Token Events

According to The Block, Drift (now operating as Velocity) opened compensation claims for the April exploit. Users receive 1 DFX token per 1 USDT lost; the current payout rate is approximately 0.0104 USDT per DFX, equating to roughly 1% of losses. The compensation pool holds approximately $3.11

Velocity, formerly known as Drift, opened recovery claims on Thursday for users who lost funds in its April exploit, issuing DFX tokens tied to their losses. Users receive one DFX token for every USDT lost in the attack, with current redemption rates yielding approximately 0.01 USDT per

PowerUS USA entered the public market following a merger and launched the $PUSA token on the Solana blockchain via the Sunrise platform. The announcement was made through the Solana account, marking the company's transition from private to public entity. PowerUS USA focuses on innovative financial s

According to ChainCatcher, Synthra Finance has repurchased and burned nearly 1.8 million POLL tokens directly from the market today. The protocol stated that accumulated burn now represents approximately 7% of POLL's total supply. The repurchase was funded by protocol revenues, marking another token

Backpack announced a new token launch via its Twitter account, describing the initiative as a step towards establishing a role in the global economy. The announcement, posted by @Backpack, emphasizes the project's aim to emulate leading Silicon Valley companies. The project currently shows $0 in

Galaxy added $100 million in sUSDS to its balance sheet in September as part of Sky Ecosystem's expansion, according to commentator @SkyEcosystem. The addition coincided with the launch of Sky Ecosystem's first SKY token burn, designed to enhance token scarcity. These developments occurred during a

According to @SkyEcosystem, Galaxy added $100 million in sUSDS to its balance sheet in September, alongside the launch of the first SKY token burn aimed at enhancing the token's scarcity. The ecosystem also reported that @grovedotfinance's warehouse facility reached 75% utilization, while USDS

According to CryptoRank data, on October 2, multiple cryptocurrency projects will experience their first major token unlocks in Q4 2026 following vesting cliffs, affecting VC investors, teams, and early supporters and potentially introducing new supply pressure. Monad (MON) faces the largest unlock

According to Ripple's official transparency page dated Sept. 24, RLUSD reserves reached $2.53 billion while circulating supply topped $2.4 billion, with reserves exceeding circulation by approximately $122.5 million (about 5%). The stablecoin crossed the $2 billion threshold in late August, adding m

According to Odaily, World Liberty Financial (WLFI) announced on X that staking of WLFI tokens has reached approximately 15.11 million as of now. The project's reward pool has completed a $1.25 million USD1 injection, with additional staking rewards to be added every two weeks, with on-chain data

According to Monad on October 1, StraitsX announced plans to issue its Singapore dollar (XSGD) and U.S. dollar (XUSD) stablecoins on the Monad blockchain in early 2027. XSGD will become the network's first Singapore dollar-denominated stablecoin issued natively on the platform. The

BlackRock published a research report identifying AI agents as a structural demand driver for cryptocurrency and blockchain infrastructure. The asset manager defined stablecoins as 'machine-native money' complementing AI's 'machine-native intelligence,' noting that autonomous agent systems require b

Hyperliquid will receive its first AQAv2 reserve yield distribution tomorrow (October 3), with approximately $14.5 million allocated for HYPE token buybacks, according to the platform's announcement.

According to @WuBlockchain, Drift Foundation officially launched DFX redemptions for users affected by the April 1 incident, offering 1 DFX per $1 lost. Each DFX token is currently redeemable for approximately $0.01. The Recovery Pool backing these redemptions holds approximately 3.11 million

Hyperliquid Labs began unstaking 3.75 million HYPE tokens around September 30 and October 1, valued at approximately $329 million when disclosed, for an over-the-counter sale to a single institutional buyer. The tokens are from Hyperliquid's October team distribution, and co-founder iliensinc

According to Co-founder iliensinc's disclosure in Hyperliquid's Discord, Hyperliquid Labs began unstaking 3.75 million HYPE tokens on September 30–October 1, valued at approximately $329 million at announcement, ahead of an over-the-counter sale to a single institutional buyer. The tokens are part o

According to HL HUB post on X, Hyperliquid is set to receive its first AQAv2 reserve revenue allocation tomorrow (October 3), with approximately $14.5 million in USDC reserve yields flowing into the Assistance Fund for HYPE buybacks. The revenue distribution mechanism stipulates that the

Drift protocol opened DFX claims and redemptions for eligible users who suffered losses during the decentralized exchange's April 1 market disruption. The Solana-based trading protocol established DFX as part of a compensation framework for qualifying users affected by the April incident. Eligible u

According to BlockBeats, Drift Foundation opened claims for the April 1 security incident on October 2, with affected users able to exchange verified losses at a 1:1 ratio for DFX tokens. DFX is a fixed-supply SPL token on Solana with approximately 299.5 million tokens issued, corresponding to

Open Standard launched Open USD (OUSD), a U.S. dollar-backed stablecoin supported by more than $1 billion in committed short-term reserves and Chainlink as its official oracle partner. The launch aims to expand access to dollar-based digital payments and financial services while providing