According to Sky monitoring, the first SKY burn has been completed. 2.86 million SKY tokens repurchased on the open market using 5% of the monthly net protocol surplus have been permanently removed from circulation. The mechanism linking protocol performance to SKY supply reduction is now officially in effect.

Odaily reports that Robinhood Crypto officially posted on X platform stating that the USDG Vault under SteakhouseFi, which powers Robinhood Earn, is currently the largest vault on Morpho by deposit size, with deposits exceeding $456 million.

Odaily News: Johann Kerbrat, Head of Crypto at Robinhood, posted on X platform that all Robinhood stock tokens are 1:1 backed by securely custodied real shares, and corresponding real shares of the company are purchased simultaneously when tokens are minted. Stock tokens provide economic rights equivalent to dividends and corporate action returns, with related returns reinvested into holdings.

Johann Kerbrat stated that physical redemption and voting rights are not yet available, and Robinhood is working to enable 1:1 share redemption and voting functionality for eligible stock token holders. These tokens are composable, allowing developers to build new products on top of them.

Additionally, he emphasized that stock tokens are not available to U.S. users and are also restricted in other jurisdictions such as Canada, the United Kingdom, and Switzerland.

Odaily Report: Monad co-founder Keone Hon posted on X stating that 0x published an interesting yet critical article this morning exploring an emerging phenomenon that first appeared in PropAMM (proprietary AMM) and has now spread to Uniswap v4 Hooks.

In short, malicious market makers switch back and forth between "extremely narrow quotes" and "extremely wide quotes." They use extremely narrow quotes to attract aggregators into selecting that trading venue; however, once a user's trade is actually routed there, the quote immediately switches to an extremely wide spread. Slippage settings (i.e., limit protection) can protect some users—causing the trade to simply fail—but many users set slippage tolerance too high, and those users suffer extremely brutal "exploitation"—the article points out that certain Hooks maliciously switch back and forth between 0% and 18% fees.

A few months ago, Solana also published a very insightful article analyzing a similar phenomenon occurring on Solana aggregators, though the fee cap was around 1% rather than 18%. A few days later, they quietly took the article down.

The vision of an open system is to eliminate intermediaries and hidden fees. "Aggregator Spoofing" constitutes a massive hidden tax burden, and this problem can only be truly solved through fully-on-chain order routing. In turn, on-chain routing requires abundant computational power and flexible account access mechanisms—requiring both an extremely high-performance and efficient EVM and a well-designed on-chain routing protocol.

Earlier this morning, 0x posted stating that the number of malicious Uniswap v4 Hooks has increased significantly recently. Some Hooks offer attractive prices during the inquiry phase but change the execution price at actual settlement, thereby stealing funds from users through aggregators, wallets, and trading applications.

Odaily reports: Pump.fun officially posted on X platform stating that over the past two days, Holder Rewards-related tokens have generated over $4 million in cumulative rewards for their holders.

Earlier news: Pump.fun announced the launch of the Holder Rewards model and the cancellation of the Cashback model. With Holder Rewards tokens, users simply need to hold the token to earn rewards. The longer the holding period, the higher the reward cap. Going forward, when creators issue new tokens, they can choose between the standard Creator Fee model or the Holder Rewards model; existing Cashback and Creator Fee tokens can also apply to switch to Holder Rewards, but once switched, the change is irreversible.

Odaily: HSBC raises SpaceX (SPCX.O) price target from $117 to $150. (Jinshi)

Odaily reports that USDC officially posted on X platform, stating that as of September 12, 2026, the total historical on-chain transaction volume of USDC has exceeded $100 trillion. For many years, it has been serving money transfers at internet scale.

Odaily reports: On-chain analyst Aunt Ai posted on X that Binance Futures smart money "Single Wife" has ranked first on the 24-hour, 7-day, and 30-day profit leaderboards with a long position in Lobster. They have realized $260,000 in profit from closed positions and currently still hold 18.29 million Lobster tokens worth $3.2 million, with an average entry price of $0.1316. At the current price of $0.1751, the unrealized profit stands at $796,000.

Odaily News: On September 15, the South Korean semiconductor sector saw active trading. According to Gate platform data, SK Hynix (000660) is currently priced at $1,275.12, up 1.17% in 24 hours; Samsung Electronics (005930) is currently priced at $186.03, down 0.60% in 24 hours. According to CoinGlass data, Gate's related stock derivatives are actively trading: SKHX contract open interest is nearly $123 million, ranking second across the network, with 24-hour trading volume of nearly $177 million, also ranking among the top in the industry; SAMSUNG contract open interest reached $7.44 million, with 24-hour trading volume reaching $32.37 million, both ranking second across the network.

Gate continues to expand its stock contract coverage, providing users with richer trading options through the industry's fastest response to hot trends and the most comprehensive target layout. Currently, Gate stock contracts already support popular stock targets from multiple markets including US stocks, Hong Kong stocks, and Korean stocks, and have further launched an innovative sector, with the first batch of 40 popular stock contracts listed, covering market hot targets such as ChangXin Memory Technologies, Unitree Robotics, and CATL, providing users with 7×24-hour diversified trading opportunities.

Odaily News: According to Kelp monitoring, a certain address exhibited suspicious activity hours after receiving rsETH. The team has implemented a 24-hour temporary suspension on that address, during which rsETH cannot be transferred in or out. Kelp contracts are secure, rsETH remains fully collateralized, and minting, withdrawals, and integration functions are operating normally. Users need not take any action. Previously, an unidentified Ethereum user's Safe wallet was attacked, with confirmed losses of approximately $7.73 million in rsETH.

Odaily News: The XRP Ledger's Batch V1.1 upgrade is just one vote away from official activation. The upgrade supports bundling up to 8 related transactions into a single operation, for example, ensuring that both parties' token swaps are completed simultaneously.

Currently, 27 out of 35 trusted validators are in support, representing approximately 77% approval; XRP Ledger changes require 80% support and must remain above that threshold for 14 consecutive days. RippleX stated on Monday that it has fixed another 11 vulnerabilities, involving signatures, authorization checks, and issues that could potentially cause server crashes. Previously, the original Batch proposal was found to be capable of including other accounts' transactions without approval under certain conditions, and it was never launched.

Odaily reports that a whale currently holds a paired spread position of approximately $19.024 million in SK Hynix Korea-US spread, going long on the Korean common stock mapping SKHX and shorting the US ADR mapping SKHY, expecting the spread to converge. After holding the position for about 40 days, the spread did not revert but instead widened, resulting in a combined unrealized loss of approximately $275,200 across both legs.

Among them, the SKHX long position is worth approximately $9.347 million, with an average entry price of $1,307.1, currently showing a loss of approximately $446,000; the SKHY short position is worth approximately $9.676 million, with an average entry price of $179.4, currently showing a profit of approximately $171,000. As of press time, SKHY's premium over SKHX is approximately 41.31%, widening by about 4.1 percentage points from the 37.2% at the time of the address's entry.

Since the position was opened, the address has paid a cumulative net funding fee of approximately $94,100 across both sides, with approximately $16,100 spent in the last 24 hours. Based on the current position and dynamic rates, the portfolio still needs to pay approximately $1,106 per hour in net funding fees on a static basis.

Odaily News: The three "leaders" of the artificial intelligence (AI) industry unanimously called for slowing down the pace of technological development last weekend. Renowned "Big Short" investor Michael Burry has questioned this, calling the push to slow things down "self-serving." He stated that the push by OpenAI, Anthropic, and other major AI companies could slow down fast-moving competitors, thereby benefiting incumbents. He also challenged the fundamental premise of this argument, noting that large language models are not AGI, and therefore "there simply is no AI that needs to be slowed down." Burry also said that talking about the potential dangers of AI helps maintain investor enthusiasm as companies prepare to go public.

Odaily reports: Recently, the Jiangsu Securities Regulatory Bureau issued a risk alert stating that some institutions and individuals are hyping the RWA concept, using phrases such as "backed by real-world assets, guaranteed principal with high returns, low risk and steady appreciation" to lure the public into investing. The Jiangsu Securities Regulatory Bureau reminds the public that any form of financing activity conducted within China under the name of RWA constitutes illegal financial activity. Investors should be wary of false advertising such as "guaranteed principal with high returns" and "assured profits with no losses." If suspicious leads are discovered, evidence should be preserved and promptly reported to the competent authorities or to public security organs.

Odaily reports: According to on-chain analyst Aunt Ai's monitoring, crude oil prices have risen again, and CL has become the third-ranked asset by trading volume on Hyperliquid over the past 24 hours, trailing only BTC and ETH. A certain address opened a 90,000 CL 3x long position on August 3 at an entry price of $84.36, during which it was once down $842,000, and currently has an unrealized gain of $1.258 million.

Odaily News: U.S. Treasury yields rose across all maturities during Asian trading hours, after the 10-year Treasury yield on Monday rose above 5% for the first time since October 2023. Investors are awaiting the Federal Reserve's interest rate decision on Wednesday, and according to London Stock Exchange Group data, the market is pricing in a 93% probability of a 25 basis point rate hike.

ING rate strategists said in a report: "Logically, a rate hike should have calmed the long end, yet the long end is typically extremely volatile." According to Tradeweb data, the two-year Treasury yield rose 4.4 basis points to 4.676%, and the 10-year Treasury yield rose 6.2 basis points to 5.021%. (Jinshi)