Euler Launches EulerEarn, Plasma Launches Binance Earn Campaign, Aave Launches RWA Lending, and many more...

Launches 🚀

• Euler Labs launched EulerEarn, a passive yield product offering curated strategies through a single deposit. Each vault manages one asset and allocates across up to 30 Euler vaults, with curators setting risk parameters. Safeguards include idle reserves for instant exits and capped exposures.

  • The first EulerEarn vault is live with $50,000 in rEUL incentives on USDC.

• Solayer launches sBridge, a canonical bridge designed with SVM-specific semantics for high-frequency transfers. The system enables bridging, swapping, and settlement between Solana and other SVM chains in a single user action, reducing transaction times to under a second compared to the multi-step delays of traditional bridges. Its architecture uses program-derived address proofs, threshold-signed hashes from a rotating Guardian Network, and Solana’s ed25519 precompile for verification.

  • Fully permissionless for all SVM tokens, sBridge offers sub-second finality, throughput of 1,000 transactions per second, and fees as low as 0.0006 SOL.

• Aave Labs launched the Horizon RWA market on Ethereum, connecting institutional tokenized assets with DeFi. Horizon partners with VanEck, Circle, Securitize, Ripple, WisdomTree, Superstate, Centrifuge, Ant Digital, Hamilton Lane, Ethena, Kaio, and OpenEden to enable overcollateralized lending against RWAs under a compliance framework, while also supporting permissionless stablecoin supply.

• Jupiter launched the public beta of Jupiter Lend, a Solana-based money market built with 0xFluid, featuring 40+ vaults and over $2 million in incentives. The protocol introduces Earn vaults that auto-route deposits for optimized yields, Borrow vaults with higher LTVs and lower liquidation penalties powered by Pyth oracles, and Multiply vaults for leveraged strategies.

  • Supported assets include USDC, USDT, EURC, USDG, USDS, syrupUSDC, wrapped BTC variants, JupSOL, JitoSOL, and JLP, with JUP itself now accepted as collateral.

  • The platform has undergone multiple audits, with more in progress, and plans to open-source the code after completion.

• Mitosis has officially launched its mainnet and dApps at app.mitosis.org, introducing a framework for programmable liquidity across chains. Users can now claim their Genesis Airdrop, migrate existing miAssets, or deposit external assets to access funds on Mitosis. The network, already supporting $400M in programmable liquidity, enables staking for MITO and tMITO and features a growing ecosystem of DeFi and NFT applications including Chromo Exchange, Telo Money, Zygo Finance, and more.

• AnomaPay launched as a global stablecoin router designed to enable secure, enterprise-grade payments with built-in data protection. Backed by Anoma and integrated with Noble, a Paradigm-supported issuer with over $20 billion in stablecoin volume, the platform aims to address fragmentation and poor user experience in the $270 billion stablecoin market. At launch, AnomaPay will support the Ethereum ecosystem, including payments in ETH, USDC, and USDT, with plans to expand through partnerships with blockchains and institutional providers.

Updates 📰

• Wormhole Foundation confirmed it has secured financing and is prepared to make an initial cash offer of at least $120 million USDC for Stargate, surpassing LayerZero’s $110 million ZRO-based bid. The foundation said an all-cash deal offers STG holders immediate liquidity and avoids conversion risk.

  • Wormhole pledged to honor Stargate’s existing commitments for at least 12 months and emphasized its intent to expand the protocol’s role within the Wormhole ecosystem.

  • It called for a competitive process to ensure fair value for STG holders.

• Stargate Ecosystem announced that the LayerZero Foundation’s proposal to acquire Stargate has been approved, with over 15,000 participants casting more than 7.5 million veSTG votes. The foundation said Stargate will continue operating normally as a cross-chain transfer platform, with no impact on current services.

  • Further details are expected in official communications from the Stargate Foundation on Monday.

• Jump Crypto introduced Dual Flow Batch Auctions (DFBA), a proposed alternative to traditional CLOBs and AMMs in DeFi. DFBA runs two parallel auctions every 100 milliseconds, with all trades clearing at a uniform price, removing the advantage of order arrival time. The model aims to reduce latency arbitrage, MEV, and toxic flow while providing tighter spreads and deeper liquidity.

  • By rewarding better pricing and size rather than speed, DFBA is positioned as a fairer market structure that aligns fees with genuine trading activity.

• ETHZilla ($ETHZ) amended its sales agreement to create a $10 billion at-the-market (ATM) stock offering program.

  • The company stated that the proceeds are expected to strengthen its ETH reserves.

• Resupply outlined recent progress, including the proposal of sreUSD, a savings vault that boosts depositor returns when reUSD trades below peg. The protocol cleared $1.13 million in bad debt through a Yearn Treasury loan, transferring liabilities to Yearn and Convex treasuries. A recovery plan is distributing $2.5 million in RSUP over a year to support Insurance Pool depositors, nearly doubling yields.

  • Additional updates include audited security guardrails, a new permissions framework with upgradeable operators, and upcoming plans to launch sreUSD and expand collateral options.

• Plasma announced that its campaign with Binance Earn has reached a final subscription cap of $1 billion USDT, with an additional $250 million quota to be opened soon.

• ETHZilla disclosed it now holds 102,237 ETH, up from 94,700, purchased at an average price of $3,948.72. The company also announced a $250 million stock repurchase program and reported holding approximately $215 million in cash equivalents alongside its ETH treasury.

• WLFI launched its Lockbox, allowing users to transfer tokens into the vesting contract ahead of the September 1 unlock, when 20% of the initial allocations become claimable. The process requires signing a Token Unlock Agreement, which transfers tokens into vesting, temporarily displaying a zero wallet balance until the claim window opens.

  • Only the WLFI token contract is used, and once activated, the Lockbox interface will display status updates until claims begin at 8:00 AM ET on September 1.

• ETH Strategy announced a collaboration with Renzo to expand its liquid restaking operations as part of its treasury yield strategy. The allocation will utilize Renzo’s ezETH, a liquid restaking token built on EigenLayer that compounds staking and restaking rewards through Actively Validated Services (AVSs).

  • For STRAT holders, the move provides simplified ETH yield via auto-compounded returns, onchain transparency with tradable collateral positions, and optimized strategies through curated AVS restaking.

• Jumper added support for Flare Network, enabling users to bridge assets such as ETH, USDT, and USDC to the chain through its platform.

• Moar Market launched a Leverage LP Simulator on Aptos, allowing users to model leveraged liquidity provision strategies before deploying capital. The tool lets users set parameters such as entry and exit prices, ranges, leverage, debt mix, and duration in range, then calculates PnL, rewards, fees, impermanent loss, and interest.

  • It also provides estimated liquidation prices and supports CSV export, link sharing, and side-by-side scenario comparisons for deeper analysis.

• USDT0 and XAUt0 are now live on Polygon, upgrading the chain’s PoS USDT to the omnichain USDT0 standard via LayerZero’s OFT framework. The integration brings $1.3B in USDT liquidity and over 6M wallets into the USDT0 ecosystem, enabling frictionless liquidity for DeFi, P2P payments, and asset-backed finance without wrapped tokens.

  • Alongside stablecoins, Polygon also gains native support for XAUt0, Tether Gold’s omnichain version, allowing protocols to integrate gold-backed collateral for borrowing, hedging, and portfolio diversification.

• ETH Strategy revealed a partnership with Derive to launch its Perpetual Note Vault, a product designed to generate USD-denominated yield by combining STRAT convertible notes on Ethereum with options execution on Derive Chain.

• Lombard launched LBTC, a yield-bearing Bitcoin SPL token, natively on Solana. Backed 1:1 with BTC and secured by a decentralized validator consortium, LBTC auto-accrues ~1% APY via Babylon staking while remaining fully composable across DeFi.

• Pharos rolled out a major testnet upgrade with its Real Assets in Motion stack, enabling on-chain real yield, real-time cash flow streaming, automated capital deployment, and active trading. Integrations include R2 for RWA-backed vault yields, OpenFi for tokenized distributions, Spout for automated capital flows, and Bitverse for trading, all now live to explore on testnet.

• Wormhole has launched Native Token Transfers (NTT) on Sui, enabling tokens deployed on Sui to gain built-in multichain functionality and seamless listings on Portal Bridge.

• Rezerve Money announced a major treasury shift, allocating significant $RZR liquidity into weETH, eBTC, and ETHFI, making EtherFi its largest exposure. The team framed this as part of its long-term push toward “1 Million ETH” goal.

Issues ⚠️

• Panoptic disclosed that a vulnerability in its smart contracts led to a coordinated response beginning August 25, where about 90% of funds were voluntarily withdrawn. With support from Cantina and Seal911, the team executed a rescue operation securing most of the remaining funds. A full post-mortem and plan to return rescued funds will follow.