US Macroeconomic Data Goes Onchain

In a landmark step, the U.S. Department of Commerce is now publishing official macroeconomic data from the Bureau of Economic Analysis directly onchain, working with both Chainlink Data Feeds and Pyth Network to distribute and verify the feeds. Key indicators such as GDP, the PCE inflation index, and Final Sales to Private Domestic Purchasers are updated monthly or quarterly and made available across ten blockchains. This historic initiative signals not only the programmability of macroeconomics—enabling new use cases like inflation-linked assets, prediction markets, and advanced DeFi risk models—but also strengthens the shift in the U.S. government’s stance toward crypto, as public institutions increasingly treat decentralized networks as legitimate channels for data distribution. As always, if it’s onchain it’s on Dune, and Entropy has already published the first queries pulling this data live.

Resolv Launches Token Buybacks

Resolv, the protocol behind USR, has launched a weekly buyback program that uses protocol revenues to acquire $RESOLV on the open market and remove it from circulation. Revenue is primarily generated from Core Protocol Fees, set at 10% of returns from the collateral pool, which has already produced over $22M in user yields since launch. Since enabling the fee switch in late July, Resolv has generated over $437K in revenue (run rate >$7M ARR) and executed its first buyback of ~1.05M RESOLV ($170K). By tying protocol usage directly to token value through recurring buybacks, Resolv is creating a transparent and scalable mechanism for long-term alignment and protocol maturity.

Boundless & Kaito Mobilize $36M for ZKC Launch

Boundless, the universal protocol bringing verifiable compute to every blockchain, launched its Mainnet Beta on July 15 and recently introduced ZK Coin (ZKC), its native token that powers proving collateral, governance, and the new Proof of Verifiable Work model. To broaden distribution, Boundless partnered with Kaito to allocate 0.25% of supply to creators between August 25–30, drawing in 14K participants pledging $36M USDC at an average of ~$2.5K each, including over $13M from a single address. This mix of retail engagement and institutional-sized backing underscores strong conviction in Boundless’ design, positioning ZKC as the backbone for zero-knowledge proving across chains.

Aave's Horizon Unlocks DeFi Composability for RWAs

Aave Labs has launched Horizon, a new lending market on Ethereum where qualified institutions can borrow stablecoins against tokenized real-world assets (RWAs). Horizon is already live with a $50M+ market size, of which $7M is borrowed. RLUSD leads with $26M supplied, followed by Superstate's USCC ($11M), USDC ($9M), alongside tokenized Treasuries and CLO fund from Superstate and Centrifuge. Lenders can supply RLUSD, USDC, and GHO, while institutions can post RWA collateral such as USTB, USCC, JRTSY, and JAAA. Built on Aave v3.3, Horizon is designed for compliance while unlocking new yield profiles for stablecoin lenders and liquidity for institutional borrowers. Still early but scaling quickly, Horizon is significant because it brings true RWA composability with DeFi, turning tokenized assets from passive exposure into productive, yield-bearing building blocks of onchain finance.

Privacy Cash Brings Private Transfers to Solana

Launched on August 27, Privacy Cash is a new protocol on Solana that lets users transfer funds without linking past addresses or transaction history. In just its first day live, it processed over 17.5K SOL in volume, with more than 10K SOL privately transferred, 20 SOL in fees, 1,308 transactions, and 416 unique users. These numbers point to a large user base eager to transact privately. Backed by Alliance DAO, the protocol evolves Tornado Cash’s ideals of privacy through zero-knowledge proofs, advancing them with onchain intelligence APIs like Cipherowl AI to enable compliant, bad-actor-blocking transfers that avoid the regulatory pitfalls which ensnared its predecessor. The launch also comes as the Solana Policy Institute pledged $500K toward the legal defense of Tornado Cash co-founders Roman Storm and Alexey Pertsev, underscoring the community’s ongoing fight for privacy tech in the face of regulatory scrutiny.

Nothing in this newsletter constitutes financial advice.

Always do your own research.

Dune Digest is all about cutting through the noise and surfacing the most relevant onchain trends. If you have insights, dashboards, or data-driven stories that belong in the Digest, drop your suggestions here.

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Dune Team

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