TLDR: Pi Network launched Pi App Studio to simplify AI-powered app creation for both technical and non-technical users. Developers can access tools like Claude Code, Replit, and Cursor to build apps within the Pi ecosystem instantly. Pi Coin trades near $0.1664 with 174 million tokens set for release in May, raising concerns over selling pressure. Protocol 23 upgrade aims to introduce smart contracts and deeper AI integration to strengthen Pi Network’s long-term utility. Pi Network has introduced Pi App Studio, a platform aimed at simplifying AI-powered app creation and distribution within its blockchain ecosystem.
The launch marks a key step in the project’s broader strategy to merge artificial intelligence, decentralized infrastructure, and verified digital identity.
With over 60 million users and approximately 18 million KYC-verified participants, the network offers developers immediate access to a large, active community.
Pi App Studio Opens Doors for Non-Technical Creators Pi App Studio supports AI-assisted coding tools for building applications directly within the Pi ecosystem. Tools such as OpenAI Codex, Claude Code, Replit, Cursor, and Lovable are available to creators. These assistants automate large parts of the development process, making it more accessible.
The platform targets not only experienced developers but also entrepreneurs, founders, and product designers. Non-technical users can now transform ideas into real applications using generative AI. This approach lowers the barrier for entry into blockchain-based app development significantly.
Pi Network’s founders, Chengdiao Fan and Nicolas Kokkalis, outlined their vision at Consensus 2026 in Miami. They stressed the growing importance of combining AI, identity verification, and decentralized payments. The network’s verified user base is central to that vision.
🚀 Pi Network Expands Its AI Strategy With the Launch of Pi App Studio
The blockchain ecosystem Pi Network is continuing its expansion into artificial intelligence with the launch of Pi App Studio, a new platform designed to simplify the creation and distribution of AI-powered… pic.twitter.com/QDqo1KQ2RL
— Stellar XLM Holder (@SylvianGuibal) May 17, 2026
Unlike traditional app stores, Pi offers instant distribution to a built-in social ecosystem. Developers gain access to integrated payment capabilities and native blockchain tools from day one. This removes the costly user acquisition process common in other platforms.
Pi Coin Faces Pressure While Protocol 23 Draws Attention Despite the launch of Pi App Studio, Pi Coin continues to face market challenges. The token is currently trading around $0.1664, down roughly 2% in 24 hours and nearly 5% over the past week. Investor sentiment remains cautious amid ongoing concerns.
Around 174 million locked PI tokens are set for release before the end of May. This anticipated supply increase could add selling pressure to the market. Analysts are watching the $0.15 support level closely for signs of stability.
Community frustration is also growing over delays in the KYC verification process. Many users report being stuck in “Tentative KYC” status for months after submitting documents. The Pi team maintains that stricter checks are necessary for network fairness and security.
However, the upcoming Protocol 23 network upgrade could shift market sentiment. The update is expected to bring smart contracts, asset tokenization, and deeper AI integration.
If successfully implemented, it could strengthen the utility of the broader Pi Network ecosystem and drive long-term demand.
Coinbase‘s (NASDAQ:COIN) Ethereum Layer 2 network, Base, has taken a significant step toward merging artificial intelligence with decentralized finance by launching Base MCP. This innovative tool enables users to link their Base Accounts directly to popular AI platforms, allowing seamless onchain interactions through natural language conversations. Base MCP leverages the Model Context Protocol (MCP), an open standard that facilitates secure communication between AI systems and external services.
By connecting a user’s Base Account—the core wallet experience within the Base App—to AI interfaces such as ChatGPT, Claude (including its web, desktop, and code variants), Codex, and Cursor, individuals can now instruct their AI agents to handle a variety of blockchain tasks.
The possibilities are seemingly quite expansive. Users can direct their agents to monitor portfolio balances across Base and compatible EVM chains, examine transaction histories, initiate token transfers, execute swaps, and engage with prominent decentralized applications in the Base ecosystem.
What sets this apart is the integration of specialized skill plugins for leading protocols right from the outset.
These include lending platforms like Morpho and Moonwell for exploring markets, supplying assets, or borrowing; decentralized exchanges such as Uniswap and Aerodrome for liquidity management and trading; perpetuals trading on Avantis; and discovery tools like Bankr and Virtuals for new token and agent launches.
Security remains a top priority in the design. The MCP server does not store or access private keys at any point. Instead, when an AI agent prepares a transaction based on a user’s prompt, it generates a secure link.
This opens the Base Account interface in a separate window, where users can review a clear simulation of asset changes, then approve or reject the action explicitly.
This approval flow mirrors standard wallet experiences, ensuring users retain full control and mitigating risks like phishing or unauthorized executions.
Authentication relies on OAuth 2.1 standards, building on existing Base Account infrastructure for a familiar yet enhanced user journey.
This development represents a broader evolution in the “agentic” onchain economy, where AI becomes an active participant in managing digital assets rather than just a conversational tool.
Base’s ecosystem of applications provides a rich foundation, enabling agents to go beyond simple transfers and interact meaningfully with DeFi primitives.
Developers are also encouraged to contribute by creating custom skill plugins using straightforward markdown specifications that integrate with APIs or other MCP servers.
Base MCP positions the network at the forefront of AI-crypto convergence. As more integrations and refinements roll out—including improved prompting and expanded protocol support—everyday users could soon manage complex onchain activities with chat commands, thus potentially lowering barriers to blockchain participation.
Widely followed trader Inmortal says this year will see massive rallies for Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and one additional altcoin.
The pseudonymous trader tells his 214,000 followers on the social media platform X that API3 (API3), a decentralized data oracle network that aims to connect traditional APIs with blockchain applications, is ready to “get sent” after a long consolidation period.
[adinserter block="1"]
Inmortal mentions API3’s recent strategic funding round led by digital asset investment firm DWF labs and the bullish technicals on the altcoin’s chart.
“API3 about to get sent.
API3 has successfully concluded a strategic funding round, allocating treasury assets in exchange for four million USDC.
About the chart? nothing more to add, it’s just hyper bullish.
> +600 days accumulation over
> Clean retest of acc zone.
Send it.”
Source: Inmortal/X Looking at the trader’s chart, he seems to predict that the Ethereum-based altcoins will hit $6. At time of writing, API3 is trading at $3.37, up over 9% in the past day.
Looking at the broader markets, Inmortal is predicting strong 2024 finishes for BTC, ETH and SOL. According to the analyst, the next couple of months will likely be uneventful for much of the digital asset markets but expects a full-blown “parabolic uptrend” in Q4.
“> Boring June-July (chop + some traps for both sides)
> Uptrend resume in August
> Parabolic trend all Q4
BTC goes above $100,000, ETH above $10,000, $SOL above $500.
Altcoins do a x2-x5
API3, a pioneer in blockchain oracle solutions, is setting the stage for significant advancements within the Optimism Superchain ecosystem. API3 is crucial in scaling a cryptographically secure on-chain economy that maximizes value for all participants by enhancing data integration and scalability with its innovative Oracle Stack.
Optimism expanded Ethereum’s scalability in the past year by introducing the Superchain thesis. This new framework facilitates growth and adoption by enabling teams to build on the OP Stack and contribute to the OP Collective, which aims to pool revenue to fund public goods and move global adoption forward.
Within the Superchain ecosystem, oracles are indispensable as they provide the necessary data and tooling to scale new chains. API3’s Oracle Stack simplifies data integration, reducing technical barriers and enabling developers to focus more on building their applications and less on dealing with infrastructure challenges.
The API3 Oracle Stack includes decentralized data feeds from the API3 Market, QRNG for generating truly random numbers on-chain, and the OEV Network to recapture protocol MEV. These components are designed to meet the demands of Superchain builders for easy integration and scalability.
API3’s integration with new chains grants them immediate access to secure and decentralized data, which is vital for applications requiring real-time data, such as lending protocols and perpetual exchanges. This streamlining of Oracle services to new networks is critical as it allows developers to move quickly from concept to production without requiring extensive code changes or infrastructure management.
Key Examples and Adoption Base, a prominent example within the Superchain ecosystem, has more than doubled its total active users to over 9 million this year. The Total Value Locked has also tripled since the beginning of the year, crossing over $1.7 billion. Exiled Racers, a project on Base, uses API3’s QRNG to generate random events for their on-chain races. API3 has recently launched its Oracle Stack on Mode and Fraxtal, with Mode amassing over $500 million TVL and a strong DeFi ecosystem. Fraxtal, developed by Frax Finance, has gained early support from prominent DeFi partners and is poised to become a leading network for developing complex financial protocols.
Looking ahead, API3 has announced that they will support World Chain at its launch later this summer. World Chain aims to leverage proof of personhood to offer verified users priority transactions and gas allowances. Protocols on World Chain will be able to utilize API3’s verifiable, decentralized data feeds, which will be integrated with the OEV Network to enhance protocol performance.
AUTHOR
Kester is an experienced freelance content writer. His focus is primarily on blockchain technology and cryptocurrency. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media. In addition to being a skilled content writer, Mushumir is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Mushumir enjoys traveling, reading, and playing cricket when he is not writing. He now works as a news and article writer for BlockchainReporter.
Analyst comments continue to hold significant importance in the world of cryptocurrencies. One closely followed analyst, Inmortal, has indicated that this year could see significant price rallies for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and an altcoin.
Inmortal shared a post on X to make important announcements. In his statement to thousands of followers, he mentioned that API3, a decentralized data oracle network aiming to integrate traditional APIs into blockchain applications, is ready to rise after a long consolidation period.
Inmortal discussed the recent strategic funding round led by DWF Labs, one of the world’s leading investment firms, and the bullish outlook on the altcoin’s chart.
API3 is about to rise. API3 successfully completed a strategic funding round by allocating treasury assets worth four million USDC. What about the chart? Nothing more to add, just hyper bullish.
Accumulation for over 600 days.Clean retest of the Acc region.Send it.
According to the trader’s comment, the Ethereum-based altcoin API3 could reach $6. As of the time of writing, API3 is trading at 3.20 after a 3.97% drop in the last 24 hours.
API3’s market cap remains at 276 million dollars following the recent drop, while its 24-hour trading volume exceeded 48 million dollars after a 64% increase.
Inmortal also looked at leading cryptocurrencies BTC, ETH, and SOL, indicating a strong outlook for the rest of the year. The analyst noted that the coming months will likely be stagnant for cryptocurrencies, but a fully developed “parabolic uptrend” could form by the fourth quarter.
Boring June-July (some traps on both sides)Uptrend continued in August.Parabolic trend throughout Q4.BTC surpasses $100,000, ETH over $10,000, SOL above $500. Altcoins will multiply x2-x5. Charts never lie.
As of the time of writing, Bitcoin is trading at $69,100, while Ethereum continues to trade around $3,772. Following recent BTC and ETH ETF news, SOL is thought to be trading at $166.
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.
API3’s recent integration with Scroll is setting new standards for data integrity and accessibility. This strategic development not only enhances the functionality of the Scroll Layer 2 solution but also pioneers new mechanisms for data utilization in blockchain applications.
Revolutionizing Data Access in DeFi API3 is well known for its robust oracle solutions, and now it has introduced its high-tech Oracle Stack on Scroll which represents a considerable improvement on how developers can access decentralized data. Using this integration, developers can access API3s decentralized APIs (dAPIs) that will be critical for supporting the next generation of decentralized applications.
This is important because it provides a means for real-world data to be ported to and then fed directly into the blockchain networks that DeFi platforms rely on, in a way that is both secure and non-tamperable.
Simultaneously, the launch introduces the OEV Network, a technological breakthrough for updating oracles in the most efficient manner. The upgrade is concerned with making sure that the fundamental benefits of those updates are not simply siphoned off by arbitrage, but instead returned to the applications that originally built on them, and therefore recapturing MEV associated with these protocols.
Its significance is not just in the technical upgrade, but in the fact that as a global collective, it is moving towards a more sustainable and equitable financial system which minimizes value leakage and protects platform integrity.
API3's Oracle Stack is now available on @Scroll_ZKP 📜
Builders can now leverage:
▲ +180 decentralized data feeds (dAPIs) on the API3 Market
▲ OEV Network to recapture protocol MEV (launching soon!)
Start building today! 🛠️ pic.twitter.com/cXQ46FBQNF
— Api3 (@Api3DAO) June 19, 2024 Scroll’s zero-knowledge proof-based Layer 2 solution provides an Ethereum application platform with scalability and efficiency. On the flip side, incorporating API3’s Oracle Stack into Scroll expands its suite of high-throughput applications, under the backdrop of a highly-secure framework vital for the likes of DeFi operations.
By utilizing API3’s oracles, as a part of Scroll’s infrastructure, applications can provide real-time market data without adding layers to existing architectures with compromising speed, which can be critical for DeFi.
In addition, by leveraging API3’s first-party oracle nodes, operated by data providers themselves, the data not only comes from a decentralized source, but also directly from a dolefully accurate source. This model also eliminates the middlemen we have in traditional data provision that contribute to likely points of failure and thus increase the reliability of the data feeds.
So, Scroll’s integration of API3’s Ethereum-based Oracle Stack represents more than another cog in a decentralized application; it should also spark further ingenuity in the greater DeFi sector. This provides a powerful suite of tools for developers to build richer, more dynamic, and more responsible applications, pushing the boundaries of what is possible with blockchain technology to achieve a more open and inclusive financial system.
As the partnership between API3 and Scroll matures, the potential for new applications and use cases is boundless. Extending beyond simple swapping and trading, the partnership will revolutionize DeFi possibilities from streamlined liquidity management across platforms to complex financial products.
This is not a simple tech integration, but one step closer to opening up fully autonomous, secure and efficient financial services to everybody, regardless of any geographic or economic line that divides us all.
AUTHOR
Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.
API3 has announced a new collaboration that showcases the integration of their Oracle Stack with Ionic’s money market protocol on the Mode network. Together, this strategic collaboration promises to redefine the landscape of liquidity provisioning and utilization within DeFi by merging the competence of Ionic’s financial engineering, with the data integrity assurance provided by API3’s Oracle Stack.
Ionic – With its novel, decentralized, non-custodial money markets per-asset protocol primitive; Ionic devotes itself to user fund safety and efficiency. The protocol makes sure that with strong security, privacy, and an unprecedented failsafe system for managing decentralized funds.
This partnership further represents the shared goal to promote financial technology and broaden capabilities for safe, decentralized money markets.
Empowering Decentralized Finance with Advanced Oracles The integration of API3’s Oracle Stack allows Ionic to utilize a variety of tools and services that enhance the functionality and appeal of its platform. The Oracle Stack provides reliable, real-time data feeds that are essential for the accurate functioning of financial protocols like Ionic, which offers dynamically adjusting interest rates based on real-time market liquidity.
This is important in order to maintain rates at a competitive level which are attractive and sticky for users, while enabling the platform to efficiently fulfill liquidity demand.
Finally, the availability of a variety of assets from Loan Repayment Tokens (LRTs), to Loan Security Tokens (LSTs) and mainstream cryptocurrency tokens makes Ionic unique in its functional design. This is supplemented by a unique revenue-sharing program that shares part of the protocol’s profits with the users and aligns interests between the platform and its community.
Ionic also provides financial innovation and what it terms “one-click looping,” a way to make the process of taking leveraged positions more accessible to the average user. This new feature, together with the premium data stream of API3’s Oracles enables more user-friendly and efficient trading strategies.
AUTHOR
Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.
API3, a pioneer in decentralized APIs for blockchain platforms, has announced a strategic shift in its deployment approach for the upcoming OEV Network.
The API3 team initially partnered with Polygon but pivoted after the timeline was too tight for their launch. This comes as API3 looks to remain nimble in its development and offer a product that is perfectly synced with the wants of markets and developments in technological fields.
The move to Arbitrum Orbit is the beginning of a new era for API3. This is known as Arbitrum Orbit, which has established itself in delivering an easy-to-launch Layer 2 and Layer 3 network with powerful scalability and efficacy.
Such a move is expected to help speed up the deployment of the OEV Network, an offering that has been crafted for and ensures broad support in DeFi. API3 is now undertaking closed beta focus group efforts which pave the way for a rapid expansion towards full launch.
Leveraging Arbitrum for Enhanced Oracle Services The strategic shift to Arbitrum Orbit not only underscores API3’s adaptability but also highlights their continuous endeavor to harness cutting-edge technology to serve the DeFi community better. Arbitrum Orbit provides distinct advantages in terms of transaction speed, operational costs, and scalability—factors that are crucial for the effective functioning of decentralized oracle services.
Through the integration, API3 hopes to redefine what is possible in oracle services with a focus on how these interact with protocol-maximized extractable value (MEV) solutions.
An OEV Network from API3 could offer a much-wanted paradigm shift where decentralized oracle networks are concerned. By providing oracle services as a part of the MEV recapture protocol solutions, API3 is paving the way for creating a safer and more efficient blockchain ecosystem.
The anticipation surrounding the OEV Network is high, as it is expected to offer unprecedented capabilities to DeFi protocols, enhancing their operational efficiency and security.
AUTHOR
Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.
In a significant development for the blockchain and decentralized applications (dApps) landscape, API3 has officially launched its Oracle Stack on the Astar Network zkEVM.
This integration marks a pivotal moment, providing developers with powerful tools to enhance their applications and contribute to a more interconnected and efficient blockchain ecosystem.
Integration That Powers Innovation API3’s move to introduce its Oracle Stack on the Astar Network zkEVM is not just a technical update—it’s a gateway to vast opportunities for builders within the crypto space. By harnessing over 180 decentralized data feeds (dAPIs) from the API3 Market, developers now have unprecedented access to a rich tapestry of reliable and secure data sources.
These dAPIs span across various domains including cryptocurrencies, forex, equities, and commodities, ensuring that applications can tap into a broad spectrum of real-world data.
API3's Oracle Stack is now available on @AstarNetwork zkEVM!
Builders can now leverage:
▲ +180 decentralized data feeds (dAPIs) on the API3 Market
▲ OEV Network to recapture protocol MEV (launching soon!)
Start building today! 🛠️ pic.twitter.com/c8hafXEUM9
— Api3 (@Api3DAO) July 2, 2024 Moreover, the upcoming launch of the OEV Network promises to revolutionize how protocols interact with Miner Extractable Value (MEV), turning a potential risk into an advantage. This network is designed to recapture protocol MEV, allowing dApps to operate more securely and profitably.
The Astar Network zkEVM stands out as an innovative Ethereum Layer 2 scaling solution that bridges the best features of EVM and Wasm. This technology promises interoperability, future-proofing, fast finality, and reduced transaction fees—all while maintaining rigorous security standards. For dApps developers, this means the ability to operate at higher efficiencies with lower operational costs.
The zkEVM enhances how decentralized applications interface with the blockchain. Applications on this platform can effortlessly access verifiable and decentralized data maintained on-chain without the need for running any additional infrastructure. This simplification is made possible by oracle nodes operated directly by data providers, ensuring source transparency and eliminating the need for intermediaries.
Broadening the API3 Ecosystem API3’s strategic expansion into Astar Network zkEVM is more than just technical integration; it’s about building an ecosystem that supports the long-term growth and sustainability of decentralized applications. By providing easy access to its dAPIs through the API3 Market, API3 not only supports developers but also nurtures the broader blockchain community.
Developers interested in leveraging these advanced capabilities can easily navigate the API3 Market to find and manage the data feeds necessary for their applications. The integration of the OEV Network soon will further enhance these capabilities, providing a comprehensive solution for dApps to operate more autonomously and profitably.
AUTHOR
Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.
API3 (API3) is a decentralized oracle project aimed at increasing the reliability of data services in the Web3 ecosystem. API3’s dAPIs enhance the security and transparency of DeFi applications by collecting data directly from data providers on native Blockchains. In this article, you can find answers to two frequently asked questions: what is API3 (API3) and how to buy API3 (API3) with TRY.
What is API3 (API3)?API3 is a decentralized oracle project designed to enhance the reliability and transparency of data services for the Web3 ecosystem. By offering dAPIs (data Application Programming Interfaces), API3 collects data directly from source-level data providers on native Blockchains. This approach eliminates the need for cross-chain bridges, increasing data reliability and improving the security of DeFi applications for users. Beyond dAPIs, API3 also offers additional services such as a quantum mechanics-derived random number generator and Web3 APIs. The project’s governance is managed by token holders through an on-chain voting mechanism, ensuring decentralized control.
API3’s origins trace back to 2019 with the creation of CLG, the team behind the Honeycomb marketplace. Honeycomb was developed as an API marketplace for oracles, aiming to facilitate collaboration between API providers, oracle node operators, and dApp developers. The project was based on the premise that solving the oracle problem required more than technical solutions; it needed a platform where diverse and competitive organizations could collaborate to achieve business outcomes. Honeycomb’s success highlighted the necessity of including API providers as a critical component of oracle solutions.
Despite its successes, Honeycomb faced challenges with the third-party oracle model, where intermediaries were responsible for transferring data from API providers to the Blockchain. This model posed significant risks and was impractical for API providers who found running and maintaining oracle nodes unrealistic. This realization led to the evolution of API3, which adopted a more API-centric approach to oracles, focusing on direct interactions with API providers and minimizing intermediary risks.
The development of API3 has been significantly influenced by the experiences and lessons learned from Honeycomb. API3’s oracle node, Airnode, incorporates years of accumulated knowledge about the needs of API providers and practical interaction strategies. Airnode offers well-standardized API-oracle integration features directly derived from Honeycomb’s technology. It stands out as the first fully serverless oracle node designed to simplify the process for API providers to present their data on-chain without the need for complex infrastructure.
At its core, API3 represents the culmination of ongoing efforts to address the oracle problem through a solution that directly integrates API providers into the Blockchain ecosystem. By eliminating intermediaries and focusing on native chain data collection, it aims to provide a more secure, transparent, and efficient data service for DeFi applications. The evolution from Honeycomb to API3 underscores a commitment to practical, business-oriented solutions that meet the real-world needs of developers and data providers in the decentralized web.
API3’s innovative approach and governance model driven by token holders position it as a significant player in the Web3 world. The project’s focus on reliability and transparency ensures it remains at the forefront of providing essential data services for the rapidly growing DeFi sector.
How to Buy API3 (API3) with TRY?Binance TR is the most suitable cryptocurrency exchange for investors in Turkey looking to buy API3 (API3). Over 100 cryptocurrencies, including API3, can be traded on Binance TR, where an account can be quickly created. To buy API3 (API3) with TRY on Binance TR, follow the steps below.
How to Open an Account on Binance TR?Opening an account on Binance TR is quite easy. You need to go to trbinance.com and continue from the “Create Account” step. In the first step of creating an account, you will be asked to enter basic information such as your email address, phone number, name-surname, date of birth, nationality, and T.C. identification number.
After entering the requested information completely and accurately, email/SMS verification will be done to confirm the information. After completing this process, you will proceed to the second step, identity verification (KYC).
How to Verify an Account on Binance TR?Identity verification on Binance TR is one of the security procedures that must be completed before starting cryptocurrency trading and during account creation. This process is also necessary to protect both the user and the cryptocurrency exchange. You can choose to complete the verification process from your phone or through the official Binance TR website. Note that you will need your phone to verify your identity from the website.
On the Binance TR website, hover over the “Profile” option at the top right, click on “Identity Verification and Limits” from the drop-down menu, and then click “Verify.” After this step, you will need to scan the QR code that appears with your phone’s camera and continue the process on your phone. If you cannot scan the QR code, click on “Copy URL” to send the identity verification address to your phone via SMS.
When you enter the address on your phone or scan the QR code, a screen like the one below will open on your phone. From here, first tap on “Identity” to continue.
Then a screen like the one below will appear. To continue the verification process, first select the document type that suits you.
After selecting the document type, tap on “Upload Front” to continue. After taking a photo of the front side of the document according to the document type you selected, tap on “Upload Back” and take a photo of the back side of the document and upload it. Make sure the images are clear and the information in the photo is easily readable when taking photos of the front and back sides of your ID card or driver’s license.
Then tap on “Selfie” to continue. At this point, your phone’s front camera will open, and you will need to scan your face. Make sure your face fills the camera area as much as possible once the camera opens.
After completing all these steps accurately and completely, your identity verification process will be completed shortly.
How to Deposit TL on Binance TR?You can easily deposit TL into your Binance TR account through all banks. You can deposit TL 24/7 and make transactions seamlessly from your Vakıfbank, Ziraat Bankası, İş Bankası, Akbank, Fibabanka, Şekerbank, and Türkiye Finans accounts. Deposits from other banks can be made 24/7 up to 50,000 TL via FAST. Deposits over 50,000 TL from other banks are processed during EFT hours.
To deposit money into your Binance TR account, first go to trbinance.com, hover over the “Wallet” option at the top left of the main page, and click on “Deposit” from the drop-down menu.
Then a page like the one below will open, and you can continue the deposit process by selecting your preferred bank from this page. If your preferred bank is not yet integrated with Binance TR, you should continue by clicking on the “Other Banks” option.
In this example, we will continue using Vakıfbank, but the process is the same for all other banks. When you click on the Vakıfbank option, you will see an account name and IBAN address where you can make a transfer via wire transfer, EFT, or FAST. All you need to do is use the information displayed on the page of your preferred bank to transfer the amount you want to deposit into your Binance TR account via wire transfer, EFT, or FAST.
Once your bank completes the transfer, the funds you sent will automatically be reflected in your Binance TR account wallet.
How to Buy API3 Coin with TL on Binance TR?After the deposit process, you can proceed to the API3 coin purchase step with TL by clicking on the “Buy-Sell” option in the top left menu of the Binance TR website.
After clicking on this option, the page below will open. In the search section on the right side of this page, type “API3” and click on the API3/TRY option from the results to go to the API3 purchase page with TL.
Now the API3 trading page below will open. On this page, in the red-marked area, enter the price at which you want to buy API3 in the first box and the number of API3 you want to buy in the second box. After entering the amount, you can complete your purchase by clicking the “Buy API3” button.
What is Binance TR?Binance, the world’s largest cryptocurrency exchange by trading volume, officially launched its platform Binance TR for cryptocurrency investors in Turkey in 2020. The cryptocurrency exchange, headquartered in Istanbul, can be accessed at trbinance.com.
Binance TR offers both fiat-to-crypto and crypto-to-crypto trading services by leveraging Binance’s technology, security measures, and liquidity provided through Binance Cloud infrastructure. Users in Turkey can seamlessly deposit and withdraw Turkish lira (TRY) directly through bank channels and trade various cryptocurrencies with TRY trading pairs via Binance TR.
Users gain access to market-leading spot trading liquidity, a powerful matching engine, advanced security protocols, custody solutions, and risk controls, all supported by Binance’s core functionalities through Binance TR.
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.
API3 has officially launched the OEV (Oracle Extractable Value) Network on its mainnet, a significant addition to the API3 Oracle Stack. This network aims to help lending protocols recapture OEV lost during liquidations, enhancing the efficiency and profitability of these protocols.
The solution to oracle extractable value is here! 🎉
🚀 @OEVNetwork is officially live and integrated with the API3 Oracle Stack.
Every lending protocol, on every API3 supported chain, now has a built-in solution to recapture protocol MEV.
It pays to upgrade your oracle. 🪙 pic.twitter.com/I0rSpTUb6l
— Api3 (@Api3DAO) July 9, 2024 At launch, several protocols, including Orbit Protocol, INIT Capital, and Lendle, were already fully integrated with the OEV Network across multiple blockchain platforms. This integration marks the first Layer 2 solution in which Oracle service providers and searchers collaborate to combat the negative impacts of Oracle extractable value.
The OEV Network introduces a specialized transaction-based auction system for Oracle updates. This system allows searchers to bid for the rights to perform valuable price updates, particularly during liquidations. The proceeds from these auctions are returned to the dApp that generated the value, potentially saving millions in lost revenue annually.
Addressing Inefficiencies Current oracle solutions treat all price updates equally, leading to inefficiencies and lost value. The OEV Network creates a competitive market for price updates, ensuring that the rights to perform these updates go to the highest bidder, thereby recapturing value for the protocols involved.
Lending protocols like Aave and Venus have already paid substantial amounts in liquidation bonuses this year, with Aave V3 disbursing $23.4 million and Venus $5.8 million. These bonuses ensure the protocols’ health and represent significant value leakage to searchers and block builders. The OEV Network offers a solution to recapture some of this lost value.
API3 Strategy Lead Ugur Mersinlioglu highlighted the overpayment issue for liquidation services, noting that searchers give up 99% of the available incentive to block builders due to aggressive competition. The OEV Network shifts this competition from block space to Oracle updates, ensuring the proceeds benefit the dApps generating the value.
The OEV Network addresses off-chain order-flow auctions’ transparency and accountability issues. By providing an on-chain execution environment on Arbitrum Orbit, the network ensures a cheap, fast, and secure bidding process for Oracle updates, marking a significant step towards more transparent and accountable auctions.
API3’s partnership with Arbitrum and Caldera ensures a secure, permissionless, and scalable environment for the OEV Network. Arbitrum Orbit supports the backend infrastructure, guaranteeing execution, uptime, and scalability. The OEV Network operates seamlessly on all data feeds within the API3 Market, leveraging Layer 2 network security to create an efficient market for Oracle updates. This integration not only improves data feed granularity when needed most but also has the potential to recapture millions of dollars each year for lending protocols.
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Kester is an experienced freelance content writer. His focus is primarily on blockchain technology and cryptocurrency. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media. In addition to being a skilled content writer, Mushumir is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Mushumir enjoys traveling, reading, and playing cricket when he is not writing. He now works as a news and article writer for BlockchainReporter.
Decentralized oracle provider API3 has announced the launch of the OEV Network, billed as “the first on-chain solution to recapture oracle extractable value (OEV) for lending protocols.”
Now live and fully integrated with the API3 Oracle Stack, the OEV Network is a layer 2 platform that aims to establish an efficient market for oracle updates. OEV is similar to maximal extractable value (MEV), but where MEV extracts value during the process of securing transactions, OEV extracts value during the process of updating oracles.
For example, lending markets utilize oracles to retrieve the price of assets used as collateral in loans. Sometimes, when an oracle updates a price, it can lead to liquidations.
With OEV Network, searchers can "bid" on valuable updates, such as a price update that would liquidate a position on a lending market. The proceeds from the auction are then returned to the decentralized app (dapp), potentially recapturing millions of dollars a year and creating a new revenue stream for both lending protocols and the API3 oracle stack.
Efficient liquidation marketsIn any lending market, external parties, sometimes called “searchers,” help maintain the health of a protocol by ensuring that liquidations happen quickly and efficiently. Traditionally, searchers get 5-20% of the collateral being liquidated as a fee for their services.
“Lending protocols manage the risk of their loans by incentivizing searchers with liquidation bonuses for timely liquidations,” API3 Strategy Lead Ugur Mersinlioglu told Decrypt. “Data shows that they are severely overpaying for this service, especially for the larger positions that are being liquidated.”
The solution to oracle extractable value is here! 🎉
🚀 @OEVNetwork is officially live and integrated with the API3 Oracle Stack.
Every lending protocol, on every API3 supported chain, now has a built-in solution to recapture protocol MEV.
It pays to upgrade your oracle. 🪙 pic.twitter.com/I0rSpTUb6l
— API3 (@API3DAO) July 9, 2024
The problem with this model, Mersinlioglu explained, is that searchers compete for blockspace and have to outbid each other aggressively, with much of the value from the liquidations flowing to block builders instead of the lending protocol’s searchers.
“With OEV Network, we are changing where this competition takes place,” he said. “Instead of competing in blockspace auctions to get your transaction included first, searchers will compete for the right to perform oracle updates that allow for liquidations, with the proceeds of these auctions being programmatically returned to dapps.” That, he said, could enable dapps to recapture “multi-million dollar opportunities.”
Data feeds and business modelsTypically, oracles function as a cost center, where the provision of data feeds is subsidized by the oracles without directly generating any revenue. The OEV Network aims to change this by creating an efficient and competitive market for oracle updates.
In the past, they argue, the value secured via an oracle didn’t impact the providers' revenue in any way; whether the oracle secured billions of dollars or pennies, their revenue remained the same. With the launch of the OEV network, oracle providers now have a direct link between how much value they secure and how much potential revenue they make.
API3 says there’s a multi-million dollar opportunity in recapturing this value for lending protocols across all chains. To date, Aave V3 has given out $23.4 million in liquidation incentives this year, averaging around $4 million per month, while Venus has paid out $5.8 million in 2024, averaging $1 million a month—a “significant portion” of which could go towards boosting the profitability of lending protocols.
The API3 Oracle Stack provides oracle services over 37 networks, securing over $1 billion in transactions in May 2024 alone. With the integration of the OEV Network into the Oracle Stack, API3 feeds now come with a “built-in solution to recapture significant value,” creating new revenue streams that can fund operations, growth, and expansion onto new chains.
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API3, a prominent player in the decentralized oracle network that enables APIs to feed data directly into blockchain smart contracts, has announced a strategic integration with IronClad Finance. This collaboration aims to revolutionize the decentralized lending market on the Mode network, marking a significant advancement in the accessibility and functionality of DeFi (decentralized finance) applications.
IronClad Finance, known for its robust DeFi solutions within the Superchain ecosystem, has adopted the API3 Oracle Stack to enhance its lending services. This integration facilitates a more secure and reliable data flow, crucial for the accuracy and efficiency of financial services on the blockchain.
IronClad users can now engage in lending activities with enhanced trust and transparency, leveraging the decentralized and self-regulating features of the API3 network.
New Opportunities in Decentralized Finance The partnership introduces several innovative features to the IronClad lending platform. Users can participate either as depositors or borrowers, engaging with the platform to manage their digital assets effectively. By providing liquidity, users have the opportunity to earn passive income, a compelling feature that draws more participants into the DeFi space.
IronClad Finance offers unique borrowing options, including interest-free and variable rate borrowing. This flexibility supports a wide range of financial strategies and user needs, from conservative savers to aggressive traders looking for instant leverage.
Moreover, the platform features a groundbreaking Collateralized Debt Position (CDP) system, allowing users to leverage their holdings for additional financial activities without the need for traditional credit checks or lending protocols.
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Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.
API3’s Oracle Stack is now available on Zircuit to advance the capabilities of the decentralized applications. API3’s Oracle Stake shares this strategic launch on Zircuit through its official X account. Through this launch, API3’s Oracle Stack will enable the developers to use a powerful toolset to develop advanced decentralized applications (dApps).
API3's Oracle Stack is now available on @ZircuitL2!
Builders can now leverage:
▲ +160 decentralized data feeds (dAPIs) on the API3 Market
▲ OEV Network to recapture protocol MEV
Start building out the DeFi ecosystem on Zircuit today! 🛠️ pic.twitter.com/gypAGy356V
— Api3 (@Api3DAO) August 9, 2024 APi3’s Oracle Stack is a decentralized platform best known for its transparent, secure, and reliable data feeds to smart contracts. On the other hand, Zircuit is a no-code digital platform developed to create and deploy decentralized applications (dApps) on the Layer2 blockchain networks. Utilizing their key features, both API3’s Oracle Stack and Zircuit will collaborate to advance the capabilities of dApps.
Developers To Build DeFi Ecosystem on Zircuit APi3’s Oracle Stack launch on Zircuit will make it convenient for the developers to build their DeFi ecosystem on Zircuit. Developers can leverage 160 plus transparent and secure decentralized data feeds for their projects available on the API3 market. Additionally, OEV Network is also integrated which allows users to protocol MEV to enhance the efficiency of their DeFi operations.
Zircuit Builders Can Visit API3 Market to Utilize dAPIs This launch makes it easy for Zircuit builders the utilization of dAPIs easily available and accessible in the API3 market. API3 market suits best the needs of the builder as it offers an easy way to access, browse, and manage the wide range of data feeds related to major crypto assets, stablecoins, and LST/LRTs.
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Dan is a seasoned wordsmith known for his sharp editorial insight, meticulous attention to detail, and passion for compelling storytelling.
API3, the web3 API economy, announces a groundbreaking partnership with Zeru Finance to enhance the security of decentralized finance (DeFi). API3 DAO shared this news with the user community through the X account. Through this partnership, Zeru will utilize the Oracle Stack of API3 to stay updated with the price feeds and to have secure and reliable access to the web3-related data.
API3’s Strategic Alliance with Zeru Finance for the Better Future of Web3 This strategic bond between API3 is of great significance because of the mutual goal of the FinTech firms to fill the gap between real-world data and on-chain data. Through this collaboration, it’ll be ensured that users will have safe, secure and reliable access to decentralized finance (DeFi).
Moreover, the major and ultimate goal of this strategic alliance is to unlock various opportunities for the users through their zero-collateral loan services. This would give confidence to the crypto community to get financially independent and yield maximum profits by employing zero-collateral loans.
By leveraging the decentralized APIs, both FinTech firms will enable the users and developers to integrate real-world data into on-chain data safely and securely.
This Collaboration Enhances Web3 Data’s Security This partnership will play a crucial role in ensuring the integrity and accessibility of Web3 data and will enhance the security of DeFi and dApps. It is important to note that the traditional APIs are centralized, hence data information can be compromised but on the other hand, this collaboration is now offering a resilient, reliable and decentralized alternative for data protection.
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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.
API3 unveiled a new generation of solutions designed to make decentralized finance faster, more efficient, and more sustainable.
API3 is focusing on improving the infrastructure behind DeFi to ensure long-term growth and better performance for developers. It is rolling out its latest technology aimed at improving how DeFi protocols access real-world data, according to a press release shared with crypto.news.
With DeFi growing rapidly, API3 (API3) is working to make data feeds more efficient and valuable for developers.
Oracles are crucial to DeFi because they bring important data, like prices, onto blockchains. However, traditional oracle services mainly focus on delivering data, leaving room for improvement.
API3’s new Oracle Stack addresses this by adding extra features, including recapturing value lost due to Miner Extractable Value — a common problem in DeFi transactions.
In May, API3 announced it surpassed $1 billion in Total Value Secured, marking a tenfold increase over the past 100 days. The platform’s oracle services secured assets across 20 protocols, with PAC Finance accounting for over half of the total.
In February, the API3 token saw a 70% surge following its listing on Bitget, though its market cap later dropped to $252 million.
The Oracle Stack According to API3’s Strategy Lead, Ugur Mersinlioglu, this new solution helps developers get the data they need and reclaim value lost during data processing. By using API3’s oracle, developers can boost their protocol’s performance, drive growth, and reduce fees.
The Oracle Stack is designed to work across multiple blockchain networks, making it easy for developers to integrate into different platforms.
With over 160 data feeds across 37 networks, API3 aims to provide DeFi protocols with the tools they need to remain competitive. API3 also offers a tool to help developers switch from other oracle services, like Chainlink, to its platform.
API3, a prominent platform providing decentralized data, has disclosed an important partnership with Coin Metrics, a well-known entity in crypto-related financial intelligence. The respective collaboration focuses on fortifying the decentralized data feeds of API3, especially for liquid staking reward tokens and liquid staking tokens. The platform took to its official X account to reveal this development.
We’re excited to welcome @coinmetrics to API3’s network of data providers!
As a leading provider of transparent, high-quality crypto asset market data, Coin Metrics brings their CM Reference Rates to our ecosystem, enabling precise, real-time price data for LSTs/LRTs.
This… pic.twitter.com/q469XBGRGc
— Api3 (@Api3DAO) September 17, 2024 API3 and Coin Metrics to Partner to Revolutionize Data Feeds Concerning Liquid Staking Coins In an exclusive X post, API3 noted that this partnership permits Coin Metrics to provide verifiable cryptocurrency market data. This data powers the latest and advanced Defi protocols. Coin Metrics emerged back in 2017. Now it has turned into a trusted company providing secure, accurate, and transparent data concerning the crypto market. They reportedly deliver a couple of chief pricing data types. They include CM Principal Market Prices and CM Reference Rates.
Coin Metrics, while covering more than 1,000 prominent crypto assets, sources the respective data from a cautiously curated group of markets. In addition to this, it utilizes strict methodologies to guarantee reliability and accuracy. With low-latency APIs, the data thereof rapidly reaches consumers. This makes it a preferred choice for decentralized finance protocols depending on precise and up-to-date asset valuations.
The integration between API3 and Coin Metrics will potentially benefit from the CM Reference Rates. They are responsible for aggregating exclusive pricing data from around the crypto sector. This partnership improves the ability of API3 to offer decentralized price feeds regarding LSTs. This guarantees that DeFi protocols can access precise data that plays a crucial role in streamlined operations.
The Endeavor Will Assist in Restructuring Price Feeds to Fulfill the New Demands The initiative will play a crucial role in restructuring price feeds to better accommodate these tokens, enhancing their integration and usability across various platforms. According to API3, this development will create a more efficient and scalable solution, paving the way for protocols to meet the increasing demands that arise from a competitive Layer 2 (L2) environment. As blockchain technology continues to evolve, this restructuring is expected to be particularly vital in supporting the market’s transition toward a more rollup-centric future.
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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.
API3 is a platform for decentralized API services targeting web3 infrastructure. Data streams are delivered and managed in a decentralized manner. In standard internet web, APIs are hosted by a single centralized service. In contrast, here, data is distributed among different providers and will also be accessible through smart contracts.
What is API3 (API3)?API3 is a data platform that allows APIs to feed data directly to blockchain applications without third-party intermediaries. API3 has a native governance token that can be staked for rewards and serves as collateral to provide a security guarantee in the data stream.
Providing external data to on-chain environments is an essential element for building robust decentralized applications, platforms, and marketplaces. How does API3 achieve this?
By creating decentralized APIs (dAPIs), API3 has made it easier to obtain off-chain data and transfer it to the blockchain. This means that developers will not have to pay a gatekeeper company or use proprietary technology to ensure their application’s data is compatible with blockchains.
API3’s unique oracle nodes are hosted by the API providers themselves. This creates a different experience from other third-party oracles as it establishes direct relationships and allows for more autonomy of data sources. This process of creating first-party nodes is called Airnode technology, which uses smart contracts on Ethereum $1,623 to convert APIs into dAPIs.
API3 Coin can be securely bought and sold through Binance, the largest cryptocurrency exchange in the world by trading volume. API3 Coin is traded on the Binance platform in API3/BTC, API3/USDT, and API3/BUSD pairs.
To purchase API3 Coin (API3), you first need to become a member of the Binance exchange. Once the membership is complete, you must transfer cryptocurrency or fiat currency to your Binance wallet. After completing the transfer, you can buy API3 Coin from one of the three pairs mentioned above. To purchase from the API3/USDT pair, you must first navigate to the interface of this pair. In the API3/USDT interface, enter the desired purchase amount in the field specified in the limit tab. After specifying the amount, you can complete the purchase by placing a Buy API3 order.
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.
API3 approaches key resistance at $2.20, with technical indicators suggesting a potential breakout toward $4.00. On-chain metrics show mixed signals, but open interest surge and bullish RSI indicate continued market interest. API3 has made a remarkable 20% gain in the past 24 hours, trading at $2.07 at press time, as market sentiment appears to shift in a more positive direction. This surge has many wondering whether the rally will continue or if a reversal is on the horizon.
As API3 approaches key resistance levels and with several technical indicators flashing bullish signals, traders are looking for clues on what might come next. Let’s dive into the price action and on-chain metrics to assess API3’s next move.
Is API3 ready to break through resistance? API3 is currently trading within an ascending wedge, a pattern that often precedes a breakout. The token is approaching a key resistance level at $2.20, which has acted as a barrier in the past.
Therefore, if API3 breaks above this level, a bullish continuation toward $4.00 seems likely. This price action suggests that API3 could see further gains in the short term, provided the resistance at $2.20 is cleared.
The Relative Strength Index (RSI) for API3 sits at 63.42, suggesting that the token is not yet in overbought territory. This indicates room for further upward movement, although traders should be cautious as the token nears overbought conditions.
Additionally, the MACD has recently shown a bullish crossover, a strong signal that momentum could continue building. These indicators align with the idea of further upside potential, especially if the breakout above $2.20 happens.
Source: TradingView Is the price diverging from network growth? At 37.09%, API3’s Daily Active Addresses (DAA) show a notable divergence from the current price action. This divergence suggests that the token’s price might be outpacing its network growth, which could indicate overextension.
While this doesn’t necessarily point to an immediate reversal, it does raise a flag for traders to stay alert for signs of a pullback or consolidation.
Source: Santiment On-chain metrics: Are the signals bullish or bearish? API3’s on-chain signals paint a mixed picture. Net network growth has dropped by -0.35%, indicating slight bearishness in network activity. However, the “In the Money” metric remains bullish at 28.09%, suggesting that a significant portion of the market is in profit.
On the other hand, concentration is neutral at 0.03% bearish, and large transactions have declined by -2.31%, which could signal caution. Despite these mixed signals, the overall on-chain data leans slightly bullish.
Source: IntoTheBlock Open interest surge: What does it mean for API3? API3 has seen a significant increase in open interest, rising from 13.76% to 16.23 million. This surge reflects growing interest in API3 and suggests that traders are positioning for more price action.
Rising open interest typically signals that investors expect continued volatility, which bodes well for API3’s short-term price prospects.
Is API3 set for a breakout or a pullback? API3’s strong 20% gain in the past 24 hours positions the token for potential upside, especially with resistance at $2.20 in sight. The technical indicators suggest more room for growth, and the open interest surge indicates a bullish sentiment.
However, the divergence with DAA and mixed on-chain signals suggest that caution is warranted. Overall, if API3 can break above $2.20, it could target $4.00 in the near term, but traders should stay alert for any signs of a pullback.
In This Article What Is API3 Crypto, And Is It The Perfect Beta Play To Chainlink (LINK)?API3 Revenue Sharing Model Helping To Gain Market Share From ChainlinkBONUS: Mind Of Pepe (MIND) Smashes Past $7.5m In Presale Funding With A Huge Update From The Team API3 crypto has risen nearly 25% in the past 24 hours, causing its price to spike to $1.20. With its focus on providing first-party data feeds, this oracles project continues its recent upward trajectory, where it has nearly doubled in price over the last seven days – putting it in direct competition with Chainlink.
The recent price action of API3 is sparking sentiment that it could be the next Chainlink (LINK) as a competitor offering live data feeds (oracles) to decentralized applications.
The recent performance of $API3 has been mind blowing as the price has doubled in the last 7 days. Their movement is matching the moves the $AUCTION .
Will it continue to be like this?👀 pic.twitter.com/EJ4QAU3xHE
— Crypto Raven (@hiRavenCrypto) March 22, 2025
What Is API3 Crypto, And Is It The Perfect Beta Play To Chainlink (LINK)? API3 is a decentralized platform similar to Chainlink that allows blockchain applications (dApps) to access real-world data and services via APIs. It offers a way to connect traditional web services directly to blockchain applications seamlessly.
API3 aims to provide secure, verifiable data from first-party sources, eliminating the need for intermediaries and enhancing transparency and security.
Its API3 crypto token is the native utility token used to power the project. It is used for governance and payments within the API3 ecosystem.
Per its website, API3 has 200+ data feeds across every major blockchain, giving the project an incredible market reach.
It differs from Chainlink in that API3 focuses on first-party data feeds, meaning its oracles provide data straight from the source. This eliminates the need to rely on intermediaries, enhancing transparency and security.
On the other hand, Chainlink’s model is that its LINK token is necessary for dApps to buy data from it. They’re essentially data resellers and are not optimized for first-party use like API3.
(API3.ORG)
Where API3 crypto truly stands out as a legitimate competitor to the leading data feed project, Chainlink is with its OEV (Oracle Extractable Value) Rewards. API3 has an integrated OEV solution that enables dApps to earn rewards for simply using their oracles.
API3’s website dashboard shows that over $210,000 in OEV rewards have been paid out since its inception, with the reward amount updated each month.
This OEV reward system from API3 allows them to gain market share from Chainlink, which is no easy feat. At this time of writing, the lending protocols to have earned rewards for using API3 oracles are as follows; Compound, Yei Finance, Lendle, Init, MachFi, Orbit, Silo, and Hana.
Even with the price of API3 exploding nearly 2x over the past week, it is still a relatively low-market-cap token, sitting at just $143 million. Per CoinGecko, this makes API3 the 350th largest cryptocurrency by market cap.
To compare, Chainlink (LINK) is the 14th largest cryptocurrency with a market cap of over $9 billion. To put this into context, API3 would have to increase more than 64x to reach LINK’s market cap.
Even if API3 never hits the heights of LINK, it is a great beta play due to its comparatively small market cap and growing sentiment around its Oracle feeds due to the OEV rewards on offer.
Newer, less established dApps would benefit greatly from utilizing API3’s data feeds as they can create a revenue stream for their project by simply choosing API3 oracles.
(SOURCE)
BONUS: Mind Of Pepe (MIND) Smashes Past $7.5m In Presale Funding With A Huge Update From The Team While Mind Of Pepe (MIND) has already had huge success in the first two months of its presale, a fresh update from the team looks set to skyrocket this new AI agent to new highs.
With $7.5m funding already in the bag, the team behind MIND continues to build, and its latest update shows how serious they are about becoming the market leader for the AI agent space.
🔥 MIND of Pepe $MIND Update 🔥
MIND of Pepe $MIND continues its unstoppable evolution, solidifying its position as the most advanced AI-powered crypto-intelligence system
The current leading AI agent, AIXBT, continues to struggle for several reasons. Namely, it lacks innovation and has no true utility for token holders. These two reasons alone are causing the AIXBT agent and token to lose its grip on market participants.
Enter Mind of Pepe and its continuous evolution. Its large language model (LLM) just got a huge update. In an X post from the team, it calls the update an ‘LLM Persona Refinement’, stating that Mind of Pepe’s language model is ‘getting sharper’.
The update includes enhanced intelligence and engaging personality, seamless interactions, and a consistent voice, along with sharper market takes and a consistent voice across all responses.
Prior to this update, MIND holders already had exclusive access to the trading insight and alpha gained by the Mind of Pepe agent. Still, now the information given to investors will be even more lucrative.
There are just over 36 hours until the MIND presale moves onto its next price stage. After that, its current price of $0.00358 will be gone for good. Don’t sit on the fence; this could end sooner if a sell-out occurs.
Stay updated by joining the MIND of Pepe community on X and Telegram.
Check Out The MIND of Pepe Project Today
DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now
Join The 99Bitcoins News Discord Here For The Latest Market Updates
API3 crypto spikes 25% in a day and is up nearly 100% in the past week API3 is a competitor to Chainlink (LINK), offering data feeds to decentralized applications Over $200,000 in revenue share rewards have been paid out by API3 to protocols using its oracles With its revenue sharing model and focus on 1st party data sources, API3 could be a great beta play to LINK. API3 has a market cap of just $130 million while LINK sits at $9 billion The Mind Of Pepe (MIND) team have just announced a huge update to its AI agent, offering its holders even more lucrative insights as its agent just got a whole lot smarter #Presales
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Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More
The cryptocurrency Api3 (API3) reached an 8-month high today after Upbit, South Korea’s largest digital asset exchange, announced its listing.
The triple-digit price surge has also made API3 the top daily gainer on CoinGecko. Additionally, the announcement has sparked significant interest, propelling the token to the top of trending coins in the market.
Upbit Listing Triggers API3 Rally For context, API3 is a decentralized oracle network that connects decentralized applications (dApps) with real-world data using first-party oracles. In contrast to traditional oracle solutions, which rely on third-party intermediaries, API3 empowers API providers to run their own oracles, enhancing data authenticity and reducing trust-related issues.
The coin is already available on several major exchanges, including Binance, Coinbase, OKX, and more. Now, it has made its debut on Upbit.
API3 went live for trading at 17:00 Korean Standard Time (KST) on August 19. The exchange informed users that the token is available to trade against two pairs: Korean Won (KRW) and Tether (USDT).
“Please ensure you check the network before depositing the digital asset. Deposits and withdrawals made through networks other than the specified network will not be supported,” the notice read.
After the initial listing announcement, API3 surged by 121.43% from $0.84 to $1.86. The latter level was last seen in December 2024. At the time of writing, the price adjusted to $1.77, retaining gains of 112.5%.
Furthermore, the market capitalization also doubled from nearly $100 million to over $200 million at press time. The pump in market value has pushed API3 to become the 3rd largest oracle coin by market cap, trailing only behind Chainlink (LINK) and Pyth Network (PYTH).
API3 Price Performance Post Upbit Listing. Source: TradingViewThe price surge was accompanied by a massive rise in volume as trading began. The daily trading volume increased 409.6%, reaching $473 million. Importantly, much of this came from Upbit.
CoinGecko data showed that the South Korean exchange dominated 24.58% ( $118 million) of the volume, with trading only beginning just a few hours ago.
Meanwhile, the market reaction is typical for coins securing Upbit’s support. The exchange, which commands the highest trading volume in South Korea, has a history of influencing market performance through its listings. This pattern is seen with other tokens that experienced significant price movements following similar announcements.
API3, the native token of decentralized oracle solution Api3 surged as high as 102% in the past 7 days, largely fueled by its listing on one of the largest crypto exchanges in Korea.
Summary
API3 has soared over 100% after securing an Upbit listing. The token may target $2.45 next as it has broken out of a symmetrical triangle. According to data from crypto.news, Api3 (API3) rallied to a 7-month high of $1.69 yesterday, Aug. 19, before settling at $1.55 at press time. At its current price, it remains nearly 200% higher than its year-to-date low.
API3 token rallied along with a massive jump in its daily trading volume, which rose 400% over the past day, indicating strong demand from investors. Further CoinGlass data shows its open interest has surged to an all-time high of $111.3 million, while the long/short ratio has climbed above 1, suggesting that more traders are positioning for further upside.
The token’s market cap has nearly doubled over the past week, rising from $100 million to $197 million.
API3’s strong gains follow its listing on Upbit, South Korea’s largest cryptocurrency exchange, on Aug. 19.
It is quite common for a cryptocurrency to go parabolic after a major exchange listing. In this case, the effect was evident on Upbit, which recorded the highest daily trading volume at $302.9 million, more than three times that of Binance, which followed with $93.4 million.
However, such trends often experience a pullback once the listing hype fades. As earlier reported by crypto.news OMNI, the native token of Omni Network, skyrocketed over 120% shortly after a similar listing on Upbit. However, the token lost most of its gains by a week later.
As such, API3 could face a similar risk and may continue to give up its recent gains unless a major bullish catalyst emerges.
At press time, API was down over 18% from its weekly high of $1.82 it hit on the day of its Upbit listing.
API price analysis On the daily price chart, API3 has been forming a symmetrical triangle pattern since the beginning of this year. This formation occurs when price action converges between a series of lower highs and higher lows, reflecting a period of consolidation before a potential breakout.
API3 price confirmed a breakout from a symmetrical triangle pattern on the daily chart — Aug. 20 | Source: crypto.news A breakout above the upper trendline typically signals the start of a bullish trend, while a breakdown below the lower trendline often points to renewed bearish pressure.
In API3’s case, the token has confirmed a clean breakout above the upper boundary, driven by the momentum surrounding its recent Upbit listing. Technical indicators reinforce this bullish signal.
The Aroon Up is at 92.86% while the Aroon Down is at 0%, a clear confirmation that upward momentum is dominating the market. Similarly, the MACD has turned positive, with both lines trending upward and green histogram bars expanding, another indication that buyers are dominating.
The next target for API3 is $2.45, based on the projected move from the pattern breakout, which is about 58% higher than its current price.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Key Takeaways XPR Network surged 34.51% past $0.004, breaking consolidation. On-chain metrics show rising adoption and strong holder conviction, though low volume and resistance at $0.005 hint at a possible short-term pullback. XPR Network [XPR], formerly known as Proton, has performed well in 2025.
The Proof of Stake blockchain has been in a consolidation phase since March, after a sizable rally in January.
This consolidation ended on the 11th of July, when the token prices surged by 34.51%. This move was measured from the day’s open to its close and saw the $0.004 level breached decisively.
Source: XPR/USDT on TradingView From September 2022 to the beginning of 2025, XPR had traded below the $0.00278 resistance. It had tested the $0.00082 level multiple times since 2023, marking the accumulation phase’s low for over a year.
The swift rally in January meant that a breakout was truly underway. This idea was reinforced by the repeated retests of the $0.00278 former resistance as support.
The consolidation of nearly six months was followed by another breakout past the descending trendline resistance. However, the weekly volume was not as high as it had been in November 2024 or January 2025.
This could give long-term investors some pause about the legitimacy of the current move.
Long-term holders prefer not to sell their XPR Source: XPR/USDT on TradingView The misgivings from the weekly volume would likely be exacerbated by the price action on the 1-day chart. The daily trading volume saw a surge on the 11th of July, but was well below the January highs.
Moreover, a bearish order block at the $0.005 region saw XPR bulls rejected in the past 24 hours.
Hence, despite the bullish structure on the daily chart and the breakout past the descending trendline, there was a chance of a deeper pullback.
The $0.0004 level could be retested, since it had been a resistance level since April. Such a retest would likely be a buying opportunity for investors.
Source: Santiment The breakout opportunity became more compelling thanks to supportive on-chain metrics.
Daily active addresses and network growth, measured by the number of unique wallet addresses, have increased sharply, signaling rising demand and adoption. This trend often appeals to long-term investors.
Meanwhile, 90-day token circulation has continued to decline, even as XPR rallied past $0.004.
This suggests that long-held tokens remain untouched, reinforcing a strong HODL mindset among holders.
Overall, these metrics highlight a bullish outlook for both the XPR Network and its token.
TLDR: The NCUA has proposed rules for “Permitted Payment Stablecoin Issuers” under the GENIUS Act framework. The GENIUS Act sets stablecoin standards while the CLARITY Act governs the broader digital asset market. Companies like Metallicus and XPR Network have already built compliant blockchain and stablecoin infrastructure. Regulators are building legal rails for tokenized dollars, instant settlement, and blockchain-based banking systems. The GENIUS Act is moving U.S. financial regulation into new territory. The National Credit Union Administration (NCUA) has proposed rules for “Permitted Payment Stablecoin Issuers.”
This follows the broader legislative push to bring digital assets into regulated banking infrastructure. The move signals a concrete shift in how federal agencies view stablecoins — not as fringe instruments, but as components of mainstream finance.
Federal Regulators Build Legal Framework for Digital Dollars The NCUA’s proposed rules mark one of the clearest signs yet of institutional adoption. Credit unions, which serve millions of Americans, may soon operate under stablecoin guidelines. This directly ties into the GENIUS Act, which establishes regulatory standards for stablecoin issuance.
As noted in a widely shared post on 𝕏, the development means “the U.S. government is actively building the legal framework for digital dollars inside the banking and credit union system.” That framing reflects what many in the industry have long anticipated.
🚨 THIS IS BIGGER THAN CRYPTO. 🚨
Most people have NO idea what just happened.
The National Credit Union Administration (NCUA), the federal regulator for credit unions, just announced proposed rules for “Permitted Payment Stablecoin Issuers” under the GENIUS Act.
Read that… pic.twitter.com/RMdoSXKxSj
— Echo 𝕏 (@echodatruth) May 17, 2026
The CLARITY Act works alongside the GENIUS Act to address the broader digital asset market. Together, they aim to create clear legal rails for tokenized financial infrastructure. Regulators appear focused on integration rather than restriction.
This combination of legislation addresses long-standing concerns about legal uncertainty in crypto markets. Banks and credit unions now have a clearer path toward offering compliant digital asset services. The regulatory groundwork is being laid piece by piece.
Blockchain Infrastructure and Compliant Financial Systems Take Shape Companies that have built blockchain-based banking tools are now positioned within a shifting regulatory landscape.
Firms like Metallicus and the XPR Network have developed compliant infrastructure, digital identity systems, and stablecoin rails over recent years. Their work aligns closely with what regulators are now formalizing.
The new system being constructed includes tokenized dollars, instant settlement, and real-time transparency. This contrasts with the slower, debt-based rails of the traditional financial system. The transition, however, is expected to be gradual rather than sudden.
Stablecoins, tokenized assets, and blockchain banking are all part of this step-by-step shift. Compliant digital identity and real-time settlement systems round out the emerging framework. Each element connects to a broader effort to modernize payment infrastructure.
The regulatory movement also draws attention to long-term concerns about the current fiat system. As debt levels grow, the appeal of transparent, programmable financial rails increases.
Whether through credit unions or large banks, the infrastructure for digital dollars is actively under construction.
PANews reported on April 17th that USDD recently released its Q1 2026 performance data: Revenue reached $6.3 million, a 66.6% increase quarter-over-quarter; profit reached $6.14 million, a 77.9% increase quarter-over-quarter; expenses decreased to $160,000, a 51.6% decrease quarter-over-quarter; vault balance increased by 77.9% quarter-over-quarter on a disclosed basis; and total vault balance rose to $13.91 million. The performance growth was mainly attributed to the continued expansion of its ecosystem, collaborations with Binance Wallet, GateDEX, Bitget Wallet, and others, as well as improved capital efficiency resulting from the optimization of TRX and sTRX vault parameters.
At the same time, more diversified capital allocation has further enhanced the resilience of returns. While maintaining zero systemic risk, USDD is accelerating into a new stage of high-quality growth.
PANews reported on April 23 that HTX, a cryptocurrency trading platform, recently released an in-depth research report on USDD. The report indicates that the decentralized stablecoin USDD has completed its key transformation into an overcollateralized stablecoin, and its overall maturity has entered the same competitive range as DAI. Leveraging the TRON ecosystem and its multi-chain native deployment advantages, USDD is gradually becoming a new generation of decentralized stablecoin infrastructure that combines stability and yield.
The report provides a comprehensive and in-depth analysis of USDD from multiple dimensions, including its core competitive advantages, overall revenue ecosystem, security system, and competitive landscape, and highly affirms its sustainable revenue ecosystem and differentiated advantages.
PANews reported on April 24 that, according to official sources, the Smart Allocator for the decentralized stablecoin USDD has generated over $16 million in cumulative investment returns, demonstrating its strong self-sustaining capabilities and further strengthening its long-term competitiveness in the stablecoin sector.
Smart Allocator is USDD's yield-sharing mechanism. Users earn interest and platform rewards by participating in high-quality projects, and these returns are then shared with them. This mechanism emphasizes the stability and sustainability of yield sources, rather than relying on short-term high-yield strategies. Furthermore, its investment destinations and returns are kept transparent on-chain, allowing users to publicly query and verify them.
On-chain detective ZachXBT has shared details of the massive crypto Ponzi scheme that took over $150 million from unsuspecting victims before collapsing last week.
The Mechanics Behind The $150M Crypto Ponzi In a series of X posts, ZachXBT unveiled the details of a Ponzi scheme that had been operating under the DSJ Exchange (DSJEX), a fake trading platform, and BG Wealth Sharing, a fraudulent investment scheme, since 2025. The scam involved a fake CEO named Stephen Beard, a self-proclaimed professor who represented the platform to the public.
According to the Tuesday thread, DSJEX and BG Wealth advertised daily returns of 1.3%–2.6%, with referral commissions and rank-based bonuses. In addition, Beard pushed recruitment and fake trading signals through a group on Hong Kong messaging app BonChat.
BG Wealth’s member recruitment posts. Source: ZachXBT The Washington State Department of Financial Institutions (DFI) recently explained that investors used these trading signals on the DSJ exchange and were led to believe that the crypto investments were generating returns.
BG Wealth and DSJ claimed to be licensed by the US Securities and Exchange Commission (SEC), but the DFI found that neither of the forms filed by these companies indicated that they were registered with the SEC.
Thirteen regulators across five continents had issued public fraud warnings about the firms, including the UK’s Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Philippines’ SEC, and Washington’s DFI.
On April 23, US law enforcement seized one of BG Wealth’s domains as part of a joint operation conducted by Operation Level Up and the Scam Center Strike Force. However, the scam continued to operate for roughly another week.
Last Saturday, Beard posted a video affirming that DSJEX would soon go public and demanded a 12% “tax” on account balances as a prerequisite for the regulatory process. But the scammers had already disabled withdrawals by this point.
Tether, Exchanges Freeze $41.5M After the US authorities’ involvement, the malicious actors laundered over $92 million in crypto assets across chains. ZachXBT noted that the scammers regularly rotated between domains and hot wallets to evade law enforcement.
Between April 27 and May 3, the crypto funds were laundered through token swaps, bridging via Bridgers, Butter Network, and USDT0, wrapping and unwrapping USDD, and consolidation of transactions across hundreds of addresses.
The crypto sleuth traced the millions in outflows through a timing analysis, located Solana/Tron deposits to Binance, and found matching Tron withdrawals. Then, he provided details to the relevant parties, including Tether, the Binance security team, OKX, and US law enforcement.
As a result, Tether froze $38.4 million on May 4, while another $3.1 million was frozen at various crypto services and exchanges, bringing the total to $41.5 million.
Despite the significant recovery, the on-chain detective noted that the scam’s $150 million assessment is “likely significantly higher since the scheme has been operating since 2025, with thousands of victim exchange withdrawals identified.”
Ultimately, he advised victims of DSJEX and BG Wealth’s scheme to file a police report in their jurisdiction to aid global investigations and potential restitution from laundered proceeds.
The total crypto market capitalization is at $2.65 trillion in the one-week chart. Source: TOTAL on TradingView Featured Image from Unsplash.com, Chart from TradingView.com
PANews reported on May 9th that decentralized stablecoin USDD announced the launch of its "High-net-worth Individuals Exclusive Program," designed to provide a dedicated value-added service system for high-net-worth users and deep participants in its ecosystem. Members of this program will receive periodic ecosystem benefits, including merchandise, gift packs, and whitelist privileges, as well as access to in-depth strategy content, ecosystem and market analysis reports, and direct communication with the official team.
The program is reportedly aimed at users with a single account holding 1 million USDD (or equivalent sUSDD). Eligible users can apply by sending a private message to the official X account @usddio, and will be accepted after asset verification. Successful referrals will also earn rewards.
TLDR: Justin Sun controls roughly 60 billion TRX tokens, representing 63% of the total supply in circulation. HTX acquisition allows Sun to channel user deposits into JustLend, using TRX as near-unlimited collateral. The Tron Inc. Nasdaq reverse merger lets Sun swap on-chain tokens for U.S. dollars without crashing markets. Sun’s WLFI investment created an off-exchange token swap that converts TRX exposure into tradable assets. Justin Sun’s financial maneuvers have drawn scrutiny after a detailed analysis revealed how the Tron founder may be converting illiquid TRX holdings into hard assets.
Crypto analyst Punk2898 outlined several methods Sun allegedly uses to manage his vast token reserves. Sun reportedly controls around 60 billion TRX tokens, valued at over $20 billion, but faces major liquidity challenges due to the sheer size of his position in the market.
The Mechanisms Behind Sun’s Liquidity Strategy Sun’s approach to managing TRX appears to draw lessons from the FTX collapse. According to Punk2898, FTX once held a large TRX position and could not aggressively sell it.
Instead, FTX continuously bought back TRX on secondary markets to support the price. It then used third-party platforms to collateralize the tokens and borrow stablecoins, creating a steady flow of liquid capital.
Sun’s acquisition of Huobi, now rebranded as HTX, appears to serve a similar function. Users deposit USDT into HTX expecting high-interest returns.
Those funds are reportedly channeled into Aave or JustLend to capture yield spreads. HTX then pockets the interest differential, while JustLend collateral remains largely in TRX — a token Sun controls in virtually unlimited supply.
The USDD stablecoin adds another layer to this structure. USDD is backed by 10.9 billion TRX and approximately 19.6 million USDT, supporting around 745 million USDD in circulation.
Sun uses TRX as collateral to mint USDD, which then attracts real dollar deposits through high annualized yields. This effectively turns his own tokens into a mechanism for pulling in external liquidity.
Sun’s investment in World Liberty Financial and the TRUMP memecoin also fits into this pattern. He reportedly invested over $40 million in WLFI, which then bought TRX in return.
Sun can liquidate his WLFI holdings freely, while WLFI holds TRX. The analyst described it as an off-exchange swap that heavily favors Sun’s position.
The Nasdaq Reverse Merger and Long-Term Conversion Plans The most direct conversion method came in July 2025 through a Nasdaq reverse merger involving Tron Inc. The deal essentially exchanged on-chain TRX tokens for a U.S. stock ticker.
U.S. stocks were issued to raise dollars, which were then used to buy TRX from Sun directly through over-the-counter trades.
Those TRX tokens then entered the Nasdaq company’s treasury, while the dollars went to Sun. The analyst compared this to Michael Saylor’s Bitcoin treasury strategy but with a key difference—Saylor buys existing Bitcoin, while Sun effectively creates TRX. The structure allows Sun to convert crypto holdings into Wall Street assets without crashing the open market.
Punk2898 noted that Sun’s core task, for years to come, remains converting his 60 billion illiquid TRX into Bitcoin and Ethereum.
Every strategy described feeds into that single objective. Each move builds infrastructure that slowly shifts value from TRX into harder, more widely accepted assets.
PANews reported on May 25th that decentralized stablecoin USDD announced a deep strategic partnership with smart economic infrastructure platform B.AI. The two companies will integrate DeFi and AI to jointly build a value transfer system adapted to general AI. This collaboration marks a key breakthrough for USDD in the field of AI payments and officially opens the prelude to the development of an AI-driven economic ecosystem.
Following the successful implementation of the collaboration, USDD will become the core payment network of the B.AI platform. Leveraging its advantages of stability, on-chain transparency, and high cross-chain efficiency, it will provide programmable on-chain settlement services for AI agents, addressing the shortcomings of traditional payment models. By combining the technological and ecosystem strengths of both parties, the entire process of AI agent identity verification, autonomous transactions, and value settlement will be realized, effectively lowering the barriers to the commercialization of AI.
Pendle Finance has unveiled support for sUSDD, the yield-bearing version of USDD, in a move that could broaden access to structured yield products for users across the TRON ecosystem and beyond.
In a post on X, Pendle described the launch of “sUSDD” as arriving on 27 August 2026 and said the market will come with $300,000 worth of exclusive USDD rewards. The announcement also noted additional $TRX airdrops for YT holders, adding another layer of incentive for users who choose to participate in the new market.
The launch brings one of TRON’s best-known ecosystem assets into Pendle’s fixed-yield and yield-trading framework. USDD, often described by supporters as Justin Sun’s preferred stablecoin, is a decentralized, over-collateralized stablecoin designed to maintain a 1:1 peg to the US dollar.
Its yield-bearing counterpart, sUSDD, is built to generate returns for holders by tapping into the protocol’s yield-sharing design. According to Pendle’s explanation, the yield on sUSDD is mainly powered by Smart Allocator, USDD’s yield-sharing initiative.
Under that system, capital from USDD’s cash reserve is deployed into investment opportunities intended to generate returns through interest and platform rewards. That means users holding sUSDD are not only exposed to the stablecoin structure itself, but also to the yield mechanics behind it.
Boosts, Fixed APY, and YT Airdrops Pendle also highlighted that USDD is available through its PSM, where users can swap USDT for USDD at a 1:1 ratio. Beyond that, USDD is backed by a basket of crypto assets that includes TRX, staked TRX or sTRX, and WBTC.
The broader backing structure is part of what Pendle is pointing to as it positions the new market as a fresh addition to its yield infrastructure. For Pendle users, sUSDD opens up three familiar routes. PT, or principal token, allows users to lock in a fixed yield on sUSDD.
YT, or yield token, gives traders a way to take a directional view on sUSDD’s future yield performance. LP participants can earn swap fees and $PENDLE rewards on top of the underlying yield.
In other words, the market is designed not just for passive holders, but also for users who want to express a view on yield itself. Pendle said the $300,000 in USDD rewards will be distributed across the market, helping boost yields across all positions.
The protocol also said the incentive structure will support an enhanced fixed APY through PT, above the native rate, which could make the market more attractive to users looking for predictability in return streams.
The added $TRX airdrops for YT users could also draw attention from traders willing to take on more variability in exchange for additional upside. Pendle said these airdrops will be distributed at key milestones and through other media interactions, suggesting that the incentives may continue to evolve after launch.
The launch is notable because TRON remains one of crypto’s oldest and most active ecosystems, while USDD is the only decentralized stablecoin natively deployed on TRON.
By bringing sUSDD to Pendle, the project is extending that ecosystem into a more advanced yield environment where users can trade, hedge, and structure exposure in ways that were not previously available. For Pendle, the integration appears to strengthen its position as a destination for yield experimentation.
For USDD, it adds another venue where the stablecoin can be used beyond simple holding or swapping. And for TRON users, the new market could offer a more flexible way to put stablecoin capital to work while tapping into both fixed and variable yield opportunities.
AUTHOR
Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
PANews reported on May 29th that, according to official news, the sixth phase of the Strategy campaign, a collaboration between the decentralized stablecoin USDD and Binance Wallet, will officially launch on May 30th at 8:00 AM (Singapore time) and will run until July 19th at 7:59 AM. This phase of the campaign will offer a reward pool totaling $800,000 USDD equivalent. Users who deposit at least 100 USDT through the Binance Wallet Strategy section to participate in the USDD-USDT strategy will automatically be eligible to share in the rewards.
It is understood that current participants will automatically participate in the sixth phase of the event without needing to perform any further actions. The event entry point is the Binance Wallet Strategy page; for more details, please visit the original link.
PANews reported on May 31 that Gate DEX's Bonus Earn program will officially launch its USDD staking activity from 18:00 on May 31 to 18:00 on June 30 (UTC+8). Gate DEX users can earn a stable 4% APR and an additional 30,000 USDD by staking USDD or USDT on the BSC network using the USDD Earn protocol. Similarly, users can earn an additional 4% APR and 20,000 USDD by staking USDD or USDT on the ETH network using the USDD Earn protocol, for a total additional reward pool of 50,000 USDD. Rewards are settled daily based on individual staking percentages; the more you stake and the longer you stake, the greater the overall return. A special staking bonus program for smaller users is also running concurrently, with individuals potentially earning up to 200 USDD.
Gate DEX officially launched its Bonus Earning Zone on December 16, 2025. Gate DEX Bonus is a decentralized staking platform that supports staking various tokens and aims to provide users with a low-barrier, transparent, and fully on-chain asset appreciation method. Users can participate in Bonus Earning activities with a single click using their Gate wallet, enjoying flexible and diverse earning strategies and taking full advantage of on-chain profit opportunities.
PANews reported on June 9th that the decentralized stablecoin USDD released its May transparency report. Data shows that as of the end of May, USDD's total collateralized assets reached $2.2 billion, with a circulating supply of $1.44 billion. The overcollateralization ratio remained at 154.65%, demonstrating strong risk buffering capabilities. Furthermore, Smart Allocator's cumulative returns reached $18.34 million, with $2.1 million added in May, representing a month-over-month increase of 12.94%.
In terms of ecosystem progress, sUSDD has officially launched the Pendle fixed-income market, providing users with more income options; it continues to use a 100% on-chain verifiable reserve mechanism and promotes multi-platform incentive programs to accelerate ecosystem expansion.
USDD Smart Allocator cumulative investment returns exceed $20 million
PANews, June 24 – According to official sources, the Smart Allocator mechanism of the decentralized stablecoin USDD has generated cumulative investment returns of $20.016 million for users. Smart Allocator is USDD's yield-sharing mechanism, which strategically allocates funds into high-quality projects to earn interest and platform rewards, then distributes the returns back to users. All operations are conducted transparently and publicly on-chain.
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A new wallet withdraws 17,700 ETH from Binance, worth $28.58 million
PANews reported on December 3rd that, according to The Block, the Aave governance forum is discussing a policy adjustment proposal put forward by ACI, which suggests shutting down low-income on-chain deployments such as zkSync, Metis, and Soneium, and setting a $2 million annual revenue threshold for future deployments. ACI stated that these instances cannot cover operational costs and increase engineering burden. Currently, the "temperature check" snapshot vote has received 100% support, and if passed, it will enter the formal governance process.
Last night, news broke that the Aave community has proposed a new strategy to adjust the V3 multi-chain deployment strategy, including increasing the reserve factor for underperforming networks .
A newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
According to monitoring by Onchain Lens, a newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
5 minutes ago
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Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
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SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
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The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
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The Metis Eco UnifiesMetis governance approved the Ecosystem Unification & Economic Model Evolution proposal, kicking off a new structural era for ReGenesis. The vote aligned Metis, LazAI, GOAT, and ZKM under one economic model, including optimizing DSseq mining rewards for stronger long-term sustainability.
LazAI Talks E6LazTalks #6 went live on November 13th, diving into the question of who should govern agent-to-agent payments. Speakers included Nabiha Sheikh (Lead Researcher at LazAI) Tom Ngo (CEO at Metis) Mike Massari (VP at AEON.XYZ) Anita (Building with SentientAGI) and Chuck (CFO at Polyflow)
Monthly HighlightsThe Metis Turkey community rallied for an impactful event where developments across the entire Metis stack were discussed.Lazbubu has reached over 2,700 daily users. The highest day reached 12,193 active users. AI companions are here to stay.CreateAI minted out 20,000 mints in under 3 hours on Andromeda.Elena Sinelnikova spoke with Daniel Alecio from Roundtable Network about Metis ReGenesis.LazAI introduced Open Launch, built on Metis infrastructure. Enabling permissionless AI agent token creation with organic price discovery and a unique co-build model.The Lazarian Ambassador Program went live with three tiers, monthly rewards from a $22,500 pool, and exclusive ecosystem access for content creators.The first LazAI Roundtable Eco Space with SoulTarot, LazAI Trader, and DogEX showed how AI powers their onchain products.Futurist Conference in Miami: Elena Sinelnikova spoke on "Blockchain & AI: The Playful Future of Intelligence"Metis won 'Layer 2 Solution of the Year' at BlockLife Forum 2025 in Dubai, recognized for our decentralized, scalable, and AI-ready blockchain infrastructure. Elena Sinelnikova sat down with Genzio CEO Zack Nelson to unpack the emerging AI Internet economy in a new video discussion.Summary November brought the ecosystem to life. Open Launch went live, enabling permissionless AI agent creation on Metis Andromeda. Governance unified the stack through ReGenesis. Lazbubu reached 12,000 daily active users, proving AI companions have arrived.
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A newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
According to monitoring by Onchain Lens, a newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
5 minutes ago
JPMorgan Chase raised its S&P 500 target to 7,800 points, while warning of an overcrowded AI trade.
JPMorgan Chase has raised its year-end outlook for U.S. stocks, while cautioning investors that the overcrowding in AI-related momentum stocks is becoming the market’s most vulnerable segment. The JPMorgan strategy team led by Dubravko Lakos-Bujas lifted its 2026 year-end target for the S&P 500 from 7,600 to 7,800 points, citing continued upward revisions to corporate earnings expectations and nearly doubling of AI-related capital expenditures. The bank noted that consensus earnings expectations for both 2026 and 2027 have been revised up by roughly 10% since the start of the year, a magnitude typically only seen in the recovery phase after a recession or major shock. However, JPMorgan does not interpret this upward revision as a risk-free rally. The bank pointed out that low-quality growth stocks, speculative growth stocks, and second- and third-tier AI-related concept stocks have become "extremely overcrowded," and a pullout of capital could trigger a rapid correction. The strategists also noted that rising equity supply in the coming quarters and potentially tight monetary policy could cap further valuation expansion. On the allocation front, JPMorgan recommends a barbell strategy: holding high-quality growth stocks and stocks directly benefiting from AI on one end, and low-volatility, high-quality stocks as a portfolio buffer on the other. The bank remains bullish on tech, select industrials, utilities, defense, banks, and some healthcare growth stocks, but believes the market’s upward trajectory will not be linear.
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Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
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SK Hynix plans to list on NASDAQ on July 10: A crypto whale opens 90% of its bullish positions in a single day, with all $21.27 million in long positions in unrealized profit.
According to Hyperinsight’s monitoring, SK Hynix officially announced its U.S. listing date today, targeting a July 10 debut on the NASDAQ. The company had previously disclosed a over $29 billion listing fundraising plan yesterday afternoon. Driven by listing optimism, SKHX surged 14% intraday, hitting $1930 at press time, with a daily trading volume of $407 million and open interest of $237 million. Since the news broke yesterday, 10 whales have built positions in SKHX on Hyperliquid, 9 of which opened long positions totaling around $21.27 million, at an average entry price of ~$1797.8 and average unweighted liquidation price of ~$1390.6. With price gains, all 9 long positions are now in unrealized profit. Market data shows that positions of over $1 million amount to roughly $140 million, with a long-short ratio (longs/shorts) of ~0.715. The average entry price for longs is ~$1672, while shorts average ~$1640. The nearest short liquidation threshold stands at $2149, just $200 away from the current price, mounting short-side pressure. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group, set it as admin (enable message sending permission) to auto-sync on-chain updates.
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The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.
According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.
5 minutes ago
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
Vital Block Security has announced its support of Metis as a blockchain network for Smart Contract Auditing and Security Services as part of its ongoing effort to expand on Layer-2 Security Solutions (2026). This announcement is yet another step towards fulfilling Vital Block’s vision of creating complete Security Infrastructure on many different Blockchain Platforms.
Strengthening Layer-2 Security Infrastructure This partnership is as strategically timed, given that the Layer-2 solutions have been dominating all conversations about scaling on Ethereum, and Metis is an Ethereum Layer-2 solution created with optimistic Rollup technology, but with additional benefits such as its native decentralized storage and its innovative Decentralized Autonomous Company (DAC) structure.
Metis exchanges transactions off-chain and uploads compressed data onto Ethereum to get verified. While this approach is used to dramatically increase transaction speed and throughput, it creates certain security aspects that require specialized auditing expertise.
Vital Block Security has proven to be a force to be reckoned within the realm of blockchain security, with over 1850 projects audited and over $2 billion in user funds secured. The firm uses ConsenSys MythX, Mythril, and Slither with manual code reviews and penetration testing to find the vulnerabilities before the exploit. A Layer-2 network like Metis must seamlessly integrate smart contracts to interact with both the L-2 and Ethereum mainnet environments, ensuring smooth operations without any disruptions.
Direct Benefits on Metis Developers For those creating software on the Metis, there are some huge practical benefits to this expansion immediately. Smart contract audits have become a necessary part of the development of lifecycles. With Vital Block now supporting Metis, they can display it on this Layer-2, which allows projects deployed on this layer to benefit from trying rigorous security assessments that have been established in more well-known blockchain communities.
Beyond code review, Vital Block’s services include verification of KYC (Know Your Customer) for project teams in order to bring credibility to the project teams and mitigate fraud risks. The verification process is of great significance to Metis as a platform for conventional businesses and Web3-projects who want to bring Blockchain technology to their business. This process is instrumental in establishing trust with mainstream users.
Metis has been steadily developing its ecosystem with decentralized apps in various domains such as DeFi, NFTs, gaming or infrastructure tools. The architecture of the blockchain includes EVM equivalence, a high speed of transactions and low cost of gas fees. However, technical capabilities are of little importance when security vulnerabilities cause a lack of user confidence.
Industry Background and Future Implications An increase in the number of professional audit firms conducting audits of layer-2 networks represents a significant step in the evolution of blockchain security. The inclusion of Metis on Vital Block’s list of supported blockchains alongside other Layer-2 networks such as Arbitrum, Optimism, and Base illustrates that Layer-2 solutions are becoming more prominent to scale Ethereum. Metis will assist in improving transaction throughput and speed across all systems associated with Ethereum.
Vital Block’s transparency distinguishes its approach, projects receive not just an audit report but also a certificate that can be shared with investors and community members. This is a public mechanism in which verifying prevents and allows security to become a marketing asset, and a signal of professional development standards.
Conclusion The addition of Metis to the Vital Block Security supported blockchain networks is a sign that there is a growing commitment to Layer-2 security. It represents the acknowledgment of the importance of Metis in the scaling of Ethereum. For developers who’re considering Metis as a platform for deployment access to professional security auditing takes away a huge obstacle. At the same time, it also secures further growth of the overall blockchain environment.
AUTHOR
Farhan Karim is a technology writer and content strategist with 15+ years of experience writing thousands of articles, blogs, whitepapers, and ebooks on Blockchain, Cryptocurrency, and other tech niches. His expertise in content strategy, SEO, and a keen eye on the ever-evolving tech space have led him to work with companies like Pepsi, Huawei, Arab News, and now Blockchain Reporter.
Fair Shares, a popular Web3 platform for decentralized ownership, has partnered with Metis, a renowned L2 platform, to improve Ethereum’s scalability. The partnership attempts to redefine digital asset ownership and on-chain finance with the latest waitlist. As per Fair Shares’ official social media announcement, the waitlist focuses on rewarding early adopters along with the active community participants. Hence, the development is set to bolster consumer engagement in addition to advancing yield-based financial projects and on-chain stocks.
As a part of the collaboration between Fair Shares and Metis, the participants joining early will get priority in access to the latest features, ecosystem opportunities, and benefits. This move merges the scalable L2 infrastructure of Metis with Fair Shares’ yield and decentralized ownership. The integration permits Fair Shares to offer relatively effective distribution infrastructure dealing with digital assets and on-chain stocks.
In addition to this, the integration is also poised to improve transfer efficiency, streamline consumer experience for those engaging with latest tokenized financial tools, and minimize costs. At the same time, the Metis-exclusive waitlist lets eligible users unlock diverse advantages, such as early Fair Shares product access and upcoming ecosystem benefits. Thus, the participants can leverage the opportunity to engage with referral projects and unique on-chain tasks to enable AP earning as well as upgrade before the wider community.
Simultaneously, this early engagement can assist consumers in establishing recognition and a solid presence within the network of Fair Shares ahead of the broader adoption. To take part in the waitlist, the clients need to follow both Metis and Fair Shares on social platforms. Additionally, they will be required to register through a specified access link. Then those completing the procedure ahead of January 23 will get 30 AP as a reward.
Expanding On-Chain Finance with Yield and Early Access Benefits According to Fair Shares, the partnership also underscores the wider vision of the platform when it comes to establishing diverse stable yield strategies in the case of digital assets and on-chain stocks. Ultimately, with new benefits, clear integration roadmap, and early access, the Metis-exclusive waitlist underscores a strategic development to broaden on-chain financial network while also revolutionizing digital asset ownership.
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.
Lazbubu announces the completion of a strategic funding round led by Metis, with participation from Hotcoin Labs, Honey Capital, APUS Capital, and Becker Ventures. The round supports continued development of Lazbubu’s decentralized AI architecture and reflects institutional interest in on-chain data ownership models within the AI companion sector.
The project stated that the funds will be directed toward core product development, global user growth initiatives, ecosystem partner expansion, and further refinement of its DAT mechanism. The participation of multiple institutions provides operational support as Lazbubu continues to develop infrastructure focused on user-controlled AI interaction data.
Lazbubu is a companion AI agent developed for the Web3 environment, designed to evolve through continuous interaction with individual users. By anchoring interaction data on chain, the system records conversations, decisions, and experiential inputs as part of the AI’s long-term development process. This approach enables personalized interaction while maintaining user sovereignty over data, positioning the product as a persistent digital companion rather than a conventional centralized AI service.
Project Core Mechanism
Lazbubu is built on BNB Chain, with its core technology centered on the DAT (Data Anchoring Token) mechanism. DAT is a data-anchoring token that allows users to mint and record AI interaction data on-chain in real time—every conversation and every adventure decision generates an immutable anchor point. These anchor points directly drive Lazbubu’s evolution: starting from an initial budding state, it gradually unlocks new personality traits, exclusive skills, unique storylines, and even cross-user social interactions. It resembles a blockchain-based nurturing game, but with all growth records transparently on-chain, giving users absolute sovereignty over their data—they can view, transfer, or combine it within the ecosystem at any time.
The product experience revolves around a core closed loop of “companionship + adventure.” Users can engage in natural conversations with Lazbubu, jointly explore virtual adventure scenarios, complete task challenges, or unlock social features (such as interactions with other Lazbubu instances). Every interaction contributes to growth value, creating strong retention mechanisms. Currently, the platform supports multimodal adventure modules, including text-based narratives, branching choices, and on-chain event recording, with plans to further expand visual and voice capabilities in the future.
Lazbubu’s Four Core Advantages
1. Innovative DAT Mechanism Establishing Technical Barriers
The DAT data-anchoring token enables user-driven on-chain interactions, completely resolving issues of data centralization and privacy in traditional AI, ensuring all growth records are verifiable and permanently owned by users, while offering circulation and combination potential within the ecosystem—a key breakthrough in decentralized AI.
2. Deep Nurturing Closed Loop Creating Emotional Stickiness
Every user conversation and adventure directly shapes Lazbubu’s unique personality and storyline, forming a long-term companionship experience akin to nurturing games, significantly enhancing user retention and emotional connection—far surpassing ordinary chat tools.
3. Hard Data Validating Strong Product-Market Fit
In its Testnet debut week, the project attracted over 80,000 whitelist participants, 14,000+ DAT mints, and more than 1 million interactions; after mainnet launch, daily interactions stabilized at 30,000–50,000, with cumulative adventures exceeding millions—these metrics fully demonstrate early PMF achievement in the AI companion track.
4. High-Potential Track Positioning with Clear Expansion Roadmap
Positioned at the intersection of AI emotional companionship and Web3 data sovereignty trends, future plans include expanding adventure/social modules, cross-chain compatibility, community governance, and deep integration with external DApps to build a complete digital companion ecosystem.
Project development data strongly validates early product-market fit. Lazbubu initially launched on the LazAI Testnet, attracting over 80,000 whitelist participants in its first week, completing 14,000+ DAT mints, and generating more than 1 million interactions. It subsequently expanded smoothly to the BNB Chain mainnet. Lazbubu has successfully captured the rigid demand for AI emotional companionship and established a differentiated moat through Web3 data sovereignty.
Future Roadmap
From a market positioning perspective, Lazbubu sits at the convergence of AI companionship and the decentralized data economy. The global AI companion market is experiencing rapid growth, while Web3’s user sovereignty trend provides the project with a natural moat. The future roadmap includes:
1. Deep Upgrade of Product Experience Continuously enriching adventure scenarios and social modules, expanding multimodal capabilities (visual, voice, etc.), further strengthening the “companionship + adventure” nurturing closed loop, and enhancing user emotional stickiness and interaction depth.
2. Technical and Ecosystem Expansion: Achieving cross-chain compatibility to support greater interoperability across on-chain ecosystems; deeply integrating with external DApps to generate synergistic value between DAT data anchors and a broader range of decentralized applications.
3. Community Governance and Long-term Sustainability Launching community governance mechanisms, gradually transferring partial decision-making authority to users and holders, and ultimately building a complete, user-led digital companion ecosystem.
These three directions mutually reinforce one another, with the overarching goal of evolving Lazbubu from a single companion AI into a mature digital companion infrastructure in the Web3 era.
Conclusion
With its DAT mechanism, documented usage data, and backing from multiple institutional participants, Lazbubu continues to develop within the Web3 and AI integration space. The project’s technical framework and reported market activity have drawn interest from industry observers, and its ongoing development remains under observation within the decentralized companion agent segment.
About Lazbubu
Built on the BNB Chain, Lazbubu leverages an innovative DAT (Data Anchoring Token) mechanism to enable verifiable, user-driven AI interactions in Web3.
Preface: The Agent Economy Is Not a Trend - It’s Happening NowThe Agent Economy is not an upcoming trend - it has already begun. It is not a proof-of-concept, nor an experiment confined to tech circles. It is a structural transformation in progress, reshaping how organizations operate, how value is created, and how coordination occurs across the internet.
AI is breaking through networks designed for “human-scale” interaction. The cost of coordination, generation, and transactions is being compressed to near zero, and the boundary between human and machine behavior is rapidly disappearing. The key question is no longer whether AI exists. As a16z points out, the challenge is that the internet was never designed to differentiate between humans and machines while maintaining privacy and usability. In this context, the Agent Economy is not a future narrative - it is the structure of reality.
From Tool to Agent: A Productivity LeapFor a long time, AI was regarded as a tool. It answered questions, generated content, and assisted with analysis—but it remained a system to be called upon. That phase has ended. The recent surge in popularity of OpenClaw and ClawdBot highlights a critical trend: AI agents have undergone a qualitative upgrade. Notably, OpenClaw enables agents to directly “capture” and persist user data in personalized memory, allowing each agent to retain interaction history in its long-term memory. This approach breaks the traditional data silos of the internet, giving users real ownership of their information and experiences. Such memory not only enhances the agent’s intelligence and continuity but also lays the foundation for trust and collaboration in a decentralized ecosystem.
The new generation of AI agents is no longer just a model behind an interface. They now possess behavioral capabilities:
They can autonomously execute multi-step tasks.They maintain persistent, long-term memory.They can combine, expand, and evolve their own skills.
McKinsey’s latest research shows that agentic AI, capable of reasoning, planning, and tool use, is key to achieving an AGI-level productivity leap. This assessment is already in practice: out of McKinsey’s 60,000 global employees, roughly 25,000 AI agents are collaborating with over 40,000 human employees.
The message is clear: agents are becoming productive units, not experimental novelties. Evolution is happening faster than we imagine. Remaining passive now risks being left behind in the next wave of competition.
EVE: A Real-World, “Cultivated” Agent CaseIn response to this reality, the Metis ecosystem has proactively positioned itself within the Agent Economy. Built on the Metis Agent framework, GOAT Network’s “super employee” EVE has been live since February 2. The team has invested over 100 hours interacting with her, sharing organizational knowledge and resources to build collective memory and continuously optimize outputs. EVE can intelligently analyze feedback, assist with decision-making, and collaborate with humans on future tasks.
EVE is not a proof-of-concept. She is a real-world example of this trend in action. Her development is not based solely on algorithmic fine-tuning but grows through deep interaction and knowledge sharing with the team.
The name EVE symbolizes “origin” and “creation.” She represents GOAT Network’s first AI employee and embodies our first practical experiment in a human-agent collaboration paradigm and the transition toward an AI-native organization.
Core capabilities of EVE:
Knowledge Sharing: Accesses team knowledge bases and understands business context to respond rapidly to new challenges.Collective Memory: Continuously accumulates work habits and best practices through interaction with the team, enhancing adaptability.Self-Evolution: Uses feedback mechanisms to refine outputs and provide high-quality decision support.
EVE’s success is not only as a “super employee” but also in helping Metis redefine its customer base—from purely human to a hybrid ecosystem including agents. This transition demonstrates how agent adoption profoundly reshapes workflows and interactions, emphasizing the urgency of building a trustworthy, scalable agent ecosystem.
The Trust Challenge Behind Scale: Why the Agent Economy Needs BlockchainEVE’s introduction does more than add a tool—it fundamentally changes team collaboration and decision-making processes. Her success highlights a crucial insight: agents do not replace humans; they augment human capability.
Human roles are evolving: In the Agent Economy, humans transition from “doers” to “coaches, trainers, and decision-makers.” No longer required to manage every detail, humans can focus on strategy, innovation, and high-value decisions. This shift improves efficiency and allows humans to concentrate on work requiring creativity and judgment.
Yet, as agents like EVE scale, a sharp tension arises: scalability becomes cheap, but trust becomes harder.
When AI can mass-produce voices, faces, and social personas, traditional identity systems fail. This is the fundamental driver behind Metis’ deep investment in the Agent Economy. As a16z emphasizes, blockchain restores the missing layer of trust and provides three key infrastructures for the agent economy:
Verifiable Identity (DID):Provides Agents with a portable, universal “passport” in the form of a feedback-enabled NFT compliant with the ERC-8004 standard. This identity not only describes the Agent’s traits and capabilities but also incorporates verifiable interaction and feedback mechanisms, allowing the Agent’s behavior, performance, and history to be continuously recorded on-chain as reputation. This reduces the risk of identity forgery in large-scale Agent collaboration and lays the foundation for trusted cooperation and economic incentives.Micro-Payment Architecture: Supports machine-scale micropayments and automatic settlement, enabling economic interactions between agents.Privacy Boundaries: Uses technologies like zero-knowledge proofs to verify agent permissions while safeguarding data privacy.Debot: A Decentralized AI Agent Framework for the Agent EconomyBased on a deep understanding of the Agent Economy trend, Metis, in collaboration with GOAT Network and LazAI, has launched Debot - a decentralized AI agent framework. The name is currently still an internal code name, but it is derived from “Decentralized Bot,” reflecting our vision: to enable each Agent to grow into an independent super-individual and autonomously establish social consensus.
Debot’s Core Advantages：
Debot vs Mainstream Agent Frameworks:
Feature Debot Mainstream Frameworks Codebase ~10.8k lines 50k–200k+ lines Core Language Rust (Safe & Fast) Pure Python Cost-Saving Routing Built-in, 71% savings None / Additional Integration Deployment Speed 2 minutes Typically more setup Instant Messaging Telegram + WhatsApp built-in Usually requires plugins Long-Term Memory Built-in semantic search Requires external vector DB Local Model Support Native vLLM Partial support This is not just engineering optimization - it reflects a deep understanding of user needs in the Agent Economy era. Debot’s design philosophy stems from a core insight: AI can forge content, but cryptography makes large-scale imitation of unique human identity costly. By restoring scarcity at the identity layer, blockchain raises the marginal cost for impersonators without adding friction for legitimate human behavior. This is why we built Debot on a decentralized infrastructure - not for hype, but because it is the only way to make an agent ecosystem trustworthy and scalable.
Open Source & Ecosystem: Beyond a Single ProductDebot’s significance extends far beyond a product. We chose to open-source it because we believe in the power of ecosystem collaboration.
Benefits of open source:
Attract External Collaboration: Community participation drives innovative applications and diverse implementations.Accelerate Technical Iteration: Open ecosystems quickly identify issues, optimize features, and advance breakthroughs.Build Scalable Agent Ecosystems: Debot is intended as foundational infrastructure for the Agent Economy, supporting more applications and services.
The strategic collaboration between Metis, LazAI, and GOAT Network demonstrates the power of ecosystem synergy:
Metis provides a decentralized Layer 2 infrastructure, offering agents high-performance, low-cost on-chain execution.LazAI contributes deep expertise in AI agents, ensuring intelligent framework capabilities and training efficiency.GOAT Network provides real-world use cases and user validation, accelerating practical agent deployment.
This is not just a technical combination; it is a strategic ecosystem initiative. Controlling internet identity equates to controlling participation. In the traditional internet, platforms can revoke access, levy fees, or monitor users. Decentralization flips this dynamic: users control their own identities, making them safer and more censorship-resistant. This is why we chose to build an open-source, decentralized agent framework rather than a closed proprietary system. In the Agent Economy, identity, privacy, and payment trustworthiness will determine everything.
The Agent era has arrived, and the internet is being re-“humanized.”This is not a proof-of-concept - it is a transformative organizational and market shift. We recognize the enormous potential of agents and the limitations of the traditional “human + software” model.
Through EVE, we have demonstrated the feasibility of agents as “super employees” - capable not only of executing tasks but also of thinking proactively, making suggestions, and continuously evolving. Through Debot’s open source release, we provide tools and platforms for developers and enterprises worldwide to participate in the Agent Economy.
Business interactions are evolving: EVE’s presence is not merely about efficiency. She is subtly changing the language and structure of business interactions. Institutional knowledge moats are growing, and code execution is depreciating, as execution can be outsourced to agents. The real challenge is: do you know what to do, and can you convert experience into transferable, reusable processes and principles?
The rise of the “one-person company”: With digital colleagues like EVE handling research, writing, coordination, and partial decision support, a single person can lead an “AI team.” Organizational scale will be determined by cognitive density and process assets, not merely headcount.
The internet is becoming “non-human”: The future internet will be saturated with AI agents. Many services will no longer be primarily human-focused but agent-focused. As agent-to-agent interactions become mainstream, collaboration, privacy, payment, reputation, and compliance will all be redefined.
The Agent Economy has begun, and the window of opportunity is opening. Future organizations will no longer be composed solely of humans. As more EVEs emerge across enterprises and agent-to-agent collaboration becomes standard, the operational logic of the entire internet will be rewritten.
It’s time to act. We invite you to experience Debot and join the revolution of the intelligent agent economy. Whether you are a developer building your own AI assistant or a decision-maker deploying intelligent agents for your enterprise, Debot provides the tools and support you need.
Visit the Debot GitHub to get started or join our community to drive the Agent Economy forward with developers worldwide. Make your move before the wave of the agent economy passes. Don’t just watch - act now and help define the next-generation internet.
