Decentralized finance — protocols, yields, stablecoin flows and on-chain activity.
HYPE token slides 10.3% in a week as Hyperliquid ETFs post first-ever net outflows of $13M, while Grayscale publishes a bull case projecting $1B in 2027 earnings.
Luno is cutting 20% of its global workforce as July crypto layoffs hit 12 firms and 894 workers. Bitcoin sits at $63,997 with Fear & Greed at 28.
Morpho signs its first major Hong Kong deal, deploying on HashKey's HSK Chain as official on-chain credit partner in a push for institutional CeDeFi in APAC.
Morgan Stanley Investment Management lists Ethereum and Solana ETPs on NYSE Arca with a market-low 0.14% fee and staking rewards passed directly to investors.
Two-developer NFT gacha protocol Fake World Assets hit $1.6M in daily fees on July 25, overtaking Solana's Collector Crypt and ranking second only to Sky on Ethereum.
Ondo Finance has abandoned its layer-1 blockchain plans, launching the Ondo Network — an offchain execution layer built on secure hardware enclaves with onchain settlement.
Lido's Curated Module v2 migrates 8M+ staked ETH to a bond-backed operator model, potentially cutting Ethereum's total validator count by roughly one-third.
Mirae Asset plans to rebrand South Korea's Korbit crypto exchange as Digital X, targeting tokenized real-world assets, stablecoins, and digital finance services.
Ripple has launched Ripple Mint, giving institutions API-driven access to mint and redeem RLUSD as the stablecoin's market cap nears $1.6 billion.
Tokenized real-world assets hit $25.1B on Hyperliquid in the week of July 13–19, claiming 52% of the DEX's $48.2B weekly volume — a first for the platform.
