Core Insights - Binance has formed a strategic partnership with Franklin Templeton to develop new digital asset initiatives and investment solutions for a wide range of investors [1] - The collaboration aims to integrate Franklin Templeton's expertise in compliant tokenization of securities with Binance's global trading infrastructure [2] Leveraging Tokenization and Market Infrastructure - The partnership seeks to enhance transparency, efficiency, and accessibility in global capital markets by combining Franklin Templeton's tokenization experience with Binance's market infrastructure [3] - The companies plan to co-create products that offer competitive yields and improve settlement processes [3] Bridging Traditional and Decentralized Finance - The executives from both firms emphasized the potential of tokenization to connect traditional finance with decentralized finance [5] - Franklin Templeton has made significant investments in blockchain solutions, including its Benji Technology Platform for tokenized securities [5] Industry Implications - The partnership is timely, as institutional adoption of digital assets is increasing, driven by interest in tokenized funds and blockchain-enabled investment vehicles [8] - Both companies view the collaboration as a response to rising client demand for secure, regulated, and scalable digital asset products [8]

Core Insights - Ethena (ENA) has submitted a proposal to issue Hyperliquid's upcoming stablecoin, joining a competitive bidding process that includes companies like Paxos, Sky, Frax, and Agora [1][4] - The proposed stablecoin will be fully backed by Ethena's USDtb, which is issued in partnership with Anchorage Digital and backed by BlackRock's BUIDL fund [1][2] - Ethena has committed to directing 95% of net revenue from USDH reserves back to the Hyperliquid ecosystem and will facilitate the migration of existing USDC trading pairs to USDH [3] Company and Industry Summary - Ethena aims to provide institutional-grade cash management and on-chain liquidity through its USDtb stablecoin, which is fully backed by BUIDL [2] - The competition for the issuance of Hyperliquid's USDH stablecoin is intensifying, with nearly $400 billion in perpetual trading volume executed by Hyperliquid last month, making it a lucrative opportunity for stablecoin providers [4] - Validators are scheduled to vote on the proposals for the stablecoin issuance on September 14 [4]

Core Insights - MYX Finance's native token (MYX) experienced significant volatility, with over $40 million liquidated in a single day as its price surged from $0.10 to $16 over the past 60 days [1][2] - The token's price movement included a targeted short squeeze that escalated its value from $4 to $8, raising concerns about market manipulation [1][2] - MYX Finance, a decentralized exchange, has a total value locked (TVL) of $55 million and open interest of $5 million, which is significantly lower compared to competitors like HyperLiquid [2] - Despite its lower TVL, MYX has a fully diluted market value of $17.7 billion, closely rivaling HyperLiquid's market cap of $17.5 billion [3] - Over 80% of MYX's supply is currently locked, with only 197 million tokens in circulation, indicating potential for price manipulation due to the limited supply [3] - MYX has rapidly ascended to become the 36th largest cryptocurrency by market cap [3]

Core Insights - The governance token of Ethena (ENA) has surged to its highest value since late January, driven by the protocol's move to activate a fee switch that will distribute revenues to token holders [1][2] - The token reached 87 cents, marking an 8.3% increase in the last 24 hours and over 20% in a week [1][2] Group 1: Recent Developments - Binance announced it will list USDe, Ethena's $13 billion yield-generating token, which is crucial for enabling the fee switch mechanism [2] - Ethena generated $54 million in revenue last month and over $480 million since its launch in late 2023 [2] Group 2: Market Dynamics - The listing of USDe on Binance is expected to unlock $500 million for buybacks, according to a prominent investor [3] - Ethena's USDe token has grown significantly, increasing from $5.5 billion in mid-July to nearly $13 billion as investors seek yields [4] Group 3: Yield Generation Strategy - The strategy behind USDe involves using bitcoin, ether, and Solana as backing assets, generating revenue from positive perpetual funding rates [5] - USDe currently offers a 6.5% annualized yield for stakers, outperforming traditional money market funds and lending rates on DeFi platforms [5] Group 4: Expansion Initiatives - Ethena is participating in the digital asset treasury trend, with firms like StablecoinX and TLGY raising $530 million to acquire ENA tokens [6] - The protocol is also launching a native stablecoin for the Ethereum scaling network MegaETH and is considering entering the stablecoin issuance market for Hyperliquid's upcoming stablecoin [6]

#Ethereum keeps proving itself as more than a coin — it’s the foundation of decentralized finance. 🚀 ...

frozen.wlfi blacklisted sun's wallet containing $3b in tokens, which was 'decentralized finance', galaxy research shows 272 addresses, in 7 days, were frozen without governance vote andget this...75% of revenues flow directly to trump entities all on immutable code! ...

RT StellaSwap ☄️- Top DEX on Polkadot (@StellaSwap)Single-sided deposits is now LIVE! 🎉DeFi got much simpler on @Polkadot. Provide efficient liquidity with just a single asset.One-click, no complexities and full automation.How DeFi should be ⚡️@MoonbeamNetwork @ichifoundation ...

RT MatiFus (@MatiFuss)As an ambassador for the decentralized finance platform Pancakeswap since January 2025, I received the 5th anniversary merch !Thank you @PancakeSwap for this wonderful box and thank you for inviting me into your wonderful community 🥞 ❤️#pancakeswap #cryptocurrency https://t.co/RAdMG6LsIJ ...

Here are the top five altcoins making news with consideration for the justannounced Federal Reserve meeting over their transition to decentralized finance as well as a joint letter just put out by the biggest regulators in the world, the US SEC and CFTC. Watch today's whole video because let's start with Cardano and Chain Link. Two of the top altcoins in the space. Cardano to integrate with chain link >> and they gave us an absurd number for integration. We'll haggle it. We'll figure it out. They're good ne ...

Tokenized Assets & Onchain Finance - Ondo Finance launches Ondo Global Markets, offering a wide selection of tokenized U S stocks & ETFs onchain [1] - The platform aims to provide traditional finance liquidity to tokenized assets, starting on Ethereum [1] - Over 100 assets are currently available, with plans to add hundreds more [1] Industry Innovation - The launch signifies a major milestone for accessible investing through tokenized assets [1] - The development is characterized as "Wall Street 2 0," indicating a new era for onchain finance [1]