ZEROBASE WEEKLY 8.31–9.6
ZBT traded in a tight $0.080–$0.086 band this week, opening near $0.084 on August 31 and finishing around $0.085 by September 6. The token briefly dipped toward $0.080–$0.081 on September 2 before reclaiming the mid-$0.08s. Trading volumes stayed functional , generally in the $3–$10 million daily range, with liquidity remaining orderly and spreads contained.
The broader crypto market showed more range than the late-August squeeze. Total capitalization moved from roughly $2.59T–$2.63T at the start of the week to a Thursday peak near $2.82T as Bitcoin cleared $81,000, then settled back in the $2.67T–$2.79T area. That is a constructive but incomplete recovery from the mid-year trough near $2.3T.
Bitcoin opened the week near $78,550 on August 31, slipped to a weekly low around $76,250 on September 2, then ripped to a three-month high above $82,200 on September 3. It faded to the high-$79,000s after Friday’s jobs print and closed the week near $80,300–$80,350 — a net gain of about 2% from Monday’s open and roughly 5% from the weekly low. Ethereum moved in a narrower channel: from about $2,467 on August 31, down toward $2,356–$2,390 midweek, then back to $2,510–$2,516 by Sunday, a modest gain of around 2% on the week and about 6–7% from the low.
Derivatives confirmed the move was a squeeze, not a clean leverage rebuild. On September 3, 24-hour liquidations ran $400–$510 million, with shorts accounting for the bulk — roughly $345–$415 million of short liquidations that session, including about $162–$174 million in Bitcoin shorts. Open interest remained elevated near $54 billion on Bitcoin perps. Funding stayed near neutral to only mildly positive after the squeeze, suggesting traders were covering rather than aggressively adding new longs.
Macro and geopolitics were the week’s real drivers. The U.S.–Iran conflict, now in its seventh month, intensified again. Washington struck IRGC sites on the Iranian mainland early in the week, and both sides targeted vessels around the Strait of Hormuz. Hormuz traffic stayed depressed at roughly 10 commodity ships per day versus more than 130 pre-war. Oil responded immediately: WTI rose nearly 10% on the week to settle around $91.48 on Friday, while Brent gained about 7.6–7.8% to $96.28. Diesel hit a U.S. retail record near $5.85 a gallon. Energy inflation is no longer a one-day shock; it is a persistent input into the Fed’s reaction function.
Friday’s August employment report then flipped equity and rate markets. Nonfarm payrolls printed +162,000 versus a ~56,000 consensus, with prior months revised up by 55,000. Unemployment held at 4.1%. The 10-year yield finished near 4.78% and the 2-year near 4.37%. Markets immediately repriced the odds of a September rate hike higher. U.S. equities finished mixed for the week: the S&P 500 eked out a 0.1% gain to 7,718.60, the Nasdaq Composite rose 0.4% to 26,506.99, and the Dow fell 0.3% to 53,414.25. Friday itself was risk-off — S&P −0.38%, Dow −0.51%, Nasdaq Composite −0.29% — after the jobs surprise. Chip names limited the Nasdaq damage; credit-sensitive and consumer names did not.
Institutional crypto flows remained the structural offset. U.S. spot Bitcoin ETFs took in about $987 million net for the week ending September 4/5, extending a three-week streak to roughly $3.8 billion. The path was uneven: +$217 million on August 31, −$236.5 million on September 1, then +$101 million, a standout +$731 million on September 3 (largest single day since mid-January), and +$175 million on September 4. BlackRock’s IBIT again absorbed the majority. Ethereum ETFs added about $215 million, down ~74% from the prior week’s $816 million. Combined BTC+ETH ETF inflows were still ~$1.2 billion. Bitcoin ETF AUM sat near $101 billion. Year-to-date BTC ETF flows remain slightly negative, so this is repair, not a new cycle high in sponsorship.
Crypto-native news reinforced a rotation beneath Bitcoin. Zcash led the tape, breaking $1,000 and later trading above $1,150–$1,200 with a weekly gain approaching 40%, helped by ETF interest and a short squeeze. Uniswap jumped more than 50% on the week as DeFi breadth improved. Arbitrum ripped on Robinhood Chain activity.
Elsewhere: Liquid Network paused after a purported white-hat withdrawal of $320 million in bitcoin; Trezor said a ShipMonk breach affected tens of thousands more customers; the SEC floated a “Regulation Crypto Assets” framework with offering exemptions; and OpenReserve received preliminary OCC approval for a national bank charter. Privacy coins and infrastructure names outperformed beta.
Crypto Fear & Greed spent the week in greed, not fear. The index rose from 62 on August 31 to 69, 63, 65, then 74 on September 4, and held 73–74 into the weekend. Seven-day average was about 68; 30-day average about 54. Sentiment has flipped from the August mid-20s/30s readings, which is consistent with the price rebound but leaves less cushion if oil or the Fed surprise again.
On-chain data was more mixed than the ETF tape. Long-term holders are no longer in the aggressive distribution regime of earlier 2026, but they are not uniformly accumulating either. Whale flow flipped toward net exchange deposits later in the week (roughly +1,900 to +3,900 BTC on some sessions), and tracked large holders rotated size rather than simply stacking.
Dormant supply stirred: 2013-era wallets moved hundreds of BTC in early September, including a coordinated 200 BTC burst on September 5, while 2011 coins worth more than $7 million also woke up. OG five-year+ UTXO spend, on a 90-day average, rose toward ~1,500 BTC — higher than May, but still well below prior capitulation spikes. The read-through is consolidation and wallet hygiene more than a coordinated dump, yet it is not the one-way accumulation signal of a clean breakout.
In summary, August 31–September 6 was a squeeze week inside a still-contested macro regime. Spot Bitcoin and Ethereum recovered from the $76k / $2,360 area, ETF demand stayed real, and alt breadth improved via ZEC, UNI, and privacy/infrastructure names. Against that, Hormuz risk pushed oil to three-month highs, Friday’s 162k jobs print revived hike odds, U.S. equities stalled, and on-chain whales stopped being net buyers into strength.
The market is consolidating in the $80,000 Bitcoin / $2,500 Ether zone with institutional bids underneath and energy-geopolitical risk overhead. Next week’s CPI and the September FOMC path matter more than last week’s liquidations.
85·ALong
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meme9/6meme
Recap of the past 4 weeks in crypto:
- The return of the "debasement trade" acted as a catalyst for $BTC which pumped from $64k to $80k in 3 days. This revived the crypto market and has questioned whether we're out of the bear market or not.
- The main altcoin narrative has been Robinhood chain picking up steam big time on-chain. The big winner has been $PONS which is the launchpad and went up almost 30x in 2 weeks. $AI pumped from $1M to $300M and is the leading "meme paired with a tokenized stock". $CASHCAT reached new highs at $300M. $ARB pumped +140% and $UNI +130% as proxies for RH chain success.
- $ZEC has been unstoppable and pumped from $500 to $1200.
- $PUMP had a massive run and went from $2bn to $5.5bn FDV at its top
- $ENA had a +120% move in 4 days and announced that they would be conducting buybacks
- $HYPE reached a new ATH at almost $90. $LIT pumped from $2 to almost $5.
- $XRP squeezed surprisingly strongly from $1 to $1.7 at the top of the spike
- 3 main scam coins: $TUT (30x then died), $AKE (200x bottom to top in 2 months), $BTW (12x)
- $CHIP is up 3x from its bottom after 4 months of bleeding
0·-Neutral
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news9/6news
Recap of the past 4 weeks in crypto:
- The return of the "debasement trade" acted as a catalyst for $BTC which pumped from $64k to $80k in 3 days. This revived the crypto market and has questioned whether we're out of the bear market or not.
- The main altcoin narrative has been Robinhood chain picking up steam big time on-chain. The big winner has been $PONS which is the launchpad and went up almost 30x in 2 weeks. $AI pumped from $1M to $300M and is the leading "meme paired with a tokenized stock". $CASHCAT reached new highs at $300M. $ARB pumped +140% and $UNI +130% as proxies for RH chain success.
- $ZEC has been unstoppable and pumped from $500 to $1200.
- $PUMP had a massive run and went from $2bn to $5.5bn FDV at its top
- $ENA had a +120% move in 4 days and announced that they would be conducting buybacks
- $HYPE reached a new ATH at almost $90. $LIT pumped from $2 to almost $5.
- $XRP squeezed surprisingly strongly from $1 to $1.7 at the top of the spike
- 3 main scam coins: $TUT (30x then died), $AKE (200x bottom to top in 2 months), $BTW (12x)
- $CHIP is up 3x from its bottom after 4 months of bleeding
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Pons v2 has generated over $842,000,000 in RWA volume since last month's release.
We're taking RWAs to the next level, powered by @Uniswap 🦄
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Pons v2 has generated over $842,000,000 in RWA volume since last month's release.
We're taking RWAs to the next level, powered by @Uniswap 🦄
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This Week in Virtuals: Robinhood App Turned On Agent Trading, with Virtuals as the Onchain Infra Layer
VIRTUALS
🟩 @RobinhoodApp rolled Agentic Trading out to 100% of eligible users this week. Onchain, the infra layer agents launch on, trade from and get owned through is now Virtuals Protocol.
🟩 @coinbureau called Virtuals "an entire nation for AI agents, complete with identity, banking, commerce and capital markets," where every agent gets a wallet, a card and an email, and can hire, pay and evaluate other agents.
ECOSYSTEM
🟩 @GoMintly took its agent-managed LP vaults from NVDA and SPCX to the whole index via SPY, then to $MEME, all on @RobinhoodCrypto.
🟩 @ProjectVEXai gave its agents onchain capital access and now trades across @RobinhoodApp, @solana, @arbitrum and 7 more chains.
🟩 @PlayKindra shipped HoodExplorer for Robinhood Chain and routes 90% of its swap fees into buying and burning KINDRA.
🟩 @WizzHQ minted Wizz Units, 2,345 PFPs on Robinhood Chain, clearing 100 in five minutes after fully refunding the paused mint.
🟩 @grid_arena launched Grid v2, one arena for crypto, stocks and prediction markets, with agent Autopilot coming next.
🟩 @useOttoAI has settled 171,539 paid x402 calls on @base and soft launched Otto Stocks for weekend equity gaps.
🟩 @tradeongtr added $BMNR and $SHEIN markets and routed over $180K through its @openfinancelabs partnership.
🟩 @ethy_agent crossed $10M in agent volume only days after passing $6M, and has a private beta of its next build incoming.
🟩 @KarmaWallet crossed $6M total volume after daily volume jumped almost 200% in two days, and Karma Verified now gives 24 hours of zero fees.
🟩 @wardenprotocol ran its first HALO buyback and burn, torching 219,944 HALO, and announced a Token Terminal and Launchpad.
🟩 @reppo launched its Eval API on Base, where 1,000 staked EVAL unlocks up to $1 a day of credits, and burned about 2% of supply.
🟩 @myrad_hq ran its first burn, 7M MYRAD or 0.7% of supply, and now pays epoch evaluators in USDC instead of its own token.
🟩 @mamo has distributed $638K in total rewards, with MAMO now paired against 17 assets on @AerodromeFi.
🟩 @commonsmade hit record usage, 1.3B AI tokens spent in one day against a 2B target, and routed $20K to stakers.
🟩 @OpenGradient has processed 3.32B tokens across 562,860 inferences, every prompt encrypted on device and relayed over OHTTP.
🟩 @Bowyer_App has 28 agents live, and five were specced and launched by another agent scanning GitHub on its own.
🟩 @Wall3_RL's agent called the September rate cut repricing, with CME odds moving 41% to 60% and Polymarket 30% to 52%.
🟩 @bleeep_xyz turned on Agent Automation, where a signed mandate caps capital, daily stop and duration before a single order.
🟩 @sibyl_labs_ closed hackathon registration at 453 builders, and @base is now sponsoring a startup accelerator entry for a top two finisher.
🟩 @RatehopperAI brought LP agents to @base on WETH/USDC as Season 0 wraps up.
🟩 @vantis_ai made its trading engine performance public and previewed an x402 terminal that can LP into Uniswap pools.
🟩 @officialbunnyos turned on Play-to-Earn and its human interface within a week, and is closing in on 500 players.
🟩 @vimenprotocol closed its first USDG payout cycles and now mints baskets from Ethereum, @base, @arbitrum, @solana or Bitcoin.
🟩 @Fletcher_cards put its gacha machines live on @base and BNB Chain, and is opening a TCG Index Launcher for card-backed indexes.
🟩 @PrivacyHood shipped merchant refunds as claim links, plus a printed paper recovery slip its stealth till makes you type back.
🟩 @axol_io routed Raxol agents through @xochi_fi's new TRON support, opening the deepest USDT corridor in crypto to them.
🟩 @Vader_AI_ is running EgoPlay on fixed tasks in changing settings, so every egocentric clip it collects stays comparable.
ROBOTICS
🟩 @pabsclimbs landed in Nepal with Pemba clearing customs, and opened community funding for open-source partners on the $PEAK expedition.
🟩 @xmaquina put its incubated @roboticomarket live and logged 22,000 humanoid units shipped in H1 2026, up 300% year on year.
🟩 @openmind_agi published PHASOR, mapping different humanoid bodies into one shared motion space so behaviour transfers between them.
🟩 @StrikeRobot_ai got DSC Labs, its robotics R&D arm, into @nvidia Inception and cut SR Platform layouts to under five minutes.
0·-Neutral
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news9/6news
This Week in Virtuals: Robinhood App Turned On Agent Trading, with Virtuals as the Onchain Infra Layer
VIRTUALS 🟩 @RobinhoodApp rolled Agentic Trading out to 100% of eligible users this week. Onchain, the infra layer agents launch on, trade from and get owned through is now Virtuals Protocol.
🟩 @coinbureau called Virtuals "an entire nation for AI agents, complete with identity, banking, commerce and capital markets," where every agent gets a wallet, a card and an email, and can hire, pay and evaluate other agents.
ECOSYSTEM 🟩 @GoMintly took its agent-managed LP vaults from NVDA and SPCX to the whole index via SPY, then to $MEME, all on @RobinhoodCrypto. 🟩 @ProjectVEXai gave its agents onchain capital access and now trades across @RobinhoodApp, @solana, @arbitrum and 7 more chains. 🟩 @PlayKindra shipped HoodExplorer for Robinhood Chain and routes 90% of its swap fees into buying and burning KINDRA. 🟩 @WizzHQ minted Wizz Units, 2,345 PFPs on Robinhood Chain, clearing 100 in five minutes after fully refunding the paused mint. 🟩 @grid_arena launched Grid v2, one arena for crypto, stocks and prediction markets, with agent Autopilot coming next. 🟩 @useOttoAI has settled 171,539 paid x402 calls on @base and soft launched Otto Stocks for weekend equity gaps. 🟩 @tradeongtr added $BMNR and $SHEIN markets and routed over $180K through its @openfinancelabs partnership. 🟩 @ethy_agent crossed $10M in agent volume only days after passing $6M, and has a private beta of its next build incoming. 🟩 @KarmaWallet crossed $6M total volume after daily volume jumped almost 200% in two days, and Karma Verified now gives 24 hours of zero fees. 🟩 @wardenprotocol ran its first HALO buyback and burn, torching 219,944 HALO, and announced a Token Terminal and Launchpad. 🟩 @reppo launched its Eval API on Base, where 1,000 staked EVAL unlocks up to $1 a day of credits, and burned about 2% of supply. 🟩 @myrad_hq ran its first burn, 7M MYRAD or 0.7% of supply, and now pays epoch evaluators in USDC instead of its own token. 🟩 @mamo has distributed $638K in total rewards, with MAMO now paired against 17 assets on @AerodromeFi. 🟩 @commonsmade hit record usage, 1.3B AI tokens spent in one day against a 2B target, and routed $20K to stakers. 🟩 @OpenGradient has processed 3.32B tokens across 562,860 inferences, every prompt encrypted on device and relayed over OHTTP. 🟩 @Bowyer_App has 28 agents live, and five were specced and launched by another agent scanning GitHub on its own. 🟩 @Wall3_RL's agent called the September rate cut repricing, with CME odds moving 41% to 60% and Polymarket 30% to 52%. 🟩 @bleeep_xyz turned on Agent Automation, where a signed mandate caps capital, daily stop and duration before a single order. 🟩 @sibyl_labs_ closed hackathon registration at 453 builders, and @base is now sponsoring a startup accelerator entry for a top two finisher. 🟩 @RatehopperAI brought LP agents to @base on WETH/USDC as Season 0 wraps up. 🟩 @vantis_ai made its trading engine performance public and previewed an x402 terminal that can LP into Uniswap pools. 🟩 @officialbunnyos turned on Play-to-Earn and its human interface within a week, and is closing in on 500 players. 🟩 @vimenprotocol closed its first USDG payout cycles and now mints baskets from Ethereum, @base, @arbitrum, @solana or Bitcoin. 🟩 @Fletcher_cards put its gacha machines live on @base and BNB Chain, and is opening a TCG Index Launcher for card-backed indexes. 🟩 @PrivacyHood shipped merchant refunds as claim links, plus a printed paper recovery slip its stealth till makes you type back. 🟩 @axol_io routed Raxol agents through @xochi_fi's new TRON support, opening the deepest USDT corridor in crypto to them. 🟩 @Vader_AI_ is running EgoPlay on fixed tasks in changing settings, so every egocentric clip it collects stays comparable.
ROBOTICS 🟩 @pabsclimbs landed in Nepal with Pemba clearing customs, and opened community funding for open-source partners on the $PEAK expedition. 🟩 @xmaquina put its incubated @roboticomarket live and logged 22,000 humanoid units shipped in H1 2026, up 300% year on year. 🟩 @openmind_agi published PHASOR, mapping different humanoid bodies into one shared motion space so behaviour transfers between them. 🟩 @StrikeRobot_ai got DSC Labs, its robotics R&D arm, into @nvidia Inception and cut SR Platform layouts to under five minutes.
75·ALong
n
news9/6news
This Week in Virtuals: Robinhood App Turned On Agent Trading, with Virtuals as the Onchain Infra Layer
VIRTUALS
🟩 @RobinhoodApp rolled Agentic Trading out to 100% of eligible users this week. Onchain, the infra layer agents launch on, trade from and get owned through is now Virtuals Protocol.
🟩 @coinbureau called Virtuals "an entire nation for AI agents, complete with identity, banking, commerce and capital markets," where every agent gets a wallet, a card and an email, and can hire, pay and evaluate other agents.
ECOSYSTEM
🟩 @GoMintly took its agent-managed LP vaults from NVDA and SPCX to the whole index via SPY, then to $MEME, all on @RobinhoodCrypto.
🟩 @ProjectVEXai gave its agents onchain capital access and now trades across @RobinhoodApp, @solana, @arbitrum and 7 more chains.
🟩 @PlayKindra shipped HoodExplorer for Robinhood Chain and routes 90% of its swap fees into buying and burning KINDRA.
🟩 @WizzHQ minted Wizz Units, 2,345 PFPs on Robinhood Chain, clearing 100 in five minutes after fully refunding the paused mint.
🟩 @grid_arena launched Grid v2, one arena for crypto, stocks and prediction markets, with agent Autopilot coming next.
🟩 @useOttoAI has settled 171,539 paid x402 calls on @base and soft launched Otto Stocks for weekend equity gaps.
🟩 @tradeongtr added $BMNR and $SHEIN markets and routed over $180K through its @openfinancelabs partnership.
🟩 @ethy_agent crossed $10M in agent volume only days after passing $6M, and has a private beta of its next build incoming.
🟩 @KarmaWallet crossed $6M total volume after daily volume jumped almost 200% in two days, and Karma Verified now gives 24 hours of zero fees.
🟩 @wardenprotocol ran its first HALO buyback and burn, torching 219,944 HALO, and announced a Token Terminal and Launchpad.
🟩 @reppo launched its Eval API on Base, where 1,000 staked EVAL unlocks up to $1 a day of credits, and burned about 2% of supply.
🟩 @myrad_hq ran its first burn, 7M MYRAD or 0.7% of supply, and now pays epoch evaluators in USDC instead of its own token.
🟩 @mamo has distributed $638K in total rewards, with MAMO now paired against 17 assets on @AerodromeFi.
🟩 @commonsmade hit record usage, 1.3B AI tokens spent in one day against a 2B target, and routed $20K to stakers.
🟩 @OpenGradient has processed 3.32B tokens across 562,860 inferences, every prompt encrypted on device and relayed over OHTTP.
🟩 @Bowyer_App has 28 agents live, and five were specced and launched by another agent scanning GitHub on its own.
🟩 @Wall3_RL's agent called the September rate cut repricing, with CME odds moving 41% to 60% and Polymarket 30% to 52%.
🟩 @bleeep_xyz turned on Agent Automation, where a signed mandate caps capital, daily stop and duration before a single order.
🟩 @sibyl_labs_ closed hackathon registration at 453 builders, and @base is now sponsoring a startup accelerator entry for a top two finisher.
🟩 @RatehopperAI brought LP agents to @base on WETH/USDC as Season 0 wraps up.
🟩 @vantis_ai made its trading engine performance public and previewed an x402 terminal that can LP into Uniswap pools.
🟩 @officialbunnyos turned on Play-to-Earn and its human interface within a week, and is closing in on 500 players.
🟩 @vimenprotocol closed its first USDG payout cycles and now mints baskets from Ethereum, @base, @arbitrum, @solana or Bitcoin.
🟩 @Fletcher_cards put its gacha machines live on @base and BNB Chain, and is opening a TCG Index Launcher for card-backed indexes.
🟩 @PrivacyHood shipped merchant refunds as claim links, plus a printed paper recovery slip its stealth till makes you type back.
🟩 @axol_io routed Raxol agents through @xochi_fi's new TRON support, opening the deepest USDT corridor in crypto to them.
🟩 @Vader_AI_ is running EgoPlay on fixed tasks in changing settings, so every egocentric clip it collects stays comparable.
ROBOTICS
🟩 @pabsclimbs landed in Nepal with Pemba clearing customs, and opened community funding for open-source partners on the $PEAK expedition.
🟩 @xmaquina put its incubated @roboticomarket live and logged 22,000 humanoid units shipped in H1 2026, up 300% year on year.
🟩 @openmind_agi published PHASOR, mapping different humanoid bodies into one shared motion space so behaviour transfers between them.
🟩 @StrikeRobot_ai got DSC Labs, its robotics R&D arm, into @nvidia Inception and cut SR Platform layouts to under five minutes.
75·ALong
n
news9/6news
Robinhood chain is @Uniswap best deployment in years.
Weekly swaps hit a new high of 39.9M in the week of August 24. 4.3x from April's low and 38% above the prior high of 28.9M a week earlier.
The fee switch turns that activity into supply reduction. 150K UNI, worth about $590,000, was burned on Aug 21. Their largest single day burn ever.
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This is a great market because there are a number of really good coins you can buy w/ different narratives / marketcaps. You can get in with virtually any size on some of these as well.
On the perps/cex coin side I am looking at:
ENA USELESS ARB UNI CHIP ZEC PUMP BSC coins (4 has been strong but could just be a short term pump)
Onchain: (debatable if local top is in, some of these charts are a bit iffy on lower time frames, might just bid pons tbh)
STONK (moved so strong big miss from me) BONER RH Eco (AI/PONS/CC tho would just focus on PONS) NUDES BASECAT MARSCOIN (I own)
All in all, I lean more towards there being a bit of a cooldown on the RH side for new pairs and there being a bit of time to consolidate.
Still can buy and hold certain coins or day trade or swing trade; all options available
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📌 Arthur Hayes 从 Flowdesk 收到 24.4 万枚 UNI（$172万）
BitMEX 联创 Arthur Hayes 地址从 Flowdesk Hot Wallet 收到 244,406 枚 UNI（约$172万），疑似通过做市商 OTC 购入。Hayes 近期链上活跃，8 月以来已通过 Galaxy Digital 和 FalconX 累计接收超$1,000 万加密资产，本次为其首次大额买入 UNI，或表明对 DeFi 代币的兴趣。
ethereum · tx
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UNI/USDT OI 5min Down 6.48% $538K dropped to $504K, Price -0.27%, Long Liquidation
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UNI Burn Value Tops $1M for First Time as Robinhood Chain Activity Surges
According to Wu Blockchain Data Center, the value of UNI burned on September 4 reached $1.15 million, surpassing $1 million in a single day for the first time. A total of 184k UNI was burned, the second-highest daily amount on record, with Robinhood Chain accounting for 150k UNI. The surge was primarily driven by heightened trading activity on Robinhood Chain. On the same day, Robinhood Chain’s daily DEX volume exceeded $3 billion for the first time, with Uniswap accounting for as much as 98% of the total.
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UNI Burn Value Tops $1M for First Time as Robinhood Chain Activity Surges
According to Wu Blockchain Data Center, the value of UNI burned on September 4 reached $1.15 million, surpassing $1 million in a single day for the first time. A total of 184k UNI was burned, the second-highest daily amount on record, with Robinhood Chain accounting for 150k UNI. The surge was primarily driven by heightened trading activity on Robinhood Chain. On the same day, Robinhood Chain’s daily DEX volume exceeded $3 billion for the first time, with Uniswap accounting for as much as 98% of the total.
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🎥 @Bitwise’s @Matt_Hougan lays out three crypto stories to own: Bitcoin for debasement, Zcash for privacy and a decade-long tokenization super cycle spanning ETH, SOL, UNI and more. https://t.co/jzW3tfFhZQ
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🎥 @Bitwise’s @Matt_Hougan lays out three crypto stories to own: Bitcoin for debasement, Zcash for privacy and a decade-long tokenization super cycle spanning ETH, SOL, UNI and more.
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🎥 @Bitwise’s @Matt_Hougan lays out three crypto stories to own: Bitcoin for debasement, Zcash for privacy and a decade-long tokenization super cycle spanning ETH, SOL, UNI and more.
60·B+Long
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The Bright Side: Onchain Growth
Price action often overshadows the progress we're making as an industry. When prices are suppressed, pessimism floods timelines and it feels like it's all over. That's a disservice to the teams still building. Growth should be celebrated, not just green candles. So we're launching The Bright Side: short pieces, charts, and quick commentary, all on the growth we're seeing in crypto. Bringing optimism and drawing attention to what moves us forward. This first issue covers onchain activity that's picked up over the summer. Overall activity is nowhere near past peaks, and yet certain ecosystems and protocols have found ways to thrive. Life in the Solana trenches @solana processed 1.32B transactions in the week of August 23, past the 800M peak of the 2024-2025 memecoin season. That’s roughly double its January base. A revival in memecoin trading on @Pumpfun drove most of it, with @fomo as the new entrant.
@Pumpfun's weekly revenue has grown for six weeks straight, from $6M in the week of July 13 to $17.5M in the week of August 24, with daily active wallets hitting a high of 673k. @fomo, the hit social trading app peaked at 93K daily active users on Solana. Beyond transactions, revenue is picking up as well. Solana application had $143M in revenue in August, the most since January and 81% above the April low. Coinbase <> Base pipeline @base TVL crossed $5.5B on August 26, a high for the year and just under the $5.58B record set on October 7, 2025. $3.9B of that, or 70%, sits in @Morpho markets, and $3B of it is cbBTC deposited through @coinbase crypto-backed loan product built on Morpho. Because that collateral is bitcoin-denominated, holding $3B through a year in which BTC fell roughly 37% reflects the growth in the deposit base grew substantially in BTC terms.
Uniswap's Robinhood Chain payoff Uniswap processed 39.9M swaps in the week of August 24, up 4.3x from an April low of 9.2M and 38% above the prior high of 28.9M a week earlier. The fee switch turns that activity into supply reduction. The protocol executed its largest dollar-value UNI burn on August 21, roughly 150,000 UNI worth about $590,000.
Robinhood chain is the reason behind the surge. Over $30B in DEX volume has run through Uniswap on the chain since its July 1 launch, accounting for 91% of all DEX volume there. Robinhood Stock Tokens make up $1.3B while crypto-native tokens and memecoins make up the rest. Stable active address growth Monthly active stablecoin addresses reached 55.3M in July, up 25% year-on-year. USDT accounted for 69%, with USDC representing 27%. Although stablecoin supply has remained at ~$300B since the start of the year, address counts have continued to grow. The demand behind them is payments and dollar access, on top of being trading collateral. Retail-sized transfers hit a monthly record of 162M transactions in August, reflecting the rise in consumer adoption.
And that’s a wrap for this issue. Prices will do what they do. Builders keep shipping, products that work keep compounding and the industry keeps growing. More charts and commentary to come.
75·ALong
n
news9/4news
The Bright Side: Onchain Growth
Price action often overshadows the progress we're making as an industry. When prices are suppressed, pessimism floods timelines and it feels like it's all over. That's a disservice to the teams still building. Growth should be celebrated, not just green candles.
So we're launching The Bright Side: short pieces, charts, and quick commentary, all on the growth we're seeing in crypto. Bringing optimism and drawing attention to what moves us forward. This first issue covers onchain activity that's picked up over the summer. Overall activity is nowhere near past peaks, and yet certain ecosystems and protocols have found ways to thrive.
Life in the Solana trenches
@solana processed 1.32B transactions in the week of August 23, past the 800M peak of the 2024-2025 memecoin season. That’s roughly double its January base. A revival in memecoin trading on @Pumpfun drove most of it, with @fomo as the new entrant.
@Pumpfun's weekly revenue has grown for six weeks straight, from $6M in the week of July 13 to $17.5M in the week of August 24, with daily active wallets hitting a high of 673k.
@fomo, the hit social trading app peaked at 93K daily active users on Solana. Beyond transactions, revenue is picking up as well. Solana application had $143M in revenue in August, the most since January and 81% above the April low.
Coinbase <> Base pipeline
@base TVL crossed $5.5B on August 26, a high for the year and just under the $5.58B record set on October 7, 2025. $3.9B of that, or 70%, sits in @Morpho markets, and $3B of it is cbBTC deposited through @coinbase crypto-backed loan product built on Morpho. Because that collateral is bitcoin-denominated, holding $3B through a year in which BTC fell roughly 37% reflects the growth in the deposit base grew substantially in BTC terms.
Uniswap's Robinhood Chain payoff
Uniswap processed 39.9M swaps in the week of August 24, up 4.3x from an April low of 9.2M and 38% above the prior high of 28.9M a week earlier. The fee switch turns that activity into supply reduction. The protocol executed its largest dollar-value UNI burn on August 21, roughly 150,000 UNI worth about $590,000.
Robinhood chain is the reason behind the surge. Over $30B in DEX volume has run through Uniswap on the chain since its July 1 launch, accounting for 91% of all DEX volume there. Robinhood Stock Tokens make up $1.3B while crypto-native tokens and memecoins make up the rest.
Stable active address growth
Monthly active stablecoin addresses reached 55.3M in July, up 25% year-on-year. USDT accounted for 69%, with USDC representing 27%. Although stablecoin supply has remained at ~$300B since the start of the year, address counts have continued to grow. The demand behind them is payments and dollar access, on top of being trading collateral. Retail-sized transfers hit a monthly record of 162M transactions in August, reflecting the rise in consumer adoption.
And that’s a wrap for this issue. Prices will do what they do. Builders keep shipping, products that work keep compounding and the industry keeps growing. More charts and commentary to come.
75·ALong
n
news9/4news
FOMO IS LIVE ON ROBINHOOD CHAIN.
Robinhood Chain is building an AI-native onchain economy, purpose-built to make real-world assets investable onchain. FLock now brings FOMO, the first Fair Open Model Offering, to @RobinhoodCrypto, extending that frontier from financial assets to artificial intelligence.
AI Model Tokens aren’t just another crypto asset. They’re a new onchain primitive, backed by model inference through FLock API Platform, FLock’s enterprise-grade gateway for open-source AI models.
Built for the agentic economy, FOMO connects Model Token value to real AI usage, giving anyone a new way to launch, trade, and back AI models.
Thousands of AI agents are being tokenised. Now, the open-source intelligence powering them can be too.
This is not a phase. This is a supercycle.
Explore Model Tokens on FOMO. Now live for trading on @Uniswap.