ββTop Protocols by Open Interest growth in the last 30 days
Open Interest is the total value of open derivative positions that have not yet been closed or settled. It shows how much active capital and leverage is currently deployed in the market.
Open Interest is the total value of open derivative positions that have not yet been closed or settled. It shows how much active capital and leverage is currently deployed in the market.
ββSuperform Postpones UP Token Generation Event
The UP TGE, initially expected around December 23, has been postponed after the Legion sale ended later than planned and the MiCA transition period closes on December 26. A year-end update is expected on December 30.
π discord.com/channels/9968521124
The UP TGE, initially expected around December 23, has been postponed after the Legion sale ended later than planned and the MiCA transition period closes on December 26. A year-end update is expected on December 30.
π discord.com/channels/9968521124
ββSelf-Custodial Neobank Tria Launches Season 1 Points Program
Users earn XP from spending, upgrades, and referrals, with card-tier multipliers and all past XP applied retroactively. Tria enabled card top-ups from self-custodied Bitcoin for global Visa/Mastercard spending.
Tria raised $12M in Pre-Seed & Strategic funding led by P2 Ventures (Polygon) and Aptos.
π x.com/useTria/status/2002030854663463212?s=20
Users earn XP from spending, upgrades, and referrals, with card-tier multipliers and all past XP applied retroactively. Tria enabled card top-ups from self-custodied Bitcoin for global Visa/Mastercard spending.
Tria raised $12M in Pre-Seed & Strategic funding led by P2 Ventures (Polygon) and Aptos.
π x.com/useTria/status/2002030854663463212?s=20
ββCentralized Exchanges exploring IPO in 2026
As crypto matures, the next wave of IPO candidates is shifting from hype to infrastructure. Exchanges with deep liquidity and regulatory footing are positioning themselves for 2026 listings.
As crypto matures, the next wave of IPO candidates is shifting from hype to infrastructure. Exchanges with deep liquidity and regulatory footing are positioning themselves for 2026 listings.
ββGnosis Chain completes hard fork to recover funds
Gnosis executed a chain-level hard fork to recover funds related to the Balancer hack in Nov 2024 (involving over $116M). The team stated that the assets are now "out of hacker control," but did not specify the recovery rate.
π x.com/gnosischain/status/2003410653185474630?s=20
Gnosis executed a chain-level hard fork to recover funds related to the Balancer hack in Nov 2024 (involving over $116M). The team stated that the assets are now "out of hacker control," but did not specify the recovery rate.
π x.com/gnosischain/status/2003410653185474630?s=20
ββZama Announces the OG NFT Public Sale Benefits
OG NFT holders get access to the ZAMA community sale at the public auction floor price, with each NFT allowing the purchase of up to 40,000 ZAMA at $0.005 ($55M FDV), representing 2% of total supply across 5,500 NFTs.
Eligible holders will also receive a 5% bonus on filled bids, capped at one OG NFT per wallet.
The ZAMA public auction runs January 12β14, selling up to 10% of supply via a sealed-bid Dutch auction on Ethereum, starting at a $55M FDV floor.
π x.com/zama/status/2003431230461591920?s=20
OG NFT holders get access to the ZAMA community sale at the public auction floor price, with each NFT allowing the purchase of up to 40,000 ZAMA at $0.005 ($55M FDV), representing 2% of total supply across 5,500 NFTs.
Eligible holders will also receive a 5% bonus on filled bids, capped at one OG NFT per wallet.
The ZAMA public auction runs January 12β14, selling up to 10% of supply via a sealed-bid Dutch auction on Ethereum, starting at a $55M FDV floor.
π x.com/zama/status/2003431230461591920?s=20
ββFormer FTX US president raises $35M for TradFi perp exchange
The platform aims to bring crypto-style perpetuals to equities, FX, and commodities, targeting institutional traders seeking on-chainβlike efficiency in TradFi markets.
π x.com/Architect_Fi/status/2003484124628254805?s=20
The platform aims to bring crypto-style perpetuals to equities, FX, and commodities, targeting institutional traders seeking on-chainβlike efficiency in TradFi markets.
π x.com/Architect_Fi/status/2003484124628254805?s=20
ββPhantom Introduces In-App Prediction Markets, Powered by Kalshi
Phantom Prediction Markets is live, letting users browse hundreds of crypto and non-crypto markets directly in the Phantom app using any Solana token, including CASH.
Phantom also rolled out chat features across token, perps, and prediction market pages, enabling users to track community sentiment and discover additional insights.
π x.com/phantom/status/2003172024013971878?s=20
Phantom Prediction Markets is live, letting users browse hundreds of crypto and non-crypto markets directly in the Phantom app using any Solana token, including CASH.
Phantom also rolled out chat features across token, perps, and prediction market pages, enabling users to track community sentiment and discover additional insights.
π x.com/phantom/status/2003172024013971878?s=20
ββKalshi Spotlight. Recent News and Platform Updates
Kalshi continues to grow as a leading regulated prediction market, rolling out new features and forming partnerships and integrations with Coinbase, Robinhood, BNB Chain, Base, Phantom, and TRON. The platform has reached over $23B in total trading volume, with an average daily volume of $14M.
Discover the latest Kalshi developments, collaborations, platform updates, trending markets, and key stats in our fresh Spotlight.
Kalshi continues to grow as a leading regulated prediction market, rolling out new features and forming partnerships and integrations with Coinbase, Robinhood, BNB Chain, Base, Phantom, and TRON. The platform has reached over $23B in total trading volume, with an average daily volume of $14M.
Discover the latest Kalshi developments, collaborations, platform updates, trending markets, and key stats in our fresh Spotlight.
ββSEC charges $14 million crypto investment scam
The SEC charged three crypto platforms and four investment clubs for allegedly running a social mediaβdriven investment scam that defrauded retail investors of over $14 million.
π theblock.co/post/383702/us-sec-charges-14-million-crypto-scam
The SEC charged three crypto platforms and four investment clubs for allegedly running a social mediaβdriven investment scam that defrauded retail investors of over $14 million.
π theblock.co/post/383702/us-sec-charges-14-million-crypto-scam
ββTop 15 DeFi Protocols by F/P (Fees-to-Price) Ratio
Silo is currently the most efficient protocol in this class, generating nearly $12 in annual fees for every $1 of market cap. This is nearly double the yield of the next closest competitors, Quickswap and mETH Protocol, which both generate roughly $6-7 per $1 of mcap.
Silo is currently the most efficient protocol in this class, generating nearly $12 in annual fees for every $1 of market cap. This is nearly double the yield of the next closest competitors, Quickswap and mETH Protocol, which both generate roughly $6-7 per $1 of mcap.
ββMetaplanet stopped BTC acquisition for the last 3 months
Metaplanet paused Bitcoin buys while restructuring its balance sheet and unlocking liquidity. With shareholder backing and new financing in place, itβs now positioned to resume Bitcoin accumulation when conditions align.
π cryptoslate.com/metaplanets-financial-gymnastics-paves-way-for-potential-bitcoin-buy/
Metaplanet paused Bitcoin buys while restructuring its balance sheet and unlocking liquidity. With shareholder backing and new financing in place, itβs now positioned to resume Bitcoin accumulation when conditions align.
π cryptoslate.com/metaplanets-financial-gymnastics-paves-way-for-potential-bitcoin-buy/
ββPhilippines Blocks Coinbase & Gemini in Crypto Licensing Crackdown
Philippine Internet service providers (ISPs) have begun blocking major crypto exchanges as regulators tighten enforcement of local licensing rules. Access to Coinbase & Gemini was restricted following an order from the telecom regulator, marking a shift from tolerance to active enforcement.
After Binance was previously banned, other unlicensed platforms like OKX, Bybit, and KuCoin are now under scrutiny.
π cointelegraph.com/news/philippines-blocks-coinbase-gemini-unlicensed-vasps
Philippine Internet service providers (ISPs) have begun blocking major crypto exchanges as regulators tighten enforcement of local licensing rules. Access to Coinbase & Gemini was restricted following an order from the telecom regulator, marking a shift from tolerance to active enforcement.
After Binance was previously banned, other unlicensed platforms like OKX, Bybit, and KuCoin are now under scrutiny.
π cointelegraph.com/news/philippines-blocks-coinbase-gemini-unlicensed-vasps
ββBrevis Unveils BREV Tokenomics Next to Coinbase Listing Roadmap
The 1,000,000,000 BREV supply is allocated to Ecosystem Development (37%), Community Incentives (32.2%), Team (20%), and Seed Investors (10.8%).
BREV is utility and governance token, used to pay for ProverNet services via dynamic auctions and to secure the network through staking and delegation with performance-based slashing.
Brevis is a ZK infrastructure enabling verifiable cross-chain computation, backed by Polychain Capital and Binance Labs, with $7.5M raised in seed funding.
π x.com/brevis_zk/status/2003782726437286258?s=20
The 1,000,000,000 BREV supply is allocated to Ecosystem Development (37%), Community Incentives (32.2%), Team (20%), and Seed Investors (10.8%).
BREV is utility and governance token, used to pay for ProverNet services via dynamic auctions and to secure the network through staking and delegation with performance-based slashing.
Brevis is a ZK infrastructure enabling verifiable cross-chain computation, backed by Polychain Capital and Binance Labs, with $7.5M raised in seed funding.
π x.com/brevis_zk/status/2003782726437286258?s=20
ββNvidia buying AI chip Groqβs assets for about $20 billion
The deal will transfer Groqβs AI chip assets to Nvidia. The purchase expands Nvidiaβs access to custom AI silicon and inference IP. It comes amid accelerating demand for AI compute infrastructure.
π cnbc.com/2025/12/24/nvidia-buying-ai-chip-startup-groq-for-about-20-billion-biggest-deal.html
The deal will transfer Groqβs AI chip assets to Nvidia. The purchase expands Nvidiaβs access to custom AI silicon and inference IP. It comes amid accelerating demand for AI compute infrastructure.
π cnbc.com/2025/12/24/nvidia-buying-ai-chip-startup-groq-for-about-20-billion-biggest-deal.html
ββHashKey Capital raised $250M for its fourth crypto fund
The firm is targeting a total fund size of $500 million to invest in blockchain and Web3 projects. The initial close signals continued institutional interest in crypto venture opportunities despite broader market volatility.
π coindesk.com/business/2025/12/24/hashkey-capital-s-usd500-million-target-blockchain-fund-raises-usd250-million-in-first-round
The firm is targeting a total fund size of $500 million to invest in blockchain and Web3 projects. The initial close signals continued institutional interest in crypto venture opportunities despite broader market volatility.
π coindesk.com/business/2025/12/24/hashkey-capital-s-usd500-million-target-blockchain-fund-raises-usd250-million-in-first-round
ββPolymarket Users Affected by Security Breach
Polymarket confirmed that several users were affected by a security breach linked to a third-party vulnerability. Social media reports earlier this week cited unauthorized logins and drained account balances.
The issue impacted users who accessed Polymarket via Magic Labs, which provides email-based login and non-custodial ETH wallets.
π coindesk.com/business/2025/12/24/polymarket-points-to-third-party-login
Polymarket confirmed that several users were affected by a security breach linked to a third-party vulnerability. Social media reports earlier this week cited unauthorized logins and drained account balances.
The issue impacted users who accessed Polymarket via Magic Labs, which provides email-based login and non-custodial ETH wallets.
π coindesk.com/business/2025/12/24/polymarket-points-to-third-party-login
ββDecentralized Framework Tea Protocol Postpones TEA TGE to February 5
The TEA launch will be powered by Aerodrome Ignition on Base, with no further details disclosed.
Tea previously held a CoinList sale at a $50M valuation and ran incentivized testnets to improve anti-bot and anti-farming systems.
Tea is Web3 framework for sustainable open-source development, backed by ~$16.9M from Binance Labs, WAX, and others.
π x.com/teaprotocol/status/2003535820083630229?s=20
The TEA launch will be powered by Aerodrome Ignition on Base, with no further details disclosed.
Tea previously held a CoinList sale at a $50M valuation and ran incentivized testnets to improve anti-bot and anti-farming systems.
Tea is Web3 framework for sustainable open-source development, backed by ~$16.9M from Binance Labs, WAX, and others.
π x.com/teaprotocol/status/2003535820083630229?s=20
ββBiggest acquisitions conducted this year
This yearβs largest acquisitions highlight a clear trend - consolidation is accelerating across trading, custody, and payments. As regulation tightens and institutions grow, market leaders are buying capabilities rather than building from scratch.
This yearβs largest acquisitions highlight a clear trend - consolidation is accelerating across trading, custody, and payments. As regulation tightens and institutions grow, market leaders are buying capabilities rather than building from scratch.
ββTrust Wallet Extension Breach Leads to ~$6M in Stolen Funds
Multiple Trust Wallet users reported unauthorized fund outflows from their wallet addresses this midnight. The incidents followed a recent update to Trustβs Chrome browser extension.
π x.com/TrustWallet/status/2004316503701958786?s=20
Multiple Trust Wallet users reported unauthorized fund outflows from their wallet addresses this midnight. The incidents followed a recent update to Trustβs Chrome browser extension.
π x.com/TrustWallet/status/2004316503701958786?s=20