Dromos Labs, the team behind Aerodrome and Velodrome, believes the real battle in crypto is shifting to the exchange layer, not just stablecoins or tokenized assets. CEO Alex Cutler argues that decentralized exchanges (DEXs) are one of the two foundational pillars of the onchain economy, alongside blockchains themselves.
To capitalize on that thesis, the company is preparing to launch Aero, a unified DEX that merges Aerodrome and Velodrome into a single system. The rollout, planned for Q2 2026, will also mark Dromos Labs’ expansion to Ethereum mainnet, putting it in direct competition with dominant players like Uniswap and Curve.
Aerodrome already plays a major role on Coinbase’s Base network, at one point surpassing $1 billion in TVL and accounting for about a quarter of Base’s total locked value. Dromos Labs believes this level of dominance can be replicated on Ethereum.
Cutler says DeFi’s quieter media presence reflects market consolidation rather than decline, since trends like institutional FX and memecoins still rely on deep, efficient onchain liquidity. He contends that exchanges — more than blockchains — will become the primary capture points for value as more assets move onchain.
This positioning has put Dromos Labs at odds with Uniswap, particularly over Uniswap’s “UNIfication” proposal to share protocol revenue with UNI token holders. Cutler criticized the move, arguing it diverts value away from liquidity providers, who are critical to DEX performance.
With Aero, Dromos Labs aims to serve both retail users seeking cross-chain liquidity and institutions that require automated, verifiable, and compliance-ready DeFi infrastructure. The company sees institutional-grade onchain trading rails as essential as traditional capital markets continue migrating onto blockchain networks.
BTC Slides 5% as $319M Liquidated Amid Fed Rate Hold and Geopolitical Shifts
Bitcoin (BTCUSDT) experienced a 5.02% price decline over the past 24 hours, attributed to broader market pressures including uncertainty following the US Federal Reserve’s decision to keep interest rates unchanged, geopolitical concerns such as rare earth tariffs, and significant liquidations totaling approximately $319 million across the crypto market. Additional market factors include continued institutional interest, with legislative proposals in South Dakota and Japan's Metaplanet securing $137 million to acquire more Bitcoin, as well as ongoing holding by major firms like Tesla.
Currently, Bitcoin is trading at $84,676.10, with a 24-hour opening price of $89,152.99 and a trading volume ranging between $61.42 billion and $68.85 billion. The price fluctuated between a high of $89,471.41 and a low of $83,383.33, while market capitalization is estimated at around $1.68 trillion, reflecting continued volatility and rapid price changes in the broader cryptocurrency market.
BREAKING: We just witnessed a $9 TRILLION market cap swing and a massive reversal in just 6.5 hours.
Gold erased nearly $3 trillion as US markets opened, then added back almost $2 trillion by close.
Silver wiped out $750 billion, then staged a strong reversal, adding back $500 billion.
The S&P 500 erased $780 billion intraday, then recovered $530 billion by the close.
Nasdaq wiped out $760 billion, then added back $580 billion by close.
Combined US equities erased $1.15 trillion intraday and recovered $1.07 trillion by the close.
#GoldOnTheRise
MÚC THÊM $ETH CÁC BÁC
{future}(ETHUSDT)
Entry: 2,805 – 2,825
SL: 2,745
TP1: 2,886 (chốt 30–40% )
TP2: 2,903
ETH sau nhịp xả mạnh đang tạo nền ngắn hạn, RSI hồi lên từ vùng thấp và MACD đảo chiều hướng lên → lực bán suy yếu, kỳ vọng nhịp hồi kỹ thuật.
MegaETH co-founder Namik Muduroglu has outlined a performance-based token release model ahead of the network’s upcoming Layer 2 launch, emphasizing that more than half of the MEGA token supply will only enter circulation if the protocol hits key milestones.
Instead of using a traditional time-based vesting schedule, 53% of MEGA’s 10 billion total supply is allocated to KPI-based staking rewards. Tokens will be distributed to users who lock their MEGA and are released only as the project achieves specific performance targets. Muduroglu described this approach as ensuring that new supply enters the market as a function of success rather than time, directing tokens toward long-term, high-conviction holders.
The four main KPIs focus on:
Ecosystem growth, measured by MegaETH’s total value locked and USDM stablecoin supply
MegaETH decentralization, based on Vitalik Buterin’s Layer 2 “stage” framework
Network performance, including higher bandwidth and lower latency
Ethereum decentralization, with goals tied to private order flow, client diversity, and block-building concentration
MegaETH Foundation worked with analytics platform growthepie to help define the initial KPI set. If the protocol fails to meet these targets, the associated tokens remain locked and could later be subject to governance decisions.
The model is designed to address concerns around “low float, high FDV” token structures that often lead to heavy dilution when large vesting cliffs unlock.
Outside the KPI allocation, MEGA’s tokenomics include 15% for public sale and crowdfunding, 14.7% for venture investors, 9.5% for the team and advisors, and 7.5% for foundation funding. Some investors are subject to a one-year lock-up.
MegaETH, positioned as a high-performance, monolithic Ethereum scaling layer claiming up to 100,000 transactions per second, has attracted backing from prominent Ethereum figures and raised $20 million in a 2024 seed round.
PEPE Token Drops 4.62% Amid Market Volatility and Whale Accumulation Signals
PEPEUSDT experienced a 4.62% decline in the last 24 hours, with its price moving from a 24h open of 0.00000498 to a current value of 0.00000475, as reported by Binance. This price drop is attributed to ongoing volatility in the broader cryptocurrency market following statements from the U.S. Treasury Secretary regarding dollar policy, coupled with fluctuating sentiment in the memecoin sector and notable whale activity. Recent mixed signals—such as large holders accumulating PEPE tokens and technical analyses suggesting a possible bullish reversal—contrast with short-term price consolidation and reduced momentum. The token’s 24-hour trading volume varied across sources, with one report citing $320.65 million, and its market capitalization is approximately $1.95 billion. PEPEUSDT continues to be influenced by both speculative trading and rapid shifts in community interest.
$DOGE UPDATE ⚡
DOGE is trading at $0.12272, down 1.59% on the day.
24H High: $0.12775
24H Low: $0.12192
24H Volume: 699.80M DOGE | $87.68M USDT
On the 15m chart, DOGE faced rejection near $0.12632 and has been bleeding lower with consistent selling pressure. Price is now testing the $0.122–0.121 support zone, a key area to watch.
If buyers defend this level, a short-term bounce is possible. Failure to hold could trigger another sharp leg down. High volume, tight range—DOGE is setting up for a decisive move.
$BTC Is not extremely far off its weekly 200MA & EMA.
Throughout history, when price met these it has often been a great value area for long term buys.
Now, I am not sure when or where price will meet again, but the closer you can accumulate to these, the better value you're getting.
Keep in mind, these are moving up by a few hundred bucks a week, so over time price can meet the moving averages even if it hovers sideways.
Just something to keep a close eye on over the months. You never know.
Gold’s sharp rally is starting to look like a crowded trade, with the metal pushing past $5,500 per ounce and adding roughly $1.6 trillion in notional value in a single day — about the size of bitcoin’s entire market capitalization.
Although gold’s “market cap” is based on estimates of above-ground supply rather than a float-adjusted measure like equities, the figure still captures the market mood: amid currency debasement concerns, defensive capital is flowing first into traditional hedges.
Sentiment indicators show a stark split. Gold-focused gauges are flashing “extreme greed,” while comparable crypto sentiment measures have remained stuck in “fear” for much of the past month.
JM Bullion’s Gold Fear & Greed Index — a 0–100 gauge built from physical gold premiums, spot-price volatility, social media tone, retail buying and selling activity, and Google Trends data — currently signals elevated bullishness toward precious metals. The index is designed as a contrarian tool, not a price forecast.
Silver is adding momentum to the precious-metals narrative as well, posting strong weekly gains and sharp intraday swings that suggest positioning squeezes more than slow, steady accumulation.
By contrast, bitcoin continues to trade like a high-beta risk asset, dependent on supportive liquidity conditions and clear catalysts. BTC has recently hovered in the upper-$80,000 range, still well below its October peak, even as metals surge and “hard asset” narratives dominate headlines.
This divergence creates tension with the macro thesis many crypto investors have championed — that bitcoin should behave like “digital gold” when confidence in fiat currencies and fiscal policy weakens.
Still, the gap does not necessarily invalidate the thesis. Over longer time horizons, bitcoin has outperformed many traditional assets and can move quickly when capital flows return.