Market Position - Aerodrome's daily trading volume reaches $800 million [1] - Aerodrome's Coinbase penetration is at 5% [1] - The remaining 95% market share represents infrastructure, not exchange competition [1]

RT Token Terminal 📊 (@tokenterminal)DEX volumes on @ethereum mainnet have doubled in the past month.ICYMI: @0xfluid accounts for ~50% of this growth. https://t.co/rt7AiEI5fo ...

Proof of Reserves & Transparency - Backpack Exchange commits to daily Proof of Reserves, aiming for near real-time proofs in the future [1][5] - The exchange's ledger is built on a global linear log of authenticated transactions, making it verifiable [3][4] - Backpack's Proof of Reserves covers all "physical" balances, including available balances, open orders, and unborrowed lends [9] - All balances in the order book are physical, ensuring liquidity is real and anchored by the public chain [10] - Perpetual Futures on Backpack realize PnL in real time, which is accounted for in the Proof of Reserves [11] Technology & Implementation - The exchange is fully verifiable, with every state transition executable and matchable against the publicly attested ledger [5] - State integrity attestations are a key step in Backpack's journey to trust minimization [3] - Fiat currencies in banks require minting "deposit tokens" to integrate with the token-based system [12] - ZK proof code is public for anyone to see, clone, and run [13] Future Development & Considerations - The company acknowledges the need to publish code and data publicly to enhance the "trust me bro" aspect [6] - Comprehensive analysis of reserves should be paired with robust margin risk analysis [10]

RT AB (@Abrlien)Build and Build 5 years of #BNB Hello Builders @BNBCHAIN 🚀🔸 Outperformed Bitcoin in 2025 with over 2x growth🔸 $2.1T DEX volume 30% in 2025🔸 $196B monthly record🔸 PancakeSwap $2T total volume 96% share🔸 30%+ global DEX market share🔸 $1.6M+ daily fees & ~6M tx/day🔸 Maxwell upgrade 0.75s blocks & 1.875s finality🔸 2025 vision 100M tx/day, gasless tx, smart wallets, AI, DePIN, RWA🔸 $500M from @NanoLabsLtd for BNB Strategic Reserve🔸 $500M from CEA Industries for BNB Treasury Strategykeep building ...

Decentralized Exchange (DEX) - Pi Network's leading DEX is PidaoSwap [1] - PidaoSwap is the premier decentralized exchange on PiCoreTeam [1] - PidaoSwap's token is $PI [1]

Market Overview - The report indicates rising confidence in the ongoing rally, driven by stablecoin inflows, strategic whale positioning, and fresh institutional demand [1] - Whales were actively buying back cryptocurrencies as the market rebounded last week [1] Stablecoin Market - The total stablecoin market capitalization increased by $2376 million [1] - Stablecoins (USDT & USDC) on Ethereum increased by $898 million, while on Aptos decreased by $131 million [1] DEX Trading Volume - DEX spot trading volume reached $95978 million last week, a decrease of 695% week-over-week [1] - DEX perps trading volume totaled $110794 million, a decrease of 854% week-over-week [2] Institutional Activity - 13 listed companies purchased 2923 BTC ($352 million) last week [2] - A mysterious institution created 6 new wallets and accumulated 221166 ETH ($9466 million) from FalconX, GalaxyDigital, and BitGo [2] - Many whales, including Arthur Hayes, are buying back the ETH they previously sold, even at higher prices [3]

BNB Chain Ecosystem Growth - DEX volume on BNB Chain reached $196 Billion [1] - Active addresses on BNB Chain exceeded 70 Million [1] - BNB Chain experienced the highest-ever net inflows [1] Institutional Adoption - Public companies are adopting BNB as a treasury asset [1] - Ticker changing to BNC on NASDAQ [1] Stablecoin Initiatives - Government-backed stablecoin plans are underway via @NanoLabsLtd $NA [1] Infrastructure Development - BNB is evolving into infrastructure for the next financial layer [1]

Key Features - Grvt 被评为顶级 Pre-TGE DEX [1] - Grvt 采用由 zkSync 提供支持的混合基础设施 [1] - Grvt 推出旨在从根本上改变人们投资方式的 Grvt Strategies [1] - Grvt 具有自托管功能 [1] - Grvt 采取合规方法 [1]

Market Performance - Sui's monthly DEX volume reached a new all-time high of $14.265 billion in July [1] - This indicates real onchain usage and real liquidity within the Sui ecosystem [1]

watching hyperliquid flip the script from "just another dex" to full infrastructure play• own chain instead of arbitrum dependency• hyperEVM running on alchemy• 3 major infra integrations in 2 weeksthis is what protocol maturation actually looks like ...