LWID : ETH Strategy Acquires More ETH, Linea Unveils Tokenomics, Pendle Live on HyperEVM, and many more...
Launches 🚀
Osito has launched on Berachain mainnet, introducing a token launchpad designed to reduce sell pressure by enabling users to borrow against newly launched tokens instead of selling.
This mechanism allows traders to access liquidity and maintain upside exposure, while projects can fund operations without market dumping.
Pear Protocol launched its Hyperliquid Engine, enabling advanced pair trading on Hyperliquid with features like TP/SL on ratios, TWAP orders, native charting, one-click execution, HyPear Points rewards, and funding insights.
Users can also earn S3 HL points, set watchlists, and will soon benefit from Agent Pear for strategy suggestions.
Binance launched RWUSD, a principal-protected Earn product offering up to 4.2% APR by benchmarking yields from real-world assets like tokenized U.S. Treasury Bills. Users can subscribe using stablecoins.
Etherex, a new DEX on Linea built by Consensys and NILE, has officially launched, reviving the original 2014 EtherEX vision of a fully decentralized trading platform. Leveraging Ramses v3 infrastructure, Etherex introduces a user-aligned token model with liquid emissions ($REX), anti-dilution rebases, and staking options via xREX and REX33. All fees and emissions go to token holders with no team unlocks.
Launch allocations prioritize veNILE holders and the Linea ecosystem, while the protocol integrates Uniswap v3-based tech audited by firms like Spearbit and Consensys Diligence.
The first epoch begins shortly after the July 28 launch.
Ika launched its mainnet on Sui, introducing the dWallet primitive that allows Sui smart contracts to natively control assets across multiple chains. The launch aims to enable seamless cross-chain coordination directly from Sui.
Pendle is now live on HyperEVM, launching with fixed-yield pools for Hyperbeat USDT, Ultra Hype, beHYPE Pre-deposit, and Kinetiq kHYPE. Hyperbeat has allocated 1.5M Hearts across its pools as bonus rewards.
Pendle plans to expand the yield ecosystem on HyperEVM with deeper liquidity, more markets, and full Pencosystem support.
The SEC has launched “Project Crypto,” a major regulatory initiative aimed at positioning the U.S. as the global leader in digital assets. The plan focuses on reviving capital formation through compliant ICOs, airdrops and tokenized securities, introducing clear rules for classifying tokens, modernizing custody to support both self-custody and institutional solutions, allowing integrated “super-apps” for trading, lending and staking, and advancing the tokenization of traditional assets like stocks and bonds to drive liquidity and on-chain innovation.
DeFiDollar launched $USDFI, a fully on-chain, censorship-resistant stablecoin backed by 10 top Ethereum DeFi tokens, including AAVE, CRV, LINK, and WBTC. Built as a friendly fork of Liquity v2, it features dynamic interest rates and integrations with Curve, Uniswap, Yearn, and more. A 40% community bootstrap event begins with a points program on August 4, followed by token contributions starting September 2.
$DEFI holders will govern protocol economics, with 5% of supply allocated to Liquity supporters.
Kinetiq has launched Launch, an Exchange-as-a-Service (EaaS) platform built on Hyperliquid’s HIP-3, enabling teams to deploy their own perpetual futures exchanges without needing the full 1M+ HYPE stake (~$44M). Instead, Launch uses isolated staking pools and exchange-specific liquid staking tokens (exHYPE) to crowdfund deployments, allowing contributors to earn yield and govern specific exchanges while containing risk.
The platform provides a complete technical stack, risk isolation, and fee-sharing mechanics, positioning itself as the “Shopify x Kickstarter” for Hyperliquid perps.
Polynomial launched Fusion, the first hybrid orderbook system combining a high-speed CLOB with an oracle-based AMM. Market and limit orders route dynamically for optimal execution, powered by low-latency Pyth oracles.
Upgrades include reduced margins, better funding rates, and a 40% fee discount with revamped referral rewards. Fusion is now live on Polynomial Chain.
Ebisu Money has launched on mainnet with a 5M ebUSD mint cap. Users can now borrow, loop, and earn using sUSDe, weETH, WBTC, and LBTC as collateral. Incentives are being tracked and will be announced next week.
Updates 📰
Ethena Foundation reported that 83 million ENA were acquired between July 22–25 under its buyback program, conducted by a subsidiary through third-party market makers. Progress updates will continue as the program advances.
Lumo introduced Eulerscan, a new explorer for Euler V2 offering complete historical yield data for every vault, including CSV export support. The tool enables users to backtest strategies using accurate on-chain performance data.
ETH Strategy partnered with Arrakis Finance to manage its liquidity and At-The-Market (ATM) program, aiming to deepen ETH/STRAT liquidity and grow treasury value through accretive dilution.
The partnership involves two vaults: a flagship ETH/STRAT pool for DeFi composability and a single-sided STRAT ATM pool to capture ETH inflows without debt issuance.
Jupiter Pro released Launchpad Screener v2, an upgraded Solana dashboard featuring real-time insights across 37 launchpads. New tools include daily volume charts, multi-timeframe stats, and an automated Runners filter detecting top-performing tokens with $1M+ market cap, $100K+ liquidity, and high organic scores.
MetaMask introduced Stablecoin Earn, allowing users to deposit USDC, USDT, and DAI directly into Aave’s lending protocol to earn yield within the MetaMask Mobile app. The feature is live on Android and will roll out to iOS later this week.
Celestia's Lotus upgrade is now live on Mainnet Beta, introducing a 33% reduction in inflation and enabling native TIA interoperability via Hyperlane.
Hyperion DeFi announced the purchase of 108,594 additional HYPE tokens, bringing its total holdings to 1,535,772 HYPE at an average price of $36.14. The team teased upcoming developments including iHYPE and HyperEVM.
Inverse Finance announced the successful elimination of $2.6 million in bad debt, marking a major milestone in its recovery efforts.
Centrifuge V3 is now live on Avalanche, with Grove Finance allocating up to $250M into the Janus Henderson Anemoy AAA CLO Strategy (JAAA), part of a $1B partnership with Janus Henderson to scale institutional credit onchain.
Covalent has integrated with Hyperliquid's HyperEVM, enabling developers to access fully indexed, decoded onchain data via GoldRush and MCP infrastructure. This unlocks capabilities for building AI-native agents, DEX analytics, and cross-chain tools on a chain processing billions in volume.
Linea unveiled a major upgrade to its Layer 2 ecosystem, introducing native ETH yield, protocol-level ETH burns, and Ethereum’s largest ecosystem fund. Starting now, 20% of all net ETH gas fees will be burned, and bridged ETH will generate staking rewards for LPs, enhancing ETH's role as a productive, deflationary asset.
The upcoming LINEA token will allocate 85% to the ecosystem, with governance managed by the Ethereum-native Linea Consortium, including Consensys, Eigen Labs, ENS, and others.
BNB Chain announced $50K in new purchases under its revised $100M Incentive Program, allocating $25K USDT each to Solv Protocol ($SOLV) and Caila AI ($CA).
Aave has launched Ethena Liquid Leverage, allowing users to deposit 50% sUSDe and 50% USDe, borrow USDC/USDT/USDS, and loop positions to earn sUSDe yield on the full amount.
USDe is now in sUSDe e-mode for higher leverage.
Rewards begin in a week and are backdated to today, claimable via Merkl.
Maple’s MIP-018 has passed, increasing SYRUP buybacks from 20% to 25% of monthly revenue. The change aims to boost value capture for stakers as Maple’s annual revenue reaches $15M.
Theo announced its integration with LayerZero to enable omnichain deployment of its RWA token, $thBILL. Leveraging LayerZero’s OFT standard, $thBILL can now move across chains like Base, HyperEVM, and Arbitrum, positioning it as a highly accessible onchain treasury product.
LiquidLaunch released Widget Builder v2 for LiquidSwap, offering enhanced customization and improved UX based on integrator feedback. Users can now create embeddable swap widgets, collect fees, and integrate them directly into their platforms.
Hyperbeat has launched WHYPE on Ethereum mainnet, enabling cross-chain use of HYPE via the LayerZero OFT standard and Stargate bridge. The deployment is secured by partners including LayerZero, BitGo, Tether, P2P Validator, Luganodes, Flowdesk, and Wintermute.
Meteora launched Dynamic Positions, enabling users to deploy across 1,400 DLMM bins with a single position—offering 20x more coverage at 20x lower cost. The update enhances capital efficiency for liquidity providers.
Aave integrated PT token swaps via VeloraDEX, allowing Pendle PT holders to switch collateral to a new maturity directly within the Aave app. The feature is subject to capacity limits.
DeFi Saver now supports Ethena's Liquid Leverage strategy, enabling users to execute the full setup—including enabling E-Mode, converting, staking, supplying, borrowing, and looping—in a single transaction. To earn rewards, users must supply a 50/50 split of sUSDe and USDe as collateral, borrow USDC/USDT/USDS, and loop at least once.
Reward tracking is live, with Merkl handling distributions starting in about a week.
Stargate announced the launch of Circle’s CCTP V2 on Solana, enabling faster USDC transfers between Solana and 12 connected chains. The integration reinforces Stargate’s role as a standard for onchain money movement.
Fluid has launched GHO markets on Arbitrum, allowing users to lend GHO for a promotional APR or borrow it using BTC or ETH as collateral.
Sei Network is now integrated with Backpack, allowing users to access Sei's high-speed Layer 1 within Backpack’s unified wallet and trading platform.
Injective has begun deploying the Ethernia Mainnet Upgrade, introducing the most performant EVM mainnet in beta alongside the new MultiVM Token Standard. The upgrade includes major performance enhancements to prepare for future demand surges.
Users are advised not to send transactions until completion.
Resolv has activated its protocol fee, starting with 2.5% of daily positive profits now directed to the Foundation treasury. The fee will ramp up to 10% over four weeks, marking a new phase of value accrual for the system.
Junction has integrated Circle’s CCTP v2 on Arbitrum, enabling 8-second USDC transfers with autoclaim to wallets, simplifying crosschain swaps with faster, more secure routing—support for more chains coming soon.
Issues ⚠️
WOO X confirmed a $14M loss from a targeted phishing exploit affecting 9 user accounts, traced to a compromised team device. Withdrawals were temporarily paused but have since resumed, with all affected balances restored from treasury funds. No WOO tokens were stolen or used for compensation.
The team continues forensic reviews, is cooperating with law enforcement, and has offered a 10% bounty for returned funds.
Sonic Labs issued a security notice reminding users that all airdrop updates will be posted on the official claim link and warned against potential scams. Further updates are expected soon.
PeckShield reported that SuperRare has been exploited, resulting in a loss of approximately $730K worth of RARE tokens.
