- 20 Apr 202617:04Project update

Pharos Unveils PROS Tokenomics Ahead of TGE on April 28th
PROS will serve as the currency for transaction fees, staking, governance, ecosystem incentives, and potential RWA-specific utilities.
🔤 PROS Tokenomics Details– Total Supply: 1,000,000,000 PROS
– Allocation: Community 6%, Investors 20%, Team 20%, Foundation Treasury 16%, Nodes & Liquidity 14%, Labs Treasury 9%
– Vesting: A 12-month cliff followed by a 36-month linear vesting structure applies to core team and private investor allocations. Treasury and incentives unlock over 48 to 60 months.
Additionally, Pharos Network has announced a public sale for PROS, hosted on Sonar by Echo.
ℹ️ Public Sale Details
– Registration: Now Live
– Sale Period: April 22-25, 12:00 UTC
– Target Raise: ~$1M
– Base Price: $1.00 per PROS
👉 x.com/pharos_network/status/2046218895795826809?s=20Source - 20 Apr 202616:31Analytics

Treasuries & ETFs Board. Crypto Accumulation & Capital Flows
Institutional demand is surging: U.S. spot Bitcoin ETFs recorded $996.5M in weekly inflows ($1.8B over three weeks), while Ethereum ETFs added $275.8M, both marking their strongest levels since mid-January.
Amid this momentum, Strategy acquired 34,164 BTC ($2.54B), reaching a 9.5% YTD yield and increasing total holdings to 815,061 BTC ($61.5B). Also, Bitmine bought 101,627 ETH ($234.7M) and now holds 4,976,485 ETH ($11.49B).
Source - 20 Apr 202613:50Project update

Aave Hits 100% Utilization, ~$5B in Stablecoins Locked
Aave’s core markets have reached 100% utilization, leaving roughly $5B in USDT and USDC locked, following the rsETH exploit that triggered a sharp liquidity outflow.
1️⃣ What’s happening now:– Withdrawals are effectively blocked, all liquidity is borrowed
– Any new liquidity gets instantly absorbed by bots
– Users can see funds, but can’t exit positions
2️⃣ What caused the lock:Large holders moved first, withdrawing $5B–$6B+ within hours and draining pools.
As a result:
– ETH, USDT, USDC markets are fully utilized
– Late users are left without accessible liquidity
– Aave is now dealing with ~$200M in bad debt
3️⃣ User Response:With no withdrawals available, users are forced into workarounds:
– Borrowing against their own deposits
– Using GHO, DAI, USDe to exit
– Accepting 10–25% losses
– Driving $300M+ in forced borrowing
Meanwhile, bots continue to front-run every small liquidity window.
Source - 20 Apr 202612:03Analytics

KelpDAO Exploit Aftermath: Biggest TVL Drops
The impact of the KelpDAO exploit has spread beyond one protocol, with multiple DeFi platforms recording notable 7-day TVL declines. The data shows both where the largest capital losses occurred and where relative damage was most severe.
- 20 Apr 202607:29Analytics
Perpetual 30-Day Trading Volume Distribution Across Major DEXsHyperliquid remains the clear leader, but April’s data shows the perp DEX market becoming more competitive as edgeX, Lighter, and GRVT continue to gain ground. At the same time, overall perp trading activity has been cooling since peaking in October 2025.
- 20 Apr 202607:29Project update
Polymarket reportedly seeks $400M raise at a $15B valuationThe fundraising round comes after NYSE parent ICE invested $600M in March, potentially bringing the latest round funding size to $1B.
Polymarket and Kalshi have been attracting increased investor interest in the past months. In March, Kalshi raised over $1B at a $22B valuation, roughly doubling its value since November.
Source - 20 Apr 202607:28Project update
Vercel Discloses Breach Tied to Third-Party AI ToolVercel has suffered unauthorized access to internal systems, tracing the attack to a compromise of Context ai, an AI tool used by one of its employees. The attacker used that access to take over the employee’s Google Workspace and reach internal environments, while Vercel says sensitive environment variables were not exposed.
The announcement came after a threat actor claiming to be linked to ShinyHunters posted that they were selling alleged Vercel database keys, source code, internal deployment access, and API tokens for $2 million.
Source - 17 Apr 202613:46Project update

Slash Raises $100M Series C at $1.4B Valuation
Slash has raised $100M in a Series C round led by Ribbit Capital and co-led by Khosla Ventures and Goodwater Capital, valuing the company at $1.4B.
The fintech platform is building a business banking stack focused on speed and automation, now serving 5K+ companies and reaching $250M ARR with a team of just 60 employees.
Slash also introduced Twin, an AI private banker designed to automate financial workflows, including payments, expense tracking, and accounting operations.
Source - 17 Apr 202611:27Project update

Superstate Launches FundOS for Onchain Asset Management
Superstate has introduced FundOS, a platform that enables asset managers to bring traditional funds onchain without rebuilding existing structures.
The system allows managers to choose blockchains, DeFi integrations, and stablecoin flows, while FundOS handles infrastructure and connections to custodians and administrators via APIs.
FundOS already powers USTB and USCC ($1B+ AUM) and is being adopted by institutions like Invesco, positioning it as a ready-made stack for tokenized fund distribution.
Inside FundOS:- Real-time shareholder tracking
- 24/7 subscriptions and redemptions
- Compliant on-chain transfers
- DeFi integrations and collateral use
- Transferable fund shares
Source - 17 Apr 202609:30Project update

Tempo introduces Zones for private blockchain execution
Tempo has unveiled Zones, a new feature that lets companies run private, permissioned blockchains alongside its main network, designed for use cases like payroll, treasury, and settlements.
Zones operate as isolated execution environments connected to Tempo Mainnet, keeping transactions private while still allowing assets to move across the broader ecosystem, including liquidity pools and onramps.
Each Zone is managed by a trusted operator, such as a financial institution, which controls execution and access, while assets remain secured on the mainnet and withdrawable only by their owners.
Lately, big-name institutions like Visa, Stripe, and Standard Chartered have stepped in to take on validator roles within Tempo.
Source