OverProtocol (OVER)

Here's your Crypto Watchlist for the Week:

$OVER: Revenue is up 16.5% over 30 days. The World Cup final helped push prediction-market volume above $50B this month. Watching how much activity sticks once the event ends.

$APEX: Revenue jumped 263% over the past week. New TradFi perpetuals, including Lumentum, Rocket Lab, and SOXL, launched this month alongside KYC-free fiat deposits.

$PENDLE: TVL is up 20.5% to $1.11B over 30 days, while @boros_fi crossed $20B in cumulative notional volume.

$YB: Fees are down 48.5%, but price continues to hold up. Deposits reportedly increased 120% in two weeks as BTC holders looked for yield without selling.

$VIRTUAL: Robinhood Chain reportedly crossed $100M in AI-agent trading volume within two weeks of launch. Virtuals sits underneath that activity as the agent infrastructure layer.

$ZRO: A $19.2M unlock arrives July 20 for Strategic Partners and Core Contributors.

$PUMP: Generated $24.5M in revenue over 30 days, with cumulative buybacks burning 15% of supply. Also wa

⚠️Another project shuts down – the market is extremely brutal
Altcoins without strong fundamentals + sustained cash flow can hardly survive this phase…

🚨 Over Protocol officially announces the closure of all projects
☑️ Permanently halted: OverWallet, OverNode, OverFlex, RPC, explorer, APIs…
📍 Reason: depleted financial resources
👉 Even though Layer 1 still exists theoretically, in practice it is almost non‑operational after the team fully withdrew

💰 Previously received strong investment:
Raised ~8M USD (2023)
Backers: SK Inc., Netmarble, NaverZ, DSC Investment…

⏳ From mainnet, staking, NFT to shutdown in less than 2 years
🔥 Community reacting strongly:
- Demanding unstake $OVER, withdraw NFT
and suspecting an “exit scam”

📌 This case shows AE that:
Funding + mainnet alone do not guarantee survival
Anyone else got involved in this project?