Stn

Research Analyst @defillama_res

[DefiLlama Research @defillama_res]

Join the DLR analysts on June 9th @ 11 AM EST as they dive into topics straight from the State of RWAfi Q1 2026 report:

→ Is RWAfi one market or many?
→ The rapid growth of tokenised stocks
→ What's happening in private credit
→ Permissioned vs permissionless RWA

See you then!

[DefiLlama Research @defillama_res]

The self-custody wallet is one of DeFi's most contested spaces, and for years has been built for 'hold token, swap token.'

@TrustWallet new CEO @felix_fan thinks this is not enough and has a specific trader-focused vision in mind. More in this interview:
https://t.co/nKWlXKQ526

[Stn @stan3web]

@octralex @octra @DefiLlama 🫡🫡

[alex @octralex]

An in-depth overview of the @octra bridge by @DefiLlama Research team is out. It covers how assets can move between public and private states, and not just chains. The bridge is becoming a standalone product, and also part of a broader EVM privacy stack being released gradually.

[Stn @stan3web]

@variational_io 🫡🫡

[Variational @variational_io]

Onchain order books face a massive cold start problem, requiring millions in subsidies to attract market makers for new assets, and it's still unclear if they will ever match TradFi liquidity.

Our RFQ model bypasses this entirely, tapping directly into existing CEX, DEX, and TradFi liquidity to list new crypto and RWAs faster and with best in class execution.

Read the full interview via @DefiLlama:

[DefiLlama Research @defillama_res]

Two components, one @octra thesis:

> Bridge brings assets from Ethereum into encrypted state
> Circles gives devs a private substrate to build apps inside that same environment

Together, privacy is persistent infrastructure, not an anonymity pool:
https://t.co/T3MRbxK14T

[Katana ⚔️ @katana]

Katana is built for economic alignment across apps, users, and chain activity.

@UseBoardwalk turns that into a launch standard where the rules are visible before you commit. Launches must hit a graduation threshold to seed a market, that liquidity locks once they do, and each token carries its own fee logic.

Economies you can inspect before you participate.

[Stn @stan3web]

@useboardwalk @ethereum @base @inkonchain @katana @fraxfinance @0xProject @sherlockdefi @DefiLlama 🙌🙌

[Boardwalk @useboardwalk]

Beta is live!

A community-centered fee-protection protocol for launching, discovering, and participating in transparent token economies.

The Boardwalk Standard:

@ethereum, @base, @inkonchain, @katana, @fraxfinance, @0xProject, @sherlockdefi, @DefiLlama.

Read more below. 👇

[DefiLlama Research @defillama_res]

Cold start liquidity, market maker extraction, and inefficient OTC settlement have held back many of today's onchain derivatives.

@variational_io has the answer to all three.

We spoke with CEO @variational_lvs to hear all about it in this interview:
https://t.co/P6zQHI0Zsf

[DefiLlama Research @defillama_res]

AI is crypto's new search bar and it now routes nearly all crypto exchange discovery to the same handful of names.

@binance sits at the top of 90% of outputs across 4 LLMs and 2 languages. We dive into what that dominance means and how to earn it:
https://t.co/gL2Y6QOI6C

[Stn @stan3web]

RT @BinanceResearch: Our joint analysis shows strong concentration in LLM outputs for exchange discovery, with Binance at ~90% Top-1 across…

[Hellas @hellasdotai]

https://t.co/khZCpSsQvi

[THORChain @THORChain]

THORChain Incident Update #5
The devs and security teams are working hard to bring the network safely back online. The focus is on getting this right, without rushing any steps. Security and stability remain the top priorities.

Nodes have upgraded to v3.18.1, which contained a patch and restores @RujiraNetwork's ability to manage credit accounts (borrow / repay).

ADR028 has been approved by the nodes. The next major step is cutting and testing v3.19.0. Additional changes are being made to the release and will be tested on stagenet before moving to mainnet. The target is to have it on stagenet by EOD tomorrow, though an exact timeline is yet to be confirmed.

Once finalised and pushed for mainnet adoption, all node operators are asked to upgrade as quickly as possible so the network can come back online safely and efficiently.

With ADR028 now approved, the bounty is active, meaning the hacker has an open window to return a portion of the funds. The protocol will also cover the remaining loss using POL. The figures are still being defined and will be shared in a follow-up announcement.

One important note: tss-lib has temporarily been moved to closed source for the next few weeks to allow THORSec to complete a full security audit without exposing ongoing remediation work. The repository will be reopened once this is complete.

More updates coming soon. We appreciate the patience and support.

[Hellas @hellasdotai]

AI should not be controlled by a small group of companies with the power to decide who gets compute, what model they get, and when access gets throttled.

Hellas is building the market layer for open AI compute.

More providers.
More models.
More choice.

[DefiLlama Research @defillama_res]

https://t.co/rgN4xCPyKg

[DefiLlama Research @defillama_res]

Argentina built an onchain culture out of necessity, and it's more sophisticated than most people realize.

DefiLlama Research is partnering with @crecimientoar on a joint report to document the country's crypto adoption, regulation, and the people behind them.

🦙🇦🇷 Coming soon.

[DefiLlama Research @defillama_res]

What's the current state of RWAfi? Tokenised ≠ used.

There is nearly $30 billion of real-world assets tokenized onchain, yet just $2.5 billion is actively deployed in DeFi.

So where's the disconnect?

This is one of the topics we explored in our State of RWAfi report:
🧵

[DefiLlama Research @defillama_res]

From $224M in Aug 2025 to $4.6B by Apr 2026, onchain private credit is one of the fastest growing markets in RWAfi.

@SentoraHQ is now curating a Morpho vault for PRIME, @HastraFi's HELOC-backed asset that brings home equity lending yield onchain:
https://t.co/tSiJ4CrHPW