The last batch of secondary market clones in 2025~

$ONDO / $ZRO

Ondo is advancing the Ondo Bridge, focusing on cross-chain solutions for U.S. stocks/tokenized stocks, developed in collaboration with LayerZero, leaning towards institutional and long-term narratives.

$ASTER

The perpetual platform Aster has launched Shield Mode, providing a protected trading mechanism for high-leverage perpetuals; simultaneously initiating the Stage 5 repurchase plan (starting 12/23), using up to 80% of platform fees daily to repurchase $ASTER.

$JUP

Coinbase has announced that Solana DEX trading in the Coinbase App will be supported by routing from Jupiter, continuously bringing in real order flows for Jupiter.

$WLFI

A new token expenditure proposal has been put forward, planning to use no more than 5% of the unlocked token inventory to promote partnerships and expansion of the USD stablecoin USD1.

$BONK / $DYDX

Bonk has partnered with dYdX, and Bonk.trade will launch a new perp DEX based on dYdX's perpetual infrastructure, with 50% of fees flowing back to the BONK community.

$SOL

The Solana Foundation has launched Kora (fee relay + signature nodes), supporting fee-free transactions and custom fee tokens, lowering the entry barriers for users and applications.

$JTO

The Jito Foundation has returned to the United States and started compliant operations, with the narrative gradually aligning towards "institutional infrastructure."