According to BlockBeats, on August 25th, Entropy announced the completion of a $14 million funding round led by Ribbit Capital, and secured $40 million in HYPE staking support to build improved and new marketplaces. Its first Anthropic pre-IPO marketplace has been launched on Hyperliquid.

Entropy is an HIP-3 market deployer. Entropy allows for perpetual futures trading in global stocks, commodities, and indices, as well as new products such as long-term pre-IPO equity.

The Entropy team, comprised of researchers and traders from Citadel Securities, Optiver, Polymarket, and Millennium, focuses on advancing the capital markets vision: enabling all assets to trade 24/7 in a single venue with deep liquidity. The company is building new trading primitives to address these pain points, with its first innovation being a liquidity-weighted oracle that adjusts the confidence level of external oracle prices based on market executable depth, allowing price discovery to occur directly on the order book.

According to BlockBeats, on August 25th, the Solana community is advancing two governance proposals, SGP-0002 and SGP-0003, aiming to tighten the supply of SOL tokens through a dual mechanism of "reducing new supply + increasing burning." SGP-0003 (detailed mechanism corresponding to SIMD-0553) proposes introducing a transaction fee mechanism based on resource consumption, charging fees according to the network resources used in transactions. This is expected to increase the daily burning of SOL from the current approximately 650 tokens (about $65,000) to 7,500 to 9,000 tokens (about $750,000 to $900,000). The other proposal, SGP-0002 (detailed mechanism corresponding to SIMD-0550), plans to double the annual inflation rate of SOL, bringing forward the minimum inflation rate target of 1.5% to 2029 instead of the originally planned 2032. This is expected to reduce the issuance of approximately 18.9 million SOL tokens over the next six years, worth approximately $1.89 billion at current prices.

Both proposals have entered the voting stage. SGP-0002 saw a voter turnout of 16.71%, with 16.24% in favor, 0.31% against, and 0.16% abstaining. SGP-0003 saw a voter turnout of 13.53%, with 13.23% in favor, 0.27% against, and 0.03% abstaining. Both require a one-third majority to pass.

If the proposal ultimately receives sufficient support, the Solana network will further optimize its token supply structure by combining reduced new issuance with increased fee burning. Voting is still ongoing, and further progress will depend on participation and support levels.