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HumidiFi Developer: Solana is Completely Reshaping Retail Finance, HumidiFi Spread 'Better Than' Binance

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**December 12** At the Solana Breakpoint Conference, Ben—a core member of HumidiFi, a dark pool decentralized exchange (DEX)—stated: “On the path to global transformation, Solana has achieved near-zero-cost, high-throughput settlement with tens of thousands of transactions per second. Anyone worldwide can access it via a new seat-based permission and membership system, entering a fully open, permissionless, Wall Street-grade, programmable global market.” He added that HumidiFi, the DEX his team recently built, offers tighter bid/ask spreads than Binance, with an average execution price delta of just a few basis points. “What’s key to note: this system is completely reshaping retail finance. Retail investors now get better spreads than any traditional brokerage—averaging down to a few basis points.” “Currently, this system accounts for 60% of all on-chain trading volume,” Ben said. “And we’re just getting started.”
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BiyaPay Analyst: Musk Confirms SpaceX Will Go Public in 2026

**December 12: Musk Confirms SpaceX 2026 IPO Reports Accurate** Elon Musk took to X (formerly Twitter) on December 12 to state that reports of SpaceX launching an IPO in 2026 are “accurate.” Multiple media outlets have cited a target valuation of up to $1.5 trillion, with Starlink’s growth and Starship’s progress identified as key catalysts. However, historical data shows high valuations typically face pressure on post-IPO returns. BiyaPay analysts note a successful IPO would significantly lift sentiment across the aerospace supply chain and satellite internet theme—but short-term expectations are more likely to drive front-running and amplify volatility. They recommend monitoring valuation absorption and the pace of profit realization. BiyaPay supports USDT trading for U.S. stocks, Hong Kong stocks, and futures, and offers zero-commission trading on cryptocurrency spot contracts.

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Kamino Labs: Soon to Launch Fixed-Rate, Term-Length Lending Product, Enabling True Interest Rate Price Discovery

On December 12, Mariu, co-founder of Kamino—a liquidity protocol in the Solana ecosystem—announced at the Solana Breakpoint Conference: “We’re set to launch a fixed-rate, fixed-term lending product. Users will choose their desired rate and term, then transact at those parameters.” This setup enables institutions seeking to lock in financing costs to enter the market, while letting asset rotation strategies capture a locked stable spread. Kamino is partnering with Fal X—one of the largest brokers in its target market—with a key subcomponent: “lending intention.” This feature allows both borrowers and lenders to place orders at their preferred rates, enabling true on-chain rate discovery and the formation of an on-chain yield curve.

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Figure has submitted an application to the SEC to tokenize stocks on Solana.

December 12th — At the Solana Breakpoint Conference, Figure’s Executive Chairman Mike Cagney announced: “Roughly a week and a half back, we rolled out another update—essentially a second IPO. We’re issuing a new iteration of Figure equity natively on a public blockchain.” “This issuance skips the DTCC, won’t trade on Nasdaq or the NYSE, doesn’t rely on referral brokers like Robinhood, and won’t use prime brokerage services from firms like Goldman Sachs.” “This is a blockchain-native security, listed on Figure’s proprietary Alternative Trading System (ATS)—essentially a decentralized platform for self-custody, self-trading, and a self-regulated market.” “Investors can link these securities to an ATS wallet (instead of a traditional referral brokerage account) and use the equity in DeFi for activities like collateralized borrowing and lending.”

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Pyth Network has announced plans to establish the PYTH Reserve and conduct a monthly open-market buyback of the PYTH token.

**December 12th** Official sources confirm Pyth Network has launched the PYTH Reserve. Under a structured mechanism, protocol revenue will automatically fund ongoing PYTH token buybacks—directly tying product adoption to network value. Here’s how it works: The Pyth DAO Treasury receives a portion of protocol revenue, then uses those funds each month to repurchase PYTH tokens on the open market. These repurchased tokens form the PYTH Reserve, creating an economic link that injects real product revenue directly into the network’s value.

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DragonVerse, a BNB ecosystem RWA project, has launched its royalty buyback system and engaged in a discussion with CZ on IP on-chain during the BNB Hackathon. CZ stated, "Welcome DragonVerse to the BNB Chain."

On December 12, at the recently wrapped Abu Dhabi BNB Hackathon, Binance CEO CZ and DragonVerse founder Natsuki held a forward-looking, in-depth discussion about the massive development potential of culture and IP on blockchain. CZ expressed strong optimism about this direction during the event, saying, “We welcome IPs like Dragon Ball to the BNB Chain.” Following the conversation, the BNB Chain official Twitter account shared a photo of CZ and Natsuki’s on-site chat, retweeted Natsuki’s post, and replied, “Just keep building.” BNB Chain Growth Lead Nina Rong and the BNB Chain’s official Chinese account also lent their support. DragonVerse subsequently launched a Dragon Ball IP royalty-driven buyback and dividend system. It also announced that the second Dragon Ball series IP asset will join its portfolio next week— a move set to further boost annualized returns and expand the on-chain Dragon Ball universe via additional IP acquisitions.

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Drift Co-founder: Mobile App Set to Launch in Q1 2026

On December 12th at the Solana Breakpoint Conference, Drift co-founder Cindy announced the Solana DeFi protocol will launch a mobile app in Q1 next year. This marks the first native mobile app for a multi-collateral account in the ecosystem, with features including an App Store, native mobile user experience, and upcoming native liquidity provision tools—built to deepen liquidity and speed up trade execution.

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