News linked to both this project and an event.
Odaily reports: Prediction marketplace Trueo plans to migrate from Base to Ethereum, stating that Ethereum's mainnet can provide broader integration opportunities and product development space. Trueo launched on Base in March 2025.After the migration is complete, Trueo will prioritize attracting liquidity and launch a next-generation oracle system for verifying real-world outcomes and settling prediction markets. Trueo stated that integration on Base was primarily limited to its own ecosystem.Trueo co-founder Lumberg said Ethereum is suitable for building a credibly neutral oracle system and prediction marketplace. According to DefiLlama data, Trueo is currently the 14th-ranked platform by total value locked among on-chain prediction markets, with approximately $795,700 in TVL. (Cointelegraph)
Odaily News: Stablecoin protocol Frgmnt has partnered with digital asset custody and infrastructure company Anchorage Digital to open fUSD and sfUSD infrastructure to institutional clients. Clients can hold, mint, stake, and redeem the related protocol assets within Anchorage Digital's existing custody environment without needing to establish separate custody arrangements.Frgmnt issues two related assets on Base, with fUSD minted from USDC and deployed to designated onchain lending markets; users can stake fUSD to receive sfUSD and earn rewards generated by the protocol's strategies. Related holdings and performance metrics can be monitored through Frgmnt's analytics tools, Dune, and DefiLlama.Anchorage Digital operates Anchorage Digital Bank, the first federally chartered crypto bank in the United States, providing custody, staking, trading, and settlement services to institutional clients. Frgmnt stated that protocol deposits will be opened in capped batches, with the next round of deposits planned for September. (Bitcoin.com News)
Odaily News: Digital asset trading platform Gate has released its August 2026 Transparency Report. The report shows that in August, multiple Gate business lines received recognition from institutional data providers including CoinDesk, CryptoQuant, CryptoRank, and DefiLlama. Among them, Gate's stock perpetual contract trading volume grew 308% month-over-month, maintaining triple-digit growth for three consecutive months; the RWA perpetual contract open interest (OI) market share reached 49.6%, ranking first globally among centralized trading platforms. Meanwhile, Gate's 24-hour spot and derivatives trading volume stood at approximately $9.5 billion, with open interest reaching $12.48 billion, both ranking among the global top three; 30-day net inflow reached $308.1 million, ranking second among mainstream trading platforms.In terms of traditional financial asset trading, Gate's CFD business continues to expand its asset coverage, now covering 680 trading pairs, spanning major TradFi assets including forex, metals, energy, indices, and stocks. In terms of overall TradFi product layout, Gate now covers over 1,000 TradFi assets, with stock derivatives covering more than 360 underlying assets, both ranking first globally, further enhancing its multi-asset trading matrix.As digital assets and traditional financial markets continue to converge, Gate is steadily expanding diverse trading scenarios including stocks, RWA, CFD, and derivatives. By enriching asset supply and trading tools, it is further improving its comprehensive trading infrastructure that connects digital assets with traditional financial markets.
: Ethereum Layer 2 network Mantle has launched USDG, a stablecoin issued by Paxos, and joined the Global Dollar Network as a partner. USDG has become one of the first stablecoins natively minted on Mantle, with Mantle eligible to receive a portion of the rewards generated by USDG activity.USDG has a market capitalization of approximately $3.18 billion, ranking as the seventh-largest stablecoin by DefiLlama data. The stablecoin is issued by Paxos and complies with regulatory frameworks in Singapore and the European Union, with Paxos publishing monthly reserve reports.The Mantle ecosystem also offers Agora's AUSD, Ethena's USDe, and Tether's USDT0. Mantle stated that USDG will be used for DeFi applications within the ecosystem and institutional capital allocation.As of Wednesday, Mantle's distributed real-world asset value stood at $234.2 million, up 19% over the past 30 days. (Cointelegraph)
According to official announcements, Ondo Finance revealed a series of ecosystem milestones, covering data on Ondo Perps and Ondo Stocks, reflecting the continuous growth of its on-chain market. Notably, since its launch in July, open interest for Ondo Perps has steadily climbed, currently surpassing $100 million, with particularly strong performance in recent weeks; meanwhile, according to DefiLlama data, Ondo Perps has ranked among the top three global RWA perpetual contract trading platforms, demonstrating market demand for RWA derivatives. Furthermore, since its launch in September 2025, Ondo Stocks has surpassed 270,000 cumulative holders, with the growth in holder count primarily driven by new participants rather than increased position sizes by a small number of existing accounts.
According to Cryptopolitan, data from the on-chain data platform DefiLlama shows that as of August 18, the active deposit size of Real World Assets (RWA) in DeFi protocols has reached $3.98 billion, representing an approximately 6-fold increase compared to $651 million a year ago; three years ago, this figure was only $12 million. The current total issuance of tokenized RWA is $34.55 billion, but the actual on-chain utilization rate is only about 11.5%. Of this, private credit accounts for over half of the active total with $2.13 billion, bonds contribute $799 million, and reinsurance contributes $406 million. In contrast, the utilization rate of tokenized treasury bonds is extremely low—BlackRock BUIDL issuance reaches $2.74 billion, but on-chain deployment is only $18 million, with a utilization rate of only 0.66%; Franklin Templeton BENJI utilization rate is zero. Analysis points out that such products are designed specifically for institutional cash management, where holders pursue treasury yields rather than lending capabilities; tokenization only improves settlement efficiency and does not convert them into collateral.
Odaily News, DefiLlama founder 0xngmi, of the crypto data analytics platform, stated that the team spent months asking Apple to remove phishing apps impersonating DefiLlama from the App Store, which delayed the mobile app's launch until all such counterfeit apps had been removed. 0xngmi noted that after the team downloaded one of the malicious apps and documented a small crypto wallet being stolen, Apple removed it within days. In 2024, the App Store also saw counterfeit apps impersonating Rabby Wallet and Curve Finance; in November 2023, a fake Ledger Live app on the Microsoft Store siphoned off $588,000 across 38 transactions. (Cointelegraph)
Odaily News: Andre Cronje, founder of DeFi platform Flying Tulip and creator of Fantom Network, stated that most DeFi protocols are no longer truly decentralized, with only a few niche areas still qualifying as DeFi. He believes DeFi has evolved into "on-chain finance" or "open finance." He pointed out that true DeFi should possess characteristics such as decentralization, immutability, and the absence of intermediaries, whereas the intermediaries in most current protocols have become corporations, taking on traditional financial institution roles such as decision-makers and risk committees. Cronje noted that this does not mean true DeFi has completely disappeared, as some protocols are still innovating. Data from DefiLlama shows that the total value locked (TVL) in DeFi has dropped from $167 billion in early October 2025 to $75 billion at the time of the original report over the past 10 months, a decline of more than half. In a working paper published in March, the European Central Bank (ECB) analyzed Aave, MakerDAO, Ampleforth, and Uniswap, finding that based on holding snapshots from November 2022 and May 2023, the top 100 addresses holding governance tokens in these protocols each controlled over 80% of the token supply. The ECB consequently questioned the level of decentralization of these DAOs and whether they should continue to be regarded as "fully decentralized" services exempt from the Markets in Crypto-Assets Regulation (MiCA). (Cointelegraph)
According to Odaily, within a week of its launch, Robinhood Chain has processed over 17 million transactions, reached nearly 350,000 addresses, has a protocol TVL of approximately $250 million, and a DEX trading volume exceeding $1 billion. This Arbitrum-powered blockchain recorded a trading volume of $568 million on Wednesday and over $350 million on Thursday, with more than 5.2 million transactions in 24 hours and 213,000 active addresses.Data from DefiLlama shows that Robinhood Chain's 24-hour DEX trading volume is approximately $433 million, ranking fifth among all blockchains and surpassing Hyperliquid. Its TVL has risen to around $94 million within a week, with a stablecoin balance exceeding $260 million. The market cap of Cash Cat has surpassed $180 million, while Robinhood-themed tokens such as Dog In Hood, Hoodrat, and Robinhood Summer have seen gains of hundreds to thousands of percentage points. ARB has risen by 20%, as Robinhood Chain operates on the Arbitrum technology stack and returns 10% of its net protocol revenue to the Arbitrum ecosystem (Decrypt).
Bitget released its April 2026 transparency report, detailing the latest developments in its core businesses, including tokenized stocks, AI trading infrastructure, and IPO Prime. Data shows that in April, Bitget's average daily trading volume remained stable above $10 billion. According to DefiLlama statistics, its net inflow for the month reached $359.37 million, ranking second among centralized exchanges. Furthermore, Bitget secured the second position globally in stock perpetual futures market share for the first quarter.On the product ecosystem front, the adoption rate of AI trading tools such as GetAgent, GetClaw, Agent Hub, and Gracy AI continues to rise, empowering users with intelligent trading experiences through the UEX system. In terms of innovative products, Bitget launched IPO Prime, a subscription service for US stock IPOs, extending the product boundaries of UEX into the primary market. According to rwa.xyz data, its first-phase projects ranked third globally among tokenized private equity and VC assets.