perplexing

https://x.com/CoinbaseAssets/status/1955712358791188586

HYPERLIQUID EARNED 35% OF ALL BLOCKCHAIN REVENUE IN JULY 2025 ...

Dragonfly investor Omar said a 100 bps rate cut would slash Circle's annualized revenue by $618M (-23%), gross profit by $303M (-30%), and margins by 3.3 points, raising its valuation from 42x EV/annualized gross profit to 60.4x (~50% higher). To offset the impact, USDC supply would need to grow by $28B (44% of the current $64B). He noted rate cuts are inevitable, explaining yesterday’s ~$1.5B share sale and Circle's push to launch transaction flow monetization products like CPN and Circle Chain. — link

Robinhood reported July 2025 results: funded customers reached 26.7 million, up 2.5 million year-over-year; total platform assets hit $298 billion, up 106% year-over-year; net deposits for the month were $6.4 billion; Robinhood App crypto trading volume was $16.8 billion, up 217% year-over-year. — link

because you wouldn't think its the top yet

https://x.com/0xMerp/status/1955655023171702793

Hyperliquid (+Unit) AUM reaches approximately $6.2 billion, surpassing $6 billion for the first time in history. On August 13, Hyperliquid (+Unit) recorded a net inflow of $395 million in assets, setting a new single-day net inflow record, mainly 304m USDC and ~$47.6M in ETH. — link

base's official creative team just launched their creator token

it does seem a little under the radar since the official tweet was months ago

i expect this to move up the zora creator ladder (~5m rn)

https://fxtwitter.com/base/status/1910386826281705535

https://zora.co/@creativeoffice

this is the only official base team token so far, other than the founder (jacob)

will give it a punt here @ 5m since it feels pretty cheap

its actually moving pretty quick, but taking the top spot makes sense as the closest to base's official token

when i first saw it, it was still top 10, but already 2nd spot rn