Core Insights - OKX has launched OKX Pay and the OKX Card in Europe, marking the introduction of the first compliant DeFi-based payments and card system within the EU [1] - The launch aligns with the new regulatory framework under the Markets in Crypto Assets (MiCA) regime, which standardizes rules for stablecoin issuers and crypto service providers across the EU [2] OKX Pay Functionality - OKX Pay enables users to hold euro-backed stablecoins for everyday expenses such as food, transport, bills, and peer-to-peer transfers, with potential access to DeFi protocols where local regulations permit [3] - The system is designed around stablecoins, ensuring near-instant settlement and continuous operation while eliminating cross-border limits found in traditional banking [4] OKX Card Features - The OKX Card is a virtual euro-denominated debit card linked to OKX Pay, allowing users to spend stablecoins at any location accepting Mastercard, with conversion occurring at the point of purchase [5] - There are no transaction or foreign exchange fees, with a 0.4% market spread applicable at conversion. The card supports tap-to-pay through Apple Pay and Google Pay, usable at over 150 million Mastercard locations globally [6] Rewards and Compliance - OKX is offering limited-time crypto rewards for card usage, with VIP users earning up to 20% back in crypto and regular users up to 15% over a 30-day period [7] - The card is issued through a licensed European payments partner and adheres to strict AML and KYC requirements, with plans for expansion and additional features in the future [8]

Fidelity Investments is launching its first stablecoin, the Fidelity Digital Dollar (FIDD), in early February, marking a major move by one of the largest traditional financial institutions into onchain finance. FIDD will be issued by Fidelity Digital Assets, a federally chartered national bank and subsidiary of Fidelity. The Ethereum-based stablecoin will be redeemable for $1 on Fidelity’s crypto trading platforms — Fidelity Digital Assets, Fidelity Crypto, and Fidelity Crypto for Wealth Managers — and wi ...

One button could change your entire life https://t.co/iNo7LxLRNt ...

Tokenization is supposed to make markets faster and more accessible. But many onchain versions of real-world assets have fallen short of that promise, offering thin liquidity, slow settlement and prices that drift from reality, argues Yuki Yuminaga, co-founder and CEO of Tenbin Labs. His New York-based startup wants to change that by building institutional-grade tokenized assets that closely track real-world prices, settle quickly and generate yield. Tenbin has raised $7 million in seed funding led by G ...

Core Insights - Bitwise Asset Management has partnered with Morpho to launch non-custodial on-chain vaults aimed at generating yield [1][2] - The first vault is projected to secure an annual percentage yield (APY) of 6% through overcollateralized lending pools [2][3] - Bitwise describes on-chain vaults as "ETFs 2.0," anticipating a potential 100% increase in assets under management (AuM) this year [4] Company Developments - Bitwise is actively expanding its presence in the crypto ETF market, having launched several altcoin funds [5] - The Bitwise Chainlink ETF, launched in mid-January, is notable for being the second fund in the U.S. to offer direct ownership of LINK tokens [5] - The fund features a 0.34% management fee, which is waived for the first three months on the initial $500 million in assets [6] Strategic Focus - The collaboration with Morpho emphasizes the importance of vaults in the evolving on-chain finance landscape, providing a transparent method for investors to earn digital yield [3] - Jonathan Man, Bitwise's portfolio manager, will lead the curation, strategy, and risk management for the vaults [3]

Liquidity, but leveled up 🫣PancakeSwap X aggregates third-party liquidity and plugs it straight into PancakeSwap for better swaps, every time.+ Better prices+ More tokens to swap (including RWAs) 👀+ Built-in MEV protection+ Gas-free swaps https://t.co/JiZru7lYKv ...

Core Insights - Centralized exchanges have traditionally dominated crypto price discovery, but this dynamic is shifting with the emergence of Hyperliquid, a self-funded on-chain perpetuals exchange [1] - Hyperliquid's founder claims it is now the "most liquid venue for crypto price discovery," challenging long-held industry assumptions [1][2] Liquidity Analysis - Hyperliquid's liquidity claim is particularly focused on Bitcoin perpetual futures, where it shows competitive metrics such as tight spreads and deep order books [3] - Bitcoin perpetual spreads on Hyperliquid are around $1, compared to approximately $5.50 on Binance, indicating a significant advantage [3] - The cumulative ask liquidity on Hyperliquid is about 140 BTC, while Binance has an estimated 80 BTC at comparable levels, suggesting better execution for traders [4] Transparency and Verification - Hyperliquid's liquidity is fully visible and verifiable on-chain, allowing for independent real-time audits of order book and execution data, unlike centralized exchanges [4] Market Expansion - Hyperliquid has expanded beyond crypto-native assets, supporting permissionless perpetual markets tied to traditional assets like commodities, with open interest nearing $790 million, largely driven by gold and silver trading [5] Rapid Growth - Launched in 2023 without venture capital, Hyperliquid has quickly risen to control over 70% of decentralized perpetuals liquidity and shows tighter BTC spreads than Binance [6][7] - After significant growth in 2025, Hyperliquid now commands over $8 billion in open interest, establishing itself as the dominant decentralized exchange for perpetuals [7]

Core Insights - Bitwise Asset Management has launched a new onchain investor offering through non-custodial vault strategies on Morpho, targeting up to 6% annual percentage yield (APY) on stablecoins, reflecting increasing institutional interest in decentralized finance (DeFi) yield opportunities [1][2][6] Group 1: Strategy Overview - The initial vault strategy is designed to generate yield by investing in overcollateralized lending pools, currently targeting an APY of around 6%, providing exposure to onchain fixed-income-style returns [2][3] - Vaults function as a portfolio of lending positions, allocating capital across programmable strategies to earn digital yield, combining onchain infrastructure with professional oversight [3][5] Group 2: Risk Management and Oversight - The vault curation and risk management will be led by Jonathan Man, emphasizing the complexity of managing onchain risk that has kept many investors from participating [4][5] - Bitwise aims to add value by providing professional guidance and risk management experience to these non-custodial tools, leveraging its 140-person team of investment and technology professionals [5] Group 3: Institutional Demand and Infrastructure - Morpho provides programmable and non-custodial infrastructure for onchain lending and borrowing, with vaults operated through smart contracts [6] - The partnership with Bitwise highlights growing institutional demand for allocating capital onchain through noncustodial infrastructure, with vaults emerging as a core building block of onchain finance strategies [6][7]

Time to head for the mountains.Applications for the Sui Hydropower Fellowship are open.Hands-on support for early-stage founders building at the intersection of finance + Web3 (RWAs, prediction markets, gamified trading, DeFAI, incentives).Apply 👇https://t.co/mo0p1mp8re https://t.co/0MLRKLS1Cc ...

MEXC and ether.fi have teamed up to launch a new crypto-powered credit card that aims to give users a seamless way of spending their digital assets worldwide. The MEXC x ether.fi card is fully compatible with Apple Pay and Google Pay, and can be used at more than 150 million Visa merchants globally. Customers can earn up to 4% cashback on their purchases, plus exclusive perks including discounted travel, conference passes and savings of up to 65% on luxury hotels. “We have the ability to provide more re ...