DeFi

CoinStats API covers more than 120 blockchains, while new MCP and x402 access targets applications built around AI agents.

Metallicus said it has received FedNow service certification, covering send, receive, liquidity management and Request for Payment (RFP) capabilities. The company said this infrastructure runs alongside the Metallicus blockchain ecosystem, including XPR Network, WebAuth Wallet, digital identity, stablecoins, DeFi and institutional digital-asset infrastructure. The move connects XPR Network to the Federal Reserve’s FedNow instant payments network through Metallicus, creating a compliant pathway for integrating crypto payments with traditional financial infrastructure.

Ripple’s XRP surged 20%, with the market widely attributing the rally to progress on an upgrade to the XRP Ledger (XRPL) lending protocol. The upgrade is intended to add native lending functionality to XRPL and further strengthen its DeFi ecosystem. The sharp price move reflects positive expectations around XRPL’s expanding capabilities. Investors are watching whether the upgrade could boost on-chain use cases for XRP and support token demand.

SOL Strategies disclosed in an SEC filing that it held C$1.87 million in cash as of June 30 and about C$22 million of unencumbered digital assets available for conversion into fiat. The company also reported C$37.33 million of current liabilities, including a C$13.90 million DeFi loan and C$10.73 million of current convertible debentures. Over the same period, it recorded a C$7.80 million net cash outflow from operating activities.

The USDD Peg Stability Module (PSM) is now live on GateDEX across Ethereum, BNB Chain and TRON. The module allows users to swap between USDT/USDC and USDD at a fixed 1:1 rate with zero slippage, including for larger trades. GateDEX said its smart routing compares official PSM liquidity with AMM pool pricing to select the most efficient execution path with transparent fees. The integration also enables users to move directly into USDD Earn after converting.

Ethereum-based DeFi protocol OLY is set to open its token mint on Aug. 28, structuring rewards around protocol revenue rather than ongoing token issuance. The system routes income to stakers, liquidity, ETH-based vaults and OLY buybacks and burns. Market sellers start with a dynamic 10% fee that is designed to step down to 4% as market capitalization rises, while limit orders carry a 2% fee and some liquidity exits are fee-free. Of ETH revenue, 34% is allocated to a staked ETH vault, 16% each to liquidity defense, a liquidity vault, direct staker payments and OLY buyback-and-burn, with the remaining 2% going to Genesis.

Deposits of real-world assets (RWA) deployed in decentralized finance protocols stood at $3.98 billion as of August 18, nearing the $4 billion mark. The figure was $650.88 million a year earlier and about $12 million three years ago. That represents roughly a sixfold increase over the past 12 months, according to DefiLlama data.

The tokenized gold market has expanded sharply in recent weeks, led by inflows into Tether Gold and Pax Gold. Tether Gold brought in $237.1 million over the past 30 days, while Pax Gold attracted $125.3 million. Together, the two tokens make up 89% to 97% of the tokenized gold market and helped push total market capitalization up 30% in the first quarter, with spot trading volume reaching $90.7 billion—above the full-year total for 2025.

Multiple projects in the TRON ecosystem are moving into a deflationary phase through large-scale token buybacks and burns. JST has completed its fourth buyback-and-burn round, with cumulative burns exceeding 1,711,249,863 JST, or 17.29% of total supply, and total buyback value across four rounds surpassing $94.62 million. SUN.io has carried out 51 burn rounds since late 2021, with cumulative burns exceeding 678,547,188.32 SUN, while WINkLink and BitTorrent plan to use all related revenue to buy back WIN and BTT, respectively.

Ondo Finance’s tokenized equity platform, Ondo Stocks, is holding $1.01 billion in total value locked and has recorded $27 billion in cumulative trading volume since its September 2025 launch. The platform supports more than 440 tokenized U.S. stocks and ETFs, while centralized exchanges have contributed $18 billion of volume and hold $206 million in tokenized assets. Ondo Perps, launched in July 2025, has surpassed $8 billion in total volume, including more than $5 billion over the past 30 days, with open interest peaking at $87 million. Across Ondo’s broader product suite, holder counts and transfer activity have also risen, alongside growth in its tokenized Treasury products.