Author: 行政

Monthly volume on real-world-asset perpetual futures grew from $85 billion in January to an August record of $799.5 billion, with stocks accounting for 62.3% of that total on both DeFi and centralized venues, according to CoinMarketCap.Trading venues are moving away from single-asset margin toward unified portfolio accounts, where a trader’s entire holdings back every position at once, well beyond a single stablecoin deposit.MetricJanuaryAugustWhat changedMonthly RWA perp volume$85B$799.5BNearly 9.4x growthStock share of August RWA perp volume—62.3%Equities became the dominant RWA perp categoryMarket implicationEarly experimentationMeaningful trading venue verticalCollateral design now matters at scaleOne account is absorbing everything DeFi doesDeFi trading began with…

Key takeaways Dogecoin is attempting to recover after two consecutive sessions of roughly 3% losses. Bitwise will end trading in its BWOW Dogecoin ETF on October 14. A break below $0.0801 could send DOGE toward $0.0745 and potentially $0.0673. Dogecoin must reclaim the $0.0845–$0.0904 resistance region to improve its outlook. Dogecoin (DOGE) edged higher on Friday following two consecutive sessions of losses of approximately 3%. Despite the modest recovery, DOGE retains a bearish near-term outlook as institutional demand weakens and momentum indicators point to sustained selling pressure.  The $0.0800 region is now critical, with a breakdown potentially exposing the meme…

A 3% return on Bitcoin can look like a single number on an allocation sheet, even when the economic bargain underneath it is completely different.Stacks said its first institutional Bitcoin Staking bond went live on Sept. 10 with roughly 250 BTC committed by 21Shares, digital-asset manager HashKey Cloud, Bitcoin-focused investor UTXO Management and Sypher Capital.The six-month Genesis Bond targets about 3% annualized yield paid in BTC, with the first weekly rewards expected on Sept. 17.The launch packages a miner-funded BTC reward stream for institutions whose first screens are custody, lockup, and sustainability. The advertised APY shows what an investor hopes…

Bitwise confirmed on Thursday it is shutting down its Bitwise Dogecoin ETF (BWOW) as part of a broader streamlining of its crypto product range. Trading on NYSE Arca continues until 14 October 2026, after which the fund will convert its DOGE holdings to cash and stop issuing new shares. Remaining shareholders need take no action, as they’ll receive an automatic cash payout based on the 21 October net asset value, distributed on 22 October. DOGE ETFs remain a minor corner of the market, with just US$12.09 million in cumulative net inflows and around US$300 million in total trading volume, dwarfed…

White House digital assets adviser Patrick Witt has reduced the Senate’s immediate choice on the CLARITY Act to “get on the bill and let’s keep talking.”The Sept. 15 vote is a cloture vote on the motion to proceed to H.R. 3633, scheduled to ripen at 2:15 p.m., according to the Senate floor schedule. Sixty votes would open debate and an amendment process.Four days before that procedural test, Republicans released EHF26718, proposed substitute text for CLARITY that adds a Commodity Futures Trading Commission framework for protocols that call themselves decentralized while remaining under an identifiable party’s control.The change repairs part of…

Solana’s network minted a record 263,000-plus tokens in a single day, dwarfing the 40,000–50,000 daily pace seen at December 2024’s memecoin peak. Memecoin launchpad Pump.fun drove most of the identifiable activity, accounting for 34,184 of the 40,360 tokens issued through launchpads and roughly a third of Solana’s Q1 revenue. SOL’s price barely moved despite the record activity, and no corresponding trading volume was reported alongside the token-minting surge. US spot Solana ETFs have cooled sharply too, with weekly inflows collapsing 97% from US$142.7 million in late August to just US$4.9 million the following week. Solana’s on-chain activity hit an unprecedented…

Hardware-wallet makers Trezor and BitBox warned users on Sept. 9 about phishing emails impersonating their brands, urging recipients to avoid the messages’ links and instructions.Trezor said its third-party email provider had been breached and reiterated on Sept. 10 that its wallets remained safe.Trezor identified an email titled “Critical Security Alert: STM32 Entropy Vulnerability” as a phishing attempt. The company said the message did not come from Trezor and told recipients not to click any link. The technical-sounding subject was part of the fake security alert, rather than a vulnerability announcement from the wallet maker.In its Sept. 9 warning, Trezor said…

Senate Republicans, led by Sen. Cynthia Lummis, released a revised 630-page draft of the Clarity Act that would require crypto trading protocols controlled by identifiable people or groups to register with the CFTC. The bill would set a federal framework for digital assets and divide oversight between the CFTC and the SEC; Lummis says the text now includes more than 114 provisions requested by Democrats. A procedural vote is set for September 15 and needs 60 senators to advance, and its path through the chamber remains uncertain. Senate Republicans unveiled a revised, 630-page draft of the Clarity Act that would…

Nasdaq Ventures has agreed to invest US$100 million (AU$139 million) in Payward, the parent of crypto exchange Kraken, in a deal reported to value the company at US$21 billion (AU$29.19 billion). The two firms will launch Nasdaq Equity Tokens, blockchain versions of Nasdaq-listed stocks that carry shareholder voting rights, distributed through Kraken from the second quarter of 2027. Payward will also run Nasdaq’s market surveillance technology across its crypto, equities, futures and options venues to watch for manipulation. Nasdaq has agreed to invest US$100 million (AU$139 million) in Payward, the parent company of crypto exchange Kraken, the two firms said…

LlamaRisk has proposed increasing borrowing costs for Ethena’s USDe across five Aave V3 markets, tightening the economics for positions that borrow the stablecoin and recycle it into yield-bearing sUSDe.The Sept. 9 recommendation would increase USDe’s base variable borrow rate from 5% to 6% on Core, Plasma, Monad, Mantle, and Avalanche. It would also reduce Slope1 by one percentage point on every deployment.At the utilization levels captured in the proposal, modeled borrower APRs would rise by 13 to 89 basis points across markets holding about $323.8 million of USDe debt against $1.18 billion supplied.Aave V3 marketUtilizationCurrent borrow APRProposed borrow APRIncreaseCore32.3%5.72%6.36%64 bpsPlasma22.4%5.79%6.53%74…