Aster, the decentralized perpetuals alternate with backing from Binance founder Changpeng Zhao, generated extra income than Tether within the final 24 hours. According to DeFiLlama data, Aster ranked as the very best revenue-generating protocol previously 24 hours, surpassing Tether and Circle, the 2 main stablecoin issuers. Over the final week, the alternate recorded roughly $93.5…
XRP holders looking forward to yield alternatives have rapidly embraced mXRP, the primary liquid staking token native to the token’s ecosystem. On Sept. 25, blockchain infrastructure supplier Axelar revealed that the product’s preliminary vault of 6.5 million tokens crammed inside two days of launch, forcing it to boost the cap to 10 million. Notably, the…
Decentralized trade platform Hyperliquid is weighing a sweeping proposal that might reshape its tokenomics. The plan, launched on Sept. 22 by DBA funding supervisor Jon Charbonneau and pseudonymous researcher Hasu, requires a forty five% discount within the whole supply of HYPE. Charbonneau and Hasu argue that Hyperliquid’s present setup distorts valuation metrics, leaving the protocol…
Arthur Hayes, chief funding officer at Maelstrom and co-founder of BitMEX, sold 96,600 Hyperliquid (HYPE) tokens for roughly $5.1 million, lower than three weeks after his bullish prediction concerning the asset. Over the weekend, reports emerged that the crypto entrepreneur sold his whole stash of the decentralized trade platform’s native token, sparking considerations about his…
Bitcoin price traded close to $113,000 on Monday after a weekend liquidation that wiped greater than $1 billion in leveraged longs, with derivatives and macro gauges now central to the subsequent transfer. Spot hovers round $112,965 intraday, about 10% under the current peak, as the market digested final week’s Federal Reserve rate cut and a…
Binance founder Changpeng Zhao has backed Aster (ASTER), a brand new decentralized derivatives platform that goals to problem Hyperliquid’s dominance within the sector. In a Sept. 19 post on X, Zhao revealed that Aster had turn into the most important holder of BSC-USDT, aside from Binance’s personal scorching pockets. According to Arkham Intelligence information, Aster’s…
MetaMask is getting ready to embed perpetual futures buying and selling into its interface by an integration with Hyperliquid, based on newly surfaced code leaks on social media. Updates on MetaMask’s public GitHub repository revealed a devoted “Perps” tab and deposit flows for USDC, signaling the addition of leveraged buying and selling options sometimes discovered…
CME Group introduced it might launch options tied to Solana (SOL) and XRP futures by Oct. 13, in accordance to a Sept. 17 statement. According to the agency, the options product will likely be provided on commonplace and micro contracts for each tokens, with expiries obtainable weekly all year long. The alternate mentioned these contracts…
CBOE Global Markets introduced plans to launch Bitcoin and Ethereum continuous futures contracts on Nov. 10, pending regulatory evaluation. According to a Sept. 9 announcement, the brand new product suite debuts on CBOE Futures Exchange with contracts structured as single, long-dated devices that includes 10-year expirations. This design eliminates periodic rolling necessities that characterize conventional…
MYX, the native token of MYX Finance, has rallied more than 200% previously 24 hours, making it the largest gainer on Sept. 9, in response to CryptoSlate data. The token, which powers a BNB Chain-based decentralized change specializing in perpetual derivatives, jumped from round $6.28 to $17.75 at press time. That surge pushed MYX’s market…