Decentralized finance — DEXs, lending, yield strategies, on-chain derivatives, and tokenized real-world assets.
The gap matters more than the headline figure: Hyperliquid's monthly volume is now four times its nearest competitor, signalling how concentrated perp-DEX liquidity has become.
The structural cost is that options desks are still bidding for downside even as implied volatility keeps printing muted; that divergence between hedges and vol is what historically resolved…
The state-versus-CFTC fight over who regulates prediction markets just got its first concrete court loss for Kalshi, and the TRO is only the opening round.
A freshly created account posted a 93% win rate across 15 World Cup markets in five days, a track record more typical of insider flow than sharp betting.
A single address turned $951K of margin into a near-double on a 6-day SYN long, the kind of concentrated bet smart-money trackers follow for early reads on perpetual DEX positioning.
The wallet is already up $38.8K and 103% on $37.6K of seed capital within hours, a reminder that isolated high-leverage longs on a single perp venue can move sharply independent of the broader tape.
Combined 1,700 BTC of short exposure at 20x and 40x leverage is a small fraction of open interest, but the wallet histories and sizing signal high-conviction directional bets against near-term price.
The debut lands on Thursday under ticker SECZ, giving public investors a rare pure-play on tokenization just as Citi and Standard Chartered project trillions in real-world assets moving onto…
The platform reweights the leaderboard away from raw P&L toward win-rate accuracy, a structural shift that lets smaller, sharper wallets outrank whales by sheer hit rate.
SVB says BTC credit has emerged from the 2022 collapse with overcollateralization, transparency and bank capital behind it, with $67B in crypto-backed loans and a path to lower rates.
The FCA registration turns Aave into the rare DeFi protocol with a compliant on-ramp from UK bank accounts, but Push will live or die on whether the rails retain users after the deposit.
The proposal splits credit decisions (off-chain, with human underwriters) from loan mechanics (on-chain, fixed at the base layer), betting that predictable, governance-free rules are what…
The integration hands Aladdin banks, insurers and pensions direct access to Ethena's synthetic dollar, while BUIDL becomes the reserve asset for a new white-label product, deepening BlackRock's…
DraftKings' DKeX launch is the latest sign of trading and betting platforms taking exchange infrastructure in-house, and Bernstein now calls industry consolidation tangible rather than hypothetical.
The Aladdin endorsement slots Ethena into the operating layer US asset managers already use to move trillions, not just onto their watchlist.
Bernstein says every major prediction platform now owns both consumer distribution and exchange infrastructure, and the two venues still missing that pairing sit squarely in the crosshairs.
Wall Street's biggest dealer is telling clients the perps market is a retail and momentum-trader venue, not an institutional hedging primitive, and that concentration in offshore books makes depth…
Two-thirds of winner-market volume sits on teams with a 1% or lower chance of winning, a legacy of trades that never unwound rather than fresh conviction.
Deribit is the largest crypto derivatives venue by options volume, and a six-figure USDC prize pool with a referral track signals it is using a SignalPlus-built funnel to widen the active-trader base…
The week's cliff already prices in, but the $55M BEAT release is wide enough relative to the token's float that traders will be watching the unlock-to-circulating ratio more than the headline number.
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