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  <title>Cryptoeconomics: Protocol economics</title>
  <link>https://cryptoeconomics.com/topics/protocol-economics/</link>
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  <description>Coverage filed to the Protocol economics desk.</description>
  <language>en</language>
  <copyright>© 2026 Cryptoeconomics</copyright>
  <lastBuildDate>Sat, 25 Jul 2026 09:00:00 GMT</lastBuildDate>
  <item>
    <title>Ethereum&#39;s Glamsterdam upgrade locks devnet scope around enshrined proposer-builder separation and a 200m gas target</title>
    <link>https://cryptoeconomics.com/news/ethereum-glamsterdam-scope-locked/</link>
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    <pubDate>Sat, 25 Jul 2026 09:00:00 GMT</pubDate>
    <description>Ethereum client teams locked the devnet-0 specification for the Glamsterdam upgrade in June 2026, with enshrined proposer-builder separation (EIP-7732) and block-level access lists (EIP-7928) as the central changes. The bundle targets a 200 million gas limit floor, against roughly 60 million at present.</description>
    <category>Protocol economics</category>
    <category>Market design</category>
    <category>Governance</category>
    <source url="https://ethereum.org/roadmap/glamsterdam/">ethereum.org: Glamsterdam roadmap</source>
  </item>
  <item>
    <title>Solana&#39;s Alpenglow consensus rewrite activates on a community validator test cluster</title>
    <link>https://cryptoeconomics.com/news/solana-alpenglow-consensus-test-activation/</link>
    <guid isPermaLink="true">https://cryptoeconomics.com/news/solana-alpenglow-consensus-test-activation/</guid>
    <pubDate>Sat, 25 Jul 2026 09:00:00 GMT</pubDate>
    <description>Alpenglow, which replaces Solana&#39;s TowerBFT consensus with the Votor and Rotor components, activated on a community validator test cluster on 11 May 2026. The design targets finality of 100 to 150 milliseconds and removes on-chain vote transactions, which account for roughly three quarters of Solana transactions.</description>
    <category>Protocol economics</category>
    <category>Economic security</category>
    <category>Governance</category>
    <source url="https://forum.solana.com/t/simd-0326-proposal-for-the-new-alpenglow-consensus-protocol/4236">Solana Developer Forums: SIMD-0326: Proposal for the New Alpenglow Consensus Protocol</source>
  </item>
  <item>
    <title>Aave passes $1tn in cumulative lending volume</title>
    <link>https://cryptoeconomics.com/news/aave-cumulative-lending-volume-milestone/</link>
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    <pubDate>Sat, 25 Jul 2026 09:00:00 GMT</pubDate>
    <description>Aave reported cumulative lending volume above $1tn in late February 2026, the first decentralised credit protocol to reach that figure. The protocol attributed part of the growth to institutional participation, including its Horizon market for real-world asset collateral.</description>
    <category>Decentralised finance</category>
    <category>Institutions</category>
    <category>Protocol economics</category>
    <source url="https://governance.aave.com/">Aave: governance forum</source>
  </item>
  <item>
    <title>Uniswap activates protocol fee switch, directing swap fees to UNI buybacks and burns</title>
    <link>https://cryptoeconomics.com/news/uniswap-fee-switch-activation/</link>
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    <pubDate>Sat, 25 Jul 2026 09:00:00 GMT</pubDate>
    <description>Uniswap governance activated the protocol fee switch on Ethereum on 28 December 2025, redirecting a share of swap fees to protocol revenue used for UNI buybacks and burns, and extended it to layer-2 deployments in March and June 2026. Cumulative protocol revenue reached about $23.15m by late June 2026.</description>
    <category>Governance</category>
    <category>Protocol economics</category>
    <category>Decentralised finance</category>
    <source url="https://gov.uniswap.org/">Uniswap governance forum</source>
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