Lookonchain APP

App Store

Hyperliquid will set a strict upper limit for the Settlement Reserve, and JELLY long users will settle refunds at $0.037555.

3 days ago

On March 28th, Hyperliquid made an announcement. Users who held a long position in JELLY at settlement will receive a refund from the foundation at a settlement price of 0.037555. This indicates that all JELLY traders will settle at a price that is beneficial to them, unless they are from marked addresses. Hyperliquid is enhancing risk management in several aspects, such as: · HLP: The liquidation treasury will have a strict limit, which is only a small part of the total HLP account value. This will reduce the rebalancing frequency and adopt more sophisticated logic regarding emergency liquidations. If the loss of the liquidation treasury exceeds a certain threshold, an Auto-Deleveraging (ADL) will be triggered instead of automatically transferring collateral from other treasury components. It should be noted that an ADL is not expected in the case of organic market activities. · Open Interest Cap: The open interest cap will be adjusted dynamically based on market value. · Delisting Assets: Validators will vote on-chain to delist assets below a certain threshold.
Relevant content

This Week's Unlock Schedule: SUI, ENA, DYDX, and other tokens will see significant unlocking

On March 31st, based on Token Unlocks data, tokens such as SUI, ENA, and DYDX will experience significant unlocks this week (all in Beijing time). These include: OP unlocked approximately 31.34 million tokens at 8:00 AM on March 31st, accounting for about 1.93% of the current circulating supply, with a value of around $23.8 million. SUI will unlock approximately 64.19 million tokens at 8:00 AM on April 1st, accounting for about 2.03% of the current circulating supply, worth around $152 million. DYDX will unlock approximately 8.33 million tokens at 8:00 AM on April 1st, accounting for about 1.09% of the current circulating supply, with a value of around $5.4 million. ZETA will unlock approximately 44.26 million tokens at 8:00 AM on April 1st, accounting for about 6.05% of the current circulating supply, worth around $13.2 million. ENA will unlock approximately 40.63 million tokens at 3:00 PM on April 2nd, accounting for about 0.77% of the current circulating supply, with a value of

10 minutes ago

Japanese Stock Market Plunges 4%, South Korean Stock Index Widens Losses to 2.3%

March 31st: Given the potential influence of "Trump to Announce Tariffs on Wednesday," the Nikkei 225 Index witnessed a continuous decline during early trading today. The extent of the decline expanded to 4%. The South Korean KOSPI Index also saw its decline widen to 2.3%, reaching its lowest level since February 10th. (Kryptonian)

10 minutes ago

California Assemblymember Introduces "Bitcoin Bill of Rights," Will Provide Digital Asset-Related Rights Protection

March 31st. As per Bitcoin.com, the California Assembly has officially put forward AB-1052, which is the "Bitcoin Bill of Rights" bill. This bill, proposed by the Chair of the California Banking and Finance Committee, Assemblymember Juan Carrillo Valencia, is intended to offer legal safeguards to digital asset users. It clarifies the self-custody rights of Bitcoin and other digital assets and prohibits public agencies from imposing taxes or restrictions when these assets are used for payment. Furthermore, the bill sets up a legal framework for handling "unclaimed digital assets" to ensure that such assets are properly held by licensed custodians, thereby avoiding uncertainties in estate administration. The bill suggests amending the "Political Reform Act of 1974" to prohibit public officials from issuing, sponsoring, or promoting any digital asset, security, or commodity. This is to prevent political influences from impeding the development of emerging financial technologies. The Sato

10 minutes ago

A whale spent $50.8 million to increase their HYPE holdings to hedge their short position.

On March 31st, as per the monitoring of OnchainLens, a whale is currently conducting a short-selling spot hedge on HYPE. During the past 14 days, this whale has deposited 112.3 million USDC into HyperLiquid and used 3x leverage to short HYPE, realizing a profit of 2.4 million dollars. Additionally, they purchased 387,417 HYPE at an average price of 13.12 dollars, spending 50.8 million dollars, and incurring an unrealized loss of 270,000 dollars.

10 minutes ago

Trump Says Starting Third Presidential Term Is Not a Joke, Pence Stepping In and Resigning Again is One Option

On March 31st, U.S. President Trump stated in an interview on Sunday that his pursuit of a third term as U.S. president is not a jest. However, he considered doing so at present to be premature. The 22nd Amendment to the U.S. Constitution stipulates that the same person can only serve as president for two terms. Trump said, "I'm not joking, but it is too early to think about this now. There are certain ways to handle it." Nevertheless, he declined to elaborate on the specific approaches. When asked about a possible situation where Vice President Pence runs and then resigns in favor of Trump, Trump replied, "That is one way, but there are other means." Reversing the constitutional amendment demands a two-thirds vote in both the House and the Senate, along with the approval of three-quarters of the state legislatures in 50 states. Long-time Trump advisor Steve Bannon said in an interview on March 19th that he believes Trump will run again in 2028. Bannon stated that he and others are re

10 minutes ago

Goldman Sachs Raises U.S. Economic Recession Probability and Tariff Rate Expectation

March 31st. In the early morning of today, Goldman Sachs significantly enhanced its expectations for U.S. tariffs in 2025 in a research report and cautioned that the escalation of trade tensions could have a serious impact on economic growth, inflation, and employment. The bank currently anticipates that the average U.S. tariff rate in 2025 will increase by 15 percentage points, which is higher than the previous baseline of 10 percentage points. The main reason for this adjustment is that the expected comprehensive "reciprocal tariffs" to be announced by Trump on April 2nd will impose an average 15% tariff on all U.S. trading partners, and the average actual impact of tariffs is expected to increase by 9 percentage points. Goldman Sachs has raised its core PCE inflation expectation for the end of 2025 in the U.S. by 0.5 percentage points to 3.5%, citing the influence of rising import costs on inflation. The GDP growth rate in the fourth quarter is expected to slow down to 1.0%, which i

10 minutes ago