A week-long project dynamic: Perp DEX monthly transactions are high, Stable II prepaid $1.8 billion, Zcash issues Q4 road map, etc. (1102-1108)

1. NEW ESP FUNDING SCHEME ANNOUNCED BY THE ETA FOUNDATION

The ISF announced the launch of a new Ecosystem Support Programme (ESP) funding scheme to move the funding model from open applications to a more targeted two-track structure: Wishlist (Land List) and RFP (Request for Proposal). The former focuses on key directions such as encryption, privacy, security and community, encouraging developers to come forward with autonomous innovative projects, while the latter seeks solutions that are measurable in terms of specific issues。

2. Perp DEX trading volume exceeded $1.7 trillion, high four months in a row

In October, Perp DEX traded more than $1.7 trillion, with Aster contributing $820.8 billion, Hyperliquid traded $317 billion, Lighter was $272.5 billion, EdgeX was $137.5 billion and so on. In addition, Perp DEX was active during the month of October, reaching 6.46 million users, a record high。

3. The ETA L2 network Linea announces an official on-line dual-currency combustion mechanism

Linea announced a formal up-to-date double-currency combustion mechanism, and all transactions will simultaneously destroy ETH and LINEA to achieve deflation design and enhance long-term value. According to the official statement, all fees are paid at ETH, and after deduction of infrastructure costs, the remainder will be treated proportionately: 20% in the form of direct combustion in ETH and 80% converted to LINEA and destroyed in the context of the Taipei Master Network. The mechanism became effective on 4 November and will be traced back to all transaction costs after 11 September (LINEA token generation event TGE)。

4. ZKsync Founder Alex issues ZK token economic proposals

ZKsync founder Alex published a ZK token economy proposal to introduce two mechanisms, inter-chain interoperability costs and enterprise authorized revenue, to add practical value to the governance of ZK. The proposal states that all values will flow into the governance control system for ZK buyback, destruction, pledge incentives and ecological financing, with the goal of linking network use to the value of tokens。

DeFiLlama data show that ZKsync Era ' s cumulative capture revenue was $30.03 million, but it was mainly accumulated from the first half of 2023 to the first half of 2024, compared to about $640,000 in the previous year, and nearly 24 hours ' revenue was less than $2,000。

5. Stable reserve, phase II, closed, total deposits approximately $1.8 billion

Stable Pre-DepositVault's second-stage deposit channel is closed, and the KYC link will be distributed to the participating address, with 72 hours for each wallet to be certified after the link enters into force. At this stage, approximately 26,000 wallets were involved, with a cumulative deposit of about $1.8 billion。

6. Renzo Protocol completes the first round of REZ buy-back destruction, resulting in a 1.14 per cent reduction in total supply

Renzo Protocol announced that it had completed its first buy-back of the destruction, and used the agreed revenue to repurchase 127 million REZs from the open market, and destroyed 90 per cent of them (approximately 114 million), with the remaining 10 per cent allocated to the ezREZ pledge. The event resulted in a permanent 1.14 per cent reduction in the total supply of REZ。

7. Payments processed by 402 Facilitators exceeded $10 million

According to the x402scan browser, as of the time of issue, the amount of payments processed by 402 Facilitators exceeded US$ 10 million and the number of transactions exceeded 14 million, of which Coinbase processed $8.42 million and processed $5 of US$ 10-1 million, PayAI, X402rs, Daydreams, Mogami and Thirdweb respectively. There are now as many as 14 X402 Facilitators, and competition continues to increase。

8. Brevis announces the launch of Phase II of the Provering Grounds Field Operations

The Zero Knowledge Calculating Platform, Brevis, announced the launch of Phase II of the Provening Grounds Field Operations, which includes 10 ecological agreements involving PancakeSwap, Usual Money, Linea, OpenEden, Kaito and others. The task at this stage is based on the main online protocol, which allows users to earn Sparks credits through genuine interaction, and rewards will be linked to actual usage。

9. ECC Publication of Zcash Q4 2025 Road Map

The founder of Zcash (ZEC), Electric Coin Co. (ECC), issued a road map for the fourth quarter of 2025, which focused on reducing technical debt, enhancing privacy and availability of Zashi wallet users, and ensuring the smooth management of development funds. Key plans include the addition of temporary transparency addresses for all ZEC swaps using the NEAR Intens protocol, the generation of a new transparency address upon receipt of funds, and the Pay-to-Script-Hash (P2SH) multiple signatures supporting Keystone hardware wallets。

10. Criptoys introduced Disney and Star Wars series into the Abstract block chain platform

The Digital Toy Platform Cryptoys announced that its Disney and Star Wars series would go online with the block chain platform developed by the Pudgy Penguins team. The parties will use the simplified registration and unencrypted threshold wallet of Abstract to allow easy purchase, trading and interaction of digital collections by users. The platform is based on encryption techniques based on the Taifung and Zero Knowledge and aims to lower the threshold for the use of block chain entertainment。