Bloomberg potvrdil, že Fidelity Solana ETF (FSOL) a Canary Marinade Solana ETF (SOLC) mají začít obchodovat v úterý. Na trhu tak bude pět spotových Solana ETF.
Bloomberg ETF analysts confirm Fidelity Solana ETF (FSOL) and Canary Marinade Solana ETF (SOLC) to launch on Tuesday. With the launch, the crypto industry will have five spot Solana ETFs to trade, but SOL price keeps dipping despite inflows in SOL exchange-traded funds.
Fidelity Solana ETF (FSOL) Waives Fees for 6 Months According to an SEC filing on November 18, Fidelity Solana ETF has waived 0.25% for a period of six months. In addition, the issuer will also bear the staking fee on all staking rewards generated from the first $1 billion assets.
The ETF becomes auto-effective with an 8-A filing and gains approval from NYSE Arca to list shares under the ticker symbol FSOL, according to US SEC filings.
Bloomberg’s senior ETF analyst Eric Balchunas said the Fidelity Solana ETF is slated to launch on November 18. The trust has set a management fee of o.25%.
“Easily the biggest asset manager in this category with BlackRock sitting out,” he added. BlackRock has denied interest in launching any ETF beyond Bitcoin and Ethereum ETFs currently. Bloomberg analyst Balchunas quoted the launch amid continuous inflows as “Game on” as Bitwise’s BSOL has almost $450 million in assets under management.
ETF Prime host Nate Geraci revealed that the world’s third-largest asset manager Fidelity now has both direct SOL access and spot ETFs.
Fidelity recently rolled out *direct* spot solana trading…
Tomorrow they’ll launch spot sol ETF.
So both direct sol access & spot ETFs.
World’s *third* largest asset manager.
Welcome to the future.
Still surprised BlackRock sitting this one out. pic.twitter.com/h4JqUHMYB2
— Nate Geraci (@NateGeraci) November 18, 2025
Canary Marinade Solana ETF (SOLC) Launches Today In addition to the Fidelity Solana ETF, the Canary Marinade Solana ETF also gains approval from the Nasdaq to list shares under the ticker symbol SOLC, as per a CERT filing with the US SEC.
Bloomberg ETF analyst James Seyffart claims that Canary Capital, in partnership with Marinade Finance, to launch the SOLC on Tuesday. Marinade is the SOL staking partner. It has a management fee of 0.50%, with no waiver announced yet.
SOL Price Rebounds SOL price has tumbled by more than 20% in a week despite continued inflows into Solana ETFs. With nearly $400 million in total inflows in Solana ETFs, VanEck Solana ETF (VSOL) launched on Monday to join others.
Solana tumbled 9% today, with the price currently trading at $134.35. The 24-hour low and high are $129.02 and $142.47, respectively.
However, it recorded more than 3% rebound from the 24-hour low. Trading volume has increased by 60% in the last 24 hours, indicating a rise in interest among traders in response to the Fidelity Solana ETF launch.
CoinGlass data showed buying sentiment in the derivatives market in the past few hours. At the time of writing, the total SOL futures open interest jumped 0.61% to $7.43 billion in the last 24 hours. The 4-hour SOL futures open interest climbed nearly 2%.
VanEck, Fidelity a Canary spustily nové Solana ETF, zatímco souhrnné přílivy do těchto fondů přesáhly 380 milionů USD. SOL přesto za týden klesl o 20 % a obchoduje se za 134,35 USD.
TLDR VanEck Solana ETF (VSOL) launched Monday with waived 0.3% fees until February 17 or $1 billion in assets Fidelity Solana ETF (FSOL) and Canary Marinade Solana ETF (SOLC) both launched Tuesday Grayscale Dogecoin ETF expected to launch November 24 pending SEC response Combined Solana ETFs have attracted over $380 million in inflows despite SOL price dropping 20% weekly SEC’s September listing standard changes enabled faster crypto ETF approvals without individual assessments The cryptocurrency market witnessed a wave of new exchange-traded fund launches this week. VanEck’s Solana ETF began trading Monday while Fidelity and Canary Capital followed with their own Solana funds on Tuesday.
VanEck’s VSOL joined existing Solana ETFs from Bitwise and Grayscale that debuted in late October. These three funds have collectively attracted over $380 million in investor capital.
The new VanEck fund offers staking yields similar to its competitors. Investors’ Solana tokens are locked on the blockchain to earn rewards through the staking process.
VanEck has waived its 0.3% management fee until February 17 or until the fund reaches $1 billion in assets. This temporary fee waiver aims to compete with existing funds charging 0.25%.
Fidelity Enters the Market Fidelity’s Solana ETF launched Tuesday on NYSE Arca under the ticker FSOL. The fund charges a 0.25% management fee matching most competitors in the space.
Bloomberg ETF analyst Eric Balchunas noted Fidelity is the largest asset manager in this category. BlackRock has chosen to sit out and has expressed no interest in launching ETFs beyond Bitcoin and Ethereum.
Canary Capital partnered with Marinade Finance to launch their Solana ETF on the same day. The SOLC fund trades on Nasdaq with a 0.50% management fee.
Marinade Finance serves as the staking partner for Canary’s fund. The company has not announced any fee waivers at this time.
The Securities and Exchange Commission changed its listing standards in September. These new rules allow for faster approvals without requiring individual assessment of each fund.
Dogecoin ETFs on the Horizon Grayscale’s Dogecoin ETF could launch as early as November 24. The fund triggered a 20-day launch window after filing amendments earlier this month.
The Grayscale Dogecoin Trust would convert from its existing fund structure. It plans to trade on the New York Stock Exchange under the ticker DOGE.
This would be the first US Dogecoin ETF able to directly hold the memecoin. REX Shares and Osprey Funds launched a DOGE ETF in September but it holds cryptocurrency through an offshore subsidiary.
Bitwise filed for its own spot Dogecoin ETF on November 6. The filing triggered another 20-day launch timer that could see the fund go live late next week.
Solana’s price has fallen despite strong ETF inflows. The token dropped 20% over the past week and 9% in 24 hours before rebounding slightly.
Solana Price on CoinGecko SOL currently trades at $134.35 after touching a 24-hour low of $129.02. Trading volume increased 60% in the last 24 hours.
Bitwise’s BSOL fund has accumulated almost $450 million in assets under management. The combined inflows demonstrate investor appetite for cryptocurrency exposure through regulated products.
Derivatives data from CoinGlass showed buying sentiment returning in recent hours. Total SOL futures open interest rose 0.61% to $7.43 billion in the past 24 hours.
Marinade Select v listopadu 2025 překročil 3,1 milionu SOL v TVL, což za měsíc znamenalo trojnásobný růst. Stal se klíčovým stakingovým backendem pro institucionální produkty na Solaně.
Solana’s staking ecosystem accelerated in 2025, driven by both retail users and institutions. Native staking remained the dominant pillar, supported by elevated yields during the 2024–2025 cycle. Marinade, as one of the pioneers in this field, grew in native staking. Its native staking product consistently delivered high performance, with peak APY reaching double digits (11.64%) during November 2024 and remaining competitive through 2025.
Liquid staking tokens also continued their upward trajectory in 2025, increasing from roughly 11% of all staked $SOL in early 2025 to over 14% by October. During this period, $JitoSOL, $dzSOL, and $bnSOL grew significantly, while $mSOL shifted to fifth place. This shift highlights intensifying competition among LSTs and signals a broader strategic recalibration for Marinade as market dynamics evolve.
Shift Toward Native Staking in 2025 Marinade’s overall staking footprint rebounded as $SOL’s market recovery gained momentum. By Q3 2025, its total staked $SOL surpassed 10M, but the more significant development was the clear shift toward Native staking, which overtook the protocol’s LST segment and established itself as the dominant component.
While LSTs continued to offer meaningful advantages, enhancements to delegation infrastructure, refined reward mechanisms, and the introduction of features such as instant unstake enabled the Native segment to demonstrate materially stronger and more sustained growth.
Speaking to SolanaFloor about this shift, Michael Repetný, co-founder of Marinade Finance, explained the dynamics behind this transition:
“Institutions and retail alike still prefer safety and security over liquid staking. Marinade launched with Bitgo integration and another native staking integrations to be announced soon, so we expect that trend to follow. While we do have an exciting product for mSOL too to be announced with an ecosystem partner. So we shall see what product wins in 2026.”
Institutions Enter the Staking Layer 2025 marked a turning point for institutional adoption. Asset managers and custodians are increasingly integrating staking into their products, beginning with ETPs and eventually expanding into treasury allocations. VanEck’s staking-enabled Solana ETP signaled the first wave of TradFi interest, addressing dilution concerns by incorporating staking yield directly into fund performance.
Rapid Institutional Growth of Marinade Select Marinade became a central infrastructure partner for institutions. Marinade Select, the protocol’s enterprise‑grade staking service, offered a curated validator set with audited performance, slashing protection, and strict operational standards. Partnerships with BitGo, Zodia, and Copper strengthened this positioning.
By mid‑2025, Marinade Select had become the designated staking backend for institutional products, including the Canary Solana ETF (SOLC). Corporate adoption accelerated, and by November 2025, Marinade Select’s TVL surpassed 3.1M $SOL (~ $436M), representing a threefold growth within the month. Notably, this expansion occurred in less than six months, underscoring the rapid pace at which institutions adopted Solana staking through Marinade’s infrastructure.
When asked about the current sentiment among institutional players toward Solana staking yields, associated risks, and the scale of allocations they are now prepared to deploy, Repetný offered his perspective:
“Everyone is cautious but def more open towards more risky products like LSTs and DeFi, which is a slight shift since the new administration. There's extreme margin compression in the institutional space, leaving validators with close to zero upside since the alternative for the institution is to spin up their own node themselves. What's going to be interesting is how the institutions adapt to a more versatile environment with multiple MEV engines like Harmonic, Paladin etc.”
Institutional Staking Becomes Marinade’s New Growth Engine Marinade’s core business historically centered on liquid staking through $mSOL, but the rapid rise of its institutional‑grade product signals a major market shift. With Marinade Select surpassing 3.1M $SOL in TVL by November 2025, the growth trajectory suggests this segment may soon become the primary pillar of the protocol’s business.
A key question arises: why do institutions continue to choose Marinade Select despite its comparatively lower APY? Repetný provided a more formal perspective on the institutional considerations driving this shift:
“Marinade Select is a KYC-only product built on top of known and reputable community validators, making it a superior choice to decentralize Solana in the best way possible, avoiding sybils and questionable validators, while staying competitive in yield. We expect Select APY to be on par with self-staking yield very soon, with more announcements to come.”
Outlook Solana’s staking ecosystem enters 2026 with growing indications that institutional staking may become the dominant trend of the next cycle. Native staking remains essential for network security, while liquid staking continues to support DeFi activity. However, institutional‑grade staking is rapidly emerging as a strategic pillar of the ecosystem. Marinade’s evolution from a liquid staking pioneer to a leading institutional partner through Marinade Select positions it as a major contributor to this shift. The protocol’s ability to offer vetted validators, operational assurances, and compatibility with custodial infrastructure underscores why institutions increasingly rely on it.
Read More on SolanaFloor Trading of Cross‑Chain Tokens on Solana: $MON and $ZEC Exceed $1B in DEX Volume
Solana má nejvyšší míru stakingu od ledna 2024, když je stakováno přes 425,7 mil. $SOL, tedy více než 68,9 % nabídky. Marinade Select mezitím za šest měsíců zvýšil TVL o 60 %.
Amidst undeniably choppy markets, Solana’s staking landscape continues to show strength and resilience.
Despite $SOL dropping 47% in the last 3 months, investors are steadily growing their stake in the network, with LST adoption hitting all-time highs and the chain’s staking rate reaching its highest point since January 2024.
Solana’s staking boom continues to benefit the network’s OG operators, like Marinade Finance, which has grown the TVL of its institutional staking product, Marinade Select, by 60% in six months.
Solana Staking Rate Hits 2-Year High As institutional interest circles the crypto industry, investors are adding $SOL to their staking accounts at record levels. According to Blockworks data, over 425.7M $SOL, the highest-ever $SOL-denominated figure, is now staked to the network.
This brings Solana’s Stake Rate to its highest point since January 2024 at just over 68.9%, dominating the staking rate of rival networks. Comparatively, competing Layer-1s chains like Ethereum and BNB Chain have far lower staking adoption rates of 30% and 18.4%, respectively.
Additionally, Solana’s liquid-staking rate is showing no signs of slowing down. Despite the influx of institutional capital flowing into Solana ETFs, liquid staking continues to gain ground, rising to new all-time highs of 15.64%.
Staking providers like Marinade, who offer optimized native and liquid staking services through its Stake Auction Marketplace, are ideally positioned to capture this flow. With staking adoption increasing across the network, Marinade’s specialized offerings are trending upwards.
Marinade Select TVL Up 60% In Six Months Aimed at institutional investors, Marinade Select offers a curated stake pool of KYC-verified, reputable, SOC-2 compliant validators. By offering a premium validator set, Marinade establishes itself as a trusted staking operator for institutional players seeking reliable yield on their $SOL holdings.
In the last six months, Marinade Select’s $ SOL-denominated TVL has increased by 87.13%, rising from 863k $SOL in July 2025 to over 1.6M $SOL in January 2026. This growth is supported by Solana ETF growth, with issuers like Canary Capital opting to stake their $SOL holdings through Marinade Finance.
Over $1.1M Committed to $MNDE Buybacks Since August In August 2025, Marinade Finance debuted its buyback program, promising to allocate 50% of protocol revenue towards repurchasing $MNDE and directly value flow to token holders. Since the launch of the mechanic, over $1.17M worth of $MNDE has been taken off the market and sent to the DAO treasury.
More recently, Marinade DAO has moved away from buybacks to grow $mSOL liquidity. Since passing MIP-17 in December, Marinade DAO has paused $MNDE buybacks, instead directing these funds to growing liquidity in $mSOL, the protocol’s LST.
Since the change, $mSOL supply has increased by around 22.3k tokens. This brings the total supply to to 2.54M $mSOL, valued at around $434M USD and capturing 5.18% of Solana’s LST market.
Read More on SolanaFloor $SKR is finally here
Solana Mobile Airdrops $20M in $SKR to Early Adopters - What’s Next For Seeker?
SolanaFloor Sits Down with Marinade Co-Founder Michael Repetny
Marinade Finance ve spolupráci s RockawayX a Kamino spouští $USDC vault s cílovým výnosem 4–6 % APY. Uživatelé mohou v jednom kroku přesunout staked $SOL do výnosového $USDC vaultu.
For years, Marinade Finance has been one of Solana’s most reliable staking operators, enabling $SOL holders to earn optimized yield on their stake.
Today, Marinade Finance expands its offering to include $USDC rewards. Joining forces with RockawayX and Kamino, Marinade is launching its proprietary stablecoin savings product, enabling users to earn up to 6% APY on $USDC deposits.
The launch echoes a wider trend playing out across the DeFi economy, wherein crypto natives are storing their wealth onchain regardless of market dynamics.
Marinade’s $USDC Vault to Target 4-6% APY The Marinade USDC Vault is a stablecoin savings product that lets users earn yield on $USDC without leaving the Marinade ecosystem. The vault targets a variable 4-6% APY on deposited $USDC, with yield subject to prevailing market conditions.
Moving out of staked $SOL into cash can be a cumbersome affair. Offramping to fiat costs the average user around 2% in compounded fees, and can sometimes take several days.
Seeing that around 75% of its unstakers are seeking to exit to USD, Marinade Finance has designed a stablecoin vault that seeks to capture this value flow. In one click, users can shift capital directly from staked $SOL into a yield-bearing $USDC vault, with fiat off-ramping expected in future updates.
Upon deposit to the Marinade vault, users receive an SPL share token representing their position, which remains transferable and redeemable at any time.
"Instead of losing users through a painful off-ramp process, we're giving them a reason to stay. With Kamino powering the infrastructure and RockawayX managing the strategy, users get solid yield with the simplicity Marinade is known for." - Michael Repetny, Marinade Finance CEO
In times of market uncertainty, Marinade’s stablecoin vault becomes a powerful tool for DeFi users who want to limit their exposure to volatile assets, while continuing to earn yield onchain.
RockawayX to Manage Vault Strategy Marinade’s $USDC vault is built on a three-layer stack, collaborating with some of the names in Solana DeFi.
RockawayX, an investment firm with deep ties to the Solana ecosystem, will manage the vault’s yield strategy. Overseeing the vault’s day-to-day operation, RockawayX will allocate and actively rebalance capital to ensure consistent yield.
At press time, RockawayX has communicated its intention to run a conservative mixed-market strategy, allocating funds across Kamino’s lending markets, Maple’s institutional credit markets, and various similar RWA products.
While RockawayX handles strategy, Marinade owns and controls the vault outright, with its Council multisig (3 of 5) holding ultimate authority. Marinade can add or remove modules, replace the vault manager, adjust configuration, or initiate a wind-down at any time, and RockawayX is unable to withdraw funds to external wallets.
“Our job is to underwrite every allocation properly and rebalance when conditions move. We've run market-neutral strategies through every major stress event since 2022 with zero defaults. That's the standard we're applying here.” - Nassim Alexandre, RockawayX Head of Onchain Asset Management and Curation
Kamino Finance provides the underlying infrastructure through the Kamino Buildkit, and is built upon Kamino’s Lend product, including smart contracts, lending markets, NAV accounting, and the share token mechanics. Solana’s biggest DeFi lender, Kamino has successfully completed 18 independent audits and suffered zero bad debt since the platform launched in 2022.
Solana Stablecoin Supply At All-Time Highs The launch of Marinade Finance’s stablecoin vault coincides with the emergence of a new trend in onchain markets. Previously, the end of a crypto bull cycle would typically result in an exodus of capital, with market participants moving their funds offchain to store their wealth in fiat.
That appears to be changing in 2026. While asset prices continue to slide amidst languishing market conditions, traders and investors are choosing to keep their funds onchain, taking advantage of a wealth of yield bearing opportunities in the stablecoin economy.
In the collapse of the 2021 bull market, Solana’s stablecoin supply remained largely unchanged as $SOL plummeted from $250 to around $30, before capitulating entirely towards the end of the year. This time around, Solana’s stablecoin supply has expanded in the face of declining asset value, suggesting market participants prefer to store their wealth across Solana DeFi.
Marinade’s $USDC vault seeks to capture this value flow, enabling its users to continue to earn reliable yield on their assets, without needing to leave the Marinade ecosystem.
Anchorage Digital integrovala Marinade Finance a umožní institucionálním klientům stakovat SOL při zachování úschovy aktiv. Nabízí dvě strategie: buď pro zhruba 30 KYC-ověřených validátorů, nebo širší rozdělení stake napříč stovkami operátorů pro vyšší výnos.
Anchorage Digital has integrated Marinade Finance into its platform, allowing institutional clients to stake Solana tokens through automated validator strategies while maintaining custody of their assets.
According to Thursday’s announcement, the integration gives clients direct access to Marinade’s staking strategies within Anchorage’s custody and wallet infrastructure, including its Porto self-custody wallet, without requiring external applications.
The setup separates staking delegation from withdrawal control, allowing institutions to participate in validator selection and yield generation while retaining asset control.
Clients can choose between two staking strategies: one that allocates across a curated set of roughly 30 KYC-verified validators for compliance-focused use cases, including regulated financial products such as exchange-traded funds (ETFs). Another dynamically distributes stake across a broader validator set spanning hundreds of operators to optimize yield.
The integration is available through Anchorage Digital’s platform and its Porto wallet, where staking, custody and asset management functions are combined within a single interface.
Anchorage Digital is a San Francisco-based crypto custody provider that operates the first federally chartered crypto bank in the United States. In January, it was reported to be seeking between $200 million and $400 million in new funding as it considers a potential initial public offering next year.
Institutional yield strategies expand from staking to Bitcoin DeFiInstitutions are increasingly seeking yield on crypto holdings without moving assets out of custody, as staking gains traction among asset managers and product issuers.
In February, Ripple expanded its custody platform through integrations with Securosys and Figment, enabling banks and custodians to offer staking without running validators or managing keys, with support across on-premises and cloud environments and built-in compliance checks.
The following month, Anchorage Digital integrated with Puffer Finance to offer liquid restaking on Ethereum, allowing clients to stake Ether (ETH) and receive pufETH, a transferable token representing a restaked position that continues earning rewards.
While staking -- that is, earning rewards for securing a network -- was traditionally limited to proof-of-stake assets, similar yield strategies are emerging for Bitcoin (BTC) via decentralized finance (DeFi) integrations.
Lombard recently teamed with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin without moving assets out of custody, combining DeFi lending and tokenized real-world assets with infrastructure from Morpho.
Similarly, Fireblocks has integrated Stacks to provide institutional access to Bitcoin-based lending and yield, using faster block times while settling transactions on Bitcoin for finality.
Magazine: Adam Back says current demand is ‘almost’ enough to send Bitcoin to $1M
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Investoři už stakovali 2,8 milionu NEX, zhruba 8 % obíhající nabídky, aby získali podíl z poplatků Nash Exchange. Spuštění MVP ale nezastavilo výprodej, NEX klesl z 2,40 USD na asi 1,70 USD.
Investors are rushing to stake Nash Exchange (NEX) tokens, in order to maximize returns from the exchange’s fee-split model.
The address for Nash’s staking smart contract has seen a sharp surge in its balance. More than 700,000 NEX has been added to the wallet since Monday, when Nash went live. That takes the total number of staked NEX tokens up to 2.8M, which is roughly 8% of the circulating supply.
NEX tokens staked in the NASH staking smart contract. Source: NEOSCAN. Creators describe Nash as a ‘distributed finance‘ platform. In addition to the usual trading facilities found in a DEX, users can also make payments in cryptocurrencies through NashPay.
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Nash’s matching engine was built on the NEO blockchain, but cross-chain integrations allow communications with other protocols. All five Nash founders participated in the ‘City of Zion’ decentralized developer community, and are reportedly still involved in developing NEO infrastructure.
But the project is “not dependent on the NEO network,” said Co-founder Fabio Canesin in April. The exchange has already incorporated scripting protocols for Bitcoin (BTC) and Ethereum (ETH).
Crypto Briefing first wrote about Nash when the project announced its ICO, to be held in early 2018. But the offering was delayed pending regulatory approval from Liechtenstein’s Financial Market Authority (FMA). Originally scheduled for Q1, the ICO was launched in September of 2018.
An MVP (Minimum Viable Product) for the exchange went live on Monday, allowing token holders to stake NEX tokens to receive a share of the trading fees. The staking rewards increase according to how long the tokens have been staked.
But the long-awaited launch failed to halt a considerable sell-off of NEX tokens, whose prices began to sink yesterday. After rising to $2.40 per token on Monday, they traded at approximately $1.70 at the time of writing.
Disclosure: This article was edited by Paddy Baker. For more information on how we create and review content, see our Editorial Policy.
Binance delists DREP, MobileCoin (MOB), and pNetwork (PNT). The move comes as the tokens have fallen short of the criteria initially earning them Binance listings. DREP team has apologized to the community members and proposed an airdrop program. Binance, the most prominent centralized trading platform, has announced plans to discontinue support for three crypto projects due to subpar performance. The affected tokens include Drep (DREP), MobileCoin (MOB), and pNetwork (PNT).
This move comes after Binance recently reviewed all listed digital assets to ensure they meet high standards and industry requirements. Projects failing to meet these standards risk delisting from the platform, as Binance prioritizes providing top-tier services and protections for its users. Unfortunately, DREP, MOB, and PNT have fallen short of the criteria that initially earned them listings on Binance.
As a result, Binance will remove all Bitcoin and USDT trading pairs associated with DREP, MOB, and PNT starting April 3. Additionally, the platform will cease accepting deposits of these tokens from the delisting date. Users are advised to withdraw their holdings before July 3, as Binance will automatically convert any remaining tokens to stablecoins after this period.
Notably, Binance’s move to delist DREP, MOB, and PNT has had severe consequences for the market values of the tokens. For instance, MOB has tanked by over 56% from its daily high of $0.32 to $0.1363 within the last few hours. Similar 56% declines have been observed with PNT and DREP.
Meanwhile, the project team behind DREP has issued a statement via its official X account concerning the delisting from Binance.
𝐓𝐨 𝐭𝐡𝐞 𝐃𝐑𝐄𝐏 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲,
We sincerely apologize for the announced delisting of the $DREP from #Binance . We understand this news is frustrating especially since we put in 10000000000000% in our product developments and upcoming milestones.
In the meantime, we'd… pic.twitter.com/T4OcQlXuSu
— Official DREP (@DrepOfficial) March 20, 2024 Acknowledging the implications of this development for DREP holders, the team apologizes to the community members. Simultaneously, the team has proposed a proposal dubbed “MOON-INDUCING UTILITY” to reduce the token supply and potentially benefit holders long-term.
The proposal includes DREP token burn and airdrop. Specifically, they suggested burning 22,593,750 tokens, approximately 23% of the total token supply should the community approve. Additionally, they propose to airdrop the remaining 20,000,000 tokens.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Sovryn se rozšiřuje na Ethereum s pomocí Build on Bitcoin a prvním projektem bude DEX 2.0. Má nabídnout nižší gas fees a rychlejší transakce než Uniswap.
Bitcoin DeFi app Sovryn is expanding to the Ethereum blockchain with the help of hybrid layer-2 network developer Build on Bitcoin, the two companies announced on Thursday.
Sovryn is a decentralized platform launched at the end of 2020 that offers lending, borrowing, and margin trading through smart contracts in the Bitcoin ecosystem. Built as a DAO on the Bitcoin sidechain Rootstock (RSK) that allows for the creation of smart contracts, Sovryn has been working to enhance Bitcoin with advanced DeFi capabilities.
The first project that Sovyrn will launch on Build on Bitcoin is a decentralized exchange (DEX) called Dex 2.0. The group claims this project will come with lower gas fees and faster transactions than competitors like Uniswap, and “unparalleled capital efficiency.”
“We've known Sovryn for a long time, and they've definitely been spearheading a lot of the early DeFi work in the Bitcoin space,” Build on Bitcoin co-founder Alexei Zamyatin told Decrypt. “Egan was the first person I called up when we started working on [Build on Bitcoin], trying to get him excited about expanding the Sovryn ecosystem and also trying to learn about the struggles they had.”
A layer-2 protocol refers to technology designed to mitigate congestion on a blockchain by creating a secondary chain that works in conjunction with the main network. For example, the Lightning Network is a layer-2 micropayments protocol for Bitcoin. Other examples of layer-2s include Arbitrum and Optimism on Ethereum.
"With Build on Bitcoin, you can use 350 [Ethereum Virtual Machine] wallets," Zamyatin said. "For the layman, that means you can pick almost any wallet; it doesn't necessarily need to be Bitcoin only or deal with UTXOs. It makes the whole thing much more user-friendly."
In January, Sovyrn launched BitcoinOS, which uses what the company called “sovryn rollups” to create a foundational layer for decentralized apps (dapps) on Bitcoin.
“By joining forces with BOB, we are not only expanding Sovryn's reach but also creating a DeFi ecosystem that is accessible to millions of Bitcoin users worldwide,” Sovryn co-founder Egan Yago said in a statement.
On Sovryn’s Dex 2.0, Zamyatin explained, users can select different networks via the user interface, such as the BOB Ethereum layer-2 protocol. He noted that the selection process is similar to choosing between Ethereum, Optimism, and Arbitrum on Uniswap.
When asked why developers are focused on bringing DeFi to Bitcoin, Zamyatin said it was because of Bitcoin's reliability.
"Bitcoin is the backbone of the entire Web3 ecosystem. If Bitcoin falls, everything else falls, if everything else breaks Bitcoin is still there," he said. "I think that is one of the main properties of Bitcoin—it's stable and robust. Bitcoin is predictable."
With renewed interest in the number-one blockchain by market capitalization stemming from projects like Ordinals and the approval of Bitcoin ETFs, Zamyatin is optimistic about the future of Bitcoin development.
“Bitcoin had its harsh times when nobody wanted to really engage with it,” Zamyatin said. “We both had a feeling that it was going to have a renaissance, and luckily, we were right.”
Edited by Ryan Ozawa and Andrew Hayward
Editor's note: This story was updated after publication to clarify descriptions of Sovryn and Build on Bitcoin.
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Satoshi Protocol se spojil se Sovryn a spouští SAT-wBTC pool na BOB chainu pro vyšší likviditu a využití SAT. Sovryn uvádí, že má přes 85 mil. USD TVL a více než 2 mld. USD kumulovaného objemu obchodů.
Satoshi Protocol, a prominent stablecoin protocol that gets support from Bitcoin, has announced an exclusive collaboration with Soveryn. The partnership between Satoshi Protocol and the BOB chain-based DeFi protocol Sovryn will unveil a SAT-wBTC pool to boost the utility and liquidity of SAT in the BOB ecosystem. The platform disclosed the development on its official account on X.
Partnership with @SovrynBTC
Our collaboration introduces a new SAT-wBTC liquidity pool, boosting $SAT utility and trading options on BOB.
Thrilled to announce our partnership with @SovrynBTC, the leading BTCfi Hub on the BOB chain. They offers secure, fast Bitcoin trading… pic.twitter.com/hV6n4rWj2K
— Satoshi Protocol (@Satoshi_BTCFi) July 31, 2024 Satoshi Protocol Commences an Exclusive Collaboration with Sovryn In its latest X post, the company mentioned that Sovryn operates as a decentralized finance protocol on the BOB chain. It reportedly offers several financial services taking into account liquidity provision and trading. Sovryn benefits from the security of Bitcoin along with the smart contract flexibility to deliver resilient financial instruments. Sovryn has additionally attained crucial landmark achievements.
They include more than $85M in its total value locked part from more than $2B worth of cumulative trading volume. Additionally, the total consumer base of the platform has reportedly reached 60,000. Sovryn is integrated with the BOB chain, expanding its platform with diverse integrations and financial services. Moreover, Sovryn delivers decentralized trading, margin trading, borrowing, and lending tools.
Bitcoin network secures all of these products. This partnership will permit the development of a Sovryn-based SAT-wBTC pool. The integration will chiefly enhance liquidity for SAT. As a result of this, the consumers can conveniently trade between the SAT token and the rest of the Sovryn-based coins. This takes into account the well-known tokens such as USDC, ETH, SOV, wBTC, DLLR stablecoin of Sovryn, and so on.
Improved liquidity signifies that the clients can conduct trades more effectively with decreased slippage and enhanced pricing. The integration of SAT within the ecosystem of Sovryn broadens its utility. It provides additional opportunities to facilitate the consumers in engaging with assets. The inclusion in the extensive DeFi package of Sovryn lets SAT holders take part in a broad series of financial operations.
The Development Enhances Liquidity, Capital Efficiency, and Utility in the BTC Ecosystem It includes generating yields via liquidity provision and using SAT in the form of collateral concerning loans. Ingamar Ramirez, Sovryn’s Head of Ecosystem Growth, stated that this collaboration will let them offer additional options regarding decentralized stablecoins. Satoshi Protocol asserted that the partnership will combine the strengths of both entities to capital efficiency, liquidity, and utility in the BTC ecosystem.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Bitcoin futures na CME přešly na nepřetržité obchodování, takže už nevznikají nové CME gapy. Pro tradery tím končí osmiletý signál, který často předpovídal krátkodobý pohyb ceny.
Bitcoin (BTC) starts its first full trading week with no new CME futures gap on the chart. The shift ends an eight-year market quirk that traders relied on to forecast short-term price targets.
The Chicago Mercantile Exchange (CME) moved its regulated cryptocurrency futures and options to around-the-clock trading on May 29. The change removed the weekend closure that had produced visible price gaps since Bitcoin futures launched in December 2017.
Why the CME Gap Mattered for Bitcoin TradersFor nearly nine years, CME Bitcoin futures closed every weekend while spot exchanges and offshore perpetual markets kept trading.
Any weekend move produced a chart gap when futures reopened. Price often returned to fill it within days or weeks.
Historical fill rates ranged from 70% to more than 90%. The pattern became one of the most watched short-term signals in crypto.
The structure also frustrated institutions, which could not adjust hedges over weekends on a regulated venue.
Bitcoin CME Futures. Source: X/Daan Crypto Trades “BTC Closed last weekend’s CME gap and is now trading in the big area between the other few remaining gaps. This weekend, 24/7 trading starts for the Bitcoin CME futures so there won’t be any new gaps created anymore going forward. The ones left standing will of course still sit there on the chart,” wrote analyst Daan Crypto Trades.
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What Changes Under Continuous TradingCME now runs Bitcoin, Ether (ETH), Solana (SOL), and six other contracts continuously. Daily maintenance windows run two minutes on weekdays and two hours on Saturdays.
The shift gives portfolio managers, ETF issuers, and corporate treasuries a regulated channel to hedge weekend exposure in real time.
“Client demand for risk management in the digital asset market is at an all-time high, driving a record $3 trillion in notional volume across our Cryptocurrency futures and options in 2025,” read an excerpt in the announcement, citing Tim McCourt, CME Group’s Global Head of Equities, FX and Alternative Products.
The expansion follows record activity across CME crypto products during 2025.
Bitcoin Volatility futures, a new contract tracking 30-day implied volatility, are scheduled to debut on June 1.
Where the Market Sits NowBTC traded near $73,441 on Sunday, down 3.7% on the week, after the quietest weekend in recent memory.
Bitcoin (BTC) Price Performance. Source: BeInCryptoThree legacy gaps stay open on the chart. Two sit above current price near $78,500 and $80,000, and one below in the $67,000 to $70,000 zone.
THE CME GAP ERA JUST ENDED🧵
CME Bitcoin futures will now trade 24/7 just like perps.
But $BTC still has 3 UNFILLED gaps left:
• $80K
• $78.5K
• Below $70K
And this is going live during active war tensions.
Here's what changes for you as a trader. pic.twitter.com/3bXlLx7hGV
— Wise Advice (@wiseadvicesumit) May 29, 2026 Whether those gaps still pull price action under continuous trading is the first real test of the post-gap era.
Early CME volume and open interest on Monday will signal how quickly institutions adapt their playbooks.
Belgian prosecutors have opened an investigation into Wise’s accounts over possible money laundering tied to fraud, drug trafficking, and corruption. The news sent the London-listed fintech company’s shares sliding sharply, rattling investors who had only recently started feeling comfortable with the company’s compliance track record.
The investigation lands at an awkward moment. Wise had just spent the better part of two years trying to clean up its regulatory image, completing a remediation plan with Belgian authorities and settling AML deficiencies in the US. Now, prosecutors in Brussels are poking around again, and the market is not exactly giving the company the benefit of the doubt.
Belgium has been a compliance headache before This isn’t Wise’s first brush with Belgian regulators. Back in 2022, the Belgian National Bank flagged that the company was missing proof-of-address documentation for hundreds of thousands of customer accounts.
Wise entered into a formal remediation plan and confirmed by late 2024 that it had completed the required fixes. The Belgian National Bank’s findings from November 2024 highlighted these earlier shortcomings, but the company appeared to be moving past the episode.
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The new investigation by the Brussels Public Prosecutor’s office takes things to a different level. Regulatory findings about missing paperwork are one thing. A criminal probe into whether accounts were used for money laundering connected to drug trafficking and corruption is quite another.
A pattern of regulatory settlements Belgium isn’t the only jurisdiction where Wise has had to answer uncomfortable questions about its compliance infrastructure. In July 2025, the company’s US subsidiary settled with six states for $4.2 million over deficiencies in its anti-money laundering program.
The $4.2 million US settlement covered AML program shortcomings, not allegations of actual criminal activity flowing through the platform. The Belgian investigation, however, raises the stakes considerably by drawing a direct line between Wise accounts and potential proceeds from serious crimes.
The broader fintech compliance reckoning Wise is not the only European payments company under the microscope right now. The Brussels Public Prosecutor’s office also opened a money-laundering investigation into Worldline’s Belgian unit on or around June 27, 2025, citing media allegations that the French payments processor had been processing payments for illegal activities. Worldline’s shares fell as much as 10% on that news, coming on top of earlier drops as steep as 38%.
The parallel investigations suggest a broader regulatory sweep across payment processors operating in Belgium.
For Wise specifically, the Belgian probe creates a credibility problem. The company had presented its completed remediation plan as evidence that it had turned a corner on compliance. A criminal investigation suggests that prosecutors believe there may be more to the story than outdated address records.
The key variable to watch is whether prosecutors ultimately bring formal charges or whether the investigation results in a settlement or remediation order. A settlement, even a large one, provides closure. Formal charges open up the possibility of restrictions on Wise’s Belgian operations, which could have knock-on effects across the company’s European business.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Binance vyřadí UNFI, OOKI, KP3R a IDRT ze spotového obchodování 6. listopadu v 03:00 UTC. Důvodem jsou standardní kontroly aktiv a nesplnění požadavků burzy.
Binance, the largest cryptocurrency exchange by trade volume, has disclosed plans to delist several tokens in a few weeks.
In a press release today, the exchange confirmed that the tokens scheduled for removal are Unifi Protocol DAO (UNFI), Ooki Protocol (OOKI), Keep3rV1 (KP3R), and Rupiah Token (IDRT).
This move follows the company’s routine asset reviews, aimed at ensuring all listed tokens meet their high standards.
The delisting will take place on Nov. 6 at 03:00 UTC. At that time, all trading pairs associated with these tokens, including UNFI/BTC, OOKI/USDT, KP3R/USDT and others, will cease trading.
Binance explained that their decision is based on factors such as the project’s development activity, the stability of their networks, and adherence to regulatory requirements. They noted that these steps are meant to protect users and ensure a healthy crypto trading environment.
Users holding these tokens are encouraged to take action before key deadlines. Trading on spot markets will close on Nov. 6, but Binance has outlined several earlier milestones related to margin trading, futures contracts, and other services.
For instance, isolated margin borrowings for these tokens will be suspended on Oct. 25, with further closures of positions set for Oct. 31. Users are advised to settle their positions and transfer any assets to avoid losses.
After the delisting, deposits of the tokens will not be credited starting from Nov. 7. However, Binance will support withdrawals until Feb. 6, 2025. The exchange also mentioned the possibility of converting the delisted tokens into stablecoins, but there is no guarantee on this yet.
The delisting comes after a similar trend in the crypto market, where assets removed from the Binance exchange often see price volatility.
Past delistings by Binance have led to massive price drops for some tokens, such as TrueUSD and Tornado Cash’s TORN and Monero. However, there have also been cases where tokens surged despite a Binance delisting, as seen with Reef Finance.
Pre-staking for $NIM holders has been announced by Layer-1 payments blockchain Nimiq, which is a significant step toward its much awaited migration to Proof-of-Stake (PoS). This initiative not only prepares the way for the network’s transition to a more energy-efficient, decentralized proof of stake consensus, but it also pays out considerable rewards to early participants.
Nimiq is getting ready to switch from Proof-of-Work (PoW) to Proof-of-Stake (PoS) as its consensus algorithm. To ensure a safe migration, pre-staking is a crucial step. This is because a secure migration requires maximizing the total amount of $NIM pre-staked and dividing it among the maximum number of validators. All Nimiq holders are encouraged to pre-stake and contribute to a more decentralized Nimiq network via the Pre-Staking Rewards program.
Nimiq is a unique blockchain-based decentralized payment system. A digital currency, quick payments, cheap transfers, and universally accessible passive income are all part of its financial ecosystem. The upgrading of Nimiq to Proof of Stake will help it realize its objective of acting as a sustainable monetary system that gives people complete control over their money, enables them to utilize it anywhere in the world, and helps them attain financial independence.
By maximizing their pre-staking strategy through a variety of multipliers—staking early for a time-based boost, selecting an underdog validator to promote even distribution across all validators, and raising their ranking in the Nimiq Space by finishing Nimiq quests—participants can raise their chances of earning bonus rewards.
One may access Nimiq’s pre-staking program by logging onto the campaign’s dedicated dashboard. Community members may choose the Nimiq account address they want to use for pre-staking and register for the pre-staking program here. Further information is available in the blog post announcement from Nimiq.
Max Burger, Ecosystem Developer at Nimiq said:
“Nimiq’s long-awaited migration to Proof-of-Stake marks the beginning of a completely new era for the project. Not only does it drastically reduce the blockchain’s energy consumption, but more importantly, it introduces near-instant transactions for a significantly enhanced payment experience. Once the migration is complete, we can focus on expanding Nimiq’s global adoption to make NIM the most widely accepted cryptocurrency on the planet.”
Participants in the pre-staking program will be eligible for incentives that may be directly claimed via the pre-staking dashboard. The campaign will run from October 7 through November 10. Participants will share 100 million in $NIM pre-staking rewards in addition to a bonus giveaway reserved for community members who sign up for the campaign as soon as possible. Over the course of three rounds, winners of the bonus prize will be selected at random from among eligible entrants, with an extra $NIM reward given to 100 pre-stakers. As a consequence, an incredible 200 million NIM is set aside for rewards and pre-staking prizes.
By making the most of its pre-staking effort, Nimiq will make sure that its network is prepared for the next stage of activation and the November 19th Proof of Stake migration.
Visit https://www.nimiq.com/ to learn more.
A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.
Hytopia spustí tento měsíc uzavřenou beta verzi po prodeji nodeů pro síť Hychain, který přinesl přes 8 milionů dolarů. Pro operátory je vyčleněno 250 milionů TOPIA a 25 % z transakčních poplatků.
Hytopia, a Minecraft-like sandbox game previously known as NFT Worlds, is set to roll out a closed beta test this month after raising millions of dollars through a node sale for its Ethereum layer-2 network, Hychain.
The Hychain sale raised 2,098 ETH in March, or more than $8 million worth at the time, as users purchased nodes that help secure the Arbitrum-based gaming network and also allow them to earn TOPIA tokens in the process.
In total, 250 million TOPIA—about $17.5 million worth at present—will be doled out to node operators, along with a 25% share of transaction fees. The Hychain nodes went live on Tuesday following last month’s sale.
Nearly 17,000 node keys have been sold to date out of 50,000 in total, and the sale will remain ongoing while Hychain nodes are still available. Hychain said that it paid out 254 ETH (about $1 million worth at the time) worth of incentives to content creators and influencers who helped promote the node sale via their respective creator codes.
"We are thrilled by the community's enthusiastic response to the Hychain node sale and are equally excited for players to explore the Hychain mainnet," said pseudonymous co-founder ArkDev, in a release. "These milestones are a clear indication of the community's desire for a new permissionless [layer-2] blockchain that enables seamless and frictionless publishing of Web3 games."
Hytopia, the flagship game that will kick off the Hychain rollout, will debut its closed beta test this month after amassing 1.25 million pre-registrations for the game.
Decrypt’s GG recently spoke with ArkDev about the game’s transition from the Minecraft-based NFT Worlds project to an original crypto game that mashes up elements of both Minecraft and Roblox, as well as the team’s plans to attract other game developers with Hychain.
Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Andrew Hayward.
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THORSwap nabídla několik bounty odměn útočníkům, kteří napadli osobní peněženku, zřejmě patřící zakladateli THORChain John-Paul Thorbjornsenovi. ZachXBT uvedl, že z ní severokorejští hackeři ukradli 1,35 milionu USD.
PANews reported on September 12th that according to The Block, on-chain detective ZachXBT revealed that THORSwap has issued multiple bounty offers over the past few days to hackers who attacked a user's personal wallet. The victim may be THORChain founder John-Paul Thorbjornsen. An on-chain update on Friday indicated that returning THOR tokens would earn a reward, with no legal action taken within 72 hours. Contact information was also provided. PeckShield initially reported that the THORChain protocol had been attacked, resulting in losses of approximately $1.2 million, but later corrected the claim to be targeting user wallets. ZachXBT stated that the victim was likely John-Paul Thorbjornsen's wallet, from which North Korean hackers stole $1.35 million on Tuesday. Thorbjornsen admitted that the attack originated from a fake Zoom link sent from a friend's hacked Telegram account. He stated that his old MetaMask wallet, which had been emptied, was in another logged-out Chrome profile, with the key stored in iCloud Keychain, making it possible for the attacker to access it through a zero-day vulnerability. This reinforces his belief that threshold signature wallets are the only true defense.
THORSwap v roce 2025 zpracoval přes 1,28 miliardy USD swapů, utržil více než 5,42 milionu USD a rozděluje 55 % výnosů stakerům a poskytovatelům likvidity.
THORSwap is one of the few protocols in this ecosystem that has seen it all.
It launched when native cross-chain swaps were still new and experimental. It survived multiple market cycles, regulatory uncertainty, infrastructure upgrades, and even internal restructurings. More than four years later, it is still here. And unlike many frontends in DeFi, it is profitable.
As THORSwap enters its fifth year, it is worth looking at how it evolved from an early THORChain interface into a mature aggregator that redistributes real yield to its holders.
🚧 Built alongside THORChainTHORSwap was one of the earliest supporters of THORChain. At the time, there were very few ways for users to interact with native cross-chain swaps. THORSwap filled that gap by building a frontend that exposed all THORChain routes in a clean, accessible way.
As THORChain expanded its features, THORSwap expanded with it. LP position management, THORFi integrations, TCY products, asset whitelisting contributions, the team consistently followed the core protocol’s evolution. If you open the platform today, that heritage is still visible. THORChain remains central in the interface.
However, from day one, the positioning was clear. THORSwap was not meant to become the official frontend of THORChain for very specific reasons. First regulatory uncertainty was still high, and it made sense to keep a distinction between the base layer executing swaps and the frontend facilitating user access. Second because THORChain’s long-term ambition was always to become backend infrastructure embedded across wallets and applications, not dependent on a single interface.
THORSwap understood that early, and it adapted accordingly. Instead of limiting itself to THORChain routes, the team gradually integrated additional liquidity providers such as Maya Protocol and ChainFlip. This allowed users to access assets that were not directly tradable through THORChain alone.
In 2025, the integration of NEAR Intents marked another important step. Intents-based routing allowed THORSwap to remain competitive in a market where cost efficiency increasingly determines user flow.
This ability to adapt has been one of THORSwap’s defining traits over the years. Even during more complex periods, such as the SwapKit separation, the protocol leaned on governance through TIP proposals to recalibrate incentives and adjust its tokenomics. Today, THORSwap stands in a solid position within the ecosystem and, more importantly, is operating in a phase of growth and profitability.
📊 One of the most used frontends in the ecosystemThe numbers reflect that evolution. In 2025, THORSwap has processed over $1.28 billion in total swap volume and generated more than $5.42 million in revenue. Out of that, roughly $4.06 million has been redistributed as real yield rewards to token holders.
In 2025, THORSwap ranked fourth in affiliate fees collected across all THORChain integrators, behind larger players such as Trust Wallet, Ledger Live and THORWallet. That ranking is meaningful. It shows that even in a landscape dominated by major wallets, a native ecosystem frontend can remain competitive.
The platform now supports 25 chains, offering broad cross-chain access while keeping THORChain liquidity at its core. Route distribution has evolved over time, especially with the addition of NEAR Intents, but the foundation remains aligned with THORChain’s strengths, particularly for larger native swaps.
Full Article : https://thorswap.medium.com/thorswap-2025-year-in-review-13734f5d4c72
🏦 Redistributing value sustainablyFrom its early days, THORSwap aimed to share value with its community. Initially, this was done through emissions. That approach supported early growth, but it also introduced dilution and friction over time.
As the protocol became profitable, the tokenomics were redesigned to reflect actual performance rather than relying on inflation.
Under the new structure:
25% of revenue goes to the treasury to fund development and maintenance.55% accrues to stakers and liquidity providers through the $vTHOR, $uTHOR and $yTHOR mechanisms, distributed based on the ratio of THOR in each pool.20% is allocated to a buyback and burn programme.Stakers can choose how they receive their rewards. vTHOR auto-compounds in THOR, while uTHOR distributes rewards in USDC. As for yTHOR, it represents stakers who originated from the SwapKit separation and continue to be part of the rewards structure.
Since multiple governance-approved burn rounds and the automation of the buyback mechanism, supply has been reduced from 500 million to approximately 210 million tokens. That represents a reduction of more than 58%, and the mechanism continues as long as revenue supports it.
This shift from emissions to performance-based distribution is one of the reasons THORSwap regularly appears among higher-ranking protocols in terms of revenue per holder. Over the past 30 days, it has ranked around the top 40 on DefiLlama by “revenue to holder” metric, offering approximately 30% yield to stakers during that period.
🛣️ 2026: Metro and beyondFor the next stage of growth, THORSwap needs to evolve and meet users where they already are. That is where Metro comes in.
Metro is built to improve the mobile experience, simplify the interface, embed a native wallet, integrate fiat on- and off-ramps, and offer clearer portfolio tracking with transparent fee visibility. The objective is not to launch just another web app, but to reduce friction for everyday users who expect the kind of simplicity they are used to in traditional financial applications.
That said, this does not replace THORSwap. The existing interface will remain a key access point for users who are already familiar with the ecosystem.
Beyond Metro, further integrations are part of the roadmap. Lending, structured strategies, perps, additional chains, and deeper wallet compatibility are all logical next steps. If executed well, Metro could become a practical example of composable DeFi delivered in a format that feels intuitive at the consumer layer.
Full article: https://x.com/THORSwap/status/2018751518007238804
💭 Final thoughtsTHORSwap’s journey reflects the broader maturation of the THORChain ecosystem.
What started as a perceived “official frontend” evolved into an independent, profitable aggregator. It adapted to regulatory realities, competitive pressures, and structural changes without losing its community base.
With Metro on the horizon, THORSwap is taking another step forward. If it succeeds in expanding its reach while maintaining profitability, the outcome will be beneficial across the ecosystem. More users lead to more volume. More volume generates more revenue. And that activity ultimately strengthens THORChain itself and its stakeholders.
Few protocols survive this long. Even fewer manage to mature sustainably. THORSwap has done both, and we’re excited to see it continue to grow.
Aurory zpřístupnila hru Seekers of Tokane na Epic Games Store pro všechny hráče na omezenou dobu od 12. do 26. února. Součástí akce jsou odměny v podobě tokenů AURY v hodnotě 50 000 USD a vzácné NFT.
Aurory, a Solana role-playing and monster-battling game, has launched its Seekers of Tokane experience to the public on the Epic Games Store after previously restricting access to NFT holders and access code recipients.
Seekers of Tokane serves up a chunk of the overall Aurory experience, letting players battle with Pokémon-esque creatures (called Nefties) and explore a lush fantasy land. It plays like a “roguelike” game, in which players must grab loot and attempt to exit with their winnings—because you’ll lose everything if you perish.
The public access is available for a limited time, from February 12 through February 26, and it’s tied to the launch of an in-game event, Dracurve’s Awakening. And it’s also linked to crypto rewards, including AURY tokens and rare in-game NFTs.
Aurory will distribute $50,000 worth of AURY token rewards to players, with $35,000 of that set for Aurorian NFT owners and the rest intended for non-holders. Furthermore, the game will also offer up limited edition NFT collectibles and “Draconic Eggs.”
Beyond the split between NFT holders and non-owners, it’s not clear how Aurory plans to distribute the $50,000 worth of AURY to players, or how specifically to earn the rewards. Decrypt’s GG has reached out to the Aurory team for clarification and will update this story if we hear back.
Aurory first launched in the Epic Games Store last November with the debut of Seekers of Tokane. Operated by Epic Games, the developer of Fortnite and creator of the widely used Unreal Engine development suite, the Epic Games Store is a major mainstream PC gaming marketplace with some 230 million total users as of the end of 2022.
It has also become a prominent home for a growing stack of crypto and NFT games, including the likes of Shrapnel, Gods Unchained, and Nyan Heroes. Rival marketplace Steam, run by Half-Life and Counter-Strike developer Valve, has taken an anti-crypto stance—though some game creators have found ways around the restrictions.
The Aurory project spans multiple games, as well as multiple chains. While it started life on Solana, the game expanded to Ethereum scaling network Arbitrum last year in an effort to attract more players. However, the game’s bridge to Arbitrum was exploited for $830,000 worth of AURY in December.
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Binance delistuje šest altcoinů včetně CVP, EPX, FOR, LOOM, REEF a VGX a od 26. srpna zastaví spotové obchodování. Zároveň automaticky převede 15 dříve delistovaných altcoinů do USDC.
Binance, a leading cryptocurrency exchange, announced the delisting of six altcoins—PowerPool (CVP), Ellipsis (EPX), ForTube (FOR), Loom Network (LOOM), Reef (REEF), and VGX Token (VGX). This led to sharp price drops for each token.
Starting August 26, 2024, at 03:00 UTC, Binance will halt all spot trading for these tokens and cancel any existing orders.
Deposits for these altcoins will not be accepted after August 27, 2024, but withdrawals will be allowed until November 26, 2024. Binance may later convert these tokens into stablecoins, though this is not guaranteed.
Additionally, Binance will automatically convert 15 previously delisted altcoins into the USDC stablecoin based on user holdings as of September 2, 2024, to provide a stable value.
These altcoins include Bitcoin Gold (BTG), Bitcoin Standard Hashrate Token (BTCST), Bitshares (BTS), District0x (DNT), Groestlcoin (GRS), Hegic (HEGIC), MobileCoin (MOB), Monero (XMR), Monetha (MTH), Multichain (MULTI), Navcoin (NAV), Sologenic (SOLO), Spartan Protocol (SPARTA), Symbol (XYM), and Tribe (TRIBE).
CoW Protocol’s native token has soared 46% after South Korean exchange Upbit announced it will be listing the token on its platform on Feb. 25.
According to a recent notice, Upbit will be listing COW (COW), the CoW Protocol native token starting from Feb. 25 at approximately 20:30 KST. The Ethereum (ETH)-based token will be available for trading on the Korean won, Bitcoin (BTC) and Tether (USDT) markets. Users can begin depositing COW on Upbit at 19:30 KST.
Shortly after Upbit announced it will be listing COW, the token saw a major leap in price. COW soared as high as 46% mere minutes after the notice was posted, reaching a peak of $0.46 in daily trading. At the time of writing, COW is trading hands at $0.43.
According to the Upbit notice, the previous day’s closing price for COW was around 418 Korean won or equal to $0.29. In the past week, COW has seen a rise in value by 34.2% but it has experienced a decrease by nearly 30% in the past month.
Price chart for CoW Protocol’s native token, February 25, 2025 | Source: crypto.news The CoW Protocol native token has a market cap of $173.6 million and a fully diluted valuation which stands at $420 million. In the past 24 hours, COW’s trading volume has seen a 568.60% increase to $114 million in the past 24 hours, indicating a significant rise in trading activity.
Buy orders for COW will be restricted for five minutes after trading support begins. While all types of orders, with the exception of limit orders, will be restricted for an hour after trading support begins. Sell order prices are capped at a minimum of 10% less than the previous day’s closing price.
The CoW Protocol is a decentralized trading platform with intent-based aggregator as its main service. It also provides features like Maximal Extractable Value blockers, Remote Procedure Call solutions, and Automated Market Makers. COW is the CoW Protocol’s native token and is used for governance.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Trader vyměnil 50 432 688 USDT za zhruba 36 tisíc USD v AAVE kvůli extrémnímu slippage. Aave uvedla, že obchod byl potvrzen i přes varování, a plánuje vrátit asi 600 tisíc USD na poplatcích.
A decentralized finance [DeFi] trader executed a massive swap, exchanging over $50 million in USDT for only about $36,000 in AAVE tokens.
On-chain data shows that the user attempted to purchase AAVE using 50,432,688 USDT through the Aave interface.
The funds were withdrawn from Aave and routed through CoW Protocol. This on-chain liquidity aggregator executes trades across decentralized exchanges.
However, the transaction ultimately returned just about 327 AAVE, valued at roughly $36,297, indicating extremely high slippage.
Aave says user confirmed slippage warning Aave founder Stani Kulechov said the platform warned the trader about the unusually large order before the swap was executed.
According to Kulechov, the Aave interface flagged the trade as having extraordinary slippage. It required the user to explicitly acknowledge the risk before proceeding.
Source: X “The user confirmed the warning on their mobile device and proceeded with the swap, accepting the high slippage,” Kulechov wrote.
Because DeFi platforms are permissionless, transactions can still proceed once the user confirms the associated risks.
Kulechov noted that while such events occasionally occur in decentralized markets, the size of this particular transaction was far larger than typical trades, increasing the likelihood of extreme price impact.
CoW DAO says no exploit occurred Following the incident, CoW DAO, whose routing infrastructure facilitated the swap, said there is no indication of an exploit or malicious activity.
In a statement posted on X, the team said the transaction was executed in accordance with the parameters specified in the signed order.
“Based on what we’ve seen so far, there’s no indication of a protocol exploit or otherwise malicious behavior. The transaction executed according to the parameters of the signed order,” the team said.
CoW Protocol added that its interface, as well as the Aave interface used in the transaction, displayed clear price impact warnings for swaps of that magnitude.
The protocol said it is continuing to review the transaction and will share updates if additional details emerge.
Aave to refund $600K in fees Although the swap itself cannot be reversed, the Aave team said it plans to return approximately $600,000 in fees collected from the transaction.
Kulechov said the team is also attempting to contact the trader involved.
“We sympathize with the user and will try to make contact with the user,” he said.
The incident has also prompted discussion within the DeFi community about whether additional safeguards could help prevent similar outcomes in the future.
Final Summary A trader attempting to buy AAVE with $50 million USDT received only about $36,000 worth of tokens due to extreme slippage. Aave and CoW Protocol say the trade executed as signed and showed clear price impact warnings. At the same time, Aave plans to refund about $600,000 in fees collected from the transaction.
Grayscale Investments has launched the Grayscale Dogecoin Trust, offering investors exposure to Dogecoin (DOGE)
Grayscale Investments has launched the Grayscale Dogecoin Trust, offering investors exposure to Dogecoin (DOGE), a cryptocurrency with a $49.7 billion market cap that has evolved from a meme coin to a tool for global financial inclusion, grassroots activism, and a viable means of payment.
The trust, which charges a 2.5% fee, is available to eligible accredited investors and is part of Grayscale's portfolio of over 25 crypto investment products.
According to Rayhaneh Sharif-Askary, Grayscale's Head of Product & Research, Dogecoin's low transaction costs and rapid transfer speeds make it an optimal vehicle for international remittances, particularly in regions with underdeveloped banking infrastructure. The launch comes amid a flurry of applications for memecoin exchange-traded funds (ETFs) following a shift towards a more crypto-friendly regulatory environment under President Donald Trump.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
Dogechain začne tento měsíc vypínat služby a bridge zůstane otevřený už jen přibližně 60 dní. Držitelé by měli co nejdříve vybrat svá aktiva, jinak mohou zůstat nedostupná.
One of the most recognized figures in the Dogecoin community, Mishaboar, has issued a critical warning to users as Dogecoin’s layer two network Dogechain prepares to begin its shutdown process this month. According to official statements, all services on the network will cease, and users must move their assets before the bridge mechanism is permanently disabled.
Two-month transition period announcedThe Dogechain team has confirmed it will discontinue the project, citing current market conditions making it increasingly difficult to sustain and maintain the network. Dogechain has been known as an infrastructure offering decentralized finance applications, gaming projects, and NFT capabilities for the Dogecoin ecosystem.
Glossary: A layer two is a system built atop the main blockchain that enables additional use cases by processing transactions on a separate infrastructure. A bridge is a technical tool that allows assets to be transferred between different networks.
According to information released by the team at the beginning of the month, the Dogechain bridge will remain operational for roughly 60 more days. After this period, the bridge will shut down completely. All users are strongly advised to withdraw their assets, close any open positions, and finalize their liquidity transactions within this timeframe to avoid issues.
Before Dogechain services shut down, users must withdraw their assets via the bridge; assets left on the network may become permanently inaccessible, the team emphasized.
Mishaboar urges not to waitHighlighting that millions of DOGE remain bridged on Dogechain, Mishaboar called on Dogecoin holders to act without delay. His posts underline that once the shutdown procedure is complete, assets remaining on the network may no longer be reachable by their owners.
It’s not only DOGE at risk; tokens issued on Dogechain and other digital assets could also be permanently lost after the bridge’s closure. The announcements also warn that retrieving historic blockchain data and network status from the Dogechain infrastructure may no longer be possible.
TitleStatusDuration bridge remains openApproximately 60 daysUser action requiredWithdraw and transfer assetsPotential outcome after periodAssets left on the network may become inaccessibleSecond major security warning in JuneEarlier in June, Mishaboar had issued another warning to veteran Dogecoin users. In that message, he called on Dogeparty users to swiftly move their funds out of old wallet addresses as a precaution.
Dogeparty, a tokenization platform operating on the Dogecoin blockchain, had announced that transactions involving DOGE and tokens continue from wallets dating back to 2014. The shared information indicates a vulnerability likely stemming from the seed generation used in the first web wallet, mostly affecting Dogeparty wallets created in 2014 and 2015. As a result, urgent wallet migration was strongly recommended for account safety.
The Dogeparty team stated that wallets created during 2014 and 2015 might have been exposed to a security flaw, which makes it critical to move assets to new addresses immediately.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Inverse Finance získal od investorů z DeFi 2,6 mil. USD na pokrytí špatného dluhu a snížil jeho zůstatek na 3,4 mil. USD. Tokeny Inverse byly prodány za 25 USD za kus.
The DeFi lending protocol still has $3.4 million in outstanding bad debt.Bad debt came from malicious exploits from three years ago.DeFi lending protocol Inverse Finance, with more than $178 million in investor funds, has patched a $2.6 million bad debt hole in the project’s finances.
A bad debt happens when a loan position cannot be repaid because the collateral used to borrow funds has lost a lot of its value, which leaves the lender with a hole in their finances. It can happen due to malicious exploits that drain liquidity from lending pools or a massive market decline that causes the price of collateral tokens to plummet.
On Monday, Inverse Finance secured funds to service the bad debt by selling 104,000 of its native Inverse tokens to a cohort of DeFi investors. The token sale was for 25 Dola per Inverse token, to raise the $2.6 million required.
Dola is the protocol’s dollar-pegged stablecoin, while the Inverse token controls the protocol and absorbs financial risks. The latter is also the governance token for the DAO that controls the protocol.
Given the relationship between both tokens, the deal effectively means investors are betting that the Inverse token’s long-term growth potential can cover the bad debt liability, and the DAO proposal for the move did not hide this trade-off.
“This is our way of sending a message to everyone that Inverse DAO never abandons its users always repays its debts,” Nour Haridy, Inverse Finance founder, told DL News. Haridy called the repayment “an investment into the future.”
Hello! This chart will be available in a few moments
Inverse Finance TVLThe Inverse tokens acquired by the investors will be locked for six months. Inverse tokens traded for more than $43 on Monday, a 72% premium on the cost basis of the DeFi investors.
The bad debt traces back to malicious exploits on Inverse Finance lending markets that have since been deprecated. Those defunct lending markets suffered two malicious exploits in April and June 2022 that resulted in more than $24 million in losses.
A portion of the bad debt also comes from Euler Finance’s $200 million flash loan attack of March 2023. Euler has since recovered the hack and now holds more than $1 billion in investor assets, a 10-fold growth in 2025.
‘A moral obligation’Monday’s repayment whittles the protocol’s bad debt exposure to $3.4 million, which the DAO plans to cover by borrowing from 40acres.finance, another lending protocol.
Haridy said the protocol didn’t have a choice but to cover the bad debt.
“Dola would’ve collapsed due to the elevated bad debt levels back then and more people would lose their money,” Haridy said. “We had a moral obligation towards people who trusted Dola with their hard earned money and we chose to fulfill this obligation.”
The repayment also comes as the protocol reached $100 million in loans on its fixed-rate lending market platform FiRM, another sign of recovery for a protocol that has suffered multiple crises.
Osato Avan-Nomayo is our Nigeria-based DeFi correspondent. He covers DeFi and tech. Got a tip? Please contact him [email protected].
Manipulace s cenou sDOLA na LlamaLend vyvolala likvidaci 27 uživatelů a ztráty kolem 240 000 USD. Inverse Finance uvedla, že její vlastní protokol zasažen nebyl.
Around $240K in losses occurred when sDOLA price manipulation triggered the liquidation of 27 users on LlamaLend. Inverse Finance confirmed that its own protocol was not affected. A recent suspicious transaction caused around $2,40,000 in losses, initially reports suggested Inverse Finance users were affected, but the losses were due to an sDOLA price manipulation that triggered multiple liquidations.
The incident was first reported by BlockSec Phalcon in its X platform on March 2. As it said, “As it is unclear whether additional users may still be affected, we are withholding further technical details at this time. Please take immediate action if you are exposed.”
Then, after a few hours, CertiK Alert also confirmed the incident that an attacker exploited a around $30 million flash loan to manipulate the sDOLA balance on Inverse Finance, leading to incorrect collateral values. Which triggered the liquidation of 27 users’ DOLA-backed positions, allowing the exploiter to profit by about $240,000 in a single transaction.
False. Inverse Finance was NOT affected. It's simply an incident in an external protocol that uses DOLA token. Please correct this.
— nour (@NourHaridy) March 2, 2026 After hours of reports from BlockSec Phalcon, in response, Founder and developer of Inverse Finance, Nour Haridy said, “False. Inverse Finance was NOT affected. It’s simply an incident in an external protocol that uses the DOLA token. Please correct this.”
In addition, YAM, a DeFi community of sharing insights, posted that this was not an attack against Inverse Finance, but an issue with LlamaLend. The attacker liquidated the majority of users who possessed sDOLA and borrowed crvUSD, temporarily adjusting the sDOLA pricing from about 1.188 to 1.358 per DOLA.
Also, mentioned, “We don’t understand yet how this actually liquidated users. It’s clearly unintentional behaviour, the value of your collateral going up should move you further away from liquidation, not closer.”
Later, BlockSec Phalcon said, “Correction: After further investigation and discussion with@InverseFinance, we confirm that its contract was not affected by the attack.” It was a user loss on LlamaLend due to a flash loan exploiting a faulty oracle configuration in the sDOLA–crvUSD pool.
With that, this is not the first time Inverse Finance has encountered issues with DOLA and its money-market platform, Frontier. In April 2022, Frontier was known as Anchor, and a hacker used a price oracle to steal $15.6 million. They increased the value of $INV tokens, allowing them to borrow against collateral while withdrawing ETH, WBTC, YFI, and DOLA.
Writer with roots in journalism and international relations, actively exploring blockchain and crypto, with curiosity for the field and a passion for simplifying complex ideas.
Clearpool spojil síly s Cicada, aby posílil řízení rizik v PayFi lendingu a přilákal institucionální hráče. Cicada už poskytl více než 850 mil. USD úvěrů s mírou defaultu 1,2 %.
Sujha has been recognised as 🟣 Women In Crypto 2024 🟣 by BeInCrypto for her leadership in crypto journalism.
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Last updated:
August 12, 2025
Clearpool, a decentralized capital markets ecosystem, has partnered with on-chain credit risk management company Cicada in a move to institutionalize PayFi lending with improved risk management.
In an announcement shared with Cryptonews on Monday, the partnership will boost Clearpool’s credibility and risk management in PayFi lending. Cicada will structure and underwrite PayFi lending opportunities and serve as the administrative agent for select Credit Pools.
Cicada has underwritten more than $850m in loans at a 1.2% default rate during the prior cycle.
🤝 Clearpool has partnered with Cicada to institutionalize PayFi lending with risk-managed Credit Pools
Cicada is an on-chain credit risk management company founded by a seasoned team of former buy- and sell-side credit professionals. Cicada’s co-founders have deep crypto… pic.twitter.com/JY79tNCVqE
— Clearpool (@ClearpoolFin) August 11, 2025 Clearpool’s partnership with Cicada could shake up the lending space, bringing more institutional players into the DeFi fold.
Clearpool Expands to Payment Financing or PayFiAccording to Jakob Kronbichler, CEO of Clearpool, Cicada’s risk management integration would strengthen Clearpool’s institutional infrastructure for PayFi lending.
“While stablecoin settlements are instant, underlying fiat flows are not, forcing fintechs to bridge liquidity gaps,” he said. “This partnership enhances our proven credit framework and supports the growth of the emerging trillion-dollar stablecoin payment ecosystem.”
Clearpool will be launching PayFi Credit Pools for users to access these highly liquid, real-world yield opportunities. This means facilitating credit to institutional lenders specializing in short-term stablecoin-based working capital to fintech operators.
It will also launch cpUSD, a permissionless, yield-bearing asset, which will enable retail to tap into real-world stablecoin payments.
Cicada offers Risk-as-a-Service (RaaS) Solutions to DeFi Protocols On the other hand, Cicada offers Risk-as-a-Service (RaaS) solutions, including third-party underwriting, pool management for DeFi protocols and risk structuring.
“Partnering with Clearpool allows us to elevate PayFi lending by combining our underwriting and risk management expertise with their innovative credit products,” said Sefton Kincaid, Managing Partner of Cicada Partners.
The partnership will accelerate the adoption of PayFi by laying the groundwork for more safer, transparent and scalable stablecoin ecosystem.
“Together, we’re advancing professionally managed Credit Pools and strengthening Clearpool’s offering to borrowers and lenders in the growing stablecoin economy,” Kincaid added.
Clearpool has announced its groundbreaking collaboration with Plasma, marking a significant step forward in redefining the landscape of global payments. This partnership aims to empower Plasma’s mainnet by building a flagship yield-bearing stablecoin, cpUSD. With this, the platform is set to pave the way for a scalable and credit-backed stablecoin liquidity among both emerging and developed markets.
Clearpool 🤝 @PlasmaFDN: Two Forces, One Vision
Clearpool is launching cpUSD on Plasma.
Our flagship yield-bearing asset is powered by PayFi Vaults, which finance short-term credit for stablecoin-settled payments from remittances to card processors.
This partnership scales… pic.twitter.com/LpsZ6rVed7
— Clearpool (@ClearpoolFin) September 24, 2025 Clearpool, a decentralized marketplace for unsecured liquidity, has announced the news through its official X account. The other partner, Plasma, is a purpose-built blockchain for stablecoin transactions.
Clearpool and Plasma to Bridge cpUSD with Plasma’s Payment Infrastructure With this partnership, Clearpool and Plasma are poised to expand their shared vision while laying the foundations for DeFi integrations. They both aim to scale stablecoin-powered liquidity to advance global payments. Clearpool’s cpUSD is powered by PayFi Vaults, offering yield-bearing opportunities to fulfill the short-term financial credit needs of institutional lenders, including remittances and card processors. These credit channels are infused with Plasma to execute a chain that is especially created for payment efficiency and scale.
Plasma is supported by Founders Fund, Bitfinex, and Framework Ventures. At the time of launch, the network boasted more than $2 billion in stablecoin TVL. Plasma offers zero-fee USDT transfers, complete EVM compatibility, and partnerships with major DeFi protocols such as Aave and Euler.
With this, the platform strives to cement its position as a cornerstone for the stablecoin ecosystem. In this way, Plasma becomes the ideal home for Clearpool’s cpUSD. Through this integration, the platform is set to expand its utility for trading, lending, settlement, and collateralized DeFi applications.
Clearpool’s cpUSD is built to maximize utility along with stability, allocating 75% PayFi Vaults and 25% to liquid yield-bearing stablecoins for redemption flexibility. Plasma’s mission perfectly aligns with this structure, skimming high-volume stablecoin flows. Clearpool, by combining efforts with Plasma, aims to foster a vision for stablecoins to go beyond speculative use cases.
The CEO and Co-founder of Clearpool, Jakob Kronbichler, states that, “Plasma is creating the payments infrastructure that stablecoins have always needed.” Paul Faecks, the counterpart at Plasma, echoed the statement by saying, “By bringing cpUSD to Plasma, we’re ensuring that fintechs can access credit at scale on a chain built for their core use cases.”
The two platforms are poised to unite Clearpool’s credit solutions with Plasma’s payment infrastructure. With this, both strive to pave the way for the next level of stablecoin adoption. There, the stablecoins can move the world, not just a market.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Clearpool obnovuje zpětné odkupy CPOOL z výnosů z Dynamic Pools, Clearpool Prime, Credit Vaults a USDX T-Pool. Polovina tokenů půjde do Clearpool Rewards, druhá do Clearpool Reserve.
TLDR: Clearpool will repurchase CPOOL using revenue from its pools, vaults, and Prime protocol operations. 50% of all repurchased CPOOL will go to Clearpool Rewards, supporting token holder incentives. The remaining 50% of tokens will strengthen the Clearpool Reserve for future ecosystem growth. Buybacks were paused as Clearpool prepared its Fintech Vault and PayFi product expansion.
Clearpool is reviving its buyback program, marking a fresh chapter for the DeFi lender’s growing ecosystem.
The protocol confirmed it will repurchase its native token, CPOOL, from the open market using revenue from recent quarters. This follows months of strategic pause as the team refined its direction and rolled out new products. The initiative signals a renewed commitment to value capture within its ecosystem.
CPOOL Buyback Program Resumes With New Funding Source According to Clearpool’s announcement, the buyback initiative will draw on revenue generated from Dynamic Pools, Clearpool Prime, Credit Vaults, and the USDX T-Pool. These sources have built consistent inflows since the protocol’s last operational update.
The company stated that buybacks had been paused in earlier quarters as it finalized a shift in product strategy.
That adjustment is now reflected in new launches such as the Fintech Vault and PayFi. These products extend the protocol’s lending capabilities to a wider market segment while diversifying its revenue base.
With these expansions live, Clearpool will begin acquiring CPOOL again in structured cycles. The buyback activity is expected to provide steady demand for the token while reflecting the project’s long-term growth approach.
The new plan formalizes a balance between ecosystem sustainability and holder incentives, two themes central to the project’s recent roadmap.
Clearpool is resuming its buyback program to purchase $CPOOL from the open market, initiating a series of planned buybacks.
The program will utilize revenue generated from recent quarters across the full Clearpool ecosystem, including Dynamic Pools, Clearpool Prime, Credit… pic.twitter.com/NOFWFnYopz
— Clearpool (@ClearpoolFin) October 20, 2025
Half of Purchased Tokens Head to Rewards and Reserve Funds Clearpool outlined that 50% of all repurchased CPOOL tokens will be deposited into Clearpool Rewards, a system designed to enhance community participation. The other half will be directed to the Clearpool Reserve, supporting ecosystem development and liquidity measures.
This split aims to ensure that both users and the protocol benefit from ongoing buybacks. It also positions Clearpool’s treasury to respond more flexibly to future market conditions.
Analysts observing the update suggested that this structure could add steady pressure on circulating supply while reinforcing protocol backing. While no timeline for completion was disclosed, the strategy implies buybacks will occur periodically as revenue accumulates.
By reinvesting operational income into its native token, Clearpool continues aligning revenue performance with community growth. The model reflects a tightening link between its ecosystem’s utility and the underlying asset’s activity.
South Korea-based cryptocurrency exchange Upbit has announced new market support for the digital asset Clearpool (CPOOL). The exchange announced that CPOOL will be listed on KRW (Korean Won), BTC (Bitcoin), and USDT (Tether) trading pairs.
Upbit Announces New Market Support for Clearpool (CPOOL) According to the statement, CPOOL deposits and withdrawals will become active within 1 hour and 30 minutes of the announcement. CPOOL spot transactions will begin at 4:30 PM on October 22nd.
CPOOL will be traded on the Ethereum network. Upbit emphasized that users should carefully select the correct network before depositing assets. It warned that assets sent via different networks may not be processed and that the refund process may take longer.
During the new listing, various trading restrictions will be implemented to counter market volatility:
Buy orders will be closed during the first 5 minutes after the trade is opened.
Sell orders cannot be placed 10% below the previous day's closing price.
Only limit orders will be accepted for 2 hours after the start of trading.
Clearpool operates as a decentralized lending marketplace offering collateral-free lending to institutional investors. The project aims to strengthen the bridge between traditional finance and DeFi (decentralized finance). The platform provides institutional lending infrastructure through various products, including PayFi Vault, USDX Treasury Pool, Dynamic, and Prime lending pools.
The CPOOL token is used for staking, governance, and incentive mechanisms on the network.
With this move, Upbit aims to expand access to DeFi-based lending protocols and increase liquidity options for institutional users.
*This is not investment advice.
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CPOOL, the native token of the DeFi institutional credit protocol Clearpool, went parabolic after Upbit announced its listing.
Summary
Clearpool price rose over 70% after Upbit announced support for the token. A descending parallel channel pattern has formed on the daily chart. A clean breakout from $0.172 level could potentially lead to over 40% upside for CPOOL. According to data from crypto.news, Clearpool (CPOOL) rallied 72% to an intraday high of $0.172 before settling at $0.134 at the time of writing.
CPOOL’s gains came along with a 780% surge in its daily trading volume in the spot market, hinting at robust demand from investors. Data from CoinGlass also pointed to a massive uptick in open interest in its futures market, with OI rising nearly 3,000% to $3.69 million, suggesting growing speculative interest.
A closer look at the long/short ratio across all exchanges also stood at 1.14. This means that a larger number of traders have leaned into bullish bets, a factor that could continue to drive positive sentiment among new investors.
Clearpool’s price shot up today shortly after the South Korean crypto exchange Upbit announced it would list the token on its platform. Listings on major exchanges like Upbit, which boasts the highest trading volume in South Korea, often enhance a token’s visibility and credibility, attracting a wave of new investors and triggering sharp price gains.
As earlier reported by crypto.news, ORCA, the native token of the Solana-based DEX Orca, rallied over 200% shortly after a similar listing announcement from Upbit.
However, investors should note that listing-based, community hype-driven rallies often face sharp pullbacks within days as traders start booking profits.
For the uninitiated, Clearpool is a decentralized institutional credit protocol that connects verified institutional borrowers with unsecured liquidity from DeFi lenders. The CPOOL token enables staking, governance, and incentivizes participants within the Clearpool protocol.
Clearpool price analysis On the daily chart, CPOOL price has broken out from the upper boundary of a descending parallel channel that had been forming since mid‑August.
Clearpool price has broken out of a descending parallel channel pattern on the daily chart — Oct. 22 | Source: crypto.news Descending parallel channel patterns usually show a token making lower highs and lower lows. The price moves within two downward-sloping, parallel lines, forming a steady downtrend. If the price breaks above the top line, it often signals a bullish reversal. But if it breaks below the bottom line, it usually means the downtrend will continue.
Technical indicators support the bullish picture at press time. Notably, the MACD line has crossed above the signal line, indicating momentum is continuing to shift in favor of bulls. Meanwhile, the RSI has climbed sharply to 57, moving above its neutral zone, which in turn suggests renewed buying pressure.
For now, the key resistance lies near $0.172, the intraday high formed earlier today. This level also coincides closely with the 61.8% Fibonacci retracement drawn from the Aug. 23 high to the Oct. 10 low, a critical zone that often acts as a major inflection point.
A decisive break above this resistance could instill bulls to target $0.190, a level where buying momentum had previously stalled, making it a key psychological barrier in the short term. The said level lies 42% above the current price level.
On the downside, a drop below $0.116, corresponding to the 23.6% Fibonacci retracement level, could invalidate the current rally and tilt momentum back in favor of the bears.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
ACX, the native token of Across Protocol, has dropped sharply following serious allegations of insider self-dealing involving $23 million in decentralized autonomous organization funds.
The token is trading at $0.1342, down 10% in the past 24 hours and over 40% in the past month. It’s now 91% below its all-time high of $1.69 set in December 2024.
The allegations were made public on June 27 by Ogle, the pseudonymous founder of Layer 1 project Glue and advisor to World Liberty Financial. In a detailed post on X, Ogle accused the Across Protocol team, particularly project lead Kevin Chan and chief executive officer Hart Lambur, of orchestrating two secretive proposals that directly benefited their own company using undisclosed wallets.
TLDR: Across Protocol/Bridge ($ACX) team used secret votes to extract ~$23m from the Across DAO’s treasury for their own private company's benefit.
Background: I’ve many times posted about DAOs that are DAOs “in name only” – that is, organizations that pretend to be run by “the…
— ogle | glue.net (@cryptogle) June 26, 2025 These proposals, made to appear as having community support, transferred 150 million ACX tokens worth about $23 million at current prices to Risk Labs over two separate governance votes. The first vote in October 2023 granted 100 million ACX under the pretense of future development support, with claims that the tokens would not be sold for two years.
But soon after, Risk Labs allegedly began selling token option agreements to external investors A second vote, for “retroactive funding” of 50 million ACX, passed primarily due to insider-controlled wallets. Without those votes, it would not have reached quorum.
The report argues that such actions run counter to DAO governance principles and create significant future sell pressure, especially harmful to ACX holders unaware of the conflicts of interest behind these decisions. Across Protocol has not publicly responded to the allegations at the time of writing.
Looking at the technical picture, the chart shows clear downward pressure. The token is currently hugging the lower Bollinger Band at $0.1308 and trading below its 20-day simple moving average of $0.1597. At 31.27, the relative streghth index, which is trending downwards, is close to oversold territory.
ACX price analysis. Credit: TradingView More declines may occur if the price breaks through the $0.13 support zone. Some investors may watching for a bounce move back toward the mid-Bollinger band despite the sell-off. However, in the short term, upward momentum might be limited due to deteriorating sentiment and eroded trust in the team.
Across Protocol zvažuje přeměnu z DAO na americkou C-corporation a nabídne držitelům ACX buď akcie, nebo odkup za USDC za 0,04375 USD s šestiměsíční lhůtou k rozhodnutí. Síť má dál fungovat bez přerušení.
Across Protocol, a Paradigm-backed blockchain interoperability protocol, has posted a temperature check proposal exploring a transition from a decentralized autonomous organization and token structure to a U.S. C-corporation and equity structure.
Under the plan, a new entity called AcrossCo would become the operating company behind Across Protocol. ACX tokenholders would then have two options: equity exchange and token buyout. The equity exchange option involves exchanging ACX for equity in AcrossCo. Larger holders would exchange directly, while smaller holders could participate through a no-fee special purpose vehicle structure. The token buyout option would allow holders to redeem ACX for USDC at $0.04375, a 25% premium to the one-month average market rate, with a six-month window to decide.
Across said becoming a private company, with tokenholders offered equity or a “fair” exit, would likely better serve the protocol’s long-term growth. The team said the underlying protocol would continue operating without interruption. AcrossCo would hold the intellectual property and manage development, partnerships, and commercialization, while the infrastructure itself would remain open and permissionless.
"I believe this proposal lets us double down on our future while benefiting all existing tokenholders," said Hart Lambur, Co-founder of Across Protocol.
The current DAO structure Currently, Risk Labs Foundation, the team behind Across Protocol, as well as UMA Protocol, a decentralized oracle, manages the Across protocol. The foundation has been building Across for over four years and says the protocol has processed more than $35 billion in volume and co-created the ERC-7683 cross-chain intents standard. Across Protocol is an intents-based interoperability protocol that connects blockchains such as Ethereum and Solana, allowing users to bridge and swap tokens across networks.
Across Protocol has raised a total of $51 million through two token funding rounds. Its most recent $41 million round last year was led by Paradigm, with participation from Bain Capital Crypto, Coinbase Ventures, and Multicoin Capital.
The team said the transition to a C-corporation and equity structure is being explored as demand for the protocol’s infrastructure grows, particularly from institutional partners. Across said the current DAO structure can create limitations when working with enterprise partners, which often require enforceable contracts and a clear legal counterparty.
"As institutional demand for Across infrastructure has grown, the current DAO structure has become a bottleneck," the team said. "Enterprise partners need enforceable contracts. Revenue agreements need a legal counterparty. The kinds of deals that would drive the next phase of growth require a structure that a DAO, today, simply can't provide."
If community sentiment is positive, the team will then move to posting a formal governance proposal two weeks after the temperature check, Lambur told The Block.
A majority vote would determine the outcome, Lambur added. For example, if 20% of voters abstained and the result was 41% in favor and 39% against, the proposal would still pass, he said.
"The community decides whether any of it happens," Across said. "Nothing moves forward without community approval."
The ACX token was trading at around $0.035 at the time of writing, up nearly 4% over the past 24 hours but down about 84% over the past year, according to The Block’s ACX price page.
Updated to include the proposal link and pricing details.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
Obyte k 25. prosinci 2025 oslavil deváté výročí a spustil plné on-chain řízení, takže držitelé GBYTE mohou hlasovat o upgradu a vybírat Order Providers. Projekt zároveň v červnu 2025 přidal Obyte City a chystá další DeFi, sociální aplikace a sidechainy pro rok 2026.
Obyte marks its ninth anniversary with new governance, DeFi apps, and a virtual city built on its DAG-based, fully decentralized crypto network.
Summary
Obyte’s DAG-based network now runs full on-chain governance, letting GBYTE holders vote on upgrades and select Order Providers that keep the DAG synchronized. 2025 milestones include CariPower’s election as first community Order Provider and the launch of Obyte City, a virtual grid where plots and houses are governed on-chain. The roadmap adds Obyte Friends for social rewards plus new DeFi, social apps, and sidechains, expanding Obyte’s ecosystem beyond core payments and token tools. Obyte, a decentralized cryptocurrency network, reached its ninth anniversary on December 25, 2025, marking nine years since its launch as Byteball in 2016, according to the project’s official blog.
Obyte develops new ecosystem The platform has expanded its ecosystem in 2025 with new community-focused applications and governance structures, the blog stated.
Obyte operates on a directed acyclic graph (DAG) architecture and offers multiple decentralized tools, including ODEX for token swaps, Oswap.io for liquidity provision, and the Counterstake Bridge for cross-network asset transfers. The platform also supports trading on centralized exchanges including NonKYC.io and Biconomy.
The network’s infrastructure includes Autonomous Agents, smart contracts, attestations, private tokens, and token creation capabilities. Additional features include Prophet for prediction markets, Kivach for open-source project donations, and Pythagorean Perpetual Futures for advanced trading.
In late 2024, Obyte implemented a major network upgrade introducing full on-chain governance, allowing GBYTE token holders to participate in network decisions through a dedicated governance site, according to the announcement.
In March 2025, the network selected its first Order Provider through decentralized community voting. Order Providers operate public nodes that send periodic transactions to maintain DAG synchronization, though they cannot approve, block, or censor transfers, the blog explained.
CariPower, a renewable energy company based in the Caribbean, became the first Order Provider selected through on-chain governance after receiving over 31,000 GBYTE votes. The company has stated plans to explore distributed ledger applications for peer-to-peer energy markets and infrastructure.
In June 2025, Obyte launched Obyte City, a virtual environment where users can purchase plots on a digital grid. The system assigns random coordinates to purchased plots, and when two unbuilt plots are positioned adjacently, both owners receive a house and two additional plots by connecting through Discord or Telegram, according to the platform description.
Plots are priced in CITY tokens, which are tradeable on Oswap.io. The City operates through Autonomous Agents on the Obyte DAG, with limited settings adjustable through on-chain governance by plot owners.
The project announced plans to launch Obyte Friends, described as a community engagement platform that will reward users for daily social interactions and promoting the network. Additional decentralized finance applications, social systems, and sidechains are planned for 2026, the blog stated.
Aventus spouští Aventus 2.0, který má podpořit podnikové využití v ekosystému Polkadot. Aktualizace přidává model appchainu Layer 3, liquidity mining na Uniswapu a mechanismus burn pro AVT.
London, United Kingdom, October 22nd, 2024, Chainwire
Aventus, a leading provider of enterprise blockchain solutions and parachain on Polkadot, today confirms the launch of Aventus 2.0, an evolution of the Aventus Network aimed at establishing a stronger foundation for long-term growth and value capture.
The update introduces several strategic initiatives designed to enhance network performance and stakeholder utility, including increasing transaction volume and overall network usage, expanding the ecosystem through successful partnerships with Layer 3 appchains, enhancing token holder engagement via a liquidity mining program, and reducing token supply via a burn mechanism.
The vision for Aventus 2.0 was developed by MVP Workshop, a Blockchain Product Research & Development Studio who designed Polygon Edge and Astar Network, in collaboration with Scytale Digital and the Aventus Services team.
Following the approval of a community governance proposal in which AVT token holders voted in favour of executing this vision, the Aventus Services team will implement the Aventus 2.0 plan over the next four months. This process underscores Aventus’s commitment to stakeholder-driven decision-making, ensuring that major network decisions are made through community consensus.
Aventus 2.0 comprises three main components:
A Layer 3 appchain model, whereby enterprises are able to operate on the Aventus Network and benefit from the security, scalability, interoperability and decentralised infrastructure offered by the Aventus ecosystem. A liquidity mining program on Uniswap, including a custom user-friendly dApp, to enhance token holder engagement. Appchains are also able to request grants from Aventus community treasury and launch their own liquidity mining programs to drive liquidity for their own tokens, contributing a portion of their token supply and network fees to the Aventus treasury to support the broader Aventus ecosystem and its development. A new collator rewards mechanism to ensure a secure and efficient Aventus Network, alongside an automatic burn mechanism for a portion of gas fees to reduce the overall supply of AVT tokens in circulation. Alan Vey, Founder at Aventus, commented: “Aventus 2.0 builds on important learnings from existing Aventus Network clients as well as the invaluable expertise of our partners at MVP Workshop & Scytale Digital, and represents a significant milestone in our journey to enhance the Aventus Network’s capabilities and deliver greater value to stakeholders.”
The appchain model is already seeing traction, with existing users of the Aventus Network having recently launched their own Aventus Layer 3 appchains.
Barry Helfrich, CIO at Enigmatic Smile, adds: “We needed the Voucher Ledger solution to be secure, fast and stable enough to process the discounts collected by hundreds of millions of users in our rewards ecosystem — no small feat, but Aventus has helped us build such a solution. The team has been helpful, professional and responsive throughout the process. We’re looking forward to continuing our long-standing relationship with them.”
The updated network will provide enhanced functionality and improved user experiences, positioning the Aventus Network as a trusted leader in enterprise blockchain solutions and key contributor to enterprise use cases within the Polkadot ecosystem.
About Aventus
Aventus transforms how customers create trust and unlock growth, crafting pioneering Web3 solutions for brands, from creating more connected, integrated experiences to enhancing traceability, transparency, and product authentication. Founded in 2020, Aventus is the only trusted digital product extension platform that provides a secure and reliable Web3 environment for customers to launch market-leading programs and product activations.
With deep industry expertise and a strong understanding of enterprise needs, Aventus delivers one the best feature sets of Web3 with the familiarity of Web2, driving significant brand reputation, trust, and enterprise growth for its customers. Its production-ready, end-to-end Blockchain-as-a-Service software is modular, scalable, and interoperable, giving clients the flexibility they need to respond to rapidly-evolving market opportunities.
For more information, users can visit: www.aventus.io, and also their X, LinkedIn and Telegram.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Po hacku WazirX bylo ukradeno všech 5 milionů PUSH držených na burze a token spadl o 48 %. Push Protocol uvedl, že v oběhu je 60 milionů tokenů a 55 milionů zůstává komunitě a na dalších burzách.
The entire reserve of PUSH tokens held on WazirX was stolen following the recent security breach, resulting in the theft of over $230 million in digital assets. The hack, which occurred on July 18, 2024, has sent shockwaves through the crypto community and led to a significant drop in the value of affected tokens.
Per Push Protocol, the developer of the PUSH token, the exploiter, sold 100% of the PUSH token reserves belonging to WazirX users. This massive sell-off contributed to a 48% decline in PUSH token value. The stolen PUSH tokens have been traced to an Ethereum address identified by Push Protocol. As of press time, PUSH has recovered to 23% to $0.099, resulting in a net 34% decline since yesterday.
Harsh, the founder of Push Protocol, provided an exclusive comment to CryptoSlate, stating, “We are currently communicating with the WazirX team to see what can be the plan of action,” indicating that efforts are underway to address the situation and potentially mitigate the impact on affected users.
WazirX took immediate action in response to the hack, temporarily suspending all deposits and withdrawals to prevent further losses. The exchange has also launched a bounty program offering up to $23 million for information leading to the recovery of the stolen funds.
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ZachXBT has suggested that the hack may be linked to North Korean actors based on similarities in the types of services used and transactional behavior observed in past attacks attributed to North Korean hackers.
Push Protocol has a circulating supply of 60 million tokens. Harsh commented,
“100% user reserves on the exploited exchange (Wazirx) was sold. Remaining 55M stays with the community and with other exchanges, users, investors, etc.”
Podle Nansen už v peněžence hackera WazirX zůstává jen asi 5 milionů USD poté, co prodal Uniswap, Chainlink i The Sandbox. Největší tlak byl na Chainlink a PUSH.
The entity behind the WazirX exploit has liquidated a good portion of its ill-gotten gains, which analysts have noted has had a major impact on some prices.
Alex Svanevik, CEO of blockchain analytics firm Nansen, pointed out on Twitter that the entity behind the hack of Indian exchange WazirX—suggested to be a North Korean hacking group—became the top Uniswap (UNI) seller. Nansen data for UNI shows that the address in question has sold $859,514 worth of the token over the last seven days.
The @WazirXIndia Exploiter is back on the move...
In the past hour, they've moved 21.16b $BOB ($800k) and some smaller holdings that have also been sold. And a further 6.7m $CHR ($1.6m), was sent to a separate address and was sold a few minutes ago
This is after the… pic.twitter.com/L0zPf8Id0O
— Nansen 🧭 (@nansen_ai) July 22, 2024
Similarly, the presumed North Korean hacker group also topped the sale charts for Chainlink (LINK) and The Sandbox (SAND). Nansen data shows that the hacker sold over $2.77 million of Chainlink and $1.6 million of SAND over the last seven days.
Later, the firm's main account sent a tweet saying that there's now only $5 million worth of funds left in the exploiter's wallet. The remainder is mostly comprised of Celer Network (CELR), Ooki (OOKI), and Frontier (FRONT).
Market reacts to WazirX hacker's sellingDespite this, according to CoinMarketCap data, Chainlink is trading at $14.16 after seeing a 2.57% gain over the last seven days. Similarly, The Sandbox is trading at $0.3371 after seeing 3.61% worth of gains over the last seven days. Uniswap is trading at $7.91 after trading in the red for most of the last seven days—even before the hack—and lost 6.1% over the last seven days.
The same cannot be said about Push Protocol (PUSH). The token has dropped 24% over both the last seven days and 32% in the last 24 hours. It's now trading at $0.1027 after rebounding 28% from its $0.08022 low reported earlier on Monday. Nansen data shows that the WazirX hacker wallet sold $529,167 worth of PUSH over the last da—with the next top seller only having sold $11,133, highlighting the low liquidity.
Push Protocol and The Sandbox 24-hour price chart. Source: CoinMarketCapPush Protocol & The Sandbox 24-hour price chart. | Source: CoinMarketCap
The difference in impact is to be largely attributed to the different levels of liquidity. Push Protocol has a market cap of under $6.2 million and a 24-hour volume of under $4.9 million as of press time.
Hi Push Community
As you may know, WazirX exchange has been the victim of a hack that exposed several coins, and unfortunately, PUSH as well. We have traced them to this address: https://t.co/NA2ObL7eM6 exploiter of the exchange has sold 100% of the reserve of PUSH tokens… pic.twitter.com/m43ec4TrME
Chainlink has a market cap of nearly $8.6 billion and a volume of over $421 million, whereas The Sandbox has $767 million and $69 million respectively. Uniswap has a market cap of $4.74 billion and a volume of nearly $158 million.
Edited by Stacy Elliott.
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Push Protocol spustil Push Chain, blockchain první vrstvy propojující řetězce a převádějící komunikaci i transakce přímo on-chain. Síť je nyní na devnetu.
Push Protocol has announced the launch of Push Chain, a layer 1 blockchain that connects chains and integrates communication protocols with on-chain transactions.
The platform's architecture supports interactions across EVM and non-EVM ecosystems, allowing developers to access wallet states from distinct networks without relying on fragmented infrastructure. Transactions can be executed from any chain, and the chain's approach includes consumer-focused features intended to smooth user experiences through wallet and fee abstraction while parallel validators and dynamic sharding address throughput demands.
Push Chain introduces consumer transactions that add flexibility for builders, enabling applications to function as universal hubs across networks. The result is an environment where developers can create shared-state smart contracts that read wallet data from disparate chains.
Push Protocol—formerly known as EPNS—previously focused on delivering notifications and chat functionalities to decentralized applications and wallets. With this launch, those established communication protocols become integrated at the chain level, turning interactions into on-chain transactions that can accrue value. The chain's architecture, along with sub-second finality, suggests a scalable foundation for various use cases, including social platforms, gaming, finance, and cross-chain NFT trading.
The introduction of blockchain-agnostic wallet addresses and Push ID technology supports more direct interoperability. This design enables multiple wallets across different chains to consolidate under a single decentralized identifier.
Push Protocol previously expanded its presence beyond Ethereum to other networks, including BNB Chain, enhancing its reach. The new chain's rollout will proceed in phases, beginning with consumer-centric applications, then interoperability layers, and finally, universal smart contracts and shared-state capabilities. This structured approach appears aligned with the objective of scaling to meet complex demands in the web3 environment.
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Push Chain's integration of notification and chat protocols into the core infrastructure indicates a shift from traditional communication layers to on-chain environments that treat messaging as data-rich transactions.
The chain's compatibility with on-chain AI agents and applications may also open pathways to more advanced functionalities spanning multiple domains. Developer resources, including a whitepaper, explorer tools, and simulation environments, are now available, and Push Chain is live on devnet.
The team plans an incentivized testnet and additional documentation, aiming to provide builders with a toolkit to develop applications accessible from any supported chain.
Key NotesWeb3 communications protocol Push is launching its native Layer-1 chain.The new chain is designed as a Proof-of-Stake chain with core developer tools.It is out in Devnet with mainnet expected next year. Web3-native communications startup Push Protocol is working on launching its Layer-1 blockchain, dubbed the Push Chain. As reported by The Block, it plans to develop the L1 to focus on chain abstraction and building Web3 applications with multichain accessibility. Ultimately, the Push Protocol will address the challenges of fragmented user experiences and scalability issues with the Push Chain.
Push Chain will introduce groundbreaking features to achieve these goals, such as the ability to do any chain transactions. It also plans to introduce a new model called Consumer transactions. Other features expected to come with the chain are wallet and gas fee abstraction, sharding, and sub-one-second transaction finality.
Push Protocol Pivots With Push Chain For a long time, the blockchain-based notifications project has operated as a communication protocol. It enables cross-chain notifications and messaging for Decentralized Applications (dApps).
This upcoming Proof-of-Stake (PoS) chain is a strategic shift from Push’s original form.
The entire notification and chat protocols will be merged into the Push Chain, turning these interactions into value-accruing transactions. The integration aims to ensure its continued status as the standard for Web3 communication while leveraging Push Chain’s scalability and innovation advantages.
Under its PoS consensus algorithm, the Push Chain will bridge EVM and non-EVM ecosystems.
In the long run, it will enable seamless transactions, liquidity bridging, and smart contract interoperability. According to a spokesperson for the project, the team “worked on building notification nodes for years and completed their implementation in January 2024.”
“It was during this journey that we realized our efforts to scale, unify web3, and enable seamless onboarding for an exceptional consumer experience could evolve into something far more impactful,” the Push spokesperson added.
Push Chain Plans For Phased Launch As part of its benefits, the Push Chain will serve as a common settlement layer for all the L1s and L2s.
If this is achieved, the resulting “universal smart contracts” will offer developers or users access to the state of a wallet on another chain. The chain’s initial testnet would be phased out, starting with the first in mid-January 2025. The mainnet will follow later in the year.
For now, the Chain is live on devnet. It includes tools and resources for developers, such as the Push Chain Whitepaper, Push Chain Knowledgebase, Push Scan Explorer, and Tx App.
The chain will pave the way for consumer-friendly apps like decentralized social platforms, gaming ecosystems, universal Decentralized Finance (DeFi), and cross-chain non-fungible token (NFT) marketplaces. By doing so, Push Chain could drive mass adoption of Web3. All the resources going into the development of the chain position it to form the infrastructure for on-chain AI.
For context, features like its shared state, fast finality, sharding, transaction payload size, and the ability to have users from any chain give Push Chain the capacity to support fast, multi-use AI use cases in Web3.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
ZetaChain spustila Anuma, soukromou paměťovou vrstvu pro AI se šifrovaným přenositelným kontextem napříč platformami. Po veřejném spuštění získala 100 000 uživatelů za 38 dní.
Here’s a problem most people don’t think about until it’s annoying: every time you switch between AI tools, you start from scratch. Your ChatGPT conversation history means nothing to Claude. Your Gemini preferences don’t carry over anywhere.
ZetaChain thinks it has a fix. The blockchain network has launched Anuma, which it calls a “private memory layer for AI,” designed to let users store encrypted, portable context that works across multiple AI platforms. The product hit 100,000 users within 38 days of going public.
What Anuma actually does Think of Anuma as a personal vault for your AI interactions. Instead of each AI model maintaining its own siloed understanding of who you are and what you need, Anuma creates a unified memory layer that travels with you. Your preferences, conversation history, and contextual data get encrypted on your device and stored in a way that any compatible AI application can access, but only with your permission.
The encryption runs on AES-GCM. Your data gets scrambled before it ever leaves your device, and only you hold the keys to unscramble it. No centralized server, no AI company, and no blockchain validator can read your memory vault without your explicit consent.
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The platform also includes a feature called Memory Import, which lets users bring existing context from other AI tools into the Anuma ecosystem. Programmable permissions give users granular control over which applications can access which parts of their stored memory.
ZetaChain’s ZETA token handles access fees, usage settlements, and creator rewards within the ecosystem.
From cross-chain bridges to AI infrastructure The network originally built its reputation on cross-chain interoperability, connecting different blockchains so assets and data could move between them. That infrastructure attracted a historical user base of 12 million with over 240 million transactions processed.
ZetaChain 2.0 and the Anuma beta launched on January 27, 2026. By June 1, 2026, ZetaChain made the transition official, announcing it would focus exclusively on AI memory infrastructure.
Anuma reached 60,000 users in its first month after launch, then crossed the 100,000 threshold just 38 days after going public.
Why this matters for the AI subscription economy Only about 9% of users currently pay for multiple AI subscriptions. Each subscription exists in isolation, which means users are essentially paying multiple times to teach multiple AIs the same things about themselves.
Right now, when you use ChatGPT, OpenAI stores your conversations. When you use Claude, Anthropic does the same. Your AI interactions are scattered across multiple corporate servers, each governed by different privacy policies. Anuma’s client-side encryption model keeps the user in control of the data layer.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Yuma, třetí největší validátor Bittensoru, varuje, že návrh Root Reborn nese „podstatná“ neřešená rizika v oblasti správy, regulace i trhu. Upgrade zatím není aktivní na mainnetu.
Yuma, one of Bittensor’s largest contributors and the network’s third-largest validator, has published a detailed critique of the proposed “Root Reborn” upgrade, arguing that the design introduces governance, regulatory, and market structure risks that outweigh its potential benefits.
Summary
Yuma has opposed Bittensor’s proposed Root Reborn upgrade, warning that it could introduce conflicts of interest, regulatory concerns, and new risks for stakers. The proposal would allow validators to allocate root staking rewards across subnet tokens instead of automatically converting rewards into TAO. Yuma said subnets backed by validator allocations could benefit from additional demand, but called for more testing, risk analysis, and a formal upgrade roadmap before deployment. The proposal, currently under review and not yet active on mainnet, would overhaul how root staking rewards are handled. Under the existing system, root dividends are effectively paid by automatically converting subnet alpha emissions back into TAO. The new design would stop those automatic sales.
🧠 Bittensor $TAO upgrade watch: Root Reborn
A new Subtensor PR proposes one of the larger changes to Bittensor’s root validation structure so far.
Today, root dividends are effectively paid by auto-swapping subnet alpha back into TAO. This creates constant sell pressure on… pic.twitter.com/UNLFsKzcsl
— tao.bot (τ, τ) (@taodotbot) June 18, 2026 Instead, validators would set allocation weights across subnets. Root emissions would then be deployed into validator-selected baskets of subnet tokens, with stakers receiving redeemable claims on those positions rather than direct TAO rewards.
The proposal states that the change would reduce automatic sell pressure on subnet assets and make validator allocation decisions a more important part of the network economy. It would also introduce new tools to track validator basket net asset value, subnet allocations, staker liabilities, and network-wide basket performance.
Yuma said the proposal changes the role of validators from infrastructure operators into active allocators of capital.
“In its current form, the Root Reborn proposal carries substantial unmitigated risk that outweighs its benefits,” the validator group wrote.
The following analysis is a byproduct of lack of process within the ecosystem that leaves business builders limited notice or ability to properly plan, assess risk, and execute.
We are responding rapidly to the code we’ve seen thus far, in the forum where we see it being… https://t.co/cZ3DQD2gkU
— Yuma (@YumaGroup) June 18, 2026 Yuma warns of conflicts and regulatory exposure Yuma argued that validators would gain significant influence over capital flows inside the Bittensor ecosystem, creating incentives that may not always align with the interests of delegators.
The group said validators could direct allocations toward subnets in which they already hold positions or accept external incentives from subnet operators seeking additional capital. Yuma compared the structure to the lessons of the LIBOR scandal, where a small group of participants held influence over key financial benchmarks.
“Moral hazard is acute,” Yuma wrote, adding that validators should be expected to maximize their own financial returns.
The organization also questioned whether validator performance could be measured effectively under the proposed system. It said validators would not control redemption timing, making it difficult to maintain target portfolio allocations as users enter and exit positions.
Over time, Yuma argued, new emissions would represent an increasingly small portion of large validator baskets, limiting a validator’s ability to materially influence performance through future allocation decisions.
The report also raised concerns about regulatory treatment. Yuma said validators currently direct blockchain emissions, but Root Reborn would place them in a position where they actively determine subnet token exposure for delegators.
“Validators are no longer simply providing a neutral technological service due to the requirement to also set weights for subnet token rewards,” the group wrote.
Proposal seeks to reduce sell pressure on subnet assets Supporters of the proposal have presented the upgrade as a mechanism to keep more value inside the subnet economy.
A summary accompanying the Subtensor pull request stated that root yield would move away from automatic subnet token sales and toward reinvestment across validator-selected subnets. The proposal described the change as a way to make validator selection depend on capital allocation decisions rather than primarily on fees or staking yields.
The proposal also said delegators would gain additional transparency through dashboard tools that display basket composition, net asset value, and outstanding liabilities owed to stakers.
Yuma acknowledged that subnets receiving validator allocations could benefit from increased demand and stronger token prices. The group wrote that subnets awarded meaningful weights would likely experience net-positive price effects, while subnets receiving little or no allocation could see neutral outcomes.
At the same time, Yuma warned that the structure could encourage lobbying efforts by subnet operators seeking validator support. The report said new projects may face greater barriers to entry if relationships with validators become an important factor in attracting capital.
The validator group also identified operational risks. Its report cited escrow concentration in a single coldkey, redemption dynamics that could create losses for late redeemers during periods of heavy withdrawals, repeated slippage costs from basket rebalancing, and execution challenges if network activity scales significantly.
Yuma urged the OpenTensor Foundation and network stakeholders to consider alternative approaches that allow stakers to express subnet preferences directly through opt-in mechanisms rather than concentrating allocation decisions among validators.
The group also called for a published upgrade roadmap, a defined release process, additional testing, and formal risk evaluation before any implementation proceeds.
The debate arrives days after Bittensor attracted renewed market attention following comments from Grayscale Head of Research Zach Pandl, who argued that recent U.S. restrictions on Anthropic’s advanced AI models could strengthen demand for decentralized AI networks. Pandl wrote that investors may increasingly look toward alternatives such as Bittensor as access to frontier AI systems becomes subject to centralized controls.
TAO (TAO) climbed roughly 30% within 12 hours after those developments, as per previous coverage on crypto.news. However, as of press time, TAO is down over 6% as traders weigh the recent concerns around the Root Rebor proposal.
Spoluzakladatel Bittensor zveřejnil plán decentralizace a uvedl, že klíčové mechanismy chce dokončit během roku a půl. Projekt je zatím stále řízen jádrem týmu, i když vlastnictví už je decentralizované.
PANews, June 22 — Bittensor co-founder const posted on X detailing the project’s current state of decentralization, future roadmap, and goals. Bittensor has not yet achieved decentralization at the economic incentive layer and is still steered by the core team, including const himself, two engineers, and a group of core contributors. The project has been live for over five years, has no pre-mine, and features 128 subnet teams and more than 20 core validator teams. Decentralization has already been achieved in terms of ownership distribution. The team chose to iterate rapidly at the cost of “remaining centralized” rather than slowly advancing “democratized” decision-making.
Regarding future update plans, Bittensor will push validators back into a competitive mechanism while opening liquidity pools for two-way investment to symmetrize the market and prevent on-chain signals from being manipulated. In addition, a conviction mechanism will be introduced to grant voting rights to Alpha token holders. Updates to TaoFlow and its derivatives will also roll out in the coming weeks, further fine-tuning the issuance distribution algorithm to optimize how inflation is allocated. const expects to complete the core mechanism within the next year and a half, at which point the three pillars — incentive alignment, value optimization, and true ownership — will operate in synergy, ultimately achieving full decentralization by abandoning centralized control.
Spoluzakladatel Bittensor Jacob Steeves představil plán na plnou decentralizaci sítě do 18 měsíců, zhruba do prosince 2027. Součástí jsou změny hlasování, likvidity i rozdělování odměn.
Bittensor co-founder Jacob Steeves wants the protocol he helped build to no longer need him. The man known as “Const” in crypto circles has published a roadmap to fully decentralize Bittensor within 18 months, targeting a completion date around December 2027.
The decentralization deficit Bittensor, co-founded by Steeves and Ala Shaabana, has built genuine decentralized ownership among its participants over more than five years of operation. The network currently runs 128 active subnet teams and more than 20 core validator teams.
But ownership and control are not the same thing. Bittensor’s governance structure has relied on what’s been called a “triumvirate” model, and critics have argued it concentrates too much power in too few hands. The core team’s grip on the economic incentive layer, the mechanism that determines how rewards flow through the network, has been a persistent sore point.
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That criticism reached a boiling point in April 2026 when Covenant AI, a participant in the Bittensor ecosystem, exited the network entirely. Covenant AI accused the protocol of “decentralization theatre,” alleging unilateral control by Steeves over key network decisions. TAO’s price dropped roughly 18-20% in the aftermath.
The roadmap: what Steeves is actually proposing Steeves’ plan isn’t a single flip-the-switch moment. He’s outlined a phased approach that touches several core components of how Bittensor operates.
First, the roadmap calls for raising validator competition. Second, the plan includes implementing bidirectional liquidity pools. Third, Steeves wants to introduce a conviction-based voting mechanism for Alpha token holders. This type of system weights votes based on how long a holder commits their tokens, rewarding long-term alignment over short-term speculation.
The roadmap also includes updates to the TaoFlow algorithm, which governs how incentives are distributed across the network’s subnets.
Steeves resigned as CEO of the Opentensor Foundation in February 2026, months before announcing this roadmap. The move was explicitly framed as reducing key-person dependency.
What this means for investors For TAO holders, the roadmap addresses the single biggest governance risk that has weighed on the token. The April 2026 price drop following Covenant AI’s departure demonstrated how directly governance concerns translate into market impact.
The conviction-based voting mechanism deserves particular attention from investors. If implemented correctly, it could create a structural incentive for longer-term holding, reducing sell pressure and rewarding patient capital. If implemented poorly, it could entrench existing large holders and create a new form of centralization dressed in governance clothing.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Starknet zveřejnil návod, jak prostřednictvím kompatibilních peněženek zapnout soukromé DeFi přes STRK20. Uživatelé mohou skrýt aktiva ERC-20 a obchodovat, půjčovat i stakovat bez veřejného zveřejnění detailů.
Starknet just made private DeFi about as easy as toggling on dark mode. The Ethereum layer 2 network has published a walkthrough for accessing its privacy features through compatible wallets, turning what used to be a multi-step cryptographic headache into something approaching a one-click experience.
The guide centers on Starknet’s STRK20 privacy framework, which went live around June 9. It allows users to shield ERC-20 assets directly from wallets like Xverse and Ready, then interact with DeFi protocols, including swaps, lending, and staking, without broadcasting every detail of their financial life to the entire blockchain.
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How the shielding actually works Starknet’s approach lets users convert standard tokens into shielded versions through their wallet interface. The framework is designed to maintain composability with public liquidity pools, meaning private transactions can tap into existing liquidity rather than being confined to isolated ecosystems where shielded assets could only interact with other shielded assets.
Transactions using the privacy features settle in under five seconds at low costs, according to Starknet. That’s roughly the same speed as a standard Starknet transaction, meaning the privacy layer doesn’t introduce meaningful friction.
strkBTC and the Bitcoin angle Starknet launched strkBTC back in May, a shielded representation of Bitcoin on its network. strkBTC lets Bitcoin holders participate in Starknet’s DeFi ecosystem without their BTC positions being publicly visible. Both Xverse and Ready wallets support one-click shielding and unshielding of strkBTC alongside other assets, making the process uniform regardless of the underlying token.
The compliance question The STRK20 framework includes compliance features built into its architecture: viewing keys are encrypted for an integrity council, creating a mechanism that blends user privacy with regulatory requirements. This design allows transactions to be private by default yet auditable under specific conditions, occupying a middle ground that could work for compliance-conscious players.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
StarkWare představil Private KYC, zero-knowledge systém na STRK20, privacy vrstvě Starknetu, který umožní ověřit například věk nad 18 let bez předání pasu centrálnímu ověřovateli. Demo míří na vlády a instituce, ne na ostrý produkt.
@StarkWareLtd has unveiled a zero-knowledge identity system designed to let users pass a KYC check without surrendering their personal data to a central verifier. The prototype, called Private KYC, is built on STRK20, @Starknet's privacy layer, and works by flipping the logic of how identity verification is typically done.
How it works A user scans their passport using their phone's NFC chip. That identity data is then encrypted and bound to their own Starknet account rather than stored on a third-party server. When a KYC check is required, the system generates a zero-knowledge proof of just the fact that matters, such as confirming the user is over 18, while name, date of birth, and document number remain sealed. No central verifier holds a copy of the document, so there is no database to breach.
STRK20, which launched in early June, introduces zero-knowledge privacy features for ERC-20 tokens, letting users shield balances and make private transfers without moving assets to a separate privacy chain. The technical architecture relies on client-side zero-knowledge proofs built with StarkWare's Stwo prover and Cairo programming language. Private KYC extends that same infrastructure into identity verification.
Targeting a well-documented problem The timing of the demo is pointed. A KYC store becomes a data honeypot the moment it concentrates identity records someone else wants, and that concentration is something the rulebook compels, not something a control choice creates. The scale of recent incidents makes the case plainly: IDmerit, disclosed in February 2026, exposed a data set running to roughly 1 billion records, including approximately 203 million US records. Unlike traditional passwords or credit card numbers, biometric data cannot be changed if compromised, posing long-term security risks. If fingerprints or iris patterns are stolen, the victim is permanently vulnerable to identity theft.
StarkWare's architecture sidesteps this problem by design. Because no raw document is ever handed to a verifier, there is no archive to steal. StarkWare chief executive Eli Ben-Sasson has said zero-knowledge systems could allow future investigations to request narrower information, though the approach has not yet faced broad regulatory testing, and institutions will still need to assess its legal, security, and operational controls before adoption.
For now, Private KYC is a demonstration pitched at government and institutional audiences, not a live product. Whether regulators will accept a ZK proof as a substitute for a stored document copy remains an open question. But as centralized identity databases continue to attract attackers, the architectural argument for an alternative is only getting stronger.
Sources:
Starknet: Make ERC-20 Tokens Private with STRK20
Finextra: The KYC Data Honeypot Is a Retention Mandate, Not a Security Failure
Fincrime Central: IDMerit data breach, 1 billion records exposed
Mantle uvedl USPXx, tokenizovanou reprezentaci Franklin Templeton’s Franklin U.S. Equity Index ETF (USPX), pro nepřetržité on-chain obchodování a poskytování likvidity na Fluxionu. Jde o jednu z prvních sítí Ethereum L2, která od velkého správce aktiv získala tokenizované ETF on-chain.
Mantle, the premier distribution layer connecting traditional finance and on-chain liquidity, today announced the listing of USPXx, xStocks’ tokenized representation of Franklin Templeton’s Franklin U.S. Equity Index ETF (USPX), now available for 24/7 on-chain trading and liquidity provision via Fluxion, Mantle’s native decentralized exchange.
With $1.98 billion in assets under management, USPX tracks the top 85% of the US equity market by market capitalisation, one of traditional finance’s most widely held passive equity vehicles. Its arrival on Mantle opens continuous, around-the-clock access to that exposure, without market hours constraints or intermediaries.
Expanding the Distribution Layer for Tokenized Capital Markets
As one of the first Ethereum Layer 2 networks to bring a tokenized ETF from one of the world’s largest asset managers on-chain, Mantle’s distribution layer now extends beyond individual equities to broad-market index products. USPXx joins a growing lineup of xStocks tokenized equities on Mantle, including the recent listing of SPCXx, xStocks’ tokenized SpaceX equity which went live on Mantle on the same day as the SpaceX IPO.
For investors already allocated to USPX through conventional brokerage accounts and for a global audience without access to US markets, USPXx on Mantle removes the constraints of traditional market infrastructure entirely. Via Fluxion, USPXx is tradeable and available for liquidity provision at any hour, without intermediaries, settlement delays, or geographic restrictions. Underpinning this is xChange, xStocks’ Atomic RFQ, which ensures every transaction is executed at institutional precision regardless of when or where a user trades.
Institutional-Grade Execution via Atomic RFQ and AMM on Fluxion
USPXx is natively minted on Mantle through xStocks and trades exclusively on Fluxion, powered by xChange, xStock’s Atomic RFQ system. Where conventional on-chain trading relies on automated market makers that introduce slippage and pricing deviations, xChange sources every transaction directly from the issuer at live market quotes, enabling users to transact at the real price, not one approximated through a liquidity pool all around the clock.
This sets the standard for institutions as this translates to execution precision that meets the requirements of meaningful capital deployment at scale. While for retail investors, it means access to broad US equity market exposure at fair, verifiable prices, at any hour, globally. Fluxion is the only decentralised exchange on Mantle listing USPXx at launch.
“Franklin Templeton’s USPX represents the mainstream of global equity investing, the kind of exposure that anchors institutional and retail portfolios alike,” said Emily Bao, Key Advisor at Mantle. “Every listing like this closes the distance between where the capital sits today and where it can move tomorrow.”
About Mantle
Mantle positions itself as the premier distribution layer and gateway for institutions and TradFi to connect with on-chain liquidity and access real-world assets, powering how real-world finance flows. With over $4B+ in community-owned assets, Mantle combines credibility, liquidity, and scalability with institutional-grade infrastructure to support large-scale adoption. The ecosystem is anchored by $MNT within Bybit, and built out through core ecosystem projects like mETH, fBTC, MI4 and more. This is complemented by Mantle’s partnerships with leading issuers and protocols such as Ethena USDe, Ondo USDY, and OP-Succinct.
For more information, visit mantle.xyz.
For more social updates, please follow: Mantle Official X & Mantle Community Channel
xStocks is the industry benchmark for tokenized equities, bringing publicly listed U.S. stocks and ETFs on-chain through fully collateralized, 1:1-backed tokens. Powered by Payward’s digital asset infrastructure, xStocks places traditional equities on blockchain infrastructure, expanding access to U.S. capital markets with extended availability, global reach, and seamless digital-native settlement.
Designed for interoperability, xStocks move seamlessly between centralized exchanges, self-custodied wallets, and on-chain applications, unlocking new utility across trading, collateralization, and decentralized finance. Since launching in June 2025, xStocks is powering billions of dollars in transaction volume across multiple blockchain ecosystems and anchors a rapidly expanding global network shaping the future of tokenized markets.
MEXC zalistovala na spotovém trhu devět tokenizovaných akcií Ondo, včetně titulů z oblasti AI, polovodičů a optických komunikací. Nabízí tak on-chain přístup k expozici vůči reálným akciím.
MEXC, a pioneer in 0-fee digital asset trading, has listed nine Ondo tokenized stock trading pairs on the Spot markets, giving users on-chain access to real-world equity exposure across key technology sectors including AI, semiconductors, and optical communications.
MEXC listed Ondo tokenized stock trading pairs across some of the most closely watched names in U.S. equity markets. The selection includes Cerebras Systems in AI inference hardware, Corning, Lumentum Holdings, and Applied Optoelectronics in optical communications infrastructure, and United Microelectronics and Amkor Technology in semiconductor manufacturing and packaging. Dell Technologies, Nokia, and Planet Labs complete the lineup across enterprise technology, telecommunications, and satellite data. Full listing details are available on the MEXC announcement page.
This listing builds on MEXC’s ongoing collaboration with Ondo Finance, further expanding the range of tokenized real-world assets available on the platform. The tokens’ underlying assets are securely held in custody by licensed broker-dealers. They are freely transferable and DeFi-compatible, unconstrained by the geographical restrictions and trading hours of traditional markets. Additionally, dividends are automatically reinvested after tax, providing users with an additional source of investment return.
MEXC will continue to expand access to the world’s most sought-after assets, delivering on its mission to connect users worldwide with infinite investment opportunities.
About MEXC MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.
MEXC Official Website｜X ｜Telegram ｜How to Sign Up on MEXC
This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.
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Aktivita převodů stablecoinů na XRP Ledger dosáhla za posledních 30 dní 5,11 mld. USD, což je meziměsíčně o 22,84 % více. Ondo Short-Term U.S. Government Bond Fund se zároveň stal druhým největším tokenizovaným aktivem na XRPL.
Data from rwa.xyz shows that stablecoin transfer activity on the XRP Ledger (XRPL) has reached $5.11 billion over the past 30 days.
Notably, this represents a 22.84% increase compared to the previous month. The rise points to stronger on-chain liquidity and also suggests growing use of tokenized cash-like assets across the XRPL ecosystem.
Ondo Fund Becomes Second-Largest Tokenized Asset on XRPL The same dataset indicates that the Ondo Short-Term U.S. Government Bond Fund is now the second-largest tokenized fund on XRPL.
It is only behind RLUSD-related flows in size and activity. The fund recorded about $259.6 million in transfers during the period, signaling rising institutional interest in on-chain tokenized U.S. Treasury exposure.
Source: https://app.rwa.xyz/networks/xrp-ledger The trend suggests that tokenized real-world assets (RWAs) are gaining a more visible role within the XRPL ecosystem.
XRPL Shows $3.66B in Off-Chain RWA Pipeline Meanwhile, additional data from rwa.xyz reveals that XRP Ledger currently has about $3.66 billion in real-world assets represented off-chain. For comparison, Stellar holds around $79.35 million in similar represented value.
This suggests that XRPL has secured significant institutional commitments in recent months.
Some supporters believe this off-chain pipeline could begin moving on-chain more rapidly as XRPL infrastructure improves. Key upgrades often cited include:
Confidential transactions XLS-66 lending functionality Expansion of RLUSD across multiple chains The argument is that the $3.66 billion in represented assets may not enter the system gradually. Instead, it could move in larger waves once tokenization rails and institutional integrations mature.
XRPL Leads RWA Tokenization With $1.9B Inflows XRPL’s growing momentum is further strengthened by recent data showing that it recorded the highest net RWA inflows across major blockchains over the past 90 days.
Data from the RWA Foundation confirmed that XRPL attracted $1.9 billion in net RWA inflows (excluding stablecoins), ahead of Ethereum’s $1.6 billion and Stellar’s $1.4 billion.
Moreover, Messari’s Q1 2026 report shows XRPL’s RWA market cap surged 124.1% quarter-over-quarter to $2.25 billion, ranking it seventh globally at the time before rising to fourth. Distributed RWAs on XRPL also climbed to $451.1 million, up 35.6% quarter-over-quarter.
Evernorth data shows XRPL scaled from $10 million to $400 million in tokenized RWAs in ~15 months, compared to ~36 months for Ethereum. Year-to-date growth also favors XRPL, up 78% versus Ethereum’s 36%.
Overall, inflows and adoption trends suggest XRP Ledger is becoming one of the fastest-growing hubs for tokenized real-world assets.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
JPMorgan, Mastercard, Ondo Finance a Ripple otestovaly vykoupení tokenizovaného amerického státního dluhopisu na XRP Ledgeru za zhruba 5 sekund. XRP nebyl aktivem v transakci, ale mohl sloužit pro poplatky, rezervy a routing.
A redemption that used to take days cleared in about five seconds. The names in the room matter more than the speed, and the question for XRP holders is where the token actually sits in the flow.
Summary
JPMorgan, Mastercard, Ondo, and Ripple tested tokenized Treasury redemption on the XRP Ledger. The settlement speed matters, but the institutional names matter more. XRP was not the asset being redeemed, but it can sit in fees, reserves, and routing. The long-term signal is utility; the near-term question is whether volume follows. On June 12, JPMorgan, Mastercard, Ondo Finance, and Ripple completed a test that moved a tokenized United States Treasury through a full redemption on the XRP Ledger. The settlement finished in roughly five seconds.
The same operation on traditional rails takes three to five business days. crypto.news shared the result the day it happened, and within hours the XRP community had folded it into the familiar story: another institution, another marquee logo, another reason the token should be worth more than it is.
NEW: JPMorgan, Mastercard, Ondo Finance and Ripple complete tokenized Treasury redemption test on XRP Ledger. Settlement took roughly 5 seconds compared to 3 to 5 business days on traditional rails pic.twitter.com/9Rkd3MkWF4
— crypto.news (@cryptodotnews) June 12, 2026 The speed is real and the participants are real. What deserves a closer look is the part the headlines skip, which is the exact role XRP the asset plays when a tokenized Treasury changes hands on its ledger.
That answer is more interesting than a simple win or loss. It sets the boundary on how much a holder should read into the news.
What actually happened on June 12 Strip the announcement down to its parts and the test looks like this. Ondo Finance issued a tokenized version of a short-dated United States Treasury instrument, the kind of product that wraps a real government bond into an on-chain token that pays the yield of the underlying paper.
Mastercard provided the link between the regulated money layer and the chain through its Multi-Token Network, the rails it has been building to let banks move tokenized deposits and settle against tokenized assets. JPMorgan brought its institutional settlement infrastructure to the bank side of the trade.
Ripple supplied the ledger and the surrounding tooling that let the redemption clear on the XRP Ledger instead of on a private bank network.
A redemption is the moment a holder hands the token back and receives cash value in return. In the legacy world, that round trip crawls through custodians, transfer agents, and settlement windows that only open on business days.
The test compressed that into a single near-instant on-chain event, with the cash leg and the asset leg settling together instead of days apart. Atomic settlement, where both sides of a trade move or neither does, removes the gap during which one party holds an asset and waits to be paid.
That gap is where counterparty risk lives, and closing it is the entire point of putting this kind of asset on a fast public ledger. So the result is a working proof that a tokenized Treasury can be issued, held, and redeemed across a chain that major financial firms were willing to touch.
That is not nothing. It is also not the same thing as production volume, and the difference is where careful readers should slow down.
The logos are the story, up to a point Each name on the June 12 test carries weight, and the weight is worth spelling out because the market tends to treat any JPMorgan headline as a verdict.
JPMorgan has spent years building Kinexys, formerly Onyx, its blockchain settlement arm that already moves large daily volumes in tokenized deposits. When a bank of that size agrees to run a redemption across the XRP Ledger, even as a test, it signals that the ledger met its internal bar for security and controls.
Mastercard has been pushing its Multi-Token Network as the connective tissue between banks and tokenized assets, and its presence shows the test was built to plug into existing card-network plumbing instead of standing alone as a crypto experiment. Ondo is one of the larger issuers of tokenized Treasuries, and its OUSG product has become a reference point for the whole real-world-asset category.
Ripple sat at the center as the ledger host and the firm whose institutional features made the settlement possible. Put together, the group reads as a deliberate signal that tokenized Treasuries can settle on the XRP Ledger with names that compliance departments recognize.
JPMorgan, Mastercard, Ondo Finance and Ripple just completed something quietly historic.
The first cross-border tokenized US Treasury redemption on the XRP Ledger.
Cleared in under 5 seconds.
Traditional settlement for this kind of transaction takes days.
Tokenized assets… pic.twitter.com/9uk5akaVRf
— Rose (@Rose09202) June 21, 2026 The temptation is to draw a straight line from that signal to the XRP price. Before drawing it, look at what moved through the transaction and what did not.
Why tokenized Treasuries are the wedge asset It is no accident that the test used a Treasury and not some exotic instrument. Among all the assets the industry has tried to move on-chain, short-dated government debt has become the wedge that opens the institutional door, and the reasons say a lot about why June 12 happened at all.
A Treasury bill is the simplest large asset to tokenize honestly. It has a known issuer, a known maturity, a yield that is easy to verify, and a price that barely moves day to day.
There is little argument about what it is worth, which means a token wrapped around it can be marked with confidence and redeemed without disputes. Compare that to tokenized real estate or private credit, where valuation is slow, subjective, and easy to challenge, and the appeal of starting with Treasuries becomes obvious.
The asset removes the hardest problem in tokenization, which is agreeing on value, so the experiment can focus on the plumbing. That is why tokenization as the real story keeps coming back to Treasuries: they are liquid, familiar, yield-bearing, and easy for institutions to understand.
The demand is also concrete. Crypto firms, trading desks, and treasuries sit on large idle dollar balances, often parked in stablecoins that pay them nothing.
A tokenized Treasury lets that cash earn the yield of real government paper while staying on-chain, available to move at any hour without leaving for the banking system. That single feature, on-chain dollars that earn a real yield, has turned tokenized Treasuries into one of the fastest-growing corners of the whole digital-asset market.
Ondo’s OUSG and a handful of competitors have pulled in billions because they answer a question every on-chain treasurer has, which is how to stop leaving money on the table.
So when Ripple wanted to prove the XRP Ledger could host serious institutional settlement, the Treasury was the natural choice. It is the asset most likely to move in real size, the one institutions most want on-chain, and the one with the fewest excuses for the test to fail.
Winning the Treasury-settlement business is the beachhead. Everything heavier, corporate bonds, funds, structured credit, follows the rail that first proves itself on the simple asset.
Where XRP actually sits in the transaction Here is the part that gets lost. In the June 12 flow, the asset being moved was a tokenized Treasury. The cash leg most likely settled in a stablecoin or a tokenized deposit.
XRP, the native token of the ledger, was not the thing being bought, sold, or redeemed.
That sounds like bad news for the holder thesis, and read too quickly it would be. The reality is more layered.
XRP touches a settlement like this in three indirect ways, and each one is small per transaction but structural across millions of them.
First, every transaction on the XRP Ledger burns a tiny amount of XRP as a fee. The amounts are fractions of a cent, designed to stop spam, not to enrich anyone.
As transaction count rises, the burn rises with it, which slowly removes XRP from supply. Second, accounts and certain ledger objects require a reserve denominated in XRP, so a ledger that hosts more institutional activity locks up more XRP in reserves.
Third, and most important over time, XRP can serve as the auto-bridge asset when one currency or token needs to move into another inside the ledger’s exchange. In a redemption that converts a tokenized Treasury back into a chosen settlement currency, XRP can sit in the middle as the routing asset that connects the two sides.
While the market obsesses over price action, XRPL just processed another milestone settlement blending JPMorgan, Mastercard, and Ondo Finance rails.
This cross-border tokenized Treasury redemption cleared on XRPL in under five seconds using RLUSD as the settlement asset and a… pic.twitter.com/eDw8SQm88z
— documenting XRP (@documentingXRPP) June 21, 2026 None of those roles require XRP to be the headline asset in the trade. All three grow with usage, not with hype.
That is the honest frame: the June 12 test does not put XRP at the center of the transaction, but it does feed the machinery where XRP earns its keep. Whether that machinery turns fast enough to matter for price is a separate question, and the search history of XRP suggests patience is warranted.
This is also what the tokenized Treasury settlement means for XRP: the ledger can win serious institutional use before the token captures meaningful demand. The two are connected, but not identical.
The ledger features that made it possible A redemption like this could not have run on the XRP Ledger of a few years ago. The capability is new, and it comes from a stack of institutional features Ripple and the wider XRPL developer community shipped across 2025 and into 2026.
Multi-Purpose Tokens, the MPT standard, let a token carry the metadata that a real financial instrument needs, things like maturity dates, transfer restrictions, and tranche information, without forcing developers to bolt on fragile smart contracts. Permissioned Domains and a permissioned version of the ledger’s decentralized exchange let regulated participants trade in gated environments where access depends on credentials such as know-your-customer checks.
RLUSD, Ripple’s dollar stablecoin, now settles on the ledger and gives institutions a compliant cash leg that lives on the same rail as the asset. The escrow feature was extended to support third-party tokens like RLUSD, which matters for structured settlement.
Layer the XLS-66 lending protocol on top, with its single-asset vaults that isolate credit risk one asset at a time, and the ledger starts to look less like a payments network and more like a settlement venue with a credit layer attached. The June 12 test is the visible output of that quieter build.
The features were the precondition. The redemption was the demonstration that they hold together under the eyes of firms that do not lend their names casually.
The competition for the same settlement business The XRP Ledger is not the only chain courting this work, and the contest for institutional settlement is the backdrop that gives June 12 its real stakes.
Ethereum sits at the center of the tokenized-asset world today. Most tokenized Treasuries, including the largest funds from the biggest asset managers, launched on Ethereum or its layer-2 networks, where the deepest pool of developers and the most established custody and compliance tooling already live.
An institution choosing where to settle starts from a world in which Ethereum is the default, and the burden falls on every other chain to give a reason to look elsewhere. Solana has pushed hard on speed and cost and has won its own share of tokenization projects and corporate interest.
On top of the public chains, the banks are building private ones. JPMorgan’s own settlement network already moves enormous daily volumes inside a permissioned environment the bank controls end to end.
Against that field, the XRP Ledger’s pitch is specific. It offers settlement built for payments from the start, with the institutional features, the MPT standard, permissioned trading, credentials, baked into the base layer instead of bolted on through smart contracts that have to be audited one project at a time.
The argument is that a purpose-built settlement ledger carries less risk surface than a general-purpose smart-contract chain, because there is less custom code between an institution and a completed trade. June 12 is Ripple making that argument in public with partners who could have run the same test anywhere.
This is why the names matter more than the speed. Five-second settlement is achievable on several chains.
What the XRP Ledger needed to prove was that firms like JPMorgan and Mastercard would choose it for a real institutional flow when they had every other option available. The test does not win the war.
It wins the right to be in the room for the next one, which for a chain competing against Ethereum’s incumbency is the harder thing to secure.
Following one tokenized Treasury through the flow Abstractions blur the stakes, so trace a single unit through the kind of cycle the test modeled.
Start with a short-dated United States Treasury bill sitting in a custodian’s account. Ondo, or an issuer like it, holds that bill and mints an on-chain token against it.
The token represents a claim on the bill and the yield it throws off. Call it one unit of a tokenized Treasury, and place it in the wallet of an institutional holder who wants short-term dollar yield without leaving the chain.
For weeks, the holder simply holds. The token accrues the bill’s yield.
When the holder decides to exit, the redemption begins. The holder submits the token back toward the issuer through the settlement arrangement that JPMorgan and Mastercard stand behind.
On the ledger, the asset leg and the cash leg are matched so they settle as one event. The token is retired.
A settlement currency, most likely RLUSD or a tokenized deposit, lands in the holder’s wallet in return. The fee for the ledger transactions is paid in XRP and burned.
If the chosen settlement currency differs from the currency the token was priced in, the ledger’s exchange can route through XRP as the bridge to complete the swap. Total elapsed time: around five seconds.
Compare that to the legacy path, where the same redemption would route through a transfer agent, wait for a settlement window, and clear across three to five business days while both sides carry risk. The end state is identical.
The holder is out of the Treasury and into cash. The path is what changed, and the path is the product.
Notice where XRP appeared in that walk. It paid the fee. It may have bridged the currencies. It backed the account reserves.
It was never the asset the holder set out to trade. That is the shape of XRP’s role in institutional settlement, and it explains why utility can climb for years while the token price moves sideways.
What institutions actually buy beyond the five seconds The speed grabs the headline, but settlement time is not the only thing an institution gains, and the other gains explain why firms keep running these tests even when the token economics do not concern them.
The first gain is capital efficiency. In the legacy model, the days between trade and settlement are days during which capital sits frozen, posted as margin or held in reserve against the risk that the other side fails to deliver.
Collapse settlement to seconds and that frozen capital comes free, available to be deployed elsewhere. For a large trading desk, the value of unlocking capital that used to sit idle for three days at a time runs into real money across a year of activity.
The second gain is around-the-clock operation. Traditional settlement runs on banking hours and business days, so a Friday trade waits through the weekend.
An on-chain ledger settles at any hour, which matters more every year as markets globalize and the line between trading days blurs. The third gain is collateral mobility.
A tokenized Treasury that settles instantly can be moved, pledged, or redeemed the moment it is needed, which lets the same asset work harder as collateral across more uses.
These are the reasons a JPMorgan or a Mastercard cares about the test, and none of them depend on XRP the token doing anything. The institution is buying a better settlement process.
XRP earns its small dues in the background. Keeping those two things separate is the key to reading any announcement like this one without mistaking institutional interest in the ledger for institutional demand for the token.
The first is clearly growing. The second has to be inferred from on-chain flow, and the inference is where most of the disappointment in XRP’s price history has come from.
That is why Ripple’s IPO and XRP holders is part of the same broader lesson. Ripple’s success, XRPL adoption, and XRP holder value are related, but they do not automatically collapse into the same thing.
Does settlement volume reach the price? This is the question every holder actually wants answered, and it deserves a straight treatment, not a number pulled from the air.
The bullish case runs through the indirect roles. If tokenized Treasuries and similar real-world assets move onto the XRP Ledger in size, transaction counts climb, fee burn climbs, reserves lock up more supply, and bridge routing pulls XRP into more flows.
Demand for the token then rises from use instead of from speculation, and demand that comes from use tends to be stickier. Ripple has framed exactly this flywheel in its institutional materials, and the logic holds on its own terms.
The sober case sits in the math. Fee burn on the XRP Ledger is deliberately tiny.
Even a large jump in institutional transactions removes a small fraction of supply against the tens of billions of XRP already in circulation and the monthly escrow releases that add to it. Bridge routing only pulls in XRP when a trade actually needs a currency conversion that the ledger chooses to route through XRP, and many institutional flows will settle stablecoin to stablecoin without ever touching the token.
Reserves lock supply but do not create buy pressure on their own. There is a supply side to weigh as well, and it cuts against the burn story in the near term.
Ripple releases up to one billion XRP from escrow at the start of each month, then re-locks most of it, but the net new supply that reaches the market still runs into the hundreds of millions of tokens monthly. For fee burn from institutional settlement to tighten supply in any meaningful way, the volume would have to grow large enough to offset that steady release, which is a high bar at current transaction levels.
A holder who pins hopes on burn alone is betting that on-chain activity climbs by orders of magnitude while the escrow schedule keeps running on its long-set path. That can happen over years. It does not happen because of one test.
The careful reading is that the June 12 test strengthens the long-term utility argument and does little for the short-term price argument. XRP spent most of 2026 trading near or below the one-dollar-and-change range while news exactly like this piled up, which is the market telling you that proofs of concept are priced as proofs of concept until volume follows.
A settlement test is a door opening. Walking through it at scale is a different event, and the token tends to wait for the second one.
What has to be true for this to matter For the June 12 result to move from interesting to important, a few things need to happen, and naming them gives a holder a watchlist instead of a hope.
Production volume has to follow the test. One redemption proves the plumbing.
Recurring institutional flow, measured in real daily value rather than pilot transactions, is what feeds the burn-and-bridge machinery. Regulatory clarity has to land, because the CLARITY Act and the broader United States market-structure framework decide how freely regulated institutions can settle tokenized assets on public ledgers.
Until the rules set, much of this activity stays in the test-and-pilot stage where the June 12 work lives. That is why CLARITY’s XRP classification question matters: the technology can be ready before the legal framework gives the rest of Wall Street permission to use it.
Competing venues have to be held off, since Ethereum, Solana, and a wave of bank-built private chains are chasing the same tokenized-asset settlement business, and the XRP Ledger has to keep winning the names that make compliance teams comfortable.
If those line up, the indirect demand argument gets a real chance to show up in on-chain data, and from there in price. If they stall, June 12 joins the long list of XRP headlines that read well and changed little.
The token has taught its holders that lesson more than once. That is also why institutional positioning in XRP matters as a separate signal: ETFs show who wants exposure, while settlement flows show whether utility is becoming demand.
Reading the signal without inflating it The clean takeaway is that Ripple, with JPMorgan, Mastercard, and Ondo alongside it, proved that a tokenized Treasury can be issued and redeemed on the XRP Ledger in seconds, with names that the institutional world takes seriously.
That is a meaningful step for the ledger as a settlement venue. For XRP the asset, it is a vote for the long-term utility thesis and a weak input to the near-term price, because the token sits in the fees, the reserves, and the bridge rather than at the center of the trade.
A holder who understands that distinction will not oversell the day and will not dismiss it either. The machinery that pays XRP its small, repeated dues got a high-profile workout.
Now the only thing that turns that into price is the boring part, which is volume that shows up and keeps showing up. Watch the on-chain flow, watch the rules, and let the token follow the usage instead of the logos.
This article is information, not investment advice. Figures and partnership details reflect reporting available as of June 23, 2026, and corporate plans, test results, and market conditions can change.
J.P. Morgan podle zpráv testoval real-time vypořádání tokenizovaných amerických státních dluhopisů proti vkladům v USD na Ondo Chain. Franklin Templeton zároveň oznámil tokenizaci pěti ETF prostřednictvím infrastruktury Ondo.
TLDR:Institutional Tokenization and Market ExpansionOnchain Transfers, Market Activity, and Infrastructure FlowGet 3 Free Stock Ebooks ONDO sees rising institutional use as tokenized Treasuries and ETFs expand across blockchain rails globally. J.P. Morgan and Franklin Templeton link traditional finance systems with Ondo-based tokenization infrastructure. Binance listings in regulated markets boost access to tokenized equities and broaden liquidity channels. Cross-chain integrations via LI.FI enable ONDO tokenized assets to move across wallets and major blockchain networks. ONDO continues to attract attention as institutional tokenization activity expands across traditional finance and blockchain networks.
Recent developments include settlement experiments involving major banks, ETF tokenization initiatives, and regulated trading infrastructure expansion. Market data shows rising volume and shifting liquidity patterns across exchanges.
At the same time, onchain transfers and cross-chain infrastructure integration reflect increasing activity within the ecosystem, according to market observers and publicly shared transaction records.
Institutional Tokenization and Market Expansion ONDO saw early attention after reports of institutional settlement activity on Ondo Chain. J.P. Morgan reportedly tested real-time settlement of tokenized US Treasuries against USD deposits.
The transaction was executed within blockchain infrastructure, according to market reports and publicly shared statements from ecosystem participants.
$ONDO quietly became the infrastructure Wall Street builds on.
Not a narrative. Not a whitepaper. A live transaction.
J.P. Morgan settled tokenized US Treasuries against real USD deposits on Ondo Chain in real time.
Then Franklin Templeton announced it is tokenizing five ETFs… pic.twitter.com/ie8LKHE9Hx
— 2xnmore (@2xnmore) June 23, 2026
Franklin Templeton announced tokenization of five exchange-traded funds through Ondo infrastructure. The initiative aligns with broader institutional experiments in asset digitization across traditional finance systems.
Market participants referenced increased coordination between asset managers and blockchain-based issuance frameworks, according to public announcements from involved entities.
Binance listed tokenized stock products tied to Ondo infrastructure on its regulated MTF in Abu Dhabi. The listing extends access to tokenized equities across compliant trading venues.
Market observers noted expanding distribution channels for blockchain-based financial instruments within regulated exchange environments.
Ondo has reportedly filed confidentially with the SEC to become a tokenized stock issuer subject to reporting requirements.
The ecosystem recorded $18 billion in cumulative trading volume and $1 billion in total value locked within eight months.
It also accounts for over 70 percent market share among tokenized equity issuers. ONDO Reporting continues under evolving regulatory review processes globally.
Onchain Transfers, Market Activity, and Infrastructure Flow AI account reporting indicated a multisig transfer of 150 million ONDO tokens to a monitored address, valued at $49.56 million. The address has received cumulative inflows of 425 million tokens since April.
Previous batches were reportedly moved into Coinbase wallets, though the final purpose remains unconfirmed.
ONDO traded near $0.31 with a 24-hour volume above $65 million as of this writing. The asset recorded a 6.57 percent daily decline and a 15.76 percent weekly drop.
Market activity showed reduced short-term momentum across major exchanges during the reported period, according to aggregated exchange data.
LI.FI infrastructure enabled tokenized asset movement across more than 1,000 wallets and multiple applications. Integration spans Ethereum and BNB Chain, with Solana integration scheduled for rollout.
$ONDO is turning crypto into a global stock market.
Its tokenized stocks can now flow across 1,000+ wallets, apps and protocols through https://t.co/UHScF7I5Og infrastructure.
Ethereum and BNB are already live.
Solana is coming next.
Wall Street assets are starting to become… pic.twitter.com/7Z8iTXClaQ
— Niels (@Web3Niels) June 22, 2026
The system supports cross-protocol routing of tokenized financial instruments within decentralized environments based on infrastructure reports and ecosystem documentation. Cross-chain routing expands interoperability across institutional-grade blockchain systems.
Web3Niels stated that tokenized stocks are flowing across applications via LI.FI infrastructure. Ethereum and BNB Chain remain active, while Solana integration is pending.
ONDO is part of expanding tokenized asset distribution across decentralized networks and regulated venues, according to public commentary.
Ondo Tokenized Stocks se přes LI.FI rozšířily na Ethereum a BNB Chain a zpřístupnily více než 438 tokenizovaných amerických akcií a ETF. Mezi nimi jsou Tesla, NVIDIA, Apple, QQQ a SPY.
Ondo Tokenized Stocks has expanded the reach of tokenized US stocks and exchange-traded funds (ETFs) through a new integration with LI.FI, allowing greater access to these assets on the blockchain. The integration is now live on both Ethereum and BNB Chain, with support for Solana expected to follow in later stages.
Wider reach for tokenized assetsWith this latest development, more than 438 tokenized US stocks and ETFs have become accessible via one of the most widely used cross-chain transaction infrastructures in the crypto sector. This move has broadened the audience for Ondo’s blockchain-based financial products, opening them up to a larger user base.
The integration allows users to access traditional market assets on-chain directly from their preferred crypto applications, without having to leave those platforms. This convenience is expected to further drive adoption and demand for tokenized securities among investors.
Direct access through the LI.FI ecosystemOver 1,000 partners within the LI.FI ecosystem now have direct access to tokenized products offered by Ondo Global Markets. Among the available assets are major US stocks such as Tesla, NVIDIA, and Apple, as well as widely followed ETFs like QQQ and SPY.
Glossary: An ETF is an exchange-traded fund that tracks an index or group of assets and is traded on stock exchanges. QQQ is one of the most well-known ETFs tracking the Nasdaq 100 index, while SPY tracks the S&P 500 index.
LI.FI serves as an execution infrastructure that facilitates both on-chain and cross-chain asset transfers. Rather than requiring users to select the technical route for their transactions, the system lets them define their desired outcome and relies on professional solution providers within the network to execute the process seamlessly.
With this integration, more than 438 tokenized US stocks and ETFs have become available to a wider user base through Ethereum and BNB Chain.
Transaction volume and custody structureAccording to the shared data, LI.FI has managed a trading volume exceeding $80 billion through more than 100 million transactions so far. The platform also provides its infrastructure services to several leading crypto exchanges and wallets in the industry.
Ondo Tokenized Stocks converts US securities into tokens that are fully backed by the underlying assets. These tokenized securities are held with one or more US-based brokerages and are subject to daily verification protocols. The platform also incorporates investor protection measures specifically designed for institutional participants.
Full backing of tokenized assets by the underlying securities and a daily verification process are highlighted as core structural features of the platform.
Impressive growth metricsAs of September 2025, the total value of tokens issued on the platform has surpassed $1 billion. The number of token holders has climbed into the tens of thousands, and the cumulative transaction volume has exceeded $20 billion.
The collaboration with LI.FI has increased the visibility of Ondo Tokenized Stocks in a variety of markets, underlining the continuing demand to bring financial assets onto the blockchain.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
