Native Markets Discontinues USDH, Will Continue to Support 1:1 Redemptions and Exchanges in the Coming Months

According to an official announcement, Bitget has launched 8 US equity leveraged and ETF perpetual contracts, including NVDL (2x long Nvidia ETF), TSLL (2x long Tesla ETF), AAPU (2x long Apple ETF), MSFU (2x long Microsoft ETF), and other products. All contracts are settled in USDT, support up to 20x leverage, and enable 24/7 trading. As of press time, Bitget’s stock contracts cover a total of 230 underlying assets. For more details, please refer to Bitget’s official platform.

According to official announcements, OKX will launch the RLUSD Holding Yield Program on July 21, 2026. Users holding RLUSD will automatically earn holding yields without requiring subscription, redemption, or asset locking; the first 2,000 RLUSD of each user’s holding will enjoy a 10% annualized return. Additionally, VIP users can receive an annualized return of up to 4.1% with no cap on their holdings, while regular users will get a 3.5% annualized return. Rewards can be distributed in either RLUSD or XRP, and users can participate in the program and check their holdings and earnings via the "Earn" — "RLUSD Rewards" section in their OKX accounts. It is noted that RLUSD is a U.S. dollar-pegged stablecoin issued by Standard Custody & Trust Company, a subsidiary of Ripple.

According to Bitget market data, the Nikkei 225 index continued to rise in late trading, gaining 3% intraday and currently trading at 66079.56 points.

According to Hyperinsight monitoring, ZHIPU on Hyperliquid saw a sharp rebound today to $149.52, with a 31.1% gain from its intraday low to high. As of press time, ZHIPU trades at $146.71. Background: Zhipu (ZHIPU) completed a placement of 19.78 million new H shares on July 13. On July 17, Moonshot AI released its 2.8-trillion-parameter open-source model Kimi K3, which intensified market concerns over China’s large language model competitive landscape, leading to a sustained slump. The stock price halved after the H-share offering, and today it has recouped a portion of those losses. During this rebound, an address starting with 0x52e6 took a contrarian short position early today, with all orders opened at the midpoint of the rally. The address initiated shorts when the stock rose ~12% from its low, adding to positions from $127.5 to $143.2. The position then saw continued gains before noon, leaving only ~$17 of buffer to its liquidation price. It currently holds ZHIPU short positions with 5x isolated margin, worth ~$198,700, with a liquidation price of ~$163.83. The position has an unrealized loss of ~$14,100, a return of ~-38.1%, and has nearly lost 40% of its initial margin. Monitoring shows that, aside from this largest loss-making position, there are 7 new ZHIPU positions exceeding $50,000 opened in the last 2-3 hours during today’s rebound—all short positions, totaling ~$953,200 in value, all currently underwater with a combined unrealized loss of ~$70,800. In contrast, among long positions exceeding $100,000, the average cost is ~$149.66, only ~2% above the current price. Currently, only the largest long position near $159.41 faces real liquidation pressure; the cost lines of the other four long positions have already been reclaimed by the current price.

According to Bitget's market data, spot silver's intraday gain has widened to 3%, now trading at $58.1 per ounce.

According to official sources, cloud computing startup Fluidstack closed an $830 million Series A funding round in January this year, valuing the company at $7.5 billion. The round was led by Situational Awareness, with participation from multiple prominent investment firms. The company primarily provides infrastructure for leading AI labs, aiming to accelerate the deployment of ultra-large-scale computing power and support the rollout of hundreds of gigawatt-level computing resources.