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X @Sui
Sui· 2026-01-27 14:04
ICYMI: Sui has partnered with @RiverdotInc to unlock cross-ecosystem liquidity.River makes it possible to bring capital from other chains directly into Sui, with satUSD providing a unified way to deploy that liquidity across apps.Read on 👇https://t.co/t7MKUb4StU https://t.co/U2MSusUmHVSui (@SuiNetwork):Liquidity teleportation on Sui 🌀@RiverdotInc connects assets and liquidity from other ecosystems into Sui. satUSD is the unified stablecoin that keeps that capital moving and usable onchain. ...
RIVER Climbs 156% to ATH as Justin Sun Invests $8M Amid Market Warnings
Yahoo Finance· 2026-01-22 18:12
Core Insights - RIVER token experienced a significant price increase of 156% over seven days, rising from $17.52 to an intraday high of $54.12, following an $8 million strategic investment by TRON founder Justin Sun, which also pushed its market capitalization above $1 billion [1][3] Trading Volume and Market Position - The 24-hour trading volume for RIVER reached $38.4 million, reflecting a 46% decrease from the previous day, and it currently ranks 96th among all cryptocurrencies with only 19.6 million tokens available for trading out of a total supply of 100 million [2] Investment and Integration - The investment announced by River on January 21 aims to support the integration of its satUSD stablecoin into the TRON ecosystem, allowing users to exchange existing stablecoins like USDT for satUSD at equal value [3] Derivatives Market Dynamics - Heavy short positioning was noted among traders betting against RIVER, with funding rates on major exchanges such as Bybit and Gate at -16%, Binance at -9.8%, and OKX at -12%, indicating extreme costs to maintain these positions [4] - Coinglass reported that trading in derivatives contracts for RIVER exceeded actual token purchases by more than 80 times, suggesting that price movements were driven by borrowed money rather than genuine buying interest, which could lead to sudden price reversals [5] Liquidation Events - Ethereum and Bitcoin led the 24-hour liquidations with $200.54 million and $200.34 million respectively, and RIVER was among the actively liquidated tokens during this period [6] Price Discrepancies Across Exchanges - RIVER exhibited wide price spreads across different exchanges, with Kraken listing it at $54.37 and Toobit at $52.88, creating a nearly 3% gap. Buy and sell orders were thin across most venues, with Bitget showing limited pending orders, indicating that large trades could significantly impact the price [7] Broader Market Context - The overall cryptocurrency market declined by 1.82% during the same period, with a total market capitalization of $3.08 trillion. The Fear & Greed Index indicated extreme fear among investors at a level of 24, while Bitcoin dominance stood at 57.5% with BTC trading near $88,500 [8]
Tron Founder Justin Sun Invests $8M in River’s Stablecoin Abstraction Technology
Yahoo Finance· 2026-01-22 14:59
Group 1 - Justin Sun, founder of Tron, invested $8 million in the DeFi project River to enhance ecosystem integration on the Tron blockchain and to support the deployment of River's chain abstraction stablecoin infrastructure [1] - River aims to create a system that connects every asset to its opportunities, facilitating the free flow of value across ecosystems without capital being locked away [2] - The investment will enable multiple deployments, including stablecoin pools with USDT and USDD, lending and borrowing on JustLend, and price feeds from WinkLink, integrating core assets like USDT, TRX, and wBTC [3] Group 2 - River plans to launch Smart Vault and Prime Vault products targeting yield strategies for stablecoins and other core Tron assets, with the $RIVER token appreciating over 20% to an all-time high of $48.74 following the funding announcement [4] - The token has seen over 800% gains in the last 30 days, increasing its market capitalization to around $840 million, up from approximately $100 million at the start of January [4] - The recent investment by MaelstromFund in early January also contributed to a significant surge in the RIVER token, which rose from around $3 to $19, attributed to the endorsement of chain abstraction technology [5] Group 3 - Sun's investment occurs amid ongoing legal scrutiny regarding the alleged misappropriation of TrueUSD (TUSD) stablecoin reserves, with a judge imposing a worldwide freeze on $456 million in assets linked to TUSD reserves [6] - Techteryx, which acquired TrueUSD in 2020, has faced issues redeeming a significant portion of its U.S. dollar reserves managed by First Digital Trust between 2022 and 2023 [7]
X @Sui
Sui· 2026-01-20 14:03
Liquidity teleportation on Sui 🌀@RiverdotInc connects assets and liquidity from other ecosystems into Sui. satUSD is the unified stablecoin that keeps that capital moving and usable onchain.River (@RiverdotInc):River x @SuiNetwork Strategic PartnershipRiver is partnering with Sui to build a new layer of liquidity that connects assets across ecosystems and makes it usable on Sui.This partnership combines River’s chain-abstraction stablecoin framework with Sui’s high-performance https://t.co/QnwvzuMeCR ...
X @Chainlink
Chainlink· 2025-09-03 00:00
River (@RiverdotInc), a chain-abstraction stablecoin system, has adopted Chainlink Price Feeds to power its CDP-based stablecoin, satUSD, on @build_on_bob, @arbitrum, @base, and @BNBCHAIN.Chainlink powers River's unified stablecoin system across multiple chains via highly secure and accurate market data. ...
X @BSCN
BSCN· 2025-08-07 13:08
Campaign Overview - River Mart campaign is in its final phase [1] - The campaign involves minting satUSD on BNB Chain [1] - Users can collect NFTs with minimal gas fees [1] Technology and System - The campaign utilizes River's multi-chain stablecoin system [1] - A full tutorial for the system is available [1]