DeFi

DeFi
Circle’s Native USDC Launch on Hyperliquid Threatens Arbitrum: Messari
Circle’s plan to mint native USDC on Hyperliquid threatens Arbitrum’s dominance, with a Messari analyst warning of a possible liquidity exodus.

DeFi
PumpFun Revenue Plunges 96% to Lowest Level Since March 2024
The Solana-based token launchpad has struggled to meet the market’s expectations since its token generation event.

DeFi
Decentralized Perpetuals Volume Hits All-Time High of $399 Billion in July
Hyperliquid leads the pack with 79% of total decentralized perpetuals trading volume.

DeFi
Ethereum Still Accounts for 90% of Fees as Layer 2s Struggle to Deliver Revenue
Ethereum-based DeFi protocols might want to think twice before rolling out on every Layer 2, as data shows most fees still accrue on the mainnet.

DeFi
Ethena’s USDe Stablecoin Surges to All-Time High Market Capitalization of $9.3 Billion
The synthetic dollar’s supply is up 75% over the past month, driven by increased demand for yield and overall excitement surrounding Ethena.

DeFi
Over 40% of Jupiter’s Trading Volume Now Flows Through Private AMMs
Almost half of Jupiter’s trading volume is routed through proprietary AMMs, highlighting growing centralization on Solana’s top DEX aggregator.

DeFi
Harbour Industrial Capital Invests $1.2 M into Four High-Growth Polkadot Ecosystem Projects
HIC’s Fund II backs Mandala, Xcavate, Kylix and Hyperbridge to scale DeFi, RWAs and cross-chain interoperability

DeFi
Hyperliquid to Refund Users Affected by Platform Outage
The DEX experienced unexpected downtime yesterday, which resulted in some users being locked into existing positions and suffering losses.

DeFi
Chainflip Unlocks One-Click Cross-Chain Swaps for Polkadot with Asset Hub Integration
Polkadot-native assets now trade seamlessly with BTC, ETH, and USDC across ecosystems



