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DEFI TVL sits at half its peak while tokenized RWAs keep climbing

DeFi total value locked has fallen well below its all-time high while tokenized real-world assets continue to grow, with holders up sharply and distributed value topping $38 billion.
BlackRock's Mitchnick says Bitcoin sentiment has turned as it decouples from stocks

BlackRock digital assets head Robert Mitchnick says Bitcoin sentiment has shifted noticeably over the past month, pointing to its outperformance during July's AI pullback as evidence of a genuine decoupling from equities.
How Flare lets smart contracts see other chains

Flare Network's Data Connector uses decentralized attestation to bring verified cross-chain data on-chain, powering FAssets and enabling XRP, Bitcoin, and Dogecoin to be used in DeFi without bridges or trusted middlemen.
Aave's active loans grew more than $1B in a month

Active loans on Aave climbed past $11.3 billion, up from around $10 billion a month ago, with total value locked rising 7.4% to $14.67 billion. Morpho, its nearest rival by deposits, holds $7.9 billion in TVL.
Ethereum active addresses hit a five-month high

Ethereum recorded 989.5K active addresses in a single day, its highest daily count since March, according to Santiment data. ETH price held near $1,870 as on-chain usage surged well ahead of any price move.
LayerZero moved $6.2B in a month and kept $131,000

LayerZero processed $6.2B in bridge volume over 30 days yet retained just $131,592 in revenue, exposing a widening gap between traffic and earnings as quarterly figures slide from $1.14M to $172.8K.
Arbitrum's first mentorship cohort raised over $1M in eight weeks

The Arbitrum Foundation's first mentorship cohort saw ten teams raise more than $1M across an eight-week program, drawn from 902 applications. Carbon, LayerV, T3tris and Capa shared a $100K Demo Day prize pool, with a second cohort already planned.
Cardano Foundation CTO Giorgio Zinetti steps down at the end of August

Giorgio Zinetti is leaving his role as Cardano Foundation CTO on August 31 after two and a half years. No successor has been named, with the foundation pledging continuity on its enterprise adoption roadmap.
Mysten builds a prototype that hides payment amounts on Sui

Mysten Labs has released Tessera, a prototype settlement network on Sui where KYC-verified businesses can settle invoices using a confidential stablecoin, keeping transaction amounts encrypted on-chain while counterparty identities remain visible.
Ethereum ETFs stretch their inflow streak to five weeks

US spot Ethereum ETFs pulled in $244.94M in the week ending August 7, marking five straight weeks of net inflows and the strongest single-week haul since April, with BlackRock's $ETHA leading the charge.


