Odaily News According to official news, OKX Ventures announced the completion of a strategic investment in Momentum. Momentum is the DEX in the Sui ecosystem, with a minimalist interactive experience and deep liquidity characteristics. With the trend of accelerated entry of traditional institutions and the prospect of the gradual expansion of the RWA market, Momentum has become an important DeFi infrastructure in the ecosystem. Since its establishment in 2022, Momentum has continuously refined its product mechanism and achieved near-instant transaction confirmation. In 2 months, it has obtained 42,000 active wallets, the total value locked (TVL) on the chain exceeded $70 million, and the transaction volume reached $3 billion, of which more than 25% of the DEX transaction volume of the Sui network came from Momentum. Compared with traditional AMM decentralized platforms, the performance is improved by more than 10x, and it can maintain good scalability and stability in a high-concurrency environment. Benson, partner of OKX Ventures, said: "As the leading DeFi application of Sui ecosystem, Momentum enables traders, retail investors and institutional users who pursue low slippage and high liquidity to obtain a better on-chain trading experience through the ve (3,3) mechanism, which will promote the Sui public chain DeFi ecosystem to enter the next growth cycle and prosperity faster." (Chainwire)

Odaily星球日报讯 据官方消息，Plume Network 今日宣布推出其公共主网 Plume Genesis。Plume Genesis 带来了包括 Superstate、Blackstone、Invesco 在内的链上 RWA，在各种用例中已动用的 RWA 资本超过 1.5 亿美元；在多个资产类别中拥有充足的流动性；其生态系统中已宣布的项目超过 200 个。该生态系统包括一大批 RWA 原生和蓝筹 DeFi 应用程序，如 Morpho、Curve、Orderly、Matrixdock、Lorenzo、Rooster、Solera 和 Mystic 等。 Plume 专注将 RWA 引入链上，该网络致力于承载超过 40 亿美元的资产。 未来，Plume 将向其生态系统引入多种资产类别和 RWAfi 用例，包括代币化艺术品、贵金属、摩托车、铀和交易卡，从而拓宽 RWA 在链上效用的应用范围。

Odaily News According to the official announcement, the first Gate Alpha trading lottery event officially started at 20:00 (UTC+8) on June 5, with a total prize pool of up to 100,000 USDT. The event will last until 00:00 (UTC+8) on June 9, and users can participate in the following two ways: 1. Transaction achievement: The cumulative transaction amount in Alpha reaches 100, 300, 500, and 1000 USDT, and each will receive 1 lottery opportunity (up to 4 times); 2. Invite friends: Successfully invite 1 friend to complete the first transaction in Alpha (≥20 USDT), and you can get an additional chance. Users can get up to 5 lottery opportunities, with a 100% chance of winning. The prizes include 100 GT, iPhone 16, contract experience coupons, SOON, RWA and USDT airdrops and other multiple benefits. Gate Alpha now supports popular public chains such as SOL, ETH, BNB Chain and Base. Users can use USDT in their spot accounts to directly purchase popular assets on the chain without manually changing chains, recharging or authorizing.

Odaily News According to SoSoValue data, the crypto market has been pulled back for two consecutive days. The Meme and DeFi sectors fell by 3.59% and 3.72% in 24 hours, respectively. In the Meme sector, Bonk (BONK), dogwifhat (WIF), and Fartcoin (FARTCOIN) fell by 7.42%, 9.65%, and 10.62%, respectively, but SPX6900 (SPX) rose by 3.35% against the trend. In the DeFi sector, Chainlink (LINK), Uniswap (UNI), and Ethena (ENA) fell by 4.03%, 5.93%, and 9.97%, respectively. In addition, Ethereum (ETH) was relatively strong, falling by 0.28% in 24 hours, and fluctuated narrowly around $2,600. Bitcoin (BTC) fell by 0.91%, pulling back to $104,000. In other sectors, the CeFi sector fell 0.58% in 24 hours, of which Hyperliquid (HYPE) fell 3.29%; the Layer1 sector fell 1.93%, but TRON (TRX) rose 1.26%; the PayFi sector fell 2.63%, and within the sector, Keeta (KTA) rose 3.62% against the trend; the AI sector fell 3.54%, Bittensor (TAO), Worldcoin (WLD), and Virtuals Protocol (VIRTUAL) fell 2.85%, 5.33%, and 7.22% respectively; the Layer2 sector fell 3.58%, and Optimism (OP) fell 5.79%. The crypto sector index, which reflects the historical market conditions of the sector, shows that the ssiAI, ssiDeFi, and ssiRWA indexes fell 4.93%, 4.28%, and 4.24% in 24 hours, respectively.

Odaily News The Ethereum Foundation (EF) has released its latest fiscal policy document, clarifying its asset management strategy, ETH sales mechanism, and long-term commitment to the DeFi ecosystem. The document states that EF currently sets annual operating expenses at 15% of total finances, retains a 2.5-year expenditure buffer, and will gradually transition to a long-term expenditure level of 5%, emphasizing increased support during market downturns and restraint in bull markets. In terms of crypto asset allocation, EF will give priority to supporting secure, decentralized, and open-source DeFi protocols, adopt methods such as wETH staking and stablecoin lending to obtain reasonable returns, and explore Tokenized RWA (tokenized real assets) configuration. At the same time, EF clearly supports the "Defipunk" concept, encourages KYC-free, self-custodial, and privacy-friendly DeFi protocols, and plans to use privacy standards, decentralized UI, and anti-censorship mechanisms as core evaluation criteria for fund deployment. EF stated that its own fiscal management will also gradually adopt decentralized, privacy-friendly tools and workflows to "live out" the crypto values it advocates and continue to provide long-term and robust support for the Ethereum ecosystem.

Odaily News According to SoSoValue data, the crypto market generally pulled back, and only the PayFi, RWA and SocialFi sectors were relatively strong, rising by 1.20%, 0.22% and 0.01% in 24 hours, respectively. In the PayFi sector, XRP and Telcoin (TEL) rose by 1.93% and 2.76%, respectively. In the RWA sector, Maker (MKR) and Plume (PLUME) rose by 6.42% and 7.34%, respectively. In the SocialFi sector, Galxe (GAL) and Mask Network (MASK) rose by 10.26% and 12.04%, respectively. In addition, Bitcoin (BTC) fell 0.68% in 24 hours, pulling back to $105,000, and Ethereum (ETH) fell 0.91%, still maintaining above $2,600. In other sectors, the DeFi sector fell 0.10% in 24 hours, but Aave (AAVE), Uniswap (UNI), and Four (FORM) rose 2.96%, 4.18%, and 6.92% respectively; the CeFi sector fell 0.15%, among which LEO Token (LEO) was relatively strong, rising 5.91%; the Layer2 sector fell 1.07%, Stacks (STX) and Movement (MOVE) rose 1.32% and 1.60% respectively; the Layer1 sector fell 1.23%, and the Meme sector fell 2.93%. The crypto sector index reflecting the historical market conditions of the sector shows that the ssiPayFi, ssiRWA, and ssiDeFi indexes rose 1.49%, 0.82%, and 0.58% in 24 hours respectively.

Odaily News Joseph Lubin, founder of Consensys and co-founder of Ethereum, said in an article on the X platform that Ethereum is achieving the same transformation for value: it provides a shared, open, programmable currency standard. Ethereum is the global settlement layer, running uninterrupted every 12 seconds for nearly a decade, 24/7, and without error. Last year alone, it settled more than $25 trillion in value. Ethereum has the most stablecoins, real-world assets (RWA), and asset tokenization projects. At the same time, it is also an asset with native yield capabilities, with a built-in re-pledge mechanism and DeFi ecosystem. Stablecoins will soon replace the US dollar as the global settlement currency, and the public market is beginning to realize this. I am proud to lead a $425 million private placement for SharpLink to introduce Ethereum exposure to traditional capital markets. SBET hopes to benefit from Ethereum's native yield opportunities and use this to demonstrate these advantages to the public market.

Odaily News Bitcoin and RWA financial technology company Matador announced its listing on the Frankfurt Stock Exchange with the stock code IU3. So far, the company has covered three major financial securities markets in the world: Canada, the United States and Europe, and can support transactions nearly 24 hours a day, just like Bitcoin. (Globenewswire)

Odaily News CITIC Securities Research Report believes that recently, Hong Kong, China and the United States have both advanced the legislative process of stablecoin-related bills to varying degrees. Stablecoins can provide a stable currency value trading method for RWA token assets, enhance market liquidity, and help promote the further implementation of RWA issuance projects by mainland Chinese companies in Hong Kong. At the same time, the Stablecoin Act is expected to indirectly promote the construction of digital currency-related payment and settlement interfaces in the Hong Kong financial industry, and financial IT companies with experience in cross-border settlement of digital currency/digital RMB and supply chain financial projects are expected to benefit. Huaxi Securities said that RWA will become the core hub linking the real economy and digital finance. In the future, RWA tokens will expand to more segmented scenarios, such as carbon assets, supply chains, and intellectual property rights, superimposed with AI and large on-chain models to achieve automatic valuation and intelligent liquidation, and activate the digital liquidity of trillions of physical assets. (Cailianshe)

Odaily News According to SoSoValue data, the crypto market sectors rose across the board, with Ethereum (ETH) up 4.72% in 24 hours, rebounding to above $2,600. Bitcoin (BTC) rose 1.03% to $106,000. The Meme sector rose 5.04%, of which Pepe (PEPE), dogwifhat (WIF), and SPX6900 (SPX) rose 8.20%, 11.43%, and 15.14%, respectively. At the same time, MAG7.ssi rose 2.26%, DEFI.ssi rose 3.64%, and MEME.ssi rose 3.63%. In other sectors, the Layer2 sector rose 4.54% in 24 hours, among which Arbitrum (ARB) and Movement (MOVE) rose 6.94% and 7.98% respectively; the RWA sector rose 4.34%, and within the sector, Maker (MKR) rose 9.67%; the DeFi sector rose 3.59%, Aave (AAVE) and Ethena (ENA) rose 5.03% and 6.81% respectively. The PayFi sector rose 2.53%, and Monero (XMR) rose 4.85%; the Layer1 sector rose 2.37%, the CeFi sector rose 1.86%, and Hyperliquid (HYPE) stopped falling and rebounded, rising 7.62% in 24 hours. The crypto sector index, which reflects the historical market conditions of the sector, shows that the ssiGameFi, ssiNFT, and ssiRWA indexes rose 6.44%, 5.58%, and 4.93% in 24 hours, respectively.