DeFi

UNI rose 3.16% in 24 hours as USD 831.55 million turnover and recent permissioned-pool progress kept DeFi attention elevated.

Charles Schwab said it plans to add SOL to Schwab Crypto Direct, while Bitwise’s Solana Staking ETF surpassed $1B in AUM in 10 months. Solana also closed its first binding on-chain governance vote, alongside a 25% network speed increase. The network additionally rolled out fixed-rate credit and a tokenization project tied to a graded 1997 manga magazine featuring Luffy’s debut.

USDD has launched an Ethereum-based USDD Vault that lets users mint the stablecoin using ETH and WBTC as collateral. The vault sets a minimum collateral ratio of 130% and a stability fee of 4%, operating via an on-chain CDP mechanism without intermediaries. The setup offers ETH and WBTC holders a way to unlock liquidity while maintaining exposure, and deploy minted USDD across more DeFi use cases to expand USDD’s multi-chain ecosystem and user reach.

MoonPay has integrated Solana-based lending protocol Kamino into its AI payments vault, PayBox. Eligible users can now lend and borrow on Solana directly through AI interfaces such as ChatGPT or Claude. The integration embeds DeFi functions into mainstream AI assistants, aiming to lower the barrier to using on-chain finance and broaden crypto payment use cases.

Ethereum staking has climbed to a new all-time high, with 42.40M ETH now staked, representing 34.77% of the total supply. Both the amount staked and its share of supply have set fresh records. More than one third of ETH is being used to help secure the network and earn yield, and the share continues to rise.

USDD said it has expanded its Vault to the Ethereum network, allowing users to mint the USDD stablecoin by depositing ETH or WBTC as collateral. The overcollateralized, user-controlled CDP model sets a minimum collateralization ratio of 130% and a stability fee as low as 4%. The move is aimed at improving capital efficiency by letting users unlock liquidity while retaining upside exposure to the underlying assets. It also positions USDD as evolving from a single stablecoin into a multi-chain yield infrastructure with on-chain yield opportunities.

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

Stacks’ Q2 report says the total number of wallets in its ecosystem has surpassed 1.6 million. It also notes that its Bitcoin-based staking feature has moved into a public testnet phase and is scheduled for an official launch in Q3. The update signals deeper integration between Stacks and the Bitcoin network, laying groundwork for a subsequent mainnet rollout.

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.