Lookonchain APP

App Store

pvp.trade has purchased $8.68 million worth of HYPE tokens as part of a commission, currently enjoying a unrealized gain of over $15 million.

44 minutes ago

May 28 update: On-chain analytics firm Embermonitor reports that Hyperliquid’s Telegram trading bot and copy-trading platform pvp.trade has accumulated roughly $8.68 million in total transaction fee commissions, cementing its status as one of the top Builders in the Hyperliquid ecosystem. Since Hyperliquid launched, pvp.trade has consistently reinvested its commission earnings into buying HYPE tokens. The platform currently holds 421,000 HYPE, with an average cost per token of just $20.6. At current market rates, that stake is valued at around $24.34 million. However, pvp.trade redeemed 400,000 HYPE tokens from staking yesterday — a holding worth approximately $22.8 million at the time of withdrawal. It remains unclear whether the move was a deliberate profit-taking play amid HYPE’s recent price surge. Hyperliquid’s Builder Fees mechanism rewards the creators of its products with a share of transaction fees generated by trading on those products.
Relevant content

Analysis: Over the past 30 days, over 100,000 BTC have flowed into the trading platforms while stablecoin outflows have accelerated, intensifying selling pressure in the market

**May 28 Crypto Update: BTC Inflows to Exchanges + Stablecoin Outflows Trigger "Risk-Off" Signal** Crypto analyst Axel Adler Jr. is highlighting a clear "risk-off" red flag for the Bitcoin market: BTC moving into centralized exchanges paired with a record pace of stablecoins exiting those platforms, pointing to growing selling pressure and shrinking buying liquidity. Data shows Bitcoin’s 30-day net exchange flow swung sharply from an extreme net outflow of 300,000 BTC at the end of March to a net inflow of 103,000 BTC as of May 26. That means more BTC is now being sent to exchanges to prepare for selling—directly pressuring its price, which has fallen from $80,000 to $73,700 over the same window. On the stablecoin side, the 30-day net flow flipped from a daily inflow of $164 million at the end of April to a daily outflow of $153 million as of May 27. This exodus of stablecoins from exchanges reduces the liquid capital available to purchase BTC, Adler explained. Adler stress

3 minutes ago

Bybit launches AMD, WDC, and BE Perpetual Contracts Today

May 28 – Bybit has launched three new perpetual contracts today, with up to 10x leverage available for AMD (AMDSTOCKUSDT), Western Digital (WDCUSDT), and Bloom Energy (BEUSDT). These assets align with trending market segments: AMD is a core beneficiary of AI computing power, Western Digital focuses on the storage sector, and Bloom Energy specializes in energy storage solutions – covering two high-growth areas: technology and energy. To coincide with the launch, a limited-time fee discount is in effect: Maker fees are set at 0%, while Taker fees receive a 50% reduction.

3 minutes ago

OKX APP Payment Protocol Goes Live for One Month, X Layer On-Chain Payment Data Continues to Surge

Per Dune data, as of May 28, X Layer has logged over 1.73 million total payment activities linked to OKX’s Agent Payments Protocol (APP), with cumulative transaction volume exceeding $6 million. The count of unique addresses on the network has topped 330,000, and X Layer has entered a rapid growth phase since May 22. For context, OKX’s Agent Payments Protocol (APP) has been live for a full month. Built specifically for AI Agent business scenarios, the protocol handles core workflows including payment method selection, digital signatures, and settlement. To support quick integration for merchants and developers, OKX offers components such as Skills, API, and SDK on X Layer. Multiple merchants have already completed the integration.

3 minutes ago

Announcement: US April Core PCE to Be Released Tonight at 8:30 PM, Expected at 3.3%

May 28: The U.S. April PCE data is set to release tonight at 8:30 p.m. Beijing time. Market consensus forecasts April’s year-over-year PCE rise will hit 3.8%, up from the prior reading of 3.5% and marking a near three-year high. The core PCE year-over-year rate is also expected to edge slightly higher to 3.3%. With energy price pressures still lingering and service sector inflation remaining sticky, if the data confirms inflation is accelerating broadly, it will provide strong backing for the Fed to pivot back to a hawkish stance. Currently, the CME Group’s FedWatch tool shows that while markets expect interest rates will stay unchanged in June, the probability of a rate hike before the end of the year has risen noticeably. Looking ahead, Goldman Sachs believes inflation will take time to cool, forecasting core PCE will remain around 3% through 2026, while overall inflation this year will hold below 4%.

3 minutes ago

Binance will list CTR perpetual contract

May 28: Per an official announcement, Binance will list the CTRUSDT perpetual contract on May 28, 2026 at 17:30 (UTC+8), offering up to 20x leverage.

3 minutes ago

Futu Q1 Net Profit of HK$831 million, a YoY Decrease of 61.2%

Futu Holdings Ltd. (NASDAQ: FUTU) released its Q1 2026 financial results on May 28. Revenue reached HK$5.8599 billion, a 24.7% year-over-year increase, while net profit fell 61.2% YoY to HK$831 million. According to Bitget data, Futu’s U.S.-listed shares traded down 4.84% in pre-market hours, changing hands at $104.88 as of press time.

3 minutes ago