Sept 8–Sept 14, 2025 #LookonchainWeeklyReport 🟢 Onchain Overview Last week, the crypto market saw a significant injection of capital, with the stablecoin market cap growing by $3.65 billion. This was met with a surge in DEX activity and major buys from institutions. 🟢 Stablecoin Market The total stablecoin market cap increased by $3.65B. Stablecoins(USDT&USDC) on #Ethereum increased by $1.97B and on #Hyperliquid increased by $533M. 🟢 Spot & Perps Trading Volume on DEXs The DEX spot trading volume reached $109.096B last week, up 15.09% from the previous week. Breakdown: Uniswap: $22.635B (WoW -3.91%) PancakeSwap: $15.347B (WoW -0.01%) Meteora: $7.079B (WoW +23.11%) Meanwhile, DEX perps trading volume totaled $117.47B, a 9.59% increase week-over-week. Breakdown: Hyperliquid: $65.527B (WoW +8.14%) edgeX: $12.748B (WoW +27.84%) BasedApp: $6.242B (WoW +694.15%) 🟢 Institutional/Whale Activity Strategy bought 525 $BTC($60.2M) at ~$114,562 last week and currently holds 638,985 $BTC($73.16M). Galaxy Digital has helped Forward Industries complete the massive purchase of 6,822,000 $SOL($1.58B) at $232 avg over the past 5 days. BitMine bought 82,233 $ETH($370.5M) and currently holds 2,151,676 $ETH($9.7B).