A week of hot project dynamics: Arbitrum Nova will be shut down, Aave will implement a new risk framework, Pudgy Party will phase out operations, etc. (0607-0613)

1. Solar Foundation Launch Frontier Trackers VIPlink

Solana Foundation announced the launch of the Frontier Traders project, which targets institutional and professional traders active in emerging asset markets. The VIP eligibility requirement is over US$ 500 billion traded in the past 30 days and US$ 16 million in unsettled contracts (OI). Advantages such as Asset Express ' priority eligibility, RPC access privileges and exclusive campaign invitations are available to eligible users. Users who do not meet the VIP criteria are still able to participate in spot and permanent contract transactions。

2. Arbitrum DAO moving Arbitrum Nova into maintenance modelink

Arbitrum DAO has adopted a proposal to gradually shift Arbitrum Nova to maintenance mode and to encourage developers and users to move to Arbitrum One within the next 90 days. It is planned that Nova will undergo a 90-day migration window (as of 2 September 2026) during which applications, mobility and infrastructure can be relocated to Arbitrum One. Since then, Nova will continue to operate, but will enter a low-priority state of maintenance, including reduced developer support, limited flow of public infrastructure and reduced operational resources. Users are advised to move funds through official bridges to Arbitrum One。

3. Starknet announces a zero-knowledge privacy frameworklink

Starknet announces an online zero knowledge proof privacy framework STRK20, which supports any ERC20 asset within the network to achieve privacy balances and private transfers. The framework is based on zero-knowledge proof technology and can be used in the context of transfers, transactions, borrowing, pledges and payments. Unlike the traditional Mixer, STRK20 directly embeds privacy functions into the asset flow process. At the same time, the Vision Keys (see key) mechanism was introduced to allow users to disclose transaction-specific information selectively, as required by law, to accommodate privacy protection and compliance needs. The first STRK20 asset is strkBTC。

4. Fidelity Stable Currency FIDD Select Uniswap as a liquidity infrastructurelink

Fidelity, one of the world's largest asset-management companies, is moving forward in stabilizing the money chain and choosing Uniswap as a liquidity infrastructure for FID. The associated FIDD mobility pool is online in the Uniswap protocol。

According to @marcov 91, since last December, Uniswap has destroyed nearly 6 million NIs in multiple chains, valued at approximately $21 million, and converted adultization costs to $46 million. It is noteworthy that the current UNI chain of daily destruction is on the Etheleum, Base and BNB Chain。

5. Aave will implement a new risk framework and substandard assets will be progressively reduced Setlink

The founder of Aave, Stani Kulechov, stated that Aave had been developing a new risk management framework covering asset risk, cross-chain risk, chain risk and automated risk management mechanisms over the past few weeks. The framework will be applied to all markets and assets in Aave V3, V4 and Aave Horizon following the adoption of the governance proposals, and assets that do not meet the new standards will be progressively removed from Aave in the coming weeks. In particular, the governance proposal reinforces the review requirements for revenue-based assets, stable currency, cross-chain assets and RWA, including the assessment of risks such as increased delegation of authority, upgrade controls, bridge security and chain-based foreclosure mechanisms. Aave also introduced, for the first time, a system of security levels of authority, imposing more severe restrictions on single-signature controls, unlimited growth and weak governance structures。

6. Pyth roll-out of 7x24-hour pricing data services covering US shares and bulk commoditieslink

Pyth Network introduced Pyth Industries index products covering assets such as US stock, gold, silver and WTI and Brent crude oil, providing 7x24 hour price references through data on places traded on and under the chain. Pyth is also working with MarketVector to develop stock index futures products, including thematic indicators AI10, Defense10, China10 and Tech100. Pyth indicates that the index has been accessed on platforms such as Coinbase, Kraken, dYdX and Nado, and can be used in such scenarios as derivative settlements, benchmarking and ETF/ETP。

7. Perp DEX transactions fell by 56 per cent from last October ' s peak, and the city of Hyperliquid rose to 39 per centlink

According to DeFiLlama, since last October the volume of Perp DEX transactions has declined from a peak of 56 per cent; at the same time, the market share of Hyperliquid increased from 17.2 per cent to 39 per cent so far this month。

8. Pudgy Party announces that it will phase out operations and stop subsequent developmentlink

The Pudgy Party officially announced that it would phase out the Pudgy Party operation and stop further development. According to official sources, Pudgy Party had come to the top of App Store and received over 1 million downloads, but the team did not believe that continuing to bet on the product was the best way to increase the influence of Pudgy Penguins IP. Pudgy Party stated that it would then turn to Pudgy World as the main entry point into Pudgy Penguins。

9. NFTfi announced a gradual closure due to market contractionlink

The NFT Lending Agreement NFTfi announced that the platform would be shut down in the coming months due to the continued contraction of the NFT market to a scale that could not support its operating costs. In the six years since it went online in May 2020, NFTfi has managed a cumulative total of over $737 million in loans, and there has never been a loss of NFT in smart contracts. Official declarations suspending new loans as of immediate date; existing loans can be reallocated/refinanced until 731 days (up to 30 days per cycle); borrowers can repay at any time before 31 August 2026. The platform is scheduled to officially be operational and offline on 31 August 2026。

10. Botanix announced that it would phase out network operationslink

BitcoinEquivalent, the EVM 2nd floor network, Botanix officially announced that it would be phased out. According to the Botanix team, over the past four years (one year of operation of the main network) it has attempted to construct a decentralised L2 network that relies entirely on the ecological and bitcoin-based economic characteristics of the chain without the use of token incentives, points or airdrops, but due to the current market ' s preference for bitcoin as a reserve asset and the high concentration of DeFi ' s demand in a more convenient distribution channel using the Taifung common L2 and the centralization of liquidity, the network ' s fees and revenues are far from covering infrastructure costs. The official reminder is that all users who still hold assets on the Botanix network (including its new Bitcoin Bank BINK) must evacuate Bitcoin and other assets by 9 July 2026。