Shitcoin Season Index Rises to 30

On November 13th, the Zero-Knowledge Privacy Technology project Aztec announced that it is going to launch the AZTEC token sale. The public sale is planned to be held from December 2nd to 6th, 2025, and it will be supported by Uniswap. According to the official announcement, this sale does not have an airdrop component and has not set up a special allocation mechanism. More than 300,000 addresses have been whitelisted, and these addresses will have bidding eligibility on the first day. The sale is open to global users, including American citizens. Regarding the sales mechanism, the project stated that it will focus on real-time price discovery and provide equal participation opportunities. The initial price is set at a fully diluted valuation (FDV) of $3.5 billion, which is about 75% lower than the implied network valuation based on the latest equity financing. Participants can mint a Soulbound NFT to confirm their participation status.

On November 13th, Uniswap made an announcement. "Token distribution often occurs behind the scenes, resulting in information asymmetry and giving an advantage to a few players. Now, we are introducing the Continuous Clearing Auction Protocol." CCA is a customizable protocol designed to initiate liquidity and token distribution on Uniswap v4. This protocol was developed in collaboration with Aztec, which provided a ZK Passport module to enable private and verifiable participation.

On November 13th, as per official information, the trading activity of the DeXe Protocol (DEXE) was launched at 22:00 on the Aster platform today. Users engaging in DEXE trading can obtain profits from a reward pool exceeding $200,000, and active traders can also receive additional DEXE rewards.

On November 13th, as reported by The Block, Circle is in the process of expanding its new Arc Layer 1 blockchain ecosystem. It is introducing two features to modernize the global foreign exchange market, namely a real-time on-chain forex engine and multi-currency stablecoin interoperability. Circle launched its stablecoin-centered testnet on October 28th, and it has attracted the participation of over 100 key players from both traditional finance and the crypto industry, including those in the capital markets, banks, payments, and digital asset sectors.

On November 13th, with the reopening of the U.S. government, U.S. Treasury yields increase despite the uncertainty regarding key data releases. The White House issued a warning yesterday that the October CPI, which was originally scheduled to be released today, may never be made public, and the initial jobless claims report has also been postponed. Due to policymakers' caution regarding inflation, the probability of the Fed pausing rate cuts next month has risen from 30% a week ago to 44%, according to CME data. A 30-year bond auction is planned for today. (FX168)

On November 13th, as per the monitoring of LookOnChain, a whale has just liquidated a long position of 10,695 ETH (equivalent to 37 million USD) from a newly created wallet 0x93c8, realizing a profit of 335,000 USD. Subsequently, the whale established another new wallet 0x9581, deposited 5.66 million USDC, and initiated a 25x long position with 7,595 ETH (amounting to 26.1 million USD).