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BTC $84,199.22 -0.10%
ETH $2,678.08 -0.53%
BNB $777.95 +0.73%
XRP $1.51 -0.07%
SOL $121.83 +0.92%
TRX $0.3338 +0.15%
DOGE $0.0964 +0.37%
ADA $0.2562 +1.92%
BCH $329.12 -1.38%
LINK $14.04 -0.05%
HYPE $90.48 -2.41%
AAVE $153.30 -0.87%
SUI $1.26 +9.32%
XLM $0.2171 +1.10%
ZEC $1,575.44 -4.26%
AAPL $340.25 -0.04%
AMZN $249.30 -0.07%
GOOGL $343.10 -0.02%
MSFT $515.70 -0.36%
META $737.89 -1.22%
NVDA $224.81 +0.15%
TSLA $371.76 -0.12%
SNDK $1,753.07 -0.97%
INTC $121.84 -1.64%
SPCX $149.37 +0.55%
MU $1,076.80 -1.14%
AMD $626.66 -0.36%

ust

UST is an algorithmic stablecoin in the Terra blockchain ecosystem, designed to maintain a value peg to the US dollar through smart contract mechanisms. The supply of UST is dynamically adjusted based on market demand to ensure price stability. As a core component of the Terra platform, UST is widely used in payments, lending, and decentralized finance (DeFi) applications. Its design goal is to provide a stable value storage and medium of exchange without the support of centralized institutions.
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Flash

Robinhood Chain Research Report: In August, on-chain Gas revenue reached 6.6 million USD, and DEX trading volume rose to 1.5 billion USD

According to a report released by Spartan Capital, Robinhood Chain will launch its mainnet on July 1, 2026. By the end of August, the on-chain DEX trading volume had risen to $1.5 billion, with a TVL increasing to $711 million, and on-chain gas revenue in August reached $6.6 million.The report shows that most of the trading volume in August came from Uniswap, with a single-day on-chain fee reaching $2.1 million on August 31. Robinhood is responsible for running the sequencer and receives about 90% of the on-chain fees. After deducting Ethereum settlement costs and the 10% licensing fee paid to Arbitrum DAO, the net income for August was approximately $6 million. Regarding Robinhood Earn, users deposit USDG and borrow through Morpho, with the deposit scale increasing from $9.5 million on July 1 to $456 million on August 31, accounting for 68% of Robinhood Chain's TVL at the end of the month. Users can earn an estimated annualized yield of about 7%, while the yield on the loan side was approximately 3.7% at the end of August, with the difference subsidized by reward funds provided by Morpho and its lending partners.Meanwhile, the Meme ecosystem of Robinhood Chain is growing rapidly. By the end of August, over 340,000 tokens had been issued on-chain, with application layer transaction fees reaching $114 million in August. The report states that the trading volume of Meme and tokenized stock trading pairs is also growing rapidly, with the trading volume of Meme tokens paired with Robinhood Stock Tokens reaching $518 million in August. The report points out that the current trading activity on Robinhood Chain is still mainly driven by crypto-native users, and Robinhood's own 27 million funded accounts have not yet been migrated to the chain on a large scale. The gas subsidies in the Robinhood wallet will continue until September 29, and the Earn yield is also planned to be gradually reduced.

Ondo Finance launched a smart portfolio customized and supported by BlackRock, bringing portfolio strategies on-chain

Ondo Finance has launched a new category of on-chain products, Ondo Intelligent Portfolios, which presents curated investment portfolios through a single transferable on-chain token. The first three portfolio tokens are constructed based on BlackRock's customized portfolio strategies for Ondo, allowing qualified investors in eligible jurisdictions outside the United States to gain relevant economic exposure through a single token.Traditionally, diversified, professionally constructed investment strategies typically required access through brokerage accounts and traditional fund structures. Now, these portfolios can be accessed through peer-to-peer transferable tokens issued by Ondo, available in users' existing wallets, exchanges, and DeFi applications, and support automatic rebalancing via smart contracts, programmable integration with the broader on-chain economy, and the combination of multiple asset classes within a single token.The three strategies are BLKHIon (High Yield), BLKDIGon (Diversified Growth), and BLKGRWon (High Growth). Holding the tokens provides economic exposure to the underlying asset baskets; each product is issued by Ondo Global Markets and tokenized by Ondo Finance. Investors only need to mint or redeem a single token to hold tokenized assets with weighted allocations, with positions, weights, and rebalancing visible on-chain in real-time.Lisa O'Connor, Head of Global Model Portfolio Solutions at BlackRock Multi-Asset Strategies, and Co-Chief Investment Officer of Global Solutions, stated that tokenization provides a new digital delivery pathway for portfolio strategies; Ian De Bode, Acting CEO and President of Ondo Finance, mentioned that such portfolios have never appeared on-chain before. Ondo plans to continue expanding this product line in the future.
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