This week's fastest-growing protocols are mostly competing to put crypto capital to work. 7d TVL growth, according to @DefiLlama ↓ • @OuroborosCap8 | $5.22M | +202,915% Risk curator managing capital across DeFi strategies. • @twynexyz | $8.18M | +186% Credit-delegation protocol. Lenders earn from unused borrowing capacity, borrowers get more leverage. • @Fira_Lend | $15.83M | +178% Onchain lending with fixed and variable rates. • @arcus_xyz | $17.14M | +171% Self-custodial exchange on Robinhood Chain for tokenized assets and perp futures. • @SatsumaDEX | $1.25M | +157% Bitcoin-focused DEX on Citrea for swaps and liquidity. • @SingularV_xyz | $1.26M | +97.79% Risk curator managing DeFi yield vaults across lending markets. • @hyperithm | $221.13M | +85.99% Digital asset manager running algo, arbitrage and DeFi yield strats. • @Ever_dex | $2.64M | +67.15% Cross-chain DEX for swapping assets across networks. • @R25Official | $160.29M | +57.53% RWA protocol bringing yield-bearing trad-fi assets onchain. • @DigiFTTech | $274.08M | +52.81% Regulated platform for issuing and trading tokenized RWAs.

History made on @Cardano! For the first time, a major Layer 1 blockchain upgraded its protocol entirely through on-chain governance. The Van Rossem hard fork activated Protocol Version 11 with: • No downtime • No wallet updates • No token swaps • No founding company steering the decision Instead, DReps, stake pool operators, and the Constitutional Committee collectively approved the upgrade, proving that decentralized governance can work at production scale. Beyond governance, the upgrade also introduces new Plutus capabilities, lower smart contract execution costs, and lays the groundwork for Ouroboros Leios, Cardano's next major scaling upgrade. Read our full breakdown here: