Robinhood Chain Surpasses $99B in DEX Volume, $1B TVL in 100 Days
TREE NEWS reports: Robinhood Chain, the tokenized stock trading platform, has processed over $99 billion in DEX volume and surpassed $1 billion in total value locked (TVL) within approximately 100 days of launch. Morpho deposits on the chain also exceed $1 billion, with over 190 tokenized stocks listed, 200,000 holders, and coverage across 120+ countries. Related DEX volume stands at around $15 billion.
ZKsync Unveils Airbender Prime Prover
ZKsync has introduced Airbender Prime, a zero-knowledge prover that can prove 7,200 blocks with 99% completion within 10 seconds and full completion within 12 seconds. The prover emphasizes post-quantum security and formal verification, marking a significant step in scaling Ethereum’s ZK infrastructure.
ENS DAO Proposes ENSv2 Mainnet Activation
ENS DAO has submitted a draft for ENSv2 mainnet activation. The proposal ensures existing .eth domains are not forced to migrate, providing continuity for current users while enabling new functionality.
Starknet and Aptos Advance Privacy and MEV Protection
Starknet launched Shadow Accounts, a privacy feature that separates address privacy. Aptos has activated its encrypted mempool on mainnet, reducing MEV risk, with Petra and Decibel integrating the feature.
PancakeSwap and Osmosis Adjust Tokenomics
PancakeSwap proposed raising all LP revenue shares to 88% and reducing daily CAKE emissions to 7,000. Osmosis plans to halt OSMO inflation, signaling a shift toward sustainable tokenomics.
Lido Expands to L2s, Blur Shuts Down Frontend
Lido has integrated native staking across four major L2s. Blur will close its frontend in November, with Blend stopping new loans and requiring early repayment. Network School is set to acquire Farcaster, with Neynar’s team joining to continue development.
Analysis: DeFi Maturation and Strategic Pivots
The week’s developments highlight a maturing DeFi landscape. Robinhood Chain’s rapid growth demonstrates strong demand for tokenized real-world assets and accessible trading. ZKsync’s Airbender Prime pushes the boundaries of ZK-proof efficiency, crucial for Ethereum’s scalability. ENSv2’s careful approach to migration reflects lessons learned from past upgrades. Meanwhile, PancakeSwap and Osmosis adjusting tokenomics show a industry-wide focus on sustainable yields. Blur’s shutdown and Farcaster’s acquisition underscore consolidation and evolving business models in the NFT and social sectors.
Forward Look
Expect continued innovation in ZK-proofs and privacy solutions, with L2s becoming more integrated into staking and DeFi. Tokenomic reforms may set new standards for sustainable protocol economics. The acquisition of Farcaster by Network School could reshape decentralized social media, while Blur’s exit signals challenges in the NFT market. Overall, DeFi is maturing, with a clear trend toward efficiency, security, and real-world integration.
