$30b was the previous milestone of total distributed RWA value. Now, this figure is on the way to reach the top again. US Treasuries take the lead at $14.55b in value, accounting for over 47% of the overall value. Why US Treasuries? US Treasuries are debt securities, representing the faith and credit of the US government. When companies or large corporations accumulate any kind of US Treasuries, they issue a type of token to represent their holdings. Thus, the reason to choose US Treasuries is primarily trust. Users need solid trust from the tokenized funds for their purchases - even more important than yield. Leading RWAs issued upon US Treasuries: + USYC by @circle - $2.98b + BUIDL by @BlackRock - $2.44b + BENJI by @FTI_US - $2.23b + USDY by @OndoFinance - $2.14b + JTRSY by @centrifuge - $1.14 + WTGXX by @WisdomTreeFunds - $975.7m + USTB by @SuperstateInc - $849.3m + OUSG by @OndoFinance - $680.5m + USTBL by @Spiko_finance - $152.8m + thBILL by @Theo_Network - $139.4m

This may concern the farmers. USD1 is native on the payment L1 @tempo. fyi, Tempo is a purpose-built L1 that is specialized for high-volume stablecoin payments. Speaking of payments, we all know that stablecoins are now the best-fit alternative for fiat in cross-border transactions and also micro-payments within agents. Being native (minted directly on Tempo) is the straightforward step to boost the usage of USD1 by @worldlibertyfi, besides being the 4th largest stablecoin by market cap. As Tempo is already partnered with Meta and Stripe, we will soon see USD1 as a payment choice on these platforms. Behold.

HIP-4 is now the latest primitive on @HyperliquidX targeting the outcome markets. Why 'outcome', not 'prediction'? Take a look at the docs by Hyperliquid: "Outcomes are fully collateralized contracts that settle within a fixed range." In basic terms, HIP-4 introduces two-sided or multi-sided markets with the total outcome prices equal to 1. The term outcome covers a much more fulfilled meaning than prediction, including non-linearity, dated contracts, and an alternative form of derivative trading that does not involve leverage or liquidations. + HyperCore will extend to be the order book for HIP-4 + USDH is also used for the trading mean imo, Hyperliquid is attempting to onboard every market into a universal order book - the HyperCore. By this way, Hyperliquid has unlimited expansion potential.

Working with Rayls on this post and I thought the post-Mainnet buildout angle was worth highlighting. You probably know that @RaylsLabs focuses on mapping banks and financial institutions into DeFi. That's the whole idea to frontrun the RWA hype. Now the starting line is almost there, with Rayls Public Chain going mainnet. The private phase already showed there’s real demand for a more specialized path to onboard TradFi: + the strategic collaborations with AmFi for over $1b in RWA by June 27 + institutional-grade compliance: MiCA, US, CVM/BACEN + 100m $RLS pre-commit stake filled The public Rayls mainnet comes with an emerging ecosystem that is also designed for RWAs. The next pieces to watch are tokenization services and integrated yield products that could make access easier for retail users. Mainnet is where the real test begins.

The founder of TG, Pavel Durov, announced some days ago that Telegram will replace the role of TON Foundation to become the largest validator on TON. What's happening when TG becomes the main driver of @ton_blockchain? ICYMI, this is a step in a bigger roadmap introduced by Pavel Durov in April called MTONGA (Make TON Great Again). The outcome includes: + faster network (6 times faster block speed) + <$0.0005 transaction fee + 10x for sub-second confirmations via Catchain 2.0 $TON price surged nearly 90% in only 9 days, reaching over $2.3. imo, this is only the short hype driven by the announcement and also by the 20% APR promised by Pavel Durov. Some may be concerned that when TG becomes the largest validator, this may reduce the 'decentralization' of the whole network.

How has your journey been on @prophetmarketai? Just a fun fact: the 'Play' section on Prophet is pretty much like swiping on Tinder; play your favorite markets and skip the markets you're unfamiliar with. Scanning the existing markets on Prophet, there are some ideas for your strategy: + most of the topics belong to sports and financial - stay where users gather; there's deep liquidity + the LLM on Prophet is really smart; ask it about any niches you’re professional in imo, due to the high traction in token surges like ZEC or TON, it would be a nice scheme to focus on those topics. Keep in mind that the outcome has to be completed before May 11, which means we have less than a week for Tranche 1.

The key takeaway on @AITECHio is that their $ACN migration into Ethereum is done, which means it should be in your bag for AI infrastructure. $ACN stands among Bittensor, Fetch, and Ionet for its vital traits within AITECH: + being staked to join the decentralized GPU network and also to deploy agents on ERC-8004 + given as a reward for contribution + voting power for long-term decisions Around 12% of the ACN supply is already staked, strengthening AITECH's mechanism. ACN can be found on most CEXs, including Binance and Alpha. For devs, ACN is required for the Agent Forge 2.0, which is believed to be the cash-cow on AITECH.

Different strategies that projects are deploying to adopt RWAs in DeFi. Take a look at the gap: + represented RWA value: $437.19b - 204% gain over 30 days + distributed RWA value: $30.92b - only 6% gain over 30 days This means the gap between these 2 metrics is getting much larger. I think the major reason lies in how protocols adopt this RWA value in practice - they're really slow. How to speed up this progress? imo, there are three ways to adopt RWAs depending on the protocol's strengths. 1. Having RWAs as collateral assets for lending + outstanding model: @aave horizon market + total market size: $506m + total borrows: $156.4m Remarkable RWAs include RLUSD from @Ripple, USCC and USTB from @SuperstateInc, GHO from Aave, VBILL from @vaneck_us, and more. At the leading position of Aave, having these RWAs as collateral assets is a smart move, leveraging strong reputation and wide connections with institutions and funds. However, these RWAs are mostly stablecoins. Aave really needs to diversify the list. 2. Putting RWAs into productive yields + outstanding model: @pendle_fi + total market size: estimated at above $1b + highest implied APY: 20.84% Pendle seems to be a trusted place for RWAs to become fully composable in DeFi by turning them into PT-assets. Thanks to Pendle, RWAs can also be present in agentic strategies conducted on INFINIT, in collab with lending platforms like Aave or Morpho. 3. Tokenizing RWAs into tradable assets + outstanding model: @OndoFinance Global Markets + total market size: $755.9m + total volume (CEX + DEX): $17.1b Ondo Global Market is taking the lead in making tokenized stocks fully mintable and tradable. TVL has been growing super fast since launch in September 2025.

There's barely any prediction platform that allows users to create their own markets until @prophetmarketai. The Tranche 1 is already live, and remember that the first 100 depositors earn the tickets to turn any ideas into prediction markets. Here are the steps to join the party: + visit the Prophet site + log in with your social account or DeFi wallets (recommended using wallets for the shortest route) + deposit into your Prophet balance; the first 100 depositors earn tickets to create the prediction markets + create a market by asking Prophet to validate the eligibility of the market In case you're not among the first 100, try to compete with the existing markets. Prophet will also add $10k to the AI house to warm up the competition. Here's how the flow looks from the testnet UX.

Current decentralized builds come in pieces; a full-power AI house is rare, until @AITECHio caught my attention. How does AITECH Cloud Network cover the whole thing? + a compute layer for all kinds of decentralized GPUs + an AI agent orchestration layer for multi-purpose agent development + an economic layer to fuel the whole network, including the $ACN token AITECH has just finished rebranding and also migrating to Ethereum; they're now ready for a real expansion phase. Key pillars to expect: + horizontally: new partners and standards to adopt (MiCA, SOC 2, ISO, etc.) + vertically: dual growth on the GPU marketplace and the Agent Forge For retailers, a smart choice is to closely follow the near-term developments of AITECH, especially on these points: + new use cases on the agent layer + possible chance to adopt $ACN in AITECH's eco-expansion A fresh journey with AITECH has just shifted.

Top 10 protocols by total active loan value: @aave - $12.11b @Morpho - $4.025b @maplefinance - $1.689b @sparkdotfi - $1.639b @kamino - $979.28m @eulerfinance - $790.79m @0xfluid - $772.77m @compoundfinance - $628.68m @JupiterExchange - $614.37m There are ups and downs, but SparkFi is able to gain over 64% in active loans in the last 30 days to achieve 4th place. @USDai_Official gains nearly 500% due to the TGE and airdrop of $CHIP. RWA lending is also a trending niche in DeFi.

Impressive TVL gains in the last 30 days (counting the protocols with at least $100m TVL only). @kpk_io - 168% - offering security services for orgs @EmberProtocol - 90.21% - on-chain capital allocating @re - 56.53% - the issuer of reUSD @liquid_col - 41.76% - a liquid staking platform @Zircuit - 34.2% - surge in Zircuit's staking @usddio - 30.62% - the stablecoin pegged to USD @hyperlane - 26.29% - cross-chain bridging @Securitize - 24.91% - the leading tokenizing platform @gauntlet_xyz - 24% - risk curator for institutions @SuperstateInc - 23.86% - on-chain RWA platforms connecting TradFi and DeFi It feels like most gainers belong to security, RWA, and staking platforms, which is pretty easy to understand in this kind of period.

Impressive TVL gains in the last 30 days (counting the protocols with at least $100m TVL only). @kpk_io - 168% - offering security services for orgs @EmberProtocol - 90.21% - on-chain capital allocating @re - 56.53% - the issuer of reUSD @liquid_col - 41.76% - a liquid staking platform @Zircuit - 34.2% - surge in Zircuit's staking @usddio - 30.62% - the stablecoin pegged to USD @hyperlane - 26.29% - cross-chain bridging @Securitize - 24.91% - the leading tokenizing platform @gauntlet_xyz - 24% - risk curator for institutions @SuperstateInc - 23.86% - on-chain RWA platforms connecting TradFi and DeFi It feels like most gainers belong to security, RWA, and staking platforms, which is pretty easy to understand in this kind of period.

Decentralized systems have a funny way of exposing everything you do. Your intent, your timing, your trades: all public, all trackable. If you’ve ever tried accumulating a token quietly only to get hit by a MEV attack, you know exactly how frustrating it is. This is when AI-powered privacy steps in - @Deluthium saves your day. ▸ What is Deluthium? (Try it out: Narrative: Privacy + AI Infra. Deluthium is building the first AI-native liquidity infrastructure powered by Reinforcement Learning (RL). RL is basically a system where AI models learn by interacting with the market, earning rewards for good decisions and getting penalized for bad ones. Inside Deluthium, RL means: + continuously optimizing trade execution + adapting to real-time market conditions + improving decision-making by learning from past trades ➜ the more you use Deluthium, the better trades it operates. Learn more at: ▸ What makes Deluthium unique? Deluthium integrates RL into a dark-pool style trading layer, giving you privacy without sacrificing execution quality. Key traits: + anti-MEV protection: no front-running via private trade execution (best suits large trades) + zero slippage: RL models find the best execution path across deep liquidity + on-chain verifiable: all trades are settled transparently, despite private routing Besides, the trading experience on Deluthium is tailored to be most like a CEX. ➜ It’s built as a full-stack solution for the AI era of finance. ▸ Current stage Deluthium currently supports trading on 3 networks: Ethereum, Base, and BNB Chain with these product types: + Deluthium LITE + Deluthium PRO All with social logins and vaults management. Note down the audit report on the traded tokens built for privacy. Core partners: + @flock_io - powering the RL + @babylonlabs_io - channeling native BTC into DeFi ▸ For users Starting Nov 18, Deluthium runs a Dual Mining Campaign, rewarding both Deluthium points and $FLOCK. 1 Deluthium point = $1 traded. Weekly distribution of FLOCK are based on the leaderboard: + 80% for top 1 + 20% for random users with above $1,000 trading volume Boosts come from VIP levels, LPing, and referrals. ▸Final take: Deluthium is pushing a new standard for privacy in on-chain trading. With RL at the core, it removes MEV threats, enhances execution, and keeps your intent hidden, something DeFi has needed for a long time. The Dual Mining Campaign is basically the early-entry moment to help secure the foundation for AI-privacy trading. If you care about privacy, execution, and trading without being watched, Deluthium is worth keeping an eye on.