Whale Opens $38.9M 10x Leveraged Crude Oil Long on Hyperliquid
A fresh wallet funded 4.24M USDC on the on-chain perp DEX and went long 500,000 oil contracts at 10x leverage, with a liquidation line at $71.50.
On-chain derivatives — perpetuals, options, structured products, prediction markets, and volatility instruments.
A fresh wallet funded 4.24M USDC on the on-chain perp DEX and went long 500,000 oil contracts at 10x leverage, with a liquidation line at $71.50.
Event contracts and 24/7 leveraged bets on CPI, Fed moves, and oil are outrunning the legal frameworks meant to define them — and that classification fight now decides whether US venues can host the…
The high-leverage trader reopens a short with a $64,717 liquidation line — the position is small relative to his earlier nine-figure bets but the size of the leverage is the same.
Prediction markets have already crossed $2B in World Cup volume before kickoff, and the early winners are now locking in — a signal of how fast sports is becoming crypto's go-to event-contract…
The unusual suit argues Kalshi's Bitcoin perps are "swaps" under Dodd-Frank, not futures — and that the CFTC rubber-stamped the listing without doing the legal analysis.
With $10B of Bitcoin options set to expire June 26 and 80% out of the money, derivatives are now setting spot prices — and the same shift is reshaping equities, prediction markets, and tokenized…
The yes-or-no contracts won't be event-style like Kalshi or Polymarket, but they slot a top US brokerage directly into the same wagering lane — and signal TradFi is comfortable moving closer to…
Selig's Bankless remarks signal Washington may rewrite decades-old exchange rules to let 24/7 on-chain derivatives venues register in the US — if investor protections and disclosures are met.
The lawsuit argues perps should be swaps, not futures — and the legal read is that CME has both the procedural and substantive advantage heading into a likely injunction fight.
The first major US broker-led entry into event-based trading sidesteps political and sports contracts — a regulatory and reputational hedge that may shape how TradFi giants enter the space.
The joint rulemaking lands days after CME sued the CFTC over its approval of Kalshi's perpetual futures — meaning the comment period will shape the very product line the lawsuit targets.
The pitch to bankers comes six weeks after a $1B Series F at a $22B valuation, with annualized revenue doubling since March and May monthly volume hitting $16.8B — even as state-level lawsuits pile…
A $300M-valuation startup pitching joint CFTC-SEC oversight for single-name equity perps arrives just as the agencies are harmonizing their rules and CME is suing over the very approvals that would…
The Stop Lawmakers from Predicting Act targets Kalshi and Polymarket-style political bets, with fines near $2,000 or 10% of the wager — but a Senate companion and a DOJ arrest signal the fight is…
The $2B-a-month Base-native venue is using the offshore perp trajectory as its strategic compass — a fragmented market of coexisting venues arbitraged by the same pro desks, not a winner-take-all…
Twelve wallets tied to a16z have quietly bought and staked 4M HYPE on Hyperliquid since March at ~$64 average — the kind of patient TWAP accumulation that turned early a16z bets on L1s into…
The mechanism is engineered to compress supply from 8B to 3B while routing every buyback back to veASTER stakers — a self-funding demand loop tied directly to platform revenue.
The lesson from Cape Verde, Netherlands, and Belgium isn't that upsets happen — it's that win-only contracts priced at 92% collapse to zero the moment a draw lands, while "not to win" and spread…
The bid is real — combined Kalshi and Polymarket volume nearly doubled to $14B by June — but liquidity depth, basis risk, and who settles a disputed outcome decide whether corporate treasuries ever…
The tokenomics overhaul is the structural story — 99% of daily fees routed to buybacks plus a bi-weekly burn down to a 3B supply target — but Wednesday's session proved protocol-level catalysts still…