Perp DEX volume falls 23% in Q2 to $1.83T
The second consecutive quarterly decline leaves volume at half the Q4 2025 peak, with Hyperliquid still anchoring the sector at $620B despite the slowdown.
Ethereum is a decentralized, open-source blockchain platform designed to support smart contracts and decentralized applications without the control of any central authority. Often described as a programmable global computer, it allows developers to build a wide range of on-chain services, from financial protocols and NFT marketplaces to gaming platforms, using self-executing programs written primarily in Solidity. These smart contracts run on the Ethereum Virtual Machine, which is maintained by a global network of independent nodes. The native asset, Ether (ETH), functions as the network's currency. It is used to pay transaction fees, commonly referred to as gas, and must be staked by validators who propose and confirm blocks. In September 2022, Ethereum transitioned from Proof of Work to Proof of Stake through an event known as the Merge, reducing its energy consumption by more than 99 percent. An earlier upgrade, EIP-1559, introduced a fee-burning mechanism that can offset issuance during periods of high activity. Ethereum was proposed in 2013 by Vitalik Buterin, alongside several co-founders, and launched in July 2015. It belongs to the Smart Contract Platform and Layer 1 categories, and remains the largest ecosystem for decentralized application development.
The second consecutive quarterly decline leaves volume at half the Q4 2025 peak, with Hyperliquid still anchoring the sector at $620B despite the slowdown.
A single job posting at Vanguard is a strategic signal: the $8T-plus retail platform hasn't offered crypto on its platform, and a dedicated headcount is the first operational step toward adviser-led…
The $350M altcoin liquidation tally and the wipeout of Solana's July rally tell the more painful side of the story, while DXY's inflation-hedge bid is the macro tell every crypto desk is reading.
The supply contraction on the most-used stablecoin network is a real liquidity signal, but the offsetting Binance balance build suggests the USDT float is rotating venues, not leaving the market.
A treasury firm crossing 4% of ETH supply through staking changes who the marginal buyer of new issuance is: a listed-equity proxy, not a fund or a DAO.
India's central bank wants a near-total block on crypto, framing the stance as prohibition rather than regulation.
A second wave of US strikes on Iranian IRGC assets in the Strait of Hormuz hit a market already de-risking, with spot BTC selling off first and ETH caught in the rotation.
Bitmine's holdings now sit at 5.74M ETH, close to its stated 5% target, and 85% of those tokens are staking, locking real supply off the market rather than just sitting on a balance sheet.
Geopolitical escalation is doing what rate-cut optimism could not: pulling capital out of risk and back into USD, with the Fear & Greed Index now deep in extreme fear territory.
The burn itself is routine treasury plumbing, but Binance's Tron USDT balance slipping under $1B for the first time since late 2025 is the move traders are watching.
Three- and four-day streaks across spot BTC and ETH products show the institutional bid resetting quietly rather than chasing a single headline day.
A fresh US-Iran escalation is doing exactly what the February oil shock did: pushing energy prices higher, dragging rate-cut expectations lower, and forcing a rotation out of risk assets including…
The buy follows BitMine's pivot to an ETH-focused treasury strategy, with Lee's fund joining a growing list of public-company vehicles accumulating Ether at scale.
The dollar volumes migrated to Base, XRPL is racing to host a second issuer beyond RLUSD, and the chain that routes the dollar is the chain that wins the next cycle.
Tom Lee's ETHBTC thesis meets a confluent daily and weekly resistance at the 20-week moving average, with the Clarity Act's August 7 deadline and a 2022-style altcoin market cap bottom both in play.
63K $ETH (≈111.6M) moved from unknown wallet to unknown wallet.
A nine-figure ETH transfer to a US venue is the kind of flow that reads as positioning rather than arbitrage, and CoinShares' ETP book gives the deposit a plausible desk read.
The dismissal closes the highest-profile attempt by the prior SEC to drag MetaMask and Ethereum wallet software into securities enforcement, and hands ConsenSys its first clean win over the agency.
BTC slipped from a two-week high near $64,500 with futures OI falling to 740K from 776K and ETF demand still soft, the same derivatives tape that took out $500M in shorts in 24 hours.
A 15-year lease with the former Ethereum miner turns the West Texas site into a hybrid crypto + AI campus, with CoreWeave's full 526 MW commitment targeting over $1B in average annual revenue.
Ethereum is a global, open-source platform for decentralized applications.
Ethereum (ETH) launched on 2015-07-30.
Ethereum (ETH) is categorised as: Smart Contract Platform, Layer 1 (L1), Ethereum Ecosystem.
The official Ethereum site is https://www.ethereum.org/.
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