StandX Mainnet officially launched today at 4:00 PM Hong Kong Time.
On November 24th, the StandX mainnet was officially launched at 4:00 PM in Hong Kong time. All the DUSD previously locked by users will be automatically transferred to their Perp wallet. During the operation of the mainnet, users will automatically receive points even if they do not trade and accumulate them.
The withdrawal function will be officially available three days later, on November 27th (Thursday).
This launch of the mainnet marks a key milestone for StandX in terms of product capabilities and ecosystem development, providing users with a more complete trading experience and richer asset utilization scenarios.
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Yi Li Hua: WLFI has experienced a contrarian surge of approximately 50% in the past three days, indicating potential significant progress in its fundamentals
On November 24th, the founder of Liquid Capital (formerly LD Capital), Yi Lihua, posted on social media: "In the past three days, WLFI has increased by 50 points. For a major project, this kind of counter-trend growth should be based on significant progress in its fundamental aspects. In today's ebb of the crypto narrative tide, all projects for long-term investment must research fundamentals, user base, revenue model, team background, and long-term vision."
4 minutes ago
Hyperliquid will unlock 3.08 billion HYPE tokens for the first time on November 29, representing 2.66% of the circulating supply.
On November 24th, according to Tokenomist's data, the first token unlock of the Hyperliquid project is scheduled to occur on November 29th at 15:30 Beijing time. It is expected that 9.92 million HYPE tokens worth $312 million will be unlocked, accounting for 2.66% of the circulating supply. This is the first unlock since the November 2024 Total Good Event (TGE). As stated in the official Medium article, the core contributor tokens are locked for one year after the TGE, and the majority of the vesting will be completed between 2027 and 2028.
Meanwhile, @mlmonchain noticed that the team unstaked 2.6 million HYPE tokens (approximately worth $85.8 million) about 29 hours ago, but no official statement regarding the unlocking process has been released yet.
4 minutes ago
Due to the decline in cryptocurrency assets, the Trump family's total wealth has decreased to $6.7 billion
On November 24th, as per the Bloomberg Billionaires Index, the total wealth of the Trump family has decreased from approximately $7.7 billion in early September to around $6.7 billion at present. This is mainly due to the drag exerted by its rapidly expanding crypto investment portfolio.
Specifically, the TRUMP coin has seen another 25% plunge since August. Eric Trump's American Bitcoin (ABTC) mining enterprise has witnessed its market value halve, with more than $300 million evaporating. Trump Media Technology Group (TMTG) has suffered an $8 billion drop in equity value due to a $20 billion Bitcoin and CRO bet going awry. Its 11,500 BTC position has lost about 25%. The Trump family's crypto project World Liberty Financial's WLFI token has also fallen back from its peak, with a book value decline of nearly $3 billion.
4 minutes ago
Equation Founder: Continues to Accumulate Bitcoin and Slowly Buys Some Small-Cap Altcoins
November 24th: Vida, the founder of Formula News, posted on her personal channel the day before yesterday. She stated that she is gradually implementing dollar-cost averaging (DCA) into some coins with extremely small market capitalization and liquidity value. She is also continuously accumulating Bitcoin at $84,000 (0.5% of her net worth).
Moreover, Vida expressed that she is "even more excited as the market declines. If BTC undergoes a flash crash to $77,000 within this week, she will directly allocate 5% of her net worth to BTC."
4 minutes ago
Hyperliquid: HIP-3 Deployers Can Now Activate "Growth Mode," Reducing Fees by 90%
On November 24th, the Perpetual Contract DEX Hyperliquid announced on the X platform that currently HIP-3 deployers have the ability to activate the "Growth Mode", which reduces fees by 90%. The Growth Mode can also come into effect based on other multipliers, such as collateral fee discounts tied to stablecoins and staking rewards.
4 minutes ago
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