This week’s Dune Digest captures DeFi’s accelerating evolution—USDe expands to BNB Chain, Coinbase and Morpho drive $114M in lending on Base, Magic Eden moves beyond NFTs with Slingshot, Sonic powers Silo to record TVL, and USDO nears $100M by bridging yield from TradFi into crypto.

This week’s Dune Digest highlights a breakout moment for Web3 infrastructure: Kaia’s parabolic user growth, Ondo’s dominance in tokenized securities, surging stablecoin velocity on Polygon, peaq’s machine economy momentum, and Ostium’s DeFi push into real-world asset perpetuals — all signaling a rapid convergence of traditional finance, real-world utility, and blockchain scalability.

Insights on Kaito, PumpSwap, USDtb, Maple, Berachain

Insights on Zora, Sonic, Euler, Level, Arbitrum

This week’s Dune Digest dives into the shifting dynamics of DeFi — protocols expanding, governance battles unfolding, and institutional capital reshaping on-chain finance.