Adam

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Two major Aave x Pendle updates: -The July sUSDe PT cap on Aave has been increased by $300m -A new August USDe Pendle pool for BNB Chain is now live Ethena has seen over $1b in USDe growth in 3 weeks, driven largely by Pendle borrow loops

> largest money market on move > $88m+ btc and $200m+ in stables on @aptos > highest lending yields across ALL chains (can casually farm 100%+ apr on stables) seems like a decent place to farm yield and points tbh

Bybit is now MiCAR regulated.

Rev the Global Trading Engine. @ThalaLabs contributed over $850M this month in volume as money movement continues to thrive across the Aptos ecosystem. Keep the milestones coming. Thala 🤝 Aptos

JUST IN: @circle has filed for an IPO on the @NYSE. The stablecoin giant's shares will trade under the ticker "CRCL." By @parikshitm899. trib.al/hhFUHEn

The global trading engine is in motion. Daily DEX volumes on Aptos have now broken $100M+ for the third time, with total on-chain trading surging over 3.5x since January. Thala has contributed $850M+ in volume this month alone - powering the liquidity engine of @Aptos.

Bribes from rollups. Are you brave enough to take them? The Cabal mainnet is live. Maximize your yield at app.thecabal.xyz

We’re aware of an exploit this morning on Sui network’s Cetus DEX. We can confirm that the specific vulnerability was isolated to the Sui network and Aptos remains unaffected. Our security and eng teams continue to monitor the situation, and will provide an update when we have one We understand that network exploits can cause uncertainty and know how hard incidents like this can hit LPs, builders and users. We feel for those impacted. While the incident did not affect the Aptos network, we take all vulnerabilities seriously, and remain committed to maintaining trust and safety Let’s keep pushing together

Bitcoin moves better on Aptos. With xBTC from OKX launching on @Aptos, users will shortly be able to swap, lend, borrow, and provide liquidity to the BTCfi ecosystem!

The growth profile for USDe has always been non-linear and hard to forecast with periods of parabolic expansion, followed by months of flat or bleeding supply that sets higher lows through time USDe supply is back into growth for the first time in ~3 months with $300m added in the last few days to get back to ~$5b The last growth period for USDe in October last year added ~$4b of supply in under 8 weeks where inflows outpaced the majority of BTC ETFs and all ETH ETFs combined That period of growth was with a fraction of the current distribution channels we have put in place since then I expect this next leg up will be more violent than the last

Confession: Like many, I've ignored @Aptos for too long Came across @ThalaLabs and realised I've been missing out on yields that make tradfi look like a piggy bank. → $APT yields, validator rewards, stablecoin, and LSTs All in👇

in the last 2 months at defillama we've had lots of tradfi institutions contact us about defi data, way more than what we saw before feels like tradfi interest in defi is significantly picking up

DeFi infra built for the high-speed rails of Aptos >>> New alpha revealed by @ThalaLabs as the team continues to deliver innovative features that expand DeFi composability on Aptos using the Dispatchable Fungible Assets (DFA) Standard 🌐

Stablecoins, Lending, Perps, Onchain Basis Trade, Tokenized Assets. Entire next gen of finance and the continuation of the legacy financial system. Whoever can solve for compliance, security, and public markets aspects on top of DeFi products will win big these 4 years.

This week's sUSDe reward distribution is ~8% APY Note: with the recent improvement in funding rates the composition of USDe has begun gradually shifting towards USDT-M perpetual positions As a result the sUSDe APY this week was diluted by the composition of backing transitioning back into basis positions, the effect of which will have subsided by next week once this transition is complete app.ethena.fi/dashboards/tra…

guys what a day… - S&P 500 erases all 2025 losses - $NVDA selling 18K chips into Saudi Arabia, unlocking billions of dollars of new revenue - Google, Salesforce, Oracle pumping $80B into Saudi Arabia for datacenter investments - Trump & every major tech leader including Alex Karp, Elon Musk, Jensen, Lisa Su, and more meeting with the Saudi Prime Minister - The Saudis committing to put in $500B+ into the US and begin using their oil money to seriously focus on building out an AI future - Inflation DOWN AGAIN for the 3rd month in a row - Multiple names like $PLTR, $NVDA, and $HOOD and more hitting 52-week highs or ATH ARE WE SO BACK?

It’s clear that building the global trading machine is the top priority for web3 applications. Blockchains are perfect for small amounts of data and quick computations - exactly what a global trading engine does. As the blockchain that is relentlessly designed for trading assets, @Aptos tech is made to power asset movement as quickly and efficiently. Fastest decentralized block times at 130ms and going sub-100ms soon. Zaptos is the optimal blockchain pipeline to minimize user finality. Shardines scales shared state to the moon. rAPTr is the highest throughput and lowest latency protocol to date. Aptos Build accelerates Move development and has the fastest and most powerful web3 builder environment available. Aptos connect and @PetraWallet make user access a breeze. Next-generation apps like @hyperion_xyz and live apps like @Merkle_Trade @ThalaLabs can leverage all this tech provide the best possible decentralized customer experience. Innovative builders are already testing new scale and new ideas. 2025 will have unprecedented announcements incoming. Aptos

People have asked me about my Aptos holdings. I still own ~98% of my APT tokens. You too should have exposure to the move language.

.@ethena_labsis the most interesting/useful protocol in all of crypto IMO. sUSDE already big and growing, iUSDE (institutional version) will be incredibly important too and fundamental for stablecoin adoption.