Project Progress

According to LlamaRisk, Aave's governance proposal would close V3 lending markets on six blockchains—Sonic, Scroll, zkSync, Metis, Soneium, and Aptos—and retire 50 low-use reserves, affecting $98.1 million in supplied assets and $15.6 million in debt, based on data measured on July 28. The

On July 31, DeNet officially launched Storage Protocol v4, opening its decentralized storage infrastructure with a live global ecosystem of more than 7 million registered users. The protocol aggregates unused storage capacity from over 2,000 Datakeepers—independent storage providers—into an

According to ChainCatcher, decentralized derivatives protocol AFX announced that its goodwill compensation plan in response to a recent security incident will be disclosed on August 3. Investors, the team, and early supporters were affected by the incident. AFX suffered a bridge exploit attack on

According to PANews, Aster fully opened Aster Vault on July 31 following the completion of its Beta phase. The Vault lets traders convert perpetual futures strategies into investable vaults with public trading records and profit-sharing arrangements, while investors can invest directly and share str

Aave is removing 71 lending markets covering $98.1 million in deposits and $15.6 million in debt through a governance proposal targeting low-activity deployments. The decentralized lending protocol plans to exit six blockchains—Sonic, Scroll, Aptos, zkSync, Metis, and Soneium—and remove 50

According to a governance proposal, Aave plans to exit six blockchain networks and remove 50 asset reserves across its lending protocol, covering $98.1 million in deposits and $15.6 million in outstanding debt as of late July. The affected chains are Sonic, Scroll, Aptos, zkSync, Metis, and

According to NEAR Protocol on July 31, the network launched a staking-based payment feature allowing users to pay for confidential inference and persistent agent fees by staking NEAR tokens, eliminating the need for credit card binding. Staked NEAR converts into monthly compute credits that scale w

According to The Defiant, Ready self-custody wallet discontinued its crypto credit card service on Wednesday after card issuer Kulipa suddenly shut down. Co-founder Itamar Lesuisse stated on X that the team received no advance notice. Qualifying card subscriptions will receive automatic refunds,

According to Ethereum Institutional, the Open USD stablecoin will deploy to Ethereum on its launch day today. Over 140 enterprises have already joined the Open USD ecosystem, including Visa, Mastercard, Stripe, BlackRock, and BNY

According to PANews, on July 31, ENS DAO proposed establishing a full-time operating foundation with a five-seat board to manage a donation fund and allocate 1 million ENS tokens for employee compensation. Token holders will retain control over the protocol, including the power to oversee DAO-held E

According to Blockaid, on July 31, MetronomeDAO's Synth USD (msUSD) traded approximately 11% below peg across Ethereum, Base, and Optimism due to an undercollateralization issue in the protocol's swap module. The deficiency involved around 6,367 msETH and 4.57 million msUSD lacking sufficient

Sui launched USDsui, a stablecoin that redirects Treasury bond yield into open-market buybacks of SUI tokens and DeFi liquidity incentives, diverging from the traditional model where issuers like Circle or Tether retain reserve profits. Mysten Labs co-founder Adeniyi Abiodun stated the yield

According to Mysten Labs co-founder Adeniyi Abiodun, Sui introduced USDsui, a fully collateralized stablecoin, with a mechanism that redirects yield from reserve assets (including U.S. Treasury bonds) back into the ecosystem through open-market SUI token buybacks and DeFi liquidity incentives. The a

According to Foresight News, Freedom Factory recently launched PQ1, a quantum-resistant hardware wallet. The company announced it will fully open-source the wallet's hardware and software, including internal schematics and DIY guides. Freedom Factory has commissioned security firm Trail of Bits to

According to The Defiant, Lightning Labs launched an L402 protocol website on Wednesday, positioning it as a channel for AI agents to pay in Bitcoin. The protocol enables agents to make Bitcoin payments and authenticate natively without accounts, intermediaries, or human involvement. L402, or Lightn

According to rwa.xyz data, Ondo Finance maintains its dominance in the tokenized stocks sector with approximately $845.6 million in distributed value, accounting for roughly 45% of the total $1.86 billion market. The platform is followed by xStocks with $515.3 million and Securitize with $236.8 mill

MemeToro has opened its GitHub repository for public inspection during its ongoing presale, allowing buyers to review platform architecture and development plans before smart contracts reach testnet. The BNB Chain project is being developed by Coinsult and has published its launch-manifest