Chainlink launches Chainlink Runtime Environment (CRE) to power institutional-grade smart contracts and onchain finance

Daily top performer — Momentum Finance (MMT)



The S&P 500 fell 1.1% as investors grew wary of stretched AI stock valuations, with its forward P/E rising above 23. Losses in tech, energy, and industrials weighed on the index, while defensive sectors and Berkshire Hathaway outperformed. Gold dropped 1% to around $3,970 as a stronger dollar, cautious Fed outlook, and China’s VAT cuts on gold dampened demand. Despite near-term pressure, UBS sees the pullback as temporary with a target of $4,200. The Coindesk Indices, which tracks the broader crypto market, fell 5.69% with Bitcoin and Ether down 5.57% and 10.73%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.

Today’s top performer is MMT, up 544.5%, following Bybit launches $MMTUSDT perpetuals and MMT Megadrop with 400,000 $MMT rewards.

Momentum Finance (MMT), founded in 2022, is a Sui-based on-chain finance platform unifying retail and institutional liquidity. It has raised over $10M from investors like Coinbase Ventures and Circle Ventures. Bybit has launched the $MMTUSDT perpetual contract, allowing traders to trade $MMT with up to 50x leverage. Alongside this, Bybit introduced the MMT Megadrop event, where users can lock $MNT or $MMT tokens to earn from a 400,000 $MMT reward pool, offering a new way to farm airdrops through the CryptoArk program.



Check out the latest prices, charts, and data of MMTUSDT perp and MMT/USDT spot contracts!



Talk of the town

Chainlink launched the Chainlink Runtime Environment (CRE), an all-in-one orchestration layer for building institutional-grade smart contracts with built-in interoperability, compliance, and privacy. Already adopted by major financial institutions and DeFi protocols, CRE enables use cases like tokenized fund workflows and cross-chain settlements, marking a major step toward institutional onchain finance adoption.



Check out the latest prices, charts, and data of LINKUSDT perp and LINK/USDT spot contracts!



BTC spot ETF flows





Yesterday, Bitcoin spot ETFs saw $48.9 million in outflows, entirely from GBTC, while all other ETFs recorded no flows.



Check out the latest prices, charts, and data of BTCUSDT perp and BTC/USDT spot contracts!



Airdrop to watch

Rayls has launched its new EVM-compatible testnet, inviting users to join for free, complete tasks, and earn points. Participants can also try Rayls’ first DEX on the testnet, which enables simple swaps and connects liquidity as part of its vision to build a $100T financial network. The project aims to bridge traditional and decentralized finance, backed by $38 million in funding from ParaFi Capital, Framework Ventures, and other investors.