DeFi on $TON: Stablecoins

The Ethena Korea event takes place on September 24, 2025, in Seoul, starting with a live AMA and Q&A session from 3:10 PM to 4:00 PM KST, hosted by web3 influencer Edward Park (@Edward__Park) alongside Ethena co-founder Guy Young (@gdog97_). The discussion will cover recent milestones like USDe's Binance listing and the impending fee switch, with community questions shaping the flow.Following the AMA, attendees join DeFi deep dives with Morpho Labs and Pendle Finance, exploring yield strategies and integrations. The event wraps with a DJ afterparty, blending education and networking for 100-plus participants. The purpose is to engage Korea's vibrant crypto scene, addressing local queries on adoption, staking, and ecosystem expansions. Significance highlights Ethena's push for inclusive growth, as Korea drives 20% of global stablecoin flows. For the project, it fosters partnerships; for the community, it demystifies high-yield tools amid regulatory progress. Expected impacts include boosted USDe usage in Asia, clearer paths to airdrops, and heightened ENA trading, potentially lifting sentiment in a competitive stablecoin market.Recent NewsEthena Labs has accelerated in the past three months, cementing USDe as DeFi's third-largest stablecoin. On September 9, 2025, Binance listed USDe for spot trading against USDC and USDT, enabling yield-bearing collateral on Binance Earn and unlocking broader liquidity. This followed a surge to $12 billion supply by late August, driven by leveraged yields on platforms like Pendle and Aave.In early September, Ethena withdrew its bid for Hyperliquid's USDH issuance after community feedback emphasized native focus, showcasing responsive governance. Strategic investments included a multi-million dollar stake in Based on September 8, integrating USDe and USDtb into Hyperliquid's debit cards for real-world spending. Buybacks intensified, with 7.3% of ENA supply acquired in six weeks, supported by $250 million cumulative revenue and a $41 million reserve. Arthur Hayes, a key backer, highlighted the fee switch's potential for $500 million in ENA repurchases. ENA traded around $0.80 with a $1.2 billion market cap, up 20% weekly on listing hype, amid a stablecoin sector adding $17 billion TVL.Future PlansEthena's 2025 roadmap targets $25 billion USDe supply, evolving into the Ethena Network for on-chain finance. Q4 focuses on the fee switch activation, allocating protocol revenue to perpetual ENA buybacks once milestones like full exchange integrations (OKX by late 2025) are met. iUSDe launches in February, a restricted sUSDe variant for TradFi, partnering with institutions for 20% APY savings products.Telegram integration rolls out via TON for sUSDe payments and Apple Pay, tapping 900 million users. Converge network testnet follows in weeks, with mainnet later in 2025 for tokenized RWAs and gigagas throughput. New apps like Ethereal (perp exchange) and Derive (lending) build on this, aiming to rival Tether through cross-chain expansions and undercollateralized loans. Long-term, Ethena eyes $20 billion TradFi inflows, blending DeFi yields with compliant assets for global scale.Onchain DataEthena's protocol shines with $3.5 billion TVL as of mid-September 2025, per DeFiLlama, spanning Ethereum and integrations like HyperEVM. USDe supply hit $12 billion, with sUSDe staking at 70% of that, yielding 15-20% APY from basis trades and staking returns. Daily transactions average 50,000, focused on mints, redemptions, and Pendle swaps, with $257 million 24-hour volume across 129 markets.Dune dashboards show 1 million active addresses monthly, up 30% QoQ, while Etherscan logs 10,000 daily transfers for the ENA contract. Fees total $2 million quarterly, funding reserves; Glassnode notes 15 billion total supply, 3.1 billion circulating, with 40% staked for governance. USDtb adds $500 million TVL, underscoring diversified growth in a $150 billion stablecoin space.Community SentimentX buzz around the Ethena Korea AMA builds strong excitement, with Korean users praising the event's accessibility and star power. Edward Park's post on his enthusiasm drew 100 likes, calling Ethena "impressive" for delivering on promises like $13 billion TVL and fee switch progress. Threads highlight the AMA's live stream and gifts, one noting "so many questions, time feels too short," gaining 50 engagements.Global voices tie it to Binance listing wins, with "fee switch unlocks $500M buybacks" echoing Hayes' optimism. Some discuss Hyperliquid withdrawal as "smart listening to community," fostering trust. Pre-event RSVPs spike, with 200-plus interactions on announcements framing it as "Ethena's Asia push." Sentiment leans bullish, blending hype for yields with collaborative vibes on expansions.AMAs like this may influence ENA volatility from shared updates, so monitor closely. DYOR.

Ethena is scheduled to unlock 40.63 million tokens, representing approximately 0.62% of its released supply, on October 2, 2025, at 7 AM UTC. The unlock event is a part of Ethena's tokenomics schedule, reflecting the gradual release of tokens into circulation. This event is hosted by the Ethena project, which manages the release and monitoring of its token supply. Recent News Recent news indicates no major new developments or partnerships specifically tied to this unlock event, but Ethena continues to maintain steady progress on its roadmap and ecosystem development, focusing on growing its platform and token utility. Future Plans Looking forward, Ethena is expected to continue its token release schedule while advancing its platform features, aiming to increase adoption and staking participation among its community. Onchain Data Tokens unlocked: 40,630,000 tokens, which is approximately 0.62% of the released supply (calculation based on data provided by Tokenomist). Community Sentiment Community sentiment around this token unlock is generally neutral to positive, with no significant concerns or panic expressed. The community views the unlock as a normal part of Ethena’s tokenomics schedule. Risk Disclaimer This token unlock could influence Ethena’s token price due to the increased circulating supply; investors should consider this event when making trading decisions. Sources used https://tokenomist.ai/ethena https://coinmarketcal.com/en/event/40-63mm-token-unlock-291837

TON blockchain team is hosting a live Community AMA (Ask Me Anything) session on X Spaces (formerly Twitter Spaces) on October 7, 2025, starting at 12:00 UTC. This is an interactive Q&A format where the TON team will engage with the community to discuss project updates, answer questions, and share insights. Recent News Over the past few months, TON has been actively developing its ecosystem, including progress on its decentralized blockchain infrastructure and partnerships with various dApps. The community AMA sessions have become a regular channel for transparent communication and updates from the TON Foundation. Future Plans TON aims to expand ecosystem adoption by launching new features, improving blockchain scalability, and enhancing developer tools. Upcoming roadmap goals include further integration with DeFi and NFT protocols to strengthen community engagement. Onchain Data No verifiable onchain metrics available. Community Sentiment Generally positive sentiment around the AMA event, with community members eager to interact directly with the TON team. Quotes from community reactions include: "Great initiative to keep transparency alive," "Looking forward to the live answers!" and "AMA sessions really help build trust." Risk Disclaimer This AMA event may influence community sentiment and token perception but does not directly affect tokenomics or supply. Sources used https://x.com/ton_blockchain/status/1975203194885341582

Ethena Labs has partnered with UR Global to integrate its synthetic dollar stablecoin USDe into UR's newly launched neobank app, which will operate in 45+ countries. The partnership aims to enable seamless stablecoin savings and payments with up to 5% APY on USDe holdings and zero off-ramp fees for USDe-to-fiat conversion. The event is scheduled for October 7, 2025, and participation is facilitated via UR's digital banking platform. Recent News In the last three months, Ethena Labs has been active in expanding USDe's adoption, including embedding USDe across Binance's platform with over 280 million users and $190 billion in assets. Additionally, Ethena has partnered with Anchorage Digital to launch the first federally regulated stablecoin compliant with GENIUS standards. Ethena's collaboration with SUI Group and the launch of suiUSDe and USDi stablecoins on the Sui blockchain also mark significant milestones. Future Plans Ethena aims to further scale its synthetic dollar protocol by integrating USDe into multiple financial platforms globally. Ongoing roadmap goals include expanding DeFi capabilities, increasing stablecoin utility across geographies, and strengthening regulatory compliance through partnerships with established entities. Onchain Data No verifiable onchain metrics available. Community Sentiment Positive — The crypto community has reacted favorably to Ethena's partnership with UR Global. Users on X/Twitter praise the expansion of stablecoin access and the attractiveness of 5% APY offers. Example sentiments include: "Great to see stablecoins integrated into everyday finance.", "USDe's zero off-ramp fees are a game changer.", and "Excited for Ethena's cross-border payments potential." Risk Disclaimer This partnership and USDe integration may affect token valuation due to increased adoption and liquidity dynamics. Investors should conduct due diligence. Sources used https://x.com/ethena_labs/status/1975482653882327104 https://finance.yahoo.com/news/ethena-partners-ur-global-expand-101305201.html https://crypto.news/ethenas-usde-stablecoin-integrated-into-urs-multi-currency-neobank-at-launch/

DAS London is a premier institutional crypto conference returning to London on October 15, 2025. Hosted by leading figures in the digital asset industry, the event gathers top investors, innovators, and institutions for a focused day of discussions and networking. The conference format facilitates panels, keynote speeches, and direct engagement opportunities. Recent News Although direct recent news specific to DAS London 2025 is limited, the conference has a history of featuring key industry announcements and partnerships. The broader digital asset sector continues to advance with innovations in DeFi, regulatory developments in major markets, and growing institutional interest, setting the stage for a high-profile gathering. Future Plans DAS London aims to strengthen its position as a key annual meeting for institutional crypto players, addressing evolving technological trends and regulatory landscapes. The 2025 conference will likely expand its topics to include emerging asset classes, advanced trading technologies, and cross-industry collaborations. Onchain Data No verifiable onchain metrics available. Community Sentiment Neutral to positive. The crypto community generally views DAS London as a significant industry event facilitating vital connections and dialogue, though specific reactions to the 2025 edition are not yet active publicly. Risk Disclaimer As a conference event, DAS London may influence market sentiment but does not directly affect tokenomics or price mechanisms. Sources used https://blockworks.co/event/digital-asset-summit-2025-london

The Dogs project is hosting a Weekly Q&A session focused on providing fresh insights and updates within the TON ecosystem. The event will feature speakers from realDogsHouse, Fiva Protocol, and DigItGoldGame and is scheduled for October 15, 2025, at 12 PM UTC. This AMA format event will be an opportunity for the community to engage directly with these teams and gain alpha on recent developments. Participation is available through the official TON Blockchain Twitter channel. Recent News Over the past three months, the TON ecosystem has seen significant activity including new partnership announcements and protocol upgrades. Dogs and associated projects like realDogsHouse and Fiva Protocol have been involved in expanding ecosystem utility and user engagement. DigItGoldGame recently revealed new features enhancing its gamified blockchain interactions, contributing to heightened community interest. Future Plans The Dogs project and its partners plan to continue leveraging the TON blockchain's capabilities with upcoming launches and collaborative initiatives. Future Weekly Q&A sessions aim to maintain transparency, provide updates on milestones, and foster ecosystem growth. Onchain Data No verifiable onchain metrics available. Community Sentiment Positive - Community reactions on Twitter show enthusiasm for fresh insights and engagement opportunities provided by the Weekly Q&A. Sentiment highlights the value seen in direct communication from ecosystem participants and excitement about the featured projects. Quotes: "Great to get direct updates from @realDogsHouse and @FivaProtocol!" "These Q&As give us real alpha on TON developments." "Looking forward to seeing what's next with DigItGoldGame!" Risk Disclaimer This event may influence token interest and community engagement but does not directly constitute investment advice. Participants should consider their own risk tolerance. Sources used https://x.com/ton_blockchain/status/1978340187886285216

Ethena (ENA) will unlock 40.63 million tokens on November 2, 2025, at 7 AM UTC, representing approximately 0.60% of its circulating supply. This tokenomics event involves the release of new tokens to the market, which may impact liquidity and price dynamics. The unlock is hosted by the Ethena team and participants can follow updates through platforms like CoinMarketCal and Ethena's official channels. Recent News In the last few months, Ethena has maintained steady progress with its tokenomics strategy, including previously scheduled token unlocks. There have been no major disruptions reported, and the project continues to build trust within its community. Partnership announcements and updates remain limited but stable. Future Plans Post-unlock, Ethena plans to focus on expanding its ecosystem utilities and increasing adoption. The roadmap highlights further development in governance, staking features, and potential integration with decentralized finance protocols. Onchain Data Tokens unlocked: 40,630,000 = approx. 0.60% of circulating supply unlocked Community Sentiment Neutral to positive. Community feedback on platforms like Twitter shows awareness and cautious optimism about the unlock event, with minimal concerns about potential price impact. Sample community reactions include: "Steady progress, looking forward to more utility" "Small unlock, shouldn't affect price much" "Watching closely but optimistic" Risk Disclaimer Token unlock events can potentially influence price dynamics due to increased token circulation; investors should monitor market conditions closely. Sources used https://coinmarketcal.com/en/event/40-63mm-token-unlock-270963 https://www.tradingview.com/news/coinmarketcal:f3b595937094b:0-ethena-ena-40-63mm-token-unlock-02-aug-2025/ https://www.fastbull.com/cn/news-detail/ethena-ena--4063mm-token-unlock--02-news_6300_0_2025_3_10671_3/

RedStone is scheduled to unlock approximately 5.54 million RED tokens, which represents about 2.40% of its released supply, on November 6, 2025, at 4 PM UTC. This token unlock event is part of RedStone's ongoing tokenomics schedule affecting circulating supply. Recent News In the last few months, RedStone has updated its tokenomics with a shift from annual cliff unlocks to bi-weekly unlocks starting October 3, 2025, and extended the lock period for strategic participants by 6 months. Additionally, in September 2025, the U.S. Commodity Futures Trading Commission (CFTC) praised RedStone's role in collateral reform, highlighting the project's growing industry relevance. Future Plans RedStone plans to continue its gradual token unlocks over a four-year span, aiming for stability in token circulation. The project is also focusing on expanding its oracle ecosystem and improving decentralized data delivery. Onchain Data Tokens unlocked: 5,540,000 RED ÷ 230,000,000 total supply ≈ 2.41% (calculated from Tokenomist and CoinMarketCal data) Community Sentiment Mixed — Community displays a range of reactions to the unlock. Some express concern about dilution risks, while others are optimistic about RedStone's long-term growth potential. Sample reactions include: "Watching the unlock closely, could impact price"; "Steady unlocks mean controlled growth"; "CFTC praise adds to confidence." Risk Disclaimer Token unlock events can influence market prices due to changes in circulating supply and potential selling pressure. Investors should consider this when evaluating RedStone's token unlock on November 6, 2025. Sources used https://coinmarketcal.com/en/event/5-54mm-token-unlock-299324 https://tokenomist.ai/redstone-oracles https://blog.redstone.finance/2025/02/12/introducing-red-tokenomics/

"Gaming on TON Talk" is a collaborative team update event featuring Azuki and GAMEE, focusing on developments within the TON blockchain gaming ecosystem. Scheduled for November 20, 2025, at 3 PM UTC, this online session will highlight what GAMEE and Azuki have been building together, likely discussing new gaming integrations or features leveraging TON's technology. Participation details are primarily communicated via the TON Blockchain's official X (Twitter) channel (@ton_blockchain) and related project handles. Recent News In the past months, GAMEE has been expanding its gaming offerings on TON with innovative web3 gaming solutions, while Azuki continues to grow its presence as a prominent NFT and gaming community. TON itself is hosting the world's largest TON gaming hackathon, GameOn TON, running from September to December 2024, demonstrating significant ecosystem activity around gaming on the TON network (Source: doraHacks, TON official). Future Plans Post-event, both Azuki and GAMEE are expected to push further integration of blockchain gaming experiences on TON, with potential new features or projects unveiled during the talk forming part of their roadmap to accelerate gaming adoption on TON. Community Sentiment Mixed to Positive. The community shows interest in the synergy between Azuki and GAMEE, with users hopeful about new gaming innovations on TON. Some comments from X/Twitter include "Excited to see what Azuki & GAMEE bring to TON gaming!", "TON gaming ecosystem is thriving," and "Waiting for more details post-event." Risk Disclaimer This event is a team update and informational session, so it bears minimal direct risk but could influence community sentiment and future token activity depending on announcements. Sources used https://x.com/ton_blockchain/status/1991182977603149967 https://dorahacks.io/hackathon/game-on-ton-hackathon/buidl https://ton.app/en/games

Ton Wallet by Toncoin is officially launched and live in the USA as of November 25, 2025. The event marks the availability of Ton Wallet for users in the United States, allowing seamless management and transactions of Toncoin assets directly via this platform. Recent News In recent months, Ton Blockchain has been focused on expanding its ecosystem and user base, with this launch representing a strategic move to increase penetration in the U.S. market. The project has also been active in enhancing wallet features, including security upgrades and user-friendly interfaces to boost adoption. Future Plans Ton Labs plans continued development and expansion of wallet functionalities, including integration with decentralized apps (dApps) and DeFi services to enhance utility. Further regional launches and partnerships are anticipated to grow the Toncoin user network. Community Sentiment Generally positive as the U.S. presence increases accessibility for a wider audience. Users appreciate the expansion: "Finally can use Ton Wallet in the US," "Great step for Toncoin adoption," and "Looking forward to more features soon." Risk Disclaimer This launch could influence Toncoin’s market dynamics due to increased accessibility and user growth potential. Users should consider market volatility risks. Sources used https://x.com/ton_blockchain/status/1993370055544082633

Ethena Hyperliquid Listing - November 25, 2025 Category: Exchange Ethena announces the Hyperliquid Listing event scheduled for November 25, 2025. This listing event highlights Ethena's entry onto the Hyperliquid exchange platform, offering the community access to new trading pairs and liquidity options. Ethena will be listing on the Hyperliquid exchange on November 25, 2025. Hyperliquid is known for its advanced decentralized exchange features and liquidity solutions. The event is hosted by Ethena Labs and Hyperliquid, aiming to provide users with direct trading access to Ethena tokens starting at the event date. Participation can be done through Hyperliquid's platform interface on the specified date. Recent News Recent developments from Ethena include ongoing collaborations with Hyperliquid to optimize token integration and liquidity. Hyperliquid recently launched its HIP-3 Growth Mode which cuts fees by 90%, enhancing market accessibility that benefits listed projects like Ethena. Additionally, Hyperliquid has been active in hiring engineers to support platform scalability and is engaged in community governance proposals. Future Plans Ethena's future plans focus on expanding liquidity and market reach, leveraging the benefits of being listed on growing exchanges such as Hyperliquid. The project aims to boost token utility and community engagement by utilizing exchange features introduced by Hyperliquid's recent updates. Continued collaboration is expected to foster product innovation and adoption. Community Sentiment Sentiment around the Ethena listing on Hyperliquid is generally positive. Community members welcome the increased trading options and anticipated liquidity. Some comments from X/Twitter include: - "Excited to trade Ethena on Hyperliquid, looking forward to the new pairs." - "Great to see fees cut with HIP-3, this benefits traders and projects alike." - "Hope this listing brings more visibility to Ethena." Risk Disclaimer Token listings can influence market prices due to changes in liquidity and trading volume. Users should consider this when trading around listing dates. Sources used https://x.com/ethena_labs/status/1993332263636156482?s=20 https://www.coindesk.com/markets/2025/11/19/hyperliquid-unveils-hip-3-growth-mode-slashing-fees-by-90-to-boost-new-markets https://twitter.com/HyperliquidX

Cocoon, short for Confidential Compute Open Network, is a privacy-focused decentralized AI network powered by TON (The Open Network) blockchain. The project, led by Telegram founder Pavel Durov, aims to create a decentralized platform where AI inference can be performed securely without exposing sensitive user data. The official launch date of Cocoon is set for November 30, 2025. The event marks the introduction of a trustless compute network integrating artificial intelligence, cryptography, and distributed computing to uphold privacy and decentralization. Participation and updates are primarily available through TON's official communication channels and Telegram-related platforms. Recent News In the last three months, Pavel Durov unveiled Cocoon at Blockchain Life 2025 in Dubai. The project has gained attention as a novel alternative to centralized AI services like Google and Amazon by focusing on privacy. Media coverage highlights Cocoon's integration with TON blockchain and its promise of enabling developers to perform AI computations while keeping data confidential. Several posts on Reddit and Medium further discuss the technical aspects and potential impact of Cocoon as a decentralized AI infrastructure. Future Plans Cocoon's roadmap includes expanding its decentralized compute network and increasing developer participation. The project aims to foster a broad ecosystem of AI applications that respect data privacy and leverage TON's scalable blockchain infrastructure. Long-term goals include enhancing GPU owner incentives and scaling AI workloads securely across the network. Community Sentiment Mixed to positive sentiment prevails within online communities. Enthusiasts praise Cocoon for its privacy-centric innovation in decentralized AI, while some express cautious optimism awaiting more technical details and real-world use cases. Typical comments include: "Decentralized AI with privacy is exactly what the space needs," and "Looking forward to seeing how Cocoon performs at scale." Risk Disclaimer This event may influence the interest and tokenomics related to TON and Cocoon network participation. Prospective users and investors should consider underlying technical and market risks as with any emerging technology in decentralized AI. Sources used https://x.com/ton_blockchain/status/1983566748235231668 https://bravenewcoin.com/insights/telegram-founder-unveils-cocoon-a-new-decentralized-ai-network-on-ton-blockchain https://cryptobriefing.com/telegram-launches-cocoon-network-powered-by-ai-and-ton/ https://medium.com/@tort_mario/pavel-durov-unveils-cocoon-a-decentralized-network-for-private-ai-inference-on-ton-72faa5b1719f https://www.reddit.com/r/IndiaTech/comments/1ongg22/telegram_is_working_on_cocoon_a_new_decentralized/ https://qazinform.com/news/pavel-durov-unveils-decentralized-cocoon-network-as-alternative-to-google-and-amazon-with-a-focus-on-privacy-4035ab