Project Progress

Backpack expanded its stock trading capabilities, enabling users to borrow USD against their holdings, trade perpetuals, and hedge positions without selling shares. The platform introduced these features to help retail investors maximize their trading strategies. This development comes as the

According to SkyEcosystem, the organization recently announced a $500 million lending facility designed for institutional loans secured by digital assets. The facility was established through a partnership with Grove and Galaxy, utilizing the Sky Protocol framework to enhance USDS liquidity for loan

Britain's largest banks, including Lloyds, NatWest, Barclays, and HSBC, completed interbank transactions using tokenized deposits under the Great British Tokenized Deposit (GBTD) project, an industry initiative led by UK Finance. The tests examined how digital representations of sterling deposits co

Stargate Finance launched new features providing deeper liquidity and improved pricing for cryptocurrency swaps across multiple blockchain networks. The decentralized finance platform now enables users to swap stablecoins and tokens on Arbitrum, Ethereum, Solana, Hyperliquid, Base, and Polygon

According to Stargate Finance's official X account, the platform recently launched new swap features offering deeper liquidity and improved pricing. The upgrades support stablecoin-to-stablecoin and stablecoin-to-token swaps across Arbitrum, Ethereum, Solana, Hyperliquid, Base, and Polygon,

According to ChainCatcher, NEAR Protocol has launched privacy-protected limit orders supporting assets from any blockchain. Users can set target prices, and orders will automatically execute when market prices reach specified levels. Limit orders remain hidden from public view during the waiting

According to PANews, Bitwise launched Bitwise Premium+ RWA Vault (PPLUS) on Ember Protocol today, targeting net yields above 10% through leveraged strategies. The vault holds a curated portfolio of real-world assets including Huma Finance's PST (cross-border payment financing), USDai's sUSDai (AI

According to PR Newswire, Bitcoin application layer platform Citrea announced the acquisition of self-custody privacy-focused Bitcoin wallet Crest. Backed by Founders Fund and Galaxy Ventures, Citrea aims to bring Zcash-style zero-knowledge privacy pools to the Bitcoin ecosystem. Crest founder

According to ChainCatcher, Arbitrum announced a transition from its Timeboost mechanism to a per-transaction priority fee auction. Under the new distribution model, 97% of priority fee revenue and Fast Feed subscription earnings will flow to the Arbitrum DAO treasury, with the remaining 3% allocated to the Arbitrum Developer Guild.

1inch announced the start of a tokenization supercycle through a recent tweet. The decentralized exchange aggregator made this declaration amid ongoing developments in decentralized finance, where tokenized assets and innovative financial instruments continue to gain adoption. The platform has

According to ChainCatcher, Derive protocol today (September 24) proposed to allocate 50% of protocol revenue to DRV token buybacks via a new governance proposal. The proposal is now open for community review and discussion on the Derive

Arbitrum launched Priority Gas Auctions and Fast Feed features aimed at improving transaction speed and efficiency on its network. The announcement was shared by the @arbitrum Twitter handle. The enhancements are designed to optimize transaction efficiency and address concerns about gas fees and tra

According to Arbitrum's official announcement, the Ethereum layer-2 scaling solution launched Priority Gas Auctions and Fast Feed features today to improve transaction speed and efficiency. Priority Gas Auctions

Copper unveiled its mF-ONE project, representing institutional multi-strategy exposure on-chain with collateral utility and custody infrastructure support. The blockchain infrastructure provider announced the tokenization initiative via a CopperHQ tweet, positioning the project as a solution for ins

DeepBook is now operational on the Sui platform, offering traders access to a shared order book representing over $20 billion in volume, according to Route2FI. The platform maintains user self-custody until trades are executed. Key features include Predict, which enables positions on specific

Paxos Labs announced the launch of PAXGy, a gold-backed token underpinned by PAX Gold, where holdings grow measured in ounces of gold. PAX Gold is fully backed by investment-grade gold held in LBMA vaults and independently verified by KPMG. Users can obtain PAXGy by depositing PAX Gold or

According to Sui, the blockchain's fast settlement capabilities now enable one-minute markets. Predict has launched on-chain continuous pricing on DeepBook App on mainnet.

The XRP Ledger could activate its BatchV1_1 amendment on September 29. This would enable developers to execute up to eight linked transactions in a single operation. The activation is conditional on maintaining the required validator support throughout a two-week countdown period. The feature

According to XRP Ledger documentation, the network could activate the BatchV1_1 amendment on September 29, allowing developers to bundle up to eight linked transactions in a single batch operation. The feature provides four execution modes that control what happens if one transaction fails,

According to 0G, on September 24, the blockchain protocol introduced Compute Finance (ComFi), a financial layer that enables users to earn AI compute they can actually use across supported services. Ascend, 0G's liquid staking product, is now live; users stake 0G tokens to receive a0G and can mint I