Fables, a dynamic-fee market-making protocol built on Robinhood Chain with a Uniswap v4 Hook architecture, is approaching the end of its six-week points campaign. The program runs from Aug. 24 to Oct. 5, 2026, and the project previously said on X that Oct. 5 would bring the close of the points program alongside the Fables token generation event, gauge launch, voting and staking. Yet documentation on fables.fi labels that date as unconfirmed, leaving a visible discrepancy between two official channels. The protocol offers liquidity provision for tokenized U.S. equity markets quoted in USDG, including ETH, GLD, SPY, AAPL and NVDA pairs. Fables says fees are assigned through three proprietary models, with a limited offchain keeper able to make temporary adjustments within pre-set bounds. As of publication, the protocol had roughly $8.4 million in deposits and about $75.3 million in cumulative trading volume. The article also lays out the project’s team background, current security disclosures, the mechanics of the points campaign, and the proposed token structure for FABLES and PROLOGUE. It notes that no independent third-party audit report with named auditors, commit hashes, scope and findings has been published so far, and that key token details, redemption contracts and eligibility snapshots remain unsettled.

Kevin Ngo said on X that his account had been hacked, posting 「I GOT HACKED（我被黑客攻击了）」. After the message appeared, FABLE, a meme coin in the Robinhood Chain ecosystem, fell sharply in a short span. Its market cap dropped by more than 90% within two minutes. The token’s market cap was later reported at $1.54 million, after touching a low of $760,000. Its 24-hour trading volume stood at $11.7 million. The move came immediately after Ngo’s post, according to the Odaily newsflash.

Robinhood Chain is moving past its early meme-token frenzy as a broader DeFi stack takes shape around tokenized equities, stablecoins and other real-world assets, according to a PANews report by Nancy. On the trading side, Uniswap has become the chain’s core AMM venue, with more than $20 billion in cumulative volume in less than two months and nearly 95% of daily chain volume on Aug. 27 routed through its V2, V3 and V4 deployments. Uniswap Labs’ pools.trade launchpad, launched on Aug. 5, has also pushed more activity toward V4. Beyond AMMs, the chain is seeing experiments across fully onchain order books, lending, perpetual futures, ve(3,3) tokenomics and OHM-style treasury models. Deepstate is bringing a fully onchain central limit order book model to Robinhood Chain, while Morpho powers the Earn product for USDG savings and yield. Arrow Finance lets users deposit crypto assets, ETFs and tokenized stocks to mint aUSD under overcollateralized vaults. Perpetuals venues are also broadening the use of tokenized equities. Lighter supports tokenized stocks as collateral, and Arcus allows round-the-clock perps trading for crypto and tokenized U.S. equities while also introducing transferable pToken positions. The report argues that the bigger shift is not the replay of old Ethereum DeFi designs, but the growing onchain composability of TradFi assets on Robinhood Chain.

The Financial Times said Moonshot AI, the company behind Kimi, is preparing to release Kimi K3 in the coming days. According to the report, the model is expected to have between 2 trillion and 3 trillion parameters, which would make it the largest AI model developed in China to date. People familiar with the matter told the Financial Times that, on mainstream evaluation benchmarks, Kimi K3 is expected to outperform Opus 4.8, though it would still trail FABLE 5. The report also said the company plans to offer the model as a free downloadable open-weight release. If launched on those terms, Kimi K3 could pose a major challenge to U.S. AI labs including Anthropic and OpenAI.