Trust Wallet has launched gas-sponsored swaps on Ethereum, allowing users to execute token swaps even with no ETH in their wallet — a major step toward reducing failed transactions and improving the self-custody experience.

Trust Wallet has rolled out a new gas sponsorship system that automatically pays Ethereum gas fees for users during swaps, solving one of the most persistent pain points in decentralized finance: the inability to transact when a wallet lacks native token balance. The update applies to Trust Wallet’s mobile and browser extension versions and currently supports Ethereum, BNB Chain, and Solana.

The upgrade allows users to complete swaps with insufficient native tokens, with Trust Wallet covering the gas cost for up to four sponsored swaps per day. The wallet automatically detects when a user lacks ETH, BNB, or SOL and triggers sponsorship without requiring any additional steps or approvals.

Why Gas Sponsorship Matters for Crypto Users

Gas fees are required for all on-chain actions, regardless of which tokens a user holds. On Ethereum, this means swaps in stablecoins or ERC-20 tokens can fail if the wallet contains no ETH — even if the user has enough value overall.

This longstanding friction often results in:

• Failed swaps
• Needing to purchase small amounts of ETH only for gas
• Confusion among new users who already hold tokens but cannot move them

Trust Wallet’s sponsorship model eliminates this issue by covering the gas directly at the moment of the transaction while maintaining full self-custody. Users still sign their own transactions, and Trust Wallet does not take control of any assets.

How the Feature Works Across Supported Chains

Trust Wallet has implemented gas sponsorship on three major networks, each with its own structure:

Ethereum

• Up to four sponsored swaps per day
• $50 minimum swap size

BNB Chain

• Up to four sponsored swaps per day
• No minimum swap requirement

Solana

• Up to four sponsored swaps per day
• Minimum swap value around $200

The feature currently applies only to swaps, but Trust Wallet confirmed that sponsored token transfers are planned for a future update.

Why Zero-Gas Swaps Are Significant for Ethereum

Ethereum remains the most widely used smart contract ecosystem, but also the costliest. Gas sponsorship removes two major barriers:

1. Needing to maintain small amounts of ETH for routine transactions
2. Failing swaps during periods of network congestion

For users active in DeFi, NFTs, payments, and token trading, the update streamlines the wallet experience significantly.

Trust Alpha: Expanding Trust Wallet’s Ecosystem

The gas sponsorship rollout aligns with Trust Wallet’s broader initiative, Trust Alpha, a wallet-native platform designed for early-stage Web3 projects and rewards. Trust Alpha uses the Trust Wallet Token (TWT) as its access and reward mechanism.

With Trust Alpha, users can:

• Discover early Web3 projects
• Participate in reward campaigns
• Claim incentives directly in-app without external platforms

For builders, Trust Alpha provides immediate access to Trust Wallet’s large user base.

Conclusion

Trust Wallet’s gas sponsorship feature marks a meaningful improvement in user experience across Ethereum, BNB Chain, and Solana. By enabling zero-balance swaps while maintaining full user custody, the wallet removes one of the most common friction points in decentralized transactions.

Combined with Trust Alpha and growing ecosystem integrations, Trust Wallet continues to push toward a more streamlined, user-friendly on-chain experience that doesn’t compromise decentralization or control.

JPMorgan has taken a decisive step into digital asset infrastructure with the launch of MONY, a tokenized money-market fund built on Ethereum—positioning the bank at the forefront of institutional blockchain adoption.

JPMorgan Chase has formally introduced MONY, a blockchain-native money-market fund that tokenizes investor shares directly on Ethereum. The initiative represents one of the largest moves by a global banking institution toward real-world asset (RWA) tokenization, as demand grows for programmable financial products with faster settlement and enhanced transparency.

Why JPMorgan Is Moving Toward Tokenized Funds

The fund arrives at a time when major financial institutions are accelerating blockchain experimentation. MONY, launched with an initial $100 million seed, reflects a broader shift in capital markets where tokenization is becoming a strategic priority. Similar offerings by BlackRock and Franklin Templeton have demonstrated rising institutional appetite, and JPMorgan’s entry strengthens its position in the rapidly expanding RWA ecosystem.

By issuing blockchain-based fund shares as digital tokens, MONY allows investors to interact with a traditional money-market portfolio—primarily short-term U.S. Treasuries—while benefiting from on-chain operational efficiencies. Subscriptions and redemptions can be processed through the Morgan Money platform using cash or stablecoins such as USDC.

How MONY Differs From Traditional Money-Market Funds

MONY’s architecture blends conventional investment principles with blockchain features:

• Tokenized ownership: Investors receive on-chain tokens representing their positions.
• Faster settlements: Blockchain rails reduce operational friction often present in legacy fund processes.
• Transparent record-keeping: Tokenization enhances auditability and improves collateral tracking.
• Flexible liquidity: On-chain execution enables quicker movement of assets across platforms.

Despite these technical enhancements, the fund maintains a traditional exposure profile, focusing on low-risk, short-duration government securities to appeal to established treasury investors.

Expanding Roles in DeFi and Institutional Finance

Beyond investment utility, tokenized funds like MONY are increasingly viewed as high-grade collateral in decentralized finance systems. Their transparency and programmability make them suitable for institutional-grade settlement, lending, and liquidity management.

“We designed MONY to merge modern blockchain capabilities with familiar investment structures,” a JPMorgan representative said, noting that the bank sees tokenized funds as foundational elements for future digital finance products.

The bank also remarked that MONY is part of a larger roadmap to bring more financial instruments on-chain, supporting a future where digital and traditional finance coexist across shared settlement networks.

A Growing Market for Tokenized Real-World Assets

The tokenized fund sector has already surpassed $9 billion in value, driven by rapid adoption from major institutions. Analysts expect the next phase of growth to include broader collateral use cases, cross-platform settlement tools, and regulated digital cash components.

With MONY’s launch, JPMorgan signals that the tokenization of traditional financial vehicles is moving from experimentation into active deployment—setting the stage for more banks and asset managers to explore blockchain-based infrastructure.

Aster, the rapidly growing decentralized perpetuals exchange, has introduced Shield Mode, a high-privacy trading feature designed for users who want to execute leveraged positions without revealing their activity to the market. The update marks one of the biggest advancements in on-chain trading privacy to date and signals Aster’s intention to differentiate itself in an increasingly competitive perps ecosystem.

Aster Introduces Encrypted High-Leverage Trading

Shield Mode enables traders to open perpetual positions with up to 1,001x leverage on Bitcoin (BTC) and Ether (ETH) pairs while keeping all order details hidden from the public mempool and DEX order books. The system offers:

• Instant execution
• Zero slippage
• No public exposure of order size or price
• Isolated margin controls for precise risk management

As part of a promotional rollout, Aster has also waived gas and trading fees until December 31, although Shield Mode trades will not count toward the platform’s ongoing airdrop program.

This upgrade follows Aster’s earlier release of Hidden Orders in June 2025, which made the exchange the first major perps DEX to integrate native order-concealment tools.

Transparency Has Become a Liability for DeFi Traders

While blockchain transparency is foundational to decentralized finance, it has also introduced a structural weakness: traders cannot hide their intent. This has enabled MEV strategies such as:

• Frontrunning – trading ahead of large pending orders
• Sandwich attacks – placing trades before and after a victim’s transaction to extract profit

Because most decentralized exchanges publish all pending activity, large orders often become targets for opportunistic bots, validators, or other traders. Unlike traditional finance, where dark pools and private execution venues offer institutional privacy, DeFi has historically lacked equivalents.

Aster’s Shield Mode directly tackles this problem—providing the benefits of private execution within an open blockchain ecosystem.

Aster Pushes Toward Market Leadership

In its announcement, Aster described Shield Mode as “a protected execution environment for traders who want performance without broadcasting their next move,” framing it as an early building block for the privacy roadmap planned under Aster Chain, the project’s emerging Layer-1 infrastructure.

The exchange has been gaining traction rapidly. In September 2025, Aster briefly surpassed Hyperliquid in perpetuals volume and continues to post strong numbers:

• 24h Perps Volume: Aster ~$4.95B vs. Hyperliquid ~$3.17B
• 30-Day Perps Volume: Aster ~$219.85B vs. Hyperliquid ~$204.35B
• 30-Day DEX (spot) Volume: Hyperliquid leads with ~$6.59B, while Aster records ~$2.72B

Shield Mode gives Aster a powerful differentiator as competition intensifies across decentralized derivatives platforms.

Privacy Is Becoming a Core Theme in Crypto’s Next Phase

Aster views Shield Mode as the starting point for a broader suite of privacy-centric products. The platform is also preparing a Flexible Fee Model, offering:

• Commission Mode: fixed percentage fee per trade
• PnL Mode: traders pay fees only when they make a profit

The industry’s renewed interest in privacy—illustrated by assets like Zcash experiencing a major resurgence—suggests strong user demand for tools that protect strategy, order flow, and execution.

The Bottom Line

Aster’s Shield Mode signals a shift in DeFi: traders increasingly want transparency from systems, not from their own strategies. By merging high performance with private execution, Aster is positioning itself at the forefront of the next evolution of decentralized perpetuals trading.