1inch Aqua reaches new milestone

1inch's Aqua protocol has processed $30 million in swap volume over a three-day period, marking a new record for the platform.​

Key metrics:

• $30M total volume across 3 days
• Single-day volume exceeded $9M
• Record achieved within 10 days of operation

Context:

The protocol previously recorded $9M+ in volume on a single day earlier in the week.​ The sustained growth suggests increasing adoption of the Aqua swap mechanism.​

These figures represent early traction for 1inch's latest protocol iteration, though it remains to be seen whether this momentum will continue as the platform matures.​

KuCoin Pay has introduced the KuCoin Gift Card, an enterprise tool that enables businesses to distribute USDT and USDC globally.​

Key Features:

• Businesses can send stablecoins directly to customers, partners, and employees
• API integration supports bulk issuance for loyalty programs and promotional campaigns
• Recipients can hold, transfer, or spend assets within the KuCoin ecosystem
• Designed to make crypto distribution as simple as traditional e-gift cards

The solution aims to reduce barriers to digital asset adoption by providing familiar gift card functionality.​

Read the full announcement

Degen Chain will officially shut down on August 31, 2026, as the team consolidates resources to focus on Base and POVMarket.​

Key Points:

• The decision reflects a strategic shift from expansion to focused development
• Current momentum centers on Base and POVMarket, the next generation of Degen products
• Maintaining an independent chain requires significant operational overhead
• Resources will be redirected to building new products and experiences

Action Required:

Users must bridge assets off Degen Chain before the August 31 deadline using Stargate Finance.​

The team encourages early migration and thanks the community for their contributions to Degen Chain's development.​