The Modularization of DeFi Lending: The Risk Management Battle Among Morpho, Euler, and Aave.

The situation remains unchanged. Aside from the executive order, nothing has been codified into law.

Altcoins are no longer a central focus in the future plans of all major centralized exchanges.

While the stock market has repeatedly hit new highs, the market capitalization and trading volume of cryptocurrencies have both declined.

Whoever controls these infrastructure pieces will control the customer access point for the next decade.

Q1 2026 performance marks a turning point, with Circle accelerating its paradigm shift.

Many industry dividends exist only in the early development stages of a track.

DeFi is shifting from a market that produces yields to one that imports and distributes yields from traditional finance. The stronger the foundation, the more robust the upper structure can be.

There will be no single winner in this market.

Since no other asset could simultaneously meet these three criteria at the time, BUIDL became the default base asset.

The industry is maturing: anchoring value to RWA, while gradually establishing mechanisms for collaborative governance and accountability.

As the regulatory environment gradually opens up, large financial institutions will directly support crypto spot trading and progressively incorporate new asset classes, including prediction markets.

Bitcoin Q2 valuation cut to $143k, still has 2x potential: shifting from oversold to early equilibrium.

Payment Fees, Shared Infrastructure, and Offshore Demand Become New Battlegrounds.

We analyzed the entry barriers in nine Asian markets with the largest potential user bases and the corresponding measures taken by exchanges.