Building trust in onchain capital markets.
Executive Summary Q2 2026 brought the institutional adoption Stellar spent a decade building toward. On May 27, the Depository Trust & Clearing Corporation announced plans to connect the Depository
Executive Summary Collector Crypt is a Solana marketplace for physical trading cards held onchain. Users buy a randomized pack, receive an NFT tied to a vaulted slab, and can optionally sell that card
Executive Summary Huma Finance closed the first half of 2026 with the strongest six months in its history, and for the first time the growth is visible in three places at once: payment financing
Executive Summary Algorand's H1 2026 work concentrated on post-quantum readiness, agentic commerce, real-world asset tokenization, and humanitarian payments. The post-quantum position earned the
Executive Summary XRPL-native stablecoin supply increased 195.4% QoQ to $825.5M, led by RLUSD, which increased 256.7% to $676.9M . OKX listed RLUSD across more than 280 spot pairs and enabled
Executive Summary Kamino ended Q2 2026 as Solana’s largest lending protocol and continued its evolution from a lending product into a broader platform for scaling assets onchain. Where Q1 provided
Executive Summary In Q2 2026, Jito strengthened its position in Solana’s block-building infrastructure while shifting its revenue mix toward a more durable, recurring base. Q2 2026 marked an important
Executive Summary Q2 2026 looked much like Q1 for the broader lending market: borrowing demand stayed weak, spreads stayed compressed, and revenue contracted across the major venues. Against that
Executive Summary Q2 2026 reflected a broad contraction in trading activity, while also highlighting a constructive shift in Raydium’s underlying business mix. Net revenue was $2.19M, down 64.0%
Executive Summary Q2 2026 was the quarter BNB Chain's diversification thesis received institutional validation. The VanEck BNB ETF (VBNB) listed on Nasdaq in late May as the first US spot BNB product,
Executive Summary Q2 2026 was a throughput-recovery quarter for Aerodrome: activity and market position rebounded strongly, while quarterly unit economics stepped back. Spot DEX volume rose 31.5% to
Executive Summary Bonk generated $2.40M in total revenue in Q2 2026, down 77.0% QoQ from Q1's $10.42M. The decline tracked a broad contraction in Solana speculative activity: the trading-bot segment
