The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

Binance will launch multiple USDT-margined TradFi perpetual contracts today, including SHAZUSDT (09:00 UTC), SOFIUSDT (09:05 UTC), PANWUSDT (09:10 UTC), and PENGUSDT perpetual contracts. The underlying assets are U.S. stocks SharonAI Holdings, SoFi Technologies, Palo Alto Networks, and Penguin Solutions, with support for up to 25x leverage and 24/7 trading.

According to on-chain analyst Ai Yi (@ai_9684xtpa), the smart money that went long 1,000 BTC and 10,000 ETH since the start of the month is now sitting on an unrealized profit of $5.484 million. The address opened long positions on BTC on July 6 and ETH on July 14, at entry points of $62,354 and $1,761.9 respectively. Its current position value stands at $85.36 million, with funding fees paid exceeding $330,000.

Robinhood Chain-native token launch platform Pons announced that 20% of the total PONS token supply has been burned in just the past 8 days, and the platform will continue to use its revenue to burn PONS tokens. According to GMGN monitoring, Robinhood Chain ecosystem token PONS briefly hit an all-time high of over $39 million in market cap today, and is now trading at $33 million, up 105% in 24 hours, with roughly $13.7 million in trading volume over the same period. PONS is the native token of Robinhood Chain’s token launch platform Pons, which supports the creation and issuance of fixed-supply tokens. The platform uses collected WETH fees to repurchase PONS, while directly burning PONS fees from transactions, leading some community members to label it as Robinhood Chain’s equivalent of Pump.fun. Related reading: Robinhood Launchpad: A Battle of Hundreds of Projects, Who Will Come Out on Top? BlockBeats Note: On-chain token trading is highly volatile, often driven by market sentiment and hype, with no inherent value or real-world use cases. Investors are advised to exercise caution.

Contract whale "Set 10 Big Goals First" posted their open position this morning: a 4x leveraged long on Bitcoin. On-chain analyst Ai Yi (@ai_9684xtpa) estimates the whale’s average entry price at $63,827.06, with the long position holding roughly 2,358.05 BTC, valued at $150 million. As BTC breaks above $66,000, its unrealized profit could expand to $5.15 million. Previously, "Set 10 Big Goals First" stated in a post that recent trades are dominated by short-term long positions, with no short positions opened so far. The risk-reward ratio for shorting is currently low, as Bitcoin is relatively near its cyclical bottom. The subsequent trend may gradually emerge and trigger a new rally, so the whale is unwilling to miss the potential upward signal. The current position may be held for medium to long term, but will still be adjusted based on market conditions, with no exclusion of continuing short-term trades. Additionally, a large-scale correction in US-listed AI-related tech stocks cannot be ruled out in the next six months.

According to Hyperinsight monitoring, the Pre-IPO contract price of CXMT (Changxin Memory, whose listed entity is Changxin Technology) on Hyperliquid has risen for 6 consecutive hours during today's Asian trading session, currently at $6.88, up more than 5.4% in 6 hours, corresponding to a RMB share price of 46.56 yuan. Calculated based on the post-issue total share capital of 66.881 billion shares, the on-chain implied market cap is approximately $460.1 billion, equivalent to around 3.11 trillion yuan. China's leading domestic storage chip maker Changxin Technology will list on the Shanghai Stock Exchange's STAR Market on July 27 (next Monday). Based on this market cap, the subscription cost per lot of 500 shares for retail investors who win the online application is 4,330 yuan, with an estimated market value of 23,280 yuan for 500 shares on the first trading day, translating to a profit of about 18,900 yuan per lot.

Morph has officially launched Morph Tachyon, an independent Layer 1 network built specifically for on-chain transactions. As one of the first projects to build transaction infrastructure on Morph Tachyon, decentralized perpetual contract trading platform PopDEX will leverage the network to build a high-performance on-chain trading environment, further enhancing the execution efficiency and user experience of on-chain derivatives trading. Built on Morph Tachyon’s high-performance on-chain trading scenario design and independent consensus and settlement architecture, PopDEX achieves a target block time of 200 milliseconds, maximum throughput of 200,000 TPS, and instant finalization. Leveraging this high throughput and transaction-native architecture, PopDEX will further strengthen on-chain trading execution capabilities, enabling faster, more stable order processing and market interaction, and delivering an on-chain trading experience comparable to that of professional trading platforms for traders, market makers, and liquidity providers. The two parties will continue to collaborate on on-chain trading infrastructure, jointly advancing the development of on-chain markets with higher performance and capital efficiency.