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Avara, the parent company behind Aave and Lens, has handed over control of the Lens protocol to Mask Network, the team responsible for on-chain social apps like Firefly and Orb. Avara will now focus more on DeFi, while Mask plans to usher in a product-driven era for Lens.
Just a day after the Lens announcement, Farcaster co-founder Dan Romero revealed that Neynar, a leading infrastructure provider for Farcaster, is acquiring the Farcaster app, protocol, and the Clanker stack. As a result, the original Farcaster leadership is moving on to new ventures, with Neynar now tasked with revitalizing the project and positioning it as a builder-first network.
Ethereum creator Vitalik Buterin commented:
“We need mass communication tools that serve the user’s long-term interest, not maximize short-term engagement”
ERC-8004 launched in January 2026, officially titled "Trustless Agents," is a proposed Ethereum standard designed to create a decentralized trust and discovery layer for autonomous AI agents.
The standard is built around three lightweight, interoperable on-chain registries that function as a "passport" and "credit score" for AI agents:
Identity Registry: Assigns each agent a unique, portable on-chain identifier using an ERC-721 (NFT) token. This token points to an off-chain Agent Card (JSON file) describing the agent's capabilities, APIs (such as Google’s A2A or Anthropic’s MCP), and wallet addresses.
Reputation Registry: Stores a permanent audit trail of performance feedback. To prevent spam, agents must authorize clients to leave feedback via a signed feedbackAuth message.
Validation Registry: Provides a framework for third-party verification of an agent's work. It supports multiple trust models, including crypto-economic validation (staking/slashing) and cryptographic verification (Zero-Knowledge Proofs or Trusted Execution Environments like Oasis ROFL).
It's designed to work alongside the x402 protocol (a payment standard for AI agents) to enable a complete "discovery-trust-payment" loop.
You can explore, creater and discover agents on https://www.8004scan.io/
Top-10 agents by Score
@minara provides real-time market analysis, DeFi guidance, swap intent parsing, perp trading suggestions, and prediction market analysis. Supports x402 with multi-chain support.
TokenWorks (we wrote about its perpetual Punk Machine early) introduced IndexStrategies.
Strategies are automated on-chain machines that buy and sell NFTs for profit returned to the protocol, forever, permissionless, oracless.
Many traditional “DATs” accumulate tokens, only to dump them later.
With Strategies, orders are fully on-chain and can't be changed or cancelled. This allows Strategy buyers to know exactly how they will handle the holdings in the future.
8,500+ registered users
1,500+ indexes created
Most Indexed Tokens:
@indexy_xyz ($i) with 259 indexes,
@bankrbot ($bnkr) with 191 indexes
@clanker_world ($clanker) with 173 indexes
Ethereum ($eth) with 171 indexes
@noicedotso($noice) with 170 indexes
Most Tracked Indices:
Volatility increased, ETH dominance decreased in December.
Listed below are ETFs (exchange-traded funds) invested in cryptocurrencies, Assets under management (AUM).
Total Cryptos Created last 30d are 2,426,747. New Cryptocurrencies Tracked.
CMC20 performs just a little better than CMC100.
According Defillama, an indexes protocols' TVL is $624.81M. TVL decreased.
Top 6 indexes protocols by revenue in January 2026.
GameFi index is the leader by ROI last month on SoSoValue.
It is very ironic that in the current market, the sector that everyone had long since written off has performed the best.
The SoSoValue GameFi Index ("ssiGameFi") targets the most valuable and tradable tokens in the sector. AXS is driving the entire index.
Sectors & subsectors by Mindshare in December 2025, according Messari.
Major Reasons for the Mindshare Spike in the Meme:
Broad Market Rally and "Risk-On" Sentiment. The total market capitalization for meme coins surged from approximately $38 billion to a peak near $48 billion in early January. As Bitcoin surpassed the $90,000 level, it fostered a "risk-on" sentiment that led retail traders to rotate back into high-risk assets=. Top Performers: Major tokens saw significant gains, with Pepe (PEPE) surging 73.5%, Bonk (BONK) rising 66.1%, and Shiba Inu (SHIB) gaining 32.3% in a single week.
The Solana launchpad Pump.fun hit an all-time high in daily DEX trading volume.
Smart Cashtags: Solana and X (formerly Twitter) announced a collaboration to introduce "Smart Cashtags," allowing for real-time on-chain asset visualization directly within the social platform
Dogecoin Foundation Launches First U.S. Spot 21Shares Dogecoin ETF on NASDAQ After SEC Approval.
Major Reasons for the Mindshare Spike in the Derivatives Sub-Sector:
Extreme Market Volatility and Liquidations.
CME Group, derivatives marketplace, announced plans to expand its leading suite of regulated Cryptocurrency derivatives with the launch of Cardano (ADA), Chainlink (LINK) and Stellar (Lumens) futures on February 9, pending regulatory review.
According funding.decentralised.co
Total funding: $450.7M (+19% vs prev. 30d)
Number of Deals: 28 (-28% vs prev. 30d)
Average Deal Size: $19.6M (+71% vs prev. 30d)
Avara, the parent company behind Aave and Lens, has handed over control of the Lens protocol to Mask Network, the team responsible for on-chain social apps like Firefly and Orb. Avara will now focus more on DeFi, while Mask plans to usher in a product-driven era for Lens.
Just a day after the Lens announcement, Farcaster co-founder Dan Romero revealed that Neynar, a leading infrastructure provider for Farcaster, is acquiring the Farcaster app, protocol, and the Clanker stack. As a result, the original Farcaster leadership is moving on to new ventures, with Neynar now tasked with revitalizing the project and positioning it as a builder-first network.
Ethereum creator Vitalik Buterin commented:
“We need mass communication tools that serve the user’s long-term interest, not maximize short-term engagement”
ERC-8004 launched in January 2026, officially titled "Trustless Agents," is a proposed Ethereum standard designed to create a decentralized trust and discovery layer for autonomous AI agents.
The standard is built around three lightweight, interoperable on-chain registries that function as a "passport" and "credit score" for AI agents:
Identity Registry: Assigns each agent a unique, portable on-chain identifier using an ERC-721 (NFT) token. This token points to an off-chain Agent Card (JSON file) describing the agent's capabilities, APIs (such as Google’s A2A or Anthropic’s MCP), and wallet addresses.
Reputation Registry: Stores a permanent audit trail of performance feedback. To prevent spam, agents must authorize clients to leave feedback via a signed feedbackAuth message.
Validation Registry: Provides a framework for third-party verification of an agent's work. It supports multiple trust models, including crypto-economic validation (staking/slashing) and cryptographic verification (Zero-Knowledge Proofs or Trusted Execution Environments like Oasis ROFL).
It's designed to work alongside the x402 protocol (a payment standard for AI agents) to enable a complete "discovery-trust-payment" loop.
You can explore, creater and discover agents on https://www.8004scan.io/
Top-10 agents by Score
@minara provides real-time market analysis, DeFi guidance, swap intent parsing, perp trading suggestions, and prediction market analysis. Supports x402 with multi-chain support.
TokenWorks (we wrote about its perpetual Punk Machine early) introduced IndexStrategies.
Strategies are automated on-chain machines that buy and sell NFTs for profit returned to the protocol, forever, permissionless, oracless.
Many traditional “DATs” accumulate tokens, only to dump them later.
With Strategies, orders are fully on-chain and can't be changed or cancelled. This allows Strategy buyers to know exactly how they will handle the holdings in the future.
8,500+ registered users
1,500+ indexes created
Most Indexed Tokens:
@indexy_xyz ($i) with 259 indexes,
@bankrbot ($bnkr) with 191 indexes
@clanker_world ($clanker) with 173 indexes
Ethereum ($eth) with 171 indexes
@noicedotso($noice) with 170 indexes
Most Tracked Indices:
Volatility increased, ETH dominance decreased in December.
Listed below are ETFs (exchange-traded funds) invested in cryptocurrencies, Assets under management (AUM).
Total Cryptos Created last 30d are 2,426,747. New Cryptocurrencies Tracked.
CMC20 performs just a little better than CMC100.
According Defillama, an indexes protocols' TVL is $624.81M. TVL decreased.
Top 6 indexes protocols by revenue in January 2026.
GameFi index is the leader by ROI last month on SoSoValue.
It is very ironic that in the current market, the sector that everyone had long since written off has performed the best.
The SoSoValue GameFi Index ("ssiGameFi") targets the most valuable and tradable tokens in the sector. AXS is driving the entire index.
Sectors & subsectors by Mindshare in December 2025, according Messari.
Major Reasons for the Mindshare Spike in the Meme:
Broad Market Rally and "Risk-On" Sentiment. The total market capitalization for meme coins surged from approximately $38 billion to a peak near $48 billion in early January. As Bitcoin surpassed the $90,000 level, it fostered a "risk-on" sentiment that led retail traders to rotate back into high-risk assets=. Top Performers: Major tokens saw significant gains, with Pepe (PEPE) surging 73.5%, Bonk (BONK) rising 66.1%, and Shiba Inu (SHIB) gaining 32.3% in a single week.
The Solana launchpad Pump.fun hit an all-time high in daily DEX trading volume.
Smart Cashtags: Solana and X (formerly Twitter) announced a collaboration to introduce "Smart Cashtags," allowing for real-time on-chain asset visualization directly within the social platform
Dogecoin Foundation Launches First U.S. Spot 21Shares Dogecoin ETF on NASDAQ After SEC Approval.
Major Reasons for the Mindshare Spike in the Derivatives Sub-Sector:
Extreme Market Volatility and Liquidations.
CME Group, derivatives marketplace, announced plans to expand its leading suite of regulated Cryptocurrency derivatives with the launch of Cardano (ADA), Chainlink (LINK) and Stellar (Lumens) futures on February 9, pending regulatory review.
According funding.decentralised.co
Total funding: $450.7M (+19% vs prev. 30d)
Number of Deals: 28 (-28% vs prev. 30d)
Average Deal Size: $19.6M (+71% vs prev. 30d)
2 comments
Of course, the transformation of decentralized social networks is inevitable. Once again, what Vitalik Buterin recently proposed - combining prediction markets and DAO markets with DeSoc - is one of the possible and important solutions.
I see the greatest threat here in commercialization, when social interactions, altruism, community spirit, and a sense of unity are replaced by financial gain and manipulation.