defi

According to Cointelegraph, Aave founder Stani Kulechov stated that by 2050, DeFi could benefit from tokenizing $50 trillion worth of "abundant assets" (such as solar energy), thereby opening up a new category of on-chain collateral.Data from RWA.xyz shows that nearly $25 billion of real-world assets have already been tokenized on-chain, but they primarily exist in the form of U.S. Treasury bonds, stocks, commodities, private credit, and real estate.Kulechov expects these scarce assets to continue to grow, but "the greatest impact of tokenization can be achieved through the tokenization of abundant assets." By 2050, solar energy alone could account for $15-30 trillion.

AINFT officially launches its new product, Bank of AI, focusing on on-chain payments, identity, and DeFi financial capabilities for AI Agents, and has taken the lead in supporting both TRON and BNB Chain.In terms of functionality, it natively supports x402 and 8004 standards, covering on-chain payments and identity management, and allows AI Agents to participate in DeFi operations such as lending, exchanging, and earning through automation via MCP Server and Skills. Additionally, the product supports the OpenClaw extension plugin, enabling any Agent to quickly gain complete capabilities in payments, identity, and DeFi. AINFT is a Web3 native AI platform dedicated to connecting mainstream AI capabilities with on-chain asset systems. As of now, the user base has surpassed 390,000.

Chase, the former head of listings at Binance, stated in an interview, "The Binance listing team has a total of more than a dozen people, with 4 of us, including myself, who can actually engage with projects. In my two and a half years here, I have reviewed over 1,000 crypto projects, and I estimate that around 100 projects will have their tokens listed on Binance (including Alpha) in 2025. The ratio of projects that can be listed after communicating with the founders is about 5% to 10%. Bitcoin will definitely reach a historical high in 2026.In a week of 2025, after Bitcoin's daily K-line rose continuously for 7 days with the same amplitude and trading volume, it suddenly dropped. This pattern indicates the presence of a strong "whale" that can control the entire chip situation. I understand this as someone or a group wanting to announce to the world that the price of Bitcoin is now under their control, and they hope that those who understand will join in.Market makers do not look at fundamentals but only at the liquidity they believe in. Therefore, the above situation either belongs to the market liquidity at that time being controlled by a few market makers with the same algorithm, or it is that a certain group with chips believes that other groups will not participate in trading during that time period."

According to CoinDesk, the U.S. Senate's cryptocurrency market structure bill has stalled over issues related to stablecoin yields.Bankers insist on a complete ban on stablecoin yields, arguing that it threatens bank deposit operations; the Digital Chamber of Commerce released a principles document today in response, willing to forgo interest on static holdings of stablecoins but insisting on retaining reward mechanisms related to liquidity provision and ecosystem participation, especially in the DeFi space. The White House has urged both sides to reach a compromise by the end of the month and may schedule a new round of meetings next week. Digital Chamber of Commerce CEO Cody Carbone stated that if bankers refuse to negotiate, the status quo will be the continued existence of reward mechanisms.

According to DL News, U.S. Treasury Secretary Scott Bessent stated in an interview with CNBC that advancing long-stalled cryptocurrency legislation such as the "Clarity Act" will help stabilize the currently weak market and restore investor confidence.Bessent pointed out that Bitcoin has a history of volatility, but some of the current fluctuations are "self-inflicted." He mentioned that a group of Democrats wishes to collaborate with Republicans to advance market structure legislation, but some cryptocurrency companies have been obstructing this.He stated that providing clarity for the "Clarity Act" during a time of historic market volatility and sell-offs would bring great comfort to the market, and it is crucial to complete this work as soon as possible. The cryptocurrency industry and the banking sector must reach an agreement on the market structure legislation before March 1.Bessent indicated that there is a wealth of innovation in the cryptocurrency and its derivative fields like blockchain and DeFi, and the legislation should be pushed for submission to the President for signing in the spring.

According to CoinDesk, the DeFi Education Fund (DEF) based in Washington, USA, stated in response to the UK Financial Conduct Authority (FCA) regarding the consultation paper on the regulation of crypto asset activities that regulatory obligations should only apply to entities that have "unilateral control" over user assets or transactions, and should not be considered intermediaries solely for developing or participating in decentralized protocols.DEF argues that "control" should be linked to specific operational powers such as the ability to unilaterally initiate or block transactions, modify protocol parameters, or exclude users, and warns that directly applying the requirements for prudent regulation, reporting, and platform access of centralized trading platforms, as well as complete anti-money laundering obligations, to automated, non-custodial DeFi protocols will be structurally mismatched.

Ondo Finance announced that the tokenized stocks of Ondo Global Markets are now live in the DeFi lending market, with SPYon and QQQon being the first to launch, integrated with Morpho and Gauntlet.Ondo's tokenized stocks and ETFs are now available as efficient risk management collateral assets in Ethereum DeFi.

According to official news, Ondo Finance announced a partnership with Chainlink to accelerate the application of tokenized U.S. stocks in the DeFi space by adopting Chainlink as the official data oracle.It was introduced that Chainlink provides institutional-grade pricing tailored specifically for Ondo's on-chain tokenized stocks, allowing DeFi protocols to price Ondo Global Markets assets with top-tier accuracy, manage positions securely, and offer users stronger protection during market volatility.Currently, the initial lending of Ondo tokenized assets, including SPYon, QQQon, and TSLAon, supported by Chainlink, has gone live on Euler, enabling users to borrow stablecoins using tokenized stocks and ETFs as collateral. In the future, tokenized stocks and ETFs will expand to more markets, vaults, and structured products, facilitating more efficient capital deployment and portfolio construction.

According to DL News, the founding team of Uniswap Labs won a patent infringement lawsuit this week. The case against its decentralized exchange (DEX) was brought by the founders of Bancor, but New York District Judge John Koeltl ruled on Tuesday to dismiss the lawsuit, stating that the plaintiff failed to present a reasonable request for relief. The case involves the code used in Uniswap's original protocol from 2018.Bprotocol Foundation and LocalCoin Ltd. accused the code of belonging to Bancor's patented infrastructure, claiming that Uniswap Labs "profited significantly" without permission. Uniswap's Assistant General Counsel Jolie Yang stated, "This victory is significant for the DeFi community, protecting developers to innovate and improve existing concepts without the worry of patent trolls." The ruling noted that Bancor's patent claims abstract concepts like currency exchange, which are not protected under U.S. patent law. The mechanism (CPAMM) was initially proposed by Bancor in 2017, promoted by Uniswap in 2018, and became a mainstream design for early DEXs; Bancor had previously open-sourced the CPAMM code.

Messari released the BNB Chain Q4 2025 report, stating that the year-end market capitalization of BNB reached $118.9 billion, a year-on-year increase of 17.8%, making it the third largest cryptocurrency asset; the average daily trading volume in Q4 increased by 30.4% to 17.3 million transactions, and the number of active addresses rose to 2.6 million.RWA has become the main growth engine, with an on-chain scale of $2 billion, a quarter-on-quarter increase of 228% and a year-on-year increase of 555%, second only to Ethereum; the market capitalization of stablecoins increased by 9.2% to $15.2 billion, and the DeFi TVL was $6.6 billion, with PancakeSwap accounting for 33.5%.

During Consensus HK, Gate hosted a high-end networking reception and invited over a thousand industry guests to participate. Gate's founder and CEO Dr. Han stated in the keynote speech "What's the Next Big Thing in Crypto" that the acceleration of RWA and TradFi assets onto the blockchain is driving the integration of traditional finance and the crypto system from conceptual fusion to large-scale implementation, with multi-asset collaboration becoming an important engine for the next phase of industry expansion.In line with this trend, Gate continues to enhance its TradFi product offerings, covering various asset classes such as stocks, metals, forex, indices, and commodities. It supports trading of popular assets like gold, silver, Tesla, Nvidia, and Apple, with leverage up to 500 times, and has launched an industry-first adjustable leverage mechanism for gold, enhancing the flexibility of asset allocation.Data shows that Gate's total TradFi trading volume has surpassed $33 billion, with a single-day peak trading volume exceeding $6 billion, demonstrating the platform's significant advantages in multi-asset trading structure and liquidity integration. This also provides a verifiable scale sample for crypto trading platforms to accommodate traditional financial assets, further driving the industry towards a multi-asset and integrated direction.

Former Multicoin co-founder Kyle Samani predicts that in the next 18 months, advancements in the microstructure of the Solana on-chain market will surpass any other period in cryptocurrency history. Notable expectations include:Alpenglow: A major upcoming consensus mechanism upgrade for Solana, representing one of the largest protocol-level changes in Solana's history.ACE (Application Controlled Execution): Application controlled execution is a key innovation in Solana's core roadmap.MCL (Multi-Concurrent Block Production): Future upgrades for Solana will allow multiple leaders to propose blocks simultaneously, significantly increasing throughput and reducing latency, while improving transaction inclusion times and censorship resistance.PropAMMs (Proprietary Automated Market Makers): Deployed privately by professional market makers/institutions, using real-time price oracles to update quotes and actively manage liquidity, typically not accepting permissionless deposits.Aggregators: Aggregators like Jupiter and Dflow aggregate liquidity from multiple DEXs, AMMs, PropAMMs, etc., to find the optimal execution path for users, providing the lowest slippage and best prices.Conditional liquidity: Prevents market makers from being front-run, allowing them to offer tighter spreads, ultimately resulting in better trade prices and deeper liquidity.Overall improvements to SVM and the scheduler: Including optimizations for compute units, asynchronous program execution (APE), scheduling algorithm upgrades, etc., making programs run faster, more resource-efficient, and supporting higher concurrency.

The on-chain options market has seen a historic surge in trading volume over the past two weeks, recording $44 million in the first week of February and $28 million in the last week of January. Currently, over 80% of the trading volume is concentrated in the two major protocols, Ithaca and Derive, which processed $26 million and $11 million in transaction volume last week, respectively, while the third place, Overtime, only recorded $2 million.There is no consensus in the market regarding the reasons for the surge in trading volume. Possible factors include the annualized yield on USDT lending on Aave dropping to about 2%, reducing its attractiveness; and market expectations for the upcoming launch of the HIP-4 market on Hyperliquid. Notable DeFi trader Route 2 Fi recently posted on the X platform, stating that the 2% annualized yield on USDT on Aave has lost its appeal, sparking widespread discussion in the community and reflecting that some users are actively seeking alternative investment channels for higher returns.

At the "Build and Scale in 2026" themed forum recently held by ChainCatcher in Hong Kong, Jayendra Jog, co-founder of Sei Labs, delivered a keynote speech on "The Future of Payments: The Current State of Stablecoin Development in 2026," stating that stablecoins are surpassing DeFi to become the killer application of blockchain, and their revenue model will become a more promising income model than transaction fees.However, regarding the current rise of the "dedicated stablecoin chain" trend, Jayendra Jog expressed a cautious attitude. He stated that while dedicated chains have optimized throughput and compliance features, their differentiated advantages are limited and have yet to prove effective in driving large-scale adoption.Jayendra Jog also highlighted the latest developments of Sei Network. He mentioned that Sei Network is now the lowest-cost EVM-compatible stablecoin transfer chain, with an average of 200 stablecoin transfers costing only $0.0005. The upcoming Sei Giga will achieve a throughput of up to 200,000 TPS and a final confirmation time of 400 milliseconds, providing high-performance infrastructure for stablecoin payments, RWA, and derivatives trading.

According to SoSoValue data, the cryptocurrency market sector is experiencing a broad decline after a brief rebound. Bitcoin (BTC) has dropped 1.93% in the last 24 hours, falling below $70,000, while Ethereum (ETH) has decreased by 4.51%, reaching the $2,000 mark.Meanwhile, DeFi has fallen by 3.81%, but River (RIVER) has risen for two consecutive days, increasing by 29.23% in the last 24 hours.In other sectors, the PayFi sector has decreased by 2.12%, with Monero (XMR) remaining relatively strong, rising by 1.93%; the CeFi sector has dropped by 2.46%, but Aster (ASTER) has increased by 6.35%; the Layer2 sector has declined by 2.72%, with Starknet (STRK) falling by 4.93%; the Layer1 sector has decreased by 2.95%, while Canton Network (CC) has surged by 0.58% during the day; the Meme sector has dropped by 2.96%, with PIPPIN (PIPPIN) significantly rising by 33.18%.The cryptocurrency sector indices reflecting historical market trends show that the ssiMeme, ssiLayer1, and ssiDePIN indices have decreased by 4%, 3.88%, and 3.29%, respectively.

According to The Block, the American trading platform Robinhood has announced the launch of its Ethereum Layer 2 blockchain public test network based on Arbitrum.The network aims to lay the foundation for a tokenized physical asset ecosystem and enable developers to leverage DeFi liquidity within the Ethereum ecosystem. The public testing phase will support experiments to identify issues and improve network stability in preparation for the future mainnet launch.

Robinhood's official website has announced the upcoming launch of the Robinhood Chain public testnet, which is an Ethereum Layer 2 network focused on the tokenization of real-world assets and digital assets, aiming to accelerate the development of on-chain financial services.Developers can now build and validate applications based on the core infrastructure, with multiple infrastructure service providers already onboarded, and more partners expected to join in the early stages of the testnet. Robinhood stated that the public testnet lays the groundwork for developers to explore potential and validate applications in advance, preparing for the mainnet launch and promoting the tokenization of real-world assets and DeFi liquidity access. It is reported that Robinhood Chain will support 24/7 trading, cross-chain bridging, and self-custody, covering application scenarios such as tokenized asset platforms, lending protocols, and perpetual contract exchanges.