DeFi

The Continuous Clearing Auction contracts landed on Avalanche on Tuesday, extending a system that has already cleared Aztec at $59 million and priced Cap Labs at a $106 million FDV.

Open interest on Hyperliquid's tokenised-equity and commodity markets crossed $4 billion for the first time last week. Grayscale has put the CME market-maker threshold at $5 billion.

The proposal ends stkSEAM staking, distributes the treasury to SEAM holders and leaves the Base lending contracts in a withdrawal-only state that no admin can touch.

Roughly $14.56 billion has left USDT and USDC since mid-May, most of it in June. The GENIUS Act's yield ban is finally showing up in the supply data.

The V3 deployments listed for wind-down (Sonic, Scroll, zkSync, Metis, Soneium and Aptos) each earn Aave under $5,000 a quarter, and the same governance recommendation would erase $98.1 million of supplied assets from the books.

Proposal 100 takes roughly one-sixth of every swap fee and routes it into UNI burns. Liquidity providers keep their yields intact.

SEC Commissioner Hester Peirce says onchain vaults may fall inside US securities law. Europe wrote that answer a year ago: curators making allocation calls over pooled deposits are asset managers, and MiCA already says so.

Attackers hit three cross-chain systems in a six-hour window. AFX Trade lost $24 million from a compromised USDC custody bridge; Verus and B² Network gave up another $11.4 million between them.

The attacker held a registered price-feed forwarder and pushed future-dated reports through the vault. Roughly 10,540 ETH has since gone through Tornado Cash.

Risk Labs' relayer absorbed Friday's loss, sparing user deposits and keeping the intent-based architecture's central promise intact after nearly five years and $34 billion of bridge volume.

BonkDAO's treasury was drained of about $20 million in BONK tokens on Monday after an attacker spent roughly $4.4 million assembling the exact stake needed to force a governance proposal through a vote nobody else showed up for. Every step was a valid onchain transaction.

The DeFi yield aggregator Summer.fi lost about $6 million in DAI after an attacker used a $65 million USDC flash loan to distort the accounting of its Lazy Summer Vault, briefly pushing the displayed APY above two million per cent.

Aave V3 crossed $100 million on Monad within 48 hours of its 2 July deployment, powered by a $15 million incentive commitment from the Monad Foundation and a treasury acquisition of 10 million GHO — the sort of anchor tenancy new Layer-1s used to have to fight for.

Aave saw its strongest single day of Ethereum wallet creation in nearly five years on Tuesday, adding 1,806 addresses even as bitcoin closed under $60,000 and the fear-and-greed index sat at 13. The trigger is a mix of the V4 rollout, Smart Value Recapture revenue, and a Standard Chartered price note that circulated for a week.

Consensys is trying to turn MetaMask from a swap interface into a full self-custodial current account, routing stablecoin balances into Morpho for yield while letting users spend at any Mastercard merchant.

Kleros founder Clément Lesaege posted a 'Validator Redirected Revenue' proposal to ethresear.ch on June 21 that would let validators redirect 0-10% of staking rewards to public goods. If a majority signals support, the redirect becomes mandatory for the entire validator set.

Consensys's Agent Wallet runs through a CLI, lets an AI agent trade across ten EVM chains plus Hyperliquid, and routes any flagged transaction back to the user for 2FA approval. Early Access opens to 200 traders.

Every cirBTC is backed 1:1 by native BTC at a regulated Circle entity, with Chainlink Proof of Reserve verifying the float on chain. The launch is calibrated to siphon institutional flow away from WBTC and Coinbase's cbBTC.

HYPE crossed $56 on May 21 and Hyperliquid's fully diluted valuation overtook Solana's, while Bitwise and 21Shares ETFs combined for a record $25.5 million in net inflows the day before.

The biggest consensus overhaul in Solana's history is now running on validator infrastructure outside mainnet, with Anatoly Yakovenko targeting Q3 for mainnet activation. The change replaces Proof-of-History and TowerBFT outright.