Project Progress

Pyth Network reported annual recurring revenue of $11.5 million in its most successful quarter to date. The figure represents an 86% increase from the previous quarter, driven by expansion to 276 clients. The network announced the metrics via its official Twitter account, highlighting growth in the

According to Pyth Network's official announcement, the network reported $11.5 million in annual recurring revenue, representing an 86% increase from the previous quarter, with its client base expanding to 276. The expansion reflects 220% client growth in a single quarter, positioning Pyth as a key p

SVRN AI CEO Sal Ternullo launched a proposal to reduce NEAR Protocol's token issuance from 2.5% to 1.6% over 24 months. The initiative, now live, aims to enhance NEAR Protocol's economic model. This proposal aligns with ongoing discussions within the crypto community about optimizing tokenomics to i

According to NEAR Protocol's official announcement, SVRN AI CEO Sal Ternullo proposed reducing token issuance for NEAR Protocol from 2.5% to 1.6% over 24 months. The proposal is now live.

Aave launched USDC and USDT deposits from BNB Chain in its mobile app to increase accessibility for users. The decentralized finance (DeFi) platform introduced this feature to tap into growing demand for stablecoin options. This move reflects a broader trend of stablecoin adoption as DeFi

According to Odaily, Papertrade, a synthetic perpetual protocol on HyperEVM, announced its deposit feature is now live on October 8. Users can complete deposits and account creation over the next two days ahead of formal trading launch on October 10. Papertrade uses Hyperliquid order book mid

NousResearch has officially launched its Hermes Agent in the Microsoft Store, enabling one-click installation for users. The development, reported by @NousResearch, aims to enhance user accessibility to crypto tools. More updates for the Windows ecosystem are expected soon, indicating a push

According to Delphi Digital, Lighter's October open interest reached an all-time high for 2026, with core trading activity up approximately 50% since August. The partnership with Robinhood accounts for approximately 25% of Lighter's open interest and fee revenue, while Robinhood traders represent ne

The GMX Dollar Vault has accumulated $5.65 million in deposits since launching on Arbitrum on October 5, 2026, with nearly 20% of all USDG on the network now deposited in the vault. The vault offers an 8% yield boost for the first eight weeks as an incentive for early depositors. This deposit activity reflects participation in a new liquidity mechanism within the Arbitrum ecosystem designed to provide trading fee earnings for USDG holders. GMX Dollar Vault Reaches $5.65M Deposit Milestone Accord

According to @GMX_IO, GMX Dollar Vault received $5.65 million in deposits since its launch on October 5, 2026, representing nearly 20% of all USDG on Arbitrum. The vault offers an 8% yield boost for early depositors during the first eight weeks, incentivizing participation in the USDG

According to Decrypt, the platform announced its self-custodial Money Accounts are now live on Solana, providing users with a single balance usable across Decrypt's financial and intelligence marketplace, The Information Exchange. The unified balance supports trading on prediction markets,

Polkadot launched dotUSD, a decentralized stablecoin governed by the DOT DAO. The stablecoin operates without centralized control, distinguishing it from existing stablecoins managed by single entities. The DOT DAO enables community governance over dotUSD's direction and framework. The launch

Decrypt launched Money Accounts on Solana, providing users with a single self-custodial balance that works across multiple products on the platform. The accounts hold balances in USDT and sponsor gas fees through fee-payer co-signing, eliminating the need for users to hold SOL or manage network fees

According to The Defiant, Astroport has ended tokenholder governance on Neutron and Terra networks. The protocol will now be operated by contributors through DAO DAO. vxASTRO token holders can still unlock their tokens through normal processes, while ASTRO token emissions will drop to

According to Polkadot's official announcement, the native stablecoin dotUSD has officially launched on the Polkadot network today. Unlike most stablecoins which are issued and controlled by centralized entities, dotUSD has no single issuer or point of control. Instead, it is fully governed through D

Pyth Network's decentralized autonomous organization (DAO) approved a decision to allocate 100% of revenue from Pyth products towards open market buybacks of the $PYTH token. The move aims to enhance the token's value and strengthen community trust, according to commentary from CryptoTwitter

According to ChainCatcher, on-chain options protocol Derive announced on October 8 that its V3 upgrade has launched and migration completed successfully, with trading now restored. The rebuild supports zero-knowledge proof settlement, order matching with sub-1-millisecond latency, and covers ETH,

LG CNS launched KITL on Oct. 6, a blockchain infrastructure platform designed to help financial institutions develop and operate digital asset services including stablecoins, tokenized securities and real-world-linked assets. The South Korean technology company created KITL to provide underlying inf

On Oct. 6, LG CNS launched KITL, a blockchain infrastructure platform designed to help financial institutions develop and operate digital asset services, including stablecoins, tokenized securities and real-world-linked assets. The platform combines four core capabilities: electronic wallets,