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Project Overview
Terminal is a DeFi dashboard platform that provides a unified interface to access and manage decentralized finance (DeFi) activities. It allows users to create and customize their own space to track prices and interact with various protocols.
Rune on Pump.fun Launching MemeStocks: Industry Leaders Should Drive More Innovation Rather Than Continuously Copying Proven Models
Odaily News – Crypto trader Rune (@RuneCrypto_) posted on X, stating that Pump.fun holds over $2 billion in cash, with a valuation of approximately $4.4 billion, making it one of the most influential platforms in the Meme coin market this cycle. However, since launching the Bonding Curve model, its subsequent product expansion has largely been a response to market demand already validated by other teams.Rune cited examples, noting that after Axiom's rise, Pump acquired Padre and renamed it Terminal; after fomo emerged, Pump added social features to compete for KOLs; and now that products combining Meme coins with equity-related assets have appeared on BNB Chain, Robinhood, Stonks, and Base, Pump has launched a similar MemeStocks feature.Rune stated that this strategy is not entirely ineffective—for instance, Padre's market share rose from roughly 2% to 10% after its acquisition. However, as a leading platform with substantial capital and resources, Pump should focus more on creating unvalidated new products rather than continuously replicating existing models. Otherwise, it may weaken the incentive for smaller teams to pursue product innovation, ultimately slowing the industry's overall pace of development.
Pump.fun Burns ~$370M Worth of PUMP Tokens and Launches Programmatic Buyback-and-Burn Mechanism
According to an official announcement by Pump.fun, the platform has completed the burning of all previously repurchased $PUMP tokens, amounting to approximately $370 million—roughly 36% of the circulating supply. The burn was executed via two on-chain transactions at 20:52 UTC. Simultaneously, Pump.fun has launched a programmable buyback-and-burn mechanism, allocating 50% of its net revenue over the next year toward publicly purchasing $PUMP on the open market and immediately burning 100% of the acquired tokens. This mechanism is enforced via an immutable smart contract covering revenue streams from Pump.fun’s three core product lines: the bonding curve, PumpSwap, and Terminal. Its execution comprises four steps: fee collection, aggregation into an intermediate wallet, buyback, and burn—all of which can be tracked in real time at fees.pump.fun. The remaining 50% of revenue will fund operational expenses and ecosystem development, including team expansion, strategic investments, and marketing initiatives. Pump.fun stated that this move aims to address community concerns regarding the token’s long-term value and the transparency of the buyback mechanism, with the overarching goal of continuously reducing the circulating supply.
USDD leads weekly market cap growth with a $180.3 million increase, while Sky and United Stables enter the top five.
Report data shows that USDD's weekly market cap increase significantly leads other major comparable stablecoin projects, reflecting its recent rapid expansion in circulating supply. All data in the report is sourced from Token Terminal, providing the latest insights into recent capital inflows and changes in issuance scale within the stablecoin market.
Bloomberg Terminal launches stablecoin feature, enabling tracking of on-chain data for over 70 stablecoins
Odaily News — Bloomberg ETF analyst Eric Balchunas posted on X that Bloomberg Terminal today launched a stablecoin feature called RWAS, with on-chain data support provided by Allium. The feature covers more than 70 stablecoins across multiple blockchain networks, accounting for approximately 98% of the stablecoin market, and updates hourly with tracking of supply, minting and burning, transfers, and velocity.
Rune on Pump.fun Launching MemeStocks: Industry Leaders Should Drive More Innovation Rather Than Continuously Copying Proven Models
Odaily News – Crypto trader Rune (@RuneCrypto_) posted on X, stating that Pump.fun holds over $2 billion in cash, with a valuation of approximately $4.4 billion, making it one of the most influential platforms in the Meme coin market this cycle. However, since launching the Bonding Curve model, its subsequent product expansion has largely been a response to market demand already validated by other teams.Rune cited examples, noting that after Axiom's rise, Pump acquired Padre and renamed it Terminal; after fomo emerged, Pump added social features to compete for KOLs; and now that products combining Meme coins with equity-related assets have appeared on BNB Chain, Robinhood, Stonks, and Base, Pump has launched a similar MemeStocks feature.Rune stated that this strategy is not entirely ineffective—for instance, Padre's market share rose from roughly 2% to 10% after its acquisition. However, as a leading platform with substantial capital and resources, Pump should focus more on creating unvalidated new products rather than continuously replicating existing models. Otherwise, it may weaken the incentive for smaller teams to pursue product innovation, ultimately slowing the industry's overall pace of development.
AVE All-Terminal Access to Hyperliquid Trading with Promotional Event, Total Prize Pool $12,000
AVE has now fully integrated Hyperliquid on-chain contract trading across its mobile app, TG Bot, and PC client, providing users with a more convenient and multi-scenario on-chain contract trading experience.On the occasion of this feature upgrade, AVE is launching the "AVE x Hyperliquid Contract Upgrade Benefits" event, inviting all users to actively participate and share in rewards of up to 12,000U.Event Period: July 16, 2026, 18:00 – July 26, 2026, 23:59 (UTC+8)Two Core Rewards:Open Orders to Share Up to 4,000UUsers who deposit and have a cumulative margin of at least 20 USDT for opening positions will share a 2,000U prize pool. If the number of eligible users exceeds 500, the prize pool doubles to 4,000U.Trading Leaderboard to Share Up to 8,000UUsers with a cumulative trading volume of 20,000U are eligible to participate in the ranking. The top 100 will share the prize pool according to the rules. The base prize pool is 3,000U, increasing with the total trading volume of the event, up to a maximum of 8,000U.Eligible trades will be automatically included in the statistics. Both rewards can be earned simultaneously.Welcome all users to participate in Hyperliquid on-chain contract trading. Trade more, earn more rewards, and collectively unlock a bigger prize pool.Note: This event is subject to the final interpretation rights of Ave.ai. All trading records are uploaded to the blockchain in real-time, ensuring the ranking data is tamper-proof.
Binance Lists Genius Terminal (GENIUS) and OpenGradient (OPG) with Seed Label
According to Binance’s official announcement, Binance has listed Genius Terminal (GENIUS) and OpenGradient (OPG) on May 22, 2026, at 11:00 AM UTC, enabling six spot trading pairs: GENIUS/USDT, GENIUS/USDC, GENIUS/TRY, OPG/USDT, OPG/USDC, and OPG/TRY. Withdrawals will be enabled the following day at the same time.
Greeks.live Macro Researcher: The decline has not caused market concern; the current market does not support chasing short positions
, Greeks.live macro researcher Adam posted on platform X stating that through Options Terminal analysis of the weekend market, it was found that large funds mainly engaged in three types of operations:Selling near-term gamma and near-month volatility;Buying downside protection for medium-to-long-term tenors, or constructing defensive structures such as put fly and collar;Conducting pin and roll operations around the $79,000 to $80,000 range.He stated that the current market does not support chasing short positions, and the decline has not caused market concern, with whales expecting short-term consolidation.
Zhipu AI Releases GLM-5.3: Coding and Long-Horizon Task Capabilities Significantly Improved, Model Weights to Be Released in Two Weeks
Z.ai releases GLM-5.3, based on the same foundation model as GLM-5.2, achieving capability improvements through expanded post-training. According to the official announcement, GLM-5.3 improves by 50% over GLM-5.2 on the internal Z.ai Code Bench coding benchmark, and reaches a leading level among open models in public benchmarks such as Terminal Bench 3.0 and Agents' Last Exam. In terms of cybersecurity, GLM-5.3 achieved a score of 84.5% in the CyberGym vulnerability discovery test, and significantly improved compared to the previous generation in exploit chain-related tests such as ExploitBench and ExploitGym.
North Korea’s Lazarus Group Launches macOS Malware Attack
According to CoinDesk, the North Korean hacking group Lazarus Group has launched a new macOS-targeted campaign dubbed “Mach-O Man,” aimed at executives and institutions within high-value sectors such as cryptocurrency and fintech. The attack employs a social engineering technique called “ClickFix” to trick victims into pasting commands into their Mac Terminal, thereby granting attackers access to corporate systems, SaaS platforms, and financial resources. CertiK researchers stated that “Mach-O Man” is a modular macOS malware toolkit developed by Lazarus Group, now also adopted by other cybercriminal groups. It often self-deletes before victims detect it, complicating attribution and detection. Additionally, attackers have already carried out this campaign by hijacking DeFi project domains and replacing legitimate Cloudflare messages with fake ones.
OpenAI Releases GPT-6.1 Terra, API Pricing Reduced by 50% Compared to Previous Generation
OpenAI announced the release of GPT-6.1 Terra, focusing on enhancements to visual reasoning, computer operation, factual accuracy, and software engineering capabilities. The model is designed for daily office workflows and high-frequency automation tasks, capable of processing technical drawings, completing forms, editing videos, and developing software. In terms of performance, OpenAI reported that GPT-6.1 Terra reduced its factual error rate in internal complex prompt tests from 53.6% (observed in GPT-5.6 Terra at low reasoning intensity) to 16.7%, with the error rate further dropping to 4.3% under highest reasoning intensity. In the Terminal-Bench 4.0 programming benchmark, the model achieved a task completion rate of 50.3% at peak reasoning intensity, surpassing GPT-5.6 Terra's 21.5%.
Tokenized Stock DeFi Deposits Surpass $300 Million, Growing Approximately 25 Times in a Year
As reported by Cryptopolitan, Token Terminal data shows that the deposit volume of tokenized stocks in DeFi protocols has exceeded $300 million, up from $262 million last month and reflecting a 2,451.5% increase from approximately $11.8 million a year ago. The deposits are distributed across 20 issuers and 10 blockchains. The data indicates that the growth was primarily concentrated in the third quarter: starting at $80.1 million at the beginning of the quarter, it rose to $265 million on September 30, marking a quarterly increase of approximately 230%. This timeline aligns with Binance launching bStocks in June and Robinhood Chain going live in July. In terms of on-chain distribution, Solana leads with $102.6 million, accounting for a 34.2% share, with Robinhood Chain and Ethereum ranking second and third respectively. BNB Chain holds $42.8 million, Base holds $24.3 million, and the top five chains combined account for approximately 96%. Regarding issuers, xStocks accounts for over 39%, Robinhood holds $70.8 million, Binance bStocks holds $38.4 million, and Ondo Finance holds $3.4 million.
Hyperliquid Receives First $14.58M USDC Payment Under AQAv2, Perpetual Contract Data Integrated into Bloomberg Terminal
Odaily News: Real-time data for decentralized trading platform Hyperliquid's 24/7 perpetual contracts is now available on the Bloomberg Terminal, allowing professional investors to monitor its contracts related to cryptocurrencies, crude oil, gold, the S&P 500 index, chip manufacturers, and foreign exchange. This integration does not support direct execution of Hyperliquid trades through the Bloomberg Terminal.Under the AQAv2 framework, Hyperliquid has received its first $14.58 million USDC payment, covering a 30-day period. This mechanism allocates approximately 90% of the cost-adjusted reserve yield generated from USDC supply to Hyperliquid, which is directed into the Assistance Fund for purchasing HYPE.Following the related developments, the price of HYPE briefly exceeded $95, approaching its all-time high of $97.96. The number of wallets holding more than 10 HYPE has surpassed 50,000, reaching its highest level since August 15. (Bitcoin.com News)
Bloomberg Terminal now supports viewing real-time quotes for some Hyperliquid perpetual contracts, but trading is not yet supported
According to a post by Hyperliquid Daily on X, the Bloomberg Terminal now supports entering "WSL HYPE" to view around-the-clock real-time quotes for some Hyperliquid perpetual contracts, covering cryptocurrencies, equities, commodities, foreign exchange, and indices. Users can compare the relevant prices with Bloomberg reference quotes, though trade execution is not currently supported.
Bloomberg Terminal Launches Hyperliquid Perpetual Contract Monitoring Feature
According to Hyperliquid Daily (@HYPERDailyTK), the Bloomberg Terminal now supports users in monitoring Hyperliquid perpetual contract prices around the clock by entering WSL HYPE <GO>, covering multiple asset classes such as cryptocurrencies, stocks, commodities, foreign exchange, and indices. Institutional users can compare Hyperliquid prices with Bloomberg reference prices such as BTC, NVDA, the S&P 500, Brent crude oil, and EUR/USD exchange rates without leaving their existing workflows. While this integration does not currently support trade execution, it marks Hyperliquid's official entry into institutional-grade price reference systems, helping to enhance its market visibility and credibility, and is considered a significant step toward integrating on-chain markets into institutional workflows.
Uniswap's September revenue reached $14.7 million, with 53% coming from Robinhood Chain.
According to Token Terminal data, Uniswap’s deployment on Robinhood Chain has become its largest revenue source. Data shows that Uniswap generated approximately $14.7 million in revenue in September, with Robinhood Chain contributing around 53%, equivalent to roughly $7.79 million.
Related news
OpenAI Releases GPT-6.1 Terra, API Pricing Reduced by 50% Compared to Previous Generation
OpenAI announced the release of GPT-6.1 Terra, focusing on enhancements to visual reasoning, computer operation, factual accuracy, and software engineering capabilities. The model is designed for daily office workflows and high-frequency automation tasks, capable of processing technical drawings, completing forms, editing videos, and developing software. In terms of performance, OpenAI reported that GPT-6.1 Terra reduced its factual error rate in internal complex prompt tests from 53.6% (observed in GPT-5.6 Terra at low reasoning intensity) to 16.7%, with the error rate further dropping to 4.3% under highest reasoning intensity. In the Terminal-Bench 4.0 programming benchmark, the model achieved a task completion rate of 50.3% at peak reasoning intensity, surpassing GPT-5.6 Terra's 21.5%.
Tokenized Stock DeFi Deposits Surpass $300 Million, Growing Approximately 25 Times in a Year
As reported by Cryptopolitan, Token Terminal data shows that the deposit volume of tokenized stocks in DeFi protocols has exceeded $300 million, up from $262 million last month and reflecting a 2,451.5% increase from approximately $11.8 million a year ago. The deposits are distributed across 20 issuers and 10 blockchains. The data indicates that the growth was primarily concentrated in the third quarter: starting at $80.1 million at the beginning of the quarter, it rose to $265 million on September 30, marking a quarterly increase of approximately 230%. This timeline aligns with Binance launching bStocks in June and Robinhood Chain going live in July. In terms of on-chain distribution, Solana leads with $102.6 million, accounting for a 34.2% share, with Robinhood Chain and Ethereum ranking second and third respectively. BNB Chain holds $42.8 million, Base holds $24.3 million, and the top five chains combined account for approximately 96%. Regarding issuers, xStocks accounts for over 39%, Robinhood holds $70.8 million, Binance bStocks holds $38.4 million, and Ondo Finance holds $3.4 million.
xStocks Tokenized Stocks On-Chain Market Cap Surpasses $1 Billion, Up 802.5% Over the Past Year
According to data from Token Terminal, the on-chain market capitalization of tokenized stocks issued by xStocks has reached $1 billion, up 802.5% over the past year. The underlying assets are currently distributed across nine blockchains. By network, Solana leads with a market cap of $523.1 million, followed by X Layer and Ethereum at $304.1 million and $165.1 million, respectively. By asset, STRCx ranks first with a market cap of $144.7 million, while MSTRx and CRCLx stand at $124.4 million and $108.4 million, respectively.
USDD leads weekly market cap growth with a $180.3 million increase, while Sky and United Stables enter the top five.
Report data shows that USDD's weekly market cap increase significantly leads other major comparable stablecoin projects, reflecting its recent rapid expansion in circulating supply. All data in the report is sourced from Token Terminal, providing the latest insights into recent capital inflows and changes in issuance scale within the stablecoin market.
Tokenized ETF total market cap reaches $686.5 million, with Ethereum leading at approximately 44%
Odaily reports: According to Token Terminal data, the total market capitalization of the tokenized ETF market has reached $686.5 million, with Ethereum ranking first at $303 million, accounting for approximately 44%; BNB Chain ranks second with $192.1 million, and Solana ranks third with $91.5 million.These three blockchains collectively account for approximately 85% of the tokenized ETF market capitalization, indicating that related assets are primarily concentrated in the Ethereum, BNB Chain, and Solana ecosystems.
Tokenized stock market capitalization reaches $3.9 billion, setting a new all-time high.
According to data from Token Terminal, the total market cap of tokenized stocks has reached a record $3.9 billion. Among them, BNB Chain, Ethereum, and Solana, the top three blockchains, collectively account for approximately 70% of the market share.