Native Markets claimed the US dollar-pegged stablecoin ticker following a heated bidding war closely watched by the crypto community.
Decentralized Exchange News
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Discover how Hyperliquid, a lean, self-funded layer-1 DeFi exchange, reached $330 billion in monthly volume in July 2025.
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Bubblemaps flags 100 wallets that claimed 9.8 million MYX tokens worth around $170 million, calling it the “biggest airdrop Sybil of all time.”
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Whale “0xa523” has racked up over $40 million in losses on Hyperliquid, overtaking James Wynn to become the platform’s biggest loser.
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Paxos has proposed a fully compliant USDH stablecoin for the Hyperliquid ecosystem, with most of its yield funneled into HYPE token buybacks.
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Mantle’s growing utility within the Bybit exchange’s ecosystem may inspire a new wave of convergence between the industry’s decentralized and centralized stakeholders.
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Tate is back in the Hyperliquid trenches, betting on the WLFI token despite his account nearing $700,000 in total losses.
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A flaw in Bunni’s custom liquidity logic allowed an attacker to drain about $2.4 million in stablecoins, prompting the platform to pause all contracts.
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Permissionless financial protocols will survive government and corporate efforts to impose traditional financial controls on DeFi.
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Four whales realized a cumulative $47.5 million profit on Hyperliquid, spurring price manipulation allegations related to XPL’s 200% rally.
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The “White Whale” increased his social media pressure campaign to $2.5 million after claiming that MEXC requested an in-person KYC verification in Malaysia.
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The millionaire leverage trader was liquidated on his latest DOGE position, as he predicted an end to the current market downturn.
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The whale locked in $33 million worth of profit from Ether long opened last week, after selling $2.6 billion worth of Bitcoin held for over seven years.
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The trader claimed to have outperformed MEXC’s external market makers and been sidelined for being “too profitable.”
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Crypto inclusion in 401(k) plans may be more significant for Bitcoin than the 2024 launch of US spot Bitcoin ETFs, according to Bitwise’s European head of research.
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