MDN Wire

JUST IN: Strategy sold $466.7 million $MSTR shares last week and put none of it into $BTC, per @TheBlockCo.

BREAKING: RWA open interest on @HyperliquidX smashed through a $3.6 billion all-time high, with total open interest hitting $11 billion.

BREAKING: Japanese financial giant, SBI Holdings, is building a Japan-led onchain financial market on @Solana. The venture, SBI Solana Global, counts Sumitomo Mitsui Financial Group among its shareholders, putting one of the world's systemically important banks behind the push.

NEWS: @RobinhoodApp Chain crossed $3.1 billion in DEX volume in its first week, ranking among the top five chains, per Bernstein. Over 65,000 users hold $300 million in stablecoins and $13 million in tokenized stocks on the chain.

JUST IN: WBTC deposits on @aave V4 doubled in 30 days and are now at an all-time high, per @tokenterminal.

INSIGHT: @HyperliquidX has generated more than $1.15 billion in all-time revenue, with most going towards $HYPE buybacks.

INSIGHT: Stablecoins just posted their largest monthly outflow since the Terra-Luna collapse, shrinking $7.7 billion in June.

INSIGHT: @aave is nearing $1 billion in annualized fees, per @DefiLlama.

BREAKING: @HyperliquidX is nearing $5 trillion in all-time perp DEX volume.