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RaveDAO Receives Double Boost from Aster and WLFI, RAVE/USD1 to Officially Launch on Aster on December 12th, Unveiling the Strongest Trading Incentive Plan Ever

2 days ago

**Aster to Launch RAVE/USD1 Spot Trading Pair, Unveil $200k Incentive Contest** Aster today announced it will officially launch the RAVE/USD1 spot trading pair at 12:00 UTC on December 12, introducing its highest-ever 1.5x trading points (Symbol Boost) bonus. WLFI (World Liberty Financial) will also offer point reward support for RAVE/USD1 traders—an industry first—signaling strong recognition of RaveDAO’s ecosystem potential and community foundation. Aster, a next-gen DEX backed by YZi Labs (formerly Binance Labs) and CZ, has quickly drawn global traders with its ultra-fast matching engine, institutional-grade security, innovative tools (including hidden orders and yield-bearing collateral), and “CEX trading experience + DeFi self-custody” design. This launch marks $RAVE’s DEX debut, featuring the platform’s exclusive RAVE/USD1 pair and highlighting its forward-thinking focus on cultural assets and the on-chain consumer economy. Simultaneously, Aster will launch **Rocket Launch Round 4: RaveDAO Special Trading Incentive Contest** (December 12, 12:00 UTC – December 26, 14:00 UTC), with a total prize pool of $200,000 worth of ASTER plus additional RAVE rewards, alongside its 1.5x points bonus. Users can qualify for rewards by placing valid buy orders for RAVE/USD1. With RAVE set to enter public circulation, this three-way collaboration between Aster and WLFI will unlock deeper trading scenarios and stablecoin ecosystem access for RAVE, serving as a key industry example of Web3 entertainment and stablecoin integration.
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The current mainstream CEX and DEX funding rate display indicates that the market still maintains an overall bearish sentiment.

On December 13, data from Coinglass indicates that funding rates for major centralized (CEX) and decentralized (DEX) exchanges across mainstream cryptocurrencies remain broadly bearish. Specific funding rates for leading coins are detailed in the attached chart. **BlockBeats Note**: Funding rates are fees set by crypto exchanges to align perpetual contract prices with the underlying asset’s spot price. They operate as a capital exchange mechanism between long and short traders—exchanges do not collect this fee themselves. The rate adjusts the cost or profit of position holders to keep contract prices close to the underlying asset. **Rate Context**: A 0.01% funding rate acts as the baseline. Rates above 0.01% signal a generally bullish market, while rates below 0.005% indicate a broadly bearish market.

54 minutes ago

A whale address transferred approximately 2.3 billion PUMP tokens to FalconX in the early hours of the morning. If sold, the loss would be around $5 million.

December 13: Per Arkham’s monitoring, two wallet addresses tied to the same whale (9uuDsd and 9jnPPD) transferred a total of 2.299 billion PUMP tokens to FalconX early this morning, valued at roughly $6.3 million. Historical data shows the whale has been accumulating PUMP consistently for over three months—first entering near the token’s price peak, then adding to its holdings during multiple market dips. Should the whale sell these tokens now, it could realize a loss of roughly $5 million.

54 minutes ago

Florida Authorities Unveil Cryptocurrency Scam Case, Seize $1.5 Million in Cryptocurrency

Decrypt reported on December 13 that Florida prosecutors have seized approximately $1.5 million in cryptocurrency linked to Chinese national Tu Weizhi. The seized wallet contained AVAX, DOGE, PEPE, and SOL tokens. The Florida State Attorney’s Office Economic Crimes Unit obtained a court order to freeze assets controlled by Tu, who faces charges of money laundering, grand theft, and organized fraud. Florida authorities stated Tu will be arrested if he attempts to enter the U.S. The seizure stems from an investigation launched in July 2024, after an Orange County resident reported losing $47,421 wired to what appeared to be an online investment scam. Investigators traced the funds to Tu’s wallet.

54 minutes ago

Yesterday, the US Bitcoin Spot ETF saw a net inflow of $49.1 million, while the Ethereum Spot ETF saw a net outflow of $19.4 million.

Dec. 13 – Per Farside Investors’ monitoring, U.S. Bitcoin spot ETFs saw a net inflow of $49.1 million yesterday, including: - BlackRock IBIT: +$51.1M - Fidelity FBTC: -$2M Additionally, U.S. Ethereum spot ETFs recorded a net outflow of $19.4 million yesterday, with breakdowns as follows: - BlackRock ETHA: +$23.2M - Fidelity FETH: -$6.1M - Grayscale ETHE: -$14.4M - Grayscale Ethereum Trust: -$22.1M

54 minutes ago

Opinion's trading volume surged to $300 million due to user hedging demand, surpassing Polymarket.

December 13: Following the recent Polygon hard fork, some Polymarket users have reported issues including orders failing to execute on-chain and withdrawal delays. To hedge risks, some users have shifted to Opinion, driving a surge in its trading volume that surpassed $3 billion and outpaced Polymarket’s.

54 minutes ago

A whale address engaged in a panic sell-off early this morning, disposing of 3296 ETH.

On-chain analyst Ai Auntie (@ai_9684xtpa) noted on December 13 that address 0x074…9B748 executed a phased panic sell at the bottom 11 hours ago: the holder offloaded 3,296 ETH (≈$10.3 million) and closed the position for a net profit of $292,000. Two days earlier, the address held unrealized gains of $1.266 million—having entered the position on December 2 at $3,029 per ETH.

54 minutes ago

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