We never share Deblock’s numbers. Not because we can’t. Because competitors don’t need free data, and vanity metrics don’t build companies. Today, we’re breaking that rule. Once. 🎉 €1B in total card volume. 📈 Growing 20% MoM. 💳 €100M+ monthly volume. That last number matters. That’s >13% of GLOBAL crypto card volume. In other words: more than 1 in 8 dollars spent on a crypto card worldwide runs through Deblock. Let that sink in.

NEWS: The @MetaMask Money Account vault has exceeded $10 million in deposits. → Veda vault infra on @monad → Strategy by @SteakhouseFi Earn, trade, and spend with your balance 💳

🚨 New EIP: Tapered Issuance Burn We just submitted an EIP to ethereum/EIPs: a minimal, market-driven fix to Ethereum's issuance policy removing the incentive for stake growth beyond 50% of ETH supply. EIP-8361 by @pintail_xyz, @jdetychey, @dapplion, @pa7x1, @ladislaus0x & @drakefjustin 🧵

Lending market stablecoin supply rates have on average underperformed short-term US Treasury yields since late 2025. The one brief exception came around the rsETH exploit, when lenders pulled liquidity and utilization spiked. Curated vaults offer a potential way to beat the onchain average. Rather than passive exposure to pooled rates, depositors hold a managed portfolio of underlying credit positions, weighted by the curator to a target risk-return profile. The early results back this up. Over the past 90 days, 13 of the top 16 Steakhouse vaults by AUM outperformed the market-weighted supply rate net of fees, with the top vault returning over 1.5x the benchmark.

Asynchronous vaults solved a real problem. Assets that don't settle instantly, like tokenized funds with NAV cycles, couldn't fit the synchronous vault model. But a pending deposit or redeem couldn't move. Once submitted, a request sat locked in the queue until fulfillment. For long-dated private credit, where redemption can take weeks or months, that meant a frozen position. EIP-8161, co-authored by @offerijns, Co-Founder & CTO at Centrifuge Labs, is now finalized as an official Ethereum standard. Pending requests can now transfer to another address. Markets can form around redemption requests still in the queue, letting holders exit before settlement and pulling long-dated assets like private credit deeper into DeFi.

LIVE NOW: Why Vaults Are a Ticking Time Bomb | @andrewhong5297 from @herd_eco DeFi vaults make yield feel simple. Behind one deposit can sit dozens of markets, recursive wrappers, leverage, curators, and risk assumptions most users never see. Andrew Hong joins @TrustlessState to tell us about: • Why vaults are becoming crypto’s one-click financial layer • How Coinbase and institutions could take them mainstream • Where risk creep and hidden dependencies enter • Why transparency must come before ratings --- TIMESTAMPS 0:00 Introducing DeFi Vaults 2:20 From Yearn to Morpho 3:58 Why One-Click Yield Is Growing 9:02 Coinbase Earn and the Safer End of Vaults 11:40 How Vaults Rebalance Capital 14:38 Leverage, RWAs, and Higher Yields 18:28 When Strategies Go Seven Layers Deep 20:43 The Summer Finance Exploit 23:56 The Incentive to Take More Risk 27:59 An Inevitable but Unstable Product 29:45 Regulation and the Role of Curators 34:10 The Transparency Gap 39:32 Misaligned Incentives and Liability 41:48 What Happens When Vaults Reach Mainstream Users 46:22 What the Vault Sector Needs 51:13 How to Evaluate a Vault 53:41 Did DeFi Reinvent the Bank? 58:01 What to Watch Next 1:03:44 What Herd Is Building