DEX-to-CEX spot volume ratio slides 7% from peak
A modest pullback in the ratio, but the narrative behind it — fading DeFi speculation, lighter retail onchain activity, and a year of large protocol exploits — points to liquidity concentration on…
Decentralized finance — DEXs, lending, yield strategies, on-chain derivatives, and tokenized real-world assets.
A modest pullback in the ratio, but the narrative behind it — fading DeFi speculation, lighter retail onchain activity, and a year of large protocol exploits — points to liquidity concentration on…
The launch extends Hyperliquid's app-chain model into a category Polymarket has owned since the 2024 election cycle — but settles on Hyperliquid's orderbook rather than a separate AMM.
Hyperliquid has rolled out a prediction markets layer governed directly by its validator set, extending the platform's…
The in-house validator model sidesteps UMA's optimistic oracle — and turns Hyperliquid into a venue where a single account can hold crypto perps, macro bets, and event-driven contracts at once.
The upgrade pushes core exchange functions — matching, margining, liquidation, settlement, risk — down to the protocol layer, letting anyone spin up spot, perps, or outcome markets on shared…
The setup lets validators curate and settle real-world event markets — a step that ties prediction market credibility to the same staked infrastructure already securing the chain.
Optimism's final core contributor and investor vesting tranche is the headline at $4.18M, but GUA and H together account for more than two-thirds of the week's unlocked supply.
A pre-mine Ethereum address that had sat untouched for 10.8 years was activated this week, moving 2,000 ETH now valued…
Brian Armstrong's roadmap reads like a manifesto: tokenized real-world assets, 24/7 global markets, stablecoin payments, and AI agents are the moves he thinks the legacy stack has to make next.
While BTC, ETH and SOL have shed a third or more since September 2025, Hyperliquid's native token is up 120% YTD — Bitwise's CIO now frames it as a $600T-asset super-app, not a $3T crypto bet.
Seven perp DEX tokens listed in the past year, and only ASTER and EDGE are in the green on FDV — the rest are off 30-55%, a sobering read on a sector that priced in billions.
The Brent and WTI perpetual contracts land on a regulated venue the same week ICE and CME flagged onchain rivals as a systemic risk to benchmark oil markets.
Across 400+ managers, all sub-strategies posted positive average returns in April — a rare aligned tape where market-neutral books quietly compounded alongside directional winners.
An on-chain trader identified as 0xf01d has opened a 5x leveraged long position on 4.58 million ONDO tokens, equivalent…
Aave V3 deployed on X Layer roughly a week ago, and the chain's TVL has tripled since — the strongest 30-day inflow among major L2s and a rare triple-digit gain outside a launch window.
An oracle is the layer DeFi assumes is always there; when Pyth's mainnet feeds go dark, every perp, lending book, and liquidation engine reading them has to make a call on whether to keep trading or…
A targeted exploit on the prediction market's optimistic-oracle bridge — not its main AMM — underscores how interconnected DeFi composability keeps turning a single adapter into a system-level risk…
On-chain investigator ZachXBT has flagged a suspected exploit involving the UMA adapter contract used by Polymarket…
Japan is a top-3 prediction-market TAM and Polymarket is currently blocked there — but the path runs through a Penal Code that criminalizes habitual gambling, and Kalshi is closing the volume gap…
vBTC.b ships as a 1:1 collateralized Bitcoin asset on a Coinbase L2, with native BTC redemption and self-custody integration from day one — the bet is that real BTC collateral beats another synthetic…