🔔 Euler Finance @eulerfinance has officially deployed on HSK Chain. As a modular DeFi lending protocol, Euler enables asset lending and borrowing on HSK Chain, helping global users and institutional investors improve capital efficiency. 1️⃣ Enables asset lending and borrowing on HSK Chain 2️⃣ Improves capital efficiency for on-chain asset lending 3️⃣ Provides a more flexible non-custodial lending experience More details: #HSKChain# #EulerFinance# #DeFi# #OnChainLending# #Web3#

Visa Opens a New Route For Onchain Lending Into Payments Visa is connecting its VisaNet settlement data with blockchain based lending infrastructure. This would enable lenders to extend loans to finance payment obligations through VisaNet transaction data. The lenders can also analyze Visa settlement data along with on-chain data to evaluate the borrowers and funding requests. The company gave the example of Credit Coop, which has extended $2.5 billion worth of settlement volume since 2023. It is part of an ongoing effort by Visa’s stablecoin payment service, which is growing in its network of operations. There are now over 160 stablecoin linked card programs running on Visa, with their payment volume increasing by almost 200% YOY.

AggrNews: SEC'S PEIRCE ISSUES STATEMENT ON ONCHAIN LENDING AND VAULTS; WARNS CERTAIN ACTIVITY MAY BE SUBJECT TO SEC JURISDICTION AND URGES DISCUSSIONS WITH MARKET PARTICIPANTS: WEBSITE AggrNews: SEC的PEIRCE就链上借贷和金库发表声明；警告某些活动可能受SEC管辖并敦促与市场参与者进行讨论：网站

Lower cost of capital is what brings institutional assets onchain. Stani Kulechov @StaniKulechov made the case from the Main Stage at Proof of Talk . The Founder of Aave @aave, the largest decentralised lending protocol in the world, sat down with Jacquelyn Melinek for Aave V4: Scaling Onchain Lending. His argument: tokenised equity moves when onchain credit prices the assets better than the alternative. That is when institutional flow follows. Watch the whole session here:

The SEC published a statement on crypto vaults and onchain lending strategies and the main takeaway is that moving activity onchain doesn't exempt it from securities law. This raises the compliance bar for anyone running curated vaults or lending strategies. Fewer crypto-native curators can absorb that cost, which reduces fragmentation as barriers to entry rise. It structurally favors TradFi-native curators who already operate inside SEC compliance.

AggrNews(No accuracy guaranteed):SEC'S PEIRCE ISSUES STATEMENT ON ONCHAIN LENDING AND VAULTS; WARNS CERTAIN ACTIVITY MAY BE SUBJECT TO SEC JURISDICTION AND URGES DISCUSSIONS WITH MARKET PARTICIPANTS: WEBSITE Link AggrNews(不保证真实性):美国证券交易委员会（SEC）皮尔斯就链上借贷和金库发布声明；警告称某些活动可能受SEC管辖，并敦促与市场参与者进行讨论：网站链接 ———————————— 2026-07-22 22:28:00

cirBTC is designed to help bring a blue-chip BTC collateral layer to onchain credit markets. Bitcoin has the depth and liquidity to support onchain lending, but collateral quality depends on more than the asset underneath. → Reserve integrity → Segregated custody → Redemption path → Onchain verification → Issuer incentives Well-defined collateral can support disciplined risk parameters, reliable liquidations, and deeper participation on both sides of a lending market.

3 Reasons I'm Bullish On @Morpho While Morpho is commonly seen as a top onchain lending project, it's actually a lot more than that It's actually reshaping how DeFi is used, providing an easy onramp into DeFi, and giving professional asset managers the ability to efficiently manage funds onchain Once I dug into the numbers, I was actually surprised to see how much of an influence they've had on the expansion of DeFi, and the future has never looked brighter Here are the 3 reasons I'm bullish: #1#: Morpho Is Critical Infrastructure For DeFi Asset Management When you look at the numbers, it's clear that Morpho has had a major impact on the onchain risk curation boom over the past couple years Before Morpho Blue launched in early 2024, risk curator AUM was virtually non-existent And now, it's approaching $9B Thanks to the flexibility of Morpho Blue, it's been the top choice for risk managers to perform their operations In addition to the growth comparison in the infographic below, here are some more numbers that stand out to me: - Over 63% of curator funds were on Morpho as of mid-April 2026 - Curators have earned $18M in fees from Morpho This trend has naturally led to Morpho being a top destination for RWA management - $1.4B of Morpho's $12B deposits are tokenized assets - RWA share of Morpho deposits has increased from 6.4% to 11.3% in 2026 (almost an 80% increase) #2#: Morpho Brings DeFi To Everyone Morpho’s flexibility has also created the opportunity for major investing platforms to integrate their lending infrastructure More integrations = more visibility -- and now, professional curators are managing deposits from apps such as: Kraken – (DeFi Earn, managed by Sentora) Coinbase – (Coinbase Lending, managed by Steakhouse) Robinhood – (Robinhood Earn, also managed by Steakhouse) These platforms have a combined active user base of over 25 million people, and now they can all seamlessly use Morpho to earn yield And considering Morpho is also working with financial giants like Societe Generale and Apollo, this trend is only going to get stronger from here #3#: $MORPHO's Future Potential So far, Morpho’s business model has revolved around onboarding users such as asset managers and borrowers As a result, all fees are passed through all fees to lenders, curators, and liquidators Meanwhile, the MORPHO token’s role has been twofold: - Governance participation - Incentive to boost yields (although this has been slowed recently) However, Morpho has potential to accrue revenue to the token down the road The barrieres to doing so are low, as there’s no for-profit company in charge of Morpho That means there’s no traditional debt/equity structure, so the token will be first in line to benefit from future profitability/cash flow Despite the current lack of token value accrual, there's still clear demand for it If there wasn't Morpho wouldn't have been able to raise $175M at a $2B valuation in the depths of a bear market -- these funds were raised via the token, not equity, which I believe is a very important factor Not to mention Apollo Global's commitment to purchase $110M worth of $MORPHO over a multi-year period To add some context, Morpho's share of the total fees generated by the DeFi lending sector has grown rapidly over the past year - Mid-2025: 5-7% of total lending fees - Current: consistently above 15% - July: as high as 31% - July also set a platform record, with $26M generated during the month I expect this trend to continue, and I believe it's safe to expect that Morpho will implement a marginal fee to be directed to tokenholders in the future In the meantime, they're rapidly growing their userbase, which only raises the future value that such a fee would accrue That's my bull case on @Morpho (and I didn't even include Midnight, which opens up even more opportunities)! I'd love to hear yours, or any counterarguments, in the comments below

$500M+ in deposits and counting—making Robinhood Earn’s vault the largest on @Morpho. Robinhood Earn is bringing DeFi yield to eligible users through self-custodial onchain lending built right into the app. Learn more: