MEXC On-chain Daily Report: Base Network Resumes Operation After 2-Hour Outage
Updated: June 26, 2026, 09:30 (UTC+8) | Author: MEXC
Headlines
Base network resumed operations after a two-hour outage.
Aave proposed the Aavenomics 3.0 buyback mechanism.
Kalshi is reportedly negotiating a new funding round at a $40 billion valuation.
Tether's USDT0 cross-chain protocol surpassed $100 billion in cumulative transfer volume.
a16z reported prediction market weekly trading volume reached a record $14.4 billion.
Industry Updates
Aave CEO: No Discounted AAVE Sale, Aavenomics 3.0 Buyback Mechanism Under Development
According to Odaily, Aave CEO Stani Kulechov dismissed recent community speculation, stating that Aave will never sell AAVE tokens at a 70% discount. He reaffirmed that 100% of protocol revenue, including income generated by the GHO stablecoin, belongs to AAVE holders. The team revealed that Aave's annualized revenue has reached $134 million, all allocated to the Aave DAO. Meanwhile, Aavenomics 3.0 is being designed to introduce an automated, non-discretionary AAVE buyback mechanism while further expanding into broader financial markets such as RWA.
Invesco Plans to Launch a Tokenized Stablecoin Reserve Fund
According to Odaily, global asset manager Invesco is preparing to launch the "Invesco Stablecoin Reserves Onchain Fund," providing compliant reserve management services for stablecoin issuers. The fund will invest in U.S. Treasuries, repurchase agreements, and cash equivalents, while Superstate will maintain on-chain fund share registration. The structure is designed to satisfy reserve requirements under the GENIUS Act while generating yield. The initiative reflects the accelerating institutionalization and tokenization of stablecoin reserve assets.
SpaceX Credit Default Swaps Begin Trading After Bond Offering
According to Bloomberg, cited by Odaily, SpaceX's credit default swaps (CDS) have officially begun trading after the company completed approximately $25 billion in bond financing. Several major Wall Street firms have already started providing market-making services. The launch of CDS trading allows investors to hedge or trade SpaceX credit risk and marks a significant step toward a more mature and liquid institutional credit market.
Story Rebrands as DATA Foundation to Focus on AI Training Data Infrastructure
According to The Block, cited by Odaily, Story Protocol has rebranded as DATA Foundation, shifting its focus from intellectual property infrastructure to AI training data networks. The organization introduced Trace, an on-chain data registration system capable of recording training data sources, licensing terms, user consent, and payment records. The platform aims to provide verifiable and traceable datasets for AI model training while supporting regulatory compliance.
Orthogonal Raises $4.3 Million Seed Round Led by Pantera Capital
According to PRNewswire, cited by Odaily, AI agent infrastructure startup Orthogonal has completed a $4.3 million seed financing round led by Pantera Capital. The platform focuses on AI agent discovery, task orchestration, and on-chain payment infrastructure, enabling cross-tool interaction and instant blockchain-based payments. The funding will support product development, team expansion, and ecosystem growth.
Sail Research Raises $80 Million to Advance AI Agent Infrastructure
According to PRNewswire, cited by Odaily, AI infrastructure company Sail Research raised $80 million across Seed and Series A funding rounds, co-led by Kleiner Perkins and Sequoia Capital. The company develops infrastructure that improves compute efficiency and reduces costs for long-running, multi-step AI agent tasks. Its API is compatible with OpenAI while supporting open-source models including DeepSeek and Gemma.
Spark and Uniswap Launch FX Layer with $150 Million in Liquidity
According to The Block, cited by Odaily, Spark and Uniswap jointly introduced FX Layer, an institutional-grade stablecoin exchange infrastructure built on Uniswap v4. Spark will initially migrate approximately $150 million in liquidity to establish trading pools for USDS, USDT, and PYUSD. The platform aims to provide banks, payment providers, and stablecoin issuers with efficient, low-slippage stablecoin conversion and improved interoperability.
Neurometric AI Raises $4 Million and Launches Token Engineering Platform
According to PRNewswire, cited by Odaily, AI infrastructure company Neurometric AI has raised $4 million while simultaneously launching an automated Token Engineering platform. The platform optimizes token consumption, compute scheduling, and performance management for AI agents, addressing resource efficiency challenges associated with large-scale AI deployment. The proceeds will primarily fund research, development, and team expansion.
MEXC Market Heatmap
Top 24H Gainers
Top 24H Trading Volume
BTC/USDT ($840.874M)
ETH/USDT ($419.588M)
SOL/USDT ($99.014M)
Trending Meme Tokens
On-Chain Calendar
High-Risk Token Unlocks
MemeCore/USDT — July 3: 167.21M tokens (4.28% of circulating supply). Elevated short-term sell pressure.
Pump/USDT — July 12: 140.11M tokens (25.6% of circulating supply). Extremely high short-term sell pressure.
Key Macro Events
June 26, 03:00 — Mexico Interest Rate Decision (Signals Latin American monetary policy and may influence emerging-market risk assets.)
June 26, 06:30 — Fed President Austan Goolsbee Speech (May provide clues on U.S. monetary policy and the U.S. dollar outlook.)
June 26, 16:30 — Bundesbank President Joachim Nagel Speech (Potential impact on Eurozone policy expectations and EUR/USD.)
June 26, 22:30 — New York Fed President John Williams Speech (May influence Federal Reserve rate expectations.)
June 26, 23:30 — Minneapolis Fed President Neel Kashkari Speech (Could affect global risk sentiment through monetary policy guidance.)
Security Alert
Recent reports indicate a rise in fake browser wallet pop-up attacks. Attackers embed counterfeit wallet authorization windows into malicious websites, browser extensions, or compromised web pages. These fake prompts closely imitate legitimate wallet interfaces and often disguise themselves as network switching requests, gas optimization prompts, or security verification messages. Once users approve the request, attackers may gain permission to transfer digital assets.
To reduce risk, always verify the website domain, contract address, and authorization details displayed in wallet pop-ups before signing any transaction. Avoid interacting with unknown connection requests, minimize sensitive operations across multiple browser tabs, and regularly review and revoke unnecessary wallet approvals. Staying vigilant can significantly reduce the risk of malicious signature attacks and help protect your digital assets.
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Risk Warning: The content of this article is for reference only and does not constitute any investment advice. The cryptocurrency market is volatile, please make a cautious decision based on your own situation.
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