Hyperliquid Contract Market Trends Towards Conservatism, with Negative Growth Fee Rates for Some Shitcoins

On October 13th, according to HTX market data, due to the "Binance HODLer Airdrop Launch of Euler (EUL)", EUL surged and reached a touch of $11.7. Currently, it is trading at $10.88, and the 24-hour gain has expanded to 30%.

On October 13th, the Binance HODLer Airdrop commences for Euler (EUL). From October 4th, 2025, at 08:00 to October 7th, 2025, at 07:59 (Beijing Time), users who subscribe BNB to the Earn platform's fixed-term, flexible-term, and/or on-chain staking products will receive EUL airdrop rewards. Binance will list EUL on October 13th, 2025, at 22:30 (Beijing Time) and open trading pairs EUL/USDT, EUL/USDC, EUL/BNB, EUL/FDUSD, and EUL/TRY. Details of the airdrop are expected to be announced within 24 hours, and the new token will be distributed to users' spot wallets at least 1 hour before trading begins.

On October 13th, CryptoQuant analyst EgyHash pointed out that the cryptocurrency market has witnessed one of the most severe price corrections in history. By examining several key market indicators, they assessed its potential impact. After reaching recent peaks last week, the open interest of Bitcoin futures contracts plummeted by $12 billion, dropping from $47 billion to $35 billion. This was one of the most substantial recent contractions in futures positions. The funding rate has also been gradually declining over the past few months and briefly turned negative during Friday's market crash. Nevertheless, the rate later rebounded to a moderately positive level, and market sentiment has returned to normal. It was noticed that Bitcoin's Estimated Leverage Ratio (ELR) decreased significantly, indicating an overall deleveraging process in the derivatives market. Additionally, the Bitcoin Stablecoin Supply Ratio (SSR) has dropped to the lowest level since April this year. This trend imp

On October 13th, ZeroBase announced the ZBT Tokenomics. The total supply of tokens is fixed at 1 billion, and the distribution is as follows: 43.75% is allocated to Node Incentives, with a linear release starting one month after the Token Generation Event (TGE); 11.25% is allocated to Early Investors, with a 1-year lock-up period and then 24 months of linear vesting; 2% is allocated to Liquidity, which is fully unlocked at TGE; 8% is allocated to Airdrops, aiming at early adopters; 15% is allocated to the Ecosystem Fund, fully unlocked at TGE; 20% is allocated to the Team and Advisors, with a 1-year lock-up period and then 48 months of linear vesting.

On October 13th, according to the report of tech journalist Mark Gurman, it is likely that Apple will announce three new products this week through an online event. These products include the iPad Pro equipped with the M5 chip, the Vision Pro, and the MacBookPro. This will be the first appearance of the M5 chip.

On October 13th, the decentralized perpetual contract trading platform Grvt announced an adjustment plan for airdrop distribution. The total community airdrop allocation has now been increased to 22% (originally 20%). 10% of the allocation is reserved for early adopters in the first season. The airdrop pool size in the second season will be increased to 12% to accommodate new users without diluting the holdings of existing users. The token TGE target time is the first quarter of 2026.