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According to the official report from Spark, Spark Protocol released its Q2 2026 financial report. The total protocol return for the quarter reached $40.6 million (quarter-on-quarter +29%), with a net protocol return of $4.31 million (quarter-on-quarter -38%) and a net protocol surplus of $710,000 (quarter-on-quarter -79%). Distribution rewards amounted to $4.53 million, becoming the largest source of net income for the quarter, with sUSDS contributing $2.63 million, leading the way.The average deployment scale of the Spark Liquidity Layer (SLL) increased to $2.56 billion, but due to the narrowing of DeFi lending spreads and the cost of capital for the expansion of the Spark Savings USDT market, SLL recorded a net income of -$810,000, with the captured spread dropping from 0.64% in Q1 to -0.13%.The SparkLend USDT balance reached $528 million at the end of the quarter, making it one of the largest USDT lending platforms on Ethereum. The protocol treasury balance at the end of the quarter was $48.5 million, with $1.31 million in SPK token buybacks completed during the quarter. Despite facing pressure from spread compression, the protocol maintained profitability every month during this quarter.

OKX Wallet's Chinese announcement states that the total locked value (TVL) of X Layer DeFi has surpassed 100 million USD, growing nearly 10 times in the past six months.At the same time, the issuance scale of X Layer stablecoins has exceeded 2 billion USD, ranking among the top ten public chains globally; the cumulative number of active addresses has surpassed 4.2 million, and the total number of on-chain transactions has exceeded 400 million. OKX Wallet indicates that as liquidity continues to accumulate and the user base steadily grows, the next step will be to attract more assets, applications, and users to enter X Layer, driving the public chain to accommodate more real demands and further improve ecological development.

The TRON DeFi Summer S2 season officially launched on August 5 at 8:00 (SGT). This season's total prize pool has been significantly increased to $2.35M, and it brings a 60-day Boosted APR exclusive incentive, covering core asset pools such as TRX, USDD, JST, and SUN. Users can easily access JustLend DAO through the DeFi section of the Binance Wallet to capture yield opportunities in deep liquidity.Looking back at the S1 season, TRX's TVL in JustLend DAO exceeded $3.2B, USDD's TVL surpassed $460M, and the peak APRs for JST and SUN reached 63.7% and 44.79%, respectively, with over 195K+ interactions across the network and global exposure exceeding 42.35M people. The S2 battle is now ignited, log in to the Binance Wallet to enter JustLend DAO and seize the DeFi summer bonuses.

According to Globenewswire, Grayscale announced that it has completed the regular rebalancing of its multi-asset digital asset fund for the second quarter of 2026, adjusting the asset weights for the DeFi fund, smart contract fund, and decentralized AI fund.The DeFi fund DEFG Fund sold Uniswap (UNI) and reallocated the proceeds according to the existing fund component weights. As of August 3, the DEFG Fund's holdings include: UNI 34.16%, Ondo (ONDO) 25.44%, Aave (AAVE) 19.97%, Ethena (ENA) 12.19%, Curve DAO Token (CRV) 4.42%, Lido DAO (LDO) 3.82%.The smart contract fund GSC Fund sold some existing assets according to index rules and used the funds to buy BNB, making BNB the largest asset allocation in the fund at 30.6%. Other major holdings include Ethereum (ETH) 29.47%, Solana (SOL) 29.15%, Cardano (ADA) 4.88%, Hedera (HBAR) 2.08%, Avalanche (AVAX) 1.92%, and Sui (SUI) 1.9%.The decentralized AI fund sold NEAR Protocol (NEAR) and reallocated funds according to the existing asset proportions. As of August 3, the fund's holdings include NEAR 31.35%, Bittensor (TAO) 29.15%, Render Token (RENDER) 21.59%, and Filecoin (FIL) 17.91%.

According to SoSoValue data, the cryptocurrency market sector shows mixed performance. The DeFi sector rose by 1.61% in 24 hours, with ZEROBASE (ZBT) increasing by 20.98%, SoSoValue (SOSO) rising by 12.37%, and Uniswap (UNI) up by 5.08%. Meanwhile, the Layer2 sector increased by 0.22%, with Mantle (MNT) rising by 0.85%.In addition, the Layer1 sector fell by 0.33%, but Aptos (APT) rose by 1.89%; the PayFi sector decreased by 0.7%, with Monero (XMR) relatively strong, increasing by 3.43%; the CeFi sector dropped by 0.96%, while Gate (GT) rose against the trend by 2.16%; the Meme sector fell by 1.46%, with MemeCore (M) increasing by 2.49%; the NFT sector decreased by 3.85%, within which, Audiera (BEAT) continued to decline by 10.28%.

Web3 investment banking and consulting platform Forgd announced that its market maker leaderboard has officially launched on DefiLlama. This leaderboard ranks mainstream crypto market makers based on standardized metrics such as pricing, market depth, reliability, and execution quality, helping traders and analysts assess the performance of market makers behind token liquidity.The leaderboard data comes from the real-time performance monitored by Forgd tools across over 500 token projects and 35 market makers. Forgd previously launched this leaderboard in May 2026, and this integration with DefiLlama opens the data to a broader market audience.

JustLend DAO and Binance Wallet jointly launched TRON DeFi Summer S2, taking over the heat from the first season and reigniting a new wave of on-chain yield. This season's total prize pool has been significantly increased to $2.35 million, along with a 60-day Boosted APR exclusive incentive covering core asset pools such as TRX, USDD, JST, and SUN. The event will run for 60 days starting from August 5 at 8:00 AM (SGT). Users can access JustLend DAO through the DeFi section of Binance Wallet for a one-stop experience to easily capture yield opportunities in deep liquidity. It is worth mentioning that S1 users do not need any additional actions; they can seamlessly transition to S2 by maintaining their current holdings, with reward eligibility automatically continued. The DeFi summer bonus continues to ramp up, log in to Binance Wallet now to seize the ecological opportunity.

The market research agency The Kobeissi Letter indicates that investors are accelerating the allocation of tokenized U.S. Treasuries, driving the continuous expansion of the on-chain U.S. Treasury market. Data shows that the total market value of on-chain U.S. Treasury funds has risen to a historical high of $16.2 billion, an increase of approximately 77% since the beginning of the year.Kobeissi points out that market growth is primarily driven by demand for on-chain yields. An increasing number of users are using tokenized U.S. Treasuries as collateral to borrow stablecoins and deploy funds into DeFi strategies to enhance capital efficiency. Some on-chain lending platforms support looping leverage strategies, allowing users to repeatedly collateralize tokenized Treasuries, borrow stablecoins, and reinvest in the market, with some strategies offering annualized returns exceeding 10%.Kobeissi believes that as traditional financial assets continue to go on-chain, tokenized U.S. Treasuries are becoming an important infrastructure for on-chain finance and may become a significant component of future on-chain capital markets.

According to DeFiLlama's latest "Tokenized Stock Research Report," tokenized stocks are becoming one of the fastest-growing sectors, with active market capitalization increasing from $814 million at the beginning of the year to $1.976 billion, a growth of over 140%. The report conducted a horizontal evaluation of the stock product architecture, market trading data, and liquidity performance of mainstream platforms such as Binance, Bitget, Kraken, Bybit, Hyperliquid, and Ondo Finance.Data shows that in the liquidity benchmark test for the five stock spot markets of MSTR, SPY, QQQ, CRCL, and NVDA, the median bid-ask spread of Bitget's stock token rToken is only 0.83 basis points, and it has the deepest market liquidity among all sample markets. In the execution benchmark test covering 36 stock perpetual contracts and 8 types of metal and commodity perpetual contracts, Bitget maintains a significant lead in depth on about 90% of trading pairs.DeFiLlama points out that as the tokenized stock market continues to mature, liquidity and trade execution quality are becoming key differentiating factors in platform competition. With lower trading costs and a deeper order book, Bitget provides a more efficient trading experience for institutional and retail users.

The decentralized stablecoin USDD has released its treasury report for the second quarter of 2026. The report shows that USDD's total revenue for the quarter was $7.66 million, a month-on-month increase of 21.6%, setting a new quarterly record; net profit was $7.63 million, with expenses of $24,800, and a treasury balance of $7.63 million, bringing the total treasury balance to $21.54 million. The significant growth in Q2 revenue once again demonstrates a strong self-sustaining ability, manageable risks, and the capacity to continuously generate real returns, continually establishing itself as a solid infrastructure in the DeFi and AI payment financial systems.According to data from the official website, the current supply of USDD is $1.59 billion, with a TVL of $2.28 billion, and the Smart Allocator has cumulatively generated and distributed earnings of $24 million.

UPBIT will launch KRW and USDT trading for the Defi App (HOME) on August 4 at 17:00. Users can make deposits within 2 hours after the announcement is released.Please note to ensure that the network is HOME-Base when making deposits.

Boltzhq has indefinitely suspended its exchange service following reports of an increase in AI-assisted attacks and multiple controlled exploitations.Due to its non-custodial design, user funds have never been at risk, but wallets relying on Boltz for Lightning Network exchanges, including AquaBitcoin and BULLBITCOIN, experienced service interruptions during the deployment of alternative infrastructure.

According to the Wall Street Journal, asset management company Hashdex announced that it will close and liquidate its Hashdex Bitcoin ETF (NYSE Arca: DEFI), which had approximately $14.7 million in assets under management as of July 30.Hashdex's products aimed at U.S. investors currently manage over $200 million in assets. It was disclosed that the last trading day for the fund's shares will be August 17, after which it will stop accepting subscription orders from authorized participants and will delist from NYSE Arca.Shareholders who still hold shares as of the last trading day will receive a cash liquidation distribution, expected to be paid around August 28, with the distribution amount reflecting factors such as Bitcoin price fluctuations during the liquidation period. Hashdex stated that the decision to close was based on a comprehensive assessment of factors including asset management scale, trading liquidity, operating costs, and investor interest.

According to financing data statistics from RootData, in July 2026, the crypto primary market disclosed a total of 46 financing events, with a total financing amount of approximately $2.235 billion, representing a month-on-month increase of about 148.9% compared to approximately $898 million in June, and a year-on-year increase of about 90.0% compared to approximately $1.176 billion in July 2025. The number of financing events increased by 4.5% compared to 44 events in June, but decreased by 41.0% compared to 78 events in the same period last year. Additionally, there were 18 merger and acquisition events not included in the above statistics.From the perspective of sector distribution, CeFi was the highest amount sector this month, completing 9 financings with a disclosed amount of approximately $1.230 billion; the infrastructure sector completed 12 financings with a disclosed amount of approximately $413 million, ranking first in the number of events; DeFi completed 11 financings, but the disclosed amount was approximately $34.25 million, overall showing a characteristic of "active quantity, smaller amounts."The top three projects by financing amount were: Crypto.com ($400 million), Ionic Digital ($400 million), and Securitize ($400 million). In addition, projects such as Augustus ($180 million), Alpaca ($135 million), Prime Intellect ($130 million), and Gauntlet ($125 million) also received significant financing. The top five financing projects this month totaled approximately $1.515 billion, accounting for about 67.8% of the overall disclosed financing scale.Overall, the crypto financing market in July showed a significant rebound in terms of amount, with Coinbase Ventures, Dragonfly, Hack VC, and others remaining active, and capital mainly flowing into trading platforms, asset tokenization, institutional-level financial infrastructure, and AI/computing power-related infrastructure projects.

GameFi project DeFi Kingdoms announced that its DFK Chain, based on Avalanche L1 (formerly Avalanche Subnet), will officially cease operations on August 28, 2026.The team stated that they will prioritize the secure migration of player assets to Avalanche C-Chain and plan to open the SDK to allow third-party developers to build on the systems, mechanisms, and assets of DeFi Kingdoms.The official emphasized that it is the DFK Chain that is ceasing operations, not the DeFi Kingdoms project itself, and more details about the asset migration will be announced in the coming weeks.

According to Jinshi reports, the Caspian Pipeline Consortium (CPC) may suspend oil operations until it receives security guarantees from other countries; discussions are currently underway regarding an "indefinite" suspension of oil and tanker operations.

According to the DeFi Active TVL ranking, Monad ranks third globally with $367.1 million, only behind Ethereum ($2.047 billion) and Solana ($484.5 million).Monad has become one of the fastest-growing emerging Layer 1 public chains in the RWA track.

The Binance research report shows that in the first half of 2026, the on-chain market contracted overall rather than experiencing capital rotation. The total locked value in DeFi across the entire chain decreased by $43.4 billion, a decline of 38%; the total market capitalization of the six major mainstream Layer 1 public chains covered in the report decreased by $246.5 billion, a decline of 42%. The Ethereum spot ETF holdings dropped from over 6 million ETH to 5.2 million, while the holdings of digital asset reserve companies increased from 6 million to 7.7 million, indicating a change in marginal holding structure.The report also pointed out that after the increase in Ethereum's Gas limit, the average Gas price decreased by 75% compared to 2025, and the number of transactions grew by about 50%, but the annual on-chain revenue is still expected to decline by 53%. User activity on Layer 2 general networks significantly weakened, with user operations dropping by about 77% from January to June 2026. The Solana network's REV fell from $40 million in January to $14 million in June.On the other hand, BNB Chain performed outstandingly in the field of tokenized stocks and tokenized real-world assets, with the market share of on-chain tokenized RWA increasing from 9.8% to 13.5% in the first half of the year. The report also mentioned that prediction markets, DEX, lending, and tokenized RWA remain among the few major directions that maintain activity.