US Stock Futures Dive Further

According to monitoring by OnchainLens, crypto whale MK4 (@mk4_lul) holds a 5x leveraged long position in LIT, with a position value of $13 million, an entry price of $1.29, and current unrealized profit of $6.7 million. The whale’s wallet address has amassed a lifetime total profit of $173.68 million.

Pendle’s funding rate trading platform Boros has crossed the $20 billion nominal trading volume milestone in less than a year since its launch. Today, Boros has become the de facto venue for institutions and market participants to trade, hedge, and capture funding rate differentials across platforms, with over 170 markets of varying maturities to date.

On-chain detective ZachXBT has published an article outlining the baseline criteria for the on-chain investigations he will undertake. He will not accept or respond to investigation requests unless the following conditions are met: the case is recent, a single victim’s loss exceeds $250,000, the jurisdiction is favorable to his work, the incident occurs on a blockchain he supports investigating, and it does not involve meme tokens or prediction markets.

South Korea’s BNK Busan Bank has completed a pilot project for a Korean won stablecoin infrastructure on Kaia Chain. The proof-of-concept (PoC) was jointly conducted by K-STAR Alliance partners AhnLab Blockchain Company, Lambda256, and Open Asset. Test results showed a 100% transaction success rate and processing time of less than one second.

According to HTX market data, LIT (Lighter) has continued to rally since announcing a major adjustment to its token economic model, bouncing back from a low of $0.77 to $2.7, with a 22% increase in the past 24 hours. Lighter previously announced that future token repurchases funded by trading platform revenue will shift from simple repurchases to full permanent burns, and it plans to first burn approximately 15.5 million LIT tokens that were repurchased earlier, accounting for around 6.3% of the circulating supply. This mechanism will officially take effect in the third quarter of 2026. Additionally, the funding source for staking rewards will also switch from trading platform revenue to ecological reserve funds.

According to data from DeFiLlama, recent trading activity around meme tokens including ANSEM on Solana and TCC, CZ on BNB Chain has driven increased activity on both public blockchains. Solana has risen to the top spot among public blockchains in terms of 7-day activity, with roughly 31.385 million active addresses over the period, a 38% week-over-week surge. Its 7-day trading volume stands at $13.63 billion, with 685 million transactions, generating $4.06 million in fees, a 70% year-over-year increase. The blockchain’s 7-day revenue reached $422,500, up 21% year-over-year. Solana’s total value locked (TVL) across its entire network is currently at $24.78 billion, up 3.9% over the past 7 days. BNB Chain recorded roughly 8.3 million active addresses over the past 7 days, with 96.7 million transactions, a 3.5% year-over-year increase, generating $182,000 in fees. BNB Chain’s 24-hour trading volume rose 45%, climbing from $240 million to $350 million.