Huobi HTX has launched AERGO perpetual contracts and kicked off a contract trading party.

April 19th — Monad co-founder Keone Hon said in a post: “I think liquidity pool lending protocols should set rate limits on collateral deposits for assets. For example: if an asset’s current supply is $100M and its cap is $300M, it should only grow to a max of $110M in the next 10 minutes—not let someone deposit the full $200M all at once. No one needs to drop that much in all at once. “This matters because when exotic assets are exploited, the damage depends on the asset’s exit channel size. For attacks involving infinite mint bugs, the amount that can exit effectively caps the maximum loss. “Lending protocols are often the biggest exit channels. Introducing a ‘smart cap’—where the initial cap is just above current supply and ramps up to the true limit over a few hours—would make a huge difference. If this existed, rsETH depositors would’ve avoided ~$200M in losses today. “This also highlights a point: asset issuers should back this too. If you issue tokenized assets with r

On April 19th, on-chain analytics firm Chainsight reported that total funds withdrawn from Aave reached $6.6 billion, with half ($3.3 billion) being stablecoins. Following the massive outflows, both deposit and borrowing rates spiked sharply: stablecoin deposit rates hit as high as 13.4%, while USDT and USDC borrowing rates stand at 15%.

As of April 19th, per Coinglass data: - Should Bitcoin drop below $73k, total long liquidation volume across major centralized exchanges (CEXs) would hit $538 million. - Conversely, should Bitcoin break above $77k, total short liquidation volume across major CEXs would reach $607 million. Note from BlockBeats: Liquidation charts do not display the exact number of contracts at risk of liquidation or the precise value of those contracts. The bars on these charts reflect the relative importance of each liquidation cluster compared to neighboring clusters—this is referred to as "liquidation strength." As such, liquidation charts indicate how strongly a target price will react when it hits a specific level. A taller bar means the price will see a more intense reaction from a liquidity cascade once it reaches that level.

April 19 — Iranian President Ebrahim Raisi stated that former U.S. President Donald Trump has no justification for depriving Iran of its nuclear rights. (FXStreet)

On April 19th, Ethereum dipped below $2,300, posting a 4.45% 24-hour drop, per HTX market data.

Bitcoin fell below $75,000 on April 19, down 2.62% over the past 24 hours per HTX market data.