Crypto Markets & On-Chain Ecosystem Developments

According to PANews, on September 17, Genius launched genius.fun, a platform that allows users to decompose tokenized shares and use them for acquiring real listed companies.

According to Arc Explorer data, Arc Network's decentralized exchanges processed $72.59 million in trading volume over the past 24 hours (Sept 17), with approximately 574,000 transactions across 9,845 active liquidity pools, an increase of roughly 5,300 pools from the prior day. The ARGUS/USDC tradi

Maple Finance released a memo detailing expanded allocation strategies for institutional lenders. The decentralized finance platform, which manages billions in institutional lending, outlined the necessity of widening its allocation engine to facilitate capital access to a broader range of strategie

ONE cryptocurrency surged 9.83% in 15 minutes, reaching a price of $0.00153. The rapid movement occurred as most altcoins traded sideways, with ONE recording a 24-hour trading volume of $18,252,609.92. The price action reflects heightened trading activity in the cryptocurrency market. ONE

According to @syrupsid, Maple Finance released a latest memo detailing expanded allocation strategies for institutional lenders. The new allocation engine aims to broaden capital access across a wider range of strategies, with the platform currently managing billions in institutional lending. The me

NAV Coin fell 12.48% in one hour, dropping from $0.028502 to $0.024946 despite the absence of a clear catalyst. The decline occurred as the broader cryptocurrency market exhibited mixed signals, complicating trader sentiment. With a market cap of approximately $1.92 million and 24-hour trading

JurassicFi launched Deaton, a tokenized Triceratops fossil project on the Solana blockchain, offering holders contractual ownership of the prehistoric asset. The project successfully raised $660K through a fundraising campaign. The initiative represents an expansion of asset tokenization on Solana,

Morpho reported that over $220 million is currently deployed in onchain yield through its vaults. The platform attributes this deployment to growing investor confidence in its capacity to manage and optimize yield. Morpho operates through partnerships with firms including SteakhouseFi and Bitwise, f

NAV Coin fell 12.48% today, dropping to $0.024946 from $0.028502 in just one hour. The sharp decline occurred despite the absence of a clear catalyst, with the cryptocurrency's 24-hour trading range spanning $0.024946 to $0.029716. With a market cap of approximately $1.92 million and 24-hour trading

Lido Finance completed its first validator consolidation on Lido Core, initiating the migration of approximately 8.4 million staked ETH from the legacy Curated Module to the new CMv2. The consolidation aims to enhance the efficiency and security of ETH staking for the Ethereum ecosystem. This

According to CoinDesk, following the Federal Reserve rate hike, the cryptocurrency market experienced a liquidation wave with traders facing cumulative liquidations of $345 million. Zcash subsequently rose 17%.

According to PANews on September 17, Gate's Robinhood Chain meme trading activity surged, with 24-hour spot and futures trading volumes reaching approximately $16.83 million and $12.76 million respectively, totaling near $30 million. The platform currently lists 6 spot assets and 19 USDT perpetual c

SwissBorg has enabled native USDC deposits on Arc Network, eliminating the need for third-party bridges. The integration addresses the costly fee structure previously imposed by PlaygroundBridge, which charged dynamic fees ranging from 3% to 25% on inbound USDC transfers. Arc Network is built as a s

According to ChainCatcher, on Wednesday, the U.S. House Financial Services Committee advanced H.R. 8957, the American Reserve Modernization Act, with 28 votes in favor and 21 opposed. All 28 supporting votes came from Republicans, while all 21 opposing votes were from Democrats. The bill requires th

According to ChainCatcher, France's highest administrative court rejected an emergency application from crypto companies Bull Bitcoin and Paymium on September 17 to suspend implementation of the European Union's Administrative Cooperation Directive 8 (DAC8). The applicants argued that centralized co