Share is a decentralized Web3 social writing platform where authors can publish books as NFTs and readers can interact with their favorite authors. Share offers authors a new way to make a living from their writing: they can convert and sell their books/articles as NFTs (Ebooks/PDFs) and sell them via a future NFT Marketplace for authors and readers, and set prices for collectible posts via the Lens protocol.
Odaily News: Digital asset trading platform Gate has released its August 2026 Transparency Report. The report shows that in August, multiple Gate business lines received recognition from institutional data providers including CoinDesk, CryptoQuant, CryptoRank, and DefiLlama. Among them, Gate's stock perpetual contract trading volume grew 308% month-over-month, maintaining triple-digit growth for three consecutive months; the RWA perpetual contract open interest (OI) market share reached 49.6%, ranking first globally among centralized trading platforms. Meanwhile, Gate's 24-hour spot and derivatives trading volume stood at approximately $9.5 billion, with open interest reaching $12.48 billion, both ranking among the global top three; 30-day net inflow reached $308.1 million, ranking second among mainstream trading platforms.In terms of traditional financial asset trading, Gate's CFD business continues to expand its asset coverage, now covering 680 trading pairs, spanning major TradFi assets including forex, metals, energy, indices, and stocks. In terms of overall TradFi product layout, Gate now covers over 1,000 TradFi assets, with stock derivatives covering more than 360 underlying assets, both ranking first globally, further enhancing its multi-asset trading matrix.As digital assets and traditional financial markets continue to converge, Gate is steadily expanding diverse trading scenarios including stocks, RWA, CFD, and derivatives. By enriching asset supply and trading tools, it is further improving its comprehensive trading infrastructure that connects digital assets with traditional financial markets.
Hamilton, Head of Client Solutions for Invesco Asia-Pacific, noted that many Chinese technology enterprises show a positive earnings trend, while valuation levels remain far lower than most global technology peers, creating a highly attractive risk-return ratio for global investors. Investors are increasingly recognizing that China is not only a user of AI technology, but also an important innovator in fields such as AI large models, cloud infrastructure, semiconductors, and intelligent manufacturing.
According to Red Star News, Moonshot AI Kimi issued a statement on August 14, stating that it has reported acts of false financing using the company's name and suspected illegal criminal activities in the market to the public security organs, and will pursue accountability to the fullest extent. The statement explicitly denied the existence of so-called "Friend Fund", "Special Channel", "Old Share Quota", "Reserved Quota", "Official Agent", or "Authorized Intermediary" during the financing process, reminded investors to be aware of risks, and advised that suspicious transactions can be reported to the company's legal department.
According to Bloomberg, OpenAI has completed an employee share buyback transaction worth approximately $7 billion. This move aims to provide liquidity exit opportunities for current and former employees and is widely regarded as a significant precursor to the company's IPO preparations. Sources familiar with the matter disclosed that the funding for this buyback came from OpenAI itself, rather than involving external investors in a tender offer. Following the transaction, OpenAI's valuation remained at $852 billion, consistent with its most recent financing round valuation.
Odaily News: Unitree Robotics officially opened IPO subscription on the STAR Market today. According to the announcement, Unitree Robotics' offering price is set at 150.80 yuan per share, with a market capitalization of approximately 60.993 billion yuan at the time of listing, and an expected total fundraising amount of 6.099 billion yuan. The online subscription code for this offering is 787836, with an expected online issuance of 6.471 million shares. The market estimates the lottery win rate at 0.02%–0.03%. It should be noted that after the subscription period concludes, the lottery results will be announced on August 12, and successful investors must complete payment on the same day. If an investor wins the lottery three times within 12 months but fails to make full payment, they will be restricted from participating in new stock and bond subscriptions for six months.Yang Chao, chief strategy analyst at China Galaxy Securities, noted that the capital threshold for participating in this IPO subscription is relatively high, and the lottery win rate is low. Share prices are likely to experience significant volatility in the early stages of the STAR Market listing. Investors should fully assess the risks associated with the high valuation and ensure timely and full payment if selected, avoiding missed payments that could trigger subscription restrictions.
According to Bitcoin.com, Strategy Inc. (NASDAQ: MSTR) Executive Chairman Michael Saylor stated that since the company established Bitcoin as its primary reserve asset in August 2020, MSTR stock has achieved an annualized return of 42%, surpassing Bitcoin itself, the "Magnificent Seven" tech stocks, and the S&P 500 Index. As of July 29, Strategy holds 843,775 BTC, with a cumulative purchase cost of approximately $63.69 billion, and an average price of approximately $75,476 per coin, currently showing an unrealized loss of approximately 17.9% compared to the cost price (approximately $11.4 billion). To address the increasingly complex capital structure, Strategy launched three new metrics on July 24: Net BTC Per Share, BTC Hurdle ARR (minimum annualized return required to cover financing costs), and BTC Floor ARR (minimum annualized return required to maintain leverage ratio sustainability), to help investors more clearly assess the actual value of their Bitcoin holdings. Additionally, the company plans to provide funding for preferred stock repurchases through the future sale of a portion of its Bitcoin.
Odaily News – French Foreign Minister Jean-Noël Barrot submitted Bill No. 921 to the Senate on July 17, proposing to incorporate the Crypto-Asset Reporting Framework (CARF) developed by the Organisation for Economic Co-operation and Development (OECD) into French law, and to automatically exchange crypto data with 48 countries that have signed related agreements. The exchanged information includes specific transactions, user names, addresses, tax identification numbers, place of residence, and cumulative transaction value during the reporting period. EU member states are already preparing for relevant data exchanges under the DAC-8 directive, which will take effect on September 30, 2027. Once the bill is approved, the French government will accelerate crypto data collection. A Chainalysis report shows that as of 2026, France has recorded 30 publicly known violent robberies of crypto assets; the report also states that a tax official in the Paris region is suspected of selling data on high-net-worth crypto holders.
: X platform product lead Nikita Bier announced that the platform is upgrading the anti-cheat mechanism of its Creator Revenue Share Program, targeting engagement baiting and content plagiarism.Bier stated that if an account posts "engagement baiting" content multiple times—such as "reply to me and I'll follow everyone" or similar actions to solicit engagement—cumulatively three times or more, it will be removed from the creator revenue share program and referred to the policy team for further action, including the risk of account suspension. Currently, X has identified such behaviors through the Grok AI system, and nearly 4,000 accounts have been removed from the revenue program today.Additionally, X's updated content identification model can detect duplicate content three times more efficiently than before. The platform stated that merely adding watermarks, intros, or making simple modifications will not qualify for revenue. The related commercial display revenue will be returned to the original content poster. This mechanism also applies to copying popular text posts, such as high-engagement content like "Twitter is the smoking area of the internet."According to Nikita Bier, during this detection cycle, X found approximately 1.5 million instances of stolen content. For accounts that repeatedly or deliberately attempt to evade detection, the platform will revoke their creator revenue eligibility.X stated that through these governance measures, it is expected that over $1 million in revenue will be redistributed to original content creators, aiming to improve the quality of the platform's content ecosystem.
According to The Block, Mizuho Bank analysts noted that while Circle's approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank helps enhance its compliance credibility, it is insufficient to resolve current core pressures—the continued shrinkage of USDC market cap and increasingly fierce competition from Open USD—which still constitute a significant drag on $CRCL stock price.
Naver Financial and Dunamu have postponed the completion date of their comprehensive share swap transaction to December 31st, marking the second delay for this deal. The transaction aims to integrate Dunamu, the operator of South Korea's largest cryptocurrency exchange Upbit, into Naver's financial division. The original settlement date was September 30th. Dunamu stated that incomplete digital asset legislation and pending antitrust reviews remain key variables, and any progress in either approval process could further extend the timeline or even lead to changes in the transaction.
According to PRNewswire, Nasdaq-listed Canton Coin Treasury Company Canton Strategic announced that its Board of Directors has approved a $50 million share repurchase program. The repurchase will be conducted through open-market transactions or other compliant methods in accordance with U.S. securities laws. However, the timing, scale, and execution method of the repurchase may be adjusted or terminated based on market conditions, stock price performance, trading volume, regulatory environment, and other factors. The company does not commit to any minimum or fixed number of shares to be repurchased.
Bitcoin treasury company Nakamoto announced the completion of a series of financial strategic adjustments, including reducing $45 million in debt, entering into new loan terms (partially extending repayment deadlines to 2027 and adjusting interest rates), approving a share repurchase program of up to $25 million, regaining Nasdaq compliance eligibility, and currently holding 4,468 bitcoins in reserve.
Odaily News: Digital asset trading platform Gate has released its August 2026 Transparency Report. The report shows that in August, multiple Gate business lines received recognition from institutional data providers including CoinDesk, CryptoQuant, CryptoRank, and DefiLlama. Among them, Gate's stock perpetual contract trading volume grew 308% month-over-month, maintaining triple-digit growth for three consecutive months; the RWA perpetual contract open interest (OI) market share reached 49.6%, ranking first globally among centralized trading platforms. Meanwhile, Gate's 24-hour spot and derivatives trading volume stood at approximately $9.5 billion, with open interest reaching $12.48 billion, both ranking among the global top three; 30-day net inflow reached $308.1 million, ranking second among mainstream trading platforms.In terms of traditional financial asset trading, Gate's CFD business continues to expand its asset coverage, now covering 680 trading pairs, spanning major TradFi assets including forex, metals, energy, indices, and stocks. In terms of overall TradFi product layout, Gate now covers over 1,000 TradFi assets, with stock derivatives covering more than 360 underlying assets, both ranking first globally, further enhancing its multi-asset trading matrix.As digital assets and traditional financial markets continue to converge, Gate is steadily expanding diverse trading scenarios including stocks, RWA, CFD, and derivatives. By enriching asset supply and trading tools, it is further improving its comprehensive trading infrastructure that connects digital assets with traditional financial markets.
Odaily News, September 3 — WEEX Exchange announced that the WEEX Hackathon Season 2, themed "AI Wars II: The Algorithm Era," is now officially live. Global AI developers, quantitative traders, Web3 builders, teams, and individuals are invited to join Team AI or Team Human to compete in five rounds of live market trading battles, vying for rankings and rewards based on PnL% performance. The total prize pool stands at 600,000 USDT, with multi-tiered incentives designed to accommodate different participation methods.The early registration phase runs from September 3 to 6, during which the first 2,000 registrants can share in the 100,000 USDT Early Bird prize pool. Additionally, users who register early can complete event tasks ahead of time to accumulate activity points for the upcoming competition.
According to BeInCrypto, CryptoQuant data shows that centralized exchange stablecoin reserves fell from a high of about $80 billion at the end of 2025 to about $64 billion, shrinking by about $16 billion (about 20%). Among them, Binance showed relative resilience, with its stablecoin share rising from just over 60% to 68.5%, while platforms such as Coinbase, Bybit, and OKX saw more significant reductions. Meanwhile, on-chain analysis platform Santiment detected that pessimistic sentiments such as "crypto is dead" on X and Reddit continued to intensify, with the Crypto Fear & Greed Index currently at 46, still in the fear zone. The total stablecoin supply also fell from a high of nearly $316 billion in May to $300.89 billion, but the decline was far lower than on the exchange side, indicating that some liquidity may have shifted on-chain rather than exiting completely.
CryptoQuant analyst Darkfost stated that the share of supply held by Short-Term Holders (STH) in the Bitcoin market is declining significantly, with the current distribution as follows: less than 1 day accounts for 1.2%, 1 day to 1 week accounts for 2%, 1 week to 1 month accounts for 5.6%, 1 month to 3 months accounts for 6.7%, and 3 months to 6 months accounts for 8.1%. He believes that this trend usually appears at the end of a bear market: on one hand, it indicates that the number of Long-Term Holders (LTH) is increasing, with fewer coins in active circulation in the market; on the other hand, it also indicates that new demand has not yet significantly returned.
According to The Straits Times, Taiwan Foxconn (Hon Hai Precision Industry) announced its Q2 financial report on August 12, with net profit increasing 35% year-on-year to NT$59.97 billion (approximately SGD 2.38 billion), exceeding analysts' expectations of NT$58.8 billion. Specifically, revenue from cloud and networking products (including AI servers) accounted for 51%, breaking through 50% for the first time, while smart consumer electronics (including iPhone) accounted for 29%. Rotating CEO Shang-Yi Chiang stated that AI-related business will continue to grow in Q3, and coupled with the peak season effect of ICT products, significant quarter-on-quarter growth is expected. Nvidia's new generation Vera Rubin AI server racks will enter preparation for mass production in Q3 and start shipping from Q4, expected to become Foxconn's core product next year. In addition, Foxconn expects capital expenditure in 2026 to increase 30% year-on-year, and will continue to expand AI server and electric vehicle manufacturing capacity in India, Mexico, and Texas, USA. The company's stock price has risen 17% year-to-date, closing up 2.7% for the day.
Odaily News: Unitree Robotics officially opened IPO subscription on the STAR Market today. According to the announcement, Unitree Robotics' offering price is set at 150.80 yuan per share, with a market capitalization of approximately 60.993 billion yuan at the time of listing, and an expected total fundraising amount of 6.099 billion yuan. The online subscription code for this offering is 787836, with an expected online issuance of 6.471 million shares. The market estimates the lottery win rate at 0.02%–0.03%. It should be noted that after the subscription period concludes, the lottery results will be announced on August 12, and successful investors must complete payment on the same day. If an investor wins the lottery three times within 12 months but fails to make full payment, they will be restricted from participating in new stock and bond subscriptions for six months.Yang Chao, chief strategy analyst at China Galaxy Securities, noted that the capital threshold for participating in this IPO subscription is relatively high, and the lottery win rate is low. Share prices are likely to experience significant volatility in the early stages of the STAR Market listing. Investors should fully assess the risks associated with the high valuation and ensure timely and full payment if selected, avoiding missed payments that could trigger subscription restrictions.
Odaily News, September 3 — WEEX Exchange announced that the WEEX Hackathon Season 2, themed "AI Wars II: The Algorithm Era," is now officially live. Global AI developers, quantitative traders, Web3 builders, teams, and individuals are invited to join Team AI or Team Human to compete in five rounds of live market trading battles, vying for rankings and rewards based on PnL% performance. The total prize pool stands at 600,000 USDT, with multi-tiered incentives designed to accommodate different participation methods.The early registration phase runs from September 3 to 6, during which the first 2,000 registrants can share in the 100,000 USDT Early Bird prize pool. Additionally, users who register early can complete event tasks ahead of time to accumulate activity points for the upcoming competition.
The self-proclaimed "White-Haired Stock Guru" Serenity posted that he recently observed a disappointing pattern: first attempting to compete for the same audience, then quickly funneling traffic toward paid communities or high-priced services. After he refuses to join or promote paid groups, they switch to personal attacks, framing them as "fundamental viewpoint disagreements." When he first joined X, financial content was saturated with luxury watches, private jets, options trading, and promotions for "Wall Street Secrets" paid communities and technical analysis charts. Consequently, he has always aimed to take a different approach by publicly sharing his research and investment logic, making it freely accessible to everyone so they can form their own judgments. Serenity added that although some had previously claimed he would eventually raise the subscription price to $100, his rate has consistently remained at $1 for months and will continue to be kept at the lowest possible price. He also outlined his investment perspectives on stocks such as AXTI, NBIS, AEHR, MU, and INTC. Serenity noted that some investment themes may not be verifiable until 2027–2028, covering subjects related to Sivers, Foci, and Shunsin. Finally, Serenity emphasized that not every investment thesis needs to be right, as uncertainty is inherent to research. Rather than seeing information increasingly trapped behind a $100 paywall or diluted by engagement-bait content, he hopes X will cultivate a new culture centered on openly sharing investment logic, enabling everyone to learn from rigorous research.
Odaily News - A study published at USENIX Security '26 reveals that researchers identified 65,340 high-risk cryptocurrency addresses involved in abuse on Ethereum and BNB Chain, with associated native token losses reaching 126,982.94 ETH and 17,726.7 BNB. The study estimates that total losses linked to these addresses exceed $574.8 million, of which two newly described active attack vectors directly caused approximately $15.7 million in losses (2.7% of the total). The first category involves contract account misuse and exploitation of deterministic contract addresses; the second leverages EIP-7702 to delegate accounts with exposed keys to malicious code that directly transfers deposits. The research team extracted over 16.3 million unique private keys by mining 63,004 GitHub repositories from January 2015 to May 2025, achieving an overall accuracy rate of 99.11% in detection results. (Cryptoslate)
: X platform product lead Nikita Bier announced that the platform is upgrading the anti-cheat mechanism of its Creator Revenue Share Program, targeting engagement baiting and content plagiarism.Bier stated that if an account posts "engagement baiting" content multiple times—such as "reply to me and I'll follow everyone" or similar actions to solicit engagement—cumulatively three times or more, it will be removed from the creator revenue share program and referred to the policy team for further action, including the risk of account suspension. Currently, X has identified such behaviors through the Grok AI system, and nearly 4,000 accounts have been removed from the revenue program today.Additionally, X's updated content identification model can detect duplicate content three times more efficiently than before. The platform stated that merely adding watermarks, intros, or making simple modifications will not qualify for revenue. The related commercial display revenue will be returned to the original content poster. This mechanism also applies to copying popular text posts, such as high-engagement content like "Twitter is the smoking area of the internet."According to Nikita Bier, during this detection cycle, X found approximately 1.5 million instances of stolen content. For accounts that repeatedly or deliberately attempt to evade detection, the platform will revoke their creator revenue eligibility.X stated that through these governance measures, it is expected that over $1 million in revenue will be redistributed to original content creators, aiming to improve the quality of the platform's content ecosystem.
According to CoinDesk, Ripple announced on Monday that it will share its internal intelligence on North Korean hackers with Crypto ISAC, a threat intelligence-sharing organization for the cryptocurrency industry, to help businesses identify coordinated intrusion campaigns. This move comes amid a recent shift in attack patterns targeting the cryptocurrency sector. The April theft of $285 million from the Drift protocol was not a traditional smart-contract vulnerability exploit; instead, North Korean hackers spent months building relationships with Drift contributors and installing malware on their devices before stealing private keys. Ripple stated: “The strongest crypto security posture is a shared one. A threat actor rejected by one company after background screening may submit resumes to three other companies the same week. Without shared intelligence, each company starts from scratch.”
Odaily News — According to the "August 2026 Exchange Review" published by CoinDesk, in August, RWA perpetual contract trading volume on centralized exchanges grew 2.37% month-over-month to $602 billion, setting a record high for the category. Gate stood out in particular, with its RWA perpetual contract trading volume surging 158% month-over-month to $64.7 billion. Its market share rose from 5.32% in July to 12.6%, more than doubling from the previous month and placing it among the top three centralized crypto exchanges.In terms of asset coverage, the CoinDesk report shows that Gate now supports over 12,800 stock and ETF assets and continues to expand trading scenarios including equities, RWA, and derivatives. By further broadening asset coverage and trading scenarios, Gate is continuously strengthening its integrated trading infrastructure that connects digital assets with traditional financial markets.
Odaily News: Digital asset trading platform Gate has released its August 2026 Transparency Report. The report shows that in August, multiple Gate business lines received recognition from institutional data providers including CoinDesk, CryptoQuant, CryptoRank, and DefiLlama. Among them, Gate's stock perpetual contract trading volume grew 308% month-over-month, maintaining triple-digit growth for three consecutive months; the RWA perpetual contract open interest (OI) market share reached 49.6%, ranking first globally among centralized trading platforms. Meanwhile, Gate's 24-hour spot and derivatives trading volume stood at approximately $9.5 billion, with open interest reaching $12.48 billion, both ranking among the global top three; 30-day net inflow reached $308.1 million, ranking second among mainstream trading platforms.In terms of traditional financial asset trading, Gate's CFD business continues to expand its asset coverage, now covering 680 trading pairs, spanning major TradFi assets including forex, metals, energy, indices, and stocks. In terms of overall TradFi product layout, Gate now covers over 1,000 TradFi assets, with stock derivatives covering more than 360 underlying assets, both ranking first globally, further enhancing its multi-asset trading matrix.As digital assets and traditional financial markets continue to converge, Gate is steadily expanding diverse trading scenarios including stocks, RWA, CFD, and derivatives. By enriching asset supply and trading tools, it is further improving its comprehensive trading infrastructure that connects digital assets with traditional financial markets.
The Bybit Apple Stock Buzz Trading Competition officially launched at 18:00 Beijing Time on September 8. Rankings are based on cumulative trading volume on the AAPLUSDT perpetual contract, with a minimum cumulative trading volume of 5,000 USDT required to participate.
ARK Investment Management has filed an exemption application with the U.S. SEC to issue a tokenized share class for its venture fund, ARK Venture Fund. The SEC issued a related notice on August 24, setting September 18 as the deadline for hearing requests. ARK has chosen to pursue the exemption for the tokenized share class through the standard exemption application process, rather than wait for tokenization exemptions that the SEC has hinted at but has not yet published.
Odaily News, September 3 — WEEX Exchange announced that the WEEX Hackathon Season 2, themed "AI Wars II: The Algorithm Era," is now officially live. Global AI developers, quantitative traders, Web3 builders, teams, and individuals are invited to join Team AI or Team Human to compete in five rounds of live market trading battles, vying for rankings and rewards based on PnL% performance. The total prize pool stands at 600,000 USDT, with multi-tiered incentives designed to accommodate different participation methods.The early registration phase runs from September 3 to 6, during which the first 2,000 registrants can share in the 100,000 USDT Early Bird prize pool. Additionally, users who register early can complete event tasks ahead of time to accumulate activity points for the upcoming competition.
: According to official sources, OKX Flash Earn Lite will launch AEON "Staking Rewards" from August 31, 2026, 15:00 to September 5, 2026, 15:00 (UTC+8). During the event, users who participate by locking BTC, ETH, OKB, or AEON can share a total of 4,100,000 AEON airdrop rewards. Notably, ETH borrowed via flexible borrowing will not be counted toward the valid subscription amount.Users can start subscribing in advance from now on, with rewards calculated after the event officially begins. Participation is available via the event link or by tapping "Flash Earn" at the top of the Explore page in the OKX App.
Odaily News — According to the "August 2026 Exchange Review" published by CoinDesk, in August, RWA perpetual contract trading volume on centralized exchanges grew 2.37% month-over-month to $602 billion, setting a record high for the category. Gate stood out in particular, with its RWA perpetual contract trading volume surging 158% month-over-month to $64.7 billion. Its market share rose from 5.32% in July to 12.6%, more than doubling from the previous month and placing it among the top three centralized crypto exchanges.In terms of asset coverage, the CoinDesk report shows that Gate now supports over 12,800 stock and ETF assets and continues to expand trading scenarios including equities, RWA, and derivatives. By further broadening asset coverage and trading scenarios, Gate is continuously strengthening its integrated trading infrastructure that connects digital assets with traditional financial markets.
Odaily News: Digital asset trading platform Gate has released its August 2026 Transparency Report. The report shows that in August, multiple Gate business lines received recognition from institutional data providers including CoinDesk, CryptoQuant, CryptoRank, and DefiLlama. Among them, Gate's stock perpetual contract trading volume grew 308% month-over-month, maintaining triple-digit growth for three consecutive months; the RWA perpetual contract open interest (OI) market share reached 49.6%, ranking first globally among centralized trading platforms. Meanwhile, Gate's 24-hour spot and derivatives trading volume stood at approximately $9.5 billion, with open interest reaching $12.48 billion, both ranking among the global top three; 30-day net inflow reached $308.1 million, ranking second among mainstream trading platforms.In terms of traditional financial asset trading, Gate's CFD business continues to expand its asset coverage, now covering 680 trading pairs, spanning major TradFi assets including forex, metals, energy, indices, and stocks. In terms of overall TradFi product layout, Gate now covers over 1,000 TradFi assets, with stock derivatives covering more than 360 underlying assets, both ranking first globally, further enhancing its multi-asset trading matrix.As digital assets and traditional financial markets continue to converge, Gate is steadily expanding diverse trading scenarios including stocks, RWA, CFD, and derivatives. By enriching asset supply and trading tools, it is further improving its comprehensive trading infrastructure that connects digital assets with traditional financial markets.
The Bybit Apple Stock Buzz Trading Competition officially launched at 18:00 Beijing Time on September 8. Rankings are based on cumulative trading volume on the AAPLUSDT perpetual contract, with a minimum cumulative trading volume of 5,000 USDT required to participate.
ARK Investment Management has filed an exemption application with the U.S. SEC to issue a tokenized share class for its venture fund, ARK Venture Fund. The SEC issued a related notice on August 24, setting September 18 as the deadline for hearing requests. ARK has chosen to pursue the exemption for the tokenized share class through the standard exemption application process, rather than wait for tokenization exemptions that the SEC has hinted at but has not yet published.
According to Chaoxiang Research, Goldman Sachs' September 7 research report notes that driven by rack-level expansion of AI servers and rising ASIC penetration rates, the global optical module market TAM for 2026 through 2028 has been increased by 33%, 81%, and 115%, respectively. In 2027, shipments of 800G, 1.6T, and 3.2T modules are projected to reach 49 million, 71 million, and 23 million units, with silicon photonics penetration expected to reach 80% in the 3.2T era. The market size for 800G and above is forecast to grow from approximately $45 billion in 2026 to $130 billion in 2028.
In a post, DeFi researcher Ignas noted that Robinhood previously set a record for single-day fees exceeding $6 million, with approximately 10% flowing to Arbitrum, while the revenue ultimately distributed to Ethereum L1 was "pitifully small." Ignas argues that this model may not be entirely unreasonable, much like how Uber initially traded subsidies for growth; Ethereum could also leverage L2 to attract traditional financial businesses into its ecosystem and gradually raise its "rents" once substantial switching costs are established within the ecosystem.