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Odaily reports, according to official sources, Gate Alpha is launching a Robinhood Chain trading contest from 17:00 on July 17 to 16:00 on July 22 (UTC+8). After users click "Join Now" to complete registration, trading any token assets on the Robinhood Chain will qualify them to share in a $30,000 USDT airdrop reward. Sprint Trading Award: During the event, users with a cumulative trading volume on the Gate Alpha platform for Robinhood Chain assets (including both buys and sells) of ≥ $1,000 will proportionally share the $30,000 USDT airdrop reward based on their trading amount. Please visit the Gate Alpha zone, search for the Robinhood Chain token contract address, and participate in trading.Gate Alpha now supports popular public chains including SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain, and enables seamless cross-chain token trading through contract address search functionality, breaking down cross-chain trading barriers to provide one-click access to all on-chain tokens.
Odaily Odaily News According to MAX monitoring, on July 16, the Cascade CLS treasury suspectedly experienced a security vulnerability, resulting in approximately $1.3 million in user fund losses. The platform has suspended all trading and withdrawals and has invited SEAL 911 and other third-party security teams to investigate and handle the incident. Cascade is a 24/7 multi-asset perpetual contract platform headquartered in New York, targeting the US market. It supports deposits via Arbitrum USDC or bank accounts and is currently still in an invitation-only private testing phase.
Ostium, a decentralized perpetual exchange, suffered an oracle attack on Wednesday, resulting in losses of approximately 18 million USDC. The attacker submitted false price reports for future dates using compromised oracle signing keys, generating fictitious trading profits and receiving payouts from the Ostium liquidity vault. Ostium stated that it has identified the issue with the OLP vault, has suspended all trading, and the team is currently investigating. Deployed on Arbitrum, Ostium offers perpetual futures trading for real-world assets including stocks, commodities, forex markets, and indices. At the time of the attack, the total value locked (TVL) in the Ostium protocol was approximately $63 million. The attack drained nearly one-third of this liquidity. In the first five months of 2026, DeFi protocols have lost over $840 million to exploits, including $292 million from KelpDAO and $285 million from Drift Protocol.
Aave has announced the selection of Chainlink CCIP as its cross-chain infrastructure standard. CCIP is currently handling cross-chain GHO transfers and multi-chain governance execution through Aave's delivery infrastructure, a.DI. Going forward, it will also support the cross-chain logic of the Aave App via Stable Vaults, covering scenarios such as vault rebalancing, yield optimization, deposits, and transfers. These cross-chain operations will occur between Ethereum, Base, and Arbitrum.
according to an official announcement, Coinbase will discontinue cbETH deposit and withdrawal support on the Arbitrum, Optimism, and Polygon networks on August 17, 2026. cbETH will remain fully available on the Ethereum and Base networks.
Lorenzo Valente, Director of Crypto Research at Ark, stated on X that Robinhood Chain is the clearest case study for examining the evolution of the ETH economic model over time.Since its inception, Robinhood Chain has generated a total of approximately $816,000 in revenue; Arbitrum, serving as the middleware provider, took a 10% cut, amounting to about $80,000; Arbitrum then paid settlement fees to the Ethereum mainnet, totaling approximately $1,538. A rough breakdown of the profit distribution in this model is as follows — Robinhood 89%; Arbitrum 10%; Ethereum 0.15%.If your thesis is "ETH is money," then Robinhood building an L2 within the Ethereum ecosystem is a major positive. However, if your thesis is "ETH is a revenue-generating asset," then this is an extremely bearish case.
According to Odaily, within a week of its launch, Robinhood Chain has processed over 17 million transactions, reached nearly 350,000 addresses, has a protocol TVL of approximately $250 million, and a DEX trading volume exceeding $1 billion. This Arbitrum-powered blockchain recorded a trading volume of $568 million on Wednesday and over $350 million on Thursday, with more than 5.2 million transactions in 24 hours and 213,000 active addresses.Data from DefiLlama shows that Robinhood Chain's 24-hour DEX trading volume is approximately $433 million, ranking fifth among all blockchains and surpassing Hyperliquid. Its TVL has risen to around $94 million within a week, with a stablecoin balance exceeding $260 million. The market cap of Cash Cat has surpassed $180 million, while Robinhood-themed tokens such as Dog In Hood, Hoodrat, and Robinhood Summer have seen gains of hundreds to thousands of percentage points. ARB has risen by 20%, as Robinhood Chain operates on the Arbitrum technology stack and returns 10% of its net protocol revenue to the Arbitrum ecosystem (Decrypt).
, Offchain Labs co-founder Steven Goldfeder stated that 10% of the fees generated by Robinhood Chain and other Arbitrum L2 networks will flow to the Arbitrum ecosystem, with 8% entering a treasury controlled by token holders and 2% allocated for development funding.According to the introduction, Robinhood Chain is now live on the Robinhood wallet and supports connections to Solana, Ethereum, and Arbitrum networks. Previously, Arbitrum One contributed 100% of its fee revenue to the treasury.This mechanism means the ARB token holder treasury will gain a continuous source of revenue, which could be used in the future for ecosystem grants, buybacks, or staking rewards, among other uses. If transaction volume on Robinhood Chain continues to grow, the market believes it could further enhance the revenue-generating capacity of the Arbitrum ecosystem.
Offchain Labs co-founder Steven Goldfeder stated that as enterprise adoption trends gain momentum, Arbitrum is well-positioned for revenue capture. According to him, 10% of the fees collected by Robinhood Chain and other Arbitrum-based Layer 2 networks will be allocated to the Arbitrum ecosystem, with 8% going into the treasury controlled by token holders and 2% used to support development. Additionally, 100% of the fees collected by Arbitrum One go into the Arbitrum treasury.
According to Robinhood Crypto's official Twitter announcement, Robinhood Chain is now integrated into Robinhood Wallet, enabling users to bridge, swap, and explore across multiple chains such as Solana, Ethereum, and Arbitrum within the app.
Robinhood has announced the official launch of the public mainnet for its proprietary Layer 2 network, Robinhood Chain. Built on the Arbitrum technology stack, the chain is positioned as an institution-grade, permissionless, AI-native network specifically designed for Real World Assets (RWA).Robinhood Chain's launch partners include Uniswap, Pleiades, Alchemy, BitGo, and Chainlink. Among them, Uniswap will deploy a dedicated AMM on the chain as the primary public liquidity protocol, while Pleiades will deploy its own AMM as the primary proprietary trading venue. The chain will also offer basic DeFi functionalities such as lending.Eligible users can trade tokenized stocks 24/7 on Robinhood Chain. Simultaneously, Robinhood Earn will introduce USDG-based decentralized lending products within the main app. In certain jurisdictions, the new version of Robinhood Wallet will also support access to Lighter's perpetual contract trading.Robinhood also announced the expansion of its European perpetual contract product range, its official entry into the Canadian market, and the acquisition of a Singapore Capital Markets Services license. Furthermore, Agentic Accounts for crypto trading are planned to begin rolling out in the US soon, allowing AI agents to participate in trading and fund management.Robinhood stated that this update represents its most ambitious global expansion and product vision to date, with the goal of establishing a more direct connection between traditional finance and DeFi, integrating stocks, crypto, RWA, perpetual contracts, and AI trading into a unified financial experience. (The Block)
According to the mid-year crypto market report released by 21Shares, after Bitcoin peaks at approximately $126,000 in October 2025, the base target price for the end of 2026 is set at $100,000.The report shows that as of May 2026, the global crypto ETP assets under management stood at approximately $140 billion, with total holdings of 1.25 million BTC. Furthermore, prediction market trading volume reached $57.5 billion by the end of May; total value locked in DeFi remained around $140 billion; within the Ethereum Layer 2 ecosystem, Base, Arbitrum, and Optimism accounted for approximately 83% of total DeFi TVL; and the total value of tokenized assets on public blockchains reached $31 billion, including $15 billion in tokenized U.S. Treasury bonds. (The Block)
: According to official announcements, Binance will update the collateral ratios and tiered collateral ratios for Portfolio Margin and Portfolio Margin Pro at 14:00 (East Eight Time Zone) on June 26, 2026. This involves assets such as ADA, TRX, DOT, ARB, OP, ENA, and VIRTUAL. At the same time, Binance Futures will adjust the leverage and margin tiers for certain USDⓈ-M perpetual contracts at 14:30 (East Eight Time Zone) on June 26, 2026. The affected contracts include BICOUSDT, ANIMEUSDT, WCTUSDT, 1000SATSUSDT, ZKCUSDT, BASEDUSDT, DOODUSDT, PLAYUSDT, TNSRUSDT, SOPHUSDT, and SIGNUSDT.
Odaily报道: Satori Finance, a multi-chain decentralized exchange backed by investors including Polychain Capital and Coinbase Ventures, has announced it will cease operations and begin the closure process. The platform stated that due to "prolonged unfavorable market conditions," its revenue is insufficient to support continued operations, leading to the decision to gradually wind down. Users must withdraw their assets before 23:59 UTC on July 16, after which the platform will no longer be accessible.In 2022, Satori Finance completed a $10 million seed funding round led by Polychain Capital, with participation from Coinbase Ventures and Jump Crypto. The platform was deployed across multiple networks including Arbitrum, Optimism, and BNB Chain, and initially featured 25x leverage and an "points mining" incentive model. (The Block)
Odaily News, According to an official announcement, Binance Wallet has launched the Web3 API, a comprehensive set of API endpoints that allows developers, institutions, and advanced on-chain traders to programmatically access on-chain trading and market data through a single integration. The API supports multiple chains (including Ethereum, BNB Smart Chain, Plasma, Arbitrum, Polygon, Base, Monad, Optimism, Linea, and Solana), providing real-time market data, aggregated swap quotes, and on-chain transaction execution capabilities. Key features include: Market Data API (real-time token prices, candlestick/K-line data), Transaction API (aggregated quotes, token swaps, built-in MEV protection), Non-Custodial Architecture (no private key holding, local user signing), and Enterprise-Grade Reliability. Currently, there are zero service fees and zero positive slippage fees; all price improvements are returned to the user. This API is suitable for developers building DApps, on-chain trading bots, and AI agents.
LG Electronics has selected the Ethereum Layer 2 network Arbitrum to develop a new blockchain to support advertising and media-related scenarios. Following the news, Arbitrum's native token ARB rose more than 5% in a single day.The network will be used for the placement, purchase, sale, and management of digital advertisements, as well as recording user interactions with ad content. Developed by Offchain Labs, Arbitrum utilizes Optimistic Rollup technology, aiming to provide a faster and lower-cost transaction experience on Ethereum.This is not LG's first foray into blockchain. Previously, LG launched the enterprise-grade blockchain Monachain through its IT service subsidiary LG CNS and developed the crypto wallet Wallypto. It also launched the Art Lab NFT marketplace, although the platform was shut down last year.
According to MetaMask’s official blog, MetaMask has officially launched its first self-custodial wallet designed specifically for AI agents—MetaMask Agent Wallet—and will begin its Early Access Program on June 8, 2026. The wallet connects to AI agent frameworks via a command-line interface (CLI) and supports the full suite of DeFi functionalities—including token swaps, perpetual contracts, prediction markets, and liquidity provision—across all EVM-compatible chains (Ethereum, Arbitrum, Base, Avalanche, Optimism, Polygon, BSC, Linea, Sei) as well as Hyperliquid. On security, the wallet offers two operational modes: - Default “Guard Mode” allows users to set daily spending limits and protocol allowlists; transactions exceeding these rules require manual two-factor authentication (2FA) approval before execution. - “Beast Mode” grants advanced users greater autonomy, but malicious transaction detection and mandatory 2FA verification remain enforced. All transactions undergo transaction simulation, Blockaid threat scanning, and MEV protection. Secure transactions are backed by up to $10,000 per month in transaction protection. Users retain full control of their private keys and can export their seed phrase at any time. The full public release is expected this summer.
Mastercard is expanding its settlement network to support regulated stablecoins, planning to introduce stablecoin settlement, intraday settlement, as well as weekend and holiday settlement services to meet the demand for real-time fund movement.According to the introduction, the new settlement framework will operate in parallel with the existing fiat settlement system, providing financial institutions with more flexible liquidity management solutions. The first supported stablecoins include Circle-issued USDC, Paxos-issued PYUSD, USDG and USDP, Ripple-issued RLUSD, and SoFiUSD.The related services will cover blockchain networks such as Ethereum, Solana, Polygon, Base, Arbitrum, and XRPL. (CoinDesk)
the decentralized contract trading platform Pingu Exchange has announced its permanent closure, with the platform set to go offline on July 31, 2026. Launched on Arbitrum in January 2024, Pingu started with approximately $270,000 in seed capital, achieving a cumulative trading volume of around $2.4 billion and distributing about $650,000 in ETH and USDC to stakers. The team subsequently migrated to the Monad mainnet, but over the roughly six months following the migration, the platform's trading volume reached only about $80 million. The team has not taken salaries since February to avoid depleting the treasury.
According to The Block, the DeFi lending protocol Radiant Capital has announced it will officially cease operations. The protocol suffered a hack in October 2024, losing approximately $51 million; the attacker gained unauthorized access by deploying backdoor contracts on Arbitrum and BNB Chain. Earlier in 2024, the protocol had also been hit by a flash loan attack, resulting in a loss of roughly 1,900 ETH (approximately $4.5 million). After 18 months of recovery efforts, Radiant Capital stated that it has neither recovered a significant portion of the stolen funds nor secured new financing, declaring that “the DAO has no viable path forward.” The protocol will now enter a “maintenance mode”: its frontend and smart contracts remain accessible, allowing users to withdraw funds, repay loans, and manage positions. Any funds recovered in the future will be returned to affected users.