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According to data from The Block, the trading volume of Hyperliquid's permissionless perpetual contract framework HIP-3 has risen from about 2% at the beginning of the year to approximately 50% currently, in line with the growth in retail demand for on-chain stock trading.This category is dominated by TradeXYZ, which operates XYZ100 (tracking the Nasdaq 100 index) and individual stock contracts for companies like Nvidia and Tesla, all settled in stablecoins rather than the underlying stocks. Compared to traditional options, perpetual contracts avoid time value decay, requiring only the payment of funding rates with no expiration date, making it more intuitive for retail traders accustomed to simple long and short operations.24/7 trading is another core selling point, allowing traders to react instantly to news or earnings reports without waiting for the market to open. However, the underlying stocks are still only traded during market hours, and outside of trading hours, HIP-3 prices rely entirely on oracles and funding rate mechanisms for anchoring, which has not been fully validated compared to native 24/7 assets like cryptocurrencies.

According to TenArmorAlert monitoring, the BSC chain contract VECAndETH suffered a suspicious price manipulation attack, resulting in a loss of approximately $109,600.

The Bitcoin mining pool OCEAN announced on platform X that the backend of OCEAN will be upgraded to independently follow multiple chains in the event of a BIP 110 chain fork.If a fork occurs, DATUM miners will automatically continue to operate on the chain executed by their nodes, and OCEAN will record the rewards of that chain in the fork share log based on the ongoing operation and service terms of that chain. OCEAN will effectively operate as two mining pools from the fork point, and the updated service terms will be published before block 961,632.

Coinbase co-founder and CEO Brian Armstrong posted on the X platform, publicly acknowledging that the creator coin previously promoted by the Base chain has not succeeded and that a strategic adjustment was completed earlier this year.Armstrong stated that Base's current core focus areas are trading, payments, and AI agents, which are interconnected—payments require foreign exchange trading, and AI agents will also involve a large number of trading and payment scenarios. Currently, most resources have been concentrated on the trading track.

New Hampshire Governor Kelly Ayotte signed HB 639 into law last week. The bill is known as The Blockchain Basic Laws, which provides protection for cryptocurrency innovation and use in the state, and allows for the establishment of special blockchain dispute case files in the superior court.New Hampshire passed a strategic Bitcoin reserve bill last year, allowing the state treasurer to invest up to 5% of public funds in Bitcoin, as well as precious metals like gold and silver. The state's executive council rejected a proposal last week that would have allowed the New Hampshire Business Finance Authority to promote Bitcoin-supported municipal bonds.

Uniswap announced that teams can now directly configure and initiate Uniswap Auctions in the Uniswap Web App. This feature is supported by Continuous Clearing Auctions (CCA), which are used for on-chain token distribution, price discovery, and liquidity guidance.According to reports, CCA is now live on the Robinhood Chain, allowing teams to run token auctions on-chain, discover more market-oriented issuance prices, and launch liquidity on Uniswap v4 after the auction ends. Previously, projects like Aztec and Cap have used Uniswap Auctions for permissionless and transparent on-chain token distribution.Uniswap stated that the new launch process supports importing existing tokens or creating new tokens, and allows for configuring auction parameters and liquidity pool settings after the auction. The current interface supports Ethereum, Base, Arbitrum, and Unichain, with plans to expand to more chains in the future.

According to CoinDesk, a wholesale digital market report supported by the UK Treasury lists Ripple as one of the core participants, planning to transition repurchase agreements (repo), UK government bonds (gilts), and funds from the regulatory sandbox to the real market within the next 12 months, with an expected annual increase of about £33 billion in output and £14 billion in tax revenue for the UK economy over the next decade.The report proposes a hybrid architecture that overlays a permissioned institutional network on top of a public chain, using BlackRock's tokenized money market fund BUIDL on Ethereum as an example, while also noting that the finality risk of settlements brought about by public chain restructuring remains to be resolved. The report also mentions Ripple's acquisition of Hidden Road (renamed Ripple Prime) and Santander UK's use of the Ripple blockchain for cross-border payments, suggesting that traditional finance and crypto institutions are converging.

Japan's largest securities token issuance and management platform, Progmat, has completed its migration to the Avalanche blockchain, transferring all managed tokenized assets worth over 452 billion yen (approximately 2.7 billion USD) from a Corda 5-based permissioned chain to a dedicated Avalanche Layer 1. This migration was announced in February this year and was completed as scheduled, without affecting the normal operations of financial institutions.Progmat stated that the new architecture no longer relies on a single blockchain and can support future multi-chain expansion. All smart contracts have been migrated to the EVM environment, and while maintaining the original functionality, the speed of asset rights transfer processing has increased by 3 to 5 times, with the final confirmation time for transactions reduced to under 2 seconds. Progmat was initially incubated by Japan's largest bank, Mitsubishi UFJ Trust and Banking Corporation (MUFG), and became an independent operation in 2023. It currently has the support of major Japanese financial institutions such as Mizuho Bank, Tokyo Stock Exchange, and SBI, holding a 53% market share in Japan's securities token market and accounting for 64.6% of the total issuance scale of securities tokens, covering most tokenized real estate and corporate bond projects.In addition, Progmat established a working group for the tokenization of Japanese government bonds and on-chain repurchase (Repo) in May this year, collaborating with asset management institutions, banks, and securities companies to research the tokenization of Japanese government bonds and explore application scenarios such as 24/7 trading and T+0 real-time settlement.

According to Coindesk, Bernstein stated in a research report released on Monday that Robinhood's newly launched blockchain, Robinhood Chain, has performed strongly since its launch, quickly becoming one of the most active networks for decentralized trading.The report noted that since the mainnet went live on July 1, the DEX trading volume on Robinhood Chain reached $3.1 billion in the past week, ranking it among the top five chains by DEX activity. Currently, over 65,000 users hold approximately $13 million in tokenized stocks and $300 million in stablecoins on the chain.Bernstein believes that the early adoption of Robinhood Chain highlights the accelerated integration of tokenized real-world assets with the broader DeFi ecosystem. The network is built on Arbitrum, an Ethereum Layer 2, supporting Robinhood's tokenized stock products, providing 24/7 trading, self-custody, as well as on-chain use cases such as lending and collateralization, and has integrated with partners like Uniswap, Morpho, Lighter, Chainlink, and BitGo.The report also stated that although the current early trading volume is primarily driven by meme coins, Robinhood is expected to focus more on tokenized stocks, commodities, and other RWA assets, as well as perpetual contract business in the future.

According to The Information, the Depository Trust & Clearing Corporation (DTCC) plans to showcase a real-time stock trading settlement process based on blockchain technology this Wednesday, focusing on verifying the feasibility of this technology in the clearing, settlement, and recording stages to enhance the operational efficiency of capital market infrastructure.

According to the latest "Bitcoin Weekly Market Pulse" report published by glassnode, although BTC has rebounded after a recent sell-off, this round of increase is still closer to a "volume contraction recovery." The report shows that the weekly spot trading volume decreased by 21.5% to $4.1 billion, and the spot CVD turned from positive to negative at -$58.8 million, indicating that the breadth of market buying remains weak.In terms of institutional funds, the weekly net inflow of the US spot BTC ETF has recovered to $161.3 million, but ETF trading volume still decreased by 11.97% to $8.4 billion. On-chain data shows that the number of active addresses decreased by 7.6% to 599,000, on-chain transfer volume decreased by 16.1% to $4 billion, and total fees decreased by 13.9% to $168,400, indicating that on-chain activity continues to weaken.In terms of derivatives, the futures funding rate increased by 13.4% to $1.9 million, but the perpetual contract CVD plummeted by 81.7% to $83.9 million; at the same time, the options market 25-Delta Skew rose to 18.87%, indicating that investors still maintain strong demand for downside protection during the rebound process.

According to official news from SBI Holdings, it will reach a strategic cooperation with the Solana Foundation, aimed at promoting the construction of the on-chain financial market in Japan. As part of the cooperation, the Solana Foundation will participate in SBI R3 Japan, which plans to be renamed SBI Solana Global, and will jointly promote related growth strategies with shareholders SBI Holdings and SMFG.The announcement stated that SBI Solana Global will be based on the Solana network in the future, focusing on promoting the issuance and circulation support of stablecoins such as JPYSC, the formation and circulation of tokenized RWA (including corporate bonds, commercial paper, funds, and real estate), the construction of cross-border payment infrastructure, on-chain financial services aimed at institutional investors, and the development of next-generation payment infrastructure for the AI Agent era.

According to crypto KOL @amathxbt and others, Circle's public blockchain Arc may have been launched privately. The cross-chain protocols LayerZero and LI.FI have been deployed to the Arc network, but have not been publicly tested by the community.According to public information, Arc is a public Layer 1 blockchain, positioned as the "Economic Operating System of the Internet," providing shared and composable infrastructure to support economic contracts, stablecoins, tokenized assets, and global market operations. In May of this year, Circle officially released the ARC white paper, outlining the design framework for ARC as the native coordinating asset of the Arc blockchain network. The Arc public testnet is set to launch in October 2025. The mainnet is expected to go live in the summer of 2026.

According to DefiLlama data, since its launch, Robinhood Chain has attracted over $290 million in stablecoins, with a TVL of $134 million, an active market value of RWA at $12 million, and a cumulative DEX trading volume of $4 billion.

According to Cointelegraph, the launch of Robinhood's Layer 2 network, Robinhood Chain, has boosted market sentiment towards Ethereum. The network uses ETH as its native Gas token, and approximately $141 million worth of ETH has been bridged to the chain.Reports indicate that there are now over 500,000 wallet addresses holding ETH on the network. In the past 24 hours, the DEX trading volume on Robinhood Chain reached $877.56 million, surpassing Ethereum L1 and competitor Base. As an on-chain extension of the traditional financial trading platform Robinhood, it offers tokenized stock services to customers in 120 countries, further strengthening the EVM-compatible ecosystem.

Data from Rwa.xyz shows that BUIDL on the Avalanche chain has surpassed $900 million, with a weekly growth of 105%.The current total scale of BUIDL has reached $2.869 billion, with a 30-day increase of 21.11%.

BlackRock's current on-chain tokenized asset scale has reached approximately $2.93 billion. Among them, Ethereum holds the largest share, with on-chain assets valued at about $1.1 billion, followed by Avalanche, Solana, and BNB Chain.

According to local media reports in Thailand, Thailand will require individuals to verify the source of funds when depositing more than 5 million Thai Baht (approximately 150,000 USD) in cash. This intervention expands the compliance responsibilities of commercial banks regarding cash networks, large currency exchanges, precious metal transactions, and suspicious stablecoin transactions, directly preventing regulated entities from fostering systemic corruption or a shadow economy.In addition, the Bank of Thailand and the Securities and Exchange Commission (SEC) have jointly conducted audits focusing on Tether (USDT) to identify and prevent illegal fund flows. This crackdown also includes strengthening controls over precious metal transactions, requiring banks to report suspicious patterns, such as rapid digital purchases and same-day physical withdrawals, to combat money laundering activities.