Hong Kong Stock Market Close: AI Concept Stocks Soar Across the Board, MiniMax Surges 22.37%

On March 10, Sonic Labs announced the launch of its native network stablecoin USSD, backed by tokenized U.S. Treasury bond assets. The stablecoin’s reserves include BlackRock’s BUIDL Fund, Superstate’s USTB, and institutional-grade offerings from WisdomTree.

On March 10, Arkham Monitor reported that Cameron and Tyler Winklevoss—the co-founders of cryptocurrency exchange Gemini—have transferred $130 million worth of BTC to Gemini’s hot wallet since last week, a move suggesting a potential sale. The brothers still hold approximately $764 million in BTC, with total BTC profits of around $1.8 billion.

March 10: OKX officially launched its Agent Trade Kit—an open-source MCP toolset for AI-native trading workflows that covers the full lifecycle from market discovery to strategy execution. Currently featuring 83 tools, the Agent Trade Kit is the industry’s most feature-rich CEX AI offering. OKX’s exclusive capabilities include AI-powered options trading, algorithmic order placement, and bot strategy management, plus a unique paper trading mode that lets users test strategies in a zero-risk environment. For security, the Agent Trade Kit is fully open source, with API keys stored only locally—meaning AI never has access to the keys at any point. Reportedly, when paired with the OKX Onchain OS, the toolset covers both on-chain and CEX use cases end-to-end, forming the industry’s most comprehensive AI trading ecosystem.

March 10th: DefiLlama data shows the total market cap of stablecoins across all chains hit a record high, currently at $312.4 billion—up 1.18% over the past week. USDT accounts for 58.9% of the market share, while USDC holds 25%. Sky’s stablecoin USDS surged 26.7% in circulation over the past month, with a current market cap of $7.92 billion (2.5% share). Sky Protocol also topped $1.1 million in daily protocol fees, generating $600,000 in daily revenue and $211 million in annualized revenue. Per Stablewatch data, the supply of yield-bearing stablecoins has surpassed $21.5 billion, representing roughly 6.88% of total stablecoin market cap. Sky’s sUSDS emerged as a leader, with a 14.6% seven-day TVL surge to $6.06 billion—ranking first among yield-bearing stablecoins. Ethena’s sUSDE follows with a TVL of $3.53 billion (second place).

March 10th — Per HyperInsight monitoring (link: https://t.me/HyperInsight), a whale with an address starting with 0x8d6 opened a 20x leveraged CL long position in the past 30 minutes. The position has a size of ~12,500 contracts, worth ~$1.09 million. As of now, the position’s unrealized profit is ~$6,233 (return rate ~9.13%). Key details: - Average entry price: $86.61 - Liquidation price: $83.70 - Current CL price: ~$87.70

On March 10, Khalibaf, Speaker of Iran’s Parliament, stated: “We will never seek a ceasefire. Aggressors must be met with force to learn their lesson and never dare to invade Iran again. Israel has built its existence around a cycle of ‘war-talks-ceasefire-renewed war’ to consolidate its dominance, and we will break this cycle.” (Source: CCTV International News)