Bitlayer accounts for 31% of all total value locked (TVL), versus Merlin’s 16%.

The Kujira team says the treasury is not at risk, and proposes the formation of a DAO to manage the treasury and core protocol.

Ethereum continues to dominate the tokenized Treasury sector with a 76% market share.

The measure is intended to reduce the impact of heavy looming JUP inflation.

Fed chair Powell said that the central bank could consider lowering rates at its next meeting in September.

There are three editions, in orange and black, with prices ranging from $299 to $499.

Elixir’s deUSD is backed by a delta-neutral ETH position, accumulating Ether staking rewards and short funding rates to pay out yield to holders.

The attack, which exploited a vulnerability disclosed in April, drained roughly 60 million ASTRO tokens, which sent the price plummeting.

The bill calls for the U.S. to purchase 1,000,000 BTC over five years and follows Trump's speech in which he pledged that he would never sell the government's Bitcoin holdings.

The ETH/BTC ratio rebounded as spot Ether ETF flows turned positive on July 30.