

Another busy and productive month for us at Reef, June was marked by key ecosystem partnerships, blockchain upgrades, and continued user growth across the network. Here’s a streamlined look at the month, and let’s start with You, the community!
June brought several user-facing improvements and ecosystem optimizations:
Centralized Exchange Support
KuCoin fully enabled $REEF deposits and withdrawals on Reef Chain.
WhiteBIT re-opened $REEF deposits and withdrawals earlier in the month.
Token Activity
Over 2 billion $REEF burned, including 1B on BNB Chain.
Over 3 billion $REEF moved to and from exchanges like Paribu and others.
Wallet Growth
Reef saw 6,000+ new wallets created in June, driven by campaigns like MotoDEX and restored infrastructure.
User Tools
Reef Chain Wallet became available again for iOS users via TestFlight.
Work continued to expand Ledger support, with the Reef app sent to audit and Ledger Flex devices tested internally.
Another busy and productive month for us at Reef, June was marked by key ecosystem partnerships, blockchain upgrades, and continued user growth across the network. Here’s a streamlined look at the month, and let’s start with You, the community!
June brought several user-facing improvements and ecosystem optimizations:
Centralized Exchange Support
KuCoin fully enabled $REEF deposits and withdrawals on Reef Chain.
WhiteBIT re-opened $REEF deposits and withdrawals earlier in the month.
Token Activity
Over 2 billion $REEF burned, including 1B on BNB Chain.
Over 3 billion $REEF moved to and from exchanges like Paribu and others.
Wallet Growth
Reef saw 6,000+ new wallets created in June, driven by campaigns like MotoDEX and restored infrastructure.
User Tools
Reef Chain Wallet became available again for iOS users via TestFlight.
Work continued to expand Ledger support, with the Reef app sent to audit and Ledger Flex devices tested internally.
Reef made strategic moves to grow its presence, partnerships, and brand visibility:
New Principal Partnership: Reef became the principal sponsor of Crawley Town FC in a multi-year deal, strengthening its visibility in the UK sports world.
Campaigns & Activations
Business Development Highlights
Engaged with teams and organizers across West Africa, Nigeria, and Amsterdam for potential hackathons, sponsorships, and collaborations.
Initial calls held with a crypto debit card issuer, on-chain fitness app founder, and RWA protocol exploring Reef Chain onboarding.
Market Making
Reef began working with a new market maker, TripleOne, to improve liquidity across supported exchanges.
Public Presence
Reef appeared on an X Space hosted by Web3 Global to discuss public goods vs. profit in Web3 infrastructure.
June marked critical upgrades and long-term technical improvements across Reef Chain:
Project Deep Current Launched
This is Reef’s first major blockchain upgrade since 2022. Led by Antier, the project involves module updates and internal testing.
Incentive Program Buildout
Backend and frontend development progressed on Reef’s new on-chain incentive system.
$USDC Integration
VIA Labs continued integrating $USDC into its products using Reef Chain.
Data Indexing Restored
Earlier data index issues were fully resolved, restoring functionality for users and partners. Subscan re-started Reef Chain integration.
Ongoing Exchange Integration
Work continued with developer teams to finalize token support for Hotcoin.
June was a month of real progress for Reef, from deep infrastructure upgrades and ecosystem partnerships to renewed community engagement and growing exchange support. Each initiative strengthens our foundation and accelerates our mission to make Web3 accessible, scalable, and user-friendly.
As we move into the second half of the year, we remain focused on building powerful tools, expanding our ecosystem, and supporting the vibrant community that makes Reef possible.
Thank you for being part of the journey. Onward and upward!
Read more about the major updates below
Reef made strategic moves to grow its presence, partnerships, and brand visibility:
New Principal Partnership: Reef became the principal sponsor of Crawley Town FC in a multi-year deal, strengthening its visibility in the UK sports world.
Campaigns & Activations
Business Development Highlights
Engaged with teams and organizers across West Africa, Nigeria, and Amsterdam for potential hackathons, sponsorships, and collaborations.
Initial calls held with a crypto debit card issuer, on-chain fitness app founder, and RWA protocol exploring Reef Chain onboarding.
Market Making
Reef began working with a new market maker, TripleOne, to improve liquidity across supported exchanges.
Public Presence
Reef appeared on an X Space hosted by Web3 Global to discuss public goods vs. profit in Web3 infrastructure.
June marked critical upgrades and long-term technical improvements across Reef Chain:
Project Deep Current Launched
This is Reef’s first major blockchain upgrade since 2022. Led by Antier, the project involves module updates and internal testing.
Incentive Program Buildout
Backend and frontend development progressed on Reef’s new on-chain incentive system.
$USDC Integration
VIA Labs continued integrating $USDC into its products using Reef Chain.
Data Indexing Restored
Earlier data index issues were fully resolved, restoring functionality for users and partners. Subscan re-started Reef Chain integration.
Ongoing Exchange Integration
Work continued with developer teams to finalize token support for Hotcoin.
June was a month of real progress for Reef, from deep infrastructure upgrades and ecosystem partnerships to renewed community engagement and growing exchange support. Each initiative strengthens our foundation and accelerates our mission to make Web3 accessible, scalable, and user-friendly.
As we move into the second half of the year, we remain focused on building powerful tools, expanding our ecosystem, and supporting the vibrant community that makes Reef possible.
Thank you for being part of the journey. Onward and upward!
Read more about the major updates below
On-chain campaigns with MotoDEX reignited, contributing to wallet growth and community engagement.
Ongoing collaboration with Sqwid included announcing Rosewolf as the next featured artist.
Discussions continued around AI tools to enhance developer relations and on-chain discovery.
On-chain campaigns with MotoDEX reignited, contributing to wallet growth and community engagement.
Ongoing collaboration with Sqwid included announcing Rosewolf as the next featured artist.
Discussions continued around AI tools to enhance developer relations and on-chain discovery.
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