24H Trending Tokens & Headlines | Robinhood Chain Single-Day Trading Volume Hits New High; Pons Has Paid $20.93 Million to Token Creators (August 31)
- Key Takeaways: This market report covers cryptocurrency market trends, on-chain ecosystem developments, and major regulatory events. The core focus is on the upcoming key procedural vote in the U.S. Senate regarding the CLARITY Act, which faces strong opposition from the banking industry over stablecoin reward issues and could have far-reaching implications for the stablecoin market landscape.
- Key Elements:
- Market Overview: Among the top 10 CEX trading volumes, UNI rose 11.2% against the trend while other tokens broadly declined; ZORA led the 24-hour gainers (+33.52%), reflecting a divergent overall market performance.
- Regulatory Developments: The U.S. Senate plans to hold a procedural vote on the CLARITY Act on September 15, requiring 60 votes in favor to advance deliberations; the Independent Community Bankers of America (ICBA) strongly opposes the bill, claiming stablecoins could trigger $1.3 trillion in bank deposit outflows.
- On-Chain Data: Robinhood Chain's single-day DEX trading volume reached $945 million, setting a new all-time high; the seven most actively traded tokenized stocks are all on BNB Chain or Robinhood Chain, generating a combined $4.3 billion in trading volume over the past 30 days.
- Security Incidents: Six chains in the Cosmos ecosystem were attacked via an EVM module vulnerability, resulting in losses of approximately $5.72 million; Cronos Network suspended operations after the Tectonic lending protocol suffered an oracle manipulation attack, involving approximately $75 million.
- Governance Progress: Solana's inflation reduction proposal SGP-0002 passed with 67% support, accelerating the inflation decline rate to 30%; Hyperliquid's HIP-4 proposal will enable permissionless deployment after the next network upgrade.
- Market Perspectives: The founder of Cryptoquant believes the peak of this bull cycle may be driven by global institutional and ETF demand; Meme coin trader Bonk Guy issued a warning about the risks of copy trading, emphasizing that no asset in the market rises without falling.
1. Hot CEX Tokens
Top 10 CEX Trading Volume and 24-Hour Price Changes:
- BTC: -0.3%
- ETH: -1.2%
- SOL: -2.92%
- ZEC: -0.4%
- XRP: -2.13%
- ENSO: -2.53%
- UNI: +11.2%
- BNB: -0.87%
- DOGE: -3.24%
- SUI: -3.51%
24-Hour Gainers (Data Source: OKX):
- ZORA: +33.52%
- ANIME: +18.59%
- AUCTION: +15.47%
- TNSR: +11.52%
- UNI: +11.2%
- ZK: +9.62%
- VELO: +8.18%
- ZEN: +6.92%
- PROVE: +5.68%
- EGLD: +4.06%
24-Hour Tokenized Equity Gainers (Data Source: msx.com):
- ANTA: 7.92%
- VAPE: 4.99%
- SEGG: 2.83%
- CAN: 2.63%
- STKE: 2.44%
- BTCS: 2.22%
- SWMR: 2.09%
- AEHG: 2.05%
- AMRK: 1.88%
- GAME: 1.67%
2. Trending On-Chain Meme Coins (Data Source: GMGN):
- PONS;
- Bull Run (Niu Lai);
- fone;
- Basecat;
- FEFER;
Headlines
U.S. Senate to Hold Procedural Vote on CLARITY Act on September 15
Odaily News: Bitcoin News stated on the X platform that the U.S. Senate is scheduled to hold a key procedural vote on the CLARITY Act on September 15. This cloture vote requires 60 votes in favor. If passed, the Senate will proceed with formal consideration of the bill, though this does not mean the bill has been ultimately approved.
All-Time High: Robinhood Chain Daily DEX Volume Reaches $945 Million
Odaily News: On August 29, Robinhood Chain's daily on-chain DEX trading volume reached $945 million, setting an all-time high and surpassing the previous peak from mid-July. DEX volume has been steadily recovering from a low of around $300 million in mid-August, with growth recorded for multiple consecutive trading days recently.
Odaily News: Token Terminal stated on the X platform that the seven tokenized stocks with the highest trading volume are all listed on BNB Chain or Robinhood Chain. Over the past 30 days, these tokenized stocks generated a combined $4.3 billion in DEX trading volume. Among them, QQQb on BNB Chain ranked first with $1.6 billion in volume, followed by SPCXb at $848.9 million and SPYb at $644.5 million, ranking second and third respectively.
Additionally, the top seven also include NVDA, SPACEX, and SPY on Robinhood Chain, as well as NVDAb on BNB Chain.
Pons: Paid $20.93 Million to Token Creators Over Past 47 Days
Odaily News: Pons stated on the X platform that it has paid $20.93 million to token creators over the past 47 days.
Meanwhile, according to Dune data, a total of 23,080 tokens were deployed on Robinhood Chain on August 29, with Pons V2 deploying 15,957 tokens in a single day, accounting for approximately 69.1% and continuing to rank first.
Industry News
Odaily News: South Korea's major securities firms achieved a record net profit of nearly 6 trillion won (approximately $4.356 billion) in the second quarter of this year, but brokerage stocks have recently shown weak performance. According to industry sources on the 29th, the combined net profit of South Korea's top 10 brokerages (Mirae Asset, Korea Investment, Samsung, KB, NH, Shinhan, Meritz, Kiwoom, Hana, and Daishin) reached 5.9362 trillion won (approximately $4.31 billion) in Q2, up 37% quarter-over-quarter and 141% year-over-year. Despite the solid earnings performance of major South Korean brokerages, their stock prices have been relatively weak. The Korea Exchange's securities industry index closed at 9,804.97 points on May 9, hitting a yearly high before pulling back sharply. The index fell to the 6,400-7,400 range in June and further declined to the 4,700-6,400 range in July. This month, it has been fluctuating within the 5,000-5,500 range.
Odaily News: The U.S. government transferred a small amount of Bitcoin this week, assets that were confiscated from Alameda Research's Binance US account three years ago. The U.S. government has not yet disclosed the purpose of this transfer or its plans for disposing of the remaining Bitcoin holdings.
Odaily News: The Independent Community Bankers of America (ICBA), representing approximately 5,000 U.S. community banks, is opposing the CLARITY Act. ICBA President and CEO Rebeca Romero Rainey stated that the "loopholes" related to stablecoin rewards must be completely closed, with no room for compromise.
The ICBA claims that stablecoins could cause $1.3 trillion in deposits to leave the banking system and reduce local lending by $850 billion. The association has already persuaded Republican Senators Josh Hawley and Jerry Moran to oppose the current version of the bill.
Romero Rainey stated there is no indication that cryptocurrency would replace these deposits and be reinvested in local communities. She also criticized the White House Council of Economic Advisers (CEA) report on "The Impact of a Stablecoin Yield Ban on Bank Lending" for downplaying banks' concerns about deposit outflows.
The Senate is scheduled to vote on the CLARITY Act on September 15; if it fails to secure at least 60 senators' support, the bill cannot proceed to further consideration and may be stalled for the foreseeable future. (Bitcoin.com News)
Odaily News: The sandwich attack bot operated by JaredfromSubway.eth has extracted a cumulative total of 117,007 ETH since March 2023, equivalent to approximately $295 million at current prices. In June 2026, an anonymous attacker deployed 66 counterfeit token contracts, exploiting the bot's automated trading logic to steal at least $7.5 million in ETH and stablecoins. The funds were then transferred to Tornado Cash, and the assets have not yet been recovered.
Sandwich attacks are a form of Maximal Extractable Value (MEV): bots monitor large transactions in Ethereum's public mempool, buy ahead of the target transaction, and sell after the price is pushed up, extracting profit from the spread. The bot's main contract had received a cumulative total of 117,007 ETH as of August 28.
MEV-Boost block construction is handled by a small number of centralized participants, with relay.ultrasound.money, Titan Relay, and bloXroute's regulated relays collectively forwarding approximately 85% to 88% of related blocks within a 24-hour window; Titan's builder independently assembled 50.3% of blocks. Monthly sandwich attack extractions have declined from approximately $10 million in late 2024 to approximately $2.5 million in October 2025. (Bitcoin.com News)
Lana Claims Ownership of the 10,000x Meme Coin Account fmpumpguy
Odaily News: Crypto KOL Lana announced on the X platform that she is claiming ownership of the 10,000x meme coin account fmpumpguy. According to a screenshot shared by the latter, fmpumpguy had previously invested approximately $113.36 into a meme coin position, which is now showing unrealized gains of approximately $1.006 million, representing a 7-day return of 888,295.14%.
Project News
Hyperliquid Founder: HIP-4 Will Enable Permissionless Deployment After Next Network Upgrade
Odaily News: Hyperliquid founder Jeff Yan stated in Discord that HIP-4 will enable permissionless deployment after the next network upgrade. Different market templates will be gradually rolled out through validator voting.
Odaily News: In Solana's first binding on-chain governance vote, the SGP-0002 proposal aimed at accelerating SOL's inflation decline passed with 67% support. The proposal, pushed by infrastructure provider Helius, plans to increase Solana's annual inflation reduction rate from 15% to 30%, accelerating the network's path to the 1.5% terminal inflation rate and reducing SOL's new issuance scale in the medium to long term. Ahead of the voting deadline, the proposal's support rate had briefly fallen short of the two-thirds quorum threshold. Helius CEO Mert Mumtaz contacted major validators and institutions in the final stages, and Kraken's validator node Kraken2 switched its vote from opposition to support near the deadline. Ultimately, the proposal received 67% support, 25% opposition, and 7.84% abstentions, with a staking participation rate of 60.7%, meeting the quorum requirement. Mert Mumtaz stated that after hundreds of communications, the proposal secured critical votes in the final stage and passed.
Deribit to Remove Public Proof of Reserves Page on September 1
Odaily News: Deribit will remove its public "Proof of Reserves" page on September 1, and users will no longer be able to verify the platform's customer assets and liabilities on a daily basis through this page.
It is understood that this adjustment comes after Deribit completed its integration with Coinbase, with approximately 90% of customer assets now under Coinbase custody. This change means Deribit will transition from daily public transparency verification to an asset verification model primarily based on third-party custody and regulatory audits. Deribit stated that regulatory audits will continue, but no new public proof of reserves dashboard has been announced as a replacement. (Coin Bureau)
Odaily News: Cosmos Labs has released an analysis report on the EVM module security incident. Between August 20 and August 25, attackers exploited a Cosmos EVM vulnerability to steal funds from multiple Cosmos chains. After MANTRA first alerted the team, the Cosmos security team coordinated approximately 40 chains to assess risks and deploy mitigation measures. A total of 6 networks were attacked, with approximately $2.87 million in assets sold on DEXs after bridging and approximately $2.85 million in assets sold on CEXs. The CEX accounts used by the attackers have been frozen, and related investigations are ongoing. An additional 13 potentially vulnerable networks completed patches, halted chains, or took other protective measures in time, with no further losses reported. The vulnerability had been reported as early as April 25 through the bug bounty program.
Mainnet Paused: Fogo Blocks Further Transfer of Stolen Funds
Odaily News: SVM Layer 1 network Fogo stated that after detecting unauthorized activity, it took preventive measures to temporarily halt the Fogo mainnet to prevent further transfers of affected assets. During the mainnet pause, Fogo will upgrade the network and restrict addresses related to the incident. The team stated that further updates will be released once more information is confirmed, and reminded users to obtain information only through Fogo's official channels. Currently, the cause of the incident, the scale of affected assets, and the mainnet recovery timeline have not been disclosed. Previously, the Fogo Foundation was compromised by an unknown attacker, and approximately 400 million FOGO tokens were transferred to the attacker's address. The foundation stated that it immediately notified relevant trading platforms and is in communication with law enforcement and forensic experts.
Odaily News: Cronos Network, affiliated with Crypto.com, has halted operations following an attack on the lending protocol Tectonic. On-chain researcher Weilin Li estimates that the attacker pushed the low-liquidity TONIC price up approximately 100x within about 20 minutes, then used it as collateral to borrow other assets, involving approximately $75 million. Approximately $6 million of the funds have been bridged to Ethereum, while most of the remaining assets could not be transferred out due to Cronos' chain halt. The method is similar to the oracle manipulation attack that Mango Markets experienced in 2022. Tectonic has not yet confirmed the specific amount or root cause.
Odaily News: Neutrl stated that the team discovered an issue with a position in its strategy, affecting the liquidity of part of the protocol's reserves, and has paused the relevant smart contracts. The protocol currently has approximately $27 million in liquid assets available, along with unrealized strategy positions and corresponding profits or losses, with the recovery timeline, amount, or recoverable value yet to be confirmed. In response to user demand for liquidity, Neutrl plans to open an early redemption mechanism for NUSD and sNUSD holders, treating all holders equally. The target timeline is early September, subject to the deployment of new redemption contracts, independent audits, and legal and financial review progress, and the schedule may change. The team advises holders not to trade N
