News
Phoenix Trade Launches Flight Club With $420,000 USDC in Rewards After Crossing $1 Billion in Unincentivized Perpetuals Volume
Phoenix Trade's Flight Club pays out $420,000 USDC over 28 days, the first incentive program from Ellipsis Labs' Solana perps exchange after $1B in volume.
Solana 🧭 Compass
Coinbase Asset Management and Superstate Launch $25M CUSHY Stablecoin Credit
CUSHY stablecoin credit fund from Coinbase Asset Management has a $25M
FOMO Social Trading App Hits $1.57M Weekly Revenue All-Time High on Solana
FOMO's weekly protocol revenue hit $1.57M for the week ending July 27 per DeFiLlama, breaking the prior $1.39M all-time high for the second time in eleven days.
Solana Agave v4.2 to Halve Slot Times, Cut Rent 90%, and Triple Transaction Size
Anza's Agave v4.2 activates starting August 17, halving slot times to 200ms, cutting rent 90%, and raising the max transaction size from 1,232 to 4,096 bytes.
21Shares Waives TSOL Sponsor Fee to Zero for 12 Months, Making It the Cheapest Spot Solana ETF
21Shares cuts the TSOL Solana ETF sponsor fee to 0.00% for 12 months starting July 28, 2026, undercutting Grayscale GSOL, Fidelity FSOL, and VanEck VSOL.
'Jupiter Exchange Reorganizes Into Three Product Pillars: Trade, Earn, and
'Jupiter Exchange reorganizes its expanding product suite into three
Wavebridge and Jito Foundation Sign MOU to Bring JitoSOL Institutional Products to South Korea
KoFIU-registered prime broker Wavebridge signed an MOU with Jito Foundation on July 27 to develop JitoSOL institutional products for Korea's regulated market.
Pyth Network Delivers First Day-One Shanghai IPO Price Feed for CXMT, Asia's Biggest 2026 Listing
Pyth Network was first to deliver a mainland Chinese IPO price feed on day one as CXMT listed on the Shanghai STAR Market, raised $8.6B, and surged 530%.
Kamino Finance Launches PAXG Market, Enabling Gold-Backed Lending on Solana
Kamino Finance opened its PAXG Market on July 27, letting users supply Paxos-issued PAX Gold as collateral and borrow USDG, curated by Steakhouse Financial.
Coinbase Opens 'Launches' Tab for Instant DEX Trading of New Base and Solana Tokens
Coinbase's Launches tab lets users trade freshly minted tokens on Base and Solana via built-in DEX moments after launch, with Jupiter routing Solana trades.
Overclock Validator's narya-ed25519 Cuts Solana Signature-Verify Tile Count
Overclock Validator's narya-ed25519 uses AVX-512 IFMA to verify Ed25519 sigs 5.8x faster than Go stdlib, cutting Solana verify tiles from 72 to ~8 at 1M TPS.
Merged CLARITY Act Draft Released as Galaxy Research Cuts Passage Odds to 30% Ahead of August 7 Deadline
Senate released a merged 616-page CLARITY Act draft July 26 with a first-ever ethics provision. Galaxy Research gives it 30% odds before the August 7 deadline.
Exponent Finance Launches srONyc Yield Trading as Kamino's OnRe Market Passes $200M
Exponent Finance adds PT-srONyc and YT-srONyc yield trading for OnRe's reinsurance tranche as Kamino's OnRe Market hits $200M and Exponent TVL crosses $120M.
Senate Democrats' Specific Problem With the CLARITY Act: Trump's $1.4B in Crypto
Senate Democrats say Trump's $1.4B in crypto makes the CLARITY Act ethics provision unworkable. Schwab calls it a 'fundamental catalyst.' Passage odds: 33.5%.
OpenYield Joins Pyth Network, Adding Firm US Treasury Bond Pricing to Institutional DeFi
OpenYield, an SEC-registered bond ATS, joins Pyth Network as a data publisher, bringing firm, executable US Treasury pricing to Pyth Pro from a live orderbook.
MetaDAO's Rip Cars ICO Closes 127x Oversubscribed With $31.9M in Commitments
Rip Cars CARS token launched on Solana July 25 after MetaDAO's futarchy ICO closed 127x oversubscribed, drawing $31.9M in commitments against a $250,000 cap.
Helium Network Offloads 274TB of Mobile Data Monthly at 2,485 Restaurant Locations Across 34 Chains
Helium's Solana-based DePIN network offloads 274,000GB of mobile data each month across 2,485 locations at 34 US restaurant chains, per official network data.
Bybit Integrates xStocks Into Dual Asset, Becoming First CEX to Offer Tokenized Equity Yield
Bybit becomes first centralized exchange to use xStocks Solana-native tokenized equities as underlying assets in its Dual Asset structured yield product.
Coinbase Now Accepts jitoSOL as USDC Loan Collateral, Up to $100,000
Coinbase added jitoSOL as collateral for USDC loans up to $100,000, powered by Morpho on Base. Borrowers keep earning Jito staking rewards throughout the loan.
Backpack Wallet Launches Explore Feature, Unifying Trending Crypto, US Stocks, and dApps in One Screen
Backpack's new Explore tab brings together trending crypto, tokenized US equities from its regulated brokerage, and dApps in a single unified discovery feed.
Meteora's Referral Staking Program Draws 65 Million MET in Its First Four Days
Meteora launched Referral Staking on July 20, 2026, drawing 65 million MET tokens in its first four days as LPs earn real DLMM protocol fees paid in USDC.
CLARITY Act Misses Its Pre-Recess Window as Thune Reverses Course, Passage Odds Fall to 30%
Senate Majority Leader Thune said July 23 a CLARITY Act vote before August recess is unlikely, reversing Bessent's optimism. Galaxy Digital cuts odds to 30%.
Morgan Stanley MSOL and MSSE ETF Registrations Go Auto-Effective on NYSE Arca
Morgan Stanley's MSOL Solana ETF and MSSE Ethereum ETF went auto-effective on NYSE Arca July 24. A CERT filing is the only remaining step before trading begins.
Phantom Wallet Ends Monad Network Support on August 26
Phantom wallet ends Monad network support on August 26, 2026. Users can migrate to MetaMask or Rabby, or swap MON to Wrapped MON on Solana before the deadline.
Flint Trade Launches On-Chain Prop AMM for Solana Spot Market Makers
Flint Trade's on-chain prop AMM lets market makers provide Solana spot liquidity without rebuilding their stack. OKX DEX and Titan integrations are live.
