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Metis is a Layer 2 built on Ethereum, as well as a multi-network ecosystem powered by the revolutionary Metis SDK. Through a dual-chain architecture—Andromeda for secure, general-purpose dApps, and Hyperion for high-performance, AI-optimized execution—Metis is building the future of decentralized infrastructure. The two chains interoperate seamlessly, enabling developers to deploy scalable, efficient, and intelligent Web3 applications across DeFi, gaming, AI, and other fields.
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Aave proposes to delist over 50 low-adoption reserves, involving assets worth approximately $98.1 million.
According to The Block, Aave founder Stani Kulechov announced on July 30, 2026, that Aave proposed to delist 50 low-adoption asset reserves and 21 expired Pendle PTs, and completely shut down six small deployments: Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, involving a total of approximately $98.1 million in supplied assets and $15.6 million in outstanding debt. The proposal was drafted by risk service provider LlamaRisk and executed under Aave's new risk framework, aimed at streamlining operational overhead and reducing maintenance costs for oracle and liquidation infrastructure. Affected reserves will have new activities frozen and supply and borrow caps reduced, while reserve factors for deployments pending closure will be increased to 99% to encourage users to actively close positions.
FTX Second Batch of Class Action Settlements Total Approximately $66.17 Million, Fenwick & West Agrees to Pay
Odaily Odaily News Court documents show that Fenwick & West, a Silicon Valley law firm that served as the primary external legal counsel for the FTX US exchange before its collapse in 2022, has agreed to pay $54 million to settle allegations that it assisted Sam Bankman-Fried in committing fraud. This settlement is part of the second batch of FTX settlements, which also include audit firm Prager Metis paying $11.75 million and former NBA player Udonis Haslem paying $420,000. The total amount of the second batch of FTX class action settlements is approximately $66.17 million.