Current mainstream CEX and DEX funding rates indicate that the market sentiment remains bearish

April 30 — Trust Wallet has officially integrated Hyperliquid, an on-chain perpetuals trading platform, enabling its 220 million global users to trade perpetual contracts directly within the app. Users stand to benefit from enhanced liquidity, tighter spreads, and a diversified market where spot, futures, and real-world assets (RWAs) can all be traded in one place. Hyperliquid is currently the most liquid decentralized trading platform, with total trading volume surpassing $40 trillion. It supports perpetual contract trading for both crypto assets and RWAs such as oil and precious metals. With this integration, Trust Wallet users can seamlessly access all Hyperliquid market trades upon opening the app, enjoying execution speeds and deep liquidity comparable to professional trading platforms. The wallet delivers a more convenient, seamless experience with broader trading options, putting professional-grade contract trading at users’ fingertips. Trust Wallet CEO Felix Fan noted:

April 30th According to Bitget market data, Japan’s Nikkei 225 Index closed down 632.54 points on April 30th, dropping 1.06% to end at 59,284.92 points. South Korea’s KOSPI Index also finished lower the same day, falling 93.03 points (1.39%) to close at 6,597.87 points. Separately, South Korea’s Ministry of Economy and Finance announced the country will launch 24-hour USD-KRW trading by the end of June.

On April 30, regulated blockchain infrastructure firm Paxos announced its Crypto Brokerage platform now officially supports BONK. With compliance licenses from the U.S. Office of the Comptroller of the Currency (OCC), Finland’s FIN-FSA, Singapore’s MAS, and other jurisdictions, Paxos’s partners—including traditional financial institutions—can now offer users secure, compliant BONK trading and custody services. Paxos noted BONK boasts nearly 1 million holders, integration with over 400 Solana ecosystem projects, and an active community. The move marks BONK’s shift from a community-driven meme coin to a mainstream financial asset. Today, thanks to the same compliance platform trusted by firms like PayPal, Mastercard, and Venmo, more than 5 billion global users can buy BONK via major retail trading platforms and exchanges.

April 30 — Shinhan Card, one of South Korea’s top credit card firms, said it has inked a partnership with the Solana Foundation to co-build a stablecoin payment system on the Solana blockchain. As part of the tie-up, Shinhan Card is running an advanced proof-of-concept (PoC) this year, focusing on simulating real-world payment scenarios between customers and merchants on Solana’s testnet. Shinhan Card Executive Vice President Kim Young-il noted: “We plan to thoroughly assess blockchain’s practicality using Solana and actively explore next-generation financial models.” A core focus of the PoC is validating the security and stability of non-custodial wallets, which will enable Shinhan Card to scale the technology widely later. The pair will also explore a “hybrid financial model” blending traditional finance’s reliability with DeFi’s efficiency. Shinhan Card aims to use oracle technology to build its own DeFi service environment and deploy smart contracts while ensuring operational

On April 30th, per Onchainlens data, two newly created crypto wallets received 312 bitcoins from BitGo over the past 24 hours—valued at roughly $23.62 million.

April 30 — Official sources report that blockchain enterprise solutions provider Ripple has officially launched its new Middle East and Africa (MEA) regional headquarters at the Dubai International Financial Centre (DIFC). The new office will allow its regional team to double in size to meet strong demand in the region for regulated blockchain payment and custody solutions. Since establishing its MEA regional headquarters in Dubai in 2020, Ripple has seen the Middle East emerge as a key part of its global customer base. The company has made several milestone advances in the region. In March 2025, Ripple became the first blockchain payments service provider to receive a comprehensive license from the Dubai Financial Services Authority (DFSA). Most recently, its USD stablecoin RLUSD was also approved by the DFSA, making it a recognized crypto asset within DIFC for use by regulated firms. Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, said the new headquar