This week delivered major cross-chain upgrades, governance shifts, high-stakes exploits, and record-breaking volumes across DeFi and infrastructure networks.
Data and events were compiled by Wu Blockchain, highlighting where capital, development, and risks are moving across the industry.
Base Launches Base – Solana Cross-Chain Bridge
Base officially deployed its Base-Solana cross-chain bridge, enabling two-way asset transfers between the two ecosystems.
The bridge uses Chainlink CCIP custom cross-chain oracles alongside Coinbase nodes for independent message verification.
Base applications can now natively integrate SOL and SPL assets, while users gain access to cross-chain liquidity on platforms such as Zora, Aerodrome, Virtuals, Flaunch, and Relay.
Aave DAO Approves New Multichain Strategy
Aave DAO passed a Temperature Check on restructuring the Aave V3 multichain strategy. The plan includes raising the Reserve Factor on low-revenue chains like Polygon, Gnosis, BNB Chain, Optimism, Scroll, Sonic, and Celo.
If revenue remains insufficient for 12 months, the chains will undergo offline review. The proposal also recommends shutting down Aave deployments on zkSync, Metis, and Soneium and requires future chains to guarantee at least $2M in annual revenue.
Uniswap Surpasses $4 Trillion in Lifetime Trading Volume
Uniswap Labs announced the protocol has exceeded $4 trillion in cumulative trading volume across 2,586 days.
The growth has accelerated dramatically:
- •It took four years to reach $1T (2022).
- •Two years to reach $2T.
- •One year to reach $3T.
- •And six months to hit $4T.
Rainbow Foundation to Hold 20% Equity Ahead of TGE
Rainbow confirmed that the Rainbow Foundation will become the largest shareholder at TGE, holding 20% equity on behalf of all RNBW token holders.
If the company is acquired, the foundation will liquidate its stake and distribute proceeds to token holders.
RNBW will function as the platform’s reward and ownership token, with part of platform fees dedicated to buybacks and real-time rebates. The TGE date will be announced next week.
Aster Reveals H1 2026 Roadmap and L1 Mainnet Launch
Aster unveiled its H1 2026 roadmap.
Key milestones include:
- •Aster Chain L1 mainnet going live in Q1 2026.
- •Launch of staking, on-chain governance, and smart copy-trading tools in Q2.
Throughout 2025, the team completed the Astherus–ApolloX merger, TGE, mobile app release, and multiple CEX listings.
Upcoming December upgrades include Shield Mode, TWAP strategy, and RWA stock perpetuals, with a testnet rollout expected by month-end.
Stable Reveals STABLE Tokenomics Ahead of Dec. 8 Mainnet Launch
Stable, a Tether-backed Layer-1, published the tokenomics for its native token STABLE, which has a fixed supply of 100 billion tokens and does not require gas fees for usage.
Distribution:
- •10% genesis distribution for liquidity and early community activation
- •40% ecosystem development
- •25% team allocation
- •25% investors and advisors
The mainnet launches December 8 at 9:00 PM Beijing Time.
November DEX Aggregator Volumes: Jupiter Dominates With $48B
DefiLlama data shows Jupiter leading November’s DEX aggregator volumes with $48B, operating exclusively on Solana.
Other top platforms include:
- •CoWSwap: $10.95B
- •KyberSwap: $9.48B
- •OKX DEX: $9B
- •1inch: $8.62B
Nearly 50,000 Tokens Created on Monad Chain After Launch
More than 50,000 tokens have been created on Monad within its first week:
- •21,000 were launched in the first 48 hours.
- •Monad DEX volume fell from $60M to under $15M, a drop of over 70%.
- •The chain has accumulated 225,000+ trading addresses and $435M in cumulative DEX volume.
Yearn Finance yETH Pool Exploited for ~$9 Million
Yearn’s yETH vault suffered a major exploit that allowed the attacker to mint nearly unlimited yETH and drain the pool in a single transaction.
- •Estimated losses: ~1,000 ETH (~$9M).
Funds were partially laundered through Tornado Cash, using multiple self-destructing contracts.
Yearn said that 857.49 pxETH (~$2.39M) has been recovered with support from Plume and Dinero, and all recovered assets will be returned to users.
Additionally, SlowMist warned that on-chain “white hat negotiation” messages circulating after the attack are phishing attempts.
USPD Protocol Hit by CPIMP Attack: 98M Tokens Minted, 232 stETH Stolen
The USPD protocol confirmed it was compromised via a CPIMP (Clandestine Proxy in the Middle of Proxy) attack.
The attacker seized admin rights during deployment, waited months, then executed the exploit.
Losses include:
- •98 million USPD tokens minted
- •232 stETH stolen
USPD said the core smart contract logic was not at fault.
Addresses have been reported to exchanges, and the team offered the attacker a 90% return-for-bounty deal.