Venom Foundation Achieves 150k TPS in Closed-Network Stress Test, Paving the Way for 2025 Mainnet...
Abu Dhabi, UAE, May 23rd, 2025, Chainwire
The Venom Foundation has successfully completed a closed‑network stress test of its next‑generation protocol, which is capable of completing 150,000 transactions per second (TPS) and finalizing all transfers in under three seconds. The implementation of this upgrade is set to occur in Q3 2025 and make Venom one of the most effective throughput public blockchains in existence.
“Throughput only matters if it can remain reliable under pressure,” said Christopher Louis, Chief Executive Officer at Venom. “Our new stack can handle enterprise‑scale workloads without spiking fees or compromising decentralization, which is exactly what payment providers, exchanges, and game studios need.”
Why It Matters for Markets
Speed at scale — DAG‑based mempool consensus unlocks headroom for 400,000+ TPS in synthetic benchmarks while maintaining real‑time finality.
Fair order flow — The distributed sorting layer can convert the DAG into a single linear order, preventing front‑running and other MEV exploits.
Parallel smart‑contract execution — TVM actor model shard accounts and processes call asynchronously, enabling high‑volume DeFi and microtransactions.
Deterministic security — Validators can generate identical outputs, meaning finality is reached once 2 n + 1 signatures are collected, making forks virtually impossible.
Lean networking footprint — Asynchronous block distribution keeps bandwidth costs low for operators and cloud partners.
All raw data, node configurations, and test scripts will be published to Venom’s public GitHub repository ahead of the testnet launch. Independent auditors are currently reviewing both the security and performance aspects of the upgrade.
About The Venom Foundation
The Venom Foundation consists of researchers and developers from Abu Dhabi, where they built the foundations for the network. The foundation is a Cayman‑registered, community‑driven non‑profit supporting research, development, and adoption for the Venom blockchain.
IExec to Accelerate Growth With Expanded RLC Token Utility & Incentives (23 May)
Paris, France, May 23rd, 2025, Chainwire
iExec, the Web3 infrastructure company building the trust layer for DePIN and AI, announced multiple new initiatives at Tokenomics Week to enhance the utility of its native token RLC and turbocharge ecosystem growth.
From new staking mechanisms to circular revenue models and a simpler way for builders to use RLC, the updates are designed to expand the token’s role in the ecosystem and drive greater adoption of privacy-focused decentralized applications. They deliver on a number of milestones within iExec’s previously announced 2025 roadmap, which aims to accelerate innovation and strengthen its position as the foundation for confidential computing.
With the launch of the iExec Voucher system, RLC is now more central than ever to the developer journey. Instead of manual token handling or gas fees, fixed-price vouchers preloaded with RLC make it easier for builders to onboard and more predictable for teams to scale.
For holders, it means every build, test, and launch drives real usage of the token.
Even better: new developers can apply for a free BUILD voucher to start developing, then move to EARN vouchers as they go live - putting RLC to work at every step.
The iExec Voucher system is also a key pillar of iExec’s new circular revenue-sharing model, designed to give back to those who power the ecosystem.
Instead of revenue flowing in just one direction, voucher sales generate real income that is redistributed to builders and end users, based on their activity and contribution. The more someone builds or interacts within the network, the more they can earn.
It’s a mechanism that rewards usage, strengthens the community, and reinforces the utility of RLC as the fuel behind every transaction.
Alongside these incentives, iExec is offering boosted rewards through its existing Privacy Pass, a novel staking program that allows users to earn RLC tokens by receiving marketing emails. The innovative inbox monetization program utilizes confidential computing to ensure user privacy by masking their email address while giving them full control over which campaigns they want to participate in.
Now, select campaigns are offering boosted rewards based on how many RLC tokens users hold in their wallets. For a limited time, the more RLC someone holds, the higher the rewards will go, providing greater value to iExec’s most loyal users and encouraging greater use of privacy-focused tools.
Yet more incentives are on offer through iExec’s Builder Incentive Program, which provides a steady stream of income for developers who grow a loyal user base for their dApps. The way it works is simple – the greater the engagement on their dApps, the more data they protect, the higher their RLC rewards will be.
These incentives go hand-in-hand with the recent launch of iExec’s 1 million RLC Ecosystem Fund, which delivers initial funding and support for developers to transform their ideas into fully-fledged, privacy-focused dApps.
“We have a clear focus on increasing RLC’s utility and growing its value while expanding access to our decentralized privacy infrastructure,” said Gilles Fedak, co-founder and Chief Executive Officer of iExec. “Our latest initiatives encourage people to use RLC instead of holding it, driving a circular token economy that creates value through utility.”
The increased utility of RLC lays the foundations for a more sustainable and impactful iExec economy, complementing the team’s broader efforts to expand its ecosystem. At the same time, iExec will continue to expand its collaborations within the decentralized ecosystem, building on existing ties with the Confidential Computing Consortium and Nvidia to boost adoption of its network.
About iExec
iExec empowers developers to create decentralized applications emphasizing data ownership, privacy, and monetization. It allows Web3 users to control and monetize their digital assets—ranging from computing power and personal data to AI models—securely using iExec’s native RLC token.
Psy Develops First Trustless Bridge From Dogecoin to Solana (22 May)
Hong Kong, China, May 22nd, 2025, Chainwire
Solana users will be able to transact with Dogecoin securely, powered by Psy and Wormhole, tapping into a $36B asset and its vast community for DeFi, gaming & more.
Psy (formerly QED Protocol) has developed a trustless bridge connecting Dogecoin to the Solana blockchain. This innovation brings proof-of-work security to Solana while making Dogecoin, the world's largest memecoin, available to Solana's ecosystem of dapps.
This innovation allows Solana and Dogecoin to directly 'speak' to each other, with each blockchain able to independently verify the other's transactions and consensus without requiring trust in third parties.
The bridge not only enhances security but also creates substantial ecosystem opportunities. Bringing Dogecoin's $36B+ market cap and massive community to Solana opens new possibilities for both networks. Dogecoin users gain access to Solana's DeFi, NFT, and gaming applications, while Solana developers can tap into Dogecoin's extensive user base.
Unlike traditional bridges, which often rely on multisig signers or custodians, Psy's next-generation proof-of-work technology validates Dogecoin Proof of Work consensus directly on Solana. This trust-minimized approach helps address a major weakness in crypto infrastructure: bridge hacks, which have caused more than $2.8 billion in losses to date.
This positions Psy as the leading proof-of-work innovator for Solana, bridging the security benefits of proof-of-work with Solana’s speed and programmability. This integration demonstrates that new proof-of-work chains, like Psy’s, can interact with high-performance blockchains without sacrificing security or requiring centralized intermediaries.
This bridge continues Psy Protocol’s mission to empower developers to build hyper-scalable web3 applications to host the next generation of the decentralized internet.
The bridge supports standard Dogecoin wallets and exchange deposits.
Quotes
“We have been working hard to find ways to better serve the Doge community, and now we get the chance to offer them even greater utility for their Dogecoin,” Carter Feldman, CEO of Psy Protocol, said. “This demonstrates the promise of combining best-in-class security with user demand and an established developer base.”
“We’re thrilled to announce the DOGE bridge to Solana, a big step in welcoming one of crypto’s most iconic communities to the Solana ecosystem,” said Lily Liu, President of the Solana Foundation. “DOGE, Bitcoin’s beloved pet, embodies the fun, irreverent spirit that drives on-chain culture. By bridging DOGE into Solana’s network, we’re inviting the Dogecoin community—and all OG crypto enthusiasts—to join us in marrying on-chain culture and decentralized finance.”
"Trustless verification has always been the holy grail of interoperability, but achieving it at scale has remained elusive,” said Robinson Burkey, co-founder of Wormhole. “Seeing Psy and Wormhole come together to build this around an asset like DOGE captures the true cyberpunk spirit of crypto. We’re excited to help bring a $36B asset to Solana—soon to be powered by Wormhole."
How the Bridge Works
The bridge captures and verifies each Dogecoin block header on Solana. Block headers contain essential blockchain data, including the previous block hash, timestamp, difficulty target, the Merkle root of all transactions in the block, and the Proof of Work consensus algorithm. By verifying these headers directly on Solana, the system cryptographically confirms the validity of Dogecoin transactions without intermediaries.
When users send DOGE to the bridge, the system verifies the deposit on the Dogecoin blockchain and mints an equivalent amount of QDOGE tokens on Solana. To convert back, QDOGE tokens are burned on Solana, with withdrawal messages securely transmitted through Wormhole’s cross-chain messaging protocol, triggering the release of the original DOGE to the user's Dogecoin address.
To enable this bridge, Psy has created a suite of infrastructure for developers:
txindex: a fully-featured indexer for Dogecoin with effortless handling of forking behavior
electrs-doge: the first open-source block explorer for Dogecoin
doge-sdk: the first JavaScript SDK for Dogecoin
forkr: an easy-to-use tool for simulating forks/re-orgs on Bitcoin and Dogecoin.
About Psy Protocol
Psy is the leading innovator in next-generation proof-of-work technology, on a mission to restore the security and decentralization principles of blockchain while enabling modern scalability. Psy is bridging the utility gap between Proof of Work and Proof of Stake chains, empowering developers to build hyper-scalable web3 applications, to provide a credible alternative to a centralized internet controlled by a handful of tech monopolies.
Mantle and Republic Technologies Forge Strategic Partnership to Pioneer Institutional METH Integr...
Singapore, Singapore, May 22nd, 2025, Chainwire
mETH becomes the first liquid staking token to be held on the balance sheet of a publicly listed company.
Mantle, the largest sustainable hub for on-chain finance with over $3 billion in Total Value Locked (TVL), today announced a strategic partnership with Republic Technologies, the Ethereum (“ETH”) treasury of publicly listed Canadian company Beyond Medical Technologies Inc. (CSE: DOCT) (IBKR: DOCT) (FSE: 7FM). This partnership marks a major milestone in institutional cryptocurrency adoption, positioning Mantle’s mETH as the first liquid staking token to be held on the balance sheet of a publicly listed company.
Through the partnership, Republic Technologies plans to delegate a significant portion of its ETH holdings to Mantle’s mETH Protocol and will hold mETH as a yield-bearing, liquid staking token on its balance sheet. The collaboration underscores a structural shift in institutional digital asset strategy and growing investor conviction in Ethereum-native yield infrastructure, reflecting Republic Technologies’ deepening alignment with the Mantle ecosystem.
Republic Technologies: The First Publicly Listed Ethereum Treasury
Republic Technologies is establishing a new institutional paradigm by building a treasury strategy around Ethereum, seen as the foundational layer for smart contracts, tokenization, and decentralized financial settlement. In contrast to Bitcoin-focused strategies employed by firms like Strategy and Metaplanet, whose reserves are largely Bitcoin-based, Republic Technologies’ approach is anchored in Ethereum’s role as the infrastructure layer powering both blockchain innovation and real-world enterprise integration.
By accumulating ETH as a core balance sheet asset, Republic Technologies advances the growth of its underlying healthcare technology businesses while offering institutional-grade exposure to digital assets for all shareholders. This strategy attracts growing interest from traditional markets and accelerates institutional participation in the emerging technology sector.
“We hold strong conviction that Ethereum is the institutional chain, with ETH serving as the digital fuel powering global financial systems,” said Daniel Liu , CEO of Republic Technologies. “Our initial entry through Mantle’s Scout Program helped us gain early exposure to the broader Mantle ecosystem, where our alignment with mETH Protocol came as a natural next step. More than 50 established incumbents—including BlackRock, Franklin Templeton, PayPal, and Visa—have already built services on Ethereum. Wall Street has made its decision. Our role now is to extend the benefits of this macro tailwind to a broader base of institutional and retail participants worldwide.”
Its leadership team brings decades of experience from top-tier financial institutions, including Apollo Global Management, Goldman Sachs, BlackRock, and Canaccord Genuity. Republic Technologies operates under the publicly listed company Beyond Medical Technologies Inc., a technology firm integrating blockchain infrastructure to drive operational efficiency and improve patient outcomes across the medical ecosystem. In March 2025, Republic Technologies entered into a licensing agreement and launched its medical attestation platform, leveraging Ethereum-based distributed systems to power healthcare data integrity and regulatory compliance. The Ethereum treasury was established to support and scale this vision, marking a first-of-its-kind integration.
Institutional Alignment with Mantle’s Yield Infrastructure
Mantle’s mETH Protocol has quickly emerged as one of the leading platforms in Ethereum liquid staking and restaking. Within just 66 days of launch, it surpassed $1 billion in TVL —the fastest growth in its category—and has since peaked at over $2.19 billion. Designed with institutional-grade capital efficiency and composability in mind, mETH enables institutions to access Ethereum-native yield through a fully composable and capital-efficient framework.
To date, over 170,000 mETH (approximately $455 million) has been restaked into EigenDA, securing Mantle’s modular data availability layer. Validator operations are distributed across leading infrastructure providers, including Stakefish, P2P.org, Blockdaemon, A41, and Veda, ensuring high availability and robust institutional reliability.
“Republic Technologies’ participation highlights mETH Protocol’s ability to support institutional strategies built natively on Ethereum,” said Jonathan Low, Growth Lead at mETH Protocol. “As demand accelerates for ETH-native yield and utility, we remain focused on building resilient infrastructure that long-term allocators can trust.”
Looking Ahead: MI4 and Mantle Banking
The partnership precedes mETH’s inclusion in MI4, a tokenized, yield-focused index fund developed in collaboration with Securitize—the tokenization firm behind BlackRock’s BUIDL and Apollo’s ACRED. Backed by up to $400 million anchor investment from the Mantle Treasury, MI4 targets $1 billion in AUM and will offer regulated exposure to BTC, ETH, SOL, stablecoins, and select staking assets, with mETH playing a central role in its ETH allocation strategy.
In parallel, Mantle is preparing to extend mETH’s utility across traditional finance through Mantle Banking, an initiative that will integrate mETH into fiat rails, credit products, and conventional payment systems. This integration will allow users to spend, borrow, and invest with mETH across traditional payment rails, unlocking real-world utility for digital assets.
About Mantle Ecosystem
A pioneering on-chain ecosystem dedicated to revolutionizing the future of finance and blockchain scalability, seamlessly bridging traditional finance (TradFi) and decentralized finance (DeFi). Through innovative products like Mantle Network, mETH Protocol, Function (FBTC), and Mantle Index Four (MI4), Mantle’s ecosystem empowers users and institutions with a unified financial services platform, redefining how the world spends, saves, and invests in the Web 3.0 era.
For more information, users can visit: https://group.mantle.xyz/
Sonic Announces Validator Program, Decentralizing the First SVM Chain Extension on Solana (22 May)
New York, NY, May 22nd, 2025, Chainwire
Sonic, the first SVM chain extension on Solana, today announced the official launch of its Validator Program, featuring notable partners including Restake, Stakin, and prominent Solana ecosystem project Adrastea.
Expanding Network Security and Decentralization
The Sonic Validator Program introduces a dual-model incentive structure designed to attract high-quality validators while ensuring network security and decentralization. The program marks a significant milestone in Sonic's infrastructure development, providing robust support for the platform's rapidly growing ecosystem of games and applications.
"Securing our network with trusted, experienced validators is a critical step in our infrastructure roadmap," said Chris Zhu, CEO at Sonic. "With partners like Restake, Stakin, and Adrastea joining our validator network, we're building a foundation that can support millions of users across our gaming and social applications."
Flexible Validator Incentive Models
The program offers validators two distinct participation models:
Self-Staking Model
Delegation-Based Model
Both models offer additional revenue opportunities through retail delegations and gas fee sharing. Validators can set their own commission rates (0-20%) for retail delegations, creating multiple income streams while supporting network operations.
Industry-Leading Partners
The initial validator set includes respected infrastructure providers already securing billions in assets across multiple blockchain networks.
"We're excited to support Sonic's innovative gaming infrastructure," said [Partner Quote]. "The flexible validator program demonstrates Sonic's commitment to building sustainable infrastructure that aligns incentives across all participants."
Performance-Focused Infrastructure
Sonic's validator network is designed with performance as a priority, featuring:
Performance-based reward distribution
Competitive operational costs ($500-3,000/month)
Comprehensive documentation and support
"Validators are the backbone of our infrastructure," added [Sonic Representative]. "Their performance directly impacts the user experience for millions of gamers on our platform. Our incentive structure ensures that validators are rewarded for maintaining high-quality service."
About Sonic SVM
Sonic SVM is the first chain extension SVM to launch on Solana - developing a groundbreaking blockchain protocol that serves as a programmable attention settlement layer. Built on the HSSN network, it offers consensus-level validation of attention-related transactions, granular on-chain access to user activity across dApps, and composable primitives that eliminate the need for each project to build bespoke attention infrastructure.
For more information about Sonic's Validator Program and how to participate, visit https://www.sonic.game/.
Racer Aliyyah Koloc Named Official Ambassador of Raphael Coin (22 May)
London, UK, May 22nd, 2025, Chainwire
Raphael Coin (RAPH), a blockchain project offering fractional ownership in fine art, announced professional race car driver Aliyyah Koloc as its official ambassador. Known for her racing achievements and philanthropic commitments, Koloc will amplify Raphael Coin’s mission of preserving cultural heritage through cutting-edge blockchain technology.
This partnership kicks off with Koloc’s participation in the Taklimakan Rally in China, one of the world’s largest and most intensive off-road motorsport events. Taking place from May 20 to June 2, 2025, Koloc is debuting a Raphael-branded racing vehicle adorned with the Raphael.art logo, spotlighting the project to a vast audience and her sizable fan base.
Koloc is kicking off her ambassador role with a video featuring the tokenized artwork. Following the rally, Koloc is set to announce her acquisition of Raphael Coin tokens, pledging to donate 100% of proceeds earned from her RAPH holdings to causes dedicated to preserving global cultural heritage, which will be managed through her philanthropic foundation.
“I strongly believe in Raphael Coin’s mission to make cultural heritage accessible and preserved through collective ownership,” said Aliyyah Koloc, Ambassador of Raphael Coin. “This initiative goes far beyond financial investment—it’s about safeguarding an irreplaceable piece of our shared history. I’m honored to use my platform to help ensure this extraordinary artwork remains protected for future generations.”
Raphael Coin offers fractional ownership in "Recto: Study for the Battle of the Milvian Bridge" by Renaissance master Raffaello. The project utilizes Gleec’s advanced blockchain infrastructure, providing secure, transparent access to the financial and cultural value of historically significant art. Democratizing access to masterpieces, Raphael Coin creates a novel, compliant path for public participation in cultural stewardship.
RAPH is available for trading on Gleec BTC Exchange and Mandala Exchange.
About Raphael Coin
Raphael Coin offers fractional ownership of Raffaello’s "Recto: Study for the Battle of the Milvian Bridge.” Powered by Gleec’s blockchain technology, the project is the first to tokenize a piece by the famous Renaissance artist. This innovative model democratizes access to high-value art, allowing a broader audience to invest in culturally significant pieces that were previously reserved for elite collectors. Through advanced technological solutions and a transparent investment framework, Raphael Coin aims to bridge the gap between traditional art markets and the modern digital economy, providing a secure, liquid, and accessible pathway for fine art investment.
Supra Introduces Their New AI Oracle Protocol, Making Web3 Smarter and More Secure (22 May)
Zug, Switzerland, May 22nd, 2025, Chainwire
Supra, the first Layer-1 blockchain built for Automatic DeFi (AutoFi) via vertical integration, today announced the debut of its latest innovation: Threshold AI Oracles, a breakthrough protocol that embeds rich data from on-demand AI queries natively on-chain for the first time. Their novel protocol brings intelligence to on-chain applications.
This marks a new era of smart contracts with integrated intelligence, powered by real-time AI reasoning along with cryptographic proof, transforming how decentralized applications built on Supra will be able to interact with the real world.
Oracles are the lifeblood of decentralized applications, but until now they’ve been limited to price feeds and raw data pipes. Supra’s Threshold AI Oracles introduce multi-agent AI committees that can reason, deliberate, and deliver cryptographically verifiable insights to smart contracts on-chain. This is a groundbreaking shift in the kind of data and information that dApps can access, bringing the fast-evolving world of AI-based queries to dApps securely, verifiably, and in a trustless manner.
“Bringing intelligence on-chain is the natural next step for both AI and blockchain,” said Joshua Tobkin, CEO and Co-Founder of Supra. “Threshold AI Oracles will bring active reasoning and all kinds of rich information to dApps on Supra, way beyond just price feed data, while ensuring that every piece of data driving their smart contracts has been validated for security.”
This evolution in AI and blockchain oracles opens up a world of new possibilities for dApps on Supra, unlocked by three novel capabilities:
Context-Aware Reasoning: Unlike legacy oracles that stream raw inputs, Threshold AI Oracles deliberate over questions like “Did this regulatory change really occur?” or “Should this liquidation execute given the current market sentiment?” The threshold AI oracle protocol can query and return a consensus-based, verifiable response to such complex questions on-chain.
Verifiable AI Logic: Each AI query response comes with a compact, threshold BLS signature, providing cryptographic proof that a quorum of AI agents reached the decision, verifiable in milliseconds, and trustless at scale.
Just-in-Time Execution: These AI agents operate on-demand, only activating when a smart contract explicitly queries them or when a condition is met. This prevents gas bloating or wasted computation, resulting in lean and intelligent responsiveness.
New Class of Intelligent On-Chain Applications
From DeFi and DAOs to prediction markets and real-world event triggers, Supra’s Threshold AI Oracles open doors for a richer category of intelligent dApps that can now get datasets of complex information on demand natively, with no centralized off-chain intermediaries or unverifiable black-box AI outputs.
“Until now, developers had to bolt AI onto crypto applications with off-chain hacks and centralized APIs to tap into this kind of intelligence," said Jon Jones, CBO and Co-Founder of Supra. “But with Threshold AI Oracles being built into the Supra network, we can bring a new class of intelligence to on-chain applications natively with logic that is on-chain, verifiable, and secure.”
This new oracle layer is planned to roll out in three progressive phases in upcoming network upgrades on Supra Layer-1:
Phase 2, Structured Commands: JSON-based automation instructions for DeFi logic and DAO actions.
Phase 3, Code-Generating Oracles: Supra’s long-term roadmap includes full generation of smart contract logic, enabling dApps that adapt, evolve, and govern themselves adaptively.
As the crypto industry matures and on-chain governance becomes increasingly autonomous, the need for intelligent, verifiable decision-making is now absolutely crucial. Supra’s Threshold AI Oracles address this importance, fusing LLM-powered reasoning with threshold cryptography, bringing intelligence on-chain without compromising decentralization or security.
“AI-enabled Oracles are the missing link between data and decision,” added Tobkin. “Supra is proud to bring this to Web3 in a way that is scalable, verifiable, and deeply integrated into our Layer-1.”
This protocol adds to Supra’s existing vertically integrated stack of native oracle price feeds, system-level automation and bridgeless cross-chain messaging — all of which are built into the Supra Layer 1 blockchain network.
Supra’s distinguished Research Team is proud to have published an elaborate whitepaper on this pioneering technology, which was made available this week for free download and review. Supra invites developers to review and test the Threshold AI Oracle module (coming soon to public testnet) with support materials available through its Developer Hub. With Supra’s Threshold AI Oracles, the next generation of dApps can now reason, react, and evolve on-chain and in realtime.
About Supra
Supra is the first chain built for Automatic DeFi (AutoFi), a novel self-operating automated financial system that also serves as the perfect framework for crypto AI Agents, built upon its vertically integrated Layer-1 blockchain with built-in high-speed smart contracts, native price oracles, system-level automation and bridgeless cross-chain messaging.
Supra’s vertical stack unlocks all-new AutoFi primitives that can generate fair recurring protocol revenue and redistribute it across the ecosystem, reducing reliance on inflationary block rewards entirely over time. This stack equips on-chain AI Agents with all the tools they need to run a wide variety of powerful DeFi workflows for users automatically, autonomously, and securely.
UGO Token Launches on PancakeSwap With Hybrid Model (22 May)
SIngapore, SIngapore, May 22nd, 2025, Chainwire
UGO, the latest innovation in the Gooo, UGO, and WeGo ecosystem, officially unveils its groundbreaking Hybrid Token Model now live for trading on PancakeSwap, introducing a new paradigm for crypto launches—one rooted in fairness, sustainability, and real-world utility.
In a market saturated with speculation and short-term gains, UGO takes a bold step toward creating a more balanced and inclusive Web3 economy. Traders can now access UGO through decentralized trading on PancakeSwap, while the token's user-centric reward structure seeks to empower users, promote longevity, and foster true ecosystem participation.
“This isn’t just another token launch—it’s a reimagining of how Web3 ecosystems can and should operate,” said the UGO founding team. “We believe that sustainability, fairness, and utility must coexist from day one. The Hybrid Token Model is our answer to that challenge.”
The UGO Difference: A Launch Built for Long-Term Value
UGO moves away from traditional crypto launch tactics that favor insiders and early profit takers. Instead, it launches with a hybrid model engineered to protect users, encourage community participation, and support long-term growth:
All VC and team tokens are fully locked for 12 to 48 months
Only 5 percent of the token supply is unlocked at launch
Pricing is driven by decentralized exchanges through automated market makers
Everyone can participate freely with no whitelist or early-access restrictions
This launch strategy combines the accessibility of fair launches with the capital efficiency of IDOs, while avoiding the flaws of both.
2024: A Breakout Year for UGO
Security and Transparency
UGO has achieved a 9.5 out of 10 security score from leading blockchain auditor Hacken. The token is live and actively trading on PancakeSwap and is fully verified on BscScan. UGO is also integrated with major platforms, including CoinMarketCap and MetaMask.
Strong Traction Through Gooo Platform
In Vietnam, a thriving pilot has already brought thousands of users into the Gooo app. These users are earning Gooo Points through everyday real-world activities. Global expansion is scheduled for the first quarter of 2025.
WeGo Brings Financial Utility
WeGo has successfully completed testing of its debit card prototype. Strategic partnerships have been secured to enable multi-currency support. UGO token integration is entering its final development phase, bringing real-world spending closer to reality.
UGO Launch Highlights Transparent Tokenomics and Decentralized Access
UGO’s launch structure solves many of the common challenges seen in the crypto space:
With 95 percent of tokens locked at launch, price volatility is minimized
Team and advisor tokens follow a strict four-year vesting schedule, ensuring aligned incentives
Launch access is fully decentralized with no insider advantages
Planned Developments for 2025
Global expansion of the Gooo rewards platform
Listings on major centralized and decentralized exchanges
Launch of the WeGo debit card with support for multiple currencies
Development of DAO governance to give users control over the ecosystem’s future
Availability
UGO is currently available for trading on PancakeSwap. The token’s smart contract address is:0x66a2ed2F04BC7D2a03785DD04261A2FA595a5839
Users can trade $UGO on PancakeSwap
About the Ecosystem
The Gooo, UGO, and WeGo ecosystem is a revolutionary platform that rewards users for performing their primary jobs, offering them Gooo Points as a bonus to their income. These points can be redeemed for goods and services or converted into UGO tokens for broader utility. Moving beyond rewards, the ecosystem’s third phase, WeGo, introduces neo-banking services, a multi-crypto wallet, and worldwide debit card solutions, bridging the gap between traditional finance and cryptocurrency.
For more information, users can visit UGO's website.
Bubblemaps Expands Its Data Visualization Service to BNB Chain to Enhance Token Transparency (21 ...
Paris, France, May 21st, 2025, Chainwire
Bubblemaps has officially launched support for BNB Chain on its new V2. Starting May 21, users can explore token activity across the entire BNB Chain ecosystem including NFTs, DAOs, and protocols with advanced onchain visualizations.
With over 1.8 million daily active wallets and more than $6.5 billion in TVL, BNB Chain becomes the 6th network supported by Bubblemaps V2 – and one of the most active. Its integration gives users powerful tools to track token flows, uncover hidden wallet clusters, and monitor real-time onchain trends, all in a single view.
Nicolas Vaiman, CEO of Bubblemaps, said: “BNB Chain means a lot to us. It’s where we discovered DeFi for the first time and later became the first chain we integrated on V1. That’s where it all started. Its ecosystem has exploded, which is why there’s clear demand for a comprehensive analytics service. We’re bringing our best features to BNB Chain, giving users a clear view of what’s really going on on the chain.”
Marwan, Head of EMEA, added: “Bubblemaps brings clarity to the BNB Chain ecosystem, turning complex token data into simple visuals. It empowers our community to spot insights faster and drive greater transparency across the network. We look forward to continuing to support our community with the tools they need to make informed decisions.”
As the BNB Chain ecosystem continues to grow rapidly, with thousands of new tokens, memecoins, and DeFi protocols emerging, the need for accessible and actionable analytics is more important than ever. This integration supports BNB Chain’s long-term commitment to enabling open, secure, and data-rich infrastructure for both developers and traders.
By launching its V2 on BNB Chain, Bubblemaps is introducing a new wave of onchain analytics tools, starting with Magic Nodes and Time Travel. Magic Nodes automatically reveal hidden clusters of wallet activity, exposing connections that aren’t visible through standard analytics, while Time Travel lets users explore how token distributions evolve over time, making it easier to spot manipulations, insider activity, or sudden shifts in supply.
These tools aren’t just for surface-level insights: they’re built to power deep investigations, like those Bubblemaps led around the TRUMP and MELANIA tokens, or to expose insider trading, hidden wallets, and coordinated scams on Solana. Now, with the launch of V2 on BNB Chain, anyone can run the same kind of advanced onchain investigations. From spotting snipers and tracing fund movements to identifying whale coordination, users have everything they need to make informed decisions and help create a safer, more transparent ecosystem.
About Bubblemaps
Bubblemaps is the new onchain intelligence layer—turning raw blockchain data into clear, visual insights. Traders, funds, and analysts use it to track wallets, detect manipulation, and spot token flows early.
EVEN Moves to Avalanche to Power the Future of Direct to Fan Music (21 May)
New York, New York, May 21st, 2025, Chainwire
EVEN, a direct to fan music platform used by prominent artists such as J. Cole, LaRussell, 6LACK, and Smino, is launching its own dedicated Avalanche Layer 1 built using AvaCloud, the end-to-end managed infrastructure solution from Ava Labs.
EVEN is onboarding 50,000+ artists each week and has seen adoption from both emerging creators and chart-topping stars. As EVEN continues to grow, the team identified the need for a blockchain that could deliver speed, cost-efficiency, and the ability to scale without compromise. For a platform with real onchain usage and high creative expectations, Avalanche provides the infrastructure needed to grow without compromise. Advantageous for a platform that expects to onboard more than two million artists by the end of the year.
EVEN is changing how music reaches fans. Instead of releasing tracks to streaming platforms first, artists on EVEN drop music directly to their fans, retaining more value, getting paid instantly, and owning the release moment. Through EVEN, a single engaged fan equals one sale. By comparison, artists typically need over 1,250 paid streams or 3,750 ad-supported streams—often from large listener bases—to achieve the same revenue on traditional platforms. The platform expects to onboard more than two million artists by the end of the year.
With AvaCloud, EVEN can offer real-time token gated access, transparent revenue distribution, and powerful tools that help artists understand and grow their fanbases. By removing backend complexity, AvaCloud allows the EVEN team to focus on what matters most: delivering better experiences for creators and fans.
"We built EVEN to return value and agency to artists, letting them own their moment and monetize on their terms," said Mag Rodriguez, CEO of EVEN. "By creating a parallel economy alongside streaming, we empower creators and superfans alike. Avalanche gives us the performance and scalability to deliver music drops and fan experiences at a global scale."
The custom Layer 1 enables interactive features such as token gated access, detailed fan analytics, and data driven tools that help creators build more sustainable careers. EVEN also integrates with music industry players like UnitedMasters, making it easier for the broader ecosystem to adopt direct to fan strategies.
Importantly, EVEN is the first superfan platform recognized by Luminate, the company that powers the Billboard charts. This means artists can benefit from fan powered monetization while still impacting their chart positions
"We are excited to welcome EVEN to the Avalanche ecosystem," said John Nahas, VP of Business Development at Ava Labs. "Their model is a compelling example of how Avalanche supports real world consumer applications. From music to finance, we are building the infrastructure that enables creators to thrive."
About EVEN
EVEN is a direct to fan music platform that enables artists to monetize their work independently, build closer fan relationships, and gain insights through detailed analytics. With partnerships across the music industry, EVEN supports a broad community of creators pursuing a more sustainable model for music distribution.
About Avalanche
Avalanche is an ultra fast, low latency blockchain platform designed for builders who need high performance at scale. The network’s architecture allows for the creation of sovereign, efficient, and fully interoperable public and private layer 1 (L1) blockchains leveraging the Avalanche Consensus Mechanism to achieve high throughput and near instant transaction finality. The ease and speed of launching an L1, along with extensive customization choices, make Avalanche ideal for a composable multi chain future.
AdEx Launches AURA Demo for Automated Trading Analysis (21 May)
Sofia, Bulgaria, May 21st, 2025, Chainwire
AdEx, a developer of UX-focused Web3 infrastructure products, unveiled the AURA Demo, a visual preview of its AI agent for onchain activity analysis. Designed to deliver smart, real-time insights and automated execution, AURA tracks Ethereum and Layer 2 activity, including transactions, app interactions, risk profiles, and fund movements, to recommend profitable next steps and execute automated actions.
The AURA demo is now live and available to explore here. This release is the first public step in the AURA rollout roadmap and toward AdEx’s 2025 vision of expanding to a broader ecosystem of intelligent tools.
“AURA shows that the next evolution of Web3 is centered around automation, personalization, and usability,” said Ivo Georgiev, CEO of AdEx. “The demo is the first tangible glimpse of what’s to come—an AI agent that not only helps users understand Web3 and grow their portfolio, but soon, act on opportunities automatically.”
Using onchain data, AI models, and portfolio insights, AURA generates actionable recommendations tailored to each user’s behavior and risk tolerance. Integrating seamlessly into Web3 wallets and dApps, AURA eliminates the need for prompts or manual queries—users input their wallet address, and the system automatically begins to analyze onchain data and recommends personalized actions.
With the demo, users can experience a preview version of this functionality: portfolio analysis and strategy suggestions based on real-time data. Automated execution and full LLM intelligence are still under development and will be rolled out in the near future.
AURA’s AI agent is purpose-built for Web3, not relying on user prompts, but rather analyzes users' complete onchain history to access their risk profile and develop personalized strategies in real time. It aggregates data from multiple sources, including Web3 APIs and live market trends, to offer relevant suggestions. AURA can execute these strategies autonomously through secure smart contracts and account abstraction. The agent has the ability to execute actions like claiming uncollected airdrops, rebalancing a portfolio, or securing a spot in an exclusive NFT mint.
AURA also functions as a plug-and-play intelligence layer for Web3 apps and wallets. Through API integration, builders enhance their platforms with smarter UI recommendations, automated DeFi strategies, proactive alerts, and seamless cross-chain actions. This makes AURA a core framework for intuitive, responsive, and intelligent user experiences across the entire Web3 ecosystem.
AdEx is minting 420 soulbound NFTs to early testers of AURA. These non-transferable tokens will be issued to the wallet addresses submitted for demo analysis and will serve as keys to unlock premium features, early access, and exclusive rewards as AURA evolves. AdEx’s own native token ADX also gains expanded utility through a new staking model that powers governance, rewards, and protocol security.
AdEx’s 2025 full roadmap for AURA is available here.
About AdEx:
AdEx was founded in 2017 with a mission to transform digital advertising through blockchain technology. Since then, it has grown into a dynamic ecosystem, expanding its product lineup with innovative tools like AdEx AURA — a personal AI agent framework designed to simplify and enhance the Web3 experience. AURA monitors the market, recommends tailored opportunities, and can even take action on the user's behalf — all based on their onchain activity and risk profile. Whether it’s identifying the best lending protocols, maximizing DeFi yield, claiming airdrops, or minting NFTs, AURA handles the complexity so the user doesn’t have to.
Chillonic, the pioneering NFT project built on Sonic's high-performance SVM infrastructure, today announced the launch of its innovative NFT collection featuring the groundbreaking Chill-404 Protocol. This revolutionary technology bridges the gap between NFTs and memecoins, solving long-standing liquidity challenges while preserving the unique identity and rarity characteristics of digital collectibles.
Reimagining Digital Assets: The Convergence of NFTs and Memecoins
The Chillonic collection introduces a paradigm shift in how digital assets function by allowing holders to seamlessly convert between NFTs and fungible tokens. This dual-state capability solves the fundamental limitations that have plagued both asset classes:
"We've created something truly revolutionary with Chillonic's Chill-404 Protocol," said SEN, core contributor of Chillonic. "For the first time, NFT holders can access instant liquidity without sacrificing rarity and identity, while memecoin traders can acquire meaningful digital assets with genuine community and cultural value."
The Chill-404 Protocol enables:
Splitting NFTs into tradable $CHILL tokens based on rarity
Trading tokens freely on both centralized and decentralized exchanges
Reconstructing tokens back into original NFTs to reclaim identity
Dynamic movement between collectible and currency states
The Double Flywheel Effect: Sustainable Growth Model
Chillonic has engineered a unique "Double Flywheel" mechanism that drives sustainable growth through both liquidity and attention:
Liquidity Flywheel: Enables assets to shift dynamically between rarity (NFTs) and liquidity ($CHILL tokens), creating continuous value reconstruction that adapts to market conditions
Attention Flywheel: Transforms fleeting market attention into lasting community value, where increased token visibility drives community growth, which in turn enhances token demand
"This model represents a fundamental evolution in how digital assets capture and maintain value," noted SEN. "By connecting liquidity with attention, we're building a self-reinforcing ecosystem that benefits both traders and collectors."
Trading Chillonic
NFT Splitting & Trading Launch:
NFT splitting into $CHILL tokens becomes available
CHILL–SONIC trading pair goes live on Sega DEX
Free mint NFTs locked from splitting for 6 months to protect market
"We've designed our launch process to be fair while ensuring stability in the secondary market," added SEN. "By dedicating all public mint proceeds to liquidity, we're demonstrating our commitment to building a sustainable ecosystem."
The Chill-404 split/merge platform will be accessible at http://chillonic.fun.
About Chillonic
Chillonic is a pioneering NFT project built on Sonic SVM that introduces the revolutionary Chill-404 Protocol, bridging the gap between NFTs and memecoins. By allowing seamless conversion between NFTs and $CHILL tokens, Chillonic creates a new asset class that combines the liquidity of memecoins with the identity and rarity of NFTs.
About Sonic SVM
Sonic SVM is the first chain extension SVM to launch on Solana - developing a groundbreaking blockchain protocol that serves as a programmable attention settlement layer. Built on the HSSN network, it offers consensus-level validation of attention-related transactions, granular on-chain access to user activity across dApps, and composable primitives that eliminate the need for each project to build bespoke attention infrastructure.
THENA Launches V3,3 With Modular Liquidity Layer for BNB Chain (21 May)
Helsinki, Finland, May 21st, 2025, Chainwire
THENA, the trading hub and liquidity layer for BNB Chain, is set to release V3,3—an upgrade that brings a modular architecture, advanced liquidity tooling, and a reengineered governance model. V3,3 integrates Plugins—composable smart contract modules that enable pools to adopt dynamic behaviors, setting the foundation for future-proof, programmable liquidity.
With the launch of V3,3 going live May 22nd, the full vision for THENA’s self-optimizing ve3,3 based system designed to sustainably reward all contributing participants, are fulfilled. Notably, this means all ecosystem participants, including Binance, are now aligned.
Akin to Uniswap v4’s Hooks, the Plugins upgrade is powered by Algebra Integral. The modular approach allows liquidity pools to evolve over time without redeployment, unlocking a new degree of adaptability in AMM design. V3,3 pools launch with a built-in Plugin suite, including volatility-based fees, sliding fee scale, and an upcoming Brevis ZK Plugin offering identity-based fee discounts. These modular features allow pools to adapt in real time—enabling strategy customization, policy enforcement, and future upgrades without redeployment or liquidity fragmentation.
“We see V3,3 as the beginning of a new chapter—for both THENA and all DeFi infrastructure on BNB Chain,” said Theseus, CEO and Co-founder of THENA. “This upgrade is focusing on the steps that DeFi must take in the near future: modular, composable, and centered on capital efficiency.”
V3,3 also brings a unified gauge model, enabling manual concentrated liquidity providers (CL LPs) to provide liquidity manually within a custom price range and receive an NFT representing that position. This NFT can be staked into a gauge to earn $THE emissions. This levels the playing field between manual and managed LPs, creating a streamlined reward system based on performance. Emissions are allocated through a single gauge per pool, voted on by veTHE holders, with rewards drawn from a common pool that integrates trading fees, emissions, and governance incentives.
THENA has already released its official migration guide. Users have had access to an Open Beta to test the new interface and features. Voting on V3,3 gauges begins today, followed by the full migration of emissions on May 29. From that point, rewards will cease on legacy pools. A step-by-step interface and visual guide support the transition for both concentrated and classic LPs.
Governance in V3,3 is a marked shift from earlier iterations, designed to be more accessible and automated. veTHE holders will be able to vote across chains without bridging, thanks to cross-chain voting infrastructure. Vote persistence allows preferences to carry forward across epochs, and protocols can now schedule multi-epoch bribe campaigns. Chainlink Automation powers features like auto-claiming rewards, extending locks, and auto-voting—reducing friction and improving participation across the board.
To lower the barrier for liquidity provisioning, THENA introduces a Kyber-powered Zapper. This tool means that users can enter any pool—including CL pools—using a single asset. Advanced users can also specify custom price ranges when deploying capital, streamlining active LP strategies.
About THENA
THENA is the trading and business development hub of BNB Chain, combining spot and perpetual markets with a next-generation liquidity layer. Built on the ve(3,3) model, it drives capital efficiency while creating long-term value for traders, liquidity providers, and protocols. By onboarding leading projects and forming strategic alliances, THENA is shaping the future of decentralized finance. Backed by YZi Labs (formerly Binance Labs) and Orbs, it is laying the foundation for the DeFAI SuperApp—an all-in-one ecosystem designed for the next era of finance.
Growth Protocol, Backed By Nazara and Lysto, Debuts Its Mainnet on Avalanche (21 May)
Lonfon, United Kingdom, May 21st, 2025, Chainwire
Growth Protocol has officially launched its purpose-built Layer-1 blockchain today, backed by Nazara Technologies and Lysto.The platform is designed to propel the future of advertising on-chain, with real-time engagement through tokenizing digital advertising campaigns. Growth Protocol is signaling a major shift in how global brands connect with 150K+ daily active users already on the platform post the private testnet launch.
Growth Protocol is a blockchain marketing protocol that removes ad intermediaries, enforces radical transparency, guarantees equitable payouts, and restores sovereign digital identity to users—powering trustless Web3 campaigns.
Thanks to the Avalanche tech stack, Growth Protocol delivers sub-second finality and 10,000+ transactions per second to support high-throughput, fraud-proof marketing at scale. “Growth Protocol delivers exactly the kind of real-world adoption we envisioned Avalanche enabling—low-latency, high-speed infrastructure powering proof-of-performance at global scale,” said Emin Gün Sirer, Founder and CEO of Ava Labs. “It raises the bar for transparency in a trillion-dollar industry.”
Nazara Technologies, early backer of Growth Protocol and India’s only publicly listed gaming company and a leader in mobile gaming and esports is bringing its marketing applications on chain. Two Nazara titles are already live on-chain. “Nazara has spent 25 years putting fun into the hands of players,” said Nitish Mittersain, CEO and Founder of Nazara. “Now, with Growth Protocol, we’re helping advertisers and publishers reach and reward our players with absolute trust and efficiency. This is the future of game marketing.”
Growth Protocol replaces centralized, opaque ad-tech stacks with smart contract-based, real-time settlement. “Digital advertising still loses a substantial chunk of every dollar to intermediaries,” noted Sadiq Ahamed, Co-Founder of Growth Protocol. “We’re rerouting that value back to creators, publishers, and gamers—while giving advertisers and auditors an immutable ledger of truth.”
About Growth Protocol
Growth Protocol is a high-performance Layer-1 blockchain designed specifically for tokenizing digital advertising campaigns. By uniting Smart Goals, tokenized attribution and real-time settlements, it eliminates fraud, slashes customer-acquisition cost and guarantees that 100 percent of ad spend reaches real users. The protocol is backed by Nazara Technologies and Lysto, and supported by leading Web3 investors and technologists.
About Nazara Technologies Ltd
Nazara is India’s only listed gaming and Esports Company, with majority ownership of several leading gaming and esports brands with presence in India, the US, and other global markets. In esports, Nazara has India’s leading esports platform NODWIN Gaming and Sportskeeda/Pro Football Network in the sports media space. Nazara’s offerings in the interactive gaming segment include gamified early learning ecosystems like Kiddopia and Animal Jam, a leading IP based gaming studio ‘Fusebox’, India’s most popular cricket simulation franchise, World Cricket Championship (WCC), and a wide portfolio of casual games distributed through telco partnerships in many emerging markets. Additionally, Nazara controls Datawrkz, a digital ad tech company supporting its portfolio companies and external clients with demand-side user acquisition and supply-side ad monetization services. Website: https://www.nazara.com.
About Avalanche
Avalanche is an ultra-fast, low-latency blockchain platform designed for builders who need high performance at scale. The network’s architecture allows for the creation of sovereign, efficient and fully interoperable public and private Layer 1 (L1) blockchains which leverage the Avalanche Consensus Mechanism to achieve high throughput and near-instant transaction finality. The ease and speed of launching an L1, and the breadth of architectural customization choices, make Avalanche the perfect environment for a composable multi-chain future.
Supported by a global community of developers and validators, Avalanche offers a fast, low-cost environment for building decentralized applications (dApps). With its combination of speed, flexibility, and scalability, Avalanche is the platform of choice for innovators pushing the boundaries of blockchain technology.
Bitcoin Suisse, the leading Swiss crypto financial service provider, is proud to announce that its subsidiary BTCS (Middle East) Ltd. has received an In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM. This milestone represents a significant step forward in Bitcoin Suisse’s strategic expansion, reinforcing its commitment to regulatory compliance, financial innovation, and global growth. With this achievement, Bitcoin Suisse is set to expand into the Middle East, introducing a refined and client-centric approach to crypto finance.
The granting of the IPA from ADGM’s FSRA paves the way for Bitcoin Suisse to secure full licensing soon, allowing it to provide regulated crypto financial services - including trading of virtual assets, crypto securities and derivatives, as well as local custody - within the ADGM’s dynamic international financial center. ADGM is recognized as one of the most advanced and well-regulated jurisdictions. Its virtual asset framework is globally acknowledged for its comprehensive regulations, making it the largest regulated hub for virtual assets in the MENA region.
"The In-Principle approval marks an important milestone in our global expansion journey," said Ceyda Majcen, Head of Global Expansion and designated Senior Executive Officer of BTCS (Middle East) Ltd. "It reflects our strong commitment to maintaining the highest standards of transparency, security, and regulatory compliance. Abu Dhabi, one of the Middle East’s fastest-growing financial centers, presents a compelling opportunity for growth. We look forward to working closely with the FSRA to obtain our full license and to bring our decade of experience in crypto finance to the region’s rapidly evolving digital asset ecosystem."
Arvind Ramamurthy, Chief of Market Development Officer at ADGM, said, "ADGM congratulates Bitcoin Suisse on receiving its IPA from the FSRA of ADGM. Their expansion plans to the region to provide regulated crypto financial services within the international financial centre is a testament to the immense opportunities available within Abu Dhabi. We look forward to Bitcoin Suisse receiving their Financial Services Permission (FSP) and their contribution to ADGM's dynamic ecosystem."
Bitcoin Suisse has built a strong reputation as a trusted crypto financial service provider in Switzerland, offering secure and compliant crypto asset solutions for private individuals and institutional clients with its deep expertise, precision, and personal engagement. The company securely holds over USD $6 billion (AED 22.2 billion) in digital assets under custody and more than USD $2.6 billion (AED 8.9 billion) in institutional staking services, making it one of the largest providers of digital asset custody and institutional staking solutions globally.
By entering the ADGM ecosystem, Bitcoin Suisse aims to leverage the region’s progressive regulatory framework to offer its clients a robust, transparent, and fully regulated platform for its crypto financial services.
The In-Principle Approval reflects Bitcoin Suisse’s robust operational standards, commitment to risk management, and ability to meet the high standards set by regulatory authorities. As BTCS (Middle East) Ltd. advances toward full licensing, it will continue to enhance its product suite and operational capabilities to best serve its international client base.
About Bitcoin Suisse
Bitcoin Suisse is Switzerland’s leading premium crypto finance service provider. Founded in 2013 by crypto-native experts, it offers a cohesive suite of trading, staking, custody and lending services geared towards private and institutional clients. The company is headquartered in Zug and has built a team of over 200 highly qualified experts in Switzerland, Europe and the Middle East.
Enclave Markets Unveils Intelligence Product and EnclaveX Trading Competition At Avalanche Summit...
London, England, May 20th, 2025, Chainwire
Crypto trading developer Enclave Markets has unveiled a personalized alpha discovery product, Enclave Intelligence, at Avalanche Summit London, slated to go live later this year. It’s also used the flagship event to launch a trading competition on its fully encrypted EnclaveX exchange.
At Avalanche Summit London on May 20, Enclave Markets announced its latest product in a keynote that also outlined its RWA roadmap and development plans. Enclave Intelligence is a strategy recommendation engine for everyday users that identifies onchain opportunities that are tailored to their interests.
As a personalized discovery tool, Enclave Intelligence empowers traders to gain valuable insights into financial markets and to take advantage of fresh sources of alpha emerging across the onchain landscape. Users can select areas of interest such as crypto, commodities, or macro before the intelligence tool develops curated information they can act upon in just a few clicks.
Enclave Intelligence is designed to bring clarity to a chaotic financial world, allowing traders to filter out the noise and zero in on areas of interest. From macro events such as interest rates and geopolitics to emerging onchain themes and narratives, Enclave Intelligence forms a comprehensive companion that enables users to make smarter financial decisions.
In addition, Enclave Markets has used Avalanche Summit London to launch its first ever trading competition on EnclaveX. Set to run from May 20-31, the event offers perps traders a share of a prize pool worth up to $50,000 in USDC. $45,000 of this will be distributed pro-rata based on trading volume, with the remaining $5,000 awarded as a bonus to the top 10 traders by volume. Rewards will unlock progressively with total volume as the competition progresses.
The Top 10 Bonus Pool awards $1,200 in USDC to the trader who tops the leaderboard, with $900 going to second place and $700 to third. The $4,500 pot will be distributed to the traders who record the highest volume for the duration of the event, resulting in the 10th place finisher claiming $100. The competition will accelerate adoption of EnclaveX, which forms the first Fully Encrypted Exchange (FEX).
EnclaveX serves as a permissionless exchange with cross-chain trading capabilities, deep liquidity pools, and advanced order execution tools. It allows traders to access fully encrypted trading across Avalanche, Solana, and Ethereum that’s underpinned by secure enclave technology.
During the course of its address at Avalanche Summit London, Enclave Markets also outlined its RWA roadmap which includes adding support for tokenized real-world assets in a permissionless trading environment. Assets under consideration include bonds, commodities, stocks, and a broad range of TradFi assets.
David Wells, Co-Founder & CEO of Enclave Market, said in a quote, “We believe the next wave of capital in crypto comes from permissionless access to traditional asset classes. Enclave is building the encrypted infrastructure that brings Wall Street-level strategies and execution to the blockchain. With Enclave Intelligence, we’re turning complexity into clarity, delivering tailored strategies that empower anyone to trade like a pro.”
With the launch of Enclave Intelligence and the introduction of RWA markets, Enclave is bringing sophisticated financial services to onchain users. This will empower traders to capitalize on an array of financial services by tapping into strategies and assets that were once exclusive to hedge funds.
About Enclave Markets
Enclave Markets builds software for advanced trading within secure enclaves. Its permissioned platform Enclave Global was crypto's first fully encrypted, high-performance trading platform built within a trustless execution environment. EnclaveX is the latest application of secure enclave technology, combining professional-grade execution with a decentralized and confidential trading environment to deliver best-in-class performance for serious traders.
Reppo Launches World's First Liquid Node Sale, Pioneering Decentralized Data Infrastructure (20 May)
Cayman, Canada, May 20th, 2025, Chainwire
Reppo, a decentralized infrastructure network enabling AI developers and agents to access data, infra, and capital on-demand, has announced the launch of the world's first Liquid Node Sale. This groundbreaking initiative is powered by Anoma's intent-centric architecture and Zoo Finance's Liquid Node Token (LNT) protocol, marking a significant advancement in decentralized AI infrastructure.
At the core of Reppo's innovation are Solver Nodes—programmable economic agents that determine the computational path to fulfill user intents, which are partial transactions inspired by Anoma's Resource Machine. These nodes enable data consumers ranging from developers, agents, and physical AI to express their data (and eventually infrastructure) needs declaratively, allowing the network to autonomously match and provision resources on demand. This eliminates the traditional complexities of resource discovery, negotiation, and integration, streamlining the AI development process.
The Liquid Node Token pioneered by Zoo Finance, introduces a novel model where Solver Nodes are tokenized, providing liquidity and accessibility to a broader range of participants on Day 1 of Reppo Mainnet. Through Zoo Finance's LNT protocol, Solver Node License holders can acquire also delegate the running of Solver Nodes, making participation in Reppo's ecosystem Plug & Play . This model not only democratizes access to AI infrastructure but also enhances capital efficiency within the network
Reppo's Data Exchange architecture addresses key challenges in AI development, including centralized access to compute and data resources, high entry barriers to decentralized AI protocols, and limited access tied to geographic or institutional constraints. By leveraging Anoma's intent-centric design and Zoo Finance's liquidity solutions, anyone can participate in the emerging Decentralized Data Economy by simply running a solver node and earning fees and rewards for their efforts.
About Reppo
Reppo is a decentralized infrastructure network that provides AI developers with permissionless, on-demand access to specialized data, infrastructure, and capital. Its intent-centric architecture enables autonomous entities to discover, negotiate, and settle resource transactions without reliance on traditional intermediaries.
About Anoma
Anoma is a distributed operating system for intent-centric applications, facilitating expressive and human-centric interactions in decentralized environments. Its architecture supports the development of applications that prioritize user intent and autonomy.
About Zoo Finance
Zoo Finance is a structured protocol focused on enhancing liquidity utilization in decentralized finance. Its Liquid Node Token (LNT) protocol enables the tokenization and fractional ownership of infrastructure nodes, promoting broader participation and capital efficiency.
For more information, users can visit repposolvers.xyz.
Falcon Finance Has PT-sUSDf Listed on Morpho to Maximize Stablecoin Yield Generation (20 May)
Dubai, United Arab Emirates, May 20th, 2025, Chainwire
Synthetic dollar protocol Falcon Finance has announced that its Pendle token PT-sUSDf has been listed on Morpho’s DeFi lending and borrowing protocol. Its introduction allows users to supply sUSDf as collateral while earning yield from Falcon.
Curated with the support of DeFi specialist Re7 Labs, PT-sUSDf operates as a Pendle Principal Token (PT) that represents the principal portion of the yield-bearing sUSDf. This enables it to be used in DeFi protocols while still earning its holder yield on the sUSDf staked in Falon’s synthetic dollar protocol.
Morpho’s decision to list PT-sUSDf extends the utility of sUSDf while giving holders an opportunity to borrow against it. After depositing PT-sUSDf into Morpho, users can elect to borrow USDC or USDf. Should they elect to borrow USDf, they can restake the stablecoin in Falcon to generate more sUSDf before repeating the process to earn maximum yield.
Two vaults curated by Re7 Labs have been launched on Morpho with a September 25 expiry date for USDC and USDf respectively. The user simply chooses the desired vault based on the stablecoin they wish to borrow. Borrowed USDC can be used for trading or to participate in other DeFi activities, while borrowed USDf can be looped through Falcon to increase total capital available for yield generation.
The launch of PT-sUSDf on Morpho supports Falcon’s goal of transforming its synthetic dollar into a multi-purpose stablecoin with broad utility across the onchain landscape. Morpho has already integrated USDf and sUSDf, allowing the stablecoins to be used as collateral for borrowing against.
Currently running in closed beta, Falcon Finance’s synthetic dollar protocol has a TVL of more than $411M and is providing an APY on sUSDf of 9.9% at present. Its protocol is designed to capture yield obtained from sources including basis spread, funding rate, and advanced risk-adjusted strategies. This enables Falcon to offer attractive returns to DeFi users while operating within a secure, institutional-grade framework.
At present, Falcon’s closed beta is accessible by whitelisted institutional participants and retail users with a full public launch set to follow. The open release will enable verified users to generate yield both on Falcon and on other DeFi protocols by leveraging the growing number of use cases for USDf and its yield-generating analog sUSDf.
About Falcon Finance
Falcon Finance is a next-generation synthetic dollar protocol. Preserving users’ multi-assets with industry competitive yields across any market conditions, it sets a new standard in the industry, along with transparency, security, and institutional-grade risk management. Learn more: https://falcon.finance/
About Morpho
Morpho is a decentralized protocol enabling the overcollateralized lending and borrowing of crypto assets on EVM networks. Each Morpho market is isolated ensuring that risks are contained within each individual market. This design ensures predictable behavior and eliminates systemic risk for lenders and borrowers. With more than $4B in TVL, Morpho is a leading DeFi lending and borrowing protocol.
Sonic SVM Introduces Attention Capital Markets: the World's First Blockchain Infrastructure for M...
New York, NY, May 20th, 2025, Chainwire
Today, the Sonic SVM team published Sonic SVM Attention Capital Market, a groundbreaking protocol that establishes the world's first functioning market for human attention as a programmable on-chain asset. Built on the innovative Hypergrid Shared State Network (HSSN) architecture, this new infrastructure represents a paradigm shift in how digital engagement is measured, valued, and rewarded in the Web3 ecosystem.
"We've created more than just technological infrastructure—we're launching a new economic paradigm where attention becomes a first-class asset class," said Chris Zhu. "In the information age, human attention is arguably our most valuable resource. Our protocol systematically captures, quantifies, and redistributes this attention as programmable capital. This is a huge implication to on-chain economies, especially on the appchain layer"
Pioneering a New Asset Class
The Sonic SVM protocol transforms the concept of the attention economy into tangible, programmable value through four key innovations:
Attention Capital Funnel: A systematic framework that transforms off-chain awareness into measurable on-chain value, creating clear metrics for dApp growth strategies
Authority Score System: A PageRank-inspired approach that fosters ecosystem-wide synergy by rewarding both individual program performance and collaborative network effects
Programmatic Attention Metrics: Precise measurement of engagement over defined epochs, including activity metrics (user interactions, unique wallets) and economic metrics (transaction value flow, staking volume)
The Attention Flywheel: A sophisticated incentive mechanism enabling dApps to reinvest earned rewards into user acquisition and engagement, creating a self-sustaining growth cycle
Technical Infrastructure That Makes It Possible
The Sonic SVM Attention Capital Market is powered by the HSSN architecture, which consists of three types of specialized nodes:
Relay Nodes: Gateway for applications to interact with the network via RPC
HSSN Nodes: Distributed persistency layer for high-availability state across the network
Grid Nodes: Sequencers responsible for transaction processing, account persistency, and program-level distributions
This robust technical foundation ensures the attention capital market operates with high throughput, transparent metrics, and fair reward distribution.
Empowering a Meritocratic Digital Economy
"Until now, attention in crypto has been recognized as valuable but never properly measured or fairly monetized," noted the team. "Our protocol creates a meritocratic system where developers are directly rewarded based on verifiable user engagement, not just token speculation or venture backing."
The system benefits all ecosystem participants:
Developers gain a sustainable funding mechanism tied directly to user engagement
Users experience better applications as developers are incentivized to create genuine utility
The Network thrives through an ecosystem of high-quality applications with engaged users
Availability and Next Steps
The Sonic SVM team has published a comprehensive whitepaper detailing the technical specifications and economic model of the Attention Capital Market. The protocol will enter a public testnet phase in June 2025, with mainnet launch scheduled for Q3 2025.
Developers interested in participating in the testnet or learning more about building on the Attention Capital Market can visit https://www.sonic.game/, follow our socials to sign up for future updates on the protocol.
About Sonic SVM
Sonic SVM is the first chain extension SVM to launch on Solana - developing a groundbreaking blockchain protocol that serves as a programmable attention settlement layer. Built on the HSSN network, it offers consensus-level validation of attention-related transactions, granular on-chain access to user activity across dApps, and composable primitives that eliminate the need for each project to build bespoke attention infrastructure.
Helix and Avalanche Announce $100m Commitment to Support Fusion, a New Framework for Blockchain E...
London, United Kingdom, May 20th, 2025, Chainwire
Helix and Avalanche, with support from Faculty Group, today announced the launch of Fusion, a community-led initiative built to accelerate the creation of outcome-driven, domain-specific blockchain economies. Leveraging an innovative economic model to drive ecosystem coordination, Fusion enables developers, businesses, and protocols to access modular, programmable networks that deliver measurable real-world value.
“Fusion is about unlocking the next chapter of blockchain adoption,” said Fusion Core Contributor David Post. “We’re building a framework that goes beyond experimentation – enabling scalable, sector-specific solutions with real-world impact and value. By combining Avalanche’s performance with a powerful suite of modular services, Fusion gives builders the tools they need to deploy meaningful applications and connect them to a thriving, interoperable ecosystem.”
Fusion features a two-layer architecture: Composers, independent Layer 1 blockchains tailored for specific sectors like AI, decentralized science (DeSci), and decentralized physical infrastructure networks (DePIN), and Modules, plug-and-play services like compute, stablecoins, and biometric data that support Composers. Each Composer offers accessible SDKs and APIs, allowing developers to integrate services, deploy applications, and execute tasks.
Modules are an interoperable set of building blocks that can be combined through composers to create value for end users. This includes oracles for real-world data (e.g., weather, sports, commodities), financial services like asset swap platforms and treasury tools, identity verification, decentralized data storage, and reputation systems that offer users loyalty benefits or exclusive access via NFTs.
Fusion’s architecture is built on Avalanche’s high-performance stack, leveraging the C-Chain for fast, EVM-compatible smart contract execution and Interchain Messaging (ICM) for secure, efficient communication between composers and other Layer 1s. This ensures seamless interoperability and scalability across the ecosystem.
“Fusion equips developers with the tools they need to build impactful, real-world applications on live blockchain networks,” said Nicholas Mussallem, CEO of AvaCloud. “While AvaCloud streamlines Layer 1 network creation, Fusion enhances these networks once they’re operational. This initiative combines the best tools for scaling blockchain technology, creating tangible value, and driving widespread adoption across industries.”
Fusion is supported by $100 million in resources allocated to existing Avalanche programs – including Multiverse, Retro9000, InfraBUIDL and InfraBUIDL AI – to catalyze a new wave of ecosystem development. These funds will accelerate the launch of Composers in real-world verticals, support foundational Modules that provide critical infrastructure and services, and incentivize developers and builders to integrate Composer APIs and SDKs into practical, outcome-driven applications.
The initial Fusion ecosystem includes composers like Life Network, which helps healthcare institutions deploy AI-driven solutions for disease-specific use cases, such as stroke prevention. Other Composers include Kite AI, a decentralized AI model platform, and Tayga, focusing on DePIN resources. Fusion plans to launch additional composers in areas such as RWAs, Identity, and Defi in the near future along with convening best in class Modules through partners like QuickNode and Space and Time.
About Helix
Helix is a thesis driven advisory and incubation platform whose principals serve as fractional founders for the companies they partner with, helping drive all aspects of the business. Helix collaborates with Web 3's top venture funds, projects, and blockchains to build industry leading ecosystems and scale category defining projects.
About Avalanche
Avalanche is an ultra-fast, low-latency blockchain platform designed for builders who need high performance at scale. The network’s architecture allows for the creation of sovereign, efficient and fully interoperable public and private layer 1 (L1) blockchains which leverage the Avalanche Consensus Mechanism to achieve high throughput and near-instant transaction finality. The ease and speed of launching an L1, and the breadth of architectural customization choices, make Avalanche the perfect environment for a composable multi-chain future.
Supported by a global community of developers and validators, Avalanche offers a fast, low-cost environment for building decentralized applications (dApps). With its combination of speed, flexibility, and scalability, Avalanche is the platform of choice for innovators pushing the boundaries of blockchain technology.
About Fusion
Fusion is a community-led initiative supported by Ava Labs and led by a consortium of leading VCs, builders, and innovators from Avalanche Ecosystem that transforms how value is created and distributed. Through its innovative architecture of Composers (purpose-built Layer 1s) and Modules (plug-in services), Fusion enables developers to compose vertical-specific economies that reward measurable impact rather than just activity.
Fusion is already powering breakthrough applications across AI, physical infrastructure, and healthcare, creating productive economies that deliver genuine utility while ensuring all participants benefit from aligned economic incentives. Fusion does more than settle transactions, it coordinates outcomes.