TREE NEWS update: Arbitrum founder Steven Goldfeder and Solana co-founder Toly clashed over Robinhood Chain’s fee model. Toly said the 10% revenue share paid to Arbitrum covers 4x Solana’s transaction fees, implying lower user gas costs on Solana. Goldfeder countered that Robinhood retains ~90% of gas revenue on Arbitrum, choosing to be a ‘landlord, not a tenant.’
TREE NEWS update: TXYZ (tradexyz) has launched HIP-4, introducing 8 outcome markets covering stock prices, American football, and the US Open women’s singles champion. The announcement was made via HyperliquidNews on X, marking an expansion of its event-driven trading platform.
TREE NEWS reports: Uniswap founder Hayden Adams compared Robinhood’s and Ondo’s stock tokens to early stablecoins on Friday, hours after Dinari co-founder Gabriel Otte called the same instruments “indisputably worse for the end investors than even common stocks.” Three models are competing for $2.91 billion of tokenized assets.
TREE NEWS update: On-chain analyst Mlm onchain reports TradeXYZ has deployed its HIP-4 DEX on Hyperliquid. On-chain records show the deployment was completed at 21:15 Beijing time on September 5. The launch marks a new trading venue on the Hyperliquid ecosystem.
TREE NEWS reports: Nest, a meme coin on Robinhood Chain, saw its market cap briefly exceed $6 million, a 24-hour surge of over 990x. It now stands at $5.6 million. Nest is a multi-stock basket token launchpad built on Pons V2, funneling creator fees into Nest Vault to buy stock tokens.
TREE NEWS reports: Polymarket-style prediction tool monitoring shows a new account (0x1225ca13a36b93e0b4c8d58ffef00576c2dae7a0) purchased $66,000 worth of shares on TES defeating IG in the LPL playoff event, at an average price of 56.6 cents, buying 117,857.2 shares. The match is the lower bracket first round of the LPL third stage playoffs, a BO5 single elimination. The match started at 14:00 on September 5, with IG currently leading 1-0.
TREE NEWS update: As staking yields converge below 3%, the key question is control: non-custodial staking separates signing keys from withdrawal credentials, ensuring node operators cannot access funds. ImToken’s non-custodial staking uses InfStones for operations while users retain withdrawal control, even enabling forced exits via EIP-7002. In contrast, Lido’s liquid staking pools ETH under protocol-controlled withdrawal credentials, offering liquidity but a different trust model.
TREE NEWS reports: A whale identified as 0x6436 has purchased another 343,000 HYPE tokens worth $29.09 million. The whale’s total accumulation now stands at 3.24 million HYPE, valued at $252 million, all of which has been staked.
TREE NEWS update: USDC Treasury added 250 million USDC on the Solana network at 09:09 Beijing time on September 5. The new tokens bring the total supply on Solana to over 2.5 billion USDC.
TREE NEWS reports: Market makers Wintermute and Galaxy Digital hold short positions worth approximately $99.82 million and $26.41 million respectively on Hyperliquid, with long positions around $5.12 million and $6.21 million. Combined shorts total about $126.2 million, while longs are $11.33 million. Over the past 30 days, Wintermute lost about $15.3 million and Galaxy Digital about $5.96 million.
TREE NEWS update: USD AI has created GPU asset-backed credit for underserved mid-sized borrowers and tokenized the loans. He called GPUs one of the most important commodities of the digital age, noting real-world credit is moving on-chain. Bitwise will provide access via PAPY.
TREE NEWS reports: Robinhood Chain’s total value locked surged about 90% in 30 days to $757 million, ranking 12th network-wide, but Robinhood’s own users contribute only 1-2% of transaction volume. The chain’s daily DEX volume exceeded $1 billion, latest at $1.69 billion, about 17% of global DEX volume. Weekly volume reached $8.2 billion, trailing only Solana and Ethereum. Uniswap intermediates 77% of the chain’s volume, accounting for over 50% of Uniswap’s total volume.
TREE NEWS update: SoFi and Payward, Kraken’s parent, announced a deal linking banking rails to crypto markets with 24/7 settlement. Payward will join SoFi’s round-the-clock dollar settlement network and list SoFiUSD on Kraken, while SoFi taps Kraken Prime for crypto liquidity.
TREE NEWS reports: LIT rose 13% to $4.21 and has doubled in 30 days as traders speculate on a U.S. perpetuals launch that Lighter has not applied for. Robinhood order flow now supplies 17% of the exchange’s daily volume, up from 12% on a 30-day basis, even as sector-wide perp DEX volume fell 30% in seven days.
TREE NEWS reports: Trading terminal volume crossed $1 billion on Sept. 2, the first time since January 2025, with GMGN accounting for nearly half. Of GMGN’s trades, 91% settled on Robinhood Chain. DEX volume across all networks rose 26% over 30 days, while GMGN’s Solana volume stayed flat.
TREE NEWS update: Prediction market Polymarket has listed 67 perpetual futures contracts on stocks, crypto, indices, and commodities, offering up to 20x leverage. The platform blocks order placement from the United States, limiting access to non-U.S. users.
TREE NEWS update: Mantle has added Paxos-issued USDG as a natively minted stablecoin, integrating it into its ecosystem. The move also sees Mantle join the Global Dollar Network, a network that shares rewards from USDG’s reserves with participating platforms. This integration aims to expand stablecoin utility within Mantle’s DeFi applications.
TREE NEWS update: Curve DAO approved yRisk, backed by two Resupply developers, to manage protocol risk with 536.9 million veCRV votes and no opposition. The mandate, funded Sept. 2 with 125,000 frxUSD and 568,181 CRV, went ahead despite Resupply’s $9.6 million exploit in June 2025, which was not disclosed in the proposal.
TREE NEWS reports: Uniswap founder Hayden Adams said correlation trading pairs will push automated market makers (AMMs) into global financial markets. He noted that tokenized stocks are already trading against SPY on Uniswap pools on Robinhood Chain, with $33 million in volume and over 11,000 traders in the first 12 days. Adams argued that programmable, low-cost, 24/7 markets will restructure traditional finance, as passive AMM strategies become competitive in correlated pairs.
TREE NEWS update: Diameter Pay, a stablecoin payment infrastructure startup, has raised $10 million in a Series A funding round co-led by CMT Digital and Lightspeed Faction, with participation from SixThirty Ventures, Stellar Development Foundation, Tech Council Ventures, Onigiri Capital, and BitRock Capital. This marks the company’s first funding round since its inception.