DeFi
Decentralized Finance, the ecosystem of financial applications and services built on public blockchains.
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Pendle Oracle Move Liquidates $36 Million
A wallet bought yield tokens in a $9 million Pendle pool, pushing the principal token price down 2.8% and clearing out looped positions on a Morpho market carrying $52 million in borrows. No bad debt was incurred.

Coinbase Launches Tokenized Stocks On Base
Four tokens covering Nvidia, Apple, Meta and Alphabet went live for non-US users, with about $4.5 million minted and $3 million of DEX liquidity on day one. Chainlink price feeds run 24/5 while the tokens trade 24/7.
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Pendle Oracle Move Liquidates $36 Million
A wallet bought yield tokens in a $9 million Pendle pool, pushing the principal token price down 2.8% and clearing out looped positions on a Morpho market carrying $52 million in borrows. No bad debt was incurred.

Coinbase Launches Tokenized Stocks On Base
Four tokens covering Nvidia, Apple, Meta and Alphabet went live for non-US users, with about $4.5 million minted and $3 million of DEX liquidity on day one. Chainlink price feeds run 24/5 while the tokens trade 24/7.
Judge Keeps Sun's World Liberty Claims In Court
Justin Sun's individual claims will be heard in open court, and the two sides must negotiate which of the claims brought by his corporate plaintiffs go to a private arbitrator. No written order had been entered on the docket as of Thursday afternoon.
Hayden Adams Says AMMs Will Win The Biggest Markets. A Former XTX Trader Says They're Going To Zero
The Uniswap founder's first blog post since 2019 argues tokenized stocks will trade against index funds instead of dollars. The replies split between investors who called the thesis disruptive and traders who asked who would want to sell NVIDIA for SPY.
Omnichain Launchpad Printr Shuts Down, Cancels Token Launch And Airdrop
Printr said it will cease all operations by Aug. 31 and will not hold the token generation event or airdrop it had promised. The launchpad raised $4.5 million last October and collected 84% of its lifetime fees in a single month.
Search Interest in Prediction Markets Falls 83% From Its World Cup Peak as Kalshi Pulls Away
Google Trends set its five-year high for "prediction market" the week the 2026 World Cup opened, and its single-day high on the day of the final. Category volume hit a record in July. August is pacing lower on both, and Polymarket is falling behind Kalshi faster than the mindshare data suggests.
Compound Foundation Names Coinbase And Anchorage Alumni To Run $52 Million Institutional Push
The DAO approved the two-year budget in May with 1.88 million COMP in favor and none against. Compound holds about $1.2 billion in deposits, against Aave's $14.8 billion.

SODA Now Trading on Kraken Worldwide as SODAX Clears MiCA Compliance in the EU
SODAX's token SODA began trading worldwide on Kraken today across the Sonic and Arbitrum networks, following the exchange's 1:1 conversion of ICX balances, as SODAX publishes a MiCA-compliant whitepaper for SODA notified to the Central Bank of Ireland.
Standard Chartered Says Its $100 UNI Target May Be Too Low After Robinhood Chain Burns
Geoff Kendrick says UNI burns funded by Robinhood Chain trading have run at an annualized $90 million since Jul. 27. DefiLlama data puts Uniswap's protocol revenue at 2.4 times its prior level, with Robinhood Chain supplying about 60% of it.

SharpLink Plans $200 Million ETH Allocation to Lido’s wstETH
Using Kraken’s displayed $1,889.84 ETH price, the planned allocation equates to about 106,000 ETH, roughly 12% of SharpLink’s reported holdings.

