Core Insights - Binance founder Changpeng Zhao (CZ) confirmed that there are no current investment ties between Binance and the decentralized exchange Hyperliquid, despite speculation fueled by past connections [1][3] - Jeff Yan, the founder of Hyperliquid, was part of Binance Labs' first incubation program in 2018 through a failed project called YZiLabs, which did not recover its investment [2][3] Hyperliquid Overview - Hyperliquid has emerged as a leading decentralized finance (DeFi) perpetual trading platform, processing approximately $319 billion in trading volume in July 2025, marking the highest monthly figure since its launch [4][5] - The total DeFi perpetuals volume reached a record $487 billion in the same month, indicating significant growth in the sector [5] - Hyperliquid operates on its own layer-1 blockchain and features a unique structure that includes on-chain order books and a matching system, diverging from the automated market maker model prevalent in most decentralized exchanges [5][6] Technical Features - Hyperliquid's architecture consists of two main components: HyperCore, which manages order books, margin, and liquidations, and HyperEVM, a smart-contract layer that shares consensus and data with the exchange core [5] - The platform utilizes a HotStuff-based HyperBFT consensus mechanism, enabling sub-second trade execution with a median latency of just 0.2 seconds, comparable to centralized exchanges [5][6] - The core team of Hyperliquid is relatively small, consisting of only 11 members [6]

South Korea Crypto, crypto listing, upbit listing. Photo by BeInCrypto South Korea’s largest cryptocurrency exchange, Upbit, has announced a new listing for the first time in three days. The exchange stated Friday that it will add Infinit (IN) to its Korean Won market. With an exclusive listing on the exchange, attention on IN is growing. According to CoinGecko, as of this writing, its price is up 121.1% from the previous day. Infinit: A New DeFi Economy Infinit is a decentralized finance (DeFi) intell ...

Core Viewpoint - BitMine Immersion Technologies (NYSE: BMNR) experienced a stock decline of over 5% on October 9 due to a short-selling decision by Kerrisdale Capital, which criticized the company's business model as being outdated [1][3]. Company Overview - BitMine is recognized as the world's largest Ethereum-focused digital asset treasury (DAT) firm, holding 2.83 million ETH tokens valued at over $12 billion and 192 Bitcoin valued at more than $23 million [1][2]. Market Position - Despite a nearly 30% increase in stock value over the past month, the recent short-selling announcement led to a 4.7% drop in stock price [3]. - BitMine is positioned as the second-largest Bitcoin treasury firm, following Michael Saylor's Strategy [2]. Industry Dynamics - The investment firm Kerrisdale Capital highlighted that the proliferation of crypto investment vehicles, including similar DATs and exchange-traded funds (ETFs), has overwhelmed investors [4]. - Kerrisdale Capital suggested that the DAT model has become basic and unoriginal, recommending that investors directly purchase Ethereum or utilize the growing number of ETFs instead of paying a market premium for BitMine [5]. Leadership Commentary - Tom Lee, the chairman of BitMine, lacks the strong following that Michael Saylor commands, which may impact investor confidence [7]. - The DAT model was once effective when there were fewer public companies, but the current market saturation has diminished its appeal [8].

RT DefiLlama.com (@DefiLlama)Now tracking @ShibaSwapDEX V2 on our spot Volume Dashboard https://t.co/Tqbn8D0XQJ ...

Core Viewpoint - The company has rebranded from Safety Shot, Inc. to Bonk, Inc. to align with its strategic transformation into a leader in the public markets and the digital asset ecosystem [1][3][4] Company Transformation - The rebranding signifies the completion of the company's strategic pivot towards the multi-billion dollar BONK ecosystem, driven by the acquisition of a revenue-sharing interest in the profitable memecoin launchpad letsBONK.fun [3][4] - The new name reflects the company's mission to build shareholder value by acting as a public market proxy for the BONK community's growth and success [3][4] Trading Information - The company will begin trading under the new name and ticker symbol "BNKK" on the Nasdaq Capital Market starting October 10, 2025 [2][4] Leadership Statements - The CEO emphasized that the name change is a significant step in the company's transformation, aiming to create a leading digital asset treasury through revenue sharing and integration with the BONK ecosystem [4] - A board member highlighted that the transformation provides a unique opportunity for public investors to engage with the BONK community and benefit from the revenue streams generated by letsBONK.fun and the management of the BONK treasury [4] Company Background - Bonk, Inc. aims to bridge traditional public markets with the digital asset ecosystem, focusing on acquiring revenue-generating assets in the DeFi space to build a robust digital asset treasury [5]

BOCA RATON, FL, Oct. 09, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (“DFDV” or the “Company”), the first U.S. public company with a treasury strategy built around accumulating and compounding Solana (SOL), today announced that weekly options on DFDV stock are now live and available for trading on the Chicago Board Options Exchange (CBOE). Beginning today, investors with eligible brokerage accounts will be able to trade short‐term options on DFDV, adding flexibility and hedging opportuni ...

BOCA RATON, FL, Oct. 09, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (NASDAQ:DFDV) ("DFDV" or the "Company"), the first U.S. public company with a treasury strategy built around accumulating and compounding Solana (SOL), today announced that weekly options on DFDV stock are now live and available for trading on the Chicago Board Options Exchange (CBOE). Beginning today, investors with eligible brokerage accounts will be able to trade short‐term options on DFDV, adding flexibility and hedging opportuniti ...

Core Insights - Coinbase has launched decentralized exchange (DEX) trading within its mobile app for U.S. users, excluding New York residents, marking a significant expansion of its on-chain capabilities [1][7] - The feature allows users to trade tokens before they are officially listed on Coinbase, enhancing access to a wide range of assets immediately upon launch [2][3] - The integration with 1inch enables direct non-custodial token swaps, lowering barriers to decentralized finance (DeFi) and expanding liquidity access for users [4][5] Company Developments - The DEX feature was initially introduced to select users in August and has now been fully rolled out, with a focus on Base-native tokens from various projects [2][3] - Coinbase reported a trading volume of $237 billion in Q2 2025, a slight decrease from $226 billion in the same quarter the previous year, indicating a need to offset declining exchange activity [3] - The integration with 1inch marks a significant partnership, positioning Coinbase as a key player in the decentralized trading space [4][5] Industry Trends - Perpetual decentralized exchanges (perp DEXs) have reached a record trading volume of $1.226 trillion over the past 30 days, reflecting a 48% increase from August's $707.6 billion, indicating a growing demand for decentralized derivatives trading [5][6]

DAO companies, Elon Musk, Balaji Srinivasan. Photo by BeInCrypto Lista DAO saw its token jump in volume by 20%, retaining these gains despite a technical setback. The firm's diligence and responsiveness to this issue yielded a positive response from the community. Moreover, this BNB-based project is benefiting from the bullish momentum in that ecosystem. YZi Labs apparently made a brief comment in favor of the protocol, encouraging waves of new investors. Lista DAO's Chaotic Day Lista DAO, a DeFi proto ...

BOCA RATON, FL, Oct. 08, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”), the first public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced a partnership with Superteam Japan to launch DFDV JP, the first Solana-focused treasury project in Japan. This partnership marks the Company’s second international Treasury Accelerator launch in Asia, following DFDV KR, and underscores its continued efforts to expand Solana’s institutional f ...