on-chain

According to official news, Uniswap has launched the Earn feature in the Web App and Wallet, allowing users to deposit USDC, USDT, and ETH into the on-chain lending market to earn interest. Earn completes deposits with a single signature, with funds fully self-custodied, no lock-up period or cooling-off period, and can be withdrawn at any time.The underlying infrastructure is provided by Morpho, and Gauntlet is responsible for portfolio configuration, currently running on the Ethereum mainnet. Users can select the amount to deposit on the Earn page; if they do not hold the corresponding assets, they can first exchange or purchase them within Uniswap before depositing. There are no additional Uniswap usage fees, only network transaction fees, and earnings and holdings can be viewed uniformly in the Portfolio.

According to a report by Chainalysis, the 2026 World Cup has driven on-chain prediction market trading volume to reach $20 billion since January, along with $24 million in digital collectibles trading volume since May 2025. During the five-week period of the event, nearly 400,000 wallets interacted with the on-chain prediction market, generating approximately $5.7 billion in trading volume, with World Cup-related markets accounting for about 63% of the total prediction market volume during the same period.In addition, FIFA's official digital collectibles platform, FIFA Collect, allows around 100,000 fans to exchange digital assets for match tickets, and its strict KYC process means that the platform has almost no exposure to illegal funds compared to decentralized prediction markets.

According to official news, Alliance has launched Onchain Atlas, an experimental encyclopedia of on-chain mechanism design. It currently covers 462 records from 2011 to 2026, organizing hundreds of blockchain experiments from 2011 to the present along a timeline, covering core areas such as AMM, liquid staking, stablecoins, and NFTs.Each product includes its complete history: what was done right, what was done wrong, and an interactive simulator where users can adjust key variables and see the product's response in real-time. The project aims to promote the birth of the next generation of on-chain unicorns by reviewing historical inspirations. Atlas prioritizes primary sources such as contract code, official documents, and founder retrospectives, with all entries compiled and analyzed by AI research agents, published after quality audits and editorial checks.

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.

According to Aave founder Stani Kulechov, after completing a comprehensive review, Aave will gradually phase out 50 low adoption rate asset reserves across multiple deployment environments and orderly stop deployments on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, involving an additional 25 asset reserves.In addition, 21 expired Pendle PT assets will also be eliminated and replaced by new expiring assets. This adjustment involves approximately $98.1 million in supply assets and $15.6 million in debt. Stani stated that this move aims to reduce the economic and technical risks of the protocol based on the new Aave risk framework and technical asset listing framework, and Aave will continue to assess the risks of assets in each deployment environment.

On-chain data shows that the cumulative destruction amount of the JST black hole address has exceeded 1.604 billion, with the current on-chain value approximately 161 million USD. Since the launch of the buyback and burn plan, JustLend DAO has completed four rounds of buyback and burn driven by real protocol revenue, all operations are publicly traceable on-chain.As of now, the cumulative destruction amount of JST has surpassed 17% of the total supply, and the deflation process continues to deepen. As a core infrastructure of the TRON DeFi ecosystem, JustLend DAO will continue to promote the iterative upgrade of the buyback and burn mechanism, supported by real protocol revenue, continuously strengthening the deflationary path of JST, and creating a more certain long-term value anchor for holders.

According to the latest weekly report from Gate Ventures, global risk assets are under pressure due to adjustments in technology stocks, fluctuations in the energy market, and changes in macro expectations, with the cryptocurrency market showing a volatile recovery trend. BTC rose 1.1% over the week, ETH rose 4.4%, pushing the ETH/BTC ratio up by 2.2%, and the total market capitalization of cryptocurrencies increased by 1.03%. In terms of capital flow, the net inflow for spot BTC ETFs was only $33.8 million for the week, the lowest level since their launch; the net inflow for spot ETH ETFs during the same period was $103.9 million, indicating an improvement in market sentiment, with the Fear and Greed Index rising to 30, but still in the "fear" range. Meanwhile, the price of STRC under Strategy remained around $86, trading below par for the ninth consecutive week, with the institutional holding ratio continuing to increase, and the market is paying attention to its subsequent performance.In terms of industry development, stablecoin payments and the construction of blockchain financial infrastructure are continuing to advance. KB Kookmin Bank is collaborating with Kinexys, a subsidiary of JPMorgan, to explore blockchain-based cross-border payment services, further promoting traditional financial institutions' layout in on-chain payment scenarios; Kakao and Circle are exploring the payment infrastructure for a Korean won stablecoin, accelerating the application exploration of stablecoins in retail payments and cross-border settlements. In terms of investment and financing, a total of 8 financing transactions were completed last week, with a disclosed total financing amount of $196.5 million, among which the financing scale in the infrastructure sector was the highest, reaching $193 million, and the stablecoin clearing infrastructure project Augustus completed $180 million in financing. Overall, the market's short-term risk appetite remains cautious, but stablecoin payments, on-chain clearing, and financial infrastructure construction continue to attract capital attention.

According to official news, Base Build announced the launch of Base Verify Onchain to address the issue of witch attacks in the blockchain ecosystem. This feature has been launched on the Base Sepolia test network, allowing developers to implement the "one real user, one claim" rule in smart contracts. Base Build stated that traditional airdrop mechanisms are easily manipulated by bulk wallets, and a large number of rewards are often obtained by professional airdrop farmers, while users who genuinely participate in product development can only receive limited benefits.Base Verify Onchain helps project teams identify multiple wallets controlled by the same user by generating a stable identity hash for each real user, without needing to obtain users' names, account information, or other private data. Users can complete verification through existing accounts such as Coinbase, Instagram, X, and TikTok. The system then returns a verified identity credential to the smart contract, which automatically enforces rules such as claim limits, voting restrictions, or quota controls. Currently, Base Verify has been used over 300,000 times and serves collaborative projects such as Base App, Cody, Scratch, and Bracket. Base Build stated that Verify Onchain will provide fairer airdrops, token distributions, governance voting, and user incentive mechanisms for decentralized applications. Developers can use this technology to limit the number of claims per real user, allocate rewards based on real identities, or convert real-world signals into on-chain credibility, thereby reducing the impact of bots and multi-wallet manipulation on the fairness of Web3 applications.

According to PR Newswire, the on-chain execution infrastructure company Birdai Labs announced the completion of a $4 million seed round financing, led by Castle Island Ventures, with participation from Metalayer Ventures and The Venture Dept.Birdai Labs focuses on providing measurement, verification, and optimization infrastructure for transaction execution quality on high-performance public chains, aiming to reduce value loss between orders and executions caused by sorting and propagation, and to return more value to traders and market makers. The company's team comes from traditional financial institutions such as Franklin Templeton and Citadel, and is expanding its senior engineering and quantitative research team to adapt to on-chain execution competition under a multi-proposer architecture, and to provide verifiable fairness and transparency execution standards for future institutional participation in the digital asset market.

According to Onchain Lens monitoring, Arkham has supported tracking BlackRock's on-chain entities.

Dutch crypto finance protocol Tori Finance announced that its institutional-grade Delta neutral yield product strUSD has completed a $50 million pre-deposit fundraising before its official launch, reaching the cap in just 7 days. Tori stated that strUSD offers an annualized yield of approximately 12%, with returns derived from global arbitrage trading strategies traditionally used by financial institutions, rather than from the circulation of funds in the crypto market. This strategy achieves low correlation with crypto market cycles by borrowing in low-interest currencies, investing in high-interest markets, and utilizing foreign exchange hedging to lock in dollar returns.Tori founder Samed Duzcay mentioned that such trades were previously mainly participated in by large institutions like pension funds and banks, which typically required a funding threshold of tens of millions of dollars and involved complex processes such as local bank accounts, custody, tax, and compliance approvals. Tori opens up these institutional strategies to ordinary users through on-chain tokenization. Users can deposit USDC or USDT to obtain the synthetic dollar asset trUSD and stake to earn strUSD. This asset is based on the ERC-20 standard and can be integrated with DeFi protocols such as Morpho, Pendle, and Curve, and can also be used as collateral for lending to further amplify returns.Tori claims that the protocol constructs an on-chain balance sheet through zero-knowledge proofs and trusted execution environments, with independent verification agency Accountable conducting real-time audits of off-chain fund situations; digital asset investment firm RockawayX serves as the risk management party and anchor liquidity provider. Additionally, Tori's smart contracts have been audited by Sherlock and Nethermind, and Hypernative has been introduced for round-the-clock security monitoring, with all contract upgrades set to a 24-hour delay mechanism. Tori stated that its goal is to bring the neutral yield strategies used by traditional financial institutions for decades into the on-chain financial system, promoting the integration of real yields with DeFi infrastructure.

Ondo Finance announced the launch of the new Ondo Network, positioned as a high-performance execution layer, aimed at combining the trading speed of centralized exchanges (CEX) with the non-custodial and secure settlement capabilities of blockchain. Ondo CEO Ian De Bode stated that the Ondo Network is an "evolutionary version" of the previous Ondo Chain plan, and the company will not operate two networks simultaneously, but will adjust its original plan of building a complete blockchain to focus on the execution layer architecture.According to reports, Ondo initially planned to fully bring real-world assets on-chain through Ondo Chain, but after developing the Ondo Perps perpetual contract trading platform and communicating with users, it was found that the current market's core bottleneck is not asset settlement, but trading execution efficiency. The Ondo Network adopts a separated architecture for execution, validation, and settlement, using secure hardware to isolate the execution environment, which enhances trading speed while maintaining user asset self-custody, verifiable transactions, and permissionless blockchain characteristics.Currently, Ondo Perps has become the first application built on this network, supporting 24-hour trading of stock and commodity perpetual contracts, and allowing the use of tokenized real assets as collateral. Ondo stated that in the future, the network will also support applications requiring high performance, privacy protection, and verifiable execution, such as spot trading, lending, and structured products. In addition, the launch of the Ondo Network will not change the positioning of the ONDO token. The CEO stated that ONDO will still serve as the governance and incentive token for the Ondo RWA ecosystem and market infrastructure, and as the network gradually decentralizes, ONDO will be used to coordinate the incentive mechanisms for validation nodes, observers, and ecosystem participants.

Circle announced the acquisition of IBM's blockchain patent portfolio, which includes over 680 patent families and nearly 1000 granted patents, covering areas such as underlying blockchain technology, banking, financial services, insurance, enterprise infrastructure, supply chain verification, and secure cloud operations.After this acquisition, Circle stated that it has become a leading company in the United States for blockchain patent holdings and will further support USDC, Circle Payments Network, Arc, and other on-chain financial products and infrastructure development. Both parties also expressed their intention to explore more business cooperation opportunities in the future.

According to Caixin, Zhao Yao, a special researcher at the Payment and Clearing Research Center of the Financial Research Institute of the Chinese Academy of Social Sciences, stated that recent offshore digital asset platforms have launched on-chain trading products around Chinese technology companies such as Changxin Technology. This indicates that global digital financial platforms are creating trading exposure around high-quality Chinese technology assets, organizing price expectations, trading liquidity, and cross-border capital entry in advance. Although these products do not correspond to A-share equity, they are synthetic perpetual contracts or pre-market perpetual contracts settled in stablecoins such as USDC and USDT. However, if offshore platforms take the lead in forming a continuous trading market for technology assets, it may weaken the pricing dominance of domestic capital markets over technology assets.Zhao Yao suggested accelerating the construction of digital financial infrastructure for the renminbi, promoting the coordinated development of tokenized deposits by commercial banks, wholesale CBDC, and tokenization of technology assets, and exploring pilot projects for technology asset tokenization in Hong Kong to enhance the capital organization capability and international pricing power of the renminbi in global technology financial competition.

Coinbase Institutional and Glassnode released the report "Charting Crypto Q3 2026," maintaining a neutral outlook on the crypto market.The report shows that on-chain data indicates Bitcoin may be transitioning from a correction phase to an accumulation phase, but the Fed's hawkish stance, weak spot ETF demand, and geopolitical risks continue to pressure the market outlook.