Top-15 DeFi Protocols by TVL growth in the last 30 days
Among the top performers are Curve DEX, a decentralized exchange liquidity pool on Ethereum, Sentora, an onchain portfolio and risk analytics platform, and Sky Lending, a major DeFi lending protocol.
Among the top performers are Curve DEX, a decentralized exchange liquidity pool on Ethereum, Sentora, an onchain portfolio and risk analytics platform, and Sky Lending, a major DeFi lending protocol.
HashKey files for landmark Hong Kong IPO
HashKey has applied for an IPO in Hong Kong, seeking up to $215M in funding and aiming to become the first listed crypto exchange. Final pricing will be determined by Dec 16, while trading commences the next day with the shares listed under stock code 3887.
👉 decrypt.co/351569/hashkey-hong-kong-ipo-citys-first-listed-crypto-exchange
HashKey has applied for an IPO in Hong Kong, seeking up to $215M in funding and aiming to become the first listed crypto exchange. Final pricing will be determined by Dec 16, while trading commences the next day with the shares listed under stock code 3887.
👉 decrypt.co/351569/hashkey-hong-kong-ipo-citys-first-listed-crypto-exchange
Crypto ETF Leaders by Assets Under Management (AUM)
BlackRock dominates crypto ETFs by AUM, with IBIT alone managing over $80B — far ahead of all competitors. Bitcoin exposure continues to outweigh Ethereum across regulated ETF markets.
BlackRock dominates crypto ETFs by AUM, with IBIT alone managing over $80B — far ahead of all competitors. Bitcoin exposure continues to outweigh Ethereum across regulated ETF markets.
Aleo Launches Circle’s USDCx on Testnet via Circle xReserve
USDCx is now live on the Aleo Testnet, enabling use cases such as global payroll, aid distribution, e-commerce, remittances, P2P payments, DeFi, and compliant on-chain transactions. The asset was previously introduced on the Canton Network.
On Aleo, USDCx remains 1:1 backed by USDC held in xReserve, fully interoperable with USDC across supported chains, and operates without third-party bridges.
👉 fortune.com/2025/12/09/circle-privacy-stablecoin-aleo-udsc-udscx
USDCx is now live on the Aleo Testnet, enabling use cases such as global payroll, aid distribution, e-commerce, remittances, P2P payments, DeFi, and compliant on-chain transactions. The asset was previously introduced on the Canton Network.
On Aleo, USDCx remains 1:1 backed by USDC held in xReserve, fully interoperable with USDC across supported chains, and operates without third-party bridges.
👉 fortune.com/2025/12/09/circle-privacy-stablecoin-aleo-udsc-udscx
Horizen Relaunches as a Layer 3 Blockchain on Base
Horizen has launched its mainnet on Base, finalizing its shift from a Layer 1 to a Layer 3 network after the DAO voted to retire the legacy chain. The ZEN token was relaunched earlier this year as part of the transition, with the old base layer and EON sidechain now being phased out.
Originally launched in 2017 as ZenCash, the project has undergone multiple upgrades, including a 2018 rebrand, the Zendoo framework in 2020, and the EON EVM sidechain in 2023.
👉 theblock.co/post/381846/privacy-horizen-launches-layer-3-base-mainnet
Horizen has launched its mainnet on Base, finalizing its shift from a Layer 1 to a Layer 3 network after the DAO voted to retire the legacy chain. The ZEN token was relaunched earlier this year as part of the transition, with the old base layer and EON sidechain now being phased out.
Originally launched in 2017 as ZenCash, the project has undergone multiple upgrades, including a 2018 rebrand, the Zendoo framework in 2020, and the EON EVM sidechain in 2023.
👉 theblock.co/post/381846/privacy-horizen-launches-layer-3-base-mainnet
Polygon Speeds Up by 33% with Madhugiri Hardfork
The Madhugiri hardfork brings adjustable blocktimes, faster consensus, and ~1,400 TPS with a path to 5,000, now upgradable without future hardforks. It also activates Ethereum’s Fusaka EIPs for stronger security and reliability.
Polygon maintains strong payments and RWA traction: $1B in November volume, including $800M via Revolut, while Stripe ranks it as its second-largest chain. Polygon also continues to power Polymarket’s prediction markets.
👉 x.com/0xPolygon/status/1998368263601070357?s=20
The Madhugiri hardfork brings adjustable blocktimes, faster consensus, and ~1,400 TPS with a path to 5,000, now upgradable without future hardforks. It also activates Ethereum’s Fusaka EIPs for stronger security and reliability.
Polygon maintains strong payments and RWA traction: $1B in November volume, including $800M via Revolut, while Stripe ranks it as its second-largest chain. Polygon also continues to power Polymarket’s prediction markets.
👉 x.com/0xPolygon/status/1998368263601070357?s=20
Stripe x Paradigm Launches Tempo Public Testnet
Tempo, a payments-focused L1 built by Stripe and Paradigm, has opened its public testnet to companies building real-world stablecoin payment apps.
New partners include UBS, Cross River Bank, and Kalshi, joining existing collaborators like Deutsche Bank, Nubank, OpenAI, and Anthropic.
👉 bloomberg.com/news/articles/2025-12-09/stripe-and-paradigm-open-tempo-blockchain-to-public
Tempo, a payments-focused L1 built by Stripe and Paradigm, has opened its public testnet to companies building real-world stablecoin payment apps.
New partners include UBS, Cross River Bank, and Kalshi, joining existing collaborators like Deutsche Bank, Nubank, OpenAI, and Anthropic.
👉 bloomberg.com/news/articles/2025-12-09/stripe-and-paradigm-open-tempo-blockchain-to-public
gensyn Opens Registration For AI Public Sale
The AI public sale features built-in Sonar Authentication and runs as an English auction starting at $1M FDV ($0.0001 per token). Tokens are distributed on Gensyn Network (L2), with payment accepted in USDC/USDT on Ethereum Mainnet.
gensyn is a decentralized protocol that unifies the world’s computing power into a single, open network for machine learning.
👉 x.com/gensynai/status/1998422347041366363?s=20
The AI public sale features built-in Sonar Authentication and runs as an English auction starting at $1M FDV ($0.0001 per token). Tokens are distributed on Gensyn Network (L2), with payment accepted in USDC/USDT on Ethereum Mainnet.
gensyn is a decentralized protocol that unifies the world’s computing power into a single, open network for machine learning.
👉 x.com/gensynai/status/1998422347041366363?s=20
a16z-Backed Daylight Launches Pre-Deposit Vaults
Daylight’s DayFi Pre-Deposits launch on December 16, 1:00 PM UTC, accepting Sky’s USDS & USDT. Vault deposits will be deployed to Plasma, with K3 Capital managing a diversified yield strategy.
DayFi tokenizes decentralized energy, letting DeFi users access revenue backed by verifiable energy production.
👉 x.com/daylightenergy_/status/1998416560764154359?s=20
Daylight’s DayFi Pre-Deposits launch on December 16, 1:00 PM UTC, accepting Sky’s USDS & USDT. Vault deposits will be deployed to Plasma, with K3 Capital managing a diversified yield strategy.
DayFi tokenizes decentralized energy, letting DeFi users access revenue backed by verifiable energy production.
👉 x.com/daylightenergy_/status/1998416560764154359?s=20
Theoriq AlphaVault x Pre-Claim Registration on Authena
The AlphaVault is live with Nitro Boosted THQ rewards and $21M filled TVL, offering ~39% ETH APR. Theoriq also opened airdrop pre-claim registration via Authena.
Theoriq’s Alpha protocol lets autonomous agents collaborate onchain to optimize liquidity and execute complex financial tasks, building a trust-minimized, adaptive DeFi ecosystem.
👉 x.com/TheoriqAI/status/1998441996093137003?s=20
The AlphaVault is live with Nitro Boosted THQ rewards and $21M filled TVL, offering ~39% ETH APR. Theoriq also opened airdrop pre-claim registration via Authena.
Theoriq’s Alpha protocol lets autonomous agents collaborate onchain to optimize liquidity and execute complex financial tasks, building a trust-minimized, adaptive DeFi ecosystem.
👉 x.com/TheoriqAI/status/1998441996093137003?s=20
Octra Labs Will Hold OCT Public Sale via Sonar Profiles
Users can now submit the registration form. 200,000,000 OCT (10% of supply) will be sold at $0.20, implying a $200M FDV, with 100% unlocked at TGE. The public sale date will be announced later.
Octra is an FHE blockchain with isolated execution environments. Its testnet will migrate to mainnet in the coming days with core functionality live ahead of the ICO.
👉 theblock.co/post/381939/octra-public-token-sale-sonar-valuation
Users can now submit the registration form. 200,000,000 OCT (10% of supply) will be sold at $0.20, implying a $200M FDV, with 100% unlocked at TGE. The public sale date will be announced later.
Octra is an FHE blockchain with isolated execution environments. Its testnet will migrate to mainnet in the coming days with core functionality live ahead of the ICO.
👉 theblock.co/post/381939/octra-public-token-sale-sonar-valuation
Rainbow x Coinlist Token Sale Starts December 11
Public sale commitments run December 11–18, starting at 5:00 PM UTC. 30,000,000 RNBW (3%) are allocated to the Coinlist sale at a $100M FDV, with full unlock at TGE.
Rainbow Wallet aims to become an “onchain Robinhood,” offering a unified mobile app for all financial services.
👉 coinlist.co/rainbow
Public sale commitments run December 11–18, starting at 5:00 PM UTC. 30,000,000 RNBW (3%) are allocated to the Coinlist sale at a $100M FDV, with full unlock at TGE.
Rainbow Wallet aims to become an “onchain Robinhood,” offering a unified mobile app for all financial services.
👉 coinlist.co/rainbow
Trump Billionaires Club game launches soon
Trump Billionaires Club, the official game powered by OpenLoot, will use TRUMP token for all in-game activity. Players can join the free waitlist for a chance to share $1M in TRUMP token rewards.
👉 x.com/GetTrumpMemes/status/1998457354267037768?s=20
Trump Billionaires Club, the official game powered by OpenLoot, will use TRUMP token for all in-game activity. Players can join the free waitlist for a chance to share $1M in TRUMP token rewards.
👉 x.com/GetTrumpMemes/status/1998457354267037768?s=20
Cascade has launched a 24/7 Unified Perpetual Brokerage
The platform offers round-the-clock access to perpetual markets across crypto, U.S. equities, and private companies like SpaceX and OpenAI through a unified margin system.
👉 x.com/cascade_xyz/status/1998452642771780025?s=20
The platform offers round-the-clock access to perpetual markets across crypto, U.S. equities, and private companies like SpaceX and OpenAI through a unified margin system.
👉 x.com/cascade_xyz/status/1998452642771780025?s=20
Strive launches $500M ATM offering to expand BTC holdings
The firm already holds roughly 7,525 BTC and plans to use the proceeds to scale up its holdings and strengthen its balance sheet. Strive, co-founded by Vivek Ramaswamy, describes itself as the first publicly traded asset management BTC treasury company.
👉 x.com/strive/status/1998540722144719187?s=20
The firm already holds roughly 7,525 BTC and plans to use the proceeds to scale up its holdings and strengthen its balance sheet. Strive, co-founded by Vivek Ramaswamy, describes itself as the first publicly traded asset management BTC treasury company.
👉 x.com/strive/status/1998540722144719187?s=20
SpaceX plans 2026 IPO with $30+ billion fundraising
The Elon Musk-led company is targeting a valuation of about $1.5 trillion, which would leave SpaceX near the market value that Saudi Aramco established during its record 2019 listing.
👉 reuters.com/business/spacex-pursue-2026-ipo-raising-above-30-billion-bloomberg-news-reports-2025-12-09/
The Elon Musk-led company is targeting a valuation of about $1.5 trillion, which would leave SpaceX near the market value that Saudi Aramco established during its record 2019 listing.
👉 reuters.com/business/spacex-pursue-2026-ipo-raising-above-30-billion-bloomberg-news-reports-2025-12-09/
December’s Token Sale Radar. Live and Upcoming Projects
December is packed with high-profile token sales across Impossible, CoinList, Echo and Cake Pad. From Prediction Markets to AI and DePIN, here are the top projects scheduled to launch this month.
December is packed with high-profile token sales across Impossible, CoinList, Echo and Cake Pad. From Prediction Markets to AI and DePIN, here are the top projects scheduled to launch this month.
Silk Road wallets move BTC after decade of dormancy
Hundreds of crypto wallets linked to the defunct darknet marketplace Silk Road suddenly moved a combined ~3,421 BTC — worth roughly $322M — after more than a decade of silence. The Silk Road wallets still hold roughly $41.3M in BTC, according to Arkham.
👉 theblock.co/post/381998/silk-road-linked-wallets-awaken
Hundreds of crypto wallets linked to the defunct darknet marketplace Silk Road suddenly moved a combined ~3,421 BTC — worth roughly $322M — after more than a decade of silence. The Silk Road wallets still hold roughly $41.3M in BTC, according to Arkham.
👉 theblock.co/post/381998/silk-road-linked-wallets-awaken
Tracking recently launched Layer 2’s ahead of Aztec TGE
With Aztec nearing its TGE after raising over $60M, new Layer 2 launches offer useful benchmarks for comparison. Side-by-side metrics help illustrate how varied early traction can be at this stage.
With Aztec nearing its TGE after raising over $60M, new Layer 2 launches offer useful benchmarks for comparison. Side-by-side metrics help illustrate how varied early traction can be at this stage.
Polymarket faces credibility issues after controversial vote
Polymarket settled a $16M market on UFO file declassification as “Yes” after whales pushed prices to 99–100 cents and a token-weighted UMA oracle vote overruled broader trader consensus, despite no public evidence.
This has triggered community outrage, accusations of “proof-of-whales” governance, and fresh doubts if prediction markets can really act as neutral truth engines.
👉 cryptoslate.com/polymarket-faces-major-credibility-crisis-after-whales-forced-a-yes-ufo-vote-without-evidence/
Polymarket settled a $16M market on UFO file declassification as “Yes” after whales pushed prices to 99–100 cents and a token-weighted UMA oracle vote overruled broader trader consensus, despite no public evidence.
This has triggered community outrage, accusations of “proof-of-whales” governance, and fresh doubts if prediction markets can really act as neutral truth engines.
👉 cryptoslate.com/polymarket-faces-major-credibility-crisis-after-whales-forced-a-yes-ufo-vote-without-evidence/