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Trader Joe, the decentralized exchange (DEX) dominating Avalanche, has surpassed PancakeSwap. It is now the second-largest DEX by fees generated in the past 24 hours.
According to an Artemis Researcher citing Token Terminal data, the DEX processed over $142 million in trading volume on the last day, with 98% of fees from tokens based in Avalanche. This dominance points to how crucial the DEX is in the high-throughput blockchain, whose on-chain activity has been rising in recent months.
Trader Joe flips PancakeSwap | Source: Emperor Osmo via X Trader Joe also confirmed that it facilitated over $100 million in trading volume through its Liquidity Book. Through this feature, traders can create tailored strategies while benefiting from low fees. The Liquidity Book is designed to significantly enhance efficiency and flexibility versus other traditional automated market maker (AMM) platforms like Uniswap.
In the past 24 hours, Trader Joe processed over $216,000 in fees, above $151,000 recorded by PancakeSwap–a DEX on the BNB Chain ecosystem. While impressive, their combined figure is less than half that recorded by Uniswap, a DEX that’s active on multiple platforms and blockchains, including BNB Chain.
During the same period, Uniswap generated over $1.9 million in trading fees, most of which came from Ethereum, where the DEX is actively used.
Avalanche price trending upward on the daily chart | Source: AVAXUSDT on Binance, TradingView Whether Trader Joe’s will cement its position as the second most active DEX after Uniswap remains to be seen; however, in recent months, the Avalanche ecosystem has been trending following Solana and other low-fee but high-throughput environments, including Ethereum-layer-2s.
Will Avalanche’s Focus On Meme Coins Cement Trader Joe’s Position? More meme coin projects appear keen to deploy on Avalanche’s sub-nets, benefiting from low fees and high scalability. To encourage participation and meme coin projects to launch on the platform, Avalanche Foundation announced a new initiative in late December 2023.
As part of a culture drive, the foundation revealed that it would consider buying meme coins, drawing inspiration from the impact of Bonk in Solana. Through their “Culture Catalyst,” the foundation will explore and acquire potent meme coins deploying on Avalanche.
Considering how viral meme coins can be, it is likely that Trader Joe, a famous DEX on Avalanche, will benefit from this drive. When writing, the foundation has not revealed whether it has bought any meme coin.
Trader Joe’s TVL rising | Source: DeFiLlama However, what’s clear is that Trader Joe has been growing, looking at its total value locked (TVL) in the past few trading weeks. According to DeFiLlama, Trader Joe’s TVL stands at over $172 million, of which more than $126 million are Avalanche-based assets.
Feature image from Canva, chart from TradingView
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Dalmas is an experienced journalist with over a decade in Forex, general finance, technology, and blockchain developments. He is currently a crypto reporter for Bitcoinist, where he covers DeFi, blockchain, DeFi, and latest industry news. His work and that of his partners have been featured in top news outlets, including Forbes, investing.com, CoinTelegraph, and Entrepreneur, among others. He is passionate about technology and politics and is always on the lookout for the latest trends in these fields. He also loves spending time with his family and friends, exploring nature, and traveling to new places. Connect on X: @Dalmas_Ngetich, or message him directly on Telegram here: @Dalmas_Ngetich.
In a significant move for OTC traders, Liquid Markets, operated by DWF Labs, has announced the official listing of four prominent tokens: Joe (JOE), Milady Meme Coin (LADYS), FLOKI (FLOKI), and IoTeX (IOTX). This development opens up exciting trading opportunities for users. Moreover, it allows them to engage in transactions involving these tokens against USDT pairs.
Trader Joe’s JOE, Milady Meme Coin (LADYS), and FLOKI Tokens Added to Liquid Markets Trader Joe is a decentralized exchange (DEX) on the Avalanche (AVAX) blockchain. It launches its native token, Joe (JOE), on Liquid Markets. DeFi services like yield farming, swapping, and staking are available from Trader Joe. Once listed on Liquid Markets, traders can easily access the JOE token. This simplifies trading in the Trader Joe ecosystem by increasing liquidity.
Milady Meme Coin (LADYS) is a notable Liquid Markets addition. LADYS, a Milady NFT meme coin, tokenizes the fully memetically optimized white pill. More meme-based crypto assets will be available after Liquid Markets lists LADYS. This meets rising demand from users entering this market.
Additionally, Liquid Markets now allows FLOKI (FLOKI) token sales. The Floki Ecosystem utility token is FLOKI. Since listing on Liquid Markets, FLOKI is more accessible to traders. This allows them to use it in the Floki Ecosystem and join the meme-inspired token trend.
IoTeX (IOTX) Joins Liquid Markets, Strengthening Machine Open Economics The last of the four new tokens is IoTeX (IOTX). It provides a decentralized platform to strengthen machine open economics. IoTeX began building a decentralized ecosystem where humans and machines can trust and freely interact in 2017. IOTX’s listing on Liquid Markets aims to attract more users to the IoTeX ecosystem, which will boost machine economy innovation and collaboration.
Addition of these four tokens to Liquid Markets will greatly improve trading for all users. Adding tokens gives traders more options and flexibility at Liquid Markets. This allows them diversify and find new investments.
Joe (JOE), Milady Meme Coin (LADYS), FLOKI (FLOKI), and IoTeX (IOTX) are now listed on Liquid Markets, demonstrating DWF Labs’ commitment to providing a complete and ever-changing trading experience. The crypto market changes, but Liquid Markets stays ahead by offering traders a wide range of tokens and encouraging new digital asset ideas.
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Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
A closely followed crypto analyst believes one decentralized video-streaming altcoin project is about to go on a massive rally.
Pseudonymous trader Kaleo tells his 632,300 followers on the social media platform X that Theta Network (THETA), a platform for decentralized video delivery, could soar by more than 200% as the social finance (SoFi) space finds renewed interest.
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”I wouldn’t sleep on THETA here. I’m still incredibly bullish on SoFi over the next few months as you have tokens like ARENA and the FT (Friend.tech) airdrop that will be rolling out and bringing more attention back to the sector.”
Source: Kaleo/X Looking at his chart, the trader suggests that THETA could soar beyond $10. THETA is trading for $3.10 at time of writing, up 10.5% in the last 24 hours.
Next up, the trader says he is bullish on Avalanche (AVAX)-based native governance token of TraderJoe (JOE), the biggest decentralized exchange (DEX) on Avalanche.
“With the AVAX memecoin rush kicking off this week (million dollar of incentives for LP (liquidity pool) staking), JOE is easily still one of my highest conviction plays here.”
Source: Kaleo/X Looking at his chart, the trader suggests JOE will increase to $3.50 around April. Joe is trading for $0.92 at time of writing, up 10.5% in the last 24 hours.
Lastly, the trader is bullish on BNB, the native asset of the world’s largest crypto exchange platform. He takes a look at BNB in its Bitcoin pair (BNB/BTC) to back up his thesis.
“BNB/BTC. Full send soon.”
Source: Kaleo/X Looking at his chart, the trader suggests that BNB/BTC is printing a bullish pattern by setting higher low prices and could soon soar to 0.0102 BTC ($710).
BNB/BTC is trading for 0.008496 BTC ($591) at time of writing, down slightly in the last 24 hours.
The bankrupt FTX exchange emptied its FTT treasury account to a new wallet address on April 18.
Arkham Intelligence's dashboard showed that the transferred assets from the FTT Treasury wallet include 195.87 million FTT tokens valued at approximately $247 million, 1,938 ETH valued at around $6 million, and 6.36 million JOE tokens worth $3.25 million.
As a result, the Treasury wallet now holds only about $205 worth of digital assets, a significant reduction from the wallet's balance, which stood at about $612 million at the start of the year.
FTT, the native token of a now-defunct FTX crypto exchange, once gave customers discounts and privileges during the firm's heyday. However, revelations during the trial of former FTX CEO Sam Bankman-Fried showed that the digital asset was used to manipulate the financial records of the exchange and its affiliated trading firm, Alameda Research.
Since the exchange's dramatic collapse, FTT has plummeted by a staggering 98% from its peak of $84. Over the past month, it has declined by more than 34%, with a further drop of approximately 28% in the last seven days alone.
FTX Europe license remains suspendedMeanwhile, FTX regulatory issues continue amid its bankruptcy proceedings.
According to an April 16 notice, the Cyprus Securities and Exchange Commission (SEC) prolonged the suspension of its European subsidiary license until September 2024.
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The financial regulator's directive mandates that FTX Europe adhere to the Investment Services and Activities and Regulated Markets Law.
Consequently, FTX Europe remains barred from offering investment services, engaging in business transactions, or accepting new clients in light of this regulatory action. The firm is also prohibited from advertising investment services.
Conversely, FTX Europe must fulfill all pending transactions for itself and its clients upon request. Additionally, the SEC mandates the company to reimburse all funds and financial instruments from its clients.
JOE is the platform token of TraderJoe, a decentralized exchange (DEX) on Avalanche. TraderJoe also offers lending and borrowing services through BankerJoe. The JOE token can be staked to receive protocol fees and vote on governance proposals.
Trader Joe is an AMM-based DEX built on the Avalanche blockchain. Most AMM projects on Avalanche, such as Pangolin and Zero Exchange modeled after Uniswap, or Olive and Lydia Finance modeled after Pancakeswap, are inspired by other famous projects on Ethereum and BSC.
Despite its recent launch, Trader Joe (JOE) surpassed Pangolin (PNG) in August to become the AMM DEX with the largest TVL in the Avalanche ecosystem, reaching $500 million in TVL.
Trader Joe’s unique feature is combining DEX with Lending & Leveraged Trading, helping increase liquidity and attracting more funds to the project.
Trader Joe is primarily a DEX responsible for providing swap and trading services. However, this project also offers other essential DeFi features like staking, yield farming, and lending. Additionally, Zap, a new feature of the project, allows users to change LP tokens with a single click.
There are two use cases for the JOE token:
Governance: JOE token holders have a say in decision-making. Proposals are determined with JOEVOTE.Reward to token holders: JOE is given as a reward to stakers, farmers, and liquidity providers.Additionally, Cryptofish and 0xmurloc are co-founders of JOE, while Hruday serves as the frontend engineer.
Overall, Trader Joe takes a long-term approach to governance. The Grow Club is Trader Joe’s first governance panel, a Community Club overseeing the selection and ongoing management of the platform’s Community Farms. This initiative helps Trader Joe operate as a fully decentralized and transparent ecosystem while solidifying the platform’s status as the number one liquidity provider on Avalanche.
Moreover, xJOE is the primary staking mechanism in the Trader Joe ecosystem. When you stake your JOE, you effectively exchange your JOE for xJOE. Over time, holding xJOE tokens will always earn you more JOE.
How to Buy JOE Coin?JOE Coin can be quickly and securely purchased via Binance, the world’s largest cryptocurrency trading platform by trading volume.
To buy JOE Coin, you first need to register on Binance and then send fiat currency. After sending fiat currency such as dollars, you can buy JOE trading pairs by purchasing BUSD, Bitcoin (BTC), Binance Coin (BNB), or Tether (USDT).
Additionally, users can place a purchase order at a lower value on Binance, not just at the market value. To do this, use the Limit tab and enter the amount you want to buy and the price you want to buy it at.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Home Altcoins Binance to Remove 9 Spot Trading Pairs on August 23
Binance, the world's largest cryptocurrency exchange, has announced the delisting of nine spot trading pairs including the following cryptocurrencies: ARKM, CHZ, ENA, FIRO, IOTA, JOE, OMNI, REZ and SUPER.
These pairs will be removed from trading opportunities against fiat and crypto pairs, such as TUSD, EUR, BTC, FDUSD, TRY and BNB, as of August 23 at 06:00 CET. However, the affected tokens will still be available for trading via other pairs on the platform.
The delisting decision is part of Binance’s ongoing efforts to improve trading quality and market efficiency. The exchange regularly reviews trading pairs, focusing on liquidity and volume, and removes those that do not meet its standards to protect users and maintain a high-quality trading environment.
The move has sparked reactions in the crypto community, with some price volatility being seen as traders adjust their strategies. Binance advises users to review and possibly adjust their trading strategies, especially those using automated bots, as spot trading bot services for these pairs will also be discontinued.
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Trader Joe (JOE) is a decentralized trading platform built on the Avalanche network. The development team combined DEX services with DeFi loans to offer leveraged trading services. The origin of Trader Joe stems from a desire to echo the rising dominance of the Avalanche blockchain, create a unique and truly innovative trading platform, and serve a global and emerging audience on the frontier of the DeFi industry.
What Is Joe (JOE)?Since its launch, the platform has attracted over 4 billion dollars in assets and gained support from some of the most recognized investors in the industry. Trader Joe set out to serve the community at the edge of DeFi with innovation, rapid development, and most importantly, secure construction. The ultimate goal is to create a trading platform that provides users with a true one-stop DeFi experience.
On Trader Joe, services such as Swap, Stake, Farm, Lend, Borrow, and Leverage are all integrated under one roof. Platform users will have a highly accessible DeFi trading platform by fully integrating themselves into it.
JOE Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. JOE Coin is traded on Binance in the JOE/BTC, JOE/USDT, and JOE/BUSD pairs.
To buy JOE Coin (JOE), you must first become a member of the Binance exchange. After completing the membership, you need to transfer cryptocurrency or fiat currency to your Binance wallet. Once the transfer is completed, you can purchase JOE Coin from any of the three pairs mentioned above. For purchasing through the JOE/USDT pair, you must first navigate to the interface of this pair. In the JOE/USDT interface, you enter the desired amount in the field provided under the limit tab. After specifying the amount, you can complete the purchase by placing a Buy JOE order.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
3 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
3 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
3 minutes ago
South Korea's KOSPI index climbs back above the 9,000 mark, up 6.25% on the day.
According to Bitget data, South Korea’s KOSPI index has returned to the 9,000 level, gaining 6.25% on the day.
3 minutes ago
Silver plunged 6% intraday, breaching the defense of long positions, as a smart money entity reaped $2.16 million in shorting profits.
According to Hyperinsight’s monitoring, the Silver (SILVER) contract on Hyperliquid is currently priced at $56.78, down 6.34% over 24 hours, with a trading volume of $263 million, ranking first in the precious metals sector. Driven by gold prices falling below $4,000 and safe-haven funds flowing back into chip stocks, short sellers have reaped significant profits. Notably, smart money address 0x49e has been shorting Silver on 3x leverage since April 29 at a high of $78.79, holding a position worth $5.77 million, and has already booked a precise profit of $2.16 million (+81%). On-chain Silver whales are overall bearish: the nominal position size of short sellers is approximately 1.5 times that of long positions. The average entry price for short positions is around $65.05, and the current price is 12.7% lower than this level. Long positions are overall trapped, with an average entry price of about $59.75, roughly 5% above the current price. Current short sellers have sufficient safety margins: the nearest short liquidation line stands at $77.18, some 36% above the current price, meaning short sellers face almost no liquidation pressure. Address: 0xe9ffe7698f46f96f980f2877e18c43f5b4165903-HyperInsight Bot is now live. Add @HyperInsightBot to your TG group and set it as an admin (enable message sending permission) to automatically sync on-chain updates.
3 minutes ago
China's Supreme People's Procuratorate announced a major drug-related money laundering case: Li Moubo laundered over 48 million yuan via virtual currency and was sentenced to death after combined punishment for multiple crimes.
On June 25, China’s Supreme People’s Procuratorate (SPP) held a press conference. Miao Shengming, SPP’s deputy procurator-general, stated that procuratorial organs are thoroughly investigating both self-money laundering and third-party money laundering crimes, and vigorously promoting the recovery of drug-related assets to ensure full coverage in the investigation and punishment of drug-related money laundering offenses. From January 2025 to May 2026, procuratorial bodies nationwide prosecuted more than 1,200 individuals for drug-related money laundering crimes. A notable example is the major cross-border case of drug smuggling, trafficking, transportation and money laundering involving Li Moubo and others, which was supervised by the SPP and handled by Chongqing’s procuratorial organs. Li laundered over 48 million yuan via virtual currency and was sentenced to death after receiving combined punishment for multiple crimes in accordance with the law. (Xinhua News Agency)
Renzo's liquid restaking token (LRT), ezETH, experienced a significant depegging event that liquidated millions from “loopers” using the token as collateral on leverage protocols like Gearbox.
According to data from CoinMarketCap, the digital asset's value plunged to a low of $2,755 before recovering to its current level of $3,178 as of press time.
Notably, decentralized exchange Uniswap witnessed a more severe depegging of ezETH, with its value dropping to as low as $700, attributed to liquidity challenges.
Renzo is a prominent liquid restaking protocol, with over $3 billion worth of assets locked on its platform, according to DeFillama data.
Liquidation galore
The DeFi protocol Gearbox confirmed that the depeg led to the liquidation of several Credit Accounts.
The protocol's founder, 0xmikko, provided more insights into the situation, saying:
“115 Credit Accounts were liquidated, 10,650 ezETH were sold on Balancer pool. Liquidation losses of 25.77 ETH were automatically covered by internal Gearbox reserve fund, no action needed.”
Simultaneously, Cork Protocol, another DeFi platform, explained that the liquidations caused a substantial sell-off of ezETH previously held as collateral. This flood of supply overwhelmed the market, driving the price of ezETH down to 0.2.
Interestingly, these liquidations occurred alongside the release of Renzo's native REZ token, sparking the emergence of Renzo-related phishing scams on social platform X (formerly Twitter).
Web3 security firm Scam Sniffer identified two instances where Renzo users cumulatively lost more than $500,000 to a malicious permit signature scam.
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Amidst this market turmoil, trader czsamsunsb.eth capitalized on the situation, investing 4,099 ETH to acquire 4,221 ezETH. This move proved lucrative, as the trader earned a remarkable profit of 121.65 ETH, per Lookonchain's findings.
What does this mean for LRTs?Crypto analyst Tommy explained that the depegging represents a significant risk across all LRTs, even with withdrawal options enabled. He noted that a depegging event in a decentralized exchange (DEX) pool could occur due to temporary imbalances.
Similarly, DeFi researcher Ignas warned of potential exacerbation in LRT depegging, mainly if Eigenlayer, the platform where these tokens operate, introduces two key upgrades of slashing and permissionless AVS.
Ignas explained that an AVS malfunction leading to slashing could reduce restaked ETH balances by a hypothetical 5%. While this might seem manageable for direct Eigenlayer stakers, it could trigger substantial disruption to LRT pegs due to liquidity concerns and subsequent panic-driven mass withdrawals.
He noted that while prices may stabilize post-slash, the interim period could witness harsh liquidations, and the risk of slashing grows as more AVSes come online.
Consequently, he added:
“It's all FUD right now as slashing won't derail Eigenlayer but LRTs 1) with low liquidity 2) and are widely accepted as collateral can cause disproportional damage.”
Curators may now create custom lending markets by using this distinctive, institutional-grade lending infrastructure . Over the course of seven months, Gearbox users have created $2.8 billion in trading volume across Ethereum DEXs. Gearbox Protocol, which has a USDC vault curated by Re7 Labs, has debuted on Etherlink. The deployment uses treasury-backed tokens like mTBILL, mBASIS, and mRe7YIELD to provide institutional-grade strategies to the Tezos Layer 2.
As DeFi’s credit layer, Gearbox links customers looking for composable leverage across return-generating options with passive liquidity providers. Curators may now create custom lending markets by using this distinctive, institutional-grade lending infrastructure thanks to the introduction of permissionless.
“We’ve been looking for the right L2 to expand Gearbox Permissionless, and Etherlink’s performance metrics and ecosystem convinced us,” said Mikhail Lazarev, Founder and CTO at Gearbox Protocol. “When you can get soft confirmations in under 500ms with fees that are negligible, combined with well-known DeFi protocols, it opens up entirely new possibilities for capital efficiency in leveraged strategies.”
As a vault curator, Re7 Labs contributes substantial experience, overseeing more than 700 million TVL over more than 100 pools on 14 blockchains. Re7, one of the leading DeFi curators in the world, uses unique risk management frameworks to generate profits. In order to increase underlying returns while upholding cautious risk criteria, the vault technique loops return-bearing tokens against USDC.
Evgeny Gokhberg, Managing Partner at Re7 Capital, said: “Etherlink’s infrastructure and Gearbox’s credit layer give us the ideal foundation to scale our strategies. We’re bringing institutional-grade yield to a new audience with the same discipline and risk management we apply across $1B+ in DeFi capital.”
Incentives from Apple Farm Season 2 and GEAR token payouts from the Gearbox DAO will also help the vault. Over the course of seven months, Gearbox users have created $2.8 billion in trading volume across Ethereum DEXs, and the protocol’s TVL increased by 230% to $400 million in H1 2025.
“Having Gearbox launch on Etherlink was a big win for us,” said Anthony Hayot, Head of DeFi Adoption at Nomadic Labs. “They bring serious institutional credibility, four years, zero hacks, $400 million TVL, and a product that will give real value to Etherlink users.”
For more over four years, Gearbox has had a perfect security record with no vulnerabilities or bad debt. The protocol operates under stringent governance mechanisms with 24-hour timelocks for vault parameter changes, and it has made large investments in audits by respectable firms.
Following the successful launch of Apple Farm Season 2 with over $3 million in incentives, the integration of Curve Finance to enable low-slippage stablecoin swaps, the launch of Liquid Bitcoin (LBTC) by Lombard Finance, and a 68.4% TVL increase in July that placed Etherlink among the fastest-rising Layer 2s, the Gearbox deployment comes after a period of significant momentum for Etherlink.
Through Credit Accounts and carefully chosen vaults overseen by knowledgeable asset managers, the decentralized credit layer known as Gearbox Protocol makes it possible to use composable leverage across DeFi possibilities.
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Gearbox is nearing its previous TVL all-time high.The protocol’s TVL slumped massively last year.Gearbox has never suffered bad debt.For some DeFi projects, when airdrop rewards dry up, it kickstarts a terminal liquidity decline from which they don’t recover.
DeFi lending protocol Gearbox has defied that pattern.
Last year, its total value locked fell 80% from its $410 million peak. Users caused the slump by abandoning Gearbox when opportunities to farm airdrops of restaking services like Renzo shrank. TVL is a metric that measures the amount of deposits to a DeFi protocol.
Yet, Gearbox’s TVL has since bounced back to $340 million, DefiLlama data shows. The TVL includes funds borrowed on the protocol.
“A significant aspect of Gearbox’s comeback strategy was integrating assets no one else can,” a Gearbox team member who goes by Mugglesect told DL News.
For instance, Gearbox users can tap into illiquid assets available on protocols like Mellow Finance, a $430 million liquid restaking protocol.
Mugglesect said Gearbox is betting that this growth is anchored in users actually leveraging the protocol rather than chasing the next speculative farming craze.
Gearbox’s revival comes amid a resurgence in crypto’s lending sector that has pushed deposits to $130 billion, catapulting the sector to the summit of DeFi, even overtaking liquid staking, previously the biggest sector.
Unique advantageGearbox is small compared to giants like Aave and Morpho, whose deposits are in the tens of billions of dollars.
But it has a unique advantage: so-called credit accounts, Mugglesect said. These are smart contract wallets inside the Gearbox app that allow users to deploy leveraged capital across several DeFi markets for trading, staking, or providing liquidity.
Users deposit approved collateral like Ether on Gearbox to open a credit account. Based on the account’s leverage limits, they can borrow multiples of their collateral to use as capital to stake on Lido to earn staking yield, provide liquidity on Curve to receive boosted rewards, or trade perpetual contracts.
“You don’t just loop an asset, you borrow up to [40 times] your capital in a credit account and utilise it across DeFi, turning any integrated DeFi protocol leveraged,” Mugglesect said.
“Credit accounts can also connect to assets that aren’t on [decentralised exchanges] or aren’t even tokenised, something traditional lending protocols can’t do.”
Gearbox’s credit accounts offer composability, which means users can integrate across several DeFi markets via the platform.
That’s not possible on other protocols, such as Aave, Morpho, or Compound. There, users must manually transfer borrowed funds to other DeFi apps if they want to farm or stake.
Risk curatorsIn March, Gearbox launched a new lending market called Permissionless. It has been a major boon for the protocol, with credit accounts on Permissionless accounting for $250 million of Gearbox’s TVL.
Permissionless features risk curators. These are DAO-approved managers who define the assets and DeFi strategies that can be used with a Gearbox credit account. They also set the allowable risk parameters, like leverage limits and liquidation thresholds, to keep credit accounts safe for users.
Usually, the Gearbox DAO approves new assets that can be added to the protocol via a governance vote.
“Permissionless enables risk curators to onboard new markets to Gearbox without the DAO intervention,” Mugglesect said.
Under Permissionless, Gearbox has added five new blockchains and more than 25 markets to its lending stack while tripling the protocol’s market expansion, Mugglesect said.
“The protocol is already on 27 [blockchains], the most of any lending protocol,” Mugglesect said. “We’ll be doubling down on more such integrations to create sticky growth.”
Zero bad debtBut with crypto lending comes risks. As Gearbox swallows up more liquidity, the peril for lenders could increase.
The team takes a proactive approach to unforeseen events by forking the networks eight times a day to test against black swan events, Mugglesect said.
Gearbox has already proven its chops in navigating periods of market upheaval, Mugglesect said.
Last year, ezETH, Renzo’s Ethereum liquid staking token, lost its peg to Ethereum due to confusion over the protocol’s airdrop. Users couldn’t redeem ezETH for Ethereum, and that caused a massive selloff on exchanges.
The ezETH depeg caused $56 million worth of user positions to be liquidated, with $33 million of those losses happening on Gearbox due to the protocol’s popularity among restaking airdrop farmers.
Yet Gearbox didn’t suffer any bad debt thanks to its design. That design separates lenders, risk curators, and active borrowers into different layers within the protocol.
It even earned a profit from the ezETH depeg liquidation, whereas Morpho, the second-most affected protocol in the ezETH depeg incident, incurred about $34,000 in bad debt.
The protocol boasts a bad-debt-free track record since its inception in 2021.
Osato Avan-Nomayo is our Nigeria-based DeFi correspondent. He covers DeFi and tech. Got a tip? Please contact him at [email protected].
Somnia is integrating with Gearbox Protocol to enable SOMI and USDC markets, giving users access to leveraged DeFi strategies and credit accounts on the highest-performance EVM blockchain. Gearbox will also participate in the Somnia Liquidity Points program, meaning early users can earn rewards while exploring these new leverage capabilities.
Gearbox Protocol has established itself as a leader in composable leverage, processing over $1.5 billion in assets through its curator network. Unlike traditional leverage platforms that confine users to internal order books, Gearbox operates as a credit layer that allows borrowed capital to flow across the broader DeFi ecosystem.
With this integration, SOMI holders will have the option of using Gearbox’s credit accounts, where users can deposit SOMI as collateral and borrow against it to execute leveraged strategies across DeFi protocols. This brings new utility to the SOMI token and gives holders additional opportunities for putting their assets to work.
With Gearbox Protocol, Somniacs can maintain exposure to SOMI while accessing liquidity to trade, provide liquidity, or deploy capital across multiple protocols at the same time. The credit account model allows these operations to happen through a single interface rather than requiring users to manage separate positions across different platforms.
Gearbox handles the complexity of margin management, liquidation thresholds, and position monitoring. Users interact with a credit account that automatically manages collateral ratios and exposure limits based on the assets they’ve deposited. For someone holding SOMI who wants to participate in a yield opportunity on another protocol, this removes the friction of unwinding positions or fragmenting capital across multiple wallets.
Gearbox has an established user base that understands leverage, knows how to manage risk, and actively seeks opportunities to deploy capital efficiently. The integration creates a pathway for these DeFi users to discover Somnia through a familiar interface. Someone using Gearbox on another chain can now access SOMI and USDC markets, start building positions, and gradually explore what else exists in the ecosystem.
Leveraged DeFi strategies generate massive volumes of onchain activity. Many leverage protocols struggle with this volume because they’re built on infrastructure where every action carries meaningful latency and cost.
Somnia’s architecture changes this calculus. When a protocol can process over 1 million transactions per second with sub-second finality and sub-cent fees, the constraints that normally limit leveraged strategies start to disappear. Sophisticated trades that involve multiple steps, continuous rebalancing, or frequent position adjustments become viable in ways they aren’t on slower chains.
This applies to automated strategies that might rebalance dozens of times per day, structured products that need to adjust positions based on real-time data feeds, or credit protocols that need to perform constant health checks across thousands of positions. Gearbox strategies that would be prohibitively expensive to run elsewhere become practical on Somnia because the infrastructure can handle the transaction volume these operations generate.
Beyond individual users deploying leverage, Gearbox functions as composable infrastructure that ecosystem projects can integrate without building their own credit systems.
This approach reduces development time and security risk. Credit systems are notoriously difficult to build safely because they involve managing other people’s money under volatile market conditions. By using Gearbox as infrastructure, projects get code that’s been stress-tested across multiple market cycles rather than building their own systems that might have undiscovered vulnerabilities.
For gaming specifically, this opens new design space. A battle royale game could let players leverage their token holdings to enter higher-stakes tournaments. A strategy game could enable borrowing against in-game assets to fund expansion. A prediction market could offer leveraged positions on match outcomes. These features would typically require extensive DeFi expertise to implement safely, but Gearbox makes them accessible to game developers who understand their players but don’t necessarily understand the complexities of DeFi.
Somnia will provide $5 million in initial liquidity to activate the SOMI and USDC markets, giving users sufficient depth to execute strategies without excessive slippage.
This initial liquidity serves as a foundation rather than a permanent commitment. As users deploy capital and market makers add liquidity, the markets will develop their own depth and trading activity. The goal is to reach a point where the markets are self-sustaining, with enough participants that the initial bootstrap capital becomes a small fraction of total liquidity.
Invariant, a leading multichain AMM DEX, will act as a curator, setting parameters like collateral ratios, borrowing limits, and risk thresholds. These parameters determine how much users can leverage, which assets can serve as collateral, and when positions face liquidation. Getting these settings right is important because overly conservative parameters limit utility while overly aggressive ones create systemic risk.
Gearbox’s participation in the Somnia Liquidity Points program means users who provide liquidity or engage with the new markets can earn rewards. Adding Gearbox to the mix gives users another avenue to accumulate points while accessing professional-grade leverage infrastructure.
If you haven’t joined the Liquidity Points program yet, now is the time. Visit the Somnia Liquidity Points dashboard to connect your wallet, explore eligible pools, and start earning.
Chainlink is a decentralized oracle network that acts as a secure bridge between blockchains and the real world. Chainlink has announced its strategic integration with Gearbox protocol, a generalized, composable leverage protocol for lending assets across various decentralized finance (DeFi) ecosystems. The main purpose of this integration is to ensure accurate pricing for Gearbox’s AUSD, MON, and USDC markets on Monad.
Chainlink is renowned worldwide for its efficient work in connecting blockchains with the real world. On the other hand, Gearbox is also facilitating users in terms of lending across DeFi, as per the source, Gearbox holds over $ 175 M in total value locked. This figure also supports the efficient and trusted services by Gearbox. Chainlink has released this news through its official X account.
Chainlink and Gearbox Alliance Elevates DeFi Security on Monad The alliance of Gearbox protocol and Chainlink price feeds will empower the whole infrastructure, especially for AUSD, earnAUSD, MON, and the largest USDC liquidity pool on monad. Chainlink helps Gearbox by reducing liquidation errors in accurate asset pricing. This will happen with Chainlink’s specialized features for price feed, and at the same time, open a smooth and safer leverage and credit account operation.
In this integration, Monad, which is a high-performance, EVM-compatible Layer-1 blockchain, plays its role to solve the problems related to Ethereum’s scalability. This integration is basically to enhance the DeFi security system on Monad for serving humanity.
Building a More Secure DeFi Ecosystem Chainlink and Gearbox ally to change the security infrastructure for users’ safety and trust all over the world without any errors. Both platforms have a huge number of users that support the efforts of both platforms, which always have only one aim: to bring beneficial innovation for users.
Moreover, their security is much stronger, and for that purpose, they never believe in any other third party for holding users’ details. In short, this integration is purely based on bringing safer, more scalable, and ready for larger capital inflows.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
3 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
3 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
3 minutes ago
South Korea's KOSPI index climbs back above the 9,000 mark, up 6.25% on the day.
According to Bitget data, South Korea’s KOSPI index has returned to the 9,000 level, gaining 6.25% on the day.
3 minutes ago
Silver plunged 6% intraday, breaching the defense of long positions, as a smart money entity reaped $2.16 million in shorting profits.
According to Hyperinsight’s monitoring, the Silver (SILVER) contract on Hyperliquid is currently priced at $56.78, down 6.34% over 24 hours, with a trading volume of $263 million, ranking first in the precious metals sector. Driven by gold prices falling below $4,000 and safe-haven funds flowing back into chip stocks, short sellers have reaped significant profits. Notably, smart money address 0x49e has been shorting Silver on 3x leverage since April 29 at a high of $78.79, holding a position worth $5.77 million, and has already booked a precise profit of $2.16 million (+81%). On-chain Silver whales are overall bearish: the nominal position size of short sellers is approximately 1.5 times that of long positions. The average entry price for short positions is around $65.05, and the current price is 12.7% lower than this level. Long positions are overall trapped, with an average entry price of about $59.75, roughly 5% above the current price. Current short sellers have sufficient safety margins: the nearest short liquidation line stands at $77.18, some 36% above the current price, meaning short sellers face almost no liquidation pressure. Address: 0xe9ffe7698f46f96f980f2877e18c43f5b4165903-HyperInsight Bot is now live. Add @HyperInsightBot to your TG group and set it as an admin (enable message sending permission) to automatically sync on-chain updates.
3 minutes ago
China's Supreme People's Procuratorate announced a major drug-related money laundering case: Li Moubo laundered over 48 million yuan via virtual currency and was sentenced to death after combined punishment for multiple crimes.
On June 25, China’s Supreme People’s Procuratorate (SPP) held a press conference. Miao Shengming, SPP’s deputy procurator-general, stated that procuratorial organs are thoroughly investigating both self-money laundering and third-party money laundering crimes, and vigorously promoting the recovery of drug-related assets to ensure full coverage in the investigation and punishment of drug-related money laundering offenses. From January 2025 to May 2026, procuratorial bodies nationwide prosecuted more than 1,200 individuals for drug-related money laundering crimes. A notable example is the major cross-border case of drug smuggling, trafficking, transportation and money laundering involving Li Moubo and others, which was supervised by the SPP and handled by Chongqing’s procuratorial organs. Li laundered over 48 million yuan via virtual currency and was sentenced to death after receiving combined punishment for multiple crimes in accordance with the law. (Xinhua News Agency)
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
3 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
3 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
3 minutes ago
South Korea's KOSPI index climbs back above the 9,000 mark, up 6.25% on the day.
According to Bitget data, South Korea’s KOSPI index has returned to the 9,000 level, gaining 6.25% on the day.
3 minutes ago
Silver plunged 6% intraday, breaching the defense of long positions, as a smart money entity reaped $2.16 million in shorting profits.
According to Hyperinsight’s monitoring, the Silver (SILVER) contract on Hyperliquid is currently priced at $56.78, down 6.34% over 24 hours, with a trading volume of $263 million, ranking first in the precious metals sector. Driven by gold prices falling below $4,000 and safe-haven funds flowing back into chip stocks, short sellers have reaped significant profits. Notably, smart money address 0x49e has been shorting Silver on 3x leverage since April 29 at a high of $78.79, holding a position worth $5.77 million, and has already booked a precise profit of $2.16 million (+81%). On-chain Silver whales are overall bearish: the nominal position size of short sellers is approximately 1.5 times that of long positions. The average entry price for short positions is around $65.05, and the current price is 12.7% lower than this level. Long positions are overall trapped, with an average entry price of about $59.75, roughly 5% above the current price. Current short sellers have sufficient safety margins: the nearest short liquidation line stands at $77.18, some 36% above the current price, meaning short sellers face almost no liquidation pressure. Address: 0xe9ffe7698f46f96f980f2877e18c43f5b4165903-HyperInsight Bot is now live. Add @HyperInsightBot to your TG group and set it as an admin (enable message sending permission) to automatically sync on-chain updates.
3 minutes ago
China's Supreme People's Procuratorate announced a major drug-related money laundering case: Li Moubo laundered over 48 million yuan via virtual currency and was sentenced to death after combined punishment for multiple crimes.
On June 25, China’s Supreme People’s Procuratorate (SPP) held a press conference. Miao Shengming, SPP’s deputy procurator-general, stated that procuratorial organs are thoroughly investigating both self-money laundering and third-party money laundering crimes, and vigorously promoting the recovery of drug-related assets to ensure full coverage in the investigation and punishment of drug-related money laundering offenses. From January 2025 to May 2026, procuratorial bodies nationwide prosecuted more than 1,200 individuals for drug-related money laundering crimes. A notable example is the major cross-border case of drug smuggling, trafficking, transportation and money laundering involving Li Moubo and others, which was supervised by the SPP and handled by Chongqing’s procuratorial organs. Li laundered over 48 million yuan via virtual currency and was sentenced to death after receiving combined punishment for multiple crimes in accordance with the law. (Xinhua News Agency)
In the past week, the DODO decentralized exchange has witnessed trading volumes increase by around 8%. Meanwhile, most DeXs have moved in the opposite direction. After a strong March, Uniswap, Pancakeswap, and Curve all saw a decline in trading activity in April. In recent weeks, DODO has witnessed surging trading volumes, even bucking the broad slowdown in DeFi activity that has affected most of its peers in April
Launched in 2020, the decentralized exchange (DeX) offers an alternative take on the traditional Automated Market Maker (AMM) paradigm. Does its recent success mean the Proactive Market Maker (PMM) concept has finally caught on?
AMM vs. PMM: Understanding the Difference Following the model established by Uniswap, classic DeXs rely on AMMs to facilitate trades, automatically setting prices based on the ratio of assets within liquidity pools.
While this approach has fueled the growth of modern DeFi, the Uniswap take on AMMs has some disadvantages.
For starters, liquidity providers put themselves at risk of impermanent loss, which occurs when the relative value of assets in a liquidity pool changes over time.
Due to the risk of impermanent loss, liquidity providers are typically less inclined to deposit volatile tokens into pools. This is why the largest pools on Uniswap consist of pairs of relatively stable assets.
To solve this problem, DODO developed a more strategic form of AMM that proactively adjusts prices to maintain a more balanced ratio of assets in a given liquidity pool.
DODO Trading Volume Surges as Other DeXs Stagnate Since February, DODO’s trading volume has been steadily climbing across the different blockchains it is deployed on.
After a strong March, in the past week, it has witnessed an 8.2% increase in trading volume when almost every major DeX has seen activity decline.
DeX trading volumes have declined in April. Source: DeFiLlama. After a strong March, Uniswap volumes have dropped in April. Meanwhile, the second and third most popular platforms – PancakeSwap and Curve – have seen volumes decline by more than 16%, falling to some of the lowest levels seen since February.
However, the DODO exchange’s performance is not reflected in the price of its eponymous native token. In the last month, DODO has lost roughly a quarter of its value during a period in which Bitcoin has fallen by less than 4%.
James Morales is CCN’s blockchain and crypto policy reporter. He has been working in the news media since 2020, writing about topics such as payments, banking and financial technology. These days, he likes to explore the latest blockchain innovations and the evolving landscape of global crypto regulation.
With an educational background in social anthropology and media studies, James uses his platform as a journalist to explore how new technologies work, why they matter and how they might shape our future.
DODO (DODO), an on-chain liquidity provider, has unveiled the launch of DODOchain, an industry-first Omni-Trading Layer3 powered by Arbitrum Orbit, EigenLayer, and AltLayer.
DODOchain bridges Layer2 networks of Bitcoin (BTC) and Ethereum (ETH), consolidating liquidity from various chains into a unified platform.
The vision behind DODOchain is to create a seamless, efficient, and secure ecosystem for cross-chain trading and liquidity sharing, enabling users to issue, trade, and manage their assets across different blockchains.
DODO’s exponential growth The primary goal of DODOchain is to enhance trading opportunities for users by enabling token trading and restaking, all within a rollup-level liquidity layer.
The inception of DODOchain was made possible by the success of DODO’s Proactive Market Maker (PMM) algorithm.
Introduced in August 2020, the PMM algorithm significantly improved liquidity concentration around oracle prices, enhancing capital efficiency and exchange rates.
The release of DODO V2 in February 202, with diverse liquidity pools and additional features like DODOX and Limit Orders, also helped expand DODO’s capabilities.
Currently deployed on 14 blockchains, DODO has facilitated over $141 billion in total trading volume, with more than 24 million transactions and 3.31 million cumulative users.
A more streamlined user experience Recognizing the ever-evolving nature of the blockchain landscape, DODO identified challenges facing Layer2 solutions, such as fragmented liquidity, high costs, security risks, etc.
With the increasing demand for cross-chain transactions, the team saw the necessity for a transformative solution.
Thus, DODOchain was envisioned as a solution to such challenges by providing an interconnected ecosystem across all chains.
DODOchain, as a Layer3 solution, focuses on customized functions to overcome the limitations of Layer2 in terms of cross-chain interoperability.
Acting as a bridge between different blockchain ecosystems like Ethereum, BTC, and Solana (SOL), Layer3 facilitates the seamless flow of data and transactions.
Enhanced scalability and efficiency By partnering withArbitrum Orbit, EigenLayer, and AltLayer, DODOchain ensures enhanced scalability, security, and interoperability.
Arbitrum Orbit stands out for its solutions that allow developers to launch their own L2 or L3 Orbit chain on Arbitrum, enhancing scalability and efficiency while maintaining security guarantees.
Leveraging Arbitrum Orbit, DODOchain aims to provide faster transaction execution, minimal gas costs, and higher returns for users.
DODOchain offers several features, including Omni-chain liquidity outposts, BTC L2 and ETH L2 connectors, and native staking yields.
The DODO team has announced the launch of DODOchain, an Omni-Trading Layer3 blockchain powered by Arbitrum Orbit, EigenLayer, and AltLayer. DODOchain stands as a pioneering Layer3 solution, bridging the Layer2 networks of Bitcoin and Ethereum and consolidating liquidity from diverse chains into a single platform.
DODO, since its inception in August 2020, has been a trailblazer in the crypto space. It introduced its unique Proactive Market Maker (PMM) algorithm, significantly enhancing capital efficiency and offering improved exchange rates. With the release of DODO V2 in February 2021, the platform expanded its offerings to cater to a broader range of assets and user groups. As of now, DODO operates on the mainnet of 14 blockchains, boasting over $141 billion in total trading volume, more than 24 million transactions, and a user base exceeding 3.31 million.
In the evolving landscape of blockchain technology, DODO identified the fragmented liquidity, high costs associated with multichain operations, security risks of cross-chain bridges, and the complexity of interacting with multiple blockchains as significant challenges facing Layer2 solutions. With an unwavering commitment to innovation, DODO proposes DODOchain as a transformative solution to these challenges, aiming to break down barriers between EVM and non-EVM ecosystems and enable the free flow of assets across different chains.
Bridging Blockchain Ecosystems with Layer3 Innovation DODOchain, as a Layer3 solution, focuses on providing customized functions to overcome the limitations of Layer2 in terms of cross-chain interoperability. Acting as a bridge between blockchain ecosystems such as Ethereum, BTC, and Solana, Layer3 facilitates the free flow of data and transactions, enabling seamless connectivity and significantly reducing network fees.
Utilizing Arbitrum Orbit, DODOchain aims to offer users faster transaction execution, minimal gas costs, and higher stable returns. In addition to these benefits, DODOchain will provide omni-chain liquidity outposts, offering users a full suite of products and services including Omni Trade, Omni Liquidity, and Omni Mining. Furthermore, DODOchain will feature a BTC L2 and ETH L2 Connector, enabling connections to BTC L2 and ETH L2 and attracting new users and assets to the platform. Additionally, DODOchain will offer native staking yields for assets, enhancing the overall trading and user experience.
To enhance its capabilities and ensure the security and efficiency of its platform, DODOchain has partnered with key industry players. Arbitrum Orbit offers DODOchain enhanced scalability, efficiency, and ease of use while maintaining the security guarantees of the Ethereum ecosystem. Eigenlayer, with its EigenDA component specializing in data availability, will enable DODOchain to leverage Ethereum’s consensus and security features.
Furthermore, DODOchain has adopted AltLayer’s restaked rollups infrastructure based on EigenLayer’s powerful restaking mechanism, strengthening network security, decentralization, and facilitating rapid deployment and cross-chain interoperability. The DODOchain Testnet provides an opportunity for users to experience the seamless, efficient, and secure ecosystem that DODOchain aims to create for cross-chain trading and liquidity sharing. Explore the DODOchain Testnet at dodochain.com.
Overall, DODOchain introduces a rollup-level liquidity layer that unifies liquidity from various chains. With its support for swaps and cross-chain transactions, DODOchain aims to streamline asset integration and movement in the Omni-chain era, offering a seamless, efficient, and secure ecosystem for cross-chain trading and liquidity sharing.
AUTHOR
Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
Stakely, a non-custodial staking services provider, has announced an exclusive development. As per the platform, it is currently supporting the popular decentralized trading forum DODO on EignLayer (a well-known decentralized ETH restaking company). On its official X account, the company disclosed the respective endeavor.
Stakely Commences Support for DODO MACH AVS Concerning EigenLayer In its recent post, the firm noted that it is unveiling DODOchain Mach AVS to operate on EigenLayer. The company added that the DODOchain MACH AVS operates as a rapid-evolving DODOchain as well as a layer 3. According to Stakely, it focuses on harnessing the potential of AltLayer, EigenLayer, as well as Arbitrum Oribit.
In addition to this, the company also provided the details of the chief features of the latest endeavor. It mentioned that MACH AVS leverages the rapid finality and increases the speed of tx processing with DODOchain. Apart from that, it improves the network integrity with the detection of malicious operations via economic benefits. Moreover, it utilizes a decentralized approach that guarantees precise rollup state confirmations.
It also pointed out that the project effectively launched in 2 stages. The initial phase started on the 8th of this month. Stakely asserted that its joint launch pool promotion with AltLayer makes efforts to bolster the ecosystem growth and operator benefits. According to the platform, as of the 8th of May, the MACH AVS comprises nearly 12,510 stakers. Additionally, it also has up to twenty-nine top-tier operators.
The Platform Invites Users to Delegate to Support the Future Progress Furthermore, the project includes Stakely, handling a remarkable $287.55M in the case of economic security. Stakely also revealed that the project takes into account 95.96k restaked ETH tokens. Stakely persuaded the community to support the project by delegating to the platform on EigenLayer. It considers that this would assist in shaping blockchain security and efficiency in the future.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Having the appropriate tools to create, run, and optimize a decentralized exchange (DEX) is essential for success in the quickly evolving field of decentralized finance (DeFi). A whole range of solutions are available via DODO’s DEXpert, which is intended to improve trading efficiency, expedite DEX creation, and provide sophisticated liquidity management features. DODO DEXpert has you covered whether you are a seasoned trader, a project developer, or a liquidity supplier. A thorough summary of the various products and solutions is provided below:
What is DODO DEXpert Native DEX Solutions Product Offerings:
Classic AMM V2, V3
For seasoned DeFi users, DODO’s Automated Market Maker (AMM) solutions provide efficient asset trading and market-making. Traders now have more flexibility and capital efficiency thanks to the V2 and V3 upgradees.
Open API & Widgets
Developers and projects may easily include DODO’s trading functionalities into their platforms thanks to the open API and widget features. GameFi and SocialFi integrations may be added in a single day with only one developer. By offering real-time price information and trading capabilities, these solutions help boost on-chain capital use and trading bot activity. The Proactive Market Maker (PMM) Model By providing accurate liquidity deployment for various asset classes, DODO’s PMM model maximizes liquidity providers’ profitability and capital efficiency.
Stablecoin Pools: Get over 1000% better capital efficiency than rivals like Curve. Single-Sided Liquidity Pools: Reduce expenses and risks by providing liquidity without needing both assets in a pair. Private Liquidity Pools: Designed to maximize fees for sophisticated market makers. Operational Support:
Integrating Data with External Platforms
Optimize trade and liquidity management by integrating DODO with other platforms. Access to a Worldwide User Base
Make use of DODO’s more than 260,000 social media followers to draw in hundreds of thousands of merchants from across the globe. LRT Asset Deployment
Large-scale liquidity and trading activity has been fueled by DODO’s establishment of liquidity and reward token (LRT) pools valued at tens of millions of dollars. Meme Launch Platform Products Offered:
Effortless Token Creation
DODO’s launch platform makes it simple to produce MEME tokens, allowing creators to join the meme economy in a matter of minutes. Liquidity Migration
By smoothly moving liquidity, you can guarantee market activity and let your tokens flourish. Custom Filtering
Filter trading pairs and tokens precisely to cut down on decision-making expenses and boost trading effectiveness. Trending Social Media Aggregation
Make sure your meme project takes advantage of the most recent trends by keeping up with the most popular memes on various social media platforms. Automated Trading Bots
Develop and modify automated trading plans to maximize market-making and liquidity for your MEME tokens. Built-in AI Tools
By lowering the expense and difficulty of starting new projects, integrated AI technologies enable meme makers to concentrate more on their creative work. Operational Support:
Meme Community Access
Join active MEME communities to raise awareness and participation in your project. KOL Marketing Resources
Promote your MEME token by using influencer marketing and key opinion leaders (KOLs). DEX Aggregator Products Offered:
Aggregated Quotes
DODO’s aggregator offers a smooth and intuitive trading experience by giving consumers access to the best prices across many DEXs. Smart Routing
The effective distribution of trade orders across many DEXs guarantees the best possible transaction execution and minimizes slippage. Cross-Chain Bridge (Coming SOON) Why DODO DEXpert
Multiple Product Options for Quick Ecosystem Grwoth Offering a wide range of specialized product solutions for trading and token issuance, DODO DEXpert distinguishes itself in the DeFi market. This multifaceted strategy benefits the ecosystem as a whole in addition to improving the trading experience. Important advantages include:
Enhanced On-Chain Data: DODO DEXpert focuses on important indicators like transaction count and Total Value Locked (TVL). Projects may make well-informed judgments, improve their tactics, and draw more people to their platforms by offering these information. Rapid Ecosystem Enrichment: DODO DEXpert’s array of solutions allows public chains to rapidly expand their ecosystems. Projects can begin, expand, and attract capital more successfully if they have access to a variety of tools. Comprehensive Support from Product to Operations Offering complete assistance that covers everything from product creation to operational execution is what DODO DEXpert is all about. Years of expertise in the field support this dedication, enabling smooth integration and expansion. The benefits consist of:
Streamlined Market Entry: DODO DEXpert removes the obstacles that public chains usually have when attempting to develop new relationships thanks to its four years of established market, asset, and data partnerships. Projects acquire momentum more quickly thanks to this integrated network, which increases market visibility. Operational Expertise: In addition to contract implementation, DODO provides projects with operational advice and assistance to help them handle the challenges presented by the DeFi landscap. This knowledge covers practical liquidity management, user acquisition tactics, and market trends. Accelerated TVL Growth: Projects using DODO DEXpert may greatly increase their TVL growth by utilizing current relationships and operational assistance. This is essential for drawing in more funding and increasing ecosystem user participation. A comprehensive range of solutions is offered by DODO DEXpert to satisfy the demands of the expanding DeFi and MEME economies. Token launches, trading platform development, and liquidity enhancement are all made simple and effective by DODO’s tools and operational assistance. DODO gives customers the confidence they need to create and grow their DEX with its sophisticated market-making models, community assistance, and integration tools.
Are you prepared to advance in your DeFi journey? Get building now with DODO DEXpert!
A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.
DODO, an on-chain liquidity provider, announced its strategic partnership with Steer Protocol, a decentralized compute protocol. This collaboration brings together two crucial components for the development and efficiency of DeFi, integrating DODO’s proactive market maker (PMM) technology into Steer’s automated liquidity management infrastructure.
This partnership is set to advance liquidity management in DeFi, creating smarter, AI-focused strategies that enhance capital efficiency and improve profits for liquidity providers across multi-chain ecosystems.
Excited to announce our partnership with @SteerProtocol!
Their ALM infrastructure and AI-driven automation bring the precision and adaptability needed for sustainable market-making — empowering DODO to optimize liquidity across multi-chain deployments.#DeFi #DEX pic.twitter.com/x8AypXBoUR
— DODO (@BreederDodo) June 3, 2025 Collaborating for smarter liquidity management Steer Protocol, a major decentralized off-chain compute protocol, streamlines the development and scaling of data-driven, omni-chain applications on Web3 networks. Its strong infrastructure provides developers with the ability to automate smart contracts using real-world data and develop data-driven automation. Using this technology, Steer helps to efficiently create new DeFi applications, including liquidity renting, trading, lending, perpetuals, options, liquidity management, and many more.
On the other hand, DODO is a decentralized network and on-chain liquidity provider that leverages a PPM (proactive market maker) algorithm to provide better liquidity and price stability than conventional AMMs (automated market makers).
By integrating Steer Protocol’s ALM infrastructure and AI-driven automation, DODO brings the precision and adaptability required for sustainable market-making to its ecosystem. This integration empowers DODO to optimize liquidity across multi-chain deployments. Also, through this approach, DODO improves its abilities with real-time, AI-integrated liquidity management, offering innovative tools to liquidity providers to enhance capital efficiency and maneuver volatile markets.
Paradigm shift This partnership brings a paradigm shift enabling AI-driven liquidity management. Traditional liquidity management normally depends on rigid strategies that are often ineffective and labor-intensive.
This collaboration brings a new approach that unites Steer’s ALM infrastructure with AI-driven automation with DODO’s proactive market maker (PMM) infrastructure to deliver advanced, automated liquidity management. Using DODO’s advanced market maker technology, Steer’s AI technology reorganizes liquidity automatically and intelligently, enabling consistent fee generation, improving capital efficiency, and reducing risks.
Through this approach, AI can predict when prices may change massively and modify liquidity bands correctly. AI can narrow ranges to take advantage of expected trading activity or widen them to minimize risks during volatile moments. This technology ensures that liquidity providers remain well-positioned without interruptions.
In other words, Steer’s AI technology automatically readjusts liquidity positions and ensures that they are always active and profitable. This integration supports DODO’s objective of reducing slippage and creating bigger, more efficient trades across multi-chain deployments while providing liquidity providers with a more effective approach to earning.
AUTHOR
Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.
If you want to use a Decentralized Exchange (DEX) you are in luck. There are loads of DEXs out there to help you. But DODO is a DEX with some innovative features that deserves a look. It also caters to projects that need to mint and offer tokens without a lot of hassle. If you don’t know much about DODO, you should keep on reading!
DODO Delivers Unique Ideas Table of Contents
DODO Delivers Unique IdeasMultiple Chains SupportedThe DODO Proactive Market Maker (PMM) AlgorithmDODO’s FeaturesDODO Vending MachineDODO Private PoolDODO: Token CreationDODO – The Winning DEX With Something For Everyone DODO sees itself as an innovator in the DEX space. It describes the platform as a, “liquidity protocol powered by the Proactive Market Maker Algorithm and built for capital efficiency.” In reality it is a lot more than a trading tool that competes with centralized exchanges.
When it comes to trading, it offers a unique Proactive Market Maker (PMM) algorithm that works to make on-chain liquidity as efficient as possible for Web3 assets. It applies to trading, but also to anyone who wants to issue Web3 assets.
Like most of the DEXs, DODO also offers staking opportunities. It also has features aimed at NFT issuers and traders. In fact, for token issuers DODO is one of the most compelling options across the board!
Multiple Chains Supported DODO’s DEX started off as an ETH based platform, but it has grown to support most of the leading blockchains. The swaps on DODO are as easy to do as on any other DEX, and most users will find more than enough liquidity to maintain competitive pricing.
DODO supports:
ETH Arbitrum HECO Polygon OKC Aurora BSC Moonriver Boba Using the exchange requires a wallet like MetaMask, or other wallets including Math Wallet, TokenPocket, MetaMask Mobile, Coin98 Wallet, imToken, BitKeep, or Trust Wallet. Other wallets may be supported as well, so check with DODO if you need to know more.
The DODO Proactive Market Maker (PMM) Algorithm DODO sets itself apart from the DEX pack with its Proactive Market Maker (PMM) Algorithm. Other popular DEXs use an Automated Market Maker (AMM) Algorithm, which DODO thinks lacks the efficiency that its PMM offers.
With DODO’s PMM, impermanent loss is removed from trades and liquidity improves, at least that is the goal. It’s true that many AMM models are basic and outdated, so the PMM is worth a look. The DODO PMM does adapt to market conditions in real-time, which seems like a plus for traders.
For most users, popular assets will trade without much slippage and will be totally liquid.
Trades are fast, and with the PMM operating via Chainlink oracles, the pricing is extremely competitive. DODO has extensive documentation on how the PMM works, and why it thinks the PMM is a better option than the AMMs in use on other DEXs.
DODO: The Chainlink Connection
DODO uses Chainlink oracles to establish pricing information for its PMM. As one of the best oracle platforms in the blockchain space, the Chainlink data is a great asset to the PMM. However, if you don’t love the idea of Chainlink being at the center of the pricing model, you may not love the DODO PMM system.
DODO’s Features DODO is a lot more than a simple DEX. It offers loads of features to Liquidity Providers (LPs), traders, and other crypto professionals.
Here are some of the great features on the DODO DEX platform:
DODO for LPs
DODO offers some cool features for LPs on the platform. LPs don’t have to hold both sides of a token pair to participate in a liquidity pool. For example, if you want to provide liquidity for ETH/USDT, you can choose to stake ETH, USDT or both. You don’t have to hold both to participate, which is an advantage over other DEXs.
DODO Mobile
DODO offers loads of features on its mobile trading interface. You don’t have to be at a desktop to use DODO, which operates on many of the best decentralized wallets.
Gasless Swaps
For swaps on both ETH and BNB chain, DODO users can use gasless swaps. The swaps are sent to a pro market maker with huge liquidity, so you don’t have to pay any gas fees.
Trading Tools
There are loads of trading settings to choose from on the DODO exchange. You just have to jump into your settings panel, and set up your trading tools in any way you like.
Here are some of the tools you can change to fit your preferences:
Transaction Deadline: You can choose how long a transaction is given to complete. If the transaction isn’t completed by the deadline you set, it will be canceled automatically.
Slippage Tolerance: There will always be a difference between the live market price and the price you are quoted. You can set a low slippage tolerance to keep slippage low. Keep in mind that you will need to allow some slippage in this setting, otherwise your trades will fail.
Private Swap: You can avoid sandwich attacks that happen due to a mismatch between your slippage settings and the price in a liquidity pool by using the private swap feature.
Disable Indirect Routing: If you want to make sure that you only use the tokens needed for your swap, and avoid third or fourth tokens, use this feature. You avoid extra gas fees, and also limit other traders’ ability to frontrun your trade.
Expert Mode: You may receive alerts when token slippage is high. Especially with smaller tokens, slippage is a real risk. If the token slippage is over 20%, you will need to use expert mode to approve transactions.
SmartTrade: With smart trade, DODO looks for the best order routes from aggregating liquidity sources. You will get attractive prices with the deepest liquidity possible.
DODO Vending Machine If you want to create a liquidity market for a token, you can use the DODO vending machine. It allows any wallet to create a non-custodial, decentralized market that anyone can access. For anyone who wants to create a token and sell it, this is a neat option.
The cool thing about the DODO vending machine is that it’s permissionless. DODO will let anyone create a token and sell it. There is no censorship, so marketing a new token with this feature is a breeze.
DODO Private Pool For anyone who needs more control over a liquidity pool, the DODO Private Pool is a compelling option. It provides more features, such as:
Constant price market Avoiding downside risk Active price discovery Return traditional AMM model Crowdpooling
If you need a way to distribute tokens in an equitable way, the Crowdpooling feature on DODO is a winner. It prevents frontrunning and other tricks, so everyone gets the tokens they deserve.
DODO: Token Creation Creating tokens with DODO is a snap. You can issue tokens on a variety of blockchains with DODO. Then, if you want to start selling them, just hit the DODO vending machine!
Here are the fees for creating tokens with DODO:
ETH: 0.02 ETH Arbitrum: 0.002 ETH BSC: 0.05 BNB Moonriver: 0.05 MOVR HECO: 5 HT Polygon: 1 MATIC OKchain: 0.1 OKT Boba: 0.002 ETH Avalanche: 0.1 AVAX DODO – The Winning DEX With Something For Everyone DODO is a great DEX that offers more to traders and token issuers than simple swaps. It’s not hard to use for anyone who is new to the space. It also has loads of advanced features that make it a pro-level tool. You can learn more about DODO on its X account, and see how the platform is committed to leading the DEX space!
Nicholas Say
Nicholas Say was born in Ann Arbor, Michigan. He has traveled extensively, lived in Uruguay for many years, and currently resides in the Far East. His writing can be found all over the web, with special emphasis placed on realistic development, and the next generation of human technology.
Binance will launch spot trading pairs such as ACM/TRY and DODO/TRY.
PANews reported on November 14 that Binance will launch the ACM/TRY, DODO/TRY, HEI/TRY and XTZ/TRY spot trading pairs on November 26, 2025 at 20:00 (UTC+8), and will open trading robot services for the above trading pairs.
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SK Hynix stock price surge expands to 14.7%, Samsung Electronics rises 6%
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
3 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
3 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
3 minutes ago
South Korea's KOSPI index climbs back above the 9,000 mark, up 6.25% on the day.
According to Bitget data, South Korea’s KOSPI index has returned to the 9,000 level, gaining 6.25% on the day.
3 minutes ago
Silver plunged 6% intraday, breaching the defense of long positions, as a smart money entity reaped $2.16 million in shorting profits.
According to Hyperinsight’s monitoring, the Silver (SILVER) contract on Hyperliquid is currently priced at $56.78, down 6.34% over 24 hours, with a trading volume of $263 million, ranking first in the precious metals sector. Driven by gold prices falling below $4,000 and safe-haven funds flowing back into chip stocks, short sellers have reaped significant profits. Notably, smart money address 0x49e has been shorting Silver on 3x leverage since April 29 at a high of $78.79, holding a position worth $5.77 million, and has already booked a precise profit of $2.16 million (+81%). On-chain Silver whales are overall bearish: the nominal position size of short sellers is approximately 1.5 times that of long positions. The average entry price for short positions is around $65.05, and the current price is 12.7% lower than this level. Long positions are overall trapped, with an average entry price of about $59.75, roughly 5% above the current price. Current short sellers have sufficient safety margins: the nearest short liquidation line stands at $77.18, some 36% above the current price, meaning short sellers face almost no liquidation pressure. Address: 0xe9ffe7698f46f96f980f2877e18c43f5b4165903-HyperInsight Bot is now live. Add @HyperInsightBot to your TG group and set it as an admin (enable message sending permission) to automatically sync on-chain updates.
3 minutes ago
China's Supreme People's Procuratorate announced a major drug-related money laundering case: Li Moubo laundered over 48 million yuan via virtual currency and was sentenced to death after combined punishment for multiple crimes.
On June 25, China’s Supreme People’s Procuratorate (SPP) held a press conference. Miao Shengming, SPP’s deputy procurator-general, stated that procuratorial organs are thoroughly investigating both self-money laundering and third-party money laundering crimes, and vigorously promoting the recovery of drug-related assets to ensure full coverage in the investigation and punishment of drug-related money laundering offenses. From January 2025 to May 2026, procuratorial bodies nationwide prosecuted more than 1,200 individuals for drug-related money laundering crimes. A notable example is the major cross-border case of drug smuggling, trafficking, transportation and money laundering involving Li Moubo and others, which was supervised by the SPP and handled by Chongqing’s procuratorial organs. Li laundered over 48 million yuan via virtual currency and was sentenced to death after receiving combined punishment for multiple crimes in accordance with the law. (Xinhua News Agency)
The DeFi sector is making notable growth in line with the latest weekly data. In this respect, the Dolomite, DODO, and Stellar have gained the top position among the DeFi projects in terms of TVL growth over the week. As per the data from DefiLlama, the other notable DeFi projects in the top-10 list take into account Reservoir, Wildcat Protocol, Flying Tulip, Helix, ICHI, Gala, and Polymarket. Hence, these figures denote the established and emerging projects’ competition for significant liquidity inflows.
Dolomite Claims Top Position in DeFi with 46.7% Weekly TVL Increase Dolomite has emerged as the leading DeFi protocol in line with the latest 7-day TVL growth. Specifically, Dolomite shows a 4.7% weekly increase in its TVL, hitting the $301.8M mark while its market capitalization is $18.6M. In addition to this, DODO’s 7-day TVL rise stands at 33.9%. So, its TVL is now $21.8M, with market capitalization reaching $14.5M.
Subsequently, Stellar has gained the 3rd position in the DeFi market based on the weekly TVL. So, its current TVL is $15.9M after a 31.8% increase, while the market cap accounts for $5.1B. Additionally, Wildcat Protocol has gained the 5th spot within the DeFi sector. Keeping this in view, the 17.8% increase over the week has placed its TVL at $12.9M.
Along with that, Flying Tulip occupies the 6th position on the list, showing a 16.8% jump over the past seven days. As a result, the project’s TVL sits at $92.2M in overall valuation. Moreover, Helix is the next leading player with its TVL reaching $8.7M. This reportedly presents a 14.3% spike over the week.
Polymarket Bottoms List with 7.7% TVL Surge over Week Moving on, DefiLlama’s list of prominent DeFi projects in terms of 7-day TVL rise includes ICHI in the 8th place. Thus, the project has surged by a 11.6% over the week to touch a TVL of nearly $10.0M. Following that, Gala’s 9.0% TVL growth has pushed it to the $12.6M mark. Concluding the top-10 list, Polymarket stands at $388.4M when it comes to TVL. The respective figure underscores a 7.7% weekly increase.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Binance will remove and suspend the DODO/BTC and GMT/EUR spot trading pairs.
PANews reported on March 10 that, according to an official announcement, based on recent review results, Binance will remove and cease trading the DODO/BTC and GMT/EUR spot trading pairs on March 13, 2026 at 11:00 AM (UTC+8).
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SK Hynix stock price surge expands to 14.7%, Samsung Electronics rises 6%
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Based on recent reviews, Binance will extend the Monitoring Tag to include more tokens on 2026-05-22. The tokens to be added to the Monitoring Tag list are: Alchemix (ALCX)Cookie DAO (COOKIE)DODO (DODO)Epic Chain (EPIC)Heima (HEI)Hashflow (HFT)Storj (STORJ)Synapse (SYN)Alien Worlds (TLM) Tokens with the Monitoring Tag exhibit notably higher volatility and risks compared to other listed tokens. These tokens are closely monitored, with regular reviews conducted. Keep in mind that tokens with the Monitoring Tag are at risk of no longer meeting our listing criteria and being delisted from the platform. To gain trading access to tokens marked with the Monitoring Tag, users will need to pass the quiz every 90 days on the Binance Spot and/or Binance Margin platforms, and accept the Terms of Use. The quizzes are set up to ensure users are aware of the risks before trading tokens with the Monitoring Tag. Binance will conduct periodic project reviews and decide if the Monitoring Tag should be added to or removed from tokens as per its latest findings. These criteria are considered during the review: Commitment of team to projectLevel and quality of development activityTrading volume and liquidityStability and safety of network from attacksNetwork / smart contract stabilityLevel of public communicationResponsiveness to our periodic due diligence requestsEvidence of unethical/fraudulent conduct or negligenceContribution to a healthy and sustainable crypto ecosystem Please note: Other services related to the aforementioned tokens will not be affected. The Monitoring Tags for the aforementioned tokens will be updated shortly after the publishing of this announcement.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth. Thank you for your support! Binance Team 2026-05-22
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
3 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
3 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
3 minutes ago
South Korea's KOSPI index climbs back above the 9,000 mark, up 6.25% on the day.
According to Bitget data, South Korea’s KOSPI index has returned to the 9,000 level, gaining 6.25% on the day.
3 minutes ago
Silver plunged 6% intraday, breaching the defense of long positions, as a smart money entity reaped $2.16 million in shorting profits.
According to Hyperinsight’s monitoring, the Silver (SILVER) contract on Hyperliquid is currently priced at $56.78, down 6.34% over 24 hours, with a trading volume of $263 million, ranking first in the precious metals sector. Driven by gold prices falling below $4,000 and safe-haven funds flowing back into chip stocks, short sellers have reaped significant profits. Notably, smart money address 0x49e has been shorting Silver on 3x leverage since April 29 at a high of $78.79, holding a position worth $5.77 million, and has already booked a precise profit of $2.16 million (+81%). On-chain Silver whales are overall bearish: the nominal position size of short sellers is approximately 1.5 times that of long positions. The average entry price for short positions is around $65.05, and the current price is 12.7% lower than this level. Long positions are overall trapped, with an average entry price of about $59.75, roughly 5% above the current price. Current short sellers have sufficient safety margins: the nearest short liquidation line stands at $77.18, some 36% above the current price, meaning short sellers face almost no liquidation pressure. Address: 0xe9ffe7698f46f96f980f2877e18c43f5b4165903-HyperInsight Bot is now live. Add @HyperInsightBot to your TG group and set it as an admin (enable message sending permission) to automatically sync on-chain updates.
3 minutes ago
China's Supreme People's Procuratorate announced a major drug-related money laundering case: Li Moubo laundered over 48 million yuan via virtual currency and was sentenced to death after combined punishment for multiple crimes.
On June 25, China’s Supreme People’s Procuratorate (SPP) held a press conference. Miao Shengming, SPP’s deputy procurator-general, stated that procuratorial organs are thoroughly investigating both self-money laundering and third-party money laundering crimes, and vigorously promoting the recovery of drug-related assets to ensure full coverage in the investigation and punishment of drug-related money laundering offenses. From January 2025 to May 2026, procuratorial bodies nationwide prosecuted more than 1,200 individuals for drug-related money laundering crimes. A notable example is the major cross-border case of drug smuggling, trafficking, transportation and money laundering involving Li Moubo and others, which was supervised by the SPP and handled by Chongqing’s procuratorial organs. Li laundered over 48 million yuan via virtual currency and was sentenced to death after receiving combined punishment for multiple crimes in accordance with the law. (Xinhua News Agency)
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
3 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
3 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
3 minutes ago
South Korea's KOSPI index climbs back above the 9,000 mark, up 6.25% on the day.
According to Bitget data, South Korea’s KOSPI index has returned to the 9,000 level, gaining 6.25% on the day.
3 minutes ago
Silver plunged 6% intraday, breaching the defense of long positions, as a smart money entity reaped $2.16 million in shorting profits.
According to Hyperinsight’s monitoring, the Silver (SILVER) contract on Hyperliquid is currently priced at $56.78, down 6.34% over 24 hours, with a trading volume of $263 million, ranking first in the precious metals sector. Driven by gold prices falling below $4,000 and safe-haven funds flowing back into chip stocks, short sellers have reaped significant profits. Notably, smart money address 0x49e has been shorting Silver on 3x leverage since April 29 at a high of $78.79, holding a position worth $5.77 million, and has already booked a precise profit of $2.16 million (+81%). On-chain Silver whales are overall bearish: the nominal position size of short sellers is approximately 1.5 times that of long positions. The average entry price for short positions is around $65.05, and the current price is 12.7% lower than this level. Long positions are overall trapped, with an average entry price of about $59.75, roughly 5% above the current price. Current short sellers have sufficient safety margins: the nearest short liquidation line stands at $77.18, some 36% above the current price, meaning short sellers face almost no liquidation pressure. Address: 0xe9ffe7698f46f96f980f2877e18c43f5b4165903-HyperInsight Bot is now live. Add @HyperInsightBot to your TG group and set it as an admin (enable message sending permission) to automatically sync on-chain updates.
3 minutes ago
China's Supreme People's Procuratorate announced a major drug-related money laundering case: Li Moubo laundered over 48 million yuan via virtual currency and was sentenced to death after combined punishment for multiple crimes.
On June 25, China’s Supreme People’s Procuratorate (SPP) held a press conference. Miao Shengming, SPP’s deputy procurator-general, stated that procuratorial organs are thoroughly investigating both self-money laundering and third-party money laundering crimes, and vigorously promoting the recovery of drug-related assets to ensure full coverage in the investigation and punishment of drug-related money laundering offenses. From January 2025 to May 2026, procuratorial bodies nationwide prosecuted more than 1,200 individuals for drug-related money laundering crimes. A notable example is the major cross-border case of drug smuggling, trafficking, transportation and money laundering involving Li Moubo and others, which was supervised by the SPP and handled by Chongqing’s procuratorial organs. Li laundered over 48 million yuan via virtual currency and was sentenced to death after receiving combined punishment for multiple crimes in accordance with the law. (Xinhua News Agency)
ENI, a next-gen enterprise-scale blockchain network, has partnered with DODO, a popular decentralized liquidity platform. The collaboration denotes a landmark development in the expansion of the worldwide network of ENI by including DODO into its Super Node Program. As ENI disclosed in its official social media announcement, the move positions DODO within its Top 100 Exchanges, Top 100 Ecosystems, and Top 100 Institutions matrix. Hence, the initiative reaffirms the network’s collaborative basis.
🚀 Welcome @BreederDodo to the ENI Super Node ecosystem!
As ENI continues expanding its global Super Node matrix across Top 100 Institutions, Top 100 Ecosystems, and Top 100 Exchanges, strong ecosystem partners like DODO are helping accelerate liquidity, collaboration, and… https://t.co/oaEDVQn0Vi
— ENI (@ENI__Official) June 1, 2026 DODO Integration into ENI’s Super Node Program Grows Web3 Liquidity The partnership takes into account the inclusion of DODO into ENI’s Super Node Program to drive ecosystem expansion and Web3 liquidity. The move underscores ENI’s commitment to bolstering liquidity and advancing real-world adoption of Web3 technology. Additionally, the development lets ENI fortify its status as a decentralized innovation hub, where ecosystems shape the blockchain technology’s future in terms of growth.
Keeping this in view, the collaboration is poised to develop a sustainable, inclusive, and scalable Web3 infrastructure. This also represents a systematic alignment between the enterprise-level blockchain infrastructure and liquidity solutions. Additionally, this endeavor enables streamlined inclusion of decentralized applications (dApps) and financial inclusion. As included in the Super Node Program, DODO will significantly contribute to empowering liquidity pools, supporting different Web3 scenarios, and improving interoperability across markets.
The Super Node Program of ENI is set to combine the top institutions, communities, and networks to develop a robust basis for the wider blockchain adoption. The integration of DODO lets ENI broaden the capacity thereof to provide scalable solutions for the advancement of communities and enterprises alike. The joint effort is anticipated to drive forward the development of intuitive coordination tools, liquidity-led innovations, and dApps that expand Web3 accessibility for mainstream users.
Amplifying Decentralized Growth with Web3 Scalability and Interoperability According to ENI, DODO’s integration underscores its wider consensus strategy, which stresses partnership among key ecosystem partners. DODO’s support is also assisting ENI to develop a matrix of reliable partners that can collaboratively strengthen innovation, scalability, and compliance. Overall, this ecosystem convergence makes ENI a central platform for decentralized growth, interoperability, and liquidity.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Cryptocurrencies have had a difficult performance this week as many investors started to take profits. Bitcoin price retreated to a low of $62,000, down from last week’s high of $73,500. Other coins like Ethereum, Render, Solana, and Near Protocol also dipped.
This decline also happened as many Grayscale Bitcoin Trust (GBTC) holders liquidated their positions because of the significant fee. GBTC has an expense ratio of 1.50%, higher than the iShares Bitcoin Trust’s (IBTC) 0.25%. This article looks at some of the top cryptocurrencies to watch like Bitcoin Dogs (ODOG), Ribbon Finance (RBN), and Sui.
Ribbon Finance price forecast Ribbon Finance is a Decentralized Finance (DeFi) platform that enables users to earn sustainable yield through decentralized options and lending. The platform has over $34 million in total value locked (TVL). Its Ribbon Earn and Ribbon Lend also have millions in assets.
RBN price has done well in the past few weeks as it jumped from last year’s low of $0.1462 to a high of $1.91 this month. This was a 1,231% increase from bottom to the top. Its market cap has jumped to more than $746 million.
Ribbon has constantly remained above the 50-day and 100-day Exponential Moving Averages (EMA), which is a bullish sign. Most recently, it has formed a bullish engulfing candlestick pattern and then rose for three straight days.
My view is that the coin is attempting to form a double-top pattern, meaning that it may continue rising as investors continue buying the dip. If this happens, the next point to watch will be at $1.70, which is about 23.47% above the current level. This view will become invalid if the price crashes below this week’s low of $1.2050.
Bitcoin Dogs price prediction Bitcoin Dogs is one of the best-performing new cryptocurrencies this year. The developers recently ended its token sale, which raised over $13 million in just a month. This made it the best-performing token sale in the industry.
Bitcoin Dogs is yet to go public in centralized and decentralized exchanges (DEX) but the developers have pledged that this will happen soon.
There are a few reasons to be optimistic about this. First, the token launch will happen in a time when the crypto industry is in a bull market. The total market cap of all cryptocurrencies has jumped to more than $2.6 trillion.
Second, it is one of the most hyped cryptocurrencies in the market. It already has thousands of holders, which is a good thing. Also, the developers are working to create real utility for the token. This will include features like a 1,000 NFT collection and a gaming platform.
Most importantly, most of the newly launched meme coins have done well. This includes tokens like Book of Meme, Solama, and Pepe. You can learn more about Bitcoin Dogs here.
Sui price prediction Sui has evolved to become one of the best-performing cryptocurrencies. Its blockchain project has attracted hundreds of developers and thousands of users. As a result, the total value locked (TVL) in the ecosystem has jumped to a record high of over $700 million.
Sui price has been in a strong bullish trend this year. It has risen in the past three straight days and is now hovering near its highest point since February 15th. The token has constantly remained above the 50-day and 100-day Exponential Moving Averages.
Therefore, Sui token will need to clear the important resistance point at $1.9697, its highest point in February to invalidate the double-top pattern. If this happens, it will open the possibility of it soaring to $2.50.
Crypto hedge fund Pantera Capital, which has over $5 billion in assets under management, has reportedly seen its Liquid Token Fund appreciate by 66% during Q1 2024.
According to a new report by Bloomberg, Pantera Capital’s $300 million crypto fund ended the first quarter with massive gains due to the rise of digital assets such as smart contract platform Solana (SOL), decentralized derivatives exchange Aevo (AEVO), decentralized finance (DeFi) protocol Ribbon Finance (RBN) and open source blockchain Stacks (STX).
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Pantera’s success partially stemmed from having reduced exposure to Bitcoin (BTC) and Ethereum (ETH) and allocating to smaller market cap altcoins.
In a shareholder letter seen by Bloomberg, it was noted that Pantera cut back on assets linked to Ethereum due to the odds of an Ethereum-based exchange-traded fund (ETF) getting approved by the U.S. Securities and Exchange Commission (SEC) being lowered.
In an interview, Cosmo Jiang, Pantera Capital’s portfolio manager, tells Bloomberg that the fund has been steadily reducing its exposure to Bitcoin since the start of the year.
“We’d been pretty heavy in Bitcoin until the start of the year, and really like each month we’ve decreased that Bitcoin position meaningfully.”
Last month, Pantera engaged in funding efforts to raise $250 million as a means of purchasing Solana from bankrupt crypto exchange FTX.
SOL, AEVO, RBN, and STX are trading for $177.29, $2.96, $1.61, and $3.19 at time of writing, respectively.
The venture capital arm of the world’s largest crypto exchange by trading volume is announcing a new investment in a decentralized exchange (DEX) protocol.
According to a new press release, Binance Labs has invested in a layer-2 (L2) DEX called Aevo, a rebrand of Ribbon Finance.
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Aevo bills itself as a high-performance derivatives DEX platform tailored for futures and perpetual contracts trading.
The decentralized finance (DeFi) protocol is built on top of the Ethereum (ETH) layer-2 protocol Optimism’s (OP) OP Stack. It acts as an off-chain order book, with orders settled on-chain on Ethereum. The protocol uses Celestia (TIA) as a high-throughput data availability (DA) layer to increase scalability. The project is also backed by Paradigm, Dragonfly and Coinbase Ventures.
According to the announcement, Aevo plans to use the investment to grow the ecosystem and its community, which already has over 50,000 monthly active users who have done more than $80 billion in derivatives volume.
“As part of the future roadmap, Aevo will launch vault strategies, yield products, and Aevo staking. It will expand its ecosystem of derivative products by allowing builders to deploy their dApps permissionlessly on Aevo L2 to leverage its growing user base and unique features.”
Binance Labs is the accelerator and venture capital arm of Binance.
Danske Bank: Federal Reserve may raise interest rates at least twice
Danske Bank senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen stated in a report that they expect the U.S. Federal Reserve to raise interest rates twice, in December 2026 and March 2027 respectively, bringing the federal funds rate to 4.00%-4.25%. "However, we emphasize there is a risk that rate hikes could come earlier and that the number of hikes may exceed two," they said. The first Federal Reserve meeting led by Kevin Warsh sent a clear signal that the Fed is increasingly moving away from forward guidance surrounding future monetary policy decisions. "All signs indicate that (the Fed) is leaning toward having greater discretion in future policy decisions," the Danske Bank analysts added. Source: Jin10
2 minutes ago
SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.
According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.
2 minutes ago
The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.
According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.
2 minutes ago
South Korea's KOSPI index climbs back above the 9,000 mark, up 6.25% on the day.
According to Bitget data, South Korea’s KOSPI index has returned to the 9,000 level, gaining 6.25% on the day.
2 minutes ago
Silver plunged 6% intraday, breaching the defense of long positions, as a smart money entity reaped $2.16 million in shorting profits.
According to Hyperinsight’s monitoring, the Silver (SILVER) contract on Hyperliquid is currently priced at $56.78, down 6.34% over 24 hours, with a trading volume of $263 million, ranking first in the precious metals sector. Driven by gold prices falling below $4,000 and safe-haven funds flowing back into chip stocks, short sellers have reaped significant profits. Notably, smart money address 0x49e has been shorting Silver on 3x leverage since April 29 at a high of $78.79, holding a position worth $5.77 million, and has already booked a precise profit of $2.16 million (+81%). On-chain Silver whales are overall bearish: the nominal position size of short sellers is approximately 1.5 times that of long positions. The average entry price for short positions is around $65.05, and the current price is 12.7% lower than this level. Long positions are overall trapped, with an average entry price of about $59.75, roughly 5% above the current price. Current short sellers have sufficient safety margins: the nearest short liquidation line stands at $77.18, some 36% above the current price, meaning short sellers face almost no liquidation pressure. Address: 0xe9ffe7698f46f96f980f2877e18c43f5b4165903-HyperInsight Bot is now live. Add @HyperInsightBot to your TG group and set it as an admin (enable message sending permission) to automatically sync on-chain updates.
2 minutes ago
China's Supreme People's Procuratorate announced a major drug-related money laundering case: Li Moubo laundered over 48 million yuan via virtual currency and was sentenced to death after combined punishment for multiple crimes.
On June 25, China’s Supreme People’s Procuratorate (SPP) held a press conference. Miao Shengming, SPP’s deputy procurator-general, stated that procuratorial organs are thoroughly investigating both self-money laundering and third-party money laundering crimes, and vigorously promoting the recovery of drug-related assets to ensure full coverage in the investigation and punishment of drug-related money laundering offenses. From January 2025 to May 2026, procuratorial bodies nationwide prosecuted more than 1,200 individuals for drug-related money laundering crimes. A notable example is the major cross-border case of drug smuggling, trafficking, transportation and money laundering involving Li Moubo and others, which was supervised by the SPP and handled by Chongqing’s procuratorial organs. Li laundered over 48 million yuan via virtual currency and was sentenced to death after receiving combined punishment for multiple crimes in accordance with the law. (Xinhua News Agency)
