RaaS #461: Stablecoin Yield In Metamask!

Butler Live On X, Gaia Releases Tokenomics Whitepaper, and Moar!

Linea unveiled a new Ethereum-aligned L2 that burns ETH with every transaction, returns yield to bridged ETH via native staking, and allocates 85% of its upcoming token, LINEA, to ecosystem growth. Built as a zkEVM, Linea mirrors Ethereum’s tech and values.

Etherscan is going live on Sei, bringing top-tier analytics and usability to the fastest EVM chain. Track activity, debug contracts, and analyze flows with the tool every dev already knows. EVM moves faster on Sei.

Kaito Capital Launchpad’s first round wraps with Theoriq pulling in 78M (39x oversubscribed) and Espresso securing 5.7M (1.7M over). Proof that Yappers deploy with conviction.

Hyperliquid faced order issues earlier today, with users unable to place or close trades. The team confirmed the glitch was under investigation. As of 14:47 UTC, orders are processing normally again, according to official Discord updates.

FaZe Banks quits CT after MLG Coin collapse triggers scam accusations. He denies wrongdoing, blames brand manipulability, and Adin Ross. The fallout mirrors past FaZe-linked rug pulls and shows how influencer-led tokens spiral under pressure from speculation, backlash, and social media blowback.

Delta-neutral strategies are booming, with over $1.2B deployed across DeFi. They hedge price exposure by balancing long/short positions while farming yield. Neutron makes this seamless, one-click vaults that lend, short, and auto-optimize for stable, market-neutral returns.

Butler is live on X, marking the shift from dashboards to agent-native interaction. Drop a memecoin and prompt, and Butler replies with AI-generated content in-feed. It’s not just automation; it’s public, contextual, and the first step toward agents as native interfaces.

Do you believe the intern?

Magma partners with Enjoyoors to offer a 3x pokeMON points boost for users staking gMON from July 29–Aug 12. Powered by gMONAD on Monad, the system retains DeFi liquidity while boosting rewards—backed by validators like Kraken and Ether.fi.

Gaia is building a DeAI network secured by the GAIA token. Verifiers, miners, and domains stake to coordinate compute, enforce policies, and route requests. Governance is reputation-based, and emissions are tied to network activity.

MetaMask’s Stablecoin Earn lets users earn passive income by depositing USDC, USDT, or DAI into Aave directly from the MetaMask Mobile App. No fees, no lock-in, full self-custody. Withdraw anytime. Seamless yield for idle stablecoins, now just a tap away.

Top Gainers: OMNI, QKA, PUNDLE, TIBBIR, CFX.

AI still leads crypto mindshare at 26%, but DeFi is catching up fast. Giza hits $500M in agentic volume, the White House drops a bold AI roadmap, and UAE emerges as a top Crypto AI sandbox. Virtuals, REKT, and Cookie led this week’s on-chain AI activity across $11.1B in agent value.

Abra has paused withdrawals without public notice, leaving customers locked out since June. Despite claiming $700M in AUM, users say funds are inaccessible and support is unresponsive. The platform, which previously refunded $82M after U.S. probes, now faces renewed fears of insolvency.

Ray Dalio now recommends a 15% portfolio allocation to Bitcoin or gold, citing rising U.S. debt and dollar devaluation. While still favoring gold, he sees both assets as effective diversifiers amid what he calls a “debt doom loop.” Bitcoin is up 4% off its ATH; gold is near record highs.

That’s all for today!