GMX V1 Exploited for $42M, PumpFun Upcoming Airdrop, Gearbox Offers High LP APYs, Deposit into Boosted Yield Program for ~15% APY + Airdrop Points With Stablecoins
Launches π
Tanssi has officially launched its mainnet, introducing a plug-and-play orchestration layer for custom appchains. With over 18K appchains registered across 3 testnets and 57M transactions, developers can now deploy fully integrated appchains in minutesβsecured by Ethereum via Symbiotic and offering pre-built infra, 12s finality, and runtime-level compliance. Early adopters include Wirex, Flow, BLOCKBR, Lumia, and Decentral.
Lend Alpha, a tokenized real estate operations protocol has launched on testnet, offering 8β15% APR from tokenized real estate operations. Early users can try the app and earn Lend Points.
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DeFi Saverβs new mobile UI lets you seamlessly track and manage your positions on the go. Set custom alerts for Morpho and Fluid, and get notified the moment your collateral ratio hits a threshold or when automated actions like Boost & Repay are triggered.
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Updates π°
Bluefin rolled out a major UI update focused on liquidity providers. Users can now view, manage, and close LP positions more efficiently, with new reward breakdowns, improved mobile access, and enhanced chart visuals for a smoother experience.
Astrol has launched a new tUSD lending pool, starting with a deposit-only phase to build liquidity before borrowing goes live. Full functionality will follow as community participation grows.
MetaMask Mobile now supports Solana, expanding access to Solana dApps and wallets directly within the app.
Vertex Edge will shut down in 4 phases across all EVM chains, with trading halted and user withdrawals guided through the process.
Hyperlane has expanded to MegaETHβs testnet, enabling developers to build interchain apps and bridges across 150+ chains including EVMs, Solana, and Hyperliquid.
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Issues β οΈ
GMX v1 was exploited for over $42M after an attacker manipulated its AUM calculation via a reentrancy-enabled shorting strategy. The exploit exploited a flaw in
globalShortAveragePrices, allowing GLP pricing manipulation. Over $9.6M has since been bridged to Ethereum. Security firms warn that all GMX v1 forks may be vulnerable and recommend disabling leverage and GLP minting immediately.
Upcoming β³
Pump.fun will launch its native token $PUMP via an Initial Coin Offering on July 12, offering 33% of its 1 trillion supply, including a 15% public sale. The project aims to rival major social platforms by combining trading, creation, and monetization on Solana. Airdrop details are pending. Tokens will be distributed post-sale and will initially be non-transferable.
Minna Bank, a digital bank under Fukuoka Financial Group, is collaborating with Fireblocks and TIS to explore stablecoin applications on Solana. The initiative focuses on payment solutions, tokenized real-world assets, and blockchain-based settlement infrastructure.
loopedHYPE will support kHYPE deposits, giving existing LHYPE holders exposure to both kHYPE and its looped variant. Any potential Kinetiq airdrop will be included in future LoopDrops.
Todayβs Exclusive Content:
Deposit into Boosted Yield Program for ~15% APY + Airdrop Points With Stablecoins
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Airdrops πͺ
Jumper has introduced the Mindshare Mission, a community rewards program recognizing users who create content or promote Jumper. Participants can earn rewards by climbing the leaderboard based on their contributions.
Spark has launched its Ignition airdrop for eligible Ethena users. Those holding over $5K in USDe or SUSDe on March 15, 2025, can now claim their SPK tokens. Claiming requires staking to enter the Overdrive phase.
Farms π§π»βπΎ
Shadow Exchange has launched a 3M $S incentive program by frontloading 50% of its estimated Season 2 Gems rewards. With GEM tokenization removed in S2, the team is accelerating growth by deploying ALM and liquidity incentives now for early community benefit.
Spectra has launched a new USDX pool on Arbitrum with $600k in liquidity and boosted multipliers for LP and YT holders. Old LPs can redeem and migrate to the new Dec 30, 2025 pool via the Portfolio page.
Liquity and DeFi Saver launched a campaign offering 10,000 $BOLD to users who open or migrate loans to Liquity V2 by August 9. Troves must stay open for 30 days, with rewards distributed pro-rata by debt in late September.
Gearbox offers passive and leveraged yield strategies across ETH, BTC, and stables. Users can earn 5.5% on ETH, 4% on BTC, and 30%+ on stable LPs via Convex. Over 40 strategies are live across five chains, with no lockups or IL for lenders.
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