off-chain

According to official news, Hyperliquid now supports standardized outcome markets based on off-chain events. These markets are published by automated news source software operated by validators in daily on-chain operations. Validators will vote on the deployment and settlement of standardized markets based on factors such as whether the rules are clear, whether the results are correct, and the subjective quality of the market.

Vitalik Buterin stated at the 2026 Hong Kong Web3 Carnival that Ethereum's ultimate goal is to build a digital infrastructure where users do not need to trust any intermediaries, featuring "self-sovereignty," supporting various decentralized applications from finance, social interactions to identity verification, which will serve as trust anchors for off-chain applications (such as privacy voting, prediction markets, decentralized social).

According to disclosures from the GoPlus Chinese community, the prediction market platform Polymarket was hacked due to a design flaw in the synchronization mechanism between off-chain and on-chain trading results in its order system.The attacker manipulated the nonce, causing on-chain matched trades to be canceled or invalidated before execution, while off-chain records remained valid, leading to API false reports that affected trading behaviors of bots like Negrisk, resulting in user losses. The analysis of the attack process is as follows:The attacker submitted/matched large reverse trades with the market-making bot on the Polymarket off-chain orderbook.The attacker constructed transactions with forged/repeated nonces or utilized on-chain nonce competition, causing the on-chain transactions to inevitably revert.The Polymarket API returned "transaction successful" to the bot before on-chain confirmation, leading the bot to believe that the position had been hedged, while the actual on-chain state had not changed.The attacker then executed real on-chain trades to take advantage of the direction exposed by the bot, thus profiting "risk-free."Since the revert occurred at the chain level, Polymarket fees would not explode, making the attack cost controllable and executable continuously.GoPlus recommends that users pause automated trading tools, verify on-chain trading statuses, enhance wallet security, and closely monitor official announcements from Polymarket.

At the "Build and Scale in 2026" themed forum held by ChainCatcher in Hong Kong, Michael, co-founder & CEO of the ZK verifiable computing platform Brevis, delivered a keynote speech on "The Infinite Computing Layer Where Everything Can Be Computed," sharing how ZK technology is driving a fundamental transformation in the blockchain computing paradigm.Michael pointed out that the current on-chain computing costs are high and the speed is slow. The "verifiable computing" paradigm proposed by Brevis can offload heavy computations to off-chain, requiring only low-cost verification on-chain, achieving decoupling of computation and verification while supporting privacy protection scenarios.The speech showcased the performance breakthroughs of Brevis's core product, Pico ZKVM: its latest generation, Pico Prism, can complete Ethereum block proofs in an average of 6.9 seconds, with 99.6% of blocks completed within 12 seconds, achieving real-time proof (RTP) for Ethereum for the first time. Currently, Pico ZKVM, as an "on-chain ZK data co-processor," has been applied in various scenarios such as privacy-preserving incentive distribution, high-performance DeFi, and trustless on-chain data computation, providing Rust programming support for developers with zero ZK development experience.Michael predicts that in the next 10 years, 99% of blockchain computing will occur off-chain, verified through ZK proofs. Brevis is driving this process through its verifiable computing infrastructure.

According to official news, Falcon Finance has announced the launch of a new off-chain Bitcoin yield vault, designed for Bitcoin holders who wish to earn returns without altering their long-term holdings. The expected annual yield is between 3% and 5%, paid in Falcon's dollar-settled asset USDf.

According to data from Jupiter, the spot trading volume on the Solana chain officially surpassed all off-chain trading platforms except Binance in 2025, reaching $1.6 trillion.Since 2022, the trading volume on the Solana chain has skyrocketed from 1% of the total trading volume to 12%. In 2025, Solana's total trading volume officially exceeded that of Bybit, Coinbase Global, and Bitget. Meanwhile, since 2022, Binance's market share has decreased from 80% to 55%.

The Chief Legal Officer of the cryptocurrency venture capital firm Variant Fund, Jake Chervinsky, stated on social media, "The debate about tokens versus equity is just beginning. Many crypto projects were born during the era of former SEC Chairman Gary Gensler, when strong regulatory pressure forced development companies to direct almost all value towards equity rather than tokens. Now, the policy environment is changing, and new opportunities are emerging. It will take a lot of time and experimentation to figure out how (or if) tokens and equity can work well together. This experimental phase is starting right now.I don't have a specific stance on Aave's situation, but I want to emphasize one point: clarity is always the most important. Token holders must clearly understand what they actually own, what they can control, and what they cannot control. The design space for value capture in tokens is extremely broad, far exceeding that of traditional equity.I believe that for a considerable time, it will be unlikely to form a standardized token model like stocks. We believe that tokens should carry on-chain value, while equity should carry off-chain value. The core innovation unlocked by tokens is self-sovereign ownership of digital property. Tokens allow holders to directly own and control on-chain infrastructure without relying on off-chain intermediaries.Off-chain value, however, is different. Token holders cannot directly own or control off-chain income or assets, so in most cases, this value should belong to equity rather than tokens. Of course, other models may also work. Some projects may choose a single asset model with no equity at all; others may decide to treat their tokens as tokenized securities and apply the new rules that the SEC will establish for this market in the future."

Trader Murphychen posted that the current BTC balance on the exchange is only 2.936 million, reaching a new low for this cycle. This means that more BTC has been withdrawn to on-chain concentrated reserves and has not been deposited into the exchange for selling. The last time the balance was at such a low level was on December 17, 2022, after the FTX collapse, when the market initiated a withdrawal action due to distrust in centralized exchanges, leading to a sharp drop in exchange balances.Currently, both on-chain and on-exchange selling pressure have been cut off, and the speed of demand decline is coming to a halt, creating conditions for a rebound. Therefore, he believes that the rebound of BTC after the stop at 80,000 has not yet ended. However, whether it can continue to release momentum will depend on the subsequent changes in sentiment and risk appetite.

Famous Silicon Valley angel investor Naval Ravikant posted on X about the viewpoint of "wrapping assets like real estate and stocks on Zcash," stating, "Only owning digital, on-chain assets truly matters. Off-chain assets, even if wrapped on-chain, can at most gain some minor tracking or accounting convenience, and that's it."Naval is a well-known angel investor in Silicon Valley, having invested in prominent tech companies like Twitter and Uber. He is also a successful entrepreneur, having founded the equity crowdfunding platform AngelList, and is the author of the famous book "The Almanack of Naval Ravikant."

ChainCatcher news, Synthetix and Infinex founder Kain Warwick stated that the Synthetix team is deeply exploring the plan to return to the Ethereum mainnet. The last cycle failed for many reasons, and there are no excuses.Two years have passed, and the Ethereum mainnet clearly needs a modern, high-performance decentralized exchange for perpetual contracts. Synthetix has returned to its startup state, aiming to rejoin the decentralized exchanges in the EVM ecosystem. The off-chain order book features a batch settlement engine that operates similarly to an optimistic sequencer but keeps all funds on the mainnet. In my opinion, this is the best design for perps today.

ChainCatcher news, according to official sources, SunPump will focus on the topic of how the "financial flywheel" of the TRON ecosystem connects on-chain and off-chain capital circulation, and will hold a special seminar on July 1st at 8 PM. TRON successfully landed on NASDAQ through a reverse merger, becoming the world's first publicly listed Web3 entity centered around DeFi. The parent company Tron Inc announced the inclusion of $TRX in its balance sheet and initiated a buyback plan, which also promotes on-chain assets as cross-market value anchors. This seminar will deeply analyze the "on-chain + off-chain" flywheel effect, explore the impact of $TRX's inclusion on stablecoins, Meme assets, and ecological leverage, and uncover the narrative intersections of sectors like USDD and SunPump.The seminar will be broadcast live via Twitter Space. Users can follow the official accounts @sunpumpmeme and @Agent_SunGenX, retweet the event post, and @ three friends to participate in an interactive lottery for a chance to win a reward of 10 USDT.

ChainCatcher news, Galxe officially launches a new community growth platform "Starboard," attracting over 20 projects including Plume, 0G, and Dango, with a total of over $5 million in reward funds. Plume provides $450,000, Dango allocates 1% of its token supply, and 0G contributes over $100,000. Starboard utilizes on-chain and off-chain data analysis to help projects identify high-value users and improve incentive efficiency. Galxe co-founder Charles Wayn stated that Starboard will reshape the way Web3 communities are built and drive the industry into a new phase.

ChainCatcher news, according to Business Insider, Mastercard is developing a "Multi-Token Network" aimed at replicating the success of its traditional payment network to provide digital asset trading infrastructure for consumers, merchants, and financial institutions. This system will integrate on-chain and off-chain asset flows, ensuring compliance and optimizing user experience. Mastercard has partnered with JPMorgan, Standard Chartered, and others to explore scenarios such as cross-border payments and carbon credit tokenization, having filed over 250 blockchain-related patents since 2015.

ChainCatcher news, according to official sources, MEXC has announced the launch of DEX+, a hybrid product that combines centralized exchanges (CEX) and decentralized exchanges (DEX), providing users with a seamless one-stop experience for on-chain and off-chain trading.This development marks an important milestone for hybrid crypto trading platforms. Through DEX+, users can directly engage in decentralized trading on the MEXC App and official website, and access a wealth of on-chain assets.The initial version of DEX+ will prioritize support for the Solana ecosystem, allowing users to trade over 10,000 tokens on the Raydium and Pump.fun platforms. MEXC plans to expand to other DEXs and support more public chain ecosystems in the future.