APUBCC Bulletin #3
Solana ETF Launch
On March 20, 2025, Volatility Shares LLC launched the first US ETF tracking Solana futures. This futures-based ETF, valued at approximately $67 billion in market exposure, provides a regulated way for investors to gain exposure to Solana. The launch is expected to attract institutional investors, increasing liquidity and price stability.
Ethena’s Converge Blockchain
Ethena introduced Converge, an EVM-compatible Layer-1 blockchain designed to bridge traditional finance (TradFi) and decentralized finance (DeFi). Using ENA for staking and USDe/USDtb as gas tokens, the initiative aims to attract institutional investors with tokenized assets. A developer testnet is launching soon, with a mainnet rollout planned for Q2 2025.
Hyperliquid’s HYPE Staking Tiers
Hyperliquid, a Solana-based DEX, introduced HYPE staking tiers offering up to 40% trading fee discounts, effective from April 30, 2025. This strategy enhances HYPE’s utility and incentivizes staking by implementing separate fee schedules for spot and perpetual trading. Spot volume counts double toward staking rewards, driving community engagement and protocol revenue.
Ripple’s SEC Lawsuit Resolution
On March 19, 2025, Ripple announced that the SEC dropped its lawsuit, ending a four-year legal battle. The news boosted XRP’s price by over 10%, enhancing market confidence and providing regulatory clarity. CEO Brad Garlinghouse described it as a “resounding victory,” signaling potential positive implications for the broader crypto industry.
Mantle’s EigenDA Activation
Mantle Network fully activated EigenDA, a data availability solution, on March 18, 2025. This upgrade enhances censorship resistance and scalability, increasing throughput to 15MB/s compared to Ethereum’s 0.0625MB/s. Backed by $335 million in restaked assets, the improvement strengthens Mantle’s role as an Ethereum Layer-2 solution.
AAVE DAO’s RWA Token Rejection
On March 17, 2025, AAVE DAO rejected a proposal for a new real-world asset (RWA) token, prioritizing the value of the existing AAVE token. Founder Stani Kulechov clarified that the proposal was not an official Aave initiative. The rejection reflects the community's preference for maintaining decentralized governance.
Uniswap DAO’s $165.5M Funding Plan
On March 20, 2025, Uniswap DAO approved a $165.5M funding plan to support ecosystem growth through grants and liquidity incentives. The initiative is expected to accelerate the development of Uniswap’s infrastructure, including Unichain and V4. It may also lead to a potential fee switch, benefiting UNI holders.
Cosmos’ Native EVM Framework
Cosmos integrated a native EVM framework by open-sourcing Evmos on March 19, 2025. This upgrade enhances Ethereum compatibility across its ecosystem of over 200 appchains, improving developer adoption and interoperability.
Launch of Onchain Labs
Offchain Labs announced the launch of "Onchain Labs" in partnership with the Arbitrum Foundation. "Onchain Labs" provides comprehensive support to developers, including product development guidance and go-to-market strategies. This initiative aims to empower builders to create innovative applications, recognizing that some experimental projects may not succeed but contribute to the broader Web3 ecosystem.
Drift Protocol’s Swift Upgrade
Drift Protocol, a Solana perpetual DEX, launched Swift Protocol on March 13, 2025. This upgrade aggregates liquidity for faster fills, lowest slippage, gasless trading, and improved execution, enhancing user experience and market efficiency.
Upcoming APUBCC Events
𝐅𝐨𝐮𝐧𝐝𝐫𝐲 𝐒𝐞𝐫𝐢𝐞𝐬 𝐖𝐨𝐫𝐤𝐬𝐡𝐨𝐩
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Whether you're a beginner or looking to level up, this workshop is the perfect opportunity to dive deep into the world of decentralized applications.
𝐃𝐞𝐭𝐚𝐢𝐥𝐬: 𝐃𝐚𝐭𝐞𝐬: April: 15, 17, 22, 24, 29 May: 2, 6, 8, 13, 15, 20, 22
𝐓𝐢𝐦𝐞: 6:00 PM - 9:30 PM
𝐕𝐞𝐧𝐮𝐞: TBD
𝐅𝐞𝐞: RM40 (covers all sessions and certificate)Limited to 𝟐𝟎 𝐩𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐧𝐭𝐬 𝐨𝐧𝐥𝐲 - First come first served!
𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 𝐨𝐟 𝟏𝟐-𝐬𝐞𝐬𝐬𝐢𝐨𝐧𝐬
𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐭𝐨 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐁𝐚𝐬𝐢𝐜𝐬
𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐀𝐫𝐜𝐡𝐢𝐭𝐞𝐜𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐂𝐫𝐲𝐩𝐭𝐨𝐠𝐫𝐚𝐩𝐡𝐲
𝐄𝐭𝐡𝐞𝐫𝐞𝐮𝐦 𝐚𝐧𝐝 𝐒𝐨𝐥𝐢𝐝𝐢𝐭𝐲 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰
𝐒𝐨𝐥𝐢𝐝𝐢𝐭𝐲 𝟏𝟎𝟏: 4-6
Smart Contract Deployment
Solidity interfaces
Deploy in Zksync
𝐅𝐨𝐮𝐧𝐝𝐫𝐲 𝟏𝟎𝟏: 7-9
Introduction and Setup
Writing and Testing Smart Contracts
Deployment and Scripting
𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐝 𝐅𝐨𝐮𝐧𝐝𝐫𝐲 𝟏𝟎𝟏: 10-12
Develop DeFi protocol
Advance smart contract development
Forking and Mainnet Simulation
Registration Link: https://lu.ma/41ncjpcp
APUBCC Online Sharing Session #3: Integrating Oracle to Smart Contract
Get ready for a hands-on session with @eggwae on Integrating Oracle to Smart Contracts! 🚀
What he will be covering:
🔸 What is Oracle?
🔸 Introduction to Chronicle Protocol
🔸 Hands-on workshop: Integrating price feeds into smart contracts
📅 Date: 4 April 2025
⏰ Time: 9:00 PM – 10:30 PM
📍 Venue: APUBCC Discord Server https://discord.gg/YWtjBtg6Pp
Join us and level up your smart contract skills! 🔥
Link here: https://lu.ma/napp1u8x
Web3 After Hours Ep. 6
📅 Date: April 18, 2025