Recent market attention has focused on the x402 protocol, designed for automated micropayments between AI agents, while its complementary underlying standard, ERC-8004, has quietly entered the scene. These are not competing entities but rather key components working together to build the commercial landscape for AI agents. * x402's Role: As the "currency" of the machine economy, the x402 protocol solves payment issues between AI agents, focusing on the payment standard within the communicatio...

Recent market attention has focused on the x402 protocol, designed for automated micropayments between AI agents, while its complementary underlying standard, ERC-8004, has quietly entered the scene. These are not competing entities but rather key components working together to build the commercial landscape for AI agents. * x402's Role: As the "currency" of the machine economy, the x402 protocol solves payment issues between AI agents, focusing on the payment standard within the communicatio...

Google has unveiled an open-source payment protocol designed to give AI applications a single, universal standard for exchanging value. For the first time, the tech giant has embedded stablecoins at the heart of the stack, alongside legacy rails such as credit cards. The move is intended to solve the cross-border settlement, speed and value-transfer headaches that arise when autonomous AI agents start paying one another. More Than 60 Partners, from Coinbase to the Ethereum Foundation More tha...

Google has unveiled an open-source payment protocol designed to give AI applications a single, universal standard for exchanging value. For the first time, the tech giant has embedded stablecoins at the heart of the stack, alongside legacy rails such as credit cards. The move is intended to solve the cross-border settlement, speed and value-transfer headaches that arise when autonomous AI agents start paying one another. More Than 60 Partners, from Coinbase to the Ethereum Foundation More tha...

When the "Cries from Afar" Become Everyday Noise We seem to be living in an era surrounded by the "cries from afar." This is not the philosophical debate about the value of art and life that Li Dan argued about, but a more common, more trivial daily experience: in phone notifications, Silicon Valley elites argue vehemently over the AI bubble; in news feeds, financial pundits beat their chests over every rise and fall of the Crypto market. These grand narratives from the "temples" of technolog...

When the "Cries from Afar" Become Everyday Noise We seem to be living in an era surrounded by the "cries from afar." This is not the philosophical debate about the value of art and life that Li Dan argued about, but a more common, more trivial daily experience: in phone notifications, Silicon Valley elites argue vehemently over the AI bubble; in news feeds, financial pundits beat their chests over every rise and fall of the Crypto market. These grand narratives from the "temples" of technolog...

When Trump Praised Islamabad Over New Delhi, It Wasn’t Just Optics—It Was Geopolitics Islamabad is no longer treating digital assets as a speculative sideshow; it is weaving them into the constitutional fabric of energy, trade, governance, and diplomacy. The payoff is already visible: surging U.S. goodwill, global headlines, and a quiet but decisive shift in the South-Asian balance of power.Laying the Tracks Years Before the HeadlinesMarch 2023: Avanza Group launches Pakistan’s first national...

When Trump Praised Islamabad Over New Delhi, It Wasn’t Just Optics—It Was Geopolitics Islamabad is no longer treating digital assets as a speculative sideshow; it is weaving them into the constitutional fabric of energy, trade, governance, and diplomacy. The payoff is already visible: surging U.S. goodwill, global headlines, and a quiet but decisive shift in the South-Asian balance of power.Laying the Tracks Years Before the HeadlinesMarch 2023: Avanza Group launches Pakistan’s first national...

1. Why HIP-3 Matters HIP-3 turns Hyperliquid from a perp-DEX into permissionless financial Lego. Anyone can now spin up a perp market on anything—pre-IPO shares, GPU compute, commodity volatility, even funding-rate spreads—without asking VCs or DAOs for permission. Twenty-odd apps are already live on test-net, most boot-strapped and pseudonymous, exactly the environment that produced the last cycle’s 100× winners. Below are the verticals and the names traders are whispering about.2. Front-End...

1. Why HIP-3 Matters HIP-3 turns Hyperliquid from a perp-DEX into permissionless financial Lego. Anyone can now spin up a perp market on anything—pre-IPO shares, GPU compute, commodity volatility, even funding-rate spreads—without asking VCs or DAOs for permission. Twenty-odd apps are already live on test-net, most boot-strapped and pseudonymous, exactly the environment that produced the last cycle’s 100× winners. Below are the verticals and the names traders are whispering about.2. Front-End...

1. Overall Dapp Usage Drops—Gamers Hold the Line Daily Unique Active Wallets (dUAW) fell 22.4 % quarter-on-quarter to 18.7 mln. Social and AI dapps took the biggest hit, while games kept a 25 % category share, followed by NFT (18.5 %) and DeFi (17.9 %).AI cooled fastest: Virtuals Protocol went from 10 k dUAW in Q2 to ≈ 1.2 k; category share slid from 18.6 % → 16.8 %.Social collapsed from 3.8 mln → 1.57 mln dUAW and 15.9 % → 8.4 % share.Games consolidated leadership; top-five most-used dapps i...

1. Overall Dapp Usage Drops—Gamers Hold the Line Daily Unique Active Wallets (dUAW) fell 22.4 % quarter-on-quarter to 18.7 mln. Social and AI dapps took the biggest hit, while games kept a 25 % category share, followed by NFT (18.5 %) and DeFi (17.9 %).AI cooled fastest: Virtuals Protocol went from 10 k dUAW in Q2 to ≈ 1.2 k; category share slid from 18.6 % → 16.8 %.Social collapsed from 3.8 mln → 1.57 mln dUAW and 15.9 % → 8.4 % share.Games consolidated leadership; top-five most-used dapps i...

The tokenized RWA (Real World Asset) market has grown from $85 million to $25 billion in just five years, hailed as a bridge between traditional finance and DeFi. However, the article points out a "liquidity paradox": tokenization does not change the inherently illiquid and slow-to-liquidate nature of underlying assets (e.g., real estate, credit, commodities). Instead, it wraps them in a highly liquid shell that enables instant trading, leverage, and liquidation. This mismatch could amplify s...

The tokenized RWA (Real World Asset) market has grown from $85 million to $25 billion in just five years, hailed as a bridge between traditional finance and DeFi. However, the article points out a "liquidity paradox": tokenization does not change the inherently illiquid and slow-to-liquidate nature of underlying assets (e.g., real estate, credit, commodities). Instead, it wraps them in a highly liquid shell that enables instant trading, leverage, and liquidation. This mismatch could amplify s...

Recent controversy surrounding the centralized sequencer on Base chain has sparked debate over whether it constitutes a power monopoly. While the Base team clarified that the sequencer is only responsible for transaction ordering, not matching, and received support from Vitalik Buterin, the core issue remains: a centralized sequencer poses risks like transaction censorship and MEV extraction. Data shows Base chain generates $87 million in annual revenue, highlighting its profit potential. Alt...

Recent controversy surrounding the centralized sequencer on Base chain has sparked debate over whether it constitutes a power monopoly. While the Base team clarified that the sequencer is only responsible for transaction ordering, not matching, and received support from Vitalik Buterin, the core issue remains: a centralized sequencer poses risks like transaction censorship and MEV extraction. Data shows Base chain generates $87 million in annual revenue, highlighting its profit potential. Alt...

Why Focus on RWA? * The first half of 2026 could be a development window for the RWA sector, potentially due to ample macro liquidity and the approval of crypto ETFs. * As a financial product merging Web3 and Web2, RWA possesses long-term narrative value. Why Focus on OpenEden? * Compliance & Financial Recognition: Launched the world's first regulated yield-bearing stablecoin, $USDO. Its TBILL fund received near-top-tier ratings from S&P, Moody's, and Fitch. * Traditional Finance Collaboratio...

Why Focus on RWA? * The first half of 2026 could be a development window for the RWA sector, potentially due to ample macro liquidity and the approval of crypto ETFs. * As a financial product merging Web3 and Web2, RWA possesses long-term narrative value. Why Focus on OpenEden? * Compliance & Financial Recognition: Launched the world's first regulated yield-bearing stablecoin, $USDO. Its TBILL fund received near-top-tier ratings from S&P, Moody's, and Fitch. * Traditional Finance Collaboratio...

Pendle is one of the most successful DeFi protocols in this crypto cycle. Through its unique yield-splitting and trading mechanism, it has become a "price discovery venue" for yield-bearing assets. Its core mechanism divides yield-bearing assets into PT (Principal Tokens) and YT (Yield Tokens), allowing users to flexibly lock in fixed returns, amplify yield expectations, or engage in speculative arbitrage. This article provides a detailed analysis of Pendle’s strategic applications across dif...

Pendle is one of the most successful DeFi protocols in this crypto cycle. Through its unique yield-splitting and trading mechanism, it has become a "price discovery venue" for yield-bearing assets. Its core mechanism divides yield-bearing assets into PT (Principal Tokens) and YT (Yield Tokens), allowing users to flexibly lock in fixed returns, amplify yield expectations, or engage in speculative arbitrage. This article provides a detailed analysis of Pendle’s strategic applications across dif...