Binance extends its USD1 airdrop campaign again.

After Robinhood Chain launched, its decentralized exchange (DEX) trading volume plummeted from a peak of roughly $878 million on July 11 to $241 million on August 1, marking a 72.5% drop. However, other core on-chain metrics rose across the board during this period: daily transaction count hit an all-time high of 13.3 million on August 5; total value locked (TVL) reached a record $433 million on August 6, while stablecoin supply also peaked at $597 million. The trading volume decline is not a market-wide trend: over the same period, total global DEX trading volume rose from $5.27 billion to $7.33 billion, while Robinhood Chain’s share of global DEX volume shrank from a peak of 16.65% to 4.32%. This points to a sharp contraction in average transaction value: DEX volume per transaction plummeted 74% from $105.56 on July 13 to $27.82 on August 4, before rebounding slightly to $39.07.

High-speed optical module manufacturer Applied Optoelectronics (AAOI) released its Q2 FY2026 financial results, reporting revenue of $191.9 million, up 86% year-over-year. The figure slightly beat the market consensus of $190 million, marking the fifth consecutive quarter of record revenue. Adjusted earnings per share (EPS) came in at $0.06, far exceeding the $0.01 expectation; Non-GAAP net profit reached $5.5 million, also well above the $1.7 million forecast. The return to Non-GAAP profitability this quarter is a key milestone for the company. AAOI’s gross margins declined year-over-year: GAAP gross margin stood at 27.7%, down 2.6 percentage points; Non-GAAP gross margin was 29.8%, down 0.6 percentage points. The company issued a conservative Q3 guidance: Revenue is projected between $255 million and $290 million, with a midpoint of ~$272.5 million, slightly below the market expectation of ~$278 million. Adjusted EPS guidance ranges from $0.11 to $0.26, significantly lower than the $0.28 consensus; Non-GAAP net profit guidance is $10.1 million to $24 million, below the $25.2 million forecast; Non-GAAP gross margin is expected to be 29% to 30.5%. AAOI emphasized that market demand remains extremely strong, and will continue to outpace the company’s production capacity through mid-2027, with capacity supply-demand imbalance being the core constraint.

According to Bitget market data, Hong Kong-listed AI stocks are rallying: MINIMAX-W surged over 6%, Zhipu rose 3.77%, and GigaDevice gained 5.58%.

According to Politico, the U.S. Senate has decided to delay the vote on the Cryptocurrency Market Structure Act (the CLARITY Act) until September. Earlier, crypto journalist Eleanor Terrett reported that all parties involved in the Clarity Act are waiting for the White House to respond to or submit a counter-proposal on the bipartisan ethics amendment. Both parties are concerned that if the vote to end debate fails, it could derail the year-long legislative effort. However, industry groups and internal Republican factions are also pushing to move the process forward before lawmakers adjourn. Additionally, yield-related provisions have emerged as a more prominent point of contention, with an increasing number of lawmakers calling for revisions to the bill text.

Pump fun(@Pumpfun) sold another 84,789 $SOL($6.25M) again today! In total, has sold 4,823,325 $SOL($807M) at an average price of $167.4.

Network security firm Cloudflare released its Q2 financial results and raised its full-year profit forecast, projecting adjusted earnings per share (EPS) for 2026 to range from $1.25 to $1.26, up from the prior guidance of $1.19 to $1.20 and exceeding Wall Street analysts’ consensus estimate of $1.20. The company’s second-quarter performance also beat market expectations. Cloudflare noted that as AI applications expand rapidly, corporate demand for network infrastructure and security services continues to grow. CEO Matthew Prince stated that the internet is shifting toward AI answer engines and agent-driven business models, with machine-to-machine traffic reshaping the network ecosystem. Back in May this year, Cloudflare announced it would cut roughly one-fifth of its workforce while advancing its AI agent-first strategy.