Forum
OPRR
Finance
Specials
On-chain Eco
Entry
Podcasts
Activities
Key Market Intelligence on August 1st, how much did you miss out on?
Top News
2. Tether Surpasses South Korea to Become the 18th Largest Holder of U.S. Treasury Bonds
3. Metaplanet CEO: Company Plans to Issue Up to Approximately $36.78 Billion Perpetual Preferred Shares
4. Suspected Figma Founder's Address Holds AGLD Tokens Worth Over $1.7 Million
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
[MOMENTUM]
Momentum (MOMENTUM) has received widespread attention on Twitter today, mainly due to its role as the core liquidity layer of the Sui network. The platform is known for its capital-efficient concentrated liquidity model and has been recognized for its innovative DeFi solutions, including ve(3,3) DEX, multi-chain treasury, and blue-chip Launchpad. Discussions have revolved around its partnerships with major institutions such as OKX Ventures, Coinbase Ventures, its TVL of over $1.59 billion, and its recent inclusion in the Kaito rankings. The community is particularly excited about its potential to redefine DeFi in the Sui ecosystem.
[SUI]
The SUI token sparked discussion on Twitter due to its integration with multiple DeFi protocols and platforms such as Kaito and Bluefin, driving the development of its ecosystem. The discussions emphasized SUI's role in decentralized finance, with projects like Momentum and Bluefin being key players. Momentum, as SUI's core liquidity provider, is known for its innovative DeFi solutions, including a centralized liquidity model and a tiered fee structure. Additionally, the potential of SUI in the field of post-quantum cryptography and the bullish market sentiment (price rise predictions) have also increased attention. Recent announcements of expert hirings by Walrus Sui and Mysten Labs further indicate upcoming developments in the SUI ecosystem.
[BLUE]
Today's discussions about BLUE mainly focused on Bluefin launching the Yapper leaderboard on Kaito, highlighting its achievements as a leading decentralized exchange platform on Sui. The platform has processed a total transaction volume exceeding $680 billion and currently stands as the highest-earning protocol on Sui. Users are excited about its new alliance partnership with KaitoAI, offering incentives such as cashback and rewards. The competition between Bluefin and Momentum, the two major DEXs on Sui, is also a hot topic, with some questioning potential conflicts of interest. Overall, the market sentiment is positive, with many enthusiastic about Bluefin's growth and its influence in the DeFi space.
[POL]
Today's discussions about POL primarily revolved around Polygon's significant progress and integrations. Key points included the Philippine government using Polygon for on-chain budget certification to enhance transparency and public accountability. Additionally, Polygon's total value locked (TVL) has reached a yearly high and is playing a role in stablecoin and forex liquidity through a partnership with Checker. The launch of the DeFi protocol Katana on Polygon and its integration with Agglayer have also fueled positive sentiment. These developments underscore Polygon's growing influence in the blockchain ecosystem, particularly in DeFi and real-world applications.
[PIRATEPIRATENATION]
Today's discussions about PIRATEPIRATENATION focused on the flagship blockchain game Pirate Nation's success and expansion with Proof of Play. The game has seen significant growth in player engagement and infrastructure, including the addition of new mini-games and updates on the AbstractChain. The recent appointment of IcoBeast as the Mindshare executive brought positive sentiment, leading to an increase in the $PIRATE token's market value. Despite some criticism, the overall sentiment remains positive, with the market looking forward to the future development of the Proof of Play ecosystem.
Featured Articles
1.《Apart from BNKR, what other potential projects does Clanker have?》
Since its launch in early 2025, Clanker has become the most vibrant launchpad on the Base chain. From the AI-generated "DebtReliefBot (DRB)" to the social tipping app Noice, and to the sports prediction oracle BRACKY, this community-driven experimental launcher has not only embraced the meme coin frenzy but has also nurtured a range of new mini-apps around Farcaster. In Base's current architecture, content tokens are taken over by Zora, while the more experimental ICM concept starts from Clanker. Together, they form a nascent ecosystem that deeply integrates the narrative of financialization with online social interaction.
On July 31st, the Silicon Valley design software giant will officially go public on the NYSE, co-underwritten by top-tier investment banks such as Morgan Stanley, Goldman Sachs, Allen & Company, and J.P. Morgan, making it one of the most anticipated tech stock IPOs of 2025. In the prospectus submitted by Figma ahead of its IPO, a sentence caught our attention: the company has been authorized to issue "Blockchain Common Stock." This practice is still relatively novel worldwide. In fact, this is not Figma's first interaction with the crypto world. Previously, they had already included a BTC ETF in their balance sheet. Figma's founder, Dylan Field, is also one of the few Web2 entrepreneurs who paid attention to Crypto trends at a very early stage. Therefore, this is not an opportunistic attempt but an expression of long-term confidence in Crypto. The world's most cutting-edge companies are proving through action that they are gradually embracing blockchain technology. We should not underestimate this change. We want to reexamine this company from a more unique perspective: not only its valuation and growth trajectory but also its product philosophy and capital structure design. And all of this cannot escape one person—Dylan Field.
On-chain Data
On-Chain Fund Flow for the Week of August 1st
Welcome to join the official BlockBeats community:
Telegram Subscription Group: https://t.me/theblockbeats
Telegram Discussion Group: https://t.me/BlockBeats_App
Official Twitter Account: https://twitter.com/BlockBeatsAsia
