IDUSDT
Everest / Tether USD
crypto Composite

the irony is that decentralized systems are exactly what's failing to stop this.

you don't need a centralized government ID to solve it open-source cryptographic verification can be entirely private, trustless, and user-owned. But right now, permissionless platforms are being choked out by free automation.

as for reddit being anti-crypto: its not that the entire platform suddenly flipped its worldview, it’s that bots are dirt cheap to deploy. Mass-downvoting threads, manipulating sentiment, and flooding comments with anti-crypto noise is incredibly easy to automate if someone wants to push a specific narrative.

when a handful of coordinated scripts can make a thread look like a consensus, you aren't fighting public opinion

you're just fighting an algorithm

This sounds like a government bot trying to push their bullshit dystopian digital ID on us. 🤔
The Bot problem is real, especially on Reddit, that's suddenly anti bitcoin and crypto.

**Source:** [https://blog.colosseum.com/tokens-api-transparency-alliance-confidential-vesting/](https://blog.colosseum.com/tokens-api-transparency-alliance-confidential-vesting/)
Tokens API, Blockworks Transparency Alliance, Umbra + Streamflow Confidential Vesting, PythCore Upgrade
https://preview.redd.it/turj37td2k4h1.png?width=960&format=png&auto=webp&s=e028033ff22f06eadf15229b5908b9fbef11184a
Colosseum has been hosting more and more IRL dev workshops, startup pitch nights, etc. at our HQ in San Francisco.

If you're interested in attending one of our upcoming events, check out our [event calendar](http://colosseum.com/events?ref=blog.colosseum.com)!
**Here's what's featured in this week's issue:**
* Solana Foundation opens [Tokens.xyz](http://Tokens.xyz) API to everyone
* Blockworks Launches the Transparency Alliance
* Umbra and Streamflow launch confidential token vesting
* Pyth announces PythCore upgrade and plan change
# 🪙 Tokens API
[Tokens.xyz](http://Tokens.xyz) released the Tokens API, a hosted service that gives Solana apps a single canonical reference for every token. Instead of stitching together mints, aliases, and yield variants themselves, apps resolve them all to one canonical ID.
The API is organized into three groups:
* **Collection endpoints**: search for tokens by query, resolve a mint or alias to its canonical ID, pull curated token lists, and batch-fetch pricing and risk data through market-snapshots, variant-markets, and risk-summary
* **By-id endpoints**: from a single assetId, list variants across chains, pull market data like markets, tickers, ohlcv, and price-chart, and read profile, description, and risk details without building a separate scoring system
* **Meta endpoints**: a public health check for monitoring and a whoami call for authenticated first-party apps
More than 90 products already use the API, including Phantom and DFlow, giving builders a trustworthy asset layer to build on
[**Tokens API**](https://docs.tokens.xyz/v1/overview?ref=blog.colosseum.com)
# 🤝 Transparency Alliance
Blockworks launched the Transparency Alliance, an industry group pushing the Token Transparency Framework (TTF) as the standard for token market disclosures. 
When you buy a stock you own a piece of the business, but token ownership is often hard to pin down, and there's no equity-style standard for what issuers have to disclose.
The TTF gives issuers a way to self-disclose and gives tokenholders consistent information to underwrite a token.
It centers on two filings: 
* **B-1** is a one-time disclosure at a token generation event, framed as "the S-1 of digital assets
* **B-2** is a continuously updated filing for mature protocols. 
Both are classification-agnostic and carry completeness labels (Partial or Complete) rather than quality grades.
The alliance launched with 20+ founding members across exchanges, custodians, market makers, funds, platforms, and protocols, including Jito, Jupiter, Meteora, Metaplex, MetaDAO, Umbra, and Colosseum, with a goal of 200+ public disclosures in 2026.
[**Blockworks Launches the Transparency Alliance**](https://blockworks.com/insights/blockworks-launches-transparency-alliance?ref=blog.colosseum.com)
# ⏲️ Umbra + Streamflow Confidential Vesting
Umbra and Streamflow launched confidential token vesting on Solana, combining Streamflow's vesting infrastructure with Umbra's stealth address framework so projects can distribute tokens without exposing who receives them.
Streamflow handles the vesting contract, unlock schedules, and token flow, while Umbra generates a stealth address for each recipient. Tokens land in Umbra wallets that outside observers can't link back to a person or entity, and each new schedule adds to Umbra's shared anonymity pool. The integration runs on Arcium's encrypted execution engine.
The case is structural: roughly $97 billion in tokens unlocked through vesting in 2025, nearly all of it public and traceable, which exposes team, advisor, and investor allocations to doxxing, phishing, and front-running of expected sell pressure.
Streamflow, which recently committed to operating exclusively on Solana, serves 1.3M+ users and 40,000+ projects. Teams access the integration through a standard track with default pricing or a custom track for higher-volume needs.
[**Solana privacy layer Umbra launches confidential vesting with Streamflow**](https://www.theblock.co/post/402549/solana-privacy-layer-umbra-launches-confidential-vesting-with-streamflow-targeting-97b-token-unlock-market?ref=blog.colosseum.com)
# 🔮 Pyth Core Upgrade
Pyth Network announced the Pyth Core upgrade, a rework of its oracle infrastructure that moves Core from free access to a paid subscription starting July 31, 2026. The API stays backward-compatible, so existing integrations don't need code rewrites, but apps have to switch to a new endpoint with Bearer token authentication.
The upgrade brings lower latency, higher update frequencies, and broader feed coverage, including data from 125+ institutional publishers like Fidelity, Tradeweb, Jane Street, Jump, and Cboe.
Pricing starts at $500/month for the Starter plan (crypto, NAV, and indices, with 1-second updates), with Pro bundles from $2,500 to $10,000/month split by asset class across equities, futures, FX, metals, and crypto. Subscription revenue flows to the Pyth DAO and the PYTH Reserve for token buybacks.
Migration is automatic and mandatory on July 31 with brief downtime, and a testnet is available for validation ahead of the cutover.
[**The Pyth Core Upgrade**](https://www.pyth.network/blog/the-pyth-core-upgrade?ref=blog.colosseum.com)
Want early access to the latest products launching from Colosseum?
We're looking for alpha testers to be among the first to try what we're building!
[Apply Now](https://form.typeform.com/to/WahoPO08?ref=blog.colosseum.com)
# ⚡ Quick Hits
[Bringing the Solana Vault Standard to Life](https://x.com/glamsystems/status/2057435890058736059?ref=blog.colosseum.com) \- [@glamsystems](https://x.com/glamsystems)
[Building for the $400B+ Sports Industry on Solana](https://solana.com/news/chiliz-sports-industry-on-solana?ref=blog.colosseum.com) \- Solana
[How to Generate Onchain Random Numbers on Solana with Switchboard VRF](https://www.quicknode.com/guides/solana-development/3rd-party-integrations/generate-onchain-random-numbers-with-switchboard-vrf?ref=blog.colosseum.com) \- Quicknode
[Summary of Solana Validator Discussions May 15-22](https://chainflowsol.substack.com/p/summary-of-solana-validator-discussions-9e0?ref=blog.colosseum.com) \- Solana Validator Talks
[So you want to build on Solana? Start here](https://x.com/joshyote/status/2058535868776759300?ref=blog.colosseum.com). - [@joshyote](https://x.com/joshyote)
# ⚙️ Tools & Resources
[qedsvm](https://github.com/QEDGen/qedsvm?ref=blog.colosseum.com) is a now open-source formalization of the full SVM instruction set in Lean, letting you take a compiled .so and prove it implements your spec.
[Titan Gateway](https://marketplace.quicknode.com/add-on/titan-gateway?ref=blog.colosseum.com) (currently in beta) is a Quicknode add-on that exposes Titan's DeFi meta-aggregation REST API, returning executable Solana swap quotes routed across multiple aggregators in a single call.
[OpenClawd](https://solanaclawd.com/gateway?ref=blog.colosseum.com) is a Solana agentic framework with 50+ agent commands spanning trading and its *leviathan* onchain tooling, plus full-duplex realtime voice with Grok over WebSocket.
# 👩‍🔧 Get Hired
* Trojan Trading is hiring a [Senior Platform Engineer](https://jobs.solana.com/companies/trojan-trading/jobs/80704706-senior-platform-engineer?ref=blog.colosseum.com#content)
* Phantom is hiring a [Frontend Engineer, Growth & Engagement Team](https://jobs.solana.com/companies/phantom/jobs/80693279-frontend-engineer-growth-engagement-team?ref=blog.colosseum.com#content)
* Solflare is hiring a [Mobile Developer](https://www.solflare.com/careers/mobile-developer/?ref=blog.colosseum.com)
* Helius is hiring a [Staff Performance Engineer, Trading Infrastructure](https://jobs.solana.com/companies/helius/jobs/80709224-staff-performance-engineer-trading-infrastructure?ref=blog.colosseum.com#content)
# 📅 Event Calendar
[**Solana Summer Series**](https://luma.com/pebcp9wh?ref=blog.colosseum.com)**, San Francisco, June 2, 2026**
Solana Foundation and Colosseum are hosting an after-work get-together for San Francisco builders interested in agentic payments, stablecoins, and new tech. We'll have food and drinks, some cool Solana swag, and a room full of curious people working on what comes next. And also boba.
# 🎧 Listen to This
# The Gwart Show
Rahul Jain, Head of Trading at Ellipsis Labs, breaks down the reality of market making on Solana, why spot order books struggle against toxic makers, how transactional introspection protects liquidity, and the economics of running prop execution systems.
He also gets into the mechanics of Phoenix's new perps platform, managing oracle attacks on illiquid tokens, and whether decentralized perps are a winner-take-most game.
[**User Flow Is The Ultimate Crypto Moat w/ Rahul Jain**](https://blockspace.media/podcast/user-flow-is-the-ultimate-crypto-moat-w-rahul-jain/?ref=blog.colosseum.com)
[Follow me](https://x.com/mikehale?ref=blog.colosseum.com) on X!
# Thanks for reading ✌️
I hope you found something useful here! If you have any suggestions or feedback just let me know what you think.