RaaS #444: Ondo Acquires Oasis Pro!

2011 BTC Whale Activates, Kamino Intro Max Yield, and Moar!

Ondo acquired Oasis Pro to build a regulated tokenized securities platform using its broker-dealer license. A clear bet on compliant tokenization infrastructure.

GAME token, now live in ACP public beta, uses a 1% fee to reward holders from VADER-based agent activity. Whales are rotating in, $457K net inflow in 24h, likely betting on ACP infra. Utility-backed assets like GAME are finally starting to flip the meme narrative. Took long enough.

A solo BTC miner with 2.3 PH/s won a 350K BTC block reward, beating 0.004% odds. It’s a rare decentralization event given Marathon’s 75 EH/s push. Solo mining remains statistically improbable.

Aptos CEO Avery Ching testified before the U.S. Agriculture Committee, backing the CLARITY Act to bring regulatory structure to crypto. Aptos is pushing Move as internet infrastructure. Strange venue, but if farm bills are what it takes to get clarity, so be it.

Kamino launched its first Max Yield vault with Elemental and Voltr, using V2 infra to automate USDC yield across six Solana lending markets. It’s an aggressive strategy play wrapped in clean design.

UniswapX routes swaps across v2, v3, v4, and external liquidity like CoWs and private market makers, aiming for better prices and lower costs. It’s peak DeFi modular, competitive, and offchain-friendly. The infra keeps evolving, even if the regulators are still figuring out what to do with it.

ether.fi Cash hit a $10M cumulative spend milestone, with daily volumes at all-time highs. It’s part of DeFi’s push into everyday finance, mixing credit cards, 3% cashback, and stablecoin yields. Withdrawal features are coming too, which might ease some of the liquidity anxiety.

Don’t mid-curve this one!

Symbiotic introduces modular restaking with customizable validator rules and slashing, using vaults and resolvers to isolate validator behavior without custodial risk. Likely timed around EthCC, though reactions are split. Some still see TGEs as a distraction from real infra work.

Pendle now manages $4.8B in TVL, fueled by its Boros upgrade and cross-chain expansion into Solana and Hyperliquid. May staker fees hit $3.86M, showing real revenue. With Binance Labs and Arca backing it, Pendle is rebuilding fixed income from the ground up.

A 14-year-dormant wallet just moved 10,000 BTC, turning a $7,800 buy in 2011 into $1.09B. These Bitcoin OG moves are rare but keep proving the asset’s long-view appeal. Still no good data on what makes someone hold for over a decade just CONVICTION.

Top Gainers: OFT, BR, H, A47, STRIKE.

A Martian meteorite is listed for 4M in Bitcoin, one of only ~200 confirmed pieces from Mars. Using BTC for the sale ties into rising crypto use in high-value assets. Bitcoin keeps showing up in unexpected luxury markets.

Over 40 fake wallet extensions on Firefox, including clones of MetaMask and Coinbase, were found stealing funds using open-source code. Koi Security linked the FoxyWallet malware to a Russian-speaking actor active since April. Mozilla still looks behind the curve on extension security.

The U.S. House declared July 14–18 as Crypto Week to review the CLARITY Act, GENIUS Act, and Anti-CBDC bill. It’s a rare bipartisan moment shaped by $250M in 2024 lobbying. Defining “investment contract assets” under CFTC could finally break the SEC vs CFTC deadlock. Long overdue.

That’s all for today!