An altcoin backed by crypto hedge fund Pantera Capital is rallying after the top US crypto exchange Coinbase announced a possible future listing of the token.
In a new announcement, Coinbase says it is adding Stader (SD) to its “listing roadmap,” which alerts customers that the exchange could soon add support for certain assets.
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As the news broke Tuesday, SD shot up from a day low of $0.39 to $0.70 at time of writing, a more than 79% gain. SD had soared to a day’s high of $0.85 before retracing.
SD is the native governance and value accrual ERC-20 token for the Stader protocol, a noncustodial, multi-chain liquid staking platform. The maximum token supply is 120 million.
The project is currently holding a vote on expanding the token’s utility by “leveraging the SD Utility Pool to provide insurance cover for permissioned node operators, ensuring they only have to cover up to four Ethereum (ETH) in slashing penalties, with the excess covered by the pool.”
In 2023, Stader Labs, the development team behind the project, raised $4 Million in seed funding from Pantera Capital and other large investors.
According to Coinbase, the listing roadmap was created in 2022 to increase transparency and reduce the possibility of investors front-running new trading support announcements.
Bitcoin price has turned downward again, but exchanges seem optimistic and continue listings. The largest U.S. cryptocurrency exchange, Coinbase, continues the accelerated listings it started at the end of 2021. A recent announcement was made for a new altcoin. So, which cryptocurrency will be listed?
Last Minute Altcoin ListingCoinbase announced that it will support the Stader (SD) Token, an ERC20 token on the Ethereum network. The listing will be simultaneous on Coinbase and Coinbase Global. Deposits are already active for the listing expected on July 30. If the necessary liquidity conditions are met, the pair will go live at 1:00 PM (ET). For now, only the USD pair will be available.
The exchange is not adding an experimental label to this altcoin, which is positive for SD Token. Following the news, the SD Token price rose above $0.7. The token is already available on many cryptocurrency exchanges, and due to its recent popularity with upper wicks, investors are advised to be cautious about quick returns. The price increased by 40% just today.
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.
Crypto exchange Coinbase has added trading support for Stader (SD), a noncustodial, multi-chain liquid staking platform.
In an announcement, Coinbase says that SD is now available on Coinbase.com and the Coinbase iOS and Android apps.
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Coinbase placed SD on its listing “roadmap” last month, which signals the possibility of future listings for digital assets – triggering significant rallies for the token.
Stader originally aimed to provide liquid staking solutions on the Terra blockchain but expanded to other chains following the 2022 collapse of the Terra ecosystem.
Recently, the Stader community voted to reduce the supply of SD from 150 million to 120 million in a new “tokenomics reboot.”
The project is also currently holding a vote on expanding the token’s utility by “leveraging the SD Utility Pool to provide insurance cover for permissioned node operators, ensuring they only have to cover up to four Ethereum (ETH) in slashing penalties, with the excess covered by the pool.”
In 2023, Stader Labs, the development team behind the project, raised $4 Million in seed funding from Pantera Capital and other large investors.
At time of writing, SD is trading at $0.48, 98.4% down from its all-time high of $30.17 which it hit in March 2022, according to CoinGecko.
Home Altcoins Coinbase Adds New Liquid Staking Altcoin For Trading
U.S. crypto exchange Coinbase will add trading opportunities for Stader (SD), a multichain liquid staking platform now available on Coinbase.com and the iOS and Android apps.
Last month, Coinbase put SD on its listing “roadmap,” which often leads to significant upside for select cryptocurrencies.
Stader (SD) is now live on https://t.co/CD3RBjtMAO & in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.
— Coinbase Assets 🛡️ (@CoinbaseAssets) July 30, 2024
Stader originally provided liquified steaming services on the Terra blockchain, but expanded to other chains after the project crashed in 2022.
Recently, the Stader community voted to reduce SD supply from 150 million to 120 million as part of a “tokenomics reboot.”
In addition, the project voted to expand the utility of the token by using SD’s utility pool to provide insurance for operators of authorized nodes, limiting their penalties for so-called “slashing” to four Etherium (ETH) tokens, with the pool covering any excess.
Slashing is part of the consensus mechanism’s proof-of-stake method for punishing validators with bad intentions.
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Stader crypto price has staged a strong comeback, reaching its highest level since May 9, making it one of the best-performing altcoins this week.
Stader (SD), a prominent player in the liquid staking industry, surged to $0.95, marking a 213% increase from its lowest level this month. This rise has pushed its market cap to $37.90 million, with a fully diluted valuation of $111.7 million.
Stader is a top player in the liquid staking industry. Most of its assets, about $426 million of them, are in Ethereum (ETH), while the remaining ones are in Hedera, Polygon, and Binance Smart Chain. According to its website, Stader has over 100,000 users from around the world.
Liquid staking allows users to swap staked coins for liquid tokens that represent the staked assets. These liquid tokens can then be traded, utilized in decentralized finance protocols, and redeemed for the original staked assets.
The SD token’s recent rally corresponds with the stabilization of assets in its ecosystem. Data from DeFi Llama indicates that the total value locked in Stader’s ecosystem had been declining after peaking at $778 million on March 14, bottoming at $381 million in September before rebounding to $463 million.
This recovery suggests potential further growth as cryptocurrencies continue to regain momentum. For example, Randy, an analyst with over 318,000 followers on X, predicted that Ethereum could climb to $5,000 in the upcoming months.
A notable risk for the Stader price is its maximum supply of 120 million tokens, with a current circulating supply of 40.76 million. The platform releases 1.38 million SD tokens monthly, which could lead to further dilution.
Stader price chart | Source: crypto.news The Stader token also experienced a technical breakout. As shown in the chart, SD surged after forming a falling wedge pattern, a common bullish indicator. Typically, a breakout occurs as the pattern nears its confluence point.
Stader has moved above the 50-day and 200-day moving averages and is approaching the psychological $1 mark. Additionally, the Relative Strength Index and Stochastic Oscillator have signaled upward movement, reaching overbought levels.
Given these technicals, the Stader crypto price may likely pull back and retest the lower side of the wedge pattern at $0.40, about 60% below its current level.
Stader crypto retained its bullish structure on the 4-hour chart. Short-term holders in profit could contribute to SD’s drop below $1 support. Stader [SD] crypto had been in a steady downtrend in September and October. It sustained losses worth 47.5% from the 7th of August to the 2nd of November. Since then, Stader crypto has rallied a whopping 250.7% in six days.
At its peak at $1.5, SD had registered gains worth 414.1% in just over five days. The pullback of the past 12 hours was part of a healthy uptrend, but how deep will this pullback reach?
Stader set to decline below the $1 mark? Source: SD/USD on TradingView At press time, both the psychological round number levels of $1.5 and $1 were key. $1.5 formed the local highs that Stader crypto needed to overcome to resume its uptrend. The $1 support level was tested in recent hours and saw a bounce to $1.14.
This bounce suggested buyers were active at $1 but might not be able to hold on. After a triple-digit percentage move within a week, a deep retracement would only offer investors a chance to re-enter the market.
A pullback below $1 would flip the market structure bearishly, but would also be a healthy outcome for the next price move higher. As things stand, the technical structure on the 4-hour chart and the momentum were in bullish favor.
Profit-taking likely to push Stader crypto southward Source: Santiment On-chain metrics showed that the mean coin age began to trend downward in the final week of September, more than a month before SD rallied past $1. This signaled distribution as prices declined in the past two months.
Is your portfolio green? Check the Stader Profit Calculator
The price surge did not see increased selling pressure, evidenced by the lack of significant peaks on the dormant circulation recently. However, short-term holders were at an enormous profit, averaging 58.6% gains.
This could lead to selling pressure that pulls Stader crypto prices below $1 and toward the moving average support levels at $0.75 and $0.55.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion
DeFi platform Stader Labs, known for its liquid staking solutions, ventures into speculative trading with a platform designed to introduce clarity to a turbulent market.
The memecoin sector has surged in popularity over the past year, drawing new and experienced traders to assets defined by rapid price swings, internet-fueled hype, and frequent scams. This high-risk corner of the crypto market has posted monthly trading volumes that exceed $300 billion, with many tokens appearing and disappearing in a matter of days.
Founded in 2021, liquid staking platform Stader Labs aims to bring order to the memecoin phenomenon through its new trading platform, Cabbage. Drawing on artificial intelligence and real-time market analytics, Cabbage is designed to distill fast-moving and often chaotic data into key insights for memecoin traders.
AI-driven real-time insights Cabbage’s features include an Opportunity Feed that analyzes large-scale transactions for hints of emerging trends, a Whale Watch system that tracks the best traders, and the Crowd Pulse tool that aggregates community sentiment from social channels like X and Telegram.
The platform also introduces Cabbage Score, which translates detailed technical metrics into simplified ratings. This feature offers an at-a-glance view of a token’s potential, allowing traders to gauge volatility before making a move.
Another feature, called Safety Check, automates the process of vetting new tokens, aiming to flag possible scams or projects with limited liquidity. Moreover, the YOLO Buys function streamlines the process of placing trades, eliminating the need for multiple screens and optimizing slippage settings to reduce unexpected losses.
As an additional incentive, Cabbage gamifies this process by letting users collect badges, ascend leaderboards, and earn rewards for active participation.
Revenue projections signal significant growth Cabbage creator Stader Labs projects that capturing even 5% of monthly memecoin volumes (around $70 billion per month) could generate $420 million in annual revenue through a 1% trading fee.
Additional streams such as premium subscriptions, advertising for new token launches, and premium analytics offerings have the potential to further bolster the platform’s revenue potential.
Alpha launch and roadmap The closed alpha phase for Cabbage is slated to begin on March 20, with a limited group of users gaining early access through a waitlist. Initial testing will focus on refining the Opportunity Feed and YOLO Buys while gathering user feedback to shape future updates.
In the first quarter of 2025, the trading platform intends to expand its toolset by launching the AI-powered Cabbage Score and a more advanced Opportunity Feed, alongside integrations with networks including Base, Berachain, and SUI.
Mobile applications for iOS and Android are scheduled for release in the second quarter when Cabbage also plans to broaden its scope beyond memecoins to cover additional assets. Fiat on-ramps through Apple Pay and Google Pay will be included as well to make trades more accessible.
Backed by Pantera Capital, Coinbase Ventures, Jump Crypto, Accel, and Accomplice, Stader Labs has the broader goal of driving DeFi adoption while prioritizing user security. Although Cabbage’s primary mission is to streamline memecoin trading, Stader Labs envisions the platform evolving into a central hub for anyone seeking more insight into high-risk cryptocurrencies.
A detailed litepaper for the platform is available, where users can learn about the technology behind the project. Stader Labs encourages traders and developers to join the Cabbage waitlist and its community channels to stay informed about ongoing releases.
Stader (SD) will be listed on the Bithumb Korean Won trading market
PANews reported on August 26th that according to a Bithumb announcement, Stader (SD) will officially launch on the Korean won trading market on August 26, 2025. The supported network is Ethereum, and deposits on other networks are not currently supported.
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PANews reported on August 26 that according to OKX market data, SD rose 42.3% in a short period of time and is currently quoted at US$0.94, with a maximum increase of US$0.98.
According to previous news, Stader (SD) will be listed on the Bithumb Korean Won trading market.
Author: PA一线
This content is for market information only and is not investment advice.
Stader price climbed sharply after its listing on Bithumb’s Korean Won market, posting a surge of more than 40% in a single day.
Summary
Stader rose 42% on Aug. 26 following its listing on Bithumb’s Korean Won market. Governance updates, including July’s revenue buyback plan, continue to support token fundamentals. Technical signals point to a breakout, with potential targets at $1.12 and $1.40. At the time of writing, Stader (SD) was trading around $0.91, nearly 39% higher over the past 24 hours. The token’s rally has also lifted its seven-day performance by 26%, with momentum stretching beyond the past month.
Bithumb listing drives demand The announcement by Bithumb on Aug. 26 confirmed that SD would now be available in the KRW market through the Ethereum (ETH) network. The development instantly triggered the token’s price surge, briefly rising above $1.12 before declining slightly.
Additionally, trading volumes increased significantly, rising by more than 300% from to $25.5 million over the last day. With the listing, Korean traders will have direct access to SD via a major fiat exchange, bringing with it a new level of market visibility and liquidity.
Expanding ecosystem supports price action The surge’s timing aligns with the Stader ecosystem’s continued expansion. The group introduced Cabbage earlier this year, an AI-driven trading platform that makes trading memecoins easier with features like Crowd Pulse and Whale Watch.
According to Stader’s projections, even a small portion of monthly memecoin activity could generate substantial yearly revenue. Updates to governance have also added more utility to the token.
An recent vote by the DAO allocated 20% of protocol revenue toward buybacks of SD, which could be burned, redistributed to stakers, or used to reward traders. These developments have helped strengthen confidence in the project, providing a foundation for speculative interest even before the Bithumb listing.
Stader technical analysis On the daily chart, price action is currently moving along the upper Bollinger Band in the $0.90 to $1.00 range after SD broke out of its consolidation range around $0.60. The volume increase confirms that there is strong support for this breakout.
Stader daily chart. Credit: crypto.news There may still be space for the rally before overbought levels are reached, according to the relative strength index, which is currently at 64.
If the token sustains support at $0.74, attention may return to $1.12, the level that capped gains earlier in the session. A clear move above that level could pave the way for a move toward $1.40, a resistance level that was tested earlier this year.
However, if recent support is broken, there is a chance that the price will drop back to $0.60, where the previous base of accumulation was formed.
**Stader Labs Discontinuing MaticX Operations, Unveils Redemption Timeline** June 13 — Liquidity staking protocol Stader Labs has officially announced it’s winding down MaticX. Starting today, MaticX will stop accepting new deposits and enter a “claim-only” state. Users can still redeem their MATIC holdings through the existing interface for now. The official MaticX DApp will be permanently taken offline on August 3, 2026. After that date, users won’t be able to use the web frontend and must complete all redemptions directly via Etherscan through Ethereum’s smart contract. A MaticX staking contract upgrade is scheduled for June 12–19, 2026. Around June 19, the exchange rate between MaticX and MATIC will lock in permanently — this will serve as the final settlement rate for all future redemption requests. Users who’ve already redeemed assets before this change won’t face any disruptions. Unredeemed users can keep claiming via the existing DApp or Etherscan, while redemption requests that were initiated but not yet sent to their wallets can still be processed later through the Etherscan contract. Between June 19 and August 3, 2026, the MaticX DApp will offer instant redemptions at the fixed locked-in rate. Once August 3, 2026 arrives, the MaticX frontend will shut down for good. However, users will still have three years from that date (until August 3, 2029) to withdraw assets directly via the Etherscan contract. Stader Labs says it will release a detailed, step-by-step Etherscan claiming tutorial ahead of the DApp closure to ensure users can complete their redemptions smoothly.
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Terra Virtua is a cross-platform NFT ecosystem offering a curated marketplace for NFT creators and collectors to interact.
What is Terra Virtua (TVK)?Terra Virtua (TVK) is an entertainment-focused collection platform. TVK uses Blockchain technology to provide a platform where collectors can find virtual products via PC, web, mobile, or augmented reality.
Terra Virtua is the first fully immersive Blockchain-based VR entertainment platform. TVK is a unique virtual platform focused entirely on VR entertainment, built with a strong community and social connection. Supported by developers, led by industry leaders, and secured by Blockchain, Terra Virtua is a next-generation initiative in entertainment and interaction.
TVK will have its own robust and secure blockchain-based economy. Tokens for regions, game items, appearances, upgrades, and unique experiences can be bought and sold through Terra Virtua Terra (TVA). TVA holders join the project to be a vital part of the ecosystem that kickstarts the Terra Virtua economy.
Where to Buy TVK Coin?Terra Virtua Coin can be securely purchased on Binance, the world’s largest cryptocurrency exchange by trading volume. TVK Coin is actively traded on Binance in two pairs: TVK/BTC and TVK/BUSD. To buy Terra Virtua Coin, one needs to register on the Binance exchange and then transfer cryptocurrency or fiat currency to their account wallet.
Binance Once the membership is completed and there is a balance in the account wallet, one of the BUSD or BTC pairs should be selected to enter the purchase interface. In this interface, the desired amount to be purchased should be specified in the limit section, and the purchase order should be placed to complete the transaction. As of the time this guide was written, TVK Coin is trading at around $0.17.
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.
Vanar Chain is partnering with Shelby American, a high-performance automobile manufacturer, to incorporate its brand into the Metaverse.
This news comes from an exclusive press release shared with BeInCrypto.
Shelby American And Vanar Chain UniteThese two firms are using the Metaverse to introduce these cars to a new class of enthusiasts. Shelby will use scalable Layer 1 blockchain technology from Vanar and its gaming platform Virtua to launch a new brand, the “Shelbyverse.” The Shelbyverse will also have a real-world impact, offering exclusive physical merchandise through a multi-platform initiative.
“Shelby American has always been about pushing boundaries in the automotive world, and we’re thrilled to help them bring that same pioneering spirit into Web3. We’re demonstrating what forward thinking brands can achieve in [the] digital space and ensuring… Shelby… is not only preserved but elevated in new and exciting ways,” said Jawad Ashraf, CEO at Vanar.
This collaboration between a luxury automobile manufacturer and the Web3 space is far from unique. For example, Lamborghini partnered with Animoca to launch Fast ForWorld, a Metaverse racing game, in October. By the end of the month, the collaboration was so successful that it attracted additional partners for further features.
Shelby and Vanar will not just shill a gimmicky venue to examine automobile specifications but instead offer a gamified experience through Virtua. Additionally, the press release claims that this experience will extend to other platforms, like Roblox, a very popular game creation platform that has already been involved in several Metaverse applications.
Although some sectors of the community have suggested that the Metaverse is dying out, gamified experiences like this are one of the strongest remaining growth areas. Shelby is not alone in making this gamble. Last month, FIFA also partnered up to launch a new NFT-based game.
“The future of Shelby isn’t just on the road—it’s in the digital world too. As Carroll Shelby always said when asked ‘what’s your favorite car?’ his answer was – the next one!” claimed M. Neil Cummings, Esq, Co-CEO of Carroll Shelby International.
Still, this collaboration with Vanar is far outside Shelby American’s usual comfort zone. This car company has greeted the challenge of Web3 modernization with enthusiasm and seems ready to expand to a new digital frontier.
Founded in 2019, BarnBridge is a protocol aimed at tokenizing risk, and it was launched in September 2020. BarnBridge is a type of decentralized finance (DeFi) platform designed to create exchangeable tokens that expose consumers to market volatility. As of March 2021, the platform is still in an early stage of its launch.
BarnBridge (BOND) ExplainedBarnBridge is a project that extends its functionality to make DeFi more flexible and efficient. By tokenizing market fluctuations and exposures to risks, it can reduce volatility for conservative investors or increase it for day traders. BarnBridge allows for traditional risk management tools and fixed-income instruments in the DeFi market. Its main focus is to slice crypto risks, enabling market participants to invest in different products or assets depending on their risk profiles.
Sustainable DeFi platforms like Compound (COMP) and Aave (AAVE) can provide over 5% annual return (APY) on some assets. With profitability optimizers like yEarn, the APY can exceed 10%. The disadvantage of these DeFi platforms is their inability to offer fixed income; moreover, adding cryptocurrencies to a portfolio means taking significant risks as crypto assets are highly volatile.
The advantage of BarnBridge is its ability to consolidate fixed-income returns and stabilize them to increase system efficiency. This opens up the crypto industry to a wider audience by making entry more personal and predictable for consumers. In terms of traditional finance, BarnBridge can also be used to enhance the efficiency of stock transactions.
On the other hand, BarnBridge creates tokenized derivatives based on market fluctuations. Examples of underlying markets include yield rates, prices, market prediction rates, default rates in mortgages, among others. These derivative tokens are divided into high, medium, and low risk/reward categories. BarnBridge can be described as an inter-platform risk token protocol with fixed income and volatility tranches.
How to Purchase BarnBridge Coin?BOND Coin can be purchased quickly and securely through Binance, the world’s largest cryptocurrency trading platform by trading volume.
To buy BOND Coin, one must first register with Binance and then send fiat money. Following the transfer of a fiat currency like Turkish Lira or dollars, one can buy BOND in trading pairs with Bitcoin (BTC), BUSD, Binance Coin (BNB), and Tether (USDT).
In addition, on Binance, users can place an order to buy at a price lower than the market value by using the Limit tab. For this, you just need to enter the amount you want to buy and the price at which you want to buy it.
Crypto exchange Binance has announced it will no longer support four altcoins — BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastar (POLS). Effective July 22 at 03:00 UTC, it will delist these altcoins, causing a sharp drop in their market value.
This price action reflects market sensitivity to exchange delistings and regulatory actions.
Altcoins Nosedive Following Binance Delisting AnnouncementImmediately following the announcement, the affected tokens saw significant price declines. Specifically, DOCK plummeted nearly 30%, MDX dropped by 23.65%, and BOND and POLS both experienced over 17% losses.
The delistings are part of Binance’s periodic review. Often, it adds the tokens under the monitoring tag before delisting them. For instance, on July 1, Binance included 11 altcoins under its monitoring tag, including DOCK and POLS.
“At Binance, we periodically review each digital asset we list to ensure that it continues to meet a high level of standard and industry requirements,” Binance explained.
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BOND, DOCK, MDX, and POLS Price Performance. Source: TradingViewThe review focuses on several critical factors, such as the project team’s commitment, trading volume, liquidity, network security, and responsiveness to due diligence inquiries.
Trading pairs like BOND/BTC, BOND/USDT, DOCK/BTC, DOCK/USDT, MDX/USDT, and POLS/USDT will see a trading halt, and all existing trade orders will be automatically removed after delisting. Users must withdraw these tokens by October 22, 2024. If not, Binance might convert the delisted tokens into stablecoins, although this is not guaranteed and will be subject to a future notification.
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Furthermore, Binance is making adjustments across various services to phase out these altcoins comprehensively. These changes include delisting from Binance Simple Earn and Auto-Invest, ending margin trading for these tokens, and removing them from Binance Convert and Binance Pay by predetermined dates.
Binance, one of the leading crypto exchanges, revealed its decision to delist all spot trading pairs for BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS) by July 22, 2024. Notably, this unexpected move has sent ripples through the crypto market, leaving investors and traders in a state of speculation and concern. Here we explore the recent announcement and its potential implications on the cryptos.
Binance To Delist These 4 Major Crypto In its latest strategic review, Binance emphasized a commitment to maintaining high standards and adapting to market shifts. The delisting of BOND, DOCK, MDX, and POLS is driven by several factors that the exchange continuously monitors.
Meanwhile, these include project commitment, development activity, trading volume, network stability, and compliance with regulatory requirements. Binance’s decision reflects a proactive approach to managing its platform and protecting its users.
In addition, the delisting will specifically affect trading pairs BOND/BTC, BOND/USDT, DOCK/BTC, DOCK/USDT, MDX/USDT, and POLS/USDT. Once trading ceases, users will no longer see these tokens’ valuations in their wallets.
Notably, to manage their holdings, users should disable the “Hide Small Balances” option. Deposits of these tokens will not be credited post-July 23, and withdrawals will be unsupported after October 22, 2024.
Meanwhile, Binance has outlined a series of measures to handle the delisting. Binance Simple Earn will halt the token offerings by July 19, with automatic redemption into users’ Spot Wallets.
Similarly, Binance Auto-Invest will stop recurring investments by July 15, and VIP Loan will close all loan positions for these tokens by July 17. In addition, the Binance Funding Rate Arbitrage Bot and Margin services will also be impacted, with crucial deadlines for users to settle positions to avoid losses.
For instance, all BOND, DOCK, MDX, and POLS balances in Cross Margin Wallets will convert to USDT on July 17. Binance Convert will maintain a sell-only function until July 22.
Also Read: EtherFi Foundation Buys ETHFI, Passes Major Staking Proposal On Ethereum Mainnet
What’s Next? The delisting news has stirred unease among crypto enthusiasts. Binance’s influence on the market is significant; its actions often drive market sentiment. While positive announcements from a crypto exchange like Binance can fuel market confidence, delisting or any other negative update can have the opposite effect, potentially eroding the market value of the affected tokens.
For instance, the removal of BOND, DOCK, MDX, and POLS could reduce liquidity and trading volume for these tokens, causing volatility. Investors are particularly wary as these assets might struggle to find new exchanges to list on or maintain their market presence.
The broader cryptocurrency ecosystem is also on alert. Binance’s decision underscores the dynamic nature of the crypto market, where regulatory compliance, project performance, and market health dictate listing decisions.
BOND Price As of writing, BOND price was down 26% to $1.57, while its trading volume rocketed 270% to $23.1 million. On the other hand, DOCK price plunged nearly 40%, and its one-day trading volume also skyrocketed 180% to $4.13 million. Simultaneously, MDEX price plummeted over 40%, while POLS price slumped about 20% today.
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BarnBridge Coin is an ERC-20 token that governs BarnBridge, a protocol that allows users to hedge against DeFi yield sensitivity and price volatility.
What is BarnBridge (BOND)?BarnBridge (BOND) is a protocol aimed at tokenizing risks. It was launched in September 2020. BarnBridge is a DeFi protocol aimed at creating tradable tokens that expose investors to market volatility. BarnBridge is a project that prioritizes functionality to make DeFi more flexible and efficient.
The platform can reduce or increase volatility for risk-averse investors by tokenizing market fluctuations and exposure to risks. BarnBridge allows traditional risk management tools and fixed-income instruments in the DeFi market. At the core of the project is the service of categorizing crypto risks, allowing investors to invest in different products or assets based on their risk profiles.
BarnBridge creates tokenized derivatives based on market fluctuations. Examples of underlying markets include yield rates, prices, market forecast rates, default rates, and others. These derivative tokens are divided into high, medium, and low risk/reward categories. BarnBridge is a cross-platform risk token protocol with fixed income tranches and volatility.
The advantage of BarnBridge is that it aggregates fixed-income earnings and continuously increases system efficiency. From a traditional finance perspective, BarnBridge can be considered for stock trading.
Where to Buy BOND Coin?BOND Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. BarnBridge Coin is traded on the Binance platform in BOND/BTC, BOND/BNB, BOND/BUSD, and BOND/USDT pairs.
To purchase BOND, you must first register with the Binance exchange. After completing the registration, you need to transfer cryptocurrency or fiat currency to the Binance account wallet. Once the transfer is complete, you can buy BarnBridge Coin from any of the four pairs mentioned above. For purchasing from the BOND/USDT trading pair, you need to first go to the interface of this pair. Enter the desired amount in the limit section of the BOND/USDT interface. After specifying the amount, execute the purchase by placing a BOND Buy 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.
Introducing DIA Value: Intrinsic Valuation Oracle for Institutional DeFiWhen markets don’t exist, market oracles fail. DIA launches fully onchain fair-value pricing for assets from tokenized treasuries to yield-bearing tokens.
In 2020, decentralized finance experienced its Cambrian explosion. Uniswap enabled permissionless trading. Aave enabled permissionless lending. Within three years, DeFi grew to $100 billion in total value locked, all built on a core pricing assumption: assets trade continuously on liquid markets.
Then in 2024, Wall Street arrived.
BlackRock tokenized U.S. treasuries, crossing $500 million in the BUIDL fund within months.[1] Firms like Ondo Finance brought tokenized treasuries to Ethereum. By early 2025, over $50 billion in institutional capital had migrated onchain,[2] with projections from McKinsey, BCG, and others estimating the tokenized asset market could reach $2–16 trillion by 2030.[3]
But these assets share a characteristic: they don’t trade.
Tokenized treasuries don’t have order books. Fund NAV tokens don’t establish price through supply and demand. Yield-bearing tokens have redemption mechanisms encoded in smart contracts — their value isn’t what traders think, it’s what the protocol guarantees you can redeem.
And DeFi’s pricing infrastructure wasn’t designed to handle them.
The oracle space converged on a single architecture: market observation. Aggregate prices across exchanges, decentralize the aggregation through node networks, publish the result onchain. For Bitcoin, Ethereum, and liquid tokens, this works well.
But you cannot aggregate exchange prices when markets don’t exist. You cannot decentralize market data when liquidity is thin or fragmented. And you cannot discover price through trading when trading doesn’t happen.
The infrastructure that unlocked DeFi’s first $100 billion fundamentally cannot price its next trillion.
Market-based oracles solved a real problem: bringing external price data onchain. For assets that trade continuously with deep liquidity, the approach is sound. Implementations vary in how they source data, what transparency they offer, and how they handle edge cases, but the core model works when its assumptions hold.
Those assumptions are: continuous trading activity, deep enough liquidity to resist manipulation, and price discovery through supply and demand. For the new institutional asset classes entering DeFi, they collapse:
Asset Type Continuous Trading? Deep Liquidity? Market Price Discovery? Tokenized T-Bills ❌ ❌ ❌ Fund NAV Tokens ❌ ❌ ❌ Yield-Bearing Derivatives ⚠️ Sporadic ❌ ❌ Synthetic Stablecoins ⚠️ Sporadic ❌ ❌ Cross-Chain LP Tokens ❌ ❌ ❌ When these conditions are absent, market-based oracles face three choices, none of them good:
Aggregate thin, manipulable market data. If a tokenized asset has minimal secondary trading, aggregating those sparse data points creates vulnerability. Thin order books can be manipulated. Single-venue distortions propagate as truth. Stale prices from infrequent trades become risk management inputs.
This isn’t theoretical. On October 10, 2025, $19 billion in leveraged DeFi positions were liquidated in 24 hours.[4] Bitcoin flash-crashed from $126,000 to $103,000, and the cascade was amplified by oracle infrastructure propagating distorted price data from stressed markets into automated liquidation triggers.[5]
Fall back to proprietary data providers. When market data doesn’t exist, some oracle architectures allow protocols to pull from centralized APIs, effectively reintroducing the trust assumptions that decentralized infrastructure was supposed to eliminate.
Paul Frambot, Co-Founder and CEO at Morpho, analyzing RWA pricing challenges, concluded that since tokenized assets “don’t have secondary markets,” DeFi must rely on “trusted price providers.” He’s right that this is where market-based architecture logically ends up when markets disappear.
Simply don’t support the asset. The most common outcome. If an asset doesn’t fit the market-aggregation model, it doesn’t get priced. Over $100 billion in tokenized treasuries, yield-bearing tokens, stablecoins, and other institutional-grade digital assets currently lack sufficient liquidity for reliable market-based pricing.[6]
This isn’t a flaw in any particular implementation. It’s a structural limitation: no market-based oracle, regardless of how sophisticated, can produce manipulation-resistant pricing from markets that are thin, stressed, or nonexistent. The architecture works for liquid assets. For assets whose value is defined by contracts, reserves, or portfolios rather than by trading, it’s a mismatch.
Traditional finance solved illiquid asset pricing decades ago through intrinsic valuation.
When a mutual fund holds private equity or illiquid bonds, it calculates Net Asset Value: sum of all holdings marked at fair value, divided by shares outstanding. When banks value loan portfolios, they use mark-to-model: discounted cash flows and credit risk adjustments. When Circle proves USDC is worth $1.00, they provide reserve verification: auditable proof that $1 of reserves backs each token.
These methods work because they compute value from verifiable inputs rather than observing market trades.
Bringing this approach onchain was previously impractical. Traditional fair value methodologies relied on trusted intermediaries: fund administrators calculating NAV, auditors verifying reserves, risk models run by centralized entities. Blockchain changes this: smart contract states, reserve balances, exchange rates, redemption formulas, and yield accruals can now serve as direct inputs for fair value computation with a degree of transparency that traditional finance never had.
DIA Value is the infrastructure we built for this. It delivers intrinsic fair-value pricing for assets where market data is absent, unreliable, or exploitable. Rather than reporting trades that can be manipulated, Value computes fundamental value from the most direct, verifiable data sources available, applying the same valuation logic that traditional finance has relied on for decades.
Value already powers fair value pricing across lending, stablecoins, and tokenized securities, including integrations with Euler, Morpho, Silo, Hydration, and others.
DIA Value implements five fundamental valuation methodologies:
Net Asset Value (NAV): For tokenized funds holding portfolios of assets. Aggregates fair value of all underlying holdings, applies fees and liabilities, divides by token supply. Proof of Reserves (PoR): For stablecoins and wrapped assets. Verifies reserves equal or exceed circulating supply. Value proven by backing, not trading. Contract Exchange Rate (CER): For yield-bearing tokens (stETH, aTokens). Reads redemption rate directly from protocol smart contracts. Value is what the contract guarantees you can redeem. Reserve-Backing Ratio (RBR): For algorithmic stablecoins and synthetic assets. Computes value based on ratio of collateral reserves to outstanding supply. Redemption Value (RV): For assets with programmatic redemption mechanisms. Calculates the value you would receive by executing the redemption function. Each methodology is designed to maximize pricing independence by deriving value from the most direct source available, whether that’s onchain smart contract state, reserve balances, or authoritative reference data for off-chain backing assets such as tokenized fund NAVs. In some cases, particularly for assets backed by off-chain reserves, Value integrates these inputs transparently, so protocols and users can see exactly how each price is computed and what data sources it relies on.
When a protocol queries Value for a tokenized treasury fund price, the system:
Reads the fund’s smart contract to enumerate holdings Prices each holding using the appropriate methodology Applies fees and liabilities encoded in the contract Returns per-share NAV with full calculation transparency A market-based oracle can’t do this because it’s looking for trades that don’t exist. Value computes intrinsic value from verifiable facts.
To be clear: this does not replace market oracles for liquid assets. DIA’s own market-based oracle, Market, handles pricing for assets with observable trading activity, sourcing data directly from exchanges. Value complements that foundation for assets whose value is defined by contracts, reserves, or portfolios rather than by trading.
Market-based oracles answer: “What did the last trade say?” Fair value oracles answer: “What is this asset fundamentally worth?”
Use Case Market Oracle Approach Intrinsic Value Approach Tokenized T-Bills Aggregate thin secondary trades (stale, manipulable) Compute redemption value from treasury contract + yield accrual Fund NAV Tokens Report last trade price (may be days old) Calculate real-time NAV from portfolio holdings Yield-Bearing Tokens Observe stETH/ETH pair (deviates from redemption) Read exchange rate directly from Lido contract Stablecoins Assume $1.00 or use thin DEX prices Verify reserves and compute backing ratio This shift unlocks capabilities that market-based oracles structurally cannot provide:
Institutional-grade collateral acceptance. Lending protocols can accept tokenized treasuries and fund shares as collateral based on auditable intrinsic value rather than manipulable secondary market prices. Euler’s recent integration demonstrates this in practice.
Regulatory-compliant fair value accounting. Fair value measurement standards (IFRS 13, ASC 820) explicitly require intrinsic valuation methods when markets are inactive. Value’s methodologies align with these frameworks.
Manipulation resistance through architecture. October 10th demonstrated that market-based oracles remain vulnerable when underlying markets are stressed. Fair value computation sidesteps this: you cannot game NAV calculation by moving thin order books.
Cross-chain pricing without fragmented liquidity. When an asset exists on multiple chains, market-based oracles face fragmented liquidity. Fair value oracles compute redemption value once from the canonical contract and publish everywhere. The value is the same because it’s derived from fundamental backing, not chain-specific trading.
What Value doesn’t solve:
It’s worth being clear about the boundaries. Value solves fair value for assets with verifiable data sources. Remaining challenges are governance and trust boundary questions, not architecture failures:
Off-chain reserves (e.g., Circle’s bank accounts) still require attestation. Value makes attestation auditable, but trust in the attester remains. Cross-chain verification depends on bridge security. Disputed valuation formulas for complex derivatives may have competing fair value models. Value executes formulas transparently, but choosing the right formula requires governance. Smart contract risk: if the contract is wrong, the valuation is wrong. Value surfaces this transparently rather than obscuring it, but the risk exists. When pricing infrastructure no longer depends on market liquidity, new capabilities open up across DeFi.
Lending protocols accept tokenized treasuries without oracle risk. Vault platforms can offer rates against tokenized fund shares based on auditable NAV, not whether someone traded yesterday.
Stablecoins verify reserves across complex, multi-chain structures. Next-generation stablecoins hold diversified portfolios of yield-bearing tokens and cross-chain assets. Value makes real-time reserve verification possible even when components are illiquid or fragmented.
Asset managers tokenize funds with real-time NAV onchain. Traditional funds calculate NAV once daily. Onchain funds can compute real-time NAV continuously, but only if the pricing infrastructure handles illiquid holdings and cross-chain positions.
Institutions meet regulatory fair value requirements without centralized intermediaries. The shift from centralized API providers to verifiable intrinsic computation is the difference between traditional finance with a blockchain wrapper and genuinely decentralized institutional infrastructure.
Risk curators build sophisticated credit models without market dependency. Professional risk managers, from established firms to emerging specialists, need to model scenarios, stress-test collateral, and assess fundamental value independent of market panic. Fair value infrastructure gives them the primitives to do this properly.
Bitcoin sitting idle is a trillion-dollar opportunity cost. hemiBTC lets holders deploy BTC productively into DeFi, but that only works if the pricing layer can verify the actual Bitcoin backing each token onchain. DIA Value does exactly that, no secondary market dependency, no centralized attestations. It's the kind of infrastructure that makes Bitcoin-native DeFi viable: fully trustless and verifiable.
Jeff Garzik
Co-Founder, Hemi Network
When you operate a stablecoin across four chains, pricing fragmentation becomes a real engineering problem. DIA Value solved this for us by computing USDp's fair value directly from onchain redemption data, reading collateral composition and redemption curves from our smart contracts. One verifiable fundamental price, consistent everywhere. That's what lets integrators treat USDp as reliable collateral without building custom pricing logic per chain.
Noah Boisserie
CEO, Cooper Labs
satUSD+ is a yield-bearing stablecoin, and its value is defined by what the protocol's staking contract actually pays out, not by what someone last traded it for on a DEX. DIA Value computes that fair value directly from onchain data, which means lending markets and vault strategies integrating satUSD+ can verify the price they're seeing. For an omnichain stablecoin system like ours, that reliability is non-negotiable.
River Team
River
Fundamental pricing methodologies will drive the next wave of institutional capital being deployed onchain. It is a prerequisite that has been missing from DeFi’s infrastructure stack, and its arrival expands the addressable market for oracle infrastructure significantly beyond price feeds.
Market-based oracles gave DeFi the rails to price liquid markets. Value gives DeFi the foundation to price everything else.
The shift from market observation to intrinsic computation expands what oracle infrastructure can do, specifically into the asset classes that institutional DeFi needs priced to grow.
DIA’s fundamental valuation oracle computes USDh’s fair value directly from its Bitcoin and stablecoin reserves, replacing market-based pricing with verifiable reserve verification on Stacks.
Hermetica builds Bitcoin yield infrastructure on Stacks. Its stablecoin, USDh, is backed by a combination of BTC and stablecoin reserves held by the protocol. Users can earn yield on their Bitcoin through Hermetica’s products while USDh serves as the stable unit of account in the system.
USDh’s value is defined by what backs it: verifiable reserves of Bitcoin and stablecoins. For an asset with this structure, the architecturally correct pricing approach is to compute value directly from the reserves, not to observe secondary market trades. Market-based pricing can be a reasonable methodology in certain cases, but reserve verification is the methodology that matches how the asset actually works.
For lending protocols like Zest that integrate USDh into their contracts, pricing accuracy directly affects position health calculations, collateral valuations, and liquidation logic. The price feed needs to reflect what USDh is fundamentally worth based on its backing, updated reliably and transparently.
DIA's oracle infrastructure and Hermetica's reserve-backed design are complementary. Bitcoin DeFi no longer needs to rely on volatile market-based pricing. Instead, institutions and individuals alike can benefit from the manipulation-resistant fair value price for USDh that DIA enables.
Jakob
Founder & CEO, Hermetica
DIA deploys a Reserve-Backing Ratio (RBR) fundamental feed for USDh through the DIA Value oracle. Instead of observing secondary market trades, the oracle computes fair value directly from Hermetica’s reserve composition.
The process works as follows. The oracle reads the current state of Hermetica’s reserves, including BTC holdings and stablecoin balances, from the protocol’s backing data. It then compares total reserve value against USDh circulating supply. If reserves meet or exceed supply, USDh is priced at $1.00. If reserves fall below supply, the oracle reflects the actual backing ratio, pricing USDh at $1.00 multiplied by the fraction of reserves over outstanding supply.
This means the price USDh carries onchain is always derived from what actually backs it, not from what someone last paid for it on a DEX.
The feed is live on the Stacks public good oracle, where any protocol or user can query the USDh/USD value in real time.
The transition from market observation to reserve verification reflects a broader principle. Bitcoin-backed stablecoins derive their value from their reserves, not from trading. The correct oracle methodology for this asset class is one that computes value from verifiable backing data, just as traditional finance prices money market funds from their NAV rather than from secondary trades.
DIA Value’s RBR methodology makes this computation transparent and continuous. Lending protocols consuming the feed can trust that the price reflects verified reserve backing. This is especially important during periods of broader market volatility, when the value of stablecoins needs to be anchored to fundamentals rather than short-term market dynamics.
The integration also demonstrates a broader pattern in how stablecoin pricing infrastructure needs to evolve. As more stablecoins adopt complex reserve structures spanning multiple asset types and chains, the ability to compute fair value from verifiable backing data becomes a prerequisite for institutional adoption, not a nice-to-have.
DIA delivers market price feeds for satUSD across five chains and fundamental valuation for satUSD+, giving lending markets and vault strategies verifiable pricing for River’s stablecoin ecosystem.
River operates a chain-abstraction stablecoin system built around satUSD, an over-collateralized stablecoin backed by BTC, ETH, BNB, and liquid staking tokens. Users who stake satUSD receive satUSD+, a yield-bearing token that compounds automatically while remaining composable across DeFi.
This creates a pricing challenge that a single oracle approach cannot solve.
satUSD trades on secondary markets across multiple chains. For this asset, market-based pricing works: aggregate trades, filter outliers, publish the result. But satUSD+ is different. Its value is defined by what the staking contract pays out, not by what someone last traded it for on a DEX. Thin secondary markets for yield-bearing tokens are vulnerable to manipulation, and stale trade data misinforms the risk models that lending protocols and vault curators depend on.
River needed both: reliable market pricing for satUSD and intrinsic valuation for satUSD+.
DIA provides market price feeds for satUSD on Ethereum, BNB Chain, BOB, Arbitrum, and Base, matching River’s omni-CDP architecture, where users deposit collateral on one chain and mint satUSD on another via LayerZero. Pricing infrastructure has to follow the asset wherever it goes.
Each feed is powered by DIA’s Decentralized Feeder Network, where independent feeders scrape real-time trade data directly from the exchanges where satUSD trades, aggregate it through a verifiable two-step process on DIA’s own blockchain, and deliver the result onchain. No intermediary data vendors, no opaque pipelines. Protocols consuming the feed can trace every price back to its source trades.
For satUSD+, DIA deploys a fundamental feed using the Contract Exchange Rate (CER) methodology from DIA Value. Rather than observing secondary market trades, the feed reads the satUSD+/satUSD exchange rate directly from the vault contract on BNB Chain, computing fair value from what the protocol actually guarantees you can redeem.
This means lending markets and vault strategies integrating satUSD+ can price the asset based on verifiable onchain data rather than sparse DEX activity. The distinction matters most precisely when it matters most: during periods of market stress, when thin order books deviate furthest from fundamental value.
satUSD+ is a yield-bearing stablecoin, and its value is defined by what the protocol's staking contract actually pays out, not by what someone last traded it for on a DEX. DIA Value computes that fair value directly from onchain data, which means lending markets and vault strategies integrating satUSD+ can verify the price they're seeing. For an omnichain stablecoin system like ours, that reliability is non-negotiable.
River Core Team
Full contract addresses and integration guides are available in River’s documentation.
River’s TVL and cross-chain architecture make it a clear example of why oracle infrastructure needs to go beyond market observation.
As professional risk curators and capital allocators evaluate yield-bearing stablecoins for vault strategies, they need pricing they can model against. A last-trade price from a low-liquidity DEX pair is not that. A verifiable exchange rate read from the issuing contract is.
DIA Value’s fundamental valuation methodologies exist precisely for this category of asset: tokens whose value is defined by contracts, reserves, or portfolios rather than by trading. River’s satUSD+ is a textbook case of the Contract Exchange Rate methodology in action, and the integration demonstrates how market feeds and fundamental feeds work as complements within a single protocol’s oracle stack.
Fundamental and market price feeds for USDp and sUSDp now live across Hyperevm, Base, and Avalanche
Parallel Protocol has integrated DIA Value to deliver verifiable onchain price feeds for its stablecoin system. The integration covers both USDp and its yield-bearing wrapper sUSDp across four networks, and is live in production.
USDp is a collateral-backed stablecoin deployed across Hyperevm, Base, and Avalanche. That multichain footprint creates a pricing problem that market-based oracles handle poorly: liquidity is fragmented across chains, thin order books invite manipulation, and yield-bearing wrappers like sUSDp require chain-local vault rate accounting that single-price feeds don’t support.
The integration provides two complementary feed types:
Fundamental feeds compute USDp’s fair value directly from onchain redemption data. The oracle reads collateral composition and redemption curves from Parallel’s smart contracts in real time, producing a price that reflects what USDp can actually be redeemed for rather than what a thin secondary market last traded. For sUSDp, the fundamental feed multiplies the USDp benchmark by the chain-local vault exchange rate, keeping the price accurate per deployment.
Market feeds provide a separate USDp price sourced directly from trading venues, published under a distinct key so protocols can choose the methodology appropriate for their use case.
Both feeds are available via AggregatorV3-compatible adapters across all four chains.
When you operate a stablecoin across four chains, pricing fragmentation becomes a real engineering problem. DIA Value solved this for us by computing USDp's fair value directly from onchain redemption data, reading collateral composition and redemption curves from our smart contracts. One verifiable fundamental price, consistent everywhere. That's what lets integrators treat USDp as reliable collateral without building custom pricing logic per chain.
Noah Boisserie
CEO, Cooper Labs
For full technical implementation detail, see Parallel’s integration post.
Bitcoin (CRYPTO: BTC) closed the first quarter of 2026 down 23%, driving exhausted traders to pivot capital into a surprising alternative asset class: physical Pokémon cards.
Prominent crypto analyst Trader Mayne and pseudonymous collectibles expert CBS discussed on Wednesday how the Trading Card Game (TCG) market is absorbing liquidity as digital assets continue to trade sideways.
The “Bitcoin” Of CollectiblesVintage Pokémon cards are exhibiting price resilience, with CBS highlighting the 1999 Base Set First Edition Charizard as the “Bitcoin of the TCG market.”
TCGs are attracting crypto capital thanks to their scarcity, liquidity, and decoupling from wider digital assets.
Unlike altcoins with constant token unlocks and inflationary supply, vintage cards have fixed, verifiable caps.
High-end graded cards operate with near-instant liquidity at trade shows and online marketplaces, allowing traders to flip $50,000 physical assets in minutes.
And while Bitcoin and equities dumped over the last four months, vintage trading cards largely held their value or appreciated.
CBS views the current environment as a “land grab,” noting that wealthy millennials in their 30s are aggressively replacing traditional antiques with nostalgic physical investments.
Markets Held Hostage By HeadlinesBack on the traditional charts, Mayne emphasized that technical analysis is currently taking a backseat to geopolitical “tape bombs.”
Mayne noted this instant risk-on bid reveals the market’s total desperation for a de-escalation catalyst.
Until a formal ceasefire occurs, Mayne expects violent volatility and warns against forcing leverage in the middle of a headline-driven range.
Prediction markets currently price the odds of U.S. “boots on the ground” in Iran by the end of April at greater than 50%.
Mayne also took aim at Strategy Inc (NASDAQ:MSTR) and its Chairman Michael Saylor over the aggressive marketing of the company’s new 11.5% yield product, STRCH.
Saylor recently deployed heavily criticized, AI-generated promotional videos to advertise the fixed-income product to retail investors.
Mayne compared the marketing tactics to the peak-euphoria days of the collapsed Terra/Luna Anchor Protocol, labeling the campaign “unbelievably cringe” and warning that such aggressive retail targeting damages the broader credibility of the Bitcoin ecosystem during an already fragile market structure.
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The IMF’s Tokenized Finance note flags pricing of illiquid assets as a systemic risk. What does that mean for oracle infrastructure and institutional DeFi
The IMF published a note this month that deserves close reading from anyone building or allocating in tokenized finance. “Tokenized Finance” (NOTE/2026/001), authored by Tobias Adrian, the IMF’s Financial Counsellor, argues that tokenization is not an efficiency upgrade to existing financial plumbing but a structural reconfiguration of how trust, settlement, and risk management are organized.
The note is 23 pages and it covers settlement finality, governance of code, cross-border resolution, stablecoin risk, and wholesale CBDC design. But one thread runs through the entire document that hasn’t received enough attention: the pricing infrastructure gap for illiquid tokenized assets.
Adrian’s argument starts from a structural observation: Tokenized assets, including fund shares, securities, and programmable financial instruments, are migrating onto shared ledgers where settlement happens atomically and collateral moves in real time. For any of this to work safely, every asset in the system needs continuous, reliable pricing.
For liquid assets, this is solved. Exchanges produce prices and aggregators publish them.
But the asset classes driving institutional adoption don’t fit that model. Tokenized treasuries crossed $11 billion in market capitalization in March 2026, up from under $1 billion two years ago. BlackRock’s BUIDL fund alone holds over $2.1 billion. The broader RWA market (excluding stablecoins) sits at roughly $27 billion according to RWA.xyz.
These assets share a characteristic that breaks existing pricing infrastructure: they don’t trade continuously on liquid markets. Tokenized treasury funds don’t have order books. Fund NAV tokens don’t establish price through supply and demand. Yield-bearing tokens have redemption mechanisms encoded in smart contracts. Their value is defined by what the protocol guarantees you can redeem, not by what the last trade said.
The IMF note is direct about what happens when pricing infrastructure can’t handle this. When financial logic is embedded in smart contracts, automated margin calls triggered by distorted or stale price data force rapid liquidations. Adrian specifically flags faulty price feeds as a vector for cascading failures.
On October 10, 2025, $19 billion in leveraged DeFi positions were liquidated in 24 hours. The IMF note references this event directly as an example of automated liquidation triggers amplifying market stress.
Adrian’s note also addresses something the DeFi discourse largely skips: regulatory alignment with fair value standards.
Fair value measurement standards, specifically IFRS 13 and ASC 820, explicitly require fundamental valuation methods when markets are inactive. Institutional capital must comply with these standards. When a tokenized treasury fund enters a DeFi lending protocol as collateral, the pricing methodology underneath needs to produce valuations that would survive an audit.
Most of DeFi doesn’t think about this. But the capital it’s trying to attract does. An asset manager allocating to an onchain vault through a risk curator like Gauntlet or Steakhouse Financial needs the pricing layer to align with the same frameworks their compliance teams already operate under.
Adrian’s note connects these dots explicitly. Fair value infrastructure for illiquid tokenized assets is a regulatory precondition for the institutional capital that the entire tokenized finance thesis depends on.
The note points out that the pricing problem itself isn’t new. Fund administrators have computed NAV for illiquid portfolios for decades. Banks and auditors routinely model loan book valuations and verify reserve backing for money market instruments. The valuation logic is well-established.
What’s different onchain is that the inputs these methods need are often already available as smart contract state. Redemption rates, reserve balances, yield accruals, portfolio compositions. In traditional finance, collecting these inputs requires trusted intermediaries and batch processes. Onchain, they can be read directly, computed continuously, and verified by anyone.
This is where the note gets most interesting for anyone building oracle infrastructure. Adrian argues that as financial logic migrates into smart contracts, governance must extend beyond institutions to algorithms. The functions that smart contracts perform (executing collateral transfers, initiating default procedures) are systemically important and dependent on the data they consume.
The note’s language is worth paying attention to: formal verification and independent audits should be mandatory for systemically important contracts. Change management must be transparent. And, directly relevant to oracles, the governance challenge concerns not only code quality but the processes that design, validate, modify, and override the data feeds powering execution.
For pricing infrastructure specifically, this means the methodology behind every price needs to be inspectable: the inputs, the computation, the logic connecting them. When a vault liquidation fires because a tokenized treasury was repriced, the risk curator needs to be able to trace that price back to its source and verify the calculation was correct. That’s a governance requirement.
The note’s bias is toward permissioned, institutionally governed shared ledgers. Adrian’s preferred scenario has tokenized infrastructures built around wholesale CBDC with coordinated oversight. But the protocols that actually need fair value pricing today, Euler, Morpho, Silo, operate on permissionless infrastructure, with institutional risk curators managing vault strategies on open rails.
This tension matters for pricing specifically. A permissioned model implies designated entities computing and attesting to fair value, similar to how fund administrators operate today. A permissionless model implies transparent onchain computation where anyone can verify correctness. The IMF note doesn’t quite acknowledge this second option, but its own requirements (auditability, governance of data feeds, verifiable correctness) are more naturally satisfied by transparent computation than by institutional attestation.
The IMF has now framed the absence of fair value pricing for illiquid tokenized assets as a macro-level risk, a structural vulnerability in the financial system that tokenization is building.
At DIA, this is the problem we’ve been building against. DIA Value prices illiquid tokenized assets by computing fundamental value from onchain contract state, with the full computation verifiable.
When a protocol needs to price a yield-bearing token as collateral, Value reads the redemption rate directly from the issuing contract rather than relying on a thin secondary market. When a stablecoin protocol needs to verify its reserves match circulating supply, Value computes the backing ratio from onchain state.
It’s live across lending protocols and stablecoin infrastructure, and its architecture makes the full computation pipeline verifiable onchain, which is the design constraint the IMF note points to, even if it imagines a different institutional model delivering it.
The broader question is whether this pricing infrastructure will be built by permissioned intermediaries replicating traditional finance with a blockchain wrapper, or by verifiable open systems like DIA that give institutional actors the auditability they need without reintroducing the opacity they’re trying to leave behind.
U.S. stocks rose Monday, with gains led by energy and growth-sensitive sectors as investors weighed ongoing conflict in Iran against firm economic data.
The S&P 500 Energy index climbed as crude futures held near recent highs, well above the psychologically important $100 level, while broader sector gauges showed modest advances for tech and financials.
SPY shares are up. See the chart and price action here. President Donald Trump has set a deadline of Tuesday evening for Iran to reopen the Strait of Hormuz or face large‑scale strikes on power plants, bridges and other infrastructure.
Tehran has so far rejected U.S. ceasefire and reopening proposals, keeping markets on edge over whether the deadline brings de‑escalation or a major military escalation.
Oil and EnergyWTI crude futures hovered around the $112 dollar mark after briefly spiking above $115 dollars earlier Monday, as headlines around shipping disruptions and ceasefire efforts in the Strait of Hormuz kept volatility elevated.
The United States Oil Fund (NYSE:USO) was up slightly at $137.94, according to Benzinga Pro data.
The energy sector outperformed, with the S&P 500 Energy benchmark trading near the upper end of its recent range and the Energy Select SPDR ETF (NYSE:XLE) components showing broad participation in the rally.
Stock Movers Booking Holdings, Inc. (NASDAQ:BKNG) shares were trending and trading slightly higher on a split‑adjusted basis after its 25‑for‑1 stock split.
CryptocurrencyBitcoin (CRYPTO: BTC) approached the $70,000 mark, trading at $69,973 at the time of publication Monday, up 1.42% since the previous trading session. Over the last 12 months, Bitcoin has shed approximately 12%.
Trading Economics projects "digital gold" to be priced at $69,379 by the end of this quarter and at $76,045 in one year.
Monday's Performance In Major U.S. IndicesAccording to the Benzinga Pro platform:
Photo: Leonard Zhukovsky / Shutterstock
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The latest AI news China Iran artificial intelligence military US bases geopolitics story escalated on April 5 when an ABC News exclusive revealed that the US Defense Intelligence Agency has confirmed Iran’s Islamic Revolutionary Guard Corps is actively using AI-enhanced satellite imagery from a Chinese firm called MizarVision to identify, prioritize, and target US military installations across the Middle East.
Summary
MizarVision, a partially state-owned Chinese geospatial AI company, has been publishing AI-annotated high-resolution satellite imagery of US military bases on open-source platforms, with automated detection of aircraft, Patriot missile batteries, fuel depots, radar systems, and troop concentrations — capabilities once limited to classified national intelligence agencies DIA officials assess that the IRGC is actively using these datasets to refine missile and drone strike planning, compressing what previously required days of intelligence analysis to minutes; one intelligence official characterized the activity as a Chinese company “we believe maliciously, providing intelligence on an open-source platform” MizarVision posted at least six detailed analyses of Saudi Arabia’s Prince Sultan Air Base between February 24 and 27, identifying Patriot positions and aircraft locations; the base was struck less than 48 hours later, and one US service member later died from injuries sustained in the attack The latest AI news China Iran artificial intelligence military US bases geopolitics threat took concrete form on April 5 when ABC News first reported that the US Defense Intelligence Agency had assessed Iran’s IRGC as actively exploiting satellite imagery datasets from MizarVision — a Chinese geospatial AI firm with approximately 5.5% Chinese government ownership — to improve the precision and tempo of missile and drone strikes against US and allied forces.
MizarVision’s platform integrates machine learning trained on military signatures, automatically classifying aircraft types, radar arrays, hardened shelters, fuel depots, command centers, and naval vessels based on shape, thermal patterns, and contextual indicators. The AI adds geospatial metadata tags that can be directly integrated into targeting software and command-and-control systems. Its stated mission is to “democratize and universalize geospatial intelligence” — a goal that US defense officials now say Iran has operationalized for warfare.
How It Compresses Iran’s Kill Chain Traditional targeting intelligence collection, processing, analysis, and dissemination cycles take days. MizarVision’s AI reduces that to minutes by automatically generating tagged, geolocated target packages from commercially available satellite imagery. For Iran’s IRGC — which lacks the classified satellite constellation and imagery analysis units of a major power — this represents asymmetric capability: outsourcing targeting intelligence from a commercially accessible platform while maintaining operational plausibility.
DIA officials told ABC News that Iran is using these datasets not just to identify targets but to conduct pattern-of-life analysis, tracking deployment routines and periods of maximum vulnerability. That allows the IRGC to shift from broad saturation attacks toward selective strikes against air defense radars, maintenance shelters, and fuel storage facilities — the specific nodes that reduce US air combat effectiveness.
The Prince Sultan Air Base Sequence The most alarming evidence centers on Prince Sultan Air Base in Saudi Arabia. MizarVision published detailed posts identifying Patriot missile battery positions on February 24, and aircraft parking locations on February 27. On March 1, satellite imagery showed smoke rising from damaged sections of the base following an Iranian strike. US intelligence later confirmed one service member was seriously wounded and subsequently died.
The Geopolitical Dimension MizarVision has also published imagery of Diego Garcia, Israeli positions, Australian naval movements, and TSMC’s semiconductor plant construction, extending the concern from conflict intelligence to strategic industrial surveillance. China officially maintains a neutral position on the Iran war. The firm operates within a Chinese government framework that analysts describe as providing Beijing “plausible deniability” — the ability to assist regional partners while avoiding direct military involvement.
As crypto.news reported, Iran has already struck tech and energy infrastructure across the Gulf as part of its asymmetric response strategy. As crypto.news noted, each confirmed escalation in the conflict has produced immediate crypto market sell-offs, with the AI targeting dimension now adding a new layer of unpredictability to any de-escalation timeline.
“Future wars will be shaped as much by who can interpret and weaponize data fastest as by who fields the most advanced missiles, aircraft, or air defense systems,” one GDC analyst assessed — a conclusion the MizarVision case has now made difficult to dispute.
U.S. stocks surged to one-month highs on Wednesday as a temporary ceasefire between the U.S. and Iran triggered the biggest single-day oil price collapse in years, easing concerns about energy-driven inflation and sparking a sweeping relief rally from airlines to semiconductors.
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President Donald Trump declared on Truth Social that Iran “has gone through what will be a very productive Regime Change” and pledged “there will be no enrichment of Uranium,” adding that many of the 15 negotiating points had been agreed to and that the U.S. would work with Tehran on tariff and sanctions relief.
The session was not without turbulence. Iran’s Foreign Minister Abbas Araghchi signaled that seriousness from the U.S. side would still be required to achieve lasting stability, while an early-morning report of an attack on Saudi Arabia’s vital east-west oil pipeline tested risk sentiment. Iran also signaled that Israeli strikes on Lebanon made after the ceasefire will trigger a strong response.
By midday in New York, WTI crude plunged 15.9% to around $95 per barrel — its steepest single-session drop since April 2020 — as Iran’s agreement to reopen the Strait of Hormuz eliminated a significant geopolitical premium that had built up in energy markets over five weeks of conflict.
Brent crude fell 13.3%, settling near $94.70 per barrel.
The yield on the 10-year U.S. Treasury note fell approximately three basis points to 4.27%, its lowest level in roughly three weeks, as the oil price collapse dampened inflation expectations.
Markets now price in roughly a 35% chance of a Federal Reserve rate cut by year-end, compared with near-zero odds at the start of the week.
Across U.S. equity markets gains were broad-based and led by technology, industrials, and consumer discretionary — precisely the sectors most sensitive to lower oil prices, falling yields and rebounding risk appetite.
The Russell 2000 climbed 3.1%, with small caps leading gains as the risk-on rotation broadened into rate-sensitive domestic stocks.
Spot gold edged up 1.0% to $4,756 per ounce, while Bitcoin (CRYPTO: BTC) held steady at $71,000.
Wednesday’s Performance In Major U.S. IndicesAccording to the Benzinga Pro platform:
Airlines Soar, Chips Surge As Energy Stocks Bear The BruntThe SPDR S&P Oil & Gas Exploration & Production ETF (NYSE:XOP) led industry losers with a decline of 6.2%.
Wednesday’s Top 5 Gainers (Russell 1000)Wednesday’s Top 5 Losers (Russell 1000)Market News and Data brought to you by Benzinga APIs
U.S. stocks held modest midday gains Thursday as tentative Lebanon–Israel diplomatic overtures introduced a fragile layer of optimism into an otherwise tense geopolitical backdrop.
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In a late-night post on Wednesday, President Donald Trump warned that all U.S. military assets would remain positioned near Iran "until such time as the real agreement reached is fully complied with," underscoring the conditional nature of any de-escalation.
Tehran, meanwhile, accused Washington of breaching ceasefire terms and reiterated threats against vessels awaiting transit through the Strait of Hormuz, which remained shut — a stark reversal from Wednesday's relief-driven rally that had sent equities higher while triggering a sharp unwind in energy prices and bond yields.
A fresh geopolitical development offered some relief. Israeli Prime Minister Benjamin Netanyahu confirmed that Lebanon had requested direct talks, with Israel agreeing to engage. A senior Lebanese official signaled that negotiations would require U.S. guarantees and begin with a temporary ceasefire framework.
In commodities, WTI crude rose 3.8% to $98.01 per barrel, paring earlier gains after briefly reclaiming the $100 level.
Across U.S. equities, gains remained narrow but broadly distributed by midday, with consumer discretionary and industrials leading, while software and cloud names weighed on growth indices.
The S&P 500 climbed 50 points, or 0.7%, to 6,833. The Dow Jones Industrial Average advanced 317 points, or 0.7%, to 48,227. The Nasdaq 100 gained 175 points, or 0.7%, to 25,078.
Gold rose 1.5% to $4,792 per ounce, supported by safe-haven demand, while Bitcoin (CRYPTO: BTC) added 1.5% to $71,170.
Thursday’s Performance In Major U.S. IndicesAccording to the Benzinga Pro platform:
Software Tumbles On AI ThreatsMinutes from the Federal Reserve's March meeting, released Thursday, showed a growing share of policymakers increasingly concerned that war-driven energy shocks could reignite inflationary pressures.
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Litecoin launched in 2011 as a payments network. For 14 years it has operated without native smart contracts, DeFi, or programmable assets. LitVM changes that.
LitVM is Litecoin’s first trustless EVM rollup, officially endorsed by the Litecoin Foundation. It is built on Arbitrum Nitro with Succinct’s SP1 zkVM for validity proofs and BitcoinOS’s Grail Bridge for trustless LTC transfers. Its LiteForge testnet is live, opening Litecoin to DeFi protocols, yield markets, and tokenized assets for the first time.
Every protocol that deploys on LiteForge needs pricing infrastructure. Lending markets mark collateral against oracle prices. DEXs quote reference rates. Without reliable feeds, nothing that touches price data ships.
DIA is now the oracle layer for LitVM.
Price feeds for BTC, LTC, ETH, USDC and other major assets are deployed on LiteForge (chain ID 4441). Both push and pull delivery are available. Each dApp on LitVM configures its own data sources, update frequency, and deviation or time-based triggers. Lending protocols and perp DEXs have different requirements from the same infrastructure.
DIA sources data directly from exchanges and onchain venues rather than relying on third-party aggregators. Every feed is transparent at the source level. Long-tail assets native to LitVM’s ecosystem can be supported on request.
DIA's transparent, source-level data feeds align with what we're building: a DeFi ecosystem where nothing is hidden and nothing is trusted blindly. We're proud to have DIA as LitVM's oracle infrastructure provider.
Aztec Amaya
Co-Founder, LitVM
LitVM’s roadmap extends into tokenized commodities, institutional yield, and AI applications. DIA’s product stack covers all three: RWA price feeds, proof of reserves and fundamental feeds, and verifiable randomness. These are available to LitVM builders as use cases emerge on the rollup.
The integration guide is available at diadata.org/docs/guides/chain-specific-guide/litvm. LitVM builders can request custom feed configurations or additional asset support by reaching out to the DIA team.
The Nasdaq 100 surged past 28,000 during Tuesday morning trading, setting a fresh record as AI-driven gains in semiconductor stocks continued to power the broader tech sector, defying pressure from elevated oil prices and geopolitical tension.
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The S&P 500 climbed 0.8% to 7,259 by midday trading in New York, while the Dow Jones Industrial Average added 0.6% to 49,228 and the tech-heavy Nasdaq 100 jumped 1.1%.
Small-caps led the tape, with the Russell 2000 rallying 1.6% to 2,840 as falling Treasury yields lifted rate-sensitive corners of the market. The CBOE Volatility Index slipped 4.6% to 17.45, signaling a notable easing of risk aversion.
The driving force was a sharp drop in energy prices. WTI crude tumbled 4.1% to $102.08 a barrel and Brent slid 3.5% to $110.47 after President Donald Trump signaled progress in negotiations with Iran.
The 10-year Treasury yield ticked down to 4.07%, and the long bond eased to 4.42%, supporting interest-rate-sensitive sectors. The U.S. Dollar Index drifted lower as the euro firmed to 1.1700 and the British pound advanced to 1.3564.
Gold added 0.9% to $4,562 an ounce, while Bitcoin (CRYPTO: BTC) rebounded 1.9% to $81,404, lifting crypto-linked equities.
Tuesday’s Performance In Major U.S. Indices, ETFsAccording to Benzinga Pro platform:
Sector Performance: Materials Lead, Communications LagMicron Technology, Inc. (NASDAQ: MU) rallied 9.8% to $633 amid resilient AI-memory pricing and bullish hyperscaler capex commentary, while SanDisk Corporation (NASDAQ: SNDK) tracked higher in sympathy.
Bullish (NYSE: BLSH), a cryptocurrency exchange and blockchain technology company, led the entire Russell 1000 with a 13% surge to $45.99, riding renewed enthusiasm in digital-asset infrastructure as Bitcoin reclaimed $81,000.
Earnings reactions and idiosyncratic catalysts drove outsized single-name moves on Tuesday.
Russell 1000 Top GainersCompany% ChangeBullish+13%Waters Corp+12.2%Intel Corp+14.11%Rockwell Automation+11.8%Micron Technology+9.8%Russell 1000 Top LosersCompany% ChangeBellRing Brands-43.4%IPG Photonics-25.9%Inspire Medical Systems-16.4%Procore Technologies-10.6%Huntington Ingalls Industries-10.1% Photo: PJ McDonnell via Shutterstock
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The Nasdaq is down 1.30% while the S&P 500 has shed 0.94%.
Bitcoin Depot Warns Of Going Concern RiskRecently, Bitcoin Depot said it may not be able to continue as a going concern after reporting a sharp revenue decline, rising litigation costs and ongoing regulatory pressure tied to its Bitcoin ATM business. The company disclosed the risks in an 8-K filing with the U.S. Securities and Exchange Commission.
The company filed a Form 12b-25 on May 12, stating it could not complete its quarterly Form 10-Q for the period ended March 31, 2026, within the required deadline. Bitcoin Depot said it needed additional time to review financial statements related to a previously disclosed material weakness involving its cash-in-transit reconciliation process.
The company said state and municipal regulations restricting Bitcoin ATMs, transaction limits and fee caps, along with enhanced Know-Your-Customer compliance measures, significantly hurt transaction volume and revenue. Bitcoin Depot also disclosed more than $20 million in legal judgments accrued during the fourth quarter of 2025 and said ongoing litigation continues to strain resources.
Management concluded that "substantial doubt exists about the Company's ability to continue as a going concern."
Preliminary Q1 Results Show Sharp DeclineBitcoin Depot's preliminary first-quarter revenue fell $80.7 million, or 49.2% year over year, primarily due to lower transaction volume driven by regulatory changes and stricter compliance controls.
Gross profit dropped 85.5% to $4.5 million from $31.2 million a year earlier. The company reported a net loss of $9.5 million, compared with net income of $12.2 million in the prior-year quarter.
Operating expenses rose 32.3% year over year, mainly due to higher litigation costs. Cash and cash equivalents declined to $44 million as of March 31, down from $65.6 million at the end of 2025.
Bitcoin Depot said it is evaluating options including debt refinancing, asset sales, restructuring measures and other strategic transactions to address its financial challenges.
Technical AnalysisEven after Friday's jump, BTM is still in a longer-term downtrend: it's trading 45.8% below its 20-day SMA ($5.77) and 77.1% below its 200-day SMA ($13.69). That gap tells you the stock is trying to stabilize from a deeply damaged trend, but it hasn't reclaimed the moving-average "zones" that usually define healthier uptrends.
The bigger-picture trend signal remains heavy because the 50-day SMA is below the 200-day SMA (a death cross that occurred in November 2025). That said, the 20-day SMA is above the 50-day SMA, which can hint at a near-term basing attempt if price can start closing back above the shorter averages.
For momentum, MACD is the cleaner read right now: it's below its signal line and the histogram is negative, which points to fading upside pressure versus the prior upswing. In plain terms, when MACD is below its signal line, momentum is cooling unless buyers can push it back above that baseline.
From a structure standpoint, the stock is also coming off a recent swing low in March after a swing high in April, which frames the current move as a bounce inside a broader downtrend. With the 52-week range stretching from $48.16 to $1.91, BTM is still much closer to the low end of its yearly range than the high—another reminder that rallies may face overhead supply.
Key Resistance: $4.37 — aligns with the 50-day SMA, a common "first real test" area in rebound attempts Key Support: $1.91 — the 52-week low zone, where buyers previously defended the tape Company BackgroundBitcoin Depot operates one of the largest cryptocurrency ATM networks in North America, allowing users to buy and sell digital assets through physical kiosks and retail locations. The company went public through a SPAC merger and has since focused on scaling transaction volume while navigating regulatory and market pressures tied to the crypto sector.
Price ActionBTM Stock Price Activity: Bitcoin Depot shares were up 13.31% at $2.68 at the time of publication on Friday, according to Benzinga Pro data.
Image via Shutterstock
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U.S. stocks climbed to fresh record highs by midday Friday as investors piled further into the artificial-intelligence trade following a blockbuster forecast from Dell Technologies Inc. (NYSE:DELL).
Dell surged 28% after reporting first-quarter revenue of $43.8 billion, an 88% increase from a year earlier, alongside adjusted earnings of $4.86 per share.
The company disclosed $24.4 billion in AI-related orders and dramatically raised its fiscal 2027 outlook, projecting revenue of $165 billion to $169 billion versus Wall Street expectations of roughly $144 billion.
Dell also boosted its AI server revenue target to approximately $60 billion, reinforcing optimism around the broader AI infrastructure buildout.
Meanwhile, easing geopolitical tensions in the Middle East continued to pressure energy markets. U.S. crude oil futures fell to $87 a barrel, leaving WTI on track for a second consecutive weekly decline.
Adding to the risk-on mood, President Donald Trump said Friday that “the Hormuz Strait must be immediately open, no tolls, for unrestricted shipping traffic, in both directions,” adding that the U.S. naval blockade “will now be lifted” as he headed to the Situation Room to make a final decision on a proposed agreement with Iran.
Within U.S. equity markets, gains were concentrated in large-cap technology shares, while small caps and defensive sectors lagged.
The S&P 500 advanced 0.2% to 7,581.84, extending its monthly gain to nearly 5%. The benchmark index is also on pace for a ninth consecutive weekly advance — a streak achieved only 10 times since World War II.
The Dow Jones Industrial Average rose 378 points, or 0.8%, to a record 51,047.02.
The small-cap Russell 2000 underperformed, slipping 0.7% to 2,915.80.
In commodity markets, gold gained 1.5% to roughly $4,564 an ounce as Treasury yields retreated, while Bitcoin (CRYPTO: BTC) traded little changed near $73,742.
Friday’s Performance In Major US IndicesAccording to the Benzinga Pro platform:
Dell’s AI Blowout Powers The Server TradeTechnology led the tape, with the Technology Select Sector SPDR Fund (NYSE:XLK) out front as AI hardware and software names rallied.
Costco Wholesale Corp. slid 4.7% after third-quarter EPS of $4.93 narrowly missed the $4.98 consensus on margin pressure and a lofty valuation, despite a revenue beat.
Friday’s Russell 1000 Top GainersFriday’s Russell 1000 Top LosersPhoto: Shutterstock
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U.S. stocks retreated from record highs at midday Wednesday as hotter-than-expected economic data and a renewed surge in Treasury yields revived fears the Federal Reserve could soon raise interest rates.
The S&P 500 fell 0.6% to around 7,568, putting a nine-session winning streak in jeopardy. A late-day rebound back into positive territory would instead stretch the run to 10 days, its longest since 1995.
Treasuries Sold Off SharplyThe yield on the 10-year note climbed about 6 basis points to 4.50%, the 2-year rose to 4.10%, and the 30-year held at 5.00%.
The move followed ADP data showing the private sector added 122,000 jobs in May, above forecasts and the strongest reading since January 2025, alongside a stronger-than-expected ISM Services index at 54.5 and a 4.8% jump in factory orders.
The small-cap Russell 2000 underperformed, falling 1.2%.
Meanwhile, the latest Iranian strikes and a sharp drop in U.S. crude inventories lifted oil for a third straight session.
West Texas Intermediate crude rose 2.5% to trade above $96 a barrel, while Brent climbed 2.0% toward $98, extending a third consecutive daily advance after government data showed U.S. crude inventories fell by roughly 8 million barrels last week, far more than expected.
Bitcoin (CRYPTO: BTC) fell for the fourth straight session to $65,900, reaching lows last seen in late March.
Wednesday’s Performance In Major US IndicesAccording to Benzinga Pro:
Energy Leads As Oil Reclaims $96, Software Rout Sinks TechMarvell has now rallied over 50% in the past three sessions, on pace for the strongest rally since October 2001.
Wednesday’s Russell 1000 Top GainersWednesday’s Russell 1000 Top LosersImage: Shutterstock
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As part of efforts to power safe development of DeFi applications on its Web3 ecosystem, LitecoinVM, a Layer-2 solution designed to bring smart contracts and EVM compatibility to the Litecoin blockchain, today entered into a strategic partnership with DIA Oracles, a trustless blockchain oracle platform that delivers verifiable data feeds to onchain applications.
LitecoinVM is an EVM-compatible, zero-knowledge layer-2 rollup built on Litecoin, designed to bring smart contract functionality, DeFi utilities, and real-world asset tokenization to the Litecoin blockchain, which previously lacked these capabilities.
The above collaboration enabled LitecoinVM to integrate DIA open-source oracle infrastructure, ensuring that DApps (decentralized applications) and related development activities on the layer-2 network have access to reliable data feeds that are widely utilized across DeFi.
Why LitecoinVM Integrates DIA Oracles With the integration of DIA oracles, LitecoinVM resolves the common fundamental challenge: smart contracts’ inability to natively access off-chain data (data that exists outside the blockchain environment). For DApps on the LitecoinVM and interconnected chains to efficiently operate and fully unlock their capability in areas such as DeFi, NFTs, gaming, RWA, and several other Web3 utilities, they need to access real-world data. This is the function that DIA oracles come to play in LitecoinVM.
The integration of DIA oracles on the layer-2 network allows Litecoin developers to bring real-world data into LitecoinVM smart contracts, improving the functionality and utility of their DApps. DIA oracle incorporation ensures that DApps on the LitecoinVM layer have access to reliable, real-world data feeds.
Building Robust DeFi Applications for User Experience The infusion of DIA oracles into LitecoinVM smart contracts unleashes a huge variety of opportunities for Litecoin developers. This enables them to access real-world data and also expand the functionality of LitecoinVM smart contracts beyond purely on-chain activities, bringing real-world events into decentralized applications seamlessly and securely on the Litecoin DeFi ecosystem. This tech incorporation enables developers to build powerful, data-driven DApps on LitecoinVM, which are trustless, transparent, and secure.
Developers building DeFi platforms, NFT assets, and various Web3 applications require real-time data, explaining why the DIA oracle integration is crucial for strong, real-world functionalities of DApps on LitecoinVM. By capitalizing on the DIA oracle solution, LitecoinVM brings their DApps to life with reliable data feeds.
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.
Travala.com, a blockchain-based hotel booking platform, has announced that crypto users can now pay with the stablecoin Tether (USDT). Travelers can book a stay at any number of accommodations around the world on the online platform by using USDT.
Travala.com is an Amsterdam-based travel firm with over 17,000 employees around the world. The company’s platform offers crypto users access to over two million properties in more than 90,000 destinations across 230 territories.
In addition to Tether, Travala.com also accepts crypto payments in the form of Bitcoin, Ethereum, XRP, Litecoin, Binance Coin, Bitcoin Cash, Stellar, and Cardano. The company touts that its prices are up to 40% cheaper than other travel booking platforms.
Says CEO Matt Luczynski,
“Part of our mission is to provide our users with a wide choice of the most well known and used cryptocurrencies so it made perfect sense for us to integrate USDT as a payment option on Travala.com.”
Tether is the most popular cryptocurrency in terms of trading volume. At time of writing, Tether’s 24-hour trading volume is over $26.6 billion compared to Bitcoin’s $22.1 billion. Ethereum is a far third at $8.47 billion.
Coinbase cryptocurrency exchange recently filed for regulatory approval to offer future products related to several altcoins, including SHIB and AVA. The submission to the Commodity Futures Trading Commission (CFTC) includes proposals for derivatives tied to DOT, SHB, XLM, AVA, and LNK, with trading potentially commencing as early as July 15. This move aligns with Coinbase’s strategy to enhance its derivatives market and cater to a broader investor base, adhering strictly to U.S. regulatory standards.
Coinbase Files for Futures on SHIB, AVA The introduction of futures contracts for altcoins such as SHIB and AVA marks a significant expansion in Coinbase’s product offerings. Upon approval, these products will provide traders and institutional investors with new mechanisms to manage risk, speculate on price movements, and engage more fully in the cryptocurrency economy.
This expansion aims to diversify Coinbase’s portfolio and improve its users’ trading experience by requiring less capital upfront. The company’s approach underlines its commitment to increasing accessibility to the crypto economy while maintaining compliance with stringent regulatory frameworks.
Coinbase has proactively forged strategic partnerships to broaden its service capabilities and enhance on-chain adoption. A notable collaboration with payment processor Stripe is set to expedite transactions and integrate new systems that support faster and more affordable services.
This partnership focuses on integrating USDC on Stripe’s Base platform, facilitating quicker transactions across over 150 countries. Additionally, this collaboration will streamline the process for U.S. customers converting fiat to crypto, integrating convenient payment methods such as Apple Pay and credit cards directly into Coinbase’s Wallet service.
Also Read: 21Shares Submits Application For Solana ETF
AVA Leads as Coinbase Proposes New Futures Seeking CFTC approval for these new futures listings is a calculated step by Coinbase to attract more institutional investors by ensuring a regulated trading environment. This regulatory adherence is crucial for building trust and credibility among a broader range of investors, particularly those cautious about the volatile nature of cryptocurrencies.
At the time of reporting, AVA had the largest market capitalization among the proposed altcoins, at $11.1 billion, and its trading price had slightly increased. In contrast, SHIB, despite its lower price point, remains a popular choice among investors, reflecting the diverse interest in the crypto market.
Also Read: SEC Sues ConsenSys For Conducting Securities Via MetaMask
