[Chain News] On August 8, according to the official announcement, a certain trading platform will launch IP Token in the KRW, BTC, and USDT markets.

Market Trends and Macroeconomic Analysis
Recently, Trump hinted that he might not seek a third term and stated that current Vice President Vance is very likely to become the Republican presidential candidate in 2028. Trump also plans to decide on the new Federal Reserve Board member candidates within this week and announce new tariff policies regarding drugs and chips.
In terms of macroeconomics, former Treasury Secretaries Paulson and Geithner jointly warned that the U.S. Treasury market faces multiple threats, including an unsustainable fiscal path and issues within the political system. Geithner pointed out that, although the current 10-year Treasury yield is relatively mild, key supports such as the rule of law and the independence of the Federal Reserve are facing unprecedented challenges. Trump's decision to fire the head of the Bureau of Labor Statistics has further intensified market concerns about the credibility of official data, particularly posing potential risks to the inflation-protected securities market tied to the CPI.
Weak employment data has led Wall Street to widely expect that the turning point in Federal Reserve policy is approaching. Several financial institutions...

The competition among Layer-1 blockchain projects is fierce, with emerging public chains like Aptos and Sui adopting the Move language, which provides unique advantages, but still require a rich ecosystem. In the future, the application of zkEVM-based zkRollups will be promoted to attract users and developers and enhance interaction efficiency, ultimately forming an Omnichain zkRollup ecosystem that facilitates the development of decentralized exchanges and diverse applications.

DEX: Never truly understood
In the crypto financial system, DEX has always played an intriguing role. It seems to be perpetually online, without downtime, censorship, or exit scams, yet it has long been on the fringes: complicated interfaces, insufficient liquidity, and lack of appeal. During the DeFi explosion, it was seen as an alternative to centralized exchanges; after the return of the bear market, it became a "DeFi era legacy" with the selling points of "security and self-custody." As the industry shifts its focus to new narratives like public chains, AI, and tokenization of physical assets, DEX seems to have lost its sense of presence.
However, in the long run, we will find that DEX has been quietly growing and beginning to shake the underlying logic of on-chain finance. The popularity of Uniswap is just one node in its development history, while projects like Curve, Balancer, Raydium, and Velodrome represent its different evolutionary forms.

The Memecoin trading circle has formed a unique terminology system, including classifications of capital strength, titles from rookie to marshal, and terms describing trading behaviors such as leader, dumping, etc. Investors who master these terms will help understand market trends, but they must be cautious in dealing with high-risk markets.