Key Highlights Hyperliquid executed a major deflationary move by purchasing and permanently burning 112,580 HYPE tokens valued at $10.15 million. The buyback was funded from $14.5 million in USDC interest routed to the Assistance Fund on October 3 following its August activation, leaving roughly $4.4 million for future repurchases. HYPE responded by breaking past the ...
Key Highlights $ZCAT launches on Solana with a novel rewards mechanism distributing $ZEC to holders every two hours. CryptoTwitter analyst @Route2FI calculates the structure yields roughly $15 daily per $5,000 invested, implying an 184% APY. The integration underscores Solana’s expanding DeFi versatility and its ability to onboard experimental tokenomics at low cost. New Token $ZCAT ...
Ethena is expanding the collateral backing for its yield-bearing synthetic dollar, $USDe, into basis trades on equity perpetuals, also known as real-world asset (RWA) tokenization…