Track market-moving stories before they get noisy

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Summary

XLM fell from $0.2491 to $0.2451 with clear bearish momentum confirmed.Trading volume jumped 78% above average during critical support breakdown.Multiple technical levels violated as downside pressure intensified rapidly.Stellar (XLM) slipped 1.6% on Tuesday, dropping from $0.2491 to $0.2451 as sellers took control and the token extended a series of lower highs from its recent $0.2602 peak.

The asset traded within a $0.0153 range, posting 6.2% intraday volatility. A sharp 05:00 volume spike of 36.3 million XLM — 78% above the 24-hour average — confirmed a breakdown below the key $0.2520 support level.

With no clear fundamental catalysts, traders focused on the technical picture, where the loss of $0.2520 signaled likely institutional distribution rather than retail-driven volatility.

Bearish momentum intensified on the one hour chart as XLM fell another 0.8%, sliding from $0.2478 to $0.2453. Two forceful selling waves drove the token below $0.2470 and $0.2460, with back-to-back volume surges of 1.71 million and 1.69 million tokens during the a one minute window — more than eight times typical levels.

XLM/USD (TradingView)Key Technical Levels Signal Continued Pressure for XLMSupport/Resistance Analysis:Immediate support holds at $0.2449 session lows.Strong resistance confirmed near $0.2600 level.Critical support breakdown completed at $0.2520.Volume Analysis:36.3 million volume spike marked 78% above daily average.Consecutive 1.7 million+ volume surges during breakdown.8x normal volume levels confirmed institutional selling.Chart Patterns:Consecutive lower highs pattern from $0.2602 peak.Accelerating bearish momentum through support violations.Two-wave selling structure dominates 60-minute chart.Targets & Risk/Reward:Downside target sits at $0.2430 if momentum continues.Resistance builds at $0.2520 as former support flips.Key reversal level remains $0.2600 for recovery attempts.Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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Stella’s $XLM Token Breaks $0.25 Support as Altcoins Decline

STRC drops to near $80, marking another new all-time low.

According to Bitget market data, Strategy’s preferred stock STRC has dropped to a low of $80.26, hitting a new all-time low since its listing. Calculated based on a $100 par value, the current discount has reached 20%.

6 minutes ago

OKX will launch CARDS spot trading today.

According to an official announcement, OKX will launch spot trading for CARDS (Collector Crypt) today. CARDS deposits will open at 18:00 UTC+8 on June 25, pre-ordering for the CARDS/USDT trading pair will run from 19:00 to 20:00 UTC+8, spot trading will officially commence at 20:00 UTC+8, and withdrawal functions will be available at 22:00 UTC+8.

6 minutes ago

Iran's Revolutionary Guards Corps warned that any vessels using the Strait of Hormuz route without Tehran's approval will be targeted.

Iran's Islamic Revolutionary Guard Corps (IRGC) issued a stern warning to international shipping on Wednesday, stating that any new shipping route through the Strait of Hormuz established without coordination with Tehran is unacceptable and dangerous, and threatening to take direct action against vessels that ignore its orders. The IRGC declared that vessels can only safely transit the Strait of Hormuz via routes designated by Iran. The IRGC Navy added that all vessels seeking to transit the strait must coordinate with the Iranian military via International Maritime Distress and Safety Frequency Channel 16, a requirement that effectively places Iranian military approval at the core of all commercial shipping transiting this key chokepoint. (Jinshi)

6 minutes ago

A crypto whale holding 120,000 ETH long positions has an unrealized loss of over $77 million, and added $8 million in margin in the early hours.

According to on-chain analyst ai_9684xtpa’s monitoring, a whale holding 120,000 ETH in long positions added $8 million in margin in the early hours. Currently, the total unrealized loss on its ETH long positions across four linked addresses stands at approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the significant paper losses, there remains a large buffer before liquidation, and over 6 million USDC is still held on-chain to replenish margin, resulting in low short-term liquidation risk.

6 minutes ago

A crypto whale holding 120,000 ETH long positions is sitting on an unrealized loss of over $77 million, and added $8 million in margin in the early hours.

According to on-chain analyst ai_9684xtpa’s monitoring, the whale holding a long position of 120,000 ETH added $8 million in margin again in the early hours. Currently, the ETH long positions across its four associated addresses have accumulated an unrealized loss of approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the massive unrealized loss, there is still a significant buffer before liquidation, and over 6 million USDC are still held on-chain to supplement margin, leading to low short-term liquidation risk.

6 minutes ago

Ripple's stablecoin RLUSD approved to enter Japanese market

According to official announcements, Ripple’s stablecoin RLUSD has been officially approved by Japan’s Financial Services Agency (JFSA) and launched in Japan. Through a partnership with SBI Group and its subsidiary trading platform VCTRADE, RLUSD will be accessible to institutional and retail users for use in scenarios including payments, asset tokenization, and collateral management.

6 minutes ago

Some of the most popular companies in the cryptoeconomy have banded together to create an organization that will assess and rate top cryptocurrency projects on the likelihood of these projects being securities per U.S. federal securities laws.

That organization, the Crypto Rating Council (CRC), counts exchange operators like Bittrex, Coinbase, Kraken, and Poloniex-backers Circle among its first members, as well as the firms of Anchorage, DRW Cumberland, Genesis, and Grayscale Investments.

So why the need for such a body?

The so-called Howey Test, which is a test devised by the U.S. Supreme Court to determine if a given asset is a security, commonly leads to “judgment calls, inconsistent results, and … disagreement among legal experts,” the CRC said on the Frequently Asked Questions section of its new website.

Accordingly, the organization’s rating system — which runs from 1 to 5, with 5 indicating an asset bears the hallmarks of a security and 1 meaning the opposite — is being hailed by members as a “compliance tool” that will help bring consistency to their respective asset review processes.

Founded by prominent companies across the crypto industry, our mission is to lead crypto financial services firms committed to practical compliance with the U.S. securities laws. We are the Crypto Rating Council, and we launched today: https://t.co/FbdwfSZN9D

— Crypto Rating Council (@CRC_Crypto) September 30, 2019

“The CRC will publish a simple rating for most assets it reviews to indicate the results of its analysis as a reference for operators, developers, and the public,” the organization said.

With that said, the ratings are utterly non-binding and have been made without involvement from the U.S. Securities and Exchange Commission (SEC). So, while clarity is the professed goal, the only thing the CRC has ultimately made more clear is what its members think about the legal status of top cryptocurrencies in America.

“The score does not reflect a legal conclusion and is no indication of qualitative value of an asset or suitability for investment or any other purpose,” the CRC said of its ratings.

How the First Scores Look Don’t expect any surprises when it comes to bitcoin (BTC). The oldest cryptocurrency, which has long been held up by various stakeholders as a standard for decentralized projects, received a 1 rating from the CRC.

Other projects the body deemed to have “few or no characteristics consistent with treatment as a security” included DeFi’s darling Dai stablecoin, the popular Monero (XMR) privacy cryptocurrency, and Litecoin (LTC).

The 2 rating was given to the next rung of projects that the CRC deemed to seem mostly decentralized according to its framework. These projects included Ethereum (ETH), Zcash (ZEC), Numeraire (NMR), ChainLink (LINK), and the fledgling proof-of-stake project Algorand (ALGO).

Getting on up there according to the group were projects like Augur (3.75), EOS (3.75), Stellar (3.75), Tezos (3.75), and XRP (4). The highest inaugural scores were given to Polymath (4.5) and Maker (4.5).

Notably, the SEC announced just hours after these ratings were released that Block.one, the team behind the EOS launch, had settled charges and would pay a $24 million civil penalty for its year-long ICO being an unregistered security offering.

The Commission said the securities status only applied to the “IOU” ERC20 token that was issued during the sale rather than the current EOS cryptocurrency, which lives on EOS now rather than Ethereum.

Are Exchanges Listing Securities? One question that immediately started buzzing through the ecosystem on the heels of the announcement of the CRC was why would exchanges like Coinbase take chances on assets like XRP that appear to bear considerable resemblances to a security in the U.S.?

One possibility is that the group’s members consider “security status is binary,” according to Jake Chervinsky, the General Counsel of DeFi lending project Compound Finance. In other words, anything less than a 5 rating would be fair game accordingly.

My best guess: they'd say security status is binary and as a matter of law it doesn't make a difference how close a token comes to being a security if it's ultimately not one.

On that logic, though, query the value of publishing the five-point score in the first place.

— Jake Chervinsky (@jchervinsky) September 30, 2019

But even if the already rated cryptocurrencies later end up being cleared as “not securities” per the SEC, the CRC rating system can lead to future conflicts of interest, e.g. member exchanges being charitable in their ratings because they stand to gain from trade volume.

In my opinion, this rating system creates a massive conflict of interest. All of the companies that joined this consortium are massively incentivized to rate the vast majority of tokens as non-securities. Coinbase listed some very questionable tokens including XRP, Tezos, EOS

— Larry Cermak (@lawmaster) September 30, 2019

But there’s a silver lining here, according to Blockchain chief executive officer and president Marco Santori. In a Twitter thread on the CRC announcement, Santori said the effort was suspect in some ways but was also a positive attempt at self-regulation in an industry that needs more regulatory clarity in general.

8/ So why on earth would they publish this? Why on earth should we applaud their effort?

Well, actually we should.

As an industry, this stuff is basically the best we've got.

THAT'S RIGHT ITS A TWIST

wait hear me out.

— Marco Santori (@msantoriESQ) September 30, 2019

William M. Peaster

William M. Peaster is a professional writer and editor who specializes in the Ethereum, Dai, and Bitcoin beats in the cryptoeconomy. He's appeared in Blockonomi, Binance Academy, Bitsonline, and more. He enjoys tracking smart contracts, DAOs, dApps, and the Lightning Network. He's learning Solidity, too! Contact him on Telegram at @wmpeaster

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Numeraire, a token linked to the artificial intelligence-powered hedge fund Numerai, has soared nearly 30% in the past 24 hours amid a staggering 2,900% spike in daily trading volume.

The Numeraire (NMR) price rose sharply as top cryptocurrencies wavered amid continued tariff uncertainty. As risk assets slipped on news that China had “violated” its trade agreement with the U.S., NMR, the native token of the AI hedge fund designed to democratize data science via blockchain, rallied to highs of $12.04 across major exchanges.

Upside momentum continued Numeraire’s recent uptick, with Friday’s performance marking its best in the past two weeks. Although its gains paled in comparison to the staggering 445% move for Pocket Network and the 150% upwing for Livepeer, NMR posted an astounding statistic of its own too.

NMR price currently hovers above the psychological $10 mark.

While price increased only by about 30%, the token’s daily volume skyrocketed by more than 2,900%. From lows of $5.46 million the day before—May 29, 2025—Numeraire buying pressure pushed the daily volume up to $156 million.

The spike in price and volume defied the broader market, with global crypto volume up by 7.5% to $142 billion and global market cap down 2.7% to $3.31 trillion. A look at the AI-related tokens sector showed that while sector volume rose an average 88% to over $7.4 billion, most of the top AI tokens were down between 4% and 13% in the past 24 hours.

Numeraire, whose AI approach includes integration of artificial intelligence and blockchain for data scientists, is seeing its utility token gain amid fresh interest in the project. NMR is used to incentivize data scientists with its utility in prediction and staking crucial.

Recently, Numerai revealed that the platform has recorded over $5.5 million in staking by data scientists.

July 17, 2025 – San Francisco, California

Crowdsourced hedge fund announces strategic token buyback as Meta Model leads amid AUM growth. Numerai, the decentralized hedge fund powered by crowdsourced machine learning, today announced plans to buy back $1 million of its token, Numeraire (NMR), from the open market.

The buyback reflects Numerai’s continued investment in its staking ecosystem, a mechanism that aligns thousands of global data scientists with the long-term performance of its hedge fund.

Over the past year, Numerai has more than doubled its AUM (assets under management), growing from approximately $173 million to over $441 million.

The fund now trades more than $1 billion per month across over 30 global markets, relying on machine learning models crowdsourced from a global network of data scientists who stake NMR on their predictions.

Each week, thousands of data scientists submit predictions to Numerai’s tournament and stake NMR on their models’ performance.

These stakes encourage aligned, high-quality contributions to the hedge fund, and it’s working.

Numerai’s stake-weighted Meta Model, an ensemble of user models weighted by their NMR staked, has consistently outperformed individual models, reinforcing Numerai’s incentive-aligned approach to collective intelligence.

Richard Craib, founder and CEO of Numerai, said,

“The success of our stake-weighted Meta Model speaks for itself – it’s outperformed every individual model over the past year.

“As our AUM grows and top institutional allocators join us, the role of NMR has never been more critical.”

But as Numerai’s ecosystem has matured, NMR has become scarce.

With a fixed supply capped at 11 million, and roughly three million NMR remaining in Numerai’s treasury, the company has limited capacity to continue distributing staking rewards at historical levels.

The company says the buyback will help underscore its long-term commitment to its participants and maintain economic stability.

The buyback will be executed gradually to ensure transparency.

Orders will be placed at or near prevailing bid prices, allowing the program to unfold gradually over time.

The full explanation behind the buyback can be found on Numerai’s newly launched blog.

About Numerai Founded in 2015, Numerai is a San Francisco-based hedge fund that crowdsources stock market predictions to solve the hardest problem in finance.

The fund is powered by thousands of data scientists globally who can stake NMR on their models and contribute to a crowdsourced Meta Model used in live trading.

Discord | X | Docs

Contact Lindsay Smith, press for Numerai

 

Cronos (CRO), Numeraire (NMR), and Hyperliquid (HYPE) emerged as the top crypto gainers on Wednesday, rallying strongly on the back of bullish news and market momentum. Cronos price surges to a new yearly high following Trump Media's plans for a CRO treasury company. At the same time, Numeraire soared after securing a massive $500 million commitment from JPMorgan Asset Management. Meanwhile, Hyperliquid (HYPE) extended its upward run, breaking past its record high and entering price discovery mode.

Cronos price hits a yearly high as Trump Media announces plans to establish a CRO treasury companyTrump Media Group announced on Tuesday that it has agreed with Crypto.com to establish a CRO treasury company. The companies will jointly establish Trump Media Group CRO Strategy Inc., with an expected funding of $6.42 billion at launch. The initial investment will comprise $1 billion in CRO (approximately 6.3 billion CRO), $200 million in cash, $220 million in warrants, and an additional $5 billion line of credit from an affiliate of Yorkville.

This news announcement triggered a sharp rally in CRO's price, reaching a new yearly high of $0.21 that day. 

CRO's daily chart, as shown below, highlights that the upward trend continues, trading higher by 3.57% at the time of writing on Wednesday, around $0.20.

If the upward momentum continues, CRO could extend the rally toward its December $0.23.

The Relative Strength Index (RSI) on the daily chart reads 76, above its overbought territory, pointing upward and indicating strong bullish momentum. The Moving Average Convergence Divergence (MACD) also showed a bullish crossover on Tuesday, providing a buy signal and reinforcing the bullish thesis.

CRO/USDT daily chart

Numeraire jumps on $500 million JPMorgan backingBloomberg report on Tuesday highlighted that crowdsourced quantitative fund Numerai has secured a commitment of up to $500 million from JPMorgan Chase & Co.'s asset-management arm, to be deployed over the next year. The quantitative firm currently operates with approximately $450 million. This news triggered a sharp rally in the NMR token price, with gains of over 100% that day. 

The daily chart below shows that the NMR price extends its gains by 10% at the time of writing on Wednesday, trading above $17.80.

If NMR continues its upward momentum, it could extend the rally toward its next weekly resistance at $22.29. 

The RSI on the daily chart reads 82 above its overbought conditions, suggesting strong bullish momentum. 

NMR/USDT daily chart 

Hyperliquid hits a new all-time high Hyperliquid price found support around the ascending trendline (drawn by connecting multiple lows since early April) on Thursday and rose 13.88% over the next three days, closing above its 50-day Exponential Moving Average (EMA) at $42.44. However, on Monday, it faced a 6.6% correction, retesting the 50-day EMA and finding support, rallying by over 13% the next day. At the time of writing on Wednesday, it continues its rally, surpassing its previous record high at $49.88. 

HYPE enters a price discovery mode, and if it continues its rally, it could extend gains to test its key psychological level at $60.  

The RSI on the daily chart reads 61 above its neutral level of 50, indicating bullish momentum. The MACD also showed a bullish crossover on Tuesday, further supporting the bullish thesis.

HYPE/USDT daily chart 

However, if HYPE faces a correction, it could extend the decline toward its 50-day EMA at $42.92.

In brief AI tokens climbed nearly 6% in 24 hours, lifting their market value to $29.4 billion. Numerai crowdsources trading signals, rewarding data scientists with NMR tokens. JPMorgan’s potential stake underscores a growing interest in AI-crypto funds. The token for Numerai, a crypto hedge fund that uses artificial intelligence, led a surge in AI-focused digital assets on Wednesday after JP Morgan Asset Management said it was committing $500 million to the project.

NMR was up more than 100% over the past 24 hours to trade near $23, according to crypto markets data provider CoinGecko.

The AI-token sector rose 5.8% in 24 hours, reaching a total market cap of $29.4 billion, according to CoinGecko. The rally came even after Nvidia, whose hardware underpins much of the artificial intelligence boom, reported weaker-than-expected second-quarter earnings.

Among the 24-hour gainers, Near Protocol (NEAR) climbed 1.5%, the token of the Artificial Superintelligence Alliance (FET) added 1.3%, and Internet Computer (ICP) rose 1%.

Founded in 2015, Numerai crowdsources market forecasts from data scientists, rewarding top models with its NMR token. It began with an encrypted online tournament where participants competed to predict stock prices.

In hedge fund terms, “capacity” means an investor has locked in the option to allocate a set amount of money to a fund, ensuring access even if the fund later limits new investments. It signals a reserved allocation, not an immediate transfer of funds. Numerai has attracted high-profile early backers over the years, including Paul Tudor Jones, Naval Ravikant, and Renaissance Technologies co-founder Howard Morgan.

The Numerai deal marks another pivot for JPMorgan, whose CEO Jamie Dimon has long been a vocal crypto skeptic. Dimon once called Bitcoin a “fraud” and likened digital assets to “decentralized Ponzi schemes.”

But Dimon has softened his stance. At a May investor day, Dimon said that while he still doesn’t support Bitcoin personally, JP Morgan would allow clients to buy it. In June, the bank said it was exploring crypto‑backed lending and offering loans backed by clients’ digital‑asset holdings.

JP Morgan Asset Management did not immediately respond to a request for comment by Decrypt.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.

Key Takeaways J.P. Morgan’s $500 million commitment secured by Numerai has fueled the AI-powered hedge fund token’s recent rally, and sentiment behind the altcoin remains bullish.

Numeraire [NMR], the crypto hedge fund token, has rallied 138.4% since the 26th of August. These gains came after an announcement that J.P. Morgan secured a $500 million capacity in Numerai.

The allocation will be deployed over the next year, and the returns will be tied to the crowdsourced trading models built by data scientists worldwide.

The AI-driven hedge fund has expanded its assets under management to $450 million, with most of the growth occurring in the past three years.

The Numeraire all-time high at $93.15 was set in May 2021. The current market price of $18.79 was nearly 80% lower than this ATH.

The unique blend of crowdsourced prediction models, AI, and blockchain tech could make NMR an appealing prospect for investors.

Charting the way ahead for Numeraire Source: NMR/USDT on TradingView On the 1-day chart, NMR showed bullish promise. It has broken out of the consolidation phase it had been constrained within from March to late August.

The breakout past $10-$12 occurred on high trading volume, and $12 has been retested as a support level.

The OBV was slowly climbing higher in recent months, and the buying pressure over the past two weeks saw the volume indicator jump higher.

Together, the buying pressure was clear, and sustained demand will propel Numeraire higher.

Source: NMR/USDT on TradingView On the 4-hour chart, the MFI showed a threat of a bearish divergence. This has not yet occurred, but if it develops, it would mean NMR is overextended in the short-term.

A price move past $20 accompanied by a lower high on the MFI is something traders should watch out for on the 4-hour timeframe.

The $16 support zone should be a good place for a pullback to reverse, in case of a pullback. The $18.3 support might be defended over the coming days if NMR enters a short-term consolidation.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

The Liquity Protocol team is investigating a potential issue affecting its V2 Stability Pools

The Liquity Protocol team is investigating a potential issue affecting its V2 Stability Pools, known as 'Earn.' While the protocol is functioning normally and no users have been impacted so far, the team has advised users to close their Stability Pool positions as a precaution.

Additionally, they recommend refraining from making new deposits into the Stability Pool and suggest withdrawing existing deposits until the investigation is complete. This advisory comes amid concerns about a potential risk associated with the Stability Pools.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

Decentralized lending protocol Liquity has seen over $17 million in withdrawals after urging users to exit its v2 stability pools due to an ongoing investigation into a potential threat.

According to DefiLlama, an upward of $17 million has left the platform in the past 24 hours. Liquity’s total value locked has dropped, falling from its all-time high of $84.9 million on Feb. 11 to $67.84 million. The outflows primarily impacted the protocol’s stability pools containing wstETH, WETH, and rETH. Liquity v1 has remained unaffected, showing no signs of similar withdrawals.  

On Feb. 12, Liquity v2 issued an urgent warning to users, advising them to withdraw funds from its stability pools. Shortly after Liquity’s announcement, Ethereum staking giant Lido also issued a notice advising wstETH holders to remove their assets from Liquity v2’s Stability Pool. Neither Liquity nor Lido disclosed specific details about the underlying threat. The immediate market reaction to these notices led to the ongoing withdrawals.

⚠️ Notice to wstETH Users:

It is recommended to promptly withdraw tokens from Liquity V2 Stability Pool (“Earn”) as a potential issue is being investigated by their team.

For updates, refer to official Liquity channels. https://t.co/2ag6TcwK1q

— Lido (@LidoFinance) February 12, 2025 Liquity’s team has since informed users that the protocol is working as usual and that all funds are safe. They assured investors that key features like withdrawing collateral, redeeming stablecoins, and staking LQTY, were still running smoothly. They also confirmed that BOLD, Liquity’s stablecoin, remained fully backed.

Liquity v2 was launched on Jan. 23 with several new features aimed at improving borrowing and lending. The update made it possible for users to use several assets as collateral. These include stETH, rETH, and WETH. It also introduced a flexible interest rate system where borrowers could set rates between 0.5% and 1,000%. The stability pool was designed to reward users with interest and liquidation profits.

Now that Liquity v2 is under investigation, the platform is facing a major test of user trust. While withdrawals have slowed, the ongoing uncertainty could affect the protocol’s growth. It’s still unclear if the issue has been completely resolved or whether it will lead to more instability. Liquity’s token price was only mildly affected and remains stable for now.

Chainlink, the leading provider of onchain data and interoperability solutions, welcomed three new projects—Zeus Network, Liquity, and SHIFT RWA—to its ecosystem. These integrations highlight the rising demand for secure, decentralized infrastructure as cross-chain and tokenized asset markets grow.

Zeus Network Brings Bitcoin to Solana Zeus Network, a Bitcoin layer built on Solana, has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Proof of Reserve to expand the reach of zBTC, its permissionless Bitcoin-backed asset. This move aims to connect Bitcoin with multiple chains, including Ethereum, Base, and Sonic, while using Chainlink’s infrastructure to ensure zBTC remains fully collateralized.

Through its dApp, APOLLO, Zeus allows users to lock native BTC and mint zBTC on Solana. Unlike centralized wrapped BTC options, zBTC is entirely decentralized. Its reserves are transparently verifiable through ZeusScan, backed by Chainlink's Proof of Reserve—a key step toward full transparency and security in cross-chain asset flows.

By leveraging CCIP, Zeus is looking to make zBTC more mobile across chains. Their long-term ambition is bold: onboard 1% of all Bitcoin onto the Solana ecosystem. The use of Chainlink's infrastructure helps ensure zBTC can move between blockchains while remaining fully backed and independently verifiable.

“Zeus Network’s integration of Chainlink CCIP and Proof of Reserve demonstrates a strong commitment to secure, decentralized cross-chain BTCFi,” said Luke Lim, Head of CCIP Go-To-Market at Chainlink Labs.

Image: Zeus NetworkLiquity V2 Turns to Chainlink CCIP Liquity V2, the Ethereum-native borrowing protocol, has also adopted Chainlink’s CCIP—but with a different mission. It’s rolling out BOLD, a new ETH-backed stablecoin that can operate natively across chains. This is made possible by Chainlink’s Cross-Chain Token (CCT) standard, which allows any token to become interoperable across EVM-compatible networks.

By integrating CCT, BOLD can now bridge across Arbitrum, Base, Ethereum, and Optimism, streamlining access to liquidity and simplifying cross-chain operations. Users no longer need to rely on wrapped assets or third-party bridges. This also enables Liquity to unify the many forks of its protocol scattered across different blockchains.

Security remains central to the Liquity-Chainlink collaboration. Per reports, Liquity selected CCIP after evaluating various solutions due to its strong security track record. 

CCIP uses the Chainlink Decentralized Oracle Network (DON), which has secured over $75 billion in DeFi total value locked (TVL) and powered $18 trillion in onchain value transfers since 2022.

It also features the Risk Management Network—a separate verification layer that monitors CCIP activity in real time. This defense-in-depth architecture makes CCIP one of the most secure interoperability protocols on the market, a vital consideration after numerous cross-chain bridge exploits in recent years.

By using CCIP, Liquity V2 ensures BOLD can travel across chains securely, with programmable token transfers that allow smart contracts to take immediate action on the destination chain. 

Image: LiquitySHIFT RWA Joins Chainlink BUILD SHIFT RWA, a project focused on bringing real-world assets onchain, has joined Chainlink’s BUILD Program. This will give SHIFT enhanced access to Chainlink’s oracle services, technical support, and ecosystem-wide collaboration—all in exchange for a share of its native token supply distributed to Chainlink service providers and stakers.

SHIFT is building Asset-Referenced Tokens (ARTokens)—MiCAR-compliant digital assets backed by stocks, bonds, and ETFs. These tokens aim to offer 24/7, cost-effective, and transparent access to real-world assets via DeFi platforms. TradFi institutions can use ARTokens to tap into DeFi liquidity without leaving regulatory frameworks behind.

To increase user trust, SHIFT will integrate Chainlink’s Proof of Reserve for its tokenized assets. This ensures that each ARToken is fully backed by corresponding offchain assets and that this backing can be verified onchain at all times. The result is higher transparency and more confidence for both institutions and individual users.

SHIFT’s broader mission is to enable compliant and secure crossovers between Wall Street and decentralized finance. 

Image: Shift RWAWhy This Matters for the Future of Web3Chainlink's newest integrations reflect a growing trend: projects are no longer willing to compromise on security or decentralization in the name of convenience. Whether it’s cross-chain Bitcoin (Zeus), stablecoins that work natively across multiple chains (Liquity), or real-world asset tokenization (SHIFT), the need for reliable infrastructure is clear.

Each of these projects uses Chainlink differently:

Zeus brings secure, verifiable Bitcoin to Solana.Liquity turns its stablecoin into a native cross-chain asset.SHIFT ensures real-world assets are always transparently backed.As more ecosystems embrace Chainlink standards, crypto’s fragmented infrastructure begins to unify. That benefits users, builders, and institutions alike—reducing risk, boosting efficiency, and enabling new financial applications across chains and asset types. 

Liquity V2 is live with its new $BOLD stablecoin, NFT-based Troves, and a “forkonomics” program spawning friendly spinoffs.

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Liquity, the decentralized borrowing protocol, launched its V2 platform on Ethereum this month. The V2 offers new borrowing and earning opportunities and could mark the start of a new era of "friendly forks" in DeFi.

Let's catch you up with a quickstart primer...

What's New?via LiquityWith its minimized governance and its ETH-only collateral policy, Liquity V1 and its $LUSD stablecoin were bastions of decentralization in DeFi.

The goal with the V2 system, then, is to expand upon this solid foundation toward more flexible and more profitable ends.

For starters, V2 supports ETH and popular liquid staking tokens like rETH and wstETH, while its new $BOLD stablecoin—which is always redeemable for $1 of collateral—is the keystone of the protocol's flywheel design.

Here, the wheel starts when users deposit ETH or LSTs as collateral and borrow $BOLD. Unlike V1’s one-time fee, borrowers in V2 set their own ongoing interest rates. Lower rates = higher risk, while higher rates reduce redemption risk.

The ensuing interest payments from borrowers are continuously collected in $BOLD. At this point:

75% of the interest revenue goes to depositors in the Stability Pools, who supply $BOLD to absorb liquidations. Note, depositors also earn from the distribution of collateral seized from these liquidations. 25% of the interest revenue is allocated to liquidity providers on external decentralized exchanges, e.g. Uniswap or Curve, as Protocol Incentivized Liquidity (PIL) for fostering $BOLD liquidity across DeFi.Going back to the Stability Pools, liquidations remove "cheap" debt, forcing up interest rates and increasing yield for Stability Pool depositors. This dynamic boosts demand for $BOLD as access to this yield, which in turn helps stabilize the stablecoin's $1 USD peg.

All that said, the $BOLD idea is to create a positive feedback loop:

Borrowers pay interest → Interest rewards depositors and LPs → More demand for BOLD → Peg stability and liquidity → Attracts more borrowers and depositors, etc. Also, as an NFT aficionado myself, it's worth mentioning that another major change in Liquity V2 is the protocol now represents its borrow positions, a.k.a. Troves, as ERC-721 NFTs similar to how Uniswap V3 LP NFTs work.

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This design wrinkle has paved the way for 1) easy management of multiple Troves within a single wallet, and 2) secondary markets for Liquity's borrow positions on NFT marketplaces, e.g. OpenSea.

What About Friendly Forks?via LiquityLiquity published its V2 codebase under a Business Source License (BUSL).
Anyone can read the contracts, but to deploy a commercial copy before September 2027 you need a license from the Liquity AG team.

Mind you, Liquity V1 was forked over 30 times. But with V2 the builders have leaned in and created a collaborative “Friendly Fork” program.

Accordingly, +15 teams have already signed up to release their own V2-based stablecoins, e.g. Nerite's $USDN on Arbitrum, Felix's $feUSD on HyperLiquid, Beraborrow's $NECT on Berachain, etc.

Liquity calls this model “forkonomics.” Instead of dozens of unaffiliated clones fighting for scraps, the network effect flows both ways:

New apps can tap a next-gen stablecoin design and monetize their chain's native assets without begging USDC to bridge in. $BOLD users can enjoy airdrop-like opportunities for fresh deployments—early yield on Stability Pools plus extra LP rewards when you seed liquidity against the new fork's dollar. As for Liquity itself, this fork system facilitates $BOLD demand and a web of integrations without Liquity proper having to stretch beyond Ethereum. If the experiment works, expect future DeFi heavyweights to adapt this “licensed but aligned” playbook for their own projects.

How to Get Startedvia LiquityRight now, there are three main ways you can interact with Liquity V2: borrowing $BOLD, depositing to the Stability Pools, or staking $LQTY.

Borrowing is a means to acquire $BOLD for depositing into the Stability Pools, while staking $LQTY allows you to 1) earn revenues from the ongoing Liquity V1 protocol, and 2) vote on which external liquidity pools receive the V2 PIL incentives.

However, Liquity doesn't maintain its own V2 frontend for the sake of decentralization, so to dive in you'll have to pick from one of the independent community-run options.

via LiquityI recently wrote about DeFi Saver, and I'm a huge fan of that platform, so I can personally recommend it for Liquity V2 users. It offers the basics, like the ability to create Trove borrow positions and deposit to the Stability Pools, plus more advanced functionalities like automated leverage management, stop losses, simulated positions, and beyond.

You can also stake $LQTY on DeFi Saver (just flick over "Stake" tab in the platform's Liquity V2 hub) to earn V1 fees, but if you want to also vote on V2 PIL incentives, consider using other frontends like liquity.app that offer voting dashboards for stakers.

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Rocket Pool’s DAO has approved a proposal to launch part of its payments on Liquity Protocol V2’s BOLD, a decentralized overcollateralized stablecoin backed by rETH.

The launch of this new investment service enables Rocket Pool’s DAO members to access loans using Ethereum as collateral.

This service allows the members to access capital without the need to sell their Ethereum holdings, providing friendly loan conditions and entire control via Liquity Protocol V2’s collateralized debt platform.

Why Is This Decentralized Loan Offering Unique? This program by Rocket Pool is crucial as it offers new investment opportunities for its DAO members who hold Ethereum, enabling them to utilize their virtual tokens for liquidity without having to sell their holdings. This initiative is designed to provide an advanced and seamless approach to the DAO members to manage their investments, offering an option to traditional lending techniques that normally come with strict loan requirements and time-consuming approval procedures.

By providing Ethereum-backed loans, Rocket Pool is not just broadening its offerings but also establishing itself as a visionary decentralized staking protocol that understands the growing demand of the modern market. The integration highlights the rising adoption of crypto assets, offering users multiple alternatives to manage their money in the modern era.

Unlocking Credit for DAO Members This action by Rocket Pool is a strategic move to integrate Ethereum more deeply into the DeFi ecosystem. By enabling its DAO members to leverage their Ethereum holdings as collateral for loans, Rocket Pool is offering a solution that resolves the liquidity demand for Ethereum holders without forcing them to sell their tokens. 

This method not only helps members maintain their ETH investments but also offers them flexibility to engage in other financial expansion opportunities. This initiative’s flexible conditions make it appealing for users who are burdened by traditional loans because of borrowing restrictions. Lastly, the entire control provided through Liquity Protocol V2 ensures that customers can manage their loans effectively and seamlessly. 

AUTHOR

Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.

According to Flare Network, there’s now a stablecoin backed with XRP running on Enosys Liquity V2. The announcement coincides with a new milestone for the XRP Ledger.

Enosys Brings Liquity V2 to Flare, Unlocking XRP Stablecoin The upgrade results in increased liquidity of XRP on the blockchain and expands its utility in the decentralized finance space. Initially, the stablecoin will be pegged to XRP on Flare (FXRP) with the Wrapped Flare token (wFLR) as collateral.

Holders can then transfer staked XRP (stXRP ) and other tokenized assets to Flare (FAssets). This system operates on the model of a Collateralized Debt Position. Thus, users have the opportunity to lock their digital assets and mint a stablecoin.

The first XRP-backed stablecoin comes to @FlareNetworks with @enosys_global Loans ☀️

→ Launching with FXRP and wFLR, then stXRP and other FAssets
→ Backed by Collateralized Debt Positions (CDPs) mechanism
→ @LiquityProtocol V2 friendly fork + Stability pools + FTSO-powered… pic.twitter.com/ehK8lbGuXl

— Flare ☀️ (@FlareNetworks) September 19, 2025

The design integrates core Liquity features, including decentralized pricing from Flare’s decentralized oracle system, known as the Flare Time Series Oracle (FTSO). The Enosys Liquity V2 is an autonomous borrowing system built on Liquidity Protocol version 2.

Liquity previously used Ethereum as collateral, but Enosys has now reworked its use on Flare with XRP. This approach has already seen adoption, with Everything Blockchain tapping Flare’s XRP DeFi framework for its crypto treasury.

Users can lock their assets in XRP and create stablecoins. This is made possible through Locked Asset Loans, Safety Funds, and Blockchain Price Feeds. Using these methods ensures that the stablecoin remains secure, transparent, and reliable.

Stablecoin Creates Greater Value as XRPL Accounts Surpass 7 Million With the introduction of this model on Flare, Enosys has launched the first on-chain debt protocol that works with XRP as collateral. The stablecoin gives XRP holders an additional use for their token.

Investors can also use their tokens to issue stablecoins instead of selling them for cash. The stablecoins generated from the XRP can be used for multiple purposes, such as payments, lending, trading, or earning interest in DeFi. The XRP Ledger is also emerging as a global settlement layer for stablecoins, strengthening its role in broader financial applications.

Such stablecoins can also be used to purchase NFTs, according to the CEO of Flare, Hugo Philion. Philion further stated that this enables the coin to be utilized in the digital economy.

The process unlocks liquidity while still allowing holders to retain long-term exposure to XRP. Participants will also gain reward Flare tokens (rFLR). This adds an incentive for adoption within the ecosystem.

The stablecoin launch comes at a time of expanding XRP network usage. Data from XRPScan shows that the number of active accounts on XRPL has crossed 7 million. This milestone highlights rising adoption across the ledger.