Abraxas Adds 13,700 ETH as Hyperliquid Shorts Near $1B
Buying spot against a $1B short isn't contradiction, it's basis-trade hedging. The structural tell is the venue: Hyperliquid now hosts whale-scale perp books that rival centralized exchanges.
Decentralized finance — DEXs, lending, yield strategies, on-chain derivatives, and tokenized real-world assets.
Buying spot against a $1B short isn't contradiction, it's basis-trade hedging. The structural tell is the venue: Hyperliquid now hosts whale-scale perp books that rival centralized exchanges.
The 70x call from Geoffrey Kendrick's desk hinges on Robinhood Chain flipping Arbitrum from a memecoin-heavy L2 into the default venue for $4T of tokenized traditional assets, a thesis even the bank…
Even after team cuts and a v3 rebuild, revenue never recovered from the Nov. 2025 $128M hack. A Sept.
Token swap is community-gated, but if it lands, XRPL gets its first live institutional credit market and a template for the institutional builders who have written the chain off.
A 12-hour liquidation sweep of this scale signals forced selling, not orderly profit-taking, and the flush below $77K removes a key psychological support level the market had held for weeks.
Confidential wrappers around battle-tested Morpho markets attack the structural blocker that has kept institutional capital on the sidelines: positions, balances, and strategies exposed to…
Six months after the November 2025 exploit drained $128M from Balancer v2, the DAO is conceding v3's path back to profitability never landed and is returning its remaining $9M treasury to BAL holders.
The new Transaction V1 format more than triples the per-tx ceiling to 4,096 bytes, letting multisig and zero-knowledge proofs finally fit on-chain without the multi-tx workaround Ethereum never…
The omission matters because mining and staking rewards are the two crypto tax questions every operator, validator, and protocol team has been waiting on Washington to clarify.
The trade doubled the initial outlay in a single hour, a return profile more common in memecoin launches than in sustained markets and a reminder of the asymmetric risk on both sides.
The de minimis exemption, staking and wash-sale language address the industry's longest-running asks, but the realistic 2026 path runs through the next Congress.
The platform says 40% of peak trading volume now sits in non-crypto assets and its rToken product crossed $100M in AUM within five weeks of launch.
The position size is unusually heavy for a single wallet, but the bigger read is the venue: a $980M short book stacked on Hyperliquid rather than a CEX perp desk keeps the trade on-chain and visible…
Bitcoin's lower highs and lower lows remain intact, making the $82,800 pivot the key test before Soloway looks to buy aggressively on pullbacks.
Most of that volume isn't coming from Robinhood's brokerage users yet, leaving the largest monetizable audience untapped, and is why the chain reads as long optionality on retail tokenization.
A nine-figure short squeeze in half an hour points to a sharp, leverage-driven move higher, the kind that can accelerate a rally well beyond what spot buyers alone would produce.
The Sept. 11 TokenLogic proposal formalizes a stacked backstop: DAO capital absorbs the first deficits, volunteer underwriters take the next layer, and supplier protection is scoped strictly…
The deal forces divestiture within days, lets state AGs sue to enforce, and bars exchanges from listing any presidential token. A Tuesday cloture vote is the next hurdle.
The options move puts $80K and $100K in focus, but Federal Reserve policy risk still leaves the rally sensitive to liquidity and risk appetite.
London still clears 70% of global gold notional volume, a lead China has been steadily chipping at. A bespoke UK regime could keep that trading anchored to London while unlocking tokenized gold as…