 enabled DeFi protocols such as Aave to launch secure markets that could safely scale from a few million to tens of billions of dollars in net deposits.
Today, Chainlink powers approximately 70% of the global DeFi market, including 80% of Ethereum DeFi and 90% of DeFi on leading layer-2 networks. Chainlink has enabled tens of trillions of dollars in transaction value, including trillions of dollars in deposits and borrows for lending platforms like Aave.
Since establishing the industry’s most secure and reliable oracle networks for market data, Chainlink has expanded into a unified platform of services spanning data, interoperability, compliance, privacy, and orchestration. The platform is now being used by the world’s largest DeFi applications to support innovative use cases across lending, derivatives, insurance, prediction markets, stablecoins, and more.
In this collection, you’ll find major Chainlink DeFi integrations and announcements across some of the largest DeFi protocols and ecosystems in the industry.
Lending & BorrowingDecentralized finance (DeFi) lending protocols allow users to lend or borrow assets using smart contracts, relying on Chainlink's decentralized market data to accurately price assets, calculate loan health, and trigger liquidations.
Aave Aave is the largest DeFi protocol with tens of billions in net deposits, over a trillion dollars in all-time loans, and a majority of active loan market share. Chainlink provides Aave with the data, interoperability, and orchestration capabilities that power every Aave lending market across 20+ blockchains. Since its original launch in 2020, Aave has been fully powered by Chainlink, with every lending market deployment secured by Chainlink decentralized oracle networks. As Aave has expanded across chains and market verticals, its adoption of Chainlink has continued beyond price data to provide the foundational infrastructure that powers Aave.
Data Feeds: The primary source of data on Aave that enables:
Valuing collateral and debt in real time, which determines how much a user can borrow against deposited assets. Triggering and pricing liquidations when positions become undercollateralized, protecting against protocol insolvency.Minimizing manipulation and outage risk by using decentralized, aggregated data.Smart Value Recapture: Recaptures liquidation MEV through a decentralized network of liquidators, converting oracle-related value into protocol revenue across chains. Since Aave integrated SVR, it has recaptured tens of millions of dollars and generated additional Aave DAO revenue. "This Chainlink SVR integration increases revenue for the DAO, strengthening the Aave ecosystem." — Stani Kulechov, Aave Labs FounderLink to the announcement.
SmartData: Powers Aave Horizon to enable institutional investors to borrow against tokenized real-world assets. By securing its lending markets with high-quality Chainlink data infrastructure, Aave Horizon can support overcollateralized stablecoin loans onchain against U.S. Treasuries, credit, and equities as collateral.
Link to the announcement.
CRE: Powers automated governance and treasury operations across all chains where Aave is deployed. CCIP: Enables Aave's stablecoin GHO to be natively available on Coinbase’s L2 Base network, with all cross-chain transfers secured by Chainlink CCIP. Since adopting the CCIP-powered Cross-Chain Token (CCT) standard, Aave’s GHO has grown over 925% to hundreds of millions in circulating value.
ACE: Powers a modular compliance layer that verifies policy and identity data at the transaction level, allowing Aave Horizon to enforce issuer and regulatory standards onchain for tokenized RWAs.
KaminoKamino, the largest DeFi lending protocol on Solana, leverages Chainlink to obtain the financial market data required to securely price loans and liquidate at-risk positions.
Data Streams: Enhance the performance, reliability, and security of Kamino markets by enabling accurate loan and liquidation calculations. Kamino also integrated xStocks by leveraging the Chainlink data standard to unlock tokenized equities lending. xStocks’ tokens can now be used as collateral for borrowing on Kamino’s xStocks Market, powered by Chainlink Data Streams’ custom solution that delivers reliable market data.
Link to the announcement.
Compound FinanceCompound, a DeFi lending market protocol, leverages Chainlink to underpin institutional-grade lending markets on Compound v3 and v4 with secure price data and verifiable risk controls.
Data Feeds: Provides a reliable source of pricing data that enables Compound to securely support multiple collateral types such as tokenized treasuries, equities, and structured products. Smart Value Recapture: Enables Compound to recapture liquidation-related OEV and redirect value back to the protocol.
Link to the announcement.
Maple FinanceOnchain asset manager Maple Finance leverages the Chainlink interoperability standard to accelerate the expansion of syrupUSDT and syrupUSDC.
CCIP: Enables billions of dollars worth of syrupUSDC to be natively transferable across Ethereum and Solana.Chainlink enables users to natively mint the yield-bearing stablecoin on Solana, expanding Maple’s multi-chain reach and advancing its mission to deliver institutional-grade yield to onchain borrowers.
syrupUSDC is the top token transferred via CCIP with billions of dollars in volume.
“Expanding to Solana unlocks a high-speed, high-capacity environment where Maple’s products can reach a broader class of users — from institutions to advanced DeFi participants,” said Sid Powell, CEO and Co-Founder of Maple. “With syrupUSDC now native to Solana, we're delivering yield, capital efficiency, and liquidity to one of the largest stablecoin ecosystems in crypto.”
Link to the announcement.
SparkSpark Protocol, a lending market deployed by the Sky ecosystem, leverages the Chainlink data standard to underpin lending and borrowing services with secure, high-quality data.
Price Feeds: Powers the USDS/USD, ETH/USD, and stETH/USD feeds to increase the speed at which new markets are launched within the Sky ecosystem."The integration of Chainlink Price Feeds was essential to bringing Spark Protocol online in a timely manner. We feel there is mutual benefit in continuing to build a relationship with Chainlink. Spark is all about openness and collaboration." — Sam MacPherson, CEO of Phoenix LabsLink to the announcement.
JupiterJupiter, a leading DeFi protocol on Solana, leverages Chainlink to enhance its onchain perp markets and secure short-term crypto markets on Jupiter Prediction Markets.
Data Streams: Jupiter leverages Data Streams to deliver low-latency market data to strengthen its perps market and power 5-minute & 15-minute prediction markets for BTC, ETH, and SOL on Jupiter Prediction Markets. Link to the announcement.
Tydro Tydro, the largest lending protocol on Ink, deprecated its legacy oracle solution and officially migrated to Chainlink to secure its lending markets.
Data Streams: Delivers tamper-resistant, highly accurate market prices that are continuously updated and resilient to manipulation, to secure all current and future lending markets on Tydro.Link to the announcement.
DerivativesOnchain derivatives are financial contracts, such as futures or options, whose value is derived from underlying assets, utilizing Chainlink’s low-latency, manipulation-resistant market data to accurately price assets, settle contracts, and ensure continuous protocol solvency.
LighterLighter, a leading perp DEX and the biggest ZK-based Ethereum rollup, leverages Chainlink Data Streams as its official oracle solution powering its RWA markets.
Chainlink Data Streams: Delivers high-fidelity pricing data for RWA markets, including commodities, equities, and FX. This pricing data powers critical protocol operations, such as triggering liquidations, calculating margin consumption, and triggering conditional/limit orders.Link to the announcement.
GMX GMX, a decentralized perpetual exchange, integrated Chainlink Data Streams for secure financial market data to support perpetuals, swaps, and liquidity.
Data Streams: Enables sub-second pricing updates and fast onchain transaction execution to power high-speed markets on its decentralized perpetual exchange.
Link to the announcement.
Chainlink 24/5 Equity Streams: Enables extended execution of equity perp markets beyond traditional market hours.
“We’re excited to expand our partnership with Chainlink as Lighter’s official oracle solution for RWA markets by integrating 24/5 U.S. Equities Streams. This enables us to extend our fair, low-latency perp execution beyond regular market hours without compromising data integrity.” — Vladimir Novakovski, Founder & CEO, Lighter
Link to the announcement.
ApeX ExchangeApeX Exchange, a decentralized derivatives exchange, integrated Chainlink to power and secure its RWA perpetuals.
Data Streams: Delivers low-latency market data for tokenized real-world assets, enabling users to trade RWA markets across Arbitrum, Base, BNB Chain, Ethereum, and Mantle. "Bringing tokenized real-world asset markets on-chain is a major milestone for ApeX Exchange, and Chainlink Data Streams is the critical infrastructure making it possible. By integrating low-latency and highly reliable RWA pricing data across five chains, we’re setting the stage for a new era of decentralized RWA trading. ApeX delivers a solution that meets the needs of traders seeking exposure across both crypto and real-world asset markets." — Leon, Co-Founder, ApeX.
Link to the announcement.
Chainlink 24/5 Equity Streams: Unlock institutional-grade onchain equity perps with enhanced risk controls such as liquidations and margin management. “Chainlink’s 24/5 U.S. Equities Streams unlock the ability to offer equity perps with institutional-grade risk controls. Continuous coverage paired with rich market metadata allows ApeX to manage margining and liquidations more accurately across pre-market, post-market, and overnight trading.” — Hamza, Marketing Lead, ApeXLink to the announcement.
MYX Finance MYX Finance, a permissionless perpetual trading platform, integrated Chainlink to power secure and efficient perp markets across all EVM-support chains.
DataLink: Enables permissionless perpetual market listings on the MYX platform. Data Streams: Delivers institutional-grade, low-latency market data that supports next-generation perpetual markets. Link to the announcement.
Price Feeds: Powers secure perp trading markets before tokens are listed on centralized exchanges. Link to the announcement.
Prediction MarketsPrediction markets enable users to trade the outcomes of real-world events, relying on Chainlink to securely connect smart contracts to real-world data sources so markets resolve accurately and transparently without a single point of failure.
PolymarketPolymarket, the leading onchain prediction markets platform, partnered with Chainlink to unlock high-speed crypto markets and enhance resolution accuracy.
Data Streams: Deliver verifiable, low-latency oracle reports to enable near-instantaneous resolution and instant payouts of asset pricing markets
Polymarket’s Chainlink-powered 5-minute, 15-minute, and 4-hour crypto prediction markets have reached billions in trading volume.
Link to the announcement.
ADI Predicstreet ADI Predictstreet, the first-ever Official Prediction Market Partner of the FIFA World Cup 2026™, adopted Chainlink's orchestration standard to enable accurate sports markets and unlock instant payouts for over 6 billion fans worldwide.
CRE: Enables Predictstreet to automate market creation, resolution, and settlement, with high-quality FIFA data.Link to the announcement.
World World, the premier prediction market on Solana, adopted Chainlink as its primary oracle infrastructure to unlock immediate resolutions & instant payouts.
World is actively expanding its Chainlink-powered markets across:
• Macro and Markets: Interest rates, inflation, GDP, employment, equities, commodities, and FX
• Major Sports: NBA, NFL, MLB, NHL, tennis, golf, MMA, and more
• Elections: U.S. and International
CRE: Enables World’s prediction markets to settle rapidly with deterministic outcome resolution.Data Streams: Delivers fast, accurate data to power high-performance crypto prediction markets on World.Link to the announcement.
MyriadMyriad adopted Chainlink as the official oracle platform to power new crypto prediction markets.
CRE: Powers a unified orchestration layer to automate market creation, resolution, and settlement for Myriad’s prediction markets.Data Streams: Delivers fast, accurate data to power high-performance prediction markets on Myriad.Link to the announcement.
Predict.fun Predict.fun adopted Chainlink as core infrastructure to power high-speed crypto prediction markets.
CRE: Automates the market creation and lifecycle management required to operate Predict.fun prediction markets. DataLink: Delivers data from Binance’s order books to Predict.fun. Link to the announcement.
Opinion Labs Opinion Labs, a prediction market, leverages Chainlink for real-time equity data to power new prediction markets.
Chainlink 24/5 Equity Streams: Delivers real-time equity data to enable accurate settlement and enhanced resolutions for always-on equity-focused prediction markets.
Link to the announcement.
Limitless Limitless, the largest prediction market on Base, adopted Chainlink as its oracle infrastructure to unlock high-speed prediction markets.
Data Streams: Delivers fast, accurate data to power high-speed resolution for short-term, high-volume crypto markets and enables instant payouts on Limitless.Link to the announcement.
Stablecoins & PaymentsStablecoins provide a medium of exchange that forms the backbone of global onchain payments, with Chainlink providing price data and enhanced utility by continuously verifying offchain fiat collateral balances, unlocking DeFi utility, and securely processing cross-chain payments.
World Liberty Financial World Liberty Financial adopted Chainlink interoperability standard to power cross-chain transfers of its $4B+ USD1 stablecoin.
CCIP: Enables builders to access USD1 across chains for onchain payments, lending markets, and other DeFi applications.CRE: Continuously pulls reserve data from BitGo, verifies it, and delivers it onchain. Price Feeds: Deliver secure, reliable market data to enable the launch of WLFI's Aave V3 instance. Proof of Reserve: Enhances the transparency around the collateral backing USD1. Link to the announcement.
PaxosPaxos, a leading tokenization platform, adopted Chainlink to accelerate the adoption of PayPal USD (PYUSD), PayPal’s USD-backed stablecoin issued by Paxos, by increasing its utility across DeFi.
Price Feeds: Delivers secure market data around the PYUSD stablecoin, enabling developers to integrate the stablecoin using accurate, reliable, and decentralized market data for PYUSD onchain. Link to the announcement.
Ripple Ripple adopted the Chainlink standard to enhance RLUSD utility and expand access in the multi-chain DeFi ecosystem.
Price Feeds: Delivers secure, reliable pricing data for RLUSD to support trading, lending, and integrations into DeFi applications. “As RLUSD scales across DeFi ecosystems, reliable and transparent pricing is essential to maintaining stability and building trust in its utility within decentralized markets. By leveraging the Chainlink standard, we bring trusted data onchain, further strengthening RLUSD’s utility across both institutional and decentralized applications.” — Jack McDonald, SVP, Stablecoin at RippleLink to the announcement.
United Stables Following a security review, United Stables adopted Chainlink as its official data oracle and cross-chain infrastructure to expand the distribution of the U stablecoin across DeFi and deliver institutional-grade security for the United Stables ecosystem.
Data Feeds: Delivers highly accurate, decentralized market data to enhance the utility of U across leading lending protocols.Proof of Reserve: Provides automated, cryptographic verification of underlying collateral to ensure near-real-time balance sheet transparency for United Stables.Link to the announcement.
KRWQ KRWQ, the world’s largest Korean Won stablecoin from IQ and Frax, adopted Chainlink to unlock automated reserve verifications for its stablecoin.
Proof of Reserve: Enhances transparency into the offchain reserves backing its Korean won stablecoin, accelerating its distribution across the onchain economy.Link to the announcement.
Tokenized Real-World Assets Tokenized real-world assets represent traditional assets onchain, enabling them to interact with smart contracts and decentralized applications. Chainlink provides the infrastructure needed to connect these tokenized assets with the data and systems they depend on, including reliable market data, verification of underlying reserves, and secure interoperability across blockchains and existing financial systems.
Coinbase Coinbase, the leading publicly-listed firm for digital assets, is leveraging Chainlink to transfer all Coinbase Wrapped Assets across chains and to bring its premium exchange data onchain for the first time.
CCIP: Serves as the exclusive bridging solution for all Coinbase Wrapped Assets, enabling cross-chain transfers and expansion.Coinbase Wrapped Assets, which include cbBTC, cbETH, cbDOGE, cbLTC, cbADA, and more, currently have an aggregate market cap exceeding billions.
"We chose Chainlink because they are an industry leader for cross-chain connectivity. Their infrastructure provides a reliable means to expand Coinbase Wrapped Asset offerings." — Josh Leavitt, Senior Director, Product Management at Coinbase.
Link to the announcement.
DataLink: Delivers Coinbase’s premium exchange data underpinning billions in trading activity onchain.With DataLink, protocols can now access a wide range of Coinbase's premium datasets directly onchain, including:
Order book dataSpot pricesPerpetual futures data, including from Coinbase International ExchangeE-mini futures dataAdditional datasets spanning crypto, metals, energy, and equity futures via Coinbase Derivatives Exchange
Link to the announcement.
Robinhood Chain Robinhood Chain, Robinhood's Ethereum-based layer 2 blockchain, adopted Chainlink as its official data and cross-chain oracle infrastructure powering Robinhood Chain and all Robinhood-issued assets, including Stock Tokens like NVDA, GOOG, AAPL, and more.
By leveraging Chainlink, Robinhood Chain unlocked native connectivity across chains, enabling users to access highly secure real-world assets at scale.
CCIP: Unlocks secure cross-chain connectivity for Robinhood assets across the multi-chain ecosystem.Data Feeds: Powers fast, secure, and accurate pricing for Robinhood Stock Tokens. Link to the announcement.
Ondo Ondo, a leading RWA tokenization, selected Chainlink as its official data oracle to accelerate the adoption of tokenized stocks and ETFs.
Price Feeds: Delivers custom tokenized equity market data that captures all economic and corporate action events, such as dividends, delivering comprehensive valuations directly onchain.
“With the recent launch of Ondo Global Markets, we're witnessing the convergence of traditional and decentralized finance in real time. By adopting Chainlink as the official oracle infrastructure for our tokenized stocks we're making our tokenized assets seamlessly composable across DeFi and institutional rails." — Nathan Allman, CEO & Founder of Ondo Finance
Link to the announcement.
xStocks xStocks, a leading tokenized equities platform, is leveraging Chainlink to make its tokenized stocks globally accessible through DeFi.
CCIP: Enables xStocks’ expansion to other blockchains across the multi-chain DeFi ecosystem.Data Streams: Powers custom xStocks Data Streams, a bespoke oracle solution that delivers high onchain data accuracy, sub-second price latency, and the ability to verify corporate actions in real time.Proof of Reserve: Increases the transparency and reliability to the collateralization of xStocks assets. Link to the announcement.
Bridgetower Bridgetower adopted Chainlink to unlock the distribution of tokenized securities tied to the DOM X Arizona Copper-Gold Project, a natural resource asset valued at $11.06 billion.
CRE: Powers transparent, compliant, and scalable asset issuance, unlocking global distribution of Bridgetower’s tokenized real-world assets.Link to the announcement.
Tenbin Tenbin deprecated its legacy cross-chain solution and migrated to Chainlink to expand distribution of its tokenized assets, including tGLD, tMXN, and tBRL, across the multi-chain ecosystem.
CCIP: Unlocks the highest level of cross-chain security to enable the expansion of all Tenbin’s tokenized assets across the multi-chain ecosystem.Link to the announcement.
Commertize Tokenization platform Commertize deprecated its legacy bridging solution and migrated to Chainlink as its official cross-chain infrastructure.
CCIP: Unlocks the highest level of cross-chain security to enable the expansion of Commertize tokenized assets across the multi-chain ecosystem.Data Feeds: Deliver tamper-resistant, highly accurate market prices that are continuously updated and resilient to manipulation. Proof of Reserve: Increases the transparency and reliability of the collateralization of Commertize assets. Link to the announcement.
Superstate SuperState, an asset management firm, is leveraging Chainlink to enhance the transparency and utility of the USTB tokenized fund.
Data Feeds: Deliver onchain NAV data that enhances the transparency and utility of the UTSB tokenized fund. Proof of Reserve: Enhances the onchain verification of AUM data. Link to the announcement.
Backed Backed, a tokenized equity platform, integrated Chainlink to enhance its tokenized RWAs with increased utility, liquidity, and interoperability.
CCIP: Powers secure cross-chain token transfers of bTokens across Arbitrum, Base, BNB Chain, and Solana.Proof of Reserve: Delivers real-time, decentralized verification of bToken’s collateralization, ensuring transparency for users.Data Feeds: Delivers highly accurate, tamper-proof market data for bTokens.Link to the announcement.
Bridgetower Bridgetower adopted Chainlink to unlock the distribution of tokenized securities tied to the DOM X Arizona Copper-Gold Project, a natural resource asset valued at $11.06 billion.
CRE: Powers transparent, compliant, and scalable asset issuance, unlocking global distribution of Bridgetower’s tokenized real-world assets.Link to the announcement.
Tenbin Tenbin deprecated its legacy cross-chain solution and migrated to Chainlink to expand distribution of its tokenized assets, including tGLD, tMXN, and tBRL, across the multi-chain ecosystem.
CCIP: Unlocks the highest level of cross-chain security to enable the expansion of all Tenbin’s tokenized assets across the multi-chain ecosystem.Link to the announcement.
Commertize Tokenization platform Commertize deprecated its legacy bridging solution and migrated to Chainlink as its official cross-chain infrastructure.
CCIP: Unlocks the highest level of cross-chain security to enable the expansion of Commertize tokenized assets across the multi-chain ecosystem.Data Feeds: Deliver tamper-resistant, highly accurate market prices that are continuously updated and resilient to manipulation. Proof of Reserve: Increases the transparency and reliability of the collateralization of Commertize assets. Link to the announcement.
Liquid Staking & Restaking Liquid staking and restaking enable users to earn rewards while maintaining token ownership for use in DeFi, with Chainlink providing the tamper-proof exchange rates necessary to safely value and utilize these receipt tokens as collateral across the ecosystem.
LidoLido, the leading liquid staking protocol, is leveraging Chainlink for market data to securely support Lido staked assets and as the official cross-chain infrastructure for Wrapped Staked Ether (wstETH).
CCIP: Powers cross-chain transfers of wstETH by leveraging the Cross-Chain Token (CCT) standard.“For stakers, the ability to move assets quickly across the ecosystem is essential for seizing opportunities, rebalancing liquidity, and managing their staked ETH efficiently. By adopting Chainlink CCIP as the official cross-chain standard for wstETH, we’re giving users and builders a standardized, secure way to move wstETH across chains. The Cross-Chain Token standard keeps ownership with the Lido community while adding the programmatic safeguards needed as wstETH scales to more networks.” — Jakov Buratovic, Master of DeFi at Lido.
Lido also expanded direct staking to Linea, a leading Ethereum layer-2, powered by the Chainlink interoperability standard. Via Chainlink CCIP, DeFi users can stake ETH and receive wstETH directly on Linea via a single transaction.
Link to the announcement.
Price Feeds: Enable DeFi protocols across leading blockchains to securely support Lido staked assets, such as Aave.Link to the announcement.
Data Feeds: Provide reliable and tamper-resistant wstETH exchange rates across chains, ensuring users receive fair value when staking through liquidity pools. Link to the announcement.
Solv Protocol Solv Protocol, a BTCFi platform, integrated Chainlink to bring Bitcoin users into the multi-chain DeFi ecosystem.
CCIP: Powers Solv across BNB Chain, Ethereum, and Solana. CCIP also enables native transfers of SolvBTC across chains via the Cross-Chain Token (CCT) standard.Link to the announcement.
Lombard Finance Lombard, a leading provider of Bitcoin Liquid Staking Tokens, integrated Chainlink to scale and secure BTCFi.
CCIP: Facilitates secure cross-chain token transfers of LBTC across Arbitrum, Base, BNB Chain, and Solana. CCIP also enables native token transfers of BTC.b across Avalanche, Ethereum, and Katana.Proof of Reserve: Delivers real-time, decentralized verification of LBTC’s collateralization, ensuring transparency for users. Price Feeds: Provides LBTC access to highly accurate, tamper-proof market data, creating a strong foundation for LBTC’s adoption to scale.“Chainlink’s decision to partner with Lombard speaks to our shared commitment to building institutional-grade infrastructure for Bitcoin’s integration into decentralized finance. We’re leading the way in BTCFi, setting an industry-standard for how Bitcoin is collateralized, staked, and integrated into DeFi. With Chainlink CCIP, Proof of Reserve, and Price Feeds, we will securely scale BTCFi and rebuild decentralized finance atop Bitcoin, unlocking a host of new financial products.” — Jacob Phillips, Co-founder of Lombard
Link to the announcement.
Kelp Following an exploit of their legacy bridge provider, Kelp migrated rsETH to Chainlink to power secure cross-chain transfers and verifiable minting requirements.
CCIP: Unlocks secure cross-chain transfers of rsETH and expands distribution across the multi-chain ecosystemProof of Reserve Secure Mint: Helps ensure that new tokens are only minted when reserves meet or exceed the required backing. Link to the announcement.
AI AgentsOnchain AI agents are autonomous programs capable of holding value and executing complex transactions, empowered by Chainlink's infrastructure that provides them with offchain computation, real-world APIs, and verified data needed to act independently.
x402 x402, is an open internet-native payment protocol that enables AI agents to make onchain payments with stablecoins, partnered with Chainlink to enable AI agents to access and purchase CRE workflows.
CRE: Enables AI agents to directly trigger CRE workflow and allows AI agents to autonomously pay for CRE workflows.“Seeing industry leaders like Chainlink team up with x402 reinforces what we’ve long believed: onchain payments will power the future of AI. We’re excited to see what developers build with CRE and x402, creating new seamless, secure ways to transact onchain.” — Erik Reppel, Coauthor of the x402 Whitepaper
Link to the announcement.
Virtuals Protocol Virtuals Protocol migrated the VIRTUAL token to Chainlink as its exclusive interoperability infrastructure to unlock secure cross-chain payments for AI agents.
CCIP: Secures cross-chain transfers of VIRTUAL, unlocking secure cross-chain payments for its AI agents. Link to the announcement.
ElizaOS ElizaOS is an operating system that enables devs to build, orchestrate, and collaborate with AI agents, and leverages Chainlink to enable secure cross-chain token transfers of its native token.
CCIP: Enables secure transfers of elizaOS across Base, BNB Chain, Ethereum, and Solana, expanding its reach into the multi-chain ecosystem. Link to the announcement.
Aave spustil na iOS early access pro svou spořicí aplikaci s bankovními vklady a stablecoiny. Uživatelé na Androidu a webu zůstávají na čekací listině.
The savings app supports bank and stablecoin deposits; a July proposal described swaps and foreign exchange as additions planned for 2026.
Aave began onboarding early users to its mobile app on iOS on Wednesday, moving its consumer savings product into early access while Android and web users remain on a waitlist.
Aave founder Stani Kulechov said Ghost Passes let users invite friends to skip the waitlist.
The announcement marks a phased opening rather than the software’s first appearance in Apple’s store. The App Store already listed the Aave app and showed a recent version update before Wednesday’s onboarding announcement.
Deposits, Yield and WithdrawalsAave’s current product page describes the mobile product as a savings app and emphasizes depositing, earning and withdrawing. Users can connect bank accounts and debit cards, while its stablecoin wallet supports deposits and withdrawals on Arbitrum.
Deposited funds generate yield through open lending markets. Aave says the assets are supplied to lending pools, where borrowers pay interest that flows back to depositors.
The current product page does not advertise direct borrowing or a user-directed trading feature. In July, Aave Labs described card fees, asset swaps and foreign-exchange products as additions expected to phase in during 2026, saying at the time that the swap and FX capabilities had not been built or cleared for launch.
Stable Vaults support multiple stablecoins and can swap commonly denominated stablecoins for one-to-one redemption. That is part of the vault’s savings infrastructure, rather than evidence of a general-purpose trading feature in the app.
Aave describes the app as self-custodial despite its fintech-style login and recovery features. The app’s terms say its embedded wallet generates and stores private keys locally, while Aave Labs never takes possession of users’ assets or keys. The launch architecture uses smart accounts to abstract wallet setup and gas management from the user.
Access Remains LimitedAave Labs said in July that its iOS waitlist had about 50,000 registered users and that identity checks on the waitlist were then available only to U.S. users. The app’s terms make access subject to local law and prohibit users in sanctioned and other listed restricted jurisdictions. Aave’s Wednesday launch post did not identify the countries included in the early-access cohort.
The app extends Aave Labs’ push into retail distribution after its October 2025 acquisition of Stable Finance, whose team built an iOS app for stablecoin savings. Aave said at the time that Stable’s existing app would be phased out and its technology used in future Aave products.
Stable Vaults now power the savings layer in the Aave App and are also offered to fintechs seeking to embed stablecoin yield. Broader distribution remains the next step: Android and web users were still being routed to the waitlist as of Wednesday.
Chainlink přidal cenové datové feedy pro čtyři tokenizované akcie Coinbase na síti Base: NVDAc, METAc, AAPLc a GOOGLc. DeFi protokoly je mohou používat jako zástavu pro úvěry.
TLDR Chainlink added price feeds for four Coinbase tokenized stocks on Base. The feeds cover NVDAc, METAc, AAPLc, and GOOGLc tokens. Aave, Morpho, and Euler are among the protocols preparing lending markets for these tokens. The tokens are not available to U.S. investors under current offering rules. Chainlink’s feeds track total return value, including dividend reinvestment adjustments. Chainlink introduced price feeds for four Coinbase tokenized stocks on Base this week. The move lets decentralized finance protocols use the tokens as loan collateral. Coinbase issued the assets under the B20 token standard.
The four tokens represent shares in Nvidia, Meta, Apple, and Alphabet. Their tickers are NVDAc, METAc, AAPLc, and GOOGLc. Each token is backed one-to-one by a share held in custody.
Chainlink announced the update on X on August 26. The company said its Data Feeds give lending protocols the data needed to assess the tokens as collateral. This expands their use beyond simple holding and trading.
Chainlink is unlocking real-world utility and distribution for the world's largest tokenized stocks and ETFs.
✅ Coinbase
✅ Robinhood
✅ xStocks
✅ Ondo
Here's how Chainlink is supercharging the adoption of tokenized equities 🧵👇 pic.twitter.com/TOCPm23uo4
— Chainlink (@chainlink) August 26, 2026
Coinbase Onchain SPV Ltd. issues the tokens. The company is based in the Abu Dhabi Global Market. It operates under prospectuses approved by the market’s Financial Services Regulatory Authority.
Alpaca Securities acts as broker and custodian for the underlying shares. Alpaca is registered with the U.S. Securities and Exchange Commission. It also belongs to FINRA and SIPC.
How the Price Feeds Work Each Chainlink feed reports the total return value of a B20 token. This combines the stock’s market price with a multiplier from Coinbase’s onchain oracle registry.
The multiplier accounts for dividends. Coinbase’s prospectuses state dividends are usually reinvested into more shares after fees and taxes. This changes how much equity each token represents over time.
Chainlink advises developers to check each token’s contract address. Ticker symbols alone can be copied by unrelated projects. Verifying the address helps avoid confusion between similar-looking assets.
The feeds run around the clock, Monday through Friday. They blend data from regular trading hours, extended hours, and overnight markets. Coverage is strongest during standard U.S. market hours.
Data quality drops during overnight sessions due to fewer providers. On weekends, when equity markets are shut, the reported value may not change. Chainlink uses smoothing to reduce short price spikes during session transitions.
Lending Access and Restrictions Base-based platforms including Aave, Morpho, and Euler are preparing or offering lending markets for the tokens. Aerodrome supports liquidity for the tokenized stocks. 0x, 1inch, KyberSwap, and CoW Swap provide trading tools.
Not every protocol will list every token right away. Each platform decides independently which markets to activate. Availability can vary by asset and by service.
The tokens remain off-limits to U.S. investors. Coinbase issues them under Regulation S, which applies to offerings made outside the United States. The securities are not registered with the SEC or state regulators.
Verified holders can redeem tokens for the underlying stock, U.S. dollars, or USDC. Coinbase charges a 0.05% redemption fee for this process. The company may also run identity and sanctions checks before approving a redemption.
Holders who obtain tokens through DeFi without finishing Coinbase’s compliance steps are considered unvested. Unvested holders cannot redeem their tokens for shares or cash. They also cannot submit voting instructions tied to the underlying stock.
EtherFi Cash was V4’s second-largest market at $257 million, while Aave V3 retained a much larger $31 billion deposit base.
Aave’s live onchain dashboard listed V4 user deposits at $806 million. Deposits jumped by 30% over seven days and reached a new all-time high above $800 million.
The latest reading extends a steep August climb. Aave announced that V4 deposits crossed $500 million on Aug. 19 and $600 million on Aug. 21, before moving above $800 million six days later. A separate announcement said Ethereum V4 deposits alone crossed $500 million on Aug. 25. EtherFi Cash accounted for V4’s second-largest current market.
The market is supporting borrowing as well as deposits. V4 had $216 million in active loans on the dashboard. Aave separately measured $62 million of active loans in the EtherFi market, where weETH collateral backed WETH borrowing at 92% utilization.
The current market mix includes V4 deployments on Ethereum, Optimism and Avalanche. Ethereum Core held $378 million, followed by EtherFi Cash on Optimism at $257 million, Ethereum Global Dollar at $75 million and Ethereum Prime at $63 million. Avalanche Core and Ethereum Plus accounted for another $18 million and $15 million, respectively.
The deposit mix was led by weETH at $97 million and USDG at $90 million. WETH and USDC each accounted for $81 million, followed by liquidETH at $77 million, liquidUSD at $58 million and WBTC at $54 million.
V3 Retains a Far Larger BaseAave’s equivalent V3 dashboard showed $31 billion in user deposits, far above V4’s $806 million. Ethereum Core alone held $25 billion on V3.
The versions organize liquidity differently. Aave’s documentation says V4 replaces V3’s market-per-pool design with a hub-and-spoke system: hubs consolidate liquidity and accounting, while spokes apply separate borrowing rules and risk limits to particular markets.
On Aug. 27, TokenLogic said the EtherFi Cash market had been live for two weeks and was moving toward a $500 million lending-capacity target.
Arch Lending začal přijímat PAXG a XAUT jako zástavu pro půjčky až do 75% LTV. Tokenizované zlato se tak čím dál víc používá jako produktivní kolaterál v DeFi.
Tokenized gold has moved deeper into crypto lending after Aave’s XAUT-backed debt reached a $25 million ceiling and Arch Lending added loans against the two largest gold tokens.
Summary
Aave’s $25 million XAUT debt ceiling was fully used before additional capacity filled within 24 hours. Arch’s Himanshu Sahay said investors increasingly want to use tokenized gold instead of passively holding it. Arch now accepts PAXG and XAUT as collateral for loans at up to 75% LTV. Borrowers retain their gold exposure but face interest, liquidation, custody, and issuer risks. Arch co-founder and chief technology officer Himanshu Sahay told crypto.news that demand for tokenized gold loans shows holders are beginning to treat the assets as usable parts of the digital financial system, rather than only as a way to track bullion prices.
“The most interesting thing about the demand we’re seeing around tokenized gold is that people aren’t just treating these assets as a way to get exposure to the price of gold. They’re increasingly looking at them as something that can be put to work within the broader crypto financial system.”
Demand recorded on Aave provides one example. In late January, the decentralized lending protocol’s XAUT market reached its $25 million debt ceiling, according to a Chaos Labs assessment.
Chaos Labs recommended raising the ceiling to $30 million after finding demand to use XAUT as collateral for stablecoin borrowing. Within days, the risk manager reported that the added capacity had filled in less than 24 hours and proposed staged increases to $36 million, $43 million, and eventually $50 million.
Aave demand has tested tokenized gold lending capacity Although the Aave activity showed that investors were willing to borrow against tokenized bullion, Chaos Labs found that the market was highly concentrated. Its February assessment said the largest position accounted for more than 75% of all debt secured by XAUT.
The same report described the users’ health factors as moderately safe and cited XAUT’s liquidity and relatively conservative volatility when assessing liquidation risk. Aave listed XAUT in isolation mode, preventing holders from using the asset to borrow more volatile tokens.
Initial parameters allowed users to borrow up to 70% of their XAUT collateral’s value, while liquidation could begin at 75%. The arrangement treated XAUT as collateral only, meaning users could supply it to support debt but could not borrow the gold token itself.
Sahay described the January activity as more meaningful than a one-time jump because the extra capacity was also used quickly. According to him, the demand indicates that “the collateral itself is becoming useful.”
Current balances require a separate reading from the January episode. Aave’s Ethereum v3 reserve page recently showed about $70 million of XAUT supplied but no XAUT-backed debt, according to figures provided by Sahay. He said the earlier borrowing should therefore be treated as historical evidence of willingness to use the asset, rather than a description of Aave’s present debt balance.
Recent activity has also extended beyond lending. An August CoinShares report found that real-world asset deposits had tripled to $7.4 billion even as DeFi activity declined, with XAUT and PAXG producing much of the measured spot activity. As reported earlier this month, traders used the two tokens to change their gold exposure as bullion prices moved.
Tokenized gold lets holders borrow without selling For investors who still want exposure to gold, Sahay said borrowing and selling meet different financial needs. A sale closes the position, while a collateralized loan supplies cash or stablecoins without requiring the investor to give up the asset immediately.
“If an investor sells their gold exposure, they have exited the position,” Sahay said. “Borrowing allows them to access liquidity while retaining exposure to the underlying asset.”
Tokenization reduces some practical barriers because the collateral already exists on a blockchain. Holders do not have to transport physical bullion into a lending arrangement or arrange separate storage before seeking a loan.
PAXG and XAUT each represent a claim linked to physical gold, although their legal and operational structures differ. Paxos says one PAXG represents one fine troy ounce of London Good Delivery gold held in professional vaults. Tether says one XAUT represents one fine troy ounce of gold held in Switzerland.
On Aug. 28, Tether’s website placed XAUT’s market capitalization at approximately $3.27 billion, while CoinGecko valued PAXG at about $1.93 billion. The figures give the two products a combined market value of approximately $5.2 billion.
Tokenized gold previously reached another milestone in March when Tether deployed XAUT on BNB Chain. The BNB Chain expansion gave the token another settlement network alongside its existing infrastructure, while each unit remained tied to an ounce of physical bullion.
Sahay cautioned that digital access does not remove the dangers created by debt. In his view, a lending service still needs suitable LTV limits, custody arrangements, and risk controls because collateral can be liquidated when its value no longer supports the outstanding loan.
“The fact that an asset can be used as collateral doesn’t mean it should be leveraged aggressively,” he said.
Gold and Bitcoin serve different collateral needs Rather than presenting tokenized gold as a replacement for Bitcoin, Sahay said the assets offer different characteristics to borrowers and lenders.
Bitcoin has more established liquidity across crypto markets and plays a central role as a native digital asset. Gold, however, has a much longer record as a store of value and has historically experienced less price volatility than Bitcoin, according to Sahay.
Gold-backed tokens may therefore appeal to investors who want on-chain borrowing without taking the same level of directional exposure associated with Bitcoin. The blockchain token still introduces risks tied to its issuer, custodian, smart contract, and redemption terms, even when the underlying bullion moves less sharply than BTC.
“I don’t think tokenized gold replaces Bitcoin as collateral. I think it expands the range of assets that can support crypto-native liquidity.”
His comments follow a previous interview in which he identified qualified custody, zero rehypothecation and clear collateral rules as safeguards for digital-asset loans. The custody discussion also covered margin calls and liquidations, which can force a sale when borrowers fail to add collateral or reduce their debt.
Arch has added PAXG and XAUT-backed loans Within that developing market, Arch Lending has started accepting PAXG and XAUT as collateral at up to 75% LTV, according to information supplied by the company. Anchorage Digital will hold the pledged tokens.
Arch says it does not rehypothecate borrower collateral, meaning the assets are not lent to another party to produce revenue. Its website states that Anchorage holds collateral in segregated wallets and that Arch uses partial liquidations intended to sell only the amount required to restore a loan’s health.
The company’s public website has not yet added PAXG and XAUT to its displayed list of supported assets, which still names BTC, ETH and SOL and shows an LTV of up to 60% for existing loans. The 75% limit and support for both gold tokens therefore come from the company’s new product information.
Competitors already offer parts of the same service. Nexo says eligible customers can borrow against PAXG or XAUT, subject to location and account requirements, while YouHodler and CoinRabbit advertise PAXG-backed products. Ledn announced XAUT-backed lending in June but said the service would become available later in 2026.
US borrowers face tax, access and liquidation questions For US investors, borrowing against an appreciated digital asset generally differs from selling it because the Internal Revenue Service treats a sale or other disposal as an event that requires the owner to calculate a capital gain or loss. A loan does not involve the same immediate disposal, although a lender’s sale of collateral may create tax consequences.
Individual circumstances, loan structures and liquidation events can affect reporting, and the IRS advises digital-asset owners to keep transaction records and consult a qualified tax professional when necessary.
Arch operates legally as ChainFi Inc. and provides loans to US borrowers under NMLS number 2637200. Its disclosures state that product availability and interest rates vary by jurisdiction, loan type, and principal amount.
According to the company’s current state restrictions, loans are unavailable to individual residents of California, Delaware, Hawaii, Maryland, Mississippi, Montana, Nevada, North Dakota, Rhode Island, South Carolina, and Vermont. Arch also requires borrowers to complete identity checks before transferring collateral and receiving USD or USDC.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Upbit, South Korea’s largest cryptocurrency exchange, will end trading support for Synthetix (SNX) at 3:00 p.m. local time on September 28, according to an official notice published on August 28. The decision removes the SNX/BTC trading pair from the platform and converts a weeks-old caution into a firm delisting date, giving holders a clear timeline for moving their assets off the exchange. Upbit, which dominates Korean won-denominated crypto trading, has stepped up delisting activity this year as local regulators push exchanges to tighten their listing standards.
A Delisting Weeks in the Making Upbit added SNX to its warning list on August 7, a step the exchange uses to flag assets facing possible removal, a move BlockchainReporter reported when the review first took effect. The new notice closes that review with a hard cutoff. Upbit said the token carries unresolved issues around supply-plan changes, business authenticity, sustainability and project progress that could ultimately harm users, presenting those concerns as the reason for pulling support rather than reinstating the asset. No appeal or remediation path was outlined in the announcement.
Why Upbit Is Pulling the Pair Upbit did not point to a single technical failure. Instead, the notice frames the delisting around fundamentals that have shifted since the token’s original listing, including how its supply plans may change and whether the underlying business remains sustainable. The exchange has followed a similar path before, moving tokens with unresolved security or governance questions onto caution lists ahead of removal, a pattern BlockchainReporter has tracked as South Korean platforms tighten their listing standards. Synthetix, a decentralized derivatives liquidity protocol, has faced broader questions about its token economics as its ecosystem has evolved.
What SNX Holders Need to Know Withdrawals remain open for 30 days after the September 28 cutoff, keeping the window available until October 28. After that point the exchange may no longer support the asset, and Upbit has not announced any migration or replacement listing. SNX continues to trade on other venues, so holders who prefer self-custody or another platform should move their balances before the deadline to avoid losing access to their tokens. The exchange advised users to complete any outstanding trades on the pair before the September 28 halt takes effect.
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DTCC zařadila 21Shares Polkadot Staking ETF pod tickerem TDOT, čímž potvrdila jeho místo v americkém ETF ekosystému. Fond drží $DOT a 40 % až 95 % aktiv stakuje s výnosem 2,04 %.
21Shares' Polkadot Staking ETF has been listed by the Depository Trust and Clearing Corporation (DTCC) under the ticker TDOT, a step that formalises the product's place in the US exchange-traded fund ecosystem.
Rebrand Reflects Staking Strategy The DTCC listing coincides with a name change for the fund. The updated name reflects the fund's core strategy: TDOT holds $DOT and stakes between 40% and 95% of its holdings through network validators, currently generating a staking yield of 2.04%. The management fee remains 0.30%.
Background on TDOT That made it the first US spot Polkadot ETF when it began trading in March 2026.
With the rebrand complete and the DTCC listing confirmed, the question for TDOT is whether the staking-forward positioning can rebuild assets toward and beyond its $11 million seed level.
Sources
Crypto Briefing: DTCC lists 21Shares Polkadot Staking ETF shares under ticker TDOT
Nasdaq: 21Shares Launches Polkadot ETF (TDOT) in the United States
The Block: First spot Polkadot ETF launches in US issued by 21Shares
Polkadot has a curious problem right now: the network is stacking up positive ecosystem developments while the Polkadot price is doing almost the opposite. Chainspect’s Nakamoto Coefficient data places Polkadot at the top of the listed networks, ahead of TON and Avalanche, suggesting a comparatively strong decentralization profile.
Yet DOT is slipping under its 50-day EMA while macro pressure and a fresh ecosystem setback complicate the bullish story for Polkadot price.
Polkadot Leads While DOT Price StrugglesThe Nakamoto Coefficient measures the minimum number of independent entities needed to control enough consensus power to disrupt a blockchain.Chainspect groups entities controlled by the same organization or individual together and only counts active participants.
A higher coefficient indicates greater resistance to coordinated manipulation. On that measure, Polkadot currently leads in the list.
There’s also plenty happening inside the ecosystem. On August 26, the DOT DAO backed Wish for Change 1926, supporting a proposal to burn 100% of DOT received from potential future JAMKB sales rather than sending it to the treasury. Importantly, the referendum itself does not implement the mechanism, and JAMKB remains a proposal awaiting future implementation.
Staking And ETF News Add More SupportThe numbers around staking are harder to ignore and are much impressive. More than 900 million DOT has now been staked, bringing the network closer to the 1 billion milestone, with rewards offered at an average rate of 2.8%.
Meanwhile, the 21Shares Polkadot Staking ETF was listed by DTCC under ticker TDOT on August 27 after being renamed from the 21Shares Polkadot ETF. The fund holds DOT and stakes between 40% and 95% through network validators, with a current staking yield of 2.04% and a 0.30% fee. So far, that’s a fairly decent pile of positives in the last couple of days.
Kraken Delisting Adds An Awkward CounterpointThen today came the less comfortable headline. Kraken is scheduled to delist Hydration’s HDX, with trading and deposits ending September 11 and withdrawal continuing until December 10. Hydration disputes the decision, arguing that HDX doesn’t meet Kraken’s criteria and that liquidity is improving rather than deteriorating.
That matters because Hydration is described as Polkadot’s biggest DeFi platform. The protocol has appealed and is seeking discussions with Kraken, while the market data shows HDX at a 3.5-year record level and ranking fourth among Kraken’s 21 scheduled delistings by 30-day volume.
DOT Price Has Macro Pressure TooDespite the ecosystem developments, the Polkadot price has weakened after reaching $1.02 on August 22. At $0.8424, DOT price has slipped below its 50-day EMA, leaving $0.71 as the next important support if selling continues.
That’s where the contradiction gets interesting. Polkadot can lead the Nakamoto Coefficient rankings, approach 1 billion staked tokens and gain ETF exposure, yet DOT can still bleed when broader macro conditions turn hostile.
For now, the Polkadot price needs demand to return, while the network needs continued ecosystem progress without more negative headlines. Decentralization is strength, but the market still wants proof that strength can translate into price.
Story Ends Here
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Hedera denně zpracuje zhruba 371 000 transakcí a má asi 4 000 aktivních uživatelů, i když TVL klesla na zhruba 23,3 milionu USD. Síť dál táhnou podnikové využití a pilotní projekty tokenizace.
Transaction Volume Holds Steady as TVL Slides@Hedera's on-chain metrics paint a more nuanced picture than its total value locked (TVL) figure alone would suggest. While TVL has fallen to around $23.3 million, largely reflecting the aftermath of a $9 million oracle exploit on lending protocol Bonzo Lend in July 2026 that wiped nearly 40% of network TVL in a single day, the underlying transaction activity has remained consistent. According to CoinDesk, Hedera's TVL now sits at around $25.7 million, a figure that dropped nearly 40% in the 24 hours following the exploit.
Against that backdrop, the network currently processes roughly 371,000 transactions per day, served by approximately 4,000 active daily users. Daily fees sit at around $556, a modest but meaningful signal of sustained on-chain activity. The throughput is well matched to Hedera's core proposition: rapid, low-cost settlement for enterprise and distributed ledger technology (DLT) applications.
Enterprise Adoption Underpins the ActivityThe transaction data reflects a network that is genuinely being used, rather than one inflated by speculative activity. Account creation is broad, but daily engagement is narrow, a pattern typical of networks with strong institutional and enterprise usage but weaker retail participation. That dynamic is by design. Hedera targets regulated, high-volume enterprise workflows rather than retail DeFi, and the numbers reflect that focus.
In enterprise settings, Hedera has been piloted for supply chain tracking solutions, offering settlement speeds that can be measured in seconds. The network's governing council, which includes Google, IBM, Boeing, FedEx, Deutsche Telekom, and McLaren Racing, each operating a network validator node, lends institutional credibility that is difficult for many competitors to match.
That credibility has attracted real-world deployments. Hedera has been involved in Project Acacia, the Reserve Bank of Australia's digital money pilot, with the network approaching 72 billion cumulative transactions. More recently, Lloyds Banking Group, Aberdeen Investments, and Archax completed the UK's first FX transaction using tokenized real-world assets as collateral on the Hedera network.
The consistent hundreds of thousands of daily transactions, spanning enterprise settlements, tokenization pilots, and DLT applications, signal that Hedera's usage story remains intact even as its DeFi TVL contracts. For a network built around enterprise throughput rather than speculative liquidity, that distinction matters.
Na Base je v akciových tokenech vydaných Coinbase uloženo 960 300 USD, z toho Uniswap drží 943 200 USD, tedy asi 98,2 % všech vkladů. Zbytek je rozdělen mezi ostatní DeFi protokoly.
DeFi venues on Base currently hold $960,300 worth of Coinbase-issued stock tokens. Uniswap accounts for $943,200 of that figure, commanding roughly 98.2% of all deposits.
What Coinbase built and who showed up Coinbase launched its B20-standard tokenized US stocks on the Base network, enabling fractional ownership of shares in companies like Apple (AAPLc), Nvidia (NVDAc), Meta (METAc), and Alphabet (GOOGLc). The tokens are available to eligible non-US users and can be traded around the clock, untethered from the opening and closing bells of traditional stock exchanges.
Each token is backed 1:1 by real underlying shares held by broker-custodian Alpaca within a bankruptcy-remote structure regulated by the Abu Dhabi Global Market.
The B20 token standard itself is a Base-native extension of the widely used ERC-20 standard, with added functionality for onchain management of corporate actions like dividends and stock splits.
At launch, DeFi integrations included liquidity on both Aerodrome and Uniswap, along with lending on Aave, Morpho, and Euler. Day-one metrics were respectable: approximately $4.5M minted, $3M in DEX liquidity, and 24-hour trading volume of $10.8M.
Why Uniswap ate everyone else’s lunch The current deposit numbers paint a lopsided picture. Of the roughly $960,300 sitting across DeFi venues on Base, Uniswap holds $943,200. That leaves just $17,100 spread across every other protocol combined.
Aerodrome, despite being one of the named launch partners, appears to have captured only a sliver of deposits so far. The lending protocols, Aave, Morpho, and Euler, serve a different function entirely, facilitating borrowing and collateralization rather than spot trading liquidity.
The bigger picture for tokenized equities What makes Coinbase’s approach different is the regulatory and custodial scaffolding. The 1:1 backing by real shares, the bankruptcy-remote holding structure, and regulation through the Abu Dhabi Global Market all signal an effort to build something that institutional and retail users outside the US can take seriously.
The restriction to non-US users is notable but expected. US securities law makes offering tokenized stocks to American investors a regulatory minefield that even Coinbase, with its extensive legal infrastructure, isn’t willing to navigate yet.
What to watch from here The $960,300 in total DeFi deposits is modest by any standard, especially compared to the $4.5M minted at launch and the $10.8M in first-day trading volume. That gap suggests a significant portion of minted tokens are sitting in wallets rather than being deployed into DeFi protocols.
Aerodrome, as Base’s native DEX with its gauge-based emissions system, has the tools to redirect liquidity incentives toward stock token pools.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ethena Foundation odkoupila uzamčené ENA od raných investorů, kteří prodávali po říjnovém vrcholu 2025, a tím předčasně ukončila budoucí měsíční odemykání. ENA po zprávě vzrostla o 11 % za 24 hodin.
Ethena (ENA) jumped 11% after its Foundation bought out seed investors who sold after the October 2025 peak. The move capped a near-100% monthly rally as an ENA buyback vote went live.
The token has carried the same weight since launch, with early investor tokens unlocking every month. That supply drip just ended.
Ethena (ENA) Price Performance in August. Source: TradingViewEthena Buys Out Investors Who Sold After the PeakThe Ethena Foundation announced the deal Thursday, indicating that they spent the past two weeks buying locked tokens directly from early backers. Each was originally allocated more than 0.25% of ENA supply.
We are excited to announce four updates regarding the Ethena ecosystem, further details on each point are provided in the blog linked below:
1. Buyout of early investors:
The Ethena Foundation executed a buyout of all locked tokens from certain major seed investors that sold any…
— Ethena Foundation (@EthenaFndtn) August 27, 2026 The Foundation split those backers into two groups:
Investors who sold any ENA after the October 10, 2025, peak had their locked tokens bought out. Only one wallet said no.
Investors who never sold got a full-price offer. None accepted.
“As a result, the investors who have been selling into the market during the relevant time frame now hold no unvested ENA which could be sold into the market in the future,” the Foundation wrote in its blog.
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The rest of the investor calendar now ends early. All remaining investor tokens unlock on October 5, 2026, and the monthly calendar disappears. Team tokens stay locked on their original schedules. Roughly 12% of supply stays locked, all of it team, ecosystem, and Foundation holdings.
The pressure this fixes was real. Ethena released 171.88 million tokens in early August alone. BitMEX co-founder Arthur Hayes bought 9.05 million ENA days before that release.
One large holder sits outside the deal. StablecoinX, an ENA treasury company, still holds about 20% of supply under a separate lockup disclosed in SEC filings.
ENA Buyback Vote Ties the Fee Switch to USDe GrowthThe fee switch is the second piece. A Snapshot governance vote, open through September 2, would send protocol revenue into ENA purchases. Ethena’s Risk Committee has already approved the design.
There is a catch. Buybacks only start once USDe circulating supply reaches $7.5 billion. At that level, 5% of protocol revenue buys ENA. The share scales up to 20% if supply reaches $20 billion.
USDe sits near $4.6 billion today, down from a 2025 peak of about $15 billion. So the switch stays off until supply climbs roughly $3 billion. The Foundation says it wants USDe above $100 billion within five years.
Once that first threshold hits, 95% of net revenue paid to the Foundation funds the purchases. Each buy will be tracked on Ethena’s public dashboard.
The playbook has precedent. Uniswap’s fee switch proposal sent UNI to a two-month high last November.
Ethena also addressed a second old doubt. A Master Framework Agreement, due in October, hands protocol intellectual property and residual value to tokenholders. Ethena Labs equity investors get neither. The Foundation says Labs equity has never taken a dollar of protocol revenue.
Will the ENA Rally Hold?ENA trades near $0.155 after gaining 11% in 24 hours. The token is up 56.5% in a week and 84.6% over the past 30 days. Its market cap stands near $1.52 billion.
ENA Price Performance. Source: BeInCryptoThe bull case is simple. The sellers are gone, the unlock calendar dies in October, and a buyback pipeline is on the ballot. The bear case is just as clean. Buybacks stay off until USDe nearly doubles, and StablecoinX’s 20% stake sits outside the deal.
The Snapshot vote still needs quorum. From there, the signal to watch is USDe supply. Every dollar it climbs brings the ENA buyback switch closer.
Two entities from the crypto ecosystem, DefiLlama and the Web3 investment bank Forgd launch Universal Token Ratings, recently developed a ranking aimed at evaluating 128 tokens based on their market functioning and transparency. Uniswap is the only project to obtain the AAA rating, while 25 other cryptos received an AA. This system relies on the terminology of classical rating agencies but does not measure default risk. It mainly interprets liquidity, volumes, token unlocks, and the quality of information published by various projects.
In brief Universal Token Ratings covers 128 tokens with ratings ranging from AAA to CCC. Uniswap ranks first with 60.8 points out of 100. The rating combines a transparency score and a market performance score. The ranking does not evaluate either the upside potential or the default risk of the token. Uniswap obtains the only AAA rating in the ranking While the crypto market picks up, DefiLlama in collaboration with Forgd announced on August 26 the launch of Universal Token Ratings or UTR. The dashboard assigns each token a numeric score out of 100, followed by a rating between AAA and CCC.
At launch, a total of 128 tokens were evaluated. The top spot was taken by Uniswap with an AAA rating and a score of 60.8 points. Moreover, the project received 7.87 out of 10 for its public information and 7.72 for its market performance.
UTR Top ten protocols, Source: DefiLlama The Meteora protocol came in second place. It totaled 59.87 points, just below the AAA category. The top ten included the projects Curve DAO, Raydium, o1exchange, ether.fi, Jito, Dogecoin, Zama, and Pyth Network with an AA rating.
Cryptos that received an AA rating also included Solana, Zcash, Aave, Optimism, Avalanche, zk, Optimism, Avalanche, Sync, and Arbitrum. Tokens such as Worldcoin, Pendle, Ondo, Polygon, NEAR, and Hyperliquid were in the A category. Injective, Filecoin, and Celestia received a BB according to the ranking, while Sui received a BBB.
Dogecoin, Solana, and Zcash are also present in this ranking. This presence reveals that the scope is not limited exclusively to DeFi protocol tokens. The dashboard also covers various areas, including blockchain infrastructures, memecoins, decentralized exchange platforms, staking, real-world assets, as well as artificial intelligence.
The ratings evolve as the data changes. The work presented by DefiLlama and Forgd is thus evolving, as the entities do not wish to produce a definitive evaluation. According to their official presentation, a protocol can lose points as soon as its liquidity deteriorates, if its price spreads increase, or if a token unlock does not match the disclosed schedule.
The rating multiplies transparency and market performance Two axes individually rated out of 10 allow Universal Token Ratings to create this ranking. The first, called the Disclosure Axis, serves to measure the quality, completeness, and updating of information disseminated by the project.
This part specifically examines the identity of the main actors, team organization, legal structures, cash flow statements, as well as financial flows. It also considers token release schedules, token distribution, multisignatures, audits, relations with exchanges or market makers.
As for the second axis, known as the Performance Axis, it allows verification of the actual market functioning. Moreover, it also takes care of analyzing volumes, liquidity depth, various spreads between buying and selling prices, as well as the number of available exchange platforms and compliance with conditions on derivative products.
Many other data concern the ratio between valuation and fully diluted market capitalization, token unlocks, token buybacks, and compliance with various commitments made by market managers. Forgd highlights that its infrastructure monitors more than 500 protocols and 35 liquidity provisioning companies. The final rating assigned does not correspond to an average. However, it is obtained by multiplying the two axes.
For example, the determination of Uniswap’s rating allows verification of this formula. Thus, when multiplying its transparency score, 7.87, by its performance score 7.72, one obtains 60.76 points. This result is then rounded to about 60.8 out of 100.
Such a calculation methodology requires a balance between the two axes. A protocol that scores 9 out of 10 in performance but only 3 in transparency ends with 27 points. The lack of information on the team, treasury, or distribution schedule cannot therefore be compensated for by significant liquidity.
The converse is also true. The score of 9 can be achieved by a project following the publication of detailed information on the first axis. However, if its market only receives 3 considering low depth or high spreads, its final rating remains limited to 27.
Controllable on-chain events are inserted without a protocol having to send a new file. An unexpected token unlock as well as a new listing can then change the result. Many other market parameters nevertheless rely on averages determined over the previous 30 days. A progressive update therefore does not mean that each price or volume change directly induces a new rating.
An AAA rating that measures neither yield nor default risk DefiLlama and Forgd compare their system to the evaluations used for decades by rating agencies like Moody’s, Fitch, and S&P. Thus, the choice of letters consolidates this visual proximity. However, the meaning of ratings remains very different.
At the heart of traditional finance, the AAA rating illustrates a highly elevated capacity to meet financial commitments. Agencies determine the solvency of an issuer or the risk of non-repayment of a bond, as noted by the definition from S&P Global Ratings.
A token is not necessarily a debt. It does not necessarily guarantee repayment. The AAA rating of Uniswap does not therefore mean that UNI has the same risk profile as a AAA-rated bond. It simply means that the crypto obtains the same result according to UTR’s specific criteria.
Thus, the score does not evaluate the complete security of the protocol either. Conducting an audit is part of the information examined; however, it does not promise the absence of vulnerabilities in a smart contract. All regulatory risks, governance, actual concentration of power, or the ability of a protocol to progressively generate revenue are also not covered by this ranking.
The final rating is furthermore neither a price target nor a purchase recommendation. A well-ranked crypto can see its value decrease when the market undergoes a correction or if initial capitalization is excessive. Conversely, a lower-rated token can experience speculative gain despite limited transparency.
The interest of the new ranking may now depend on its ability to detect deteriorations before they are visible on prices. Rating changes, arguments provided during these revisions, and the extension of the number of tokens will help determine whether UTR becomes an excellent market risk indicator or remains primarily a comparative tool.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
Uniswap zaznamenal týdenní objem obchodování tokenizovaných akcií ve výši 325,2 milionu USD, z toho 170 milionů na v4 a 155,2 milionu na v3. Tokenizované akcie na DEX už letos tvoří přes 4 % spotového objemu.
Tokenized stocks on decentralized exchanges have gone from a curiosity to a genuine market segment surprisingly fast. Uniswap just posted a $325.2 million weekly trading volume increase in tokenized equities, split between its v4 protocol at $170 million and v3 at $155.2 million.
A year ago, tokenized stocks accounted for roughly 0.1% of total DEX spot trading volume. That figure has since climbed above 4% year-to-date, representing billions in cumulative DEX volume across the sector.
The numbers behind the surge Daily tokenized stock trading volumes across DEX platforms exceeded $565 million at their peak in late June 2026. Quarterly volumes for Q3 2026 reached $7.8 billion for tokenized stocks across DEX platforms, with Uniswap v4 and PancakeSwap v3 together accounting for roughly $5.2 billion of that figure.
Uniswap’s v4 architecture introduced permissioned pools and customizable operational modes specifically designed to handle regulated assets. Permissioned pools let issuers and liquidity providers set access rules, so only verified participants can interact with specific pools.
Robinhood Chain and the platform dynamic A meaningful chunk of this activity runs through Robinhood Chain, the blockchain infrastructure launched in July 2026. Uniswap has captured approximately 73% of tokenized stock pools on that chain. Cumulative tokenized stock volume on Robinhood Chain crossed $1 billion by mid-August 2026, with a 90-day volume of $638.5 million supporting that milestone. Traders on the chain can access tokenized versions of widely held names including NVIDIA, Tesla, and Apple, as well as major ETFs, all without being constrained by traditional market hours.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Likvidita Uniswap na Robinhood chain od začátku měsíce vzrostla asi o 87 % na zhruba 127 milionů USD. UNI mezitím za 24 hodin posílil o 11 % a obchodoval se za 4,882 USD.
Uniswap’s Robinhood Chain deployment is moving beyond its early launch phase. This comes as liquidity continues to build rather than fading after initial inflows. The chain’s TVL remained low throughout June. However, it accelerated rapidly during July’s mainnet launch, pushing its TVL past $80 million.
The increase in TVL was not short-lived. Instead, it increased further, reaching just above $100 million before reaching roughly $127 million. That represents an approximate 87% gain in TVL since the beginning of the month and nearly a 55% gain in TVL in a single week.
Source: Token terminal This matters because deeper pools allow traders to execute larger transactions with less price impact, making Uniswap [UNI] more practical for active trading.
Meanwhile, the Robinhood chain currently hosts over $700 million worth of DeFi assets. And therefore gives Uniswap access to a growing base of capital.
If the trend of increasing TVL continues, more trading will continue to occur within Uniswap’s pools rather than fleeing the ecosystem.
Uniswap stock-token volume hits record high The increased liquidity now translates to real trading activity as daily volumes of $130 million have been recorded for stock tokens traded through Robinhood Chain.
The activity level has grown approximately ten times higher than it was just last month. So far this growth trend is continuing and shows users are actively utilizing the platform more frequently rather than simply holding their funds.
Additionally, it will likely attract new liquidity providers, which will be beneficial to the overall functionality and user experience of the system.
Source: Token Terminal According to Token Terminal data, nearly 50% is being generated from Uniswap V3, while the other half comes from Uniswap V4. This distribution shows traders can find usable liquidity in both versions.
Therefore, this creates opportunities for a broader range of participants within the protocol.
If that balance holds, Robinhood Chain could support larger stock-token markets without depending on a single Uniswap deployment alone.
Uniswap is now testing whether stronger ecosystem activity can translate into a broader market breakout. After bouncing back up to $4.60 after falling to $3.20, UNI was able to reverse the sharp sell-off, which was caused by the initial rejection.
That recovery matters because it indicated that the sellers were sold to the original levels that originally halted the price run-up during the first week of August. At press time, UNI traded at $4.882, up 11% in 24 hours.
Source: TradingView Meanwhile, RSI at 68.14 shows buyers remain in control without reaching previous momentum extremes. This leaves room for further upside if participation continues. A close above $5.00 will be confirmation that UNI has broken out of its four-month trading range.
However, a rejection above $4.60 and a loss of $4.60 in support will indicate that the new breakout is not sustainable. Therefore, it may retrace towards the support zone of $4.00.
Final Summary Uniswap reached record liquidity and stock-token volume on Robinhood Chain. UNI’s breakout now faces its next test at $5 as $4.60 acts as support.
Uniswap za šest týdnů zpracoval na Robinhood Chain asi 1,5 miliardy USD v tokenizovaných akciích. Na této síti drží zhruba 99 % likvidity tokenizovaných akcií.
Uniswap has processed approximately $1.5 billion in stock token trades on Robinhood Chain in just six weeks, a milestone that would have sounded like science fiction two years ago.
The volume has been accelerating, too. Cumulative trading crossed the $1 billion mark by mid-August 2026, then kept climbing. On August 29, Uniswap hit a single-day peak of $130 million in stock token volume on the chain.
How tokenized stocks landed on a DEX Robinhood Chain launched its public mainnet on July 1, 2026, built as a Layer-2 using Arbitrum’s technology. The chain runs with roughly 100-millisecond block times.
The core product is Robinhood Stock Tokens: ERC-20 tokenized debt securities that give holders economic exposure to major US equities and ETFs. They’re structured as debt securities, meaning they carry a legal claim to the economic performance of the underlying stock.
There are now over 190 of these tokens available, covering AAPL, NVDA, GOOG, and the rest of the big-cap roster. The tokens trade 24/7.
Uniswap was integrated at launch with its full protocol suite, including versions 2, 3, 4, and UniswapX. Uniswap controls around 99% of the tokenized stock DEX liquidity on Robinhood Chain.
The 60% number that explains everything Approximately 60% of stock token trading activity on Uniswap occurs outside traditional US market hours. More than half the demand for trading tokenized US equities comes from times when the New York Stock Exchange is closed.
Traditional stock markets operate roughly 6.5 hours a day, five days a week. That’s about 27% of the hours in a work week, and less than 20% of total hours. Robinhood Stock Tokens eliminate that constraint entirely.
Why Uniswap’s monopoly matters Uniswap controls 99% of DEX liquidity on Robinhood Chain. The tight integration between Uniswap and Robinhood Chain at launch created a first-mover advantage. When you’re the only venue with deep order books across 190 tokens, traders don’t have much reason to look elsewhere.
The broader competitive landscape for tokenized real-world assets includes projects like Ondo Finance and Securitize, which have been building tokenized securities infrastructure, but none have paired a household-brand brokerage name with a dominant DeFi protocol on a dedicated chain.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
UNDP a DFINITY spouštějí pilot suverénní AI na blockchainu $ICP jako decentralizovanou alternativu k zahraničním cloudům pro vlády. Do 30 dnů vyberou pět zemí z Latinské Ameriky, Afriky a Asie.
A Decentralized Alternative to Foreign Cloud ProvidersThe United Nations Development Programme (UNDP) and the @DFINITY Foundation are joining forces to launch a sovereign AI pilot program designed to give government agencies a decentralized alternative to foreign cloud infrastructure. The initiative will run on the $ICP blockchain, allowing nations to deploy AI-powered public services while keeping citizens' data within their own jurisdictions rather than routing it through U.S.-based hyperscale cloud providers.
The move builds on an existing relationship between UNDP and DFINITY. The United Nations Development Programme already uses ICP to issue tamperproof, verifiable credentials. That prior collaboration on financial inclusion gave both organizations a working foundation to now scale toward broader government applications.
The broader context matters here. DFINITY believes the future of cloud computing lies in sovereign infrastructure, decentralized architecture, and AI-powered software creation rather than dependence on a handful of cloud providers. That position is gaining traction. The sovereign cloud market is projected to hit $80 billion globally in 2026, making decentralized blockchain infrastructure increasingly relevant to enterprise and government buyers alike.
Five Nations Selected Within 30 DaysWithin the next 30 days, five nations from Latin America, Africa, and Asia will be selected to participate in the pilot. Priority use cases include healthcare and digital identification, two sectors where data sovereignty and tamper-resistant infrastructure carry significant public-interest implications.
The $ICP blockchain is well-suited to this kind of deployment. DFINITY's Internet Computer Platform functions as a sovereign cloud designed to host tamper-resistant software and AI-powered systems that can run independently of foreign cloud infrastructure. DFINITY describes itself as a not-for-profit organization dedicated to transforming the internet into a public sovereign cloud capable of hosting the next generation of software and services.
The UNDP-DFINITY pilot also aligns with a growing push by multilateral institutions to help developing nations build digital infrastructure on their own terms. UNDP has been advancing digital public infrastructure across Africa, recognizing that as African countries navigate tightening public resources alongside growing digital opportunities, digital public infrastructure is becoming an increasingly important foundation for inclusive growth and efficient public services.
If the five-nation pilot delivers results, the model could scale quickly. DFINITY has already demonstrated a willingness to replicate sovereign infrastructure agreements across multiple geographies. The Pakistan Digital Authority and the DFINITY Foundation signed an MoU earlier this year to advance sovereign AI-native digital infrastructure in Pakistan, ensuring sensitive data remains in-country.
Sources:
DFINITY Foundation: Pakistan Digital Authority Partnership Announcement
UNDP: UNDP Partners with DFINITY Foundation to Enhance Financial Inclusion
Tech.eu: Beyond the Hyperscale Cloud, DFINITY's Vision for Sovereign Computing
Internet Computer odolal koordinovanému AI útoku s několika stovkami napadených canisterů s poškozenými Wasm moduly. DFINITY uvedla, že síť zůstala bez narušení provozu.
Network Holds Firm Against Coordinated Wasm AttackThe Internet Computer (@dfinity) has successfully defended itself against a coordinated, AI-powered cyberattack, according to founder @dominic_w. The attack involved several hundred canisters deploying malformed WebAssembly (Wasm) modules in an attempt to disrupt the network. "Last night, the Internet Computer network withstood a widespread, AI-enabled attack, which involved hundreds of canisters using malformed Wasm modules," Williams wrote on X.
The use of malformed Wasm modules as an attack vector targeted this core layer of ICP's infrastructure directly.
The attack did not occur in isolation. Williams said it was accompanied by an extensive, automated disinformation campaign on social media, apparently designed to undermine confidence in the network at a sensitive moment. DFINITY has since announced it is offering cash bonuses to anyone who can provide information identifying the organizers behind what it described as criminal activity.
Timing Tied to Cloud Engines and Intelligence Gateway LaunchThe timing of the attack is notable. Both products appear to be the specific targets the disinformation campaign sought to disrupt.
The product has attracted significant attention, with
That the network absorbed the attack without reported disruption to service will likely be read as a positive signal by developers and enterprise customers evaluating ICP's resilience ahead of the Cloud Engines rollout. DFINITY's decision to pursue those responsible publicly, including offering financial incentives for tip-offs, signals the foundation views the incident as serious enough to warrant an aggressive response.
Sources:
CryptoNews: ICP Celebrates Five-Year Anniversary, Cloud Engines Unveiled
CoinMarketCap: Internet Computer Latest Updates and Roadmap
Tech.eu: DFINITY's Vision for Sovereign Computing
NEAR Protocol na mainnetu aktivoval postkvantové podepisování 20. července 2026 a stal se jedním z prvních velkých blockchainů s produkčním kvantově odolným schématem. Uživatelé mohou jednou on-chain transakcí přepnout klíče bez migrace aktiv.
NEAR Protocol activated post-quantum signing support on its mainnet on July 20, 2026, making it one of the first major blockchain networks to ship a production-ready quantum-resistant signature scheme. The feature, delivered through network upgrade 2.13, implements the NIST-standard ML-DSA-65 lattice-based signature scheme, formally known as FIPS-204.
That standard was finalized by NIST in August 2024 under its original working name, CRYSTALS-Dilithium. It’s designed to withstand attacks from quantum computers, which could eventually break the elliptic-curve cryptography that secures virtually every blockchain in existence today.
What the upgrade actually does The practical upshot is straightforward: NEAR users can now rotate their account keys to a quantum-resistant scheme with a single on-chain transaction. No asset migration required. No new wallet address needed.
This is possible because of NEAR’s account model, which was designed for cryptographic flexibility when the mainnet launched in 2020. The architecture supports multiple signature schemes on the same account, so the upgrade doesn’t force anyone’s hand. Users can voluntarily switch while the existing Ed25519 and secp256k1 schemes remain fully supported.
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On the wallet side, Meteor Wallet already has live integration with the new signing feature. Ledger and other wallet providers are reportedly in the process of adding support, though no firm timelines have been announced.
Why this matters beyond NEAR’s native chain The upgrade doesn’t just protect NEAR-native assets. Through Chain Signatures and NEAR Intents, the post-quantum security extends to assets from over 30 other blockchains, including Bitcoin, Ethereum, and various stablecoins.
Chain Signatures allow NEAR accounts to sign transactions on other networks without bridging assets. NEAR Intents enable cross-chain operations through a declarative framework. Both of these systems now inherit the quantum-resistant properties of the new signing scheme, at least on the NEAR side of the equation.
The quantum threat, in context The concern isn’t just about future attacks. It’s about a strategy called “harvest now, decrypt later,” where adversaries collect encrypted data today with the expectation of cracking it once quantum hardware matures. For blockchain, this means that public keys exposed on-chain right now could theoretically be used to derive private keys in the future.
NEAR co-founder Illia Polosukhin and Near One CTO Anton Astafiev have both emphasized the importance of proactive measures given the pace of quantum computing advances. Their framing connects the quantum-resistance work to NEAR’s broader vision around multi-chain infrastructure and what they describe as an emerging “agent economy,” where autonomous AI agents transact on-chain.
What comes next In a roadmap published on August 24, 2026, NEAR outlined its next milestones. The team is working on efficiency improvements for post-quantum signatures, which are notably larger than their classical counterparts. ML-DSA-65 signatures clock in at around 3,300 bytes compared to 64 bytes for Ed25519.
The bigger target is securing NEAR’s consensus mechanism with post-quantum cryptography by the end of 2027. Right now, the upgrade protects user-facing key management, but the validators securing the network still rely on classical signature schemes.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
PancakeSwap uvedl, že měl za čtvrtletí nejproduktivnější týden: získal více než 41,4 % objemu @Bstocksfinance a přidal sedm nových tokenizovaných párů. Tento týden také spálil 762 tis. $CAKE v hodnotě 1,32 mil. USD.
Top Trading Venue and Tokenized Asset Expansion@PancakeSwap has logged what it describes as its most productive week of the quarter, capturing more than 41.4% of @Bstocksfinance volume to rank as the number one trading venue within that ecosystem. The milestone reflects a broader surge in tokenized equity trading on decentralized platforms.
To deepen its position, the protocol has added seven new tokenized asset pairs, including $SPYB, $SOXLB, and $DRAMB, to its native Shared Inventory Hook. The move is designed to meet growing retail demand for round-the-clock equities access on @BNBCHAIN and @Arbitrum.
Security Audit, New Yield Farms, and Ongoing CAKE DeflationDevelopment momentum has not slowed on the infrastructure side. @Bailsecurity is currently auditing the protocol's cross-chain technology ahead of the launch of new $DGAI-USDT and $TMX yield farm options, adding fresh earning opportunities for liquidity providers across networks.
Underpinning the protocol's longer-term economics is a consistent token burn programme. This week's burn totalled 762k $CAKE tokens worth $1.32M, extending the protocol's deflationary streak to 35 consecutive months.
Taken together, the volume leadership in tokenized equities, the expansion of the Shared Inventory Hook, new yield farm launches, and a sustained deflationary supply policy paint a picture of a protocol operating on several fronts simultaneously.
Sources:
Crypto Briefing: PancakeSwap v3 hosts $3B in spot DEX trading volume for tokenized stocks
PancakeSwap Official Blog: June 2026 CAKE Burn Report
PancakeSwap Docs: CAKE Tokenomics
