Dune
Dune
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This week in Dune Digest 18: šŸ’„ $40M exploit hits @GMX_IO šŸ“ˆ Intent surge on @NEARProtocol šŸŽÆ @pumpdotfun fights back with $PUMP šŸ† @maplefinance flips BlackRockā€™s BUIDL šŸ“Š @centrifuge brings the S&P 500 onchain Letā€™s dive in šŸ§µšŸ‘‡
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@Arnno39 @AlsieLC @filippoarman @web3sly 1/ On July 9, @GMX_IO V1 was exploited on @arbitrum with a re-entrancy attack: ā†’ $40M drained ā†’ TVL fell 25% in 48h ā†’ GLP mint/redeem paused ā†’ Stolen funds to return for a $5M white-hat bounty.
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3/ Let's Bonk overtook @pumpdotfun: ā†’ 5 days with >60% of token launches, Pump dropped to 25% ā†’ 70% of graduations ā†’ 2x the revenue But on July 9, @pumpdotfun fired back announcing $PUMP. ā†’ 1T supply ā†’ ICO starts July 12 ā†’ Perps already live on @HyperliquidX
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@Adam_Tehc 4/ @maplefinance has officially surpassed BlackRockā€™s BUIDL fund in AUM. ā†’ $100M added in 24h ā†’ Total AUM: $2.9B ā†’ Ahead of BUIDLā€™s $2.3B A major win for crypto-native asset managers in the RWA race.
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5/ Continuing with RWAs: on July 1, @centrifuge and @SPDJIndices announced the first tokenized S&P 500 Index fund. ā†’ Built on Centrifugeā€™s Proof-of-Index infra ā†’ Managed by Anemoy & Janus Henderson ā†’ Follows @centrifugeā€™s JTRSY ($430M+ TVL)
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