Woofun AI reports that a Uniswap governance proposal has emerged seeking to expand the application of protocol fees to the BNB Chain and Polygon networks. This strategic move aims to capture additional revenue streams from high-volume decentralized exchanges operating on these Layer 2 and alternative Layer 1 ecosystems, potentially reshaping fee distribution mechanics across the broader DeFi landscape.

Meanwhile, significant on-chain risks are materializing for large leveraged positions. A major whale on Hyperliquid, holding a long position of 120,000 ETH, is currently facing an unrealized loss of up to $27.92 million. In parallel, institutional infrastructure continues to scale, with JPMorgan's Kinexys platform processing over $1.5 trillion in transactions since its 2020 launch. Regulatory and operational updates also surfaced, including Tiger Brokers' clarification on compliance rectification, Brazilian authorities seizing 1,400 Bitcoin miners suspected of electricity theft, and Polymarket completing private key rotation to migrate assets to KMS.