Decentralized Finance (DeFi)
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Aster CEO Confirms Aster Chain Rollout, Now in Testing Phase
Yahoo Finance· 2025-09-24 11:02
Core Insights - Aster Chain is entering the testing phase with a focus on privacy features, positioning itself as a competitor to Hyperliquid in the decentralized finance (DeFi) derivatives market [1][7] - The project aims to address key issues in DeFi, particularly in derivatives trading, by balancing transparency, custody, execution speed, and user privacy [2] Group 1: Technology and Features - Aster Chain utilizes zero-knowledge proofs (ZK-proofs) to verify trades on-chain while keeping sensitive information like order sizes and profits confidential [3] - This approach aims to mitigate market manipulation and front-running, which are significant concerns for institutional and high-volume traders in the DeFi sector [3] Group 2: Market Positioning and Strategy - Originally launched as a multichain liquidity aggregator, Aster DEX is evolving into a dedicated Layer-1 chain to capture the growing derivatives trading volume in the crypto market [4] - Aster Chain is targeting a niche that competitors like Hyperliquid have not fully addressed, focusing on privacy and compliance as its key differentiators [5][8] Group 3: Market Potential - If successful, Aster Chain could tap into the $2 trillion derivatives market, becoming one of the first Layer-1 solutions designed specifically for on-chain perpetuals with institutional-grade privacy [9]
Solana News: KBW25 Yields WLFI Debit Card and First Korean SOL Treasury
Yahoo Finance· 2025-09-23 16:05
Korea Blockchain Week 2025 brings big WLFI announcements and the first South Korean Solana treasury on Day 1. Market Overview Ouch! The crypto gods dished out another liver kick this week to investors post-Fed cut, causing Bitcoin to dip $112,800, sliding 3% week-on-week. Altcoins felt the heat too. All this as the industry’s biggest projects converge in Seoul and then Singapore for Korea Blockchain Week and Token2049. Annyeonghaseyo from Seoul—I'm currently attending KBW2025, where Trump-affiliated Wor ...
Sharps Technology and Jupiter Exchange Announce Staking Partnership to Accelerate Solana Adoption
Prnewswire· 2025-09-23 11:00
Core Viewpoint - Sharps Technology, Inc. has announced a strategic partnership with Jupiter Exchange to utilize its staking infrastructure as part of its digital asset treasury strategy, focusing on the Solana blockchain [1][2]. Group 1: Partnership Details - The collaboration will involve STSS staking a portion of its SOL into Jupiter's validator, which is among the top three largest validators on Solana by staked tokens [2]. - STSS plans to stake a portion of its assets to Jupiter's liquid staking token platform, JupSOL, enhancing the economic security of the Solana network [2][5]. - This partnership aims to create new opportunities for enhancing shareholder value while strengthening the connection between Solana and public markets [5]. Group 2: Financial Aspects - The company recently acquired over 2 million SOL, valued at more than $400 million, with SOL trading at over $220, funded through a private investment in public equity (PIPE) transaction [3]. - By injecting capital into Jupiter's validator and JupSOL, STSS intends to earn staking yields and expand liquidity in the Jupiter and Solana ecosystems [3]. Group 3: Company Background - Sharps Technology is a medical device company that offers patented smart-safety syringe products, focusing on ultra-low waste capabilities [8]. - The company has adopted a digital asset treasury strategy aimed at accumulating SOL, leveraging capital market raises for on-chain yield generation within the Solana ecosystem [9]. Group 4: Jupiter Exchange Overview - Jupiter Exchange is a leading decentralized trading platform with over $2 trillion in lifetime trading volume, originally launched as Solana's premier DEX aggregator [10]. - The platform has expanded its offerings to include perpetual trading, a mobile app, liquidity infrastructure, and lending services [10].
World Liberty Financial Plans Debit Card with Seamless USD1 Stablecoin Transactions
Yahoo Finance· 2025-09-23 09:56
Core Insights - World Liberty Financial (WLFI) is launching a debit card that will facilitate transactions for its USD1 stablecoin, integrating with Apple Pay [1] - The debit card will be part of a retail application that combines peer-to-peer payments and trading features [1] - WLFI aims to remain chain-agnostic and will not develop a proprietary blockchain [2][3] Product Development - The debit card will allow users to link their USD1 stablecoin and the World Liberty Financial app to Apple Pay [1] - The upcoming retail application is described as a blend of "Venmo meets Robinhood" [1] - WLFI has signed a memorandum of understanding with Bithumb for future business collaborations [5] Market Performance - WLFI's token has been under selling pressure, trading around $0.20, down 35% since its launch on September 1 [3] - A significant token burn of 47 million WLFI tokens occurred earlier this month, yet the token's momentum remains weak [4] - Key price levels for potential accumulation are identified at $0.2088, $0.1973, and $0.1855, with a bullish breakout above $0.2399 seen as a positive signal [4] Long-term Outlook - The company expresses confidence in the long-term value increase of WLFI as it expands its product offerings [5] - Market volatility is acknowledged as a factor affecting WLFI's token value [5]
Which Cryptocurrency Could Be a Millionaire-Maker? Ethereum vs. World Liberty Financial
Yahoo Finance· 2025-09-23 09:45
Group 1 - The crypto sector is experiencing significant interest, with investors focusing on Ethereum and World Liberty Financial for potential high returns [1][2] - Ethereum, as the second-largest cryptocurrency, has a market cap of approximately $505 billion and is a key player in the decentralized finance (DeFi) space, boasting a total value locked (TVL) of nearly $95 billion [4][5] - The tokenization of real-world assets (RWA) is expected to drive further growth in Ethereum's ecosystem, with the current market for tokenized assets exceeding $30 billion and projected to grow into the trillions over the next five years [6][7] Group 2 - World Liberty Financial is positioned at the beginning of its growth trajectory, indicating potential for future expansion [9] - Investors should differentiate between headlines and actual value when evaluating World Liberty Financial [9]
Uniswap Hits 915 Million Swaps In 2025 — Why Is UNI Still Flat?
Yahoo Finance· 2025-09-22 20:44
Core Insights - Uniswap has achieved over 915 million transactions in 2025, with a total trading volume exceeding $1 trillion, solidifying its leadership in the DeFi space [1][2][3] - Despite significant revenue generation, the value of the UNI token remains stagnant, raising questions among investors about its purpose and value [5][7] Trading Volume and Network Strength - The number of swaps on Uniswap's platform reached 915 million in 2025, with the third quarter expected to record approximately $270 billion in transactions [2] - The total trading volume for the year has surpassed $1 trillion, marking a significant milestone for decentralized exchanges [2] Revenue Generation - Uniswap Labs generates approximately $50 million annually, while total transaction fees amount to $1.65 billion each year [5] - The substantial revenue has not translated into increased value for the UNI token, leading to investor skepticism [5][7] Token Value and Market Perception - The lack of mechanisms for buybacks or direct profit distribution to UNI holders is a primary reason for the token's stagnant value [6] - With a market capitalization around $5.7 billion, many investors are questioning the true value of UNI in the current market environment [7] - The token is increasingly viewed as "meaningless," failing to reflect the platform's revenue and suffering from opaque distribution mechanisms [8][10] Community Sentiment - Users on social media express frustration, stating that the token does not incentivize value and lacks a connection to the exchange's business performance [9][10] - The disconnect between the platform's growth and the token's value creates challenges for investors in recognizing the benefits of holding UNI [10]
ChatGPT predicts SOL to reach $2,000 in 2027: Remittix competes with XRP for top PayFi spot
Invezz· 2025-09-22 19:33
Group 1 - The crypto community is experiencing controversy surrounding a bold forecast for Solana's price [1] - Recent estimates suggest Solana could reach $2,000 by 2027, driven by increased DeFi usage and enhanced network efficiency [1]
Can SUN Price Hit $0.01? Sun Token Shows No Signs of Slowing Down?
Yahoo Finance· 2025-09-22 18:23
Core Insights - SUN Token (SUN) has surged following Justin Sun's announcement that revenue from a new perpetual exchange, SunPerp, will be used for token buybacks, raising questions about its ability to maintain momentum above $0.3 and reach new cycle highs [1][2] Trading Performance - SUN traded between $0.034 and $0.035 recently, with a 24-hour trading volume of approximately $950 million and a market capitalization of around $656 million, marking a gain of over +22% [2] - The trading session's range extended from $0.0258 to $0.0412, indicating significant volatility and interest in the token [2] SunPerp Launch - The launch of SunPerp, a TRON-based perpetuals DEX, has been highlighted for offering the lowest trading fees in the market and a revenue-to-buyback model, which ties token demand directly to trading activity [2] - SunPerp will allocate 100% of its protocol income to buybacks, aimed at reducing circulating supply and reinforcing value within the SUN.io ecosystem [3] Liquidation and Volatility - Recent data indicates a sharp wave of liquidations for SUN, with over $1.5 million in liquidations occurring as the token surpassed the $0.03 mark, leading to a series of short squeezes and long wipeouts [4] - The $0.03 level is identified as a crucial indicator for maintaining momentum or reversing recent gains, amidst increasing volatility in SUN [5] Total Value Locked (TVL) - As of September 22, SUN's total value locked (TVL) stands at $986.5 million, significantly below its peak of $2.5 billion in 2021-2022 but above the 2023 low of under $500 million [5] - Despite lower market activity compared to previous highs, the TVL has remained stable around the $1 billion mark over the past year, indicating a consistent user base [6]
RippleX Unveils XRPL DeFi Roadmap: Will it Attract Institutional Capital?
Yahoo Finance· 2025-09-22 13:02
Ripple XRP. Photo by BeInCrypto RippleX has announced the next phase of its XRPL Institutional DeFi roadmap. The update focuses on compliance, lending, and privacy. It signals a clear push to bring regulated players on-chain. RippleX is Ripple’s developer and innovation arm. It supports the XRPL (XRP Ledger) ecosystem, funds projects, and develops features like tokenization and DeFi tooling. Roadmap Highlights The roadmap outlines three pillars for growth. First, compliance features like Credentials and ...
Arthur Hayes Dumps Hyperliquid for a Ferrari: Should Traders Care?
Yahoo Finance· 2025-09-22 11:38
Core Insights - Arthur Hayes, co-founder of BitMEX, sold his entire stash of HYPE tokens, which he previously predicted could increase by 126 times, to fund a Ferrari Testarossa [1][2] - Following Hayes' exit, the HYPE token traded at $49.48, down 8% on the day but still up 660% since its launch at $6.51 last November [3][5] - Despite Hayes' departure, Hyperliquid's trading volume surged from $560 million in early August to a record $3.4 billion by August 24 [3] Company Performance - HYPE powers the Hyperliquid decentralized derivatives exchange, which has seen a significant increase in activity [3] - Daily trading volume for HYPE remains resilient, indicating that liquidity on Hyperliquid has not diminished despite Hayes' sale [5][6] - The fundamentals of Hyperliquid suggest it is scaling rapidly and is not solely dependent on Hayes [6] Market Sentiment - Hayes has a history of making bold predictions followed by abrupt changes in stance, leading to skepticism among crypto investors [4] - The broader question remains whether the anticipated "up only" market cycle will materialize in Q4 or if Hayes cashed out before a potential downturn [7]