GANA Officially Launches Conflux PayFi Fiat Withdrawal Feature
May 11 — GANA officially launched its Conflux PayFi cash-out feature, letting users cash out Web3 assets directly to a bank card via the GANA DApp. Real-time deposits are supported for major fiat currencies including USD, CNY, KRW, JPY, HKD, and more.
This launch marks a key milestone for GANA in the PayFi space, representing substantial progress in building the platform’s compliant payment infrastructure. Users can convert Web3 assets to major fiat currencies conveniently and securely, with instant deposits to global bank cards—boosting asset liquidity and usability.
GANA is dedicated to delivering compliant, efficient, and reliable Web3 payment solutions for users worldwide. The platform plans to expand its supported fiat channels to cover additional countries and regions in the future.
4 minutes ago
SUI Market Data Overview: Upsurge Driven Mainly by the Futures Market, with Spot Inflows Stabilizing in the Past Month
Crypto token SUI briefly surged above $1.4 on May 11, currently trading at $1.28—up 18% in 24 hours and 36.5% over the past seven days, per latest market data.
### Spot Trading Flows
Coinglass figures show Binance’s USDT pair led 7-day net inflows at $17.83 million. By contrast, Upbit (KRW pair) and Bybit (USDT pair) saw net outflows of $11.83 million and $4.18 million, respectively.
### Futures Metrics
Futures activity has spiked sharply:
- Total SUI futures open interest across exchanges hit $918 million, up 46.25% in 24 hours.
- 24-hour futures trading volume surged 416% to $5.4 billion.
- Binance’s SUI/USDT long/short ratio stands at 1.37, with large accounts at 1.55—signaling net bullish positioning.
### Fund Flows (Short vs. Long-Term)
- **24 hours**: Futures saw $36.16 million in net inflows; spot added $8.13 million.
- **30 days**: Spot posted $8.56 million in net inflows (stable during consolidation), but futures had a $100 million net outflow—hinting so
4 minutes ago
Aster Launches Contract Trading with MiniMax, Tencent, Xiaomi, and Pop Mart
On May 11, Aster announced the listing of Hong Kong stock futures contracts for MINIMAX, Tencent, Xiaomi and Pop Mart, with up to 3x leverage.
4 minutes ago
Korean Stocks Hit Record Highs, Trading Volume Surges on trade.xyz for Related Futures Contracts, Tokenization of Physical Assets Remains Sluggish
On May 11, as Korean stocks hit repeated new highs, trading activity for related contracts on trade.xyz surged notably. Among these, SK Hynix—whose share price has doubled over the past month—emerged as the platform’s mainstream trading pair. As of press time, its open interest stood at $32.08 million, with 24-hour trading volume reaching $8.03 million.
The ETF EWY, which tracks South Korea’s stock index, recorded open interest of $20.62 million on trade.xyz and 24-hour trading volume of $11.66 million. Contracts for other stocks like Samsung and Hyundai remained relatively quiet.
Additionally, EWY contracts are traded on Binance, where current open interest is $10.9 million and 24-hour trading volume totals $25.15 million.
In stark contrast to the heated contract trading, the tokenized spot versions of these assets have slumped. Data shows EWYON—issued by Ondo—has a 24-hour trading volume of less than $0.3 million. This directly reflects the crypto community’s aggressive risk appet
4 minutes ago
SUI Finance Company SUI Group: Holds a total of 108.7 million SUI, with the majority already staked
May 11 – SUI Group, the finance arm of Sui Finance, announced Wednesday that as of May 4, the company holds 108.7 million SUI tokens, most of which are staked and earning rewards.
Per the announcement, the staking activity mints approximately 5,200 SUI daily, with cumulative rewards totaling around $300,000 since July 2025.
### Notes on U.S. language habits used:
1. **Conciseness**: Shortened redundant phrasing (e.g., "generating rewards" → "earning rewards" for crypto context, used "~" for brevity if preferred).
2. **Clarity**: Added parenthetical/phrase to clarify SUI Group’s tie to Sui Finance (common in U.S. business news).
3. **Flow**: Split into two tight sentences (standard for news briefs).
4. **Tone**: Used "announced Wednesday" (natural for U.S. timeliness) instead of just the date.
If stricter brevity is needed (e.g., social media news):
> May 11 – SUI Group (Sui Finance’s finance unit) said Wednesday it holds 108.7M SUI as of May 4 (most staked/earning rew
4 minutes ago