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Newdex is committed to leveraging the composability of DeFi to aggregate the depth of DEX across multiple chains.
Since Uniswap launched its fee switch, its market share has increased by nearly 10%
DeFi analyst Jordi in Cryptoland posted on X stating that historical data shows Uniswap's activation of the Fee Switch did not weaken its competitiveness—its market share not only held steady but even increased. Before the fee switch was turned on, Uniswap accounted for 21% of total DEX trading volume; immediately after the switch was flipped, its share remained essentially flat; now, with the onboarding of the Robinhood channel, its share has risen to 31%.Today, Uniswap's value capture capability is also stronger. Protocol monthly revenue started from zero and has now stabilized at around $7.2 million. Compared to its multi-billion-dollar valuation, this figure is not particularly impressive (the P/E ratio remains above 40x), but with market share increasing by 10 percentage points while monthly revenue jumped from zero to $7.2 million, this is absolutely a massive milestone.
The RWA market on perpetual DEXs has surpassed 1,000, with US stock-like assets accounting for approximately 75%.
According to CryptoRank data, the number of real-world assets (RWA) markets offered by decentralized exchanges providing perpetual contracts has reached 1,000, marking the further expansion of on-chain derivatives from crypto-native assets to traditional financial assets. Publicly traded stocks remain dominant, accounting for approximately 75% of all RWA markets, indicating that tokenized stocks are becoming a key entry point for traditional financial assets to access perpetual contract trading.
Standard Chartered: RWA Tokenization Could Reach $4 Trillion, LINK May Rise to $200 by End of 2030
Odaily News: Standard Chartered Bank's Head of Global Digital Assets Research, Geoff Kendrick, stated that as the tokenization of Real World Assets (RWA) accelerates, the price of Chainlink (LINK) tokens could rise to $200 by the end of 2030, representing an increase of over 25 times from its current level of approximately $8.In his latest report, Kendrick predicts that the scale of tokenized RWA will reach $4 trillion by the end of 2028. As more traditional assets are brought on-chain, the demand for secure and reliable off-chain data is expected to increase significantly, which could further boost Chainlink's fee revenue and drive up LINK's valuation.The report also projects that by the end of 2030, the scale of tokenized assets and crypto-native assets deployed in decentralized finance (DeFi) will grow approximately 37-fold to reach $2.7 trillion. Kendrick believes these assets require trusted data, cross-network interoperability, privacy-preserving compliance mechanisms, and integration with the existing financial system—infrastructure that Chainlink currently has the capability to provide.Demand for RWA tokenization has continued to grow recently. Data shows that trading volume of tokenized RWAs on decentralized exchanges (DEXs) hit an all-time high of $14.1 billion in July, up 19.5% month-over-month, driven primarily by public market assets such as tokenized stocks.Currently, Chainlink remains one of the largest decentralized oracle service providers in the crypto industry, with a Total Value Secured (TVS) of approximately $34.4 billion—significantly higher than second-ranked Chronicle's $7.36 billion.However, Kendrick also noted that the prediction of LINK reaching $200 still faces risks, including institutional tokenization projects progressing slower than expected, intensified competition from specialized oracle service providers, and potential technical issues. (Cointelegraph)
Zapper will fully shut down on August 3rd, with its website, mobile app, and API services going offline
Seb Audet, CEO of DeFi portfolio tracker Zapper, announced that after nearly seven years of operation, the company has decided to fully shut down. All functions, including the website, mobile app, and API services, will officially go offline on August 3rd. Founded in 2019, Zapper was a mainstream portfolio tracking tool in the DeFi space, with features encompassing liquidity pool monitoring, yield farming tracking, DEX aggregation, and NFT support. At its peak, the project had 2 million monthly active users and processed over $13 billion in transaction volume. Zapper previously raised a $15 million Series A funding round led by Framework Ventures, with participation from investors including Mark Cuban. Seb Audet stated that after evaluating various options, the company believes an orderly shutdown is the best course of action at this time.
AI Economy Infrastructure Astarter Announces Strategic Support from Vega Ventures, UZ Capital, and Other Institutions
: According to official sources, Astarter, an autonomous AI Economy infrastructure on the BNB Chain ecosystem, has announced strategic support from institutions including Vega Ventures, UZ Capital, Go2Mars, and BitBT Ventures, further strengthening its AI ecosystem layout. Astarter had previously received lead investment from EMURGO, along with strategic support from other institutions such as MH Ventures, Avstar Capital, 316VC, CRT Labs, and Megala Ventures.It is reported that Astarter aims to build a full-stack infrastructure on the BNB Chain for AI agents, providing on-chain AI agents with dedicated computing power, runtime execution, on-chain settlement, and identity capabilities. Its products encompass the AI computing power node ABox, a decentralized exchange (DEX), a Launchpad, and the CORE agent layer, with the native token being AST. The Astarter mainnet and TGE are planned for launch in the third quarter of 2026. This strategic partnership is expected to further advance Astarter's development in computing power networks, products, and ecosystem.
Blockchain data infrastructure company Cambrian raises $6 million in seed funding, co-led by Franklin Templeton and Polychain
Odaily reports: Blockchain data infrastructure startup Cambrian has secured $6 million in seed funding, co-led by Franklin Templeton and Polychain Capital, with participation from Flow Traders, Selini Capital, Paper Ventures, Nomad Capital, and others.As previously reported by Odaily, Cambrian also received a $5.9 million pre-seed investment led by the a16z Crypto Startup Accelerator, bringing its total funding to $11.9 million.Founded in 2024, Cambrian currently offers APIs for institutions and AI agents, providing real-time and historical on-chain data covering yield, risk, lending rates, trading activity, liquidity positions, and market sentiment, helping users allocate capital on-chain. The company plans to expand its existing APIs into a verifiable blockchain data oracle network, serving institutional financial clients, AI agent builders, and protocols that require reliable data to control capital flows. Unlike traditional oracles that primarily provide price data, Cambrian aims to aggregate data from lending protocols, DEX liquidity, social sentiment, developer activity, and historical market data.According to Cambrian, its platform has processed millions of API calls, currently indexes approximately $4.5 billion in TVL across four major lending protocols, tracks 1,789 vaults managed by 895 curators, and monitors over 320,000 DEX liquidity pools on Base and Solana. The company also plans to expand trading data support by integrating Hyperliquid and richer perpetual contract data.
NES holdings inflated to $50 million, Cosmos EVM exploit attacker actually profited about $60,000
According to Odaily, an investigation into the security vulnerability exploit of the Cosmos EVM module reveals that the primary attacker (0x9AE7) purchased $250,000 worth of NES and bridged it to Nesa Chain, exploiting a balance vulnerability to inflate holdings to 200 times their original size, then bridged approximately $50 million worth of NES back to Ethereum. The attacker's initial funding for the wallet originated from Monero. Through multiple wallets, the attacker exchanged NES for ETH on DEXs and deposited the proceeds into centralized exchanges. Due to rapid liquidity withdrawal, most exchanges suffered extreme slippage, and the attacker ultimately sold for only $315,000, netting a profit of approximately $60,000 after deducting costs.
Analyst: Kraken May Become One of the First Centralized Exchanges to Test Hyperliquid's HIP-3 Compliant Deployment
Odaily News, Blockworks analyst Shaunda Devens stated on the X platform that Kraken may be testing Hyperliquid's HIP-3 (Builder-Deployed Perpetuals) new compliant deployment feature, potentially becoming one of the first centralized exchanges to explore this mechanism. BlockworksData shows that a deployer named "Kraken HIP-3 test DEX" has enabled permission management functionality (Star gating) on the Hyperliquid testnet and went live for testing on August 19. Currently, this test DEX has completed whitelist settings for 10 wallets, tested 3 of the 5 compliance control features, and registered a "Kraken Exchange Validator."Shaunda Devens noted that Hyperliquid has been continuously adding testnet features to support regulatory-compliant HIP-3 deployments, including whitelist management, canceling user orders, closing positions via reduce-only orders, and moving collateral. These capabilities are similar to the risk control mechanisms required by traditional financial institutions' compliant trading platforms.Although this is still in the testing phase, and any user could deploy a test DEX with a similar name, making it impossible to confirm it definitively belongs to Kraken, combined with Hyperliquid's recent expansion of xStocks functionality and Kraken's parent company Payward's involvement in related business initiatives, analysts believe Kraken may be testing HyperCore's new infrastructure targeting institutional and compliant markets.HIP-3 is a third-party deployed perpetual contract market framework introduced by Hyperliquid, allowing eligible developers to create independent perpetual trading markets on HyperCore's order book infrastructure. It is considered a key upgrade direction for Hyperliquid to expand into traditional assets and institutional trading scenarios. If large compliant exchanges like Kraken enter the HIP-3 ecosystem, it could further drive the integration of on-chain derivatives markets with traditional financial trading systems.
CZ: If Hyperliquid can enter the U.S. in a compliant manner, it will open the market for more perpetual contract DEXs
Odaily News: CZ commented on the possibility that the Trump administration may push Hyperliquid to enter the U.S. market in a "fully compliant and lawful manner," stating that the significance of this development extends beyond Hyperliquid itself.CZ noted that in the future, a large number of perpetual contract DEXs and other decentralized services could become available to U.S. users, adding, "This would be a tremendous positive for all participants across the industry."
Nansen: Q2 Starknet daily average transaction volume ~239,000, with STRK20 and strkBTC driving ecosystem upgrades
Odaily News: Blockchain data analytics platform Nansen released its "Starknet H1 2026 Report," stating that in the first half of 2026, Starknet completed its strategic transformation from a high-performance Layer 2 network to a "privacy-preserving execution layer." The launch of the STRK20 privacy framework and the Bitcoin asset strkBTC became the ecosystem's most significant upgrades.The report notes that as an Ethereum-based ZK-Rollup network, Starknet generates STARK proofs off-chain and verifies them on-chain, achieving high throughput and low transaction costs. Its smart contracts use the Cairo language, specifically designed for verifiable computation, and support native account abstraction functionality.In the first half of this year, Starknet launched the v0.14.2 upgrade, introducing the SNIP-36 protocol to lay the technical foundation for private transactions. This upgrade allows the network to directly verify off-chain execution proofs, enabling confidential state transitions without exposing account balances or counterparty information. Additionally, SNIP-37 adjusted the network's economic model, increasing storage costs while lowering base gas fees to optimize incentives for long-term state growth.In terms of privacy applications, Starknet launched the STRK20 privacy framework, which allows users to convert any ERC-20 asset into encrypted balances and conduct private transfers, trades, and DeFi interactions. The system is built on zero-knowledge proof technology and implements compliant auditing through an encrypted viewing key mechanism, protecting user privacy while supporting targeted information disclosure in regulatory scenarios.On-chain data shows that in Q2 2026, Starknet recorded an average daily transaction volume of approximately 239,000 and an average of about 50,000 daily active addresses. During the period, a total of 22.5 million transactions were completed, involving approximately 71,000 users. Among these, DEX aggregator AVNU contributed roughly 14 million transactions, accounting for 62.2% of total volume; gaming infrastructure Cartridge contributed 6.57 million transactions, with the two combined accounting for approximately 91% of transaction activity.
Standard Chartered: RWA Tokenization Could Reach $4 Trillion, LINK May Rise to $200 by End of 2030
Odaily News: Standard Chartered Bank's Head of Global Digital Assets Research, Geoff Kendrick, stated that as the tokenization of Real World Assets (RWA) accelerates, the price of Chainlink (LINK) tokens could rise to $200 by the end of 2030, representing an increase of over 25 times from its current level of approximately $8.In his latest report, Kendrick predicts that the scale of tokenized RWA will reach $4 trillion by the end of 2028. As more traditional assets are brought on-chain, the demand for secure and reliable off-chain data is expected to increase significantly, which could further boost Chainlink's fee revenue and drive up LINK's valuation.The report also projects that by the end of 2030, the scale of tokenized assets and crypto-native assets deployed in decentralized finance (DeFi) will grow approximately 37-fold to reach $2.7 trillion. Kendrick believes these assets require trusted data, cross-network interoperability, privacy-preserving compliance mechanisms, and integration with the existing financial system—infrastructure that Chainlink currently has the capability to provide.Demand for RWA tokenization has continued to grow recently. Data shows that trading volume of tokenized RWAs on decentralized exchanges (DEXs) hit an all-time high of $14.1 billion in July, up 19.5% month-over-month, driven primarily by public market assets such as tokenized stocks.Currently, Chainlink remains one of the largest decentralized oracle service providers in the crypto industry, with a Total Value Secured (TVS) of approximately $34.4 billion—significantly higher than second-ranked Chronicle's $7.36 billion.However, Kendrick also noted that the prediction of LINK reaching $200 still faces risks, including institutional tokenization projects progressing slower than expected, intensified competition from specialized oracle service providers, and potential technical issues. (Cointelegraph)
Ostium Confirms Anomaly in OLP Vault, Halts All Trading
perpetual contract DEX Ostium has confirmed an anomaly in its OLP vault. The platform has paused all trading, and the team is currently investigating the issue.
Since Uniswap launched its fee switch, its market share has increased by nearly 10%
DeFi analyst Jordi in Cryptoland posted on X stating that historical data shows Uniswap's activation of the Fee Switch did not weaken its competitiveness—its market share not only held steady but even increased. Before the fee switch was turned on, Uniswap accounted for 21% of total DEX trading volume; immediately after the switch was flipped, its share remained essentially flat; now, with the onboarding of the Robinhood channel, its share has risen to 31%.Today, Uniswap's value capture capability is also stronger. Protocol monthly revenue started from zero and has now stabilized at around $7.2 million. Compared to its multi-billion-dollar valuation, this figure is not particularly impressive (the P/E ratio remains above 40x), but with market share increasing by 10 percentage points while monthly revenue jumped from zero to $7.2 million, this is absolutely a massive milestone.
An address associated with early Ethereum contributor billΞ.eth withdrew 500,000 LIT, worth $2.07 million
Odaily News: According to on-chain analyst Ai Yi, an address (0xC31...23fb) associated with early Ethereum contributor billΞ.eth withdrew 500,000 LIT from the Lighter protocol 2 hours ago, worth $2.07 million. Lighter is the Perp DEX built into Robinhood Wallet, and its trading volume has increased recently, with LIT up over 97% in the past month.
PopDEX surpasses $1.7 billion in trading volume during its testing phase, with LP pool size reaching $61 million, while continuously distributing real cash rewards.
Perp DEX PopDEX, built for real traders, has recorded over $1.7B+ in trading volume and an LP pool size of approximately $61 million during its Closed Beta phase. Meanwhile, the platform has completed three rounds of cash reward distributions covering traders, feedback contributors, and community builders; in the latest round, single-address rewards reached up to 3,300 USDT. As the hype surrounding Robinhood Chain and BNB Chain memes continues to grow, PopDEX has launched popular meme perps including PONS, CASHCAT, and MARSCOIN, and initiated the Meme Gang War trading competition to provide traders with additional reward pool opportunities beyond standard incentives.
Analyst: TradeXYZ has deployed HIP-4 DEX on Hyperliquid
According to on-chain analyst Mlm onchain, TradeXYZ has completed the HIP-4 DEX deployment on Hyperliquid. On-chain transaction records show that the deployment was completed at 21:15 Beijing Time on September 5.
Uniswap Founder Hayden: Correlated Trading Pairs Will Drive AMMs into Global Financial Markets
Odaily News Uniswap founder Hayden said on X that correlated trading pairs are emerging. The top five tokenized SPY trading pairs by volume are "bridge" pairs connecting other common base pairs, which then primarily link to highly correlated tokenized stocks. These markets are global, programmable, low-cost, and operate 24/7.Uniswap founder Hayden said on X:.I've been working at the frontier of DeFi for 9 years. It's a fascinating field with infinite depth and the potential to transform capital markets.I've always believed AMMs hold immense potential, but for the past decade, one question has persisted: Can this novel market structure truly become the core engine for all financial markets?After years of evolution and development, the path for AMMs to achieve global dominance is becoming increasingly clear. To explain this, we need to start in 1976.Tokenization Changes Market Makers.Index funds celebrated their 50th anniversary this month. When Jack Bogle launched the index fund in 1976, he hoped to raise $150 million but ultimately raised only $11.3 million. Competitors called it "Bogle's Folly," posting posters claiming index funds were un-American. They argued that a fund making no decisions couldn't possibly beat professionals paid to make decisions. Today, the majority of US fund assets are allocated to passive investment vehicles.I've been thinking about this recently because tokenization's "folly moment" is ending. The SEC has approved NASDAQ and the NYSE to trade tokenized stocks. DTCC, which handles virtually all US securities settlement, also conducted a live pilot of tokenized trades in July. Nearly all related activity is described the same way: treating tokenization as an infrastructure upgrade.The same markets, faster, cheaper, and always open. These statements are all true, but I believe the infrastructure upgrade framework obscures a larger change. Tokenization makes markets programmable, changing how markets exist, who makes markets, and what is traded.In 2018, I created Uniswap, an automated market maker protocol. Anyone can deposit two assets into a shared liquidity pool and earn fees from every trade, while prices adjust along a curve as users buy and sell. Uniswap has operated autonomously since its launch, processing over $4.6 trillion in cumulative volume and increasing DEX spot volume share from under 1% to over 20%.As AMMs like Uniswap continue to evolve, their liquidity has formed a pattern most financial markets haven't noticed yet: correlated trading pairs.The Easiest Place to Find Success.To succeed everywhere, you must first succeed somewhere. AMMs found product-market fit in long-tail markets because most assets previously couldn't attract professional market makers' attention. On Uniswap, anyone can create a market with a single transaction, and issuers and early supporters can become the first liquidity providers.Then came stablecoin pairs. Take USDC/USDT, for example. A good passive strategy can approach optimal l
Market cap exceeds $500 million; a trader goes long on 447,100 PONS with 4x leverage and earns $8,600 in profit
Odaily News: According to Lookonchain monitoring, PONS market cap has surpassed $500 million. A trader (0xe3b...aB62) deposited $54,000 into Aster DEX 6 hours ago, then opened a long position on 447,100 PONS with 4x leverage, bringing the position value to $226,000. The unrealized profit currently stands at $8,600, representing a return rate of 15%.
ZKsync Announces EraVM Security Upgrade, Phasing Out Legacy Execution Environment Over the Next 6 Months
According to the official ZKsync X account (@zksync), ZKsync has announced a security upgrade for its EraVM chain. Core measures include introducing an instant upgrade framework, extending the proving delay from 3 hours to 24 hours, and deploying a second prover, EraBender, to defend against AI-driven vulnerability attacks. Over the next six months, all Boojum/EraVM chains will gradually phase out the legacy execution environment, with each chain formulating and publishing its own transition schedule. Users who hold funds directly in EOAs do not need to take any action at this time. Users who hold funds through smart contracts such as multisigs, smart accounts, DEXs, and lending protocols must take action as required once the transition plans for their respective chains are finalized. The ZKsync Atlas chain remains unaffected by this upgrade.
COLDCARD Wave 3 attacker moves stolen funds for the first time, swapping to ETH via THORChain
Odaily News: According to monitoring by Galaxy's Head of Research, the COLDCARD Wave 3 attacker has moved stolen funds for the first time, exchanging them for ETH via the THORChain cross-chain DEX. This marks the first on-chain transfer of funds from the original hacker address across Waves 1, 2, or 3.
Cumulative losses exceed $3.63 billion, with nearly 60% of attacks on crypto platforms involving completed security audits
Odaily News: Between January 2025 and July 2026, a total of 245 security incidents were recorded. The top ten attack events accounted for over 72.5% of stolen funds. Supply chain and infrastructure vulnerabilities remain the primary security risks facing both CEXs and DEXs, with related losses exceeding $1.8 billion. Private key leakage is the most common risk for CEXs, while DApps lost approximately $546 million due to smart contract vulnerabilities. Among the 147 incidents involving platforms that had completed independent security audits, stolen funds accounted for 88.44% of total losses. Most attacks fell outside the scope of traditional audit coverage, with common causes including external infrastructure, unaudited code updates, and governance attacks. Only about 11% of incidents involved smart contract defects within audit scope.
NES holdings inflated to $50 million, Cosmos EVM exploit attacker actually profited about $60,000
According to Odaily, an investigation into the security vulnerability exploit of the Cosmos EVM module reveals that the primary attacker (0x9AE7) purchased $250,000 worth of NES and bridged it to Nesa Chain, exploiting a balance vulnerability to inflate holdings to 200 times their original size, then bridged approximately $50 million worth of NES back to Ethereum. The attacker's initial funding for the wallet originated from Monero. Through multiple wallets, the attacker exchanged NES for ETH on DEXs and deposited the proceeds into centralized exchanges. Due to rapid liquidity withdrawal, most exchanges suffered extreme slippage, and the attacker ultimately sold for only $315,000, netting a profit of approximately $60,000 after deducting costs.
Wanchain 遭黑客攻击 NIGHT 代币被盗，要求归还 90% 并承诺白帽豁免
据 Wanchain 官方 X 账号发文，2026 年 7 月 20 日，Wanchain Bridge Cardano 跨链桥遭到攻击，黑客盗取 NIGHT 代币。Wanchain 随即向攻击者发出公告，要求其在 8 月 6 日 UTC 12:00 前归还 90% 被盗 NIGHT 代币，可保留 10% 作为白帽赏金，并承诺不追究民事责任。 目前，有社区用户指出黑客已将 NIGHT 代币在 DEX 上完成兑换，NIGHT 代币价格下跌逾 30%，现报 0.0188 美元。
OKX Jointly Releases H1 2026 Web3 Security and Risk Control Report with Elliptic, SlowMist, and OttoSec
according to official sources, OKX, in collaboration with Elliptic, SlowMist, and OttoSec, has released the "H1 2026 Web3 Security and Risk Control Report." The report indicates that the focus of Web3 attacks is shifting from smart contract code to more complex scenarios such as signature processes, user devices, operational infrastructure, and AI Agents.Data shows that in the first half of 2026, OKX's risk control system intercepted over 5.7 million high-risk transactions, including approximately 2.41 million related to hacking and theft, about 1.48 million phishing-related transactions, and roughly 990,000 fraud-related transactions. OKX Web3's on-chain intelligence label library now boasts over 1.1 billion labels, covering more than 420 chains. It has also integrated capabilities such as address screening, transaction monitoring, and sanctioned address control into infrastructure like DEX and Exchange OS.Furthermore, in terms of user protection, OKX has intercepted over 7 million risky website visits, completed more than 200,000 device risk detections, identified over 60,000 high-risk Apps, and blocked or alerted on over 4 million high-risk signature operations. The report also introduces the "proactive risk control" design in scenarios such as Exchange OS, Outcomes, RWA, and Agentic Wallet.
Since Uniswap launched its fee switch, its market share has increased by nearly 10%
DeFi analyst Jordi in Cryptoland posted on X stating that historical data shows Uniswap's activation of the Fee Switch did not weaken its competitiveness—its market share not only held steady but even increased. Before the fee switch was turned on, Uniswap accounted for 21% of total DEX trading volume; immediately after the switch was flipped, its share remained essentially flat; now, with the onboarding of the Robinhood channel, its share has risen to 31%.Today, Uniswap's value capture capability is also stronger. Protocol monthly revenue started from zero and has now stabilized at around $7.2 million. Compared to its multi-billion-dollar valuation, this figure is not particularly impressive (the P/E ratio remains above 40x), but with market share increasing by 10 percentage points while monthly revenue jumped from zero to $7.2 million, this is absolutely a massive milestone.
Robinhood Crypto Lead: Robinhood's on-chain DEX volume nears $50 billion, stock token asset TVL exceeds $170 million
Odaily News: Johann Kerbrat, Head of Crypto at Robinhood, posted on X platform that all Robinhood stock tokens are 1:1 backed by securely custodied real shares, and corresponding real shares of the company are purchased simultaneously when tokens are minted. Stock tokens provide economic rights equivalent to dividends and corporate action returns, with related returns reinvested into holdings.Johann Kerbrat stated that physical redemption and voting rights are not yet available, and Robinhood is working to enable 1:1 share redemption and voting functionality for eligible stock token holders. These tokens are composable, allowing developers to build new products on top of them.Additionally, he emphasized that stock tokens are not available to U.S. users and are also restricted in other jurisdictions such as Canada, the United Kingdom, and Switzerland.
Binance Alpha Upgrades DYOR Research Tool
according to an official announcement, Binance has upgraded DYOR, the dedicated research tool for Binance Alpha tokens. New research features include top 10 holders, DEX liquidity, CEX wallet consolidation, project fundamentals, as well as Binance open interest and funding rates. Users can access it by clicking the [DYOR] tab on the spot trading page of the Binance App.
Bernstein: Robinhood Chain Generates $33M in Fees Over 15 Days, Price Target Up 31%
According to Chaoshan Research, Bernstein’s September 8, 2026 research report indicates that Robinhood Chain has rapidly become a revenue engine since its launch on July 1, generating approximately $33 million in fees over the past 15 days. This ranks it first among all blockchains, significantly ahead of Solana (approximately $11 million) and BNB Chain (approximately $9 million). Daily transaction fees on the chain range from $2 million to $4 million, with Robinhood retaining approximately 90% of the revenue. Bernstein maintains an "Outperform" rating with a price target of $160, implying approximately 31% upside potential from the current stock price. On the on-chain data front, Total Value Locked stands at approximately $1.5 billion, while cumulative DEX trading volume exceeds $50 billion. The value of tokenized stocks has risen from approximately $10 million to $140 million; stablecoin supply has reached approximately $1 billion, marking a sharp increase from $241 million in early July. Bernstein projects that annual on-chain fee revenue could reach $160 million by 2028.
PopDEX surpasses $1.7 billion in trading volume during its testing phase, with LP pool size reaching $61 million, while continuously distributing real cash rewards.
Perp DEX PopDEX, built for real traders, has recorded over $1.7B+ in trading volume and an LP pool size of approximately $61 million during its Closed Beta phase. Meanwhile, the platform has completed three rounds of cash reward distributions covering traders, feedback contributors, and community builders; in the latest round, single-address rewards reached up to 3,300 USDT. As the hype surrounding Robinhood Chain and BNB Chain memes continues to grow, PopDEX has launched popular meme perps including PONS, CASHCAT, and MARSCOIN, and initiated the Meme Gang War trading competition to provide traders with additional reward pool opportunities beyond standard incentives.
USDD Releases August 2026 Monthly Transparency Report: Circulation Reaches 1.53 Billion, Smart Allocator Monthly Yield Up 13.6% QoQ
Odaily News - Recently, the decentralized stablecoin USDD released its August 2026 monthly transparency report. The report shows that as of August 31, USDD's circulation stood at approximately 1.53 billion tokens, with reserve assets reaching $2.26 billion and a collateralization ratio of 147.96%. The overall operation remains stable, the ecosystem continues to expand, and utility is steadily increasing.It is reported that during August, USDD Vault was officially expanded to the Ethereum ecosystem, allowing users to mint USDD using ETH and WBTC as collateral assets. The GasFree transfer feature added support for USDD, enabling zero-gas transfers on the TRON network. Additionally, deepened collaborations with platforms such as Binance Wallet, Gate DEX, and Pendle have further enriched yield-generating scenarios. Smart Allocator's cumulative earnings reached $26.738 million, with monthly new earnings of $3.015 million, representing a 13.6% quarter-over-quarter increase.The report comprehensively discloses USDD's reserve structure, yield operations, treasury health, and ecosystem progress, continuously reinforcing its over-collateralization and fully on-chain transparency mechanisms. According to officials, the project will continue its growth momentum, further expanding the ecosystem, enhancing utility, and deepening integrations with mainstream DeFi protocols to create more opportunities for users to participate in the ecosystem.
Related news
Uniswap Founder: Claiming Robinhood Chain Is "Dead" Based Solely on Revenue Charts Is Rather Absurd
In response to community rumors regarding Robinhood Chain's "death," Uniswap founder Hayden Adams responded by posting that it is rather absurd to claim the chain is "dead" based solely on fee revenue charts. In reality, Robinhood merely increased the gas limit and lowered user fees to expand on-chain capacity and satisfy the massive demand for block space. Approximately 95% of the DEX trading volume on Robinhood Chain originates from Uniswap, and the network is performing well overall. Dragonfly Managing Partner Haseeb has also previously noted that while on-chain revenue dropped noticeably following the fee cut on Robinhood Chain, DEX trading volume remains robust, currently ranking second only to Solana. This strategy is clearly deliberate; Robinhood prioritizes attracting RWA and on-chain financial activity through lower fees and greater capacity over maximizing short-term sequencer revenue.
Since Uniswap launched its fee switch, its market share has increased by nearly 10%
DeFi analyst Jordi in Cryptoland posted on X stating that historical data shows Uniswap's activation of the Fee Switch did not weaken its competitiveness—its market share not only held steady but even increased. Before the fee switch was turned on, Uniswap accounted for 21% of total DEX trading volume; immediately after the switch was flipped, its share remained essentially flat; now, with the onboarding of the Robinhood channel, its share has risen to 31%.Today, Uniswap's value capture capability is also stronger. Protocol monthly revenue started from zero and has now stabilized at around $7.2 million. Compared to its multi-billion-dollar valuation, this figure is not particularly impressive (the P/E ratio remains above 40x), but with market share increasing by 10 percentage points while monthly revenue jumped from zero to $7.2 million, this is absolutely a massive milestone.
Robinhood Crypto Lead: Robinhood's on-chain DEX volume nears $50 billion, stock token asset TVL exceeds $170 million
Odaily News: Johann Kerbrat, Head of Crypto at Robinhood, posted on X platform that all Robinhood stock tokens are 1:1 backed by securely custodied real shares, and corresponding real shares of the company are purchased simultaneously when tokens are minted. Stock tokens provide economic rights equivalent to dividends and corporate action returns, with related returns reinvested into holdings.Johann Kerbrat stated that physical redemption and voting rights are not yet available, and Robinhood is working to enable 1:1 share redemption and voting functionality for eligible stock token holders. These tokens are composable, allowing developers to build new products on top of them.Additionally, he emphasized that stock tokens are not available to U.S. users and are also restricted in other jurisdictions such as Canada, the United Kingdom, and Switzerland.
Dragonfly Partner Bullish on Robinhood Ecosystem: Low Gas Fees Help Expand Onchain Economic Scale
Dragonfly partner Haseeb Qureshi posted on X that after Robinhood raised the Gas Limit on Robinhood Chain and lowered user fees, onchain revenue dropped noticeably, but DEX trading volume has remained strong and is now second only to Solana.Haseeb believes this adjustment is not a mistake, but a deliberate strategy by Robinhood. Rather than optimizing for short-term sequencing revenue, Robinhood places greater emphasis on expanding onchain capacity, bringing more tokenized assets onchain, and increasing the scale of economic activity on the blockchain. To achieve this, it must expand network capacity while keeping transaction fees low.
0x: Over half of analyzed Uniswap v4 Hooks exhibit malicious behavior, with some trades delivering up to 50% less than quoted
Odaily News: DEX aggregator 0x has stated that the number of malicious Uniswap v4 Hooks has increased significantly recently. Some Hooks offer attractive prices during the quote phase but alter the execution price at settlement, thereby stealing funds from users through aggregators, wallets, and trading applications.0x stated that after analyzing 84,163 Hooks across 6 chains, it found that as of September 11, only 19.4% were deemed safe, 54.2% were deemed malicious, and another 26.4% were likely malicious. For some trades routed through malicious v4 Hooks, users received up to 50% less in assets than the quoted amount at actual execution.0x stated that since the beginning of this year, it has routed 81.92 million transactions with a trading volume of $42.67 billion, approximately 70% of which involved Uniswap liquidity. Currently, 0x has implemented measures such as detection and liquidity pool screening to prevent related malicious liquidity pools from entering trade routing.
An address associated with early Ethereum contributor billΞ.eth withdrew 500,000 LIT, worth $2.07 million
Odaily News: According to on-chain analyst Ai Yi, an address (0xC31...23fb) associated with early Ethereum contributor billΞ.eth withdrew 500,000 LIT from the Lighter protocol 2 hours ago, worth $2.07 million. Lighter is the Perp DEX built into Robinhood Wallet, and its trading volume has increased recently, with LIT up over 97% in the past month.