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GSR's latest report indicates that most DAOs in the crypto industry have structural defects in treasury management, with about 70% of treasury assets concentrated in the project's native tokens.GSR states that this asset structure may create a pro-cyclical negative feedback loop: when the price of the native token falls, the value of the treasury shrinks, while protocol revenue and market activity are affected, further increasing the financial pressure on the project.Project teams typically seek to hedge only after the token price has dropped, but by this time, the market's implied volatility has often risen, significantly increasing the cost of risk protection.GSR suggests that DAOs should separate operational reserves from long-term token holdings and consider using collar strategies to build downside protection, reducing the impact of market declines on the treasury and extending the project's funding usage cycle during bear markets.GSR believes that in the short term, more projects adopting hedging strategies may drive growth in trading volume in the crypto options market, but the impact on spot prices is limited; in the medium term, if the structure of DAO treasuries improves, it is expected to reduce systemic selling pressure in the market.

On August 7, WEEX announced that it has launched a limited-time zero transaction fee for GRVT, and users participating in trading can also share a 50,000 USDT airdrop. Activity period: 8/6 18:00 - 8/13 18:00 (UTC+8).During the event, all users with a daily GRVT spot trading volume ≥ 50 U can receive a 5 USDT contract bonus each day; inviting friends to participate in this event, an individual can earn up to 1,000 USDT in rewards.

Japanese Bitcoin treasury company Remixpoint released a performance announcement for its cryptocurrency operations. As of July 31, 2026, the company's Bitcoin lending principal amounted to approximately 1,501.27 BTC, with a total borrowing fee of about 12.44 BTC, approximately 133 million yen, accumulated from February to July.In addition, it has staked approximately 901.45 ETH and about 13,920 SOL, with total staking rewards amounting to approximately 28.89 million yen.

Retail investors in South Korea are shifting their focus from the growth story of asset management companies to market stability issues in the eyes of regulators, surrounding high-leverage trading of Samsung Electronics and SK Hynix.Since their debut on May 27, the first batch of single-stock leveraged products in South Korea has quickly become one of the most crowded trades in the current semiconductor rally of the Korean stock market. Sixteen single-stock ETFs and two ETNs designed around Samsung Electronics and SK Hynix allow investors to make directional bets of about 2 times on a single stock. The launch of these products coincided with the warming of the AI storage cycle, leading to a surge of retail funds into the market, pushing the total assets of the Korean ETF market to a historical high at one point.Winners on the fee side quickly emerged. Estimated by net asset size and fee rates, these single-stock leveraged ETFs generated nearly 3.7 billion won in management fees after about two months of operation. Samsung Asset Management took the lion's share due to the scale advantage and higher fee rates of its KODEX products, while Future Asset offered lower fees to gain market share. Early data from Korean media has shown that Samsung and Future Asset together account for over 90% of the net assets of such products, with liquidity further concentrating on leading products.However, this fee feast has also come with significant side effects. In mid-July, the South Korean Financial Services Commission stated that the market value and trading volume of single-stock leveraged products rose rapidly after their launch, with the weight of Samsung Electronics and SK Hynix in KOSPI once reaching 52%. Regulators also pointed out that the volatility of global storage stocks has significantly increased, and the high volatility of individual stocks like SK Hynix and Samsung Electronics, combined with product rebalancing trades, could amplify market shocks.Subsequently, South Korean authorities accelerated the tightening of regulations. Starting from July 31, the minimum margin requirement for individual investors investing in such products was raised from 10 million won to 30 million won, and cash was required to meet this requirement, with alternative securities no longer accepted; regulators also suspended the launch of related new products, restricted advertising, and strengthened spread management and investor education.There are signs that trading enthusiasm has cooled. Data from the Korean Exchange shows that after the introduction of new regulations, the daily trading volume of the 16 related single-stock leveraged/inverse ETFs dropped from about 10 to 12 trillion won (peaking at 15 to 20 trillion won) to around 1 trillion won (on August 3-4), and on August 5, it fell to as low as 919.8 billion won (first time below 1 trillion). There has been a slight rebound recently, with the trading volume of the 16 related ETFs at about 7.45 trillion won on July 27.

According to the official announcement, Bitget has upgraded the stock spot (rToken) fee structure. While maintaining a base fee rate of 0.05%, high-level VIP and PRO users can enjoy lower tier exclusive rates; using BGB to offset fees also provides a 20% discount.Among them, after applying the BGB offset, the VIP user Maker rate is as low as 0%, and the Taker rate is as low as 0.024%; the PRO user Maker rate is as low as 0.008%, and the Taker rate is as low as 0.01752%. During regular trading hours for U.S. stocks, orders will be routed to the underlying market via StockRoute and charged uniformly at the Taker rate; during weekends and holidays, internal matching periods will differentiate between Maker and Taker rates.

The on-chain financial experimental team TokenWorks announced that it has increased the proportion of fees from its Fake World Assets (FWA) protocol used for buybacks from 80% to 100%.TokenWorks also updated the distribution ratio of the repurchased tokens: 40% allocated to buyers, 30% allocated to depositors, and 30% for destruction. The v4 pool trading still retains a 1% fee for TokenWorks.

According to Hong Kong 01, the Hong Kong police updated information regarding the virtual currency Fun Coffee scam, revealing that as of August 5, a total of 255 related reports had been received, an increase of 30 from earlier, with total losses rising to approximately HKD 104 million. In addition, the Macau police arrested two women involved in 9 cases amounting to about 3.6 million Macau patacas.Regarding TVB artists who have hosted activities related to the Fun Coffee scam, the Hong Kong police stated that during the investigation, they would definitely contact the victims and relevant individuals to identify the mastermind behind the scam and their roles. Fun Coffee claims to be a large coffee investment enterprise in Phu Quoc, Vietnam, with a capital scale exceeding USD 1 billion. It entered the Hong Kong market by the end of 2025, packaging its image through marathons, banquets, social events, distributing flyers, and inviting artists to promote it, while registering a company, opening offices, and stores in Hong Kong. The actual operation was to lure citizens into downloading the app to complete tasks under the guise of investing in high-tech coffee equipment, gene optimization technology, and agricultural equipment, using Tether (USDT) and other cryptocurrencies for deposits. The platform promised annual returns of up to 197%--278%, with higher returns for larger amounts and longer deposit periods, and set up a commission structure to encourage recruitment. In July 2026, the Hong Kong Securities and Futures Commission listed it as a suspicious investment product. In late July of the same month, the app suddenly ceased operations, withdrawals became impossible, customer service went offline, and the offices and stores were vacated, leading to the collapse of the scam.

On August 5, WEEX Exchange announced that the platform launched Ant.fun (ANTFUN) on August 3 at 18:00 (UTC+8) and has initiated a limited-time zero transaction fee promotion, allowing users to share a 20,000 USDT airdrop for participating in trading. Activity period: 8/4 18:00 - 8/11 18:00 (UTC+8).During the event, all users with an ANTFUN spot trading volume ≥ 100 USDT can participate in sharing a 10,000 USDT prize pool based on their trading volume rankings, with the user ranked first receiving an exclusive reward of 800 USDT.

On August 5, WEEX announced that it has launched zero-fee trading for PREDIX (PDX), Uniswap (UNI), and NEAR Protocol (NEAR), and is offering a 20,000 USDT exclusive airdrop for newcomers. Event duration: 8/4 17:00 - 8/11 17:00 (UTC+8).

According to SolanaFloor, Solana's "Resource and Inclusion Fee" proposal SGP-0003 has entered the support stage. If it receives 15% active staking support, the proposal will proceed to a full governance vote.If implemented, the daily SOL burn amount is expected to increase from the current 650 coins (approximately $51,000) to a maximum of 9,000 coins (approximately $702,000).

According to monitoring by Hyperinsight, the current hourly funding rate for Changxin has dropped to -0.2430%. A negative rate means that shorts pay longs; based on the current rate, the simple annualized return is approximately 2129%.Calculating with a position of $10,000, shorts need to pay about $24.3 per hour, while longs receive an equivalent income; if the rate is maintained for 24 hours, the corresponding funding fee is about $583.3.The largest long position starting with 0x9a8 is the main beneficiary of this round of negative rates. Records show that since the morning of July 15, it has completed 183 funding fee settlements for CXMT, with a cumulative net income of about $991,400, achieving a return rate of about 45.9% on the initial capital.This whale currently holds a leveraged long position of 1,633,200 CXMT at 5 times, with a position value of about $12,742,000 and an average entry price of $6.6156. CXMT is currently priced at $7.80, with an unrealized profit of about $1,938,000 (89.7%), and the liquidation price is only $0.507.Based on the current position and a static rate of -0.2430%, this whale can earn about $31,000 in funding fees in the next hour; if maintained for 24 hours, this corresponds to about $743,000.This whale currently still has 7 buy orders not labeled as "only reducing positions" between $6.01 and $6.41, planning to continue buying 98,000 CXMT, with a nominal amount of about $609,000, and has not chosen to cash out the existing long position.

According to a report by Hong Kong 01, "Fun Coffee," which claims to be rooted in Vietnam, just entered Hong Kong at the end of 2025 and was warned by the Hong Kong Securities and Futures Commission in July 2026 for being a suspicious investment product. The company appears to be investing in the coffee business, but in reality, it is a virtual currency investment scam with annual interest rates as high as 222%, ultimately "collapsing" at the end of July.The victim group has over 370 people, with each person defrauded of hundreds of thousands of dollars. Multiple investment groups combined have a total of 4,000 people involved, with funds exceeding 1 billion Hong Kong dollars. A middle-aged woman in her 50s claims that she unknowingly became a shareholder and director of one of Fun Coffee's Hong Kong registered companies, and she has over a hundred "downlines." After being contacted by reporters, she has gone to the police to report the case. The police have received 115 reports, which have been handed over to the Commercial Crime Bureau's fraud investigation team for follow-up.The report states that Fun Coffee held a marathon event in Hong Kong at the end of last year, inviting artist Yuen Siu Cheung to host and distributing anti-fraud leaflets for promotion in various districts. The company's headquarters in Kowloon Bay and its storefront in Mong Kok are now empty, with notices of unpaid rent posted. The Securities and Futures Commission issued a warning on July 13, and the Vietnamese Ministry of Public Security also warned in May that it is suspected to be a Ponzi scheme.

NEAR Protocol announced that it has launched a staking payment feature for AI fees, allowing users to pay for confidential inference and continuous running agent fees by staking NEAR without the need for a credit card.The staked NEAR will be converted into computing points calculated monthly, with the scale of points increasing with the amount staked. The funds themselves are not consumed and can be retrieved after unstaking. All 43 models on NEAR AI (including Anthropic, OpenAI, Google, etc.) can be accessed through this staking mechanism.

According to official news, Gate's stock trading service has undergone an important upgrade, becoming the industry's first exchange to offer zero fees for trading U.S. stocks and ETFs. After the upgrade, buy and sell orders for eligible U.S. stocks and ETFs will not incur trading fees on the Gate platform, and there will be no minimum trading fees, account opening fees, or account maintenance fees, further reducing the cost for users to participate in the U.S. stock market.In addition to the platform trading fees, there may be third-party fees related to U.S. market settlement fees, regulatory fees, and ADR custody fees during the trading process. These fees will be executed according to the rules of regulatory agencies, clearing agencies, and custodial banks, and will be borne by users based on actual transaction conditions. Furthermore, after the zero-fee upgrade, U.S. stock trading will no longer count towards the total trading volume for VIPs.

According to Jinshi reports, the United States is considering charging foreign students who wish to work after graduation a fee of $100,000.

According to Jinshi reports, the Houthi armed forces in Yemen are considering imposing fees on merchant ships passing through the southern Red Sea. The Houthis announced a maritime blockade against Saudi Arabia on July 20, opening a new front against the United States and its allies, and expanding the scope of attacks on oil tankers. Sources say the Houthis are studying the imposition of fees on most vessels passing through the Bab el-Mandeb Strait, with the implementation time yet to be determined. This move aims to normalize the practice and increase pressure on the United States.

Uniswap founder Hayden Adams posted on the X platform in response to the controversy over the v4 fee switch, clarifying that "the reduction of LP fees" is a misunderstanding; the protocol fees are additive rather than deductive, and LPs still earn 30 basis points per transaction.Regarding the claim that "the protocol takes 25% of LP profits," he stated that on a 30 basis point pool, the protocol fee is 5 basis points, accounting for about 14% of the total transaction fees, and LPs have not lost any of their earnings. Hayden Adams also pointed out that centralized exchanges charge 100 to 200 basis points per transaction, making Uniswap's 5 basis point fee at the 30 basis point level 20 to 40 times cheaper. He also criticized some forked projects that charge 100% transaction fees but use uneven inflation set by token voting to "compensate" LPs.

GLC Research stated on X that Hyperliquid's "priority fee" mechanism has achieved great success, having generated over $5 million in revenue to date.Based on the average levels over 14 days and 30 days, the annualized buyback scale supported by this revenue has exceeded $30 million, accounting for about 7% of HYPE's total revenue. Considering that the "priority fee" is still in a very early stage, this figure is expected to continue to grow, with the annualized scale of this revenue likely to reach between $50 million and $100 million by the end of the year.

According to Onchain Lens monitoring, Hyperliquid collected $1.4 million in fees over the past day and burned 206,400 HYPE (worth $1.2 million).The historical cumulative burn amount has reached 47.27 million HYPE (worth $2.76 billion), accounting for 4.73% of the maximum supply of 1 billion coins.

According to the analysis by the crypto venture capital firm 1kx (@1kxnetwork), on-chain fees in the second quarter of this year decreased by 33% year-on-year, with DEX fees dropping by $625 million (-57%), mainly dragged down by Meteora, Raydium, and PancakeSwap, which together generated $1.5 billion in fees in the first half of last year; blockchain and MEV fees decreased by $362 million (-40%); launch platform fees fell by 57%, with Pump.fun contributing nearly half of the decline.Some sectors achieved counter-cyclical growth: perpetual contract and prediction market fees increased by 22% year-on-year, led by edgeX and Hyperliquid, with Polymarket contributing nearly $100 million in a single quarter; the lending and asset management sectors continued to grow, with Morpho, USDai, and Maple Finance each increasing by $9 million to $19 million; Canton Network added $179 million in L1 fees, but most of this was driven by incentives. Despite the overall decline in industry fees, token holder distribution returns remained stable, with Binance burn still accounting for a significant share, and protocols like Hyperliquid have incorporated buybacks and burns into their regular policies.