The decentralized finance (DeFi) sector saw a series of protocol launches and trading milestones this week across multiple blockchains. Initia launched its mainnet with support for assets such as USDC, USDe, sUSDe, and ETH. Halo introduced HUSD, a native treasury-backed stablecoin for the Hyperliquid platform. Users can earn 17% APR on USDC deposits through f(x) Protocol's vault on Morpho. On the Aptos blockchain, Hyperion, a decentralized exchange, reached a new total value locked (TVL) high of $8.6 million and recorded its second-highest daily trading volume of $21.83 million. Aptos' overall TVL rose to $1 billion. Solana's stablecoin market capitalization reached a record $12.8 billion, driven by new decentralized applications. Raydium released LaunchLab, a token launch tool, and EigenLayer added token slashing to its network. Hyperliquid reported a 24-hour perpetuals trading volume of $8.19 billion, TVL of $668.18 million, and app revenue of $1.38 million. Coinbase announced support for ZORA (ZORA) on the Base network, and Binance US enabled ETH and USDC transfers via Base L2. Additional updates include multidimensional transaction fees and new points and rewards programs across platforms.