Secondary market catalysts—let’s see which project teams are staying focused during this volatile market: KMNO, Kamino Finance launched the USD Benchmark Rate, aiming to serve as DeFi’s 'risk-free rate' reference. ONDO, Ondo Finance has tokenized U.S. stocks and ETFs on Ethereum. WLD, World’s World App has integrated Stripe fiat on-ramps, allowing users to directly purchase crypto assets within the app. ZORA, Zora has added short video support, enabling users to discover and trade short video content on the platform. ARB, Arbitrum is collaborating with Succinct to upgrade the Arbitrum stack to a version that supports ZK proofs (zk-rollup roadmap). ETHFI, ETH Strategy has partnered with http://Ether.fi to incorporate its vault yield strategies and announced plans to deploy on more battle-tested protocols.