Key Highlights Trade.xyz swaps track perpetual futures for stocks and commodities on the Hyperliquid crypto derivatives exchange, allowing round-the-clock trading without an expiration date. Ripple Prime manages clients’ collateral and risk, while the dollar-pegged RLUSD stablecoin can be used to back trades after Ripple connected its brokerage to Hyperliquid in February. Nearly $52 million in ...
Key Highlights: Pump.fun has expanded into perpetual futures by serving as an interface layer integrated with Hyperliquid’s backend infrastructure. Trading features support up to 40x leverage on Bitcoin and 25x on Ethereum, accompanied by an updated fee schedule including builder and bridging costs. Regulatory access rules strictly prohibit traders from the United States, U.S. territories, ...
Key Highlights: All 10 constituents of the Bitwise 10 Large Cap Crypto Index registered double-digit gains in Q3, led by Chainlink surging 97.6%, Ether advancing 69.1%, and Bitcoin rising 42.3%. Despite the asset rebound, digital asset-adjacent equities lagged, with shares of Riot Platforms, Hut 8, and Galaxy Digital dropping significantly during the third quarter. Bitwise ...
Key Highlights Cash Cat posted a 12% price gain alongside a 14% increase in perpetual Open Interest, reaching $48.37 million. Bearish headwinds emerged as funding rates dropped, short positions expanded, and perpetual netflow saw approximately $544,000 exit the market. Forced liquidations totaled $7,760, with long traders absorbing the vast majority of liquidations at roughly $7,600 ...
Key Highlights: Market analysts emphasize that Bitcoin’s short-term price movements remain heavily governed by derivatives and “paper bitcoin” rather than underlying onchain spot demand. Despite extreme volatility driven by leveraged bets, improved transparency into order books and positioning is offering participants better market visibility. Industry experts recommend closely tracking key metrics, such as open interest ...
Key Highlights: Robinhood Chain transaction counts plunged 42%, accompanied by a 31% drop in daily active addresses to an average of roughly 322,000. Spot trading volume fell 21% to $7.45 billion, with Uniswap accounting for roughly 77% of that decentralized activity. Despite the lull in spot swaps, total deposits reached $1.04 billion, stablecoin supplies rose ...
Key Highlights: Edgex ($EDGE) recorded an 11% decline over 24 hours amid neutral overall sentiment and derivative outflows. Perpetual Netflows plunged to -$746,000 and Open Interest fell 10.36%, even as spot traders accumulated $1.65 million worth of the asset. Liquidation heatmap data reveals thin liquidity below current levels alongside heavy clusters above, signaling limited downside ...
Key Highlights: Kalshi has proposed a 10-year West Texas Intermediate (WTI) crude oil contract designed to eliminate monthly rollover costs and physical delivery risks at Cushing, Oklahoma. Unlike typical derivatives, the contract cannot be self-certified and requires direct Commodity Futures Trading Commission (CFTC) review due to its quasi-perpetual nature. The initiative emerges amid heated rivalry ...
Key Highlights: London-based asset manager Abraxas Capital Management has been linked to two prominent wallets maintaining substantial short positions on the Hyperliquid decentralized exchange. Beyond major perpetual futures bets against Bitcoin (BTC) and Ethereum (ETH), the addresses hold short exposure to Solana (SOL), Hyperliquid (HYPE), Ethena (ENA), Ripple (XRP), Sui (SUI), and Big Pump (PUMP). ...
Key Highlights: Prediction market Kalshi is expanding into financial derivatives by offering perpetual futures contracts tied to stock market exposure. Unlike traditional futures contracts, perpetual futures have no expiration date and rely on periodic funding rates between traders to track the underlying asset index. The move, following an August filing with the Commodity Futures Trading ...
Key Highlights: Prediction market Kalshi submitted a regulatory filing with the US Commodity Futures Trading Commission (CFTC) to introduce perpetual futures contracts linked to the Pepe meme coin. Just two days after the initial submission, the platform abruptly withdrew the proposal. The sudden withdrawal comes despite Kalshi previously listing other major meme tokens, including Dogecoin ...
Key Highlights: Hyperliquid’s trading volume remains thin amid broader market conditions. The decentralized exchange’s integration with Wormhole expands its access to multiple blockchain ecosystems. Traders are watching the impact on $HYPE liquidity, user adoption, and cross-chain trading activity. Hyperliquid’s Wormhole Integration Puts Multichain Trading in Focus Hyperliquid’s trading volume remains thin, reflecting broader conditions across ...