In this week's newsletter, we analyze ETH ETF performance and shifting institutional interest, Aave horizon and the Uniswap DAO vote to adopt Wyoming's DUNA framework

Welcome to Crypto Risk Review, your concise and clear resource for quickly understanding and navigating crypto and DeFi market risks. Each edition provides a snapshot of critical risk factors and actionable insights derived from Sentora’s DeFi Risk platforms.

Aave’s new Horizon real-world asset (RWA) market is off to a blockbuster start, hitting nearly $50 million in TVL within 24 hours. With over $5 million already borrowed against tokenized U.S. Treasuries and CLOs, the launch underscores the surging momentum in the RWA sector. By offering 24/7 stablecoin liquidity at just 3.24% APY on USDC, Horizon is opening the door for institutional borrowers, as heavyweight TradFi players like VanEck, WisdomTree, and Hamilton Lane begin onboarding.

In 2025, a new breed of public companies has captured the imagination of investors: Digital Asset Treasury Companies (DATCOs or DATs). These entities, often focused on holding cryptocurrencies like Bitcoin as core treasury assets, have raised over $15 billion in capital this year alone, surpassing traditional venture funding in the crypto space.

The U.S. drives crypto growth with clear regulation and laws like the GENIUS and Clarity Acts, easing bank capital rules. As crypto gains recognition—even in mortgages—banks that quickly adapt their infrastructure can gain key advantages in lending and trading.

Welcome to Crypto Risk Review, your concise and clear resource for quickly understanding and navigating crypto and DeFi market risks. Each edition provides a snapshot of critical risk factors and actionable insights derived from Sentora’s DeFi Risk platforms

Shiba Inu jumped 60% in July and 14% in early August amid surging Ethereum inflows. Whale netflow hit a 75-day high, while average transaction size soared 740%, signaling strong high-value investor activity despite price consolidation.

A combination of on-chain data and financial data can be extremely beneficial for reading the market. In this article we dive into some crucial indicators to consider and the current situation

Dogecoin may have started as a meme, but its on-chain data tells a serious story. Key blockchain indicators reveal investor moves and market health. Here are 10 on-chain metrics to track DOGE’s true trajectory—beyond the headlines and hype.

The FHFA has ordered Fannie Mae and Freddie Mac to consider certain cryptoassets as reserves for mortgage affordability, allowing buyers to count crypto held on U.S. exchanges without liquidating. This move could expand access to home loans for crypto holders.

On-chain data analysis can be a powerful tool for understanding Ethereum's complex ecosystem. In thi article we break down key indicators to analyze

On-chain crypto analytics, often referred to as blockchain analytics, is the systematic examination of publicly available blockchain data—transactions, wallet behaviors, smart-contract interactions—to uncover market dynamics, investor sentiment, and potential trading opportunities.

The Trump Administration signaled strong support for crypto by passing the GENIUS Act, which regulates stablecoins. The law allows both banks and non-banks to issue fully backed stablecoins, excludes them from being treated as securities, bans interest payments for holding them, and overrides SEC rules like SAB 121 — paving the way for traditional finance to enter digital assets.

The financial markets are on the verge of a transformation that could redefine wealth creation and dismantle long-standing revenue models, particularly for equity prime brokers.

And a $25 million Series A

Engaging with DeFi protocols involves a spectrum of risks, from technical risk in smart contracts to economic challenges like liquidation risk. Nonetheless, the number of economic risks that should be considered is extensive, and many become increasingly important as position sizes increase.

Decentralized Finance (DeFi) has rapidly evolved to offer a variety of yield-generating opportunities that differ substantially from traditional fixed-income instruments, such as government or corporate bonds. While early DeFi protocols focused on variable yields, fueled by high volatility and driven by token rewards or liquidity provision, markets are maturing to offer products that provide more stable yield streams.

Stablecoins have emerged as one of the most widely used elements of the cryptocurrency industry. The niche’s success may earn it the place of “killer app” for broader crypto adoption.

Decentralized Finance (DeFi) is increasingly converging with traditional finance through Real-World Assets (RWAs). RWAs are tokens that represent real-world value — from government bonds and real estate to private credit and invoices — brought onto blockchain networks. This integration is reshaping DeFi, offering more stable yield opportunities and attracting institutional interest.

With thousands of DeFi protocols across L1s and L2s, choosing where to deploy capital is tough. For institutions, it’s not about hype—it’s about sustainability, security, and long-term potential. Here’s what to look for when evaluating if a protocol is ready for serious capital.

A deep dive into how AMMs offer a unique blend of opportunities and challenges for institutional investors.