RaaS #446: Vertex Leaves Katana for Ink!

3Jane Tests ZK Unsecured Loans, Japan’s Bond Yield Tops 3%, and Moar!

Tickr lets traders verify PnL without revealing wallet details, using Nillion’s blind compute to process encrypted trade histories and generate a public trust score. It’s a rare attempt to bring real credibility to crypto trading leaderboards.

Coinbase is putting up $5M in bounties via Cantina to strengthen Base and its onchain infra. It’s a serious signal to whitehats and a step toward matching institutional-grade security claims with actual skin in the game.

Vertex is leaving Katana to relaunch on Ink, offering a 1% INK airdrop to VRTX holders. Katana loses a core protocol, while Ink picks up momentum. How will Katana respond?

Blockworks Research dropped a Solana launchpad dashboard tracking revenue, launches, and volume. bonk_fun now leads with a 60% share, overtaking pumpdotfun. With $5B in token caps and real-time data live, Solana launchpads are starting to feel like their own sector.

JitoSOL is now natively bridgeable to Katana via LayerZero’s OFT standard. It opens up Katana’s DeFi stack to Solana stakers and tightens the link between the two growing ecosystems.

Internet Capital Markets reimagine finance as open, tokenized, and global. Backed by Solana and early plays like Opening Bell, it’s aiming to turn demat deserts into public markets. Ambitious, but if it clicks, it’s bigger than crypto.

Morpho’s new Conditional Funding Market lets users bet on its 30-day TVL to influence a $100K Unichain grant. Powered by Buttery, if the market’s right, it funds growth. If not, well, it’s still more interesting than a DAO vote.

In case someone asks, I am not associated with this account.

CT is an echo chamber. We copy what works, build for each other, and wonder why no one new shows up. The article calls it out cleanly. I agree, though I like the sound of my own voice more.

3Jane is testing ZK-powered unsecured lending in DeFi, no collateral, just verifiable credit. It’s a bold swing at an $8T market, far from Aave’s overcollateralized comfort zone. If enforcement holds, it’s a reset. If not, it’s Terra déjà vu with better math.

$40M in HYPE unlocks on July 15 after a 7-day unstake window. Whales seem ready. With Hyperliquid gaining traction and Kinetiq launching alongside, it’s either exit liquidity or perfect timing, depending on who you ask.

Top Gainers: TORUS, AMO, M, MAGIC, GP.

Tether backed Crystal Intelligence to boost onchain forensics, adding to its $2.7B freeze record across 55 jurisdictions. Scam Alert and real-time tracing tools aim to flip the script on crypto crime. Turns out, most bad actors still use traceable rails.

Roman Storm heads to trial on July 14 for his role in Tornado Cash, despite sanctions being lifted and courts pushing back on their legality. The case tests whether building open-source infra is a crime. Feels less like justice, more like the state refusing to lose.

Japan’s 30Y yield just broke 3%, ahead of elections and amid fiscal tension over handouts vs tax cuts. It’s a sharp move with global spillover risk, especially for Bitcoin, which has stumbled in past yield spikes. The BOJ’s quiet exit is no longer just a local story.

That’s all for today!