Khi thị trường dự đoán dần hòa nhập vào hệ thống tài chính chính thống, các sự kiện được quan tâm cao như chính trị, thể thao, kinh tế vĩ mô, AI và quy định tiếp tục thúc đẩy nhu cầu giao dịch sự kiện, biến "xác suất tương lai" thành tài sản có thể giao dịch. Bằng cách tích hợp Polymarket, Gate đã đóng gói trải nghiệm giao dịch dự đoán vốn mang bản chất Web3-native thành trải nghiệm giao dịch dạng tài khoản trong CEX, tận dụng quy mô người dùng, cửa ngõ thanh khoản USDT và khả năng phân phối giao dịch để nhanh chóng trở thành kênh phân phối Top3 của Polymarket.

Last week, BTC ETFs recorded a net outflow of approximately $996 million, while ETH ETFs saw a net outflow of about $255 million. On-chain and TradFi CEX derivative trading continued to be dominated by safe-haven assets such as gold. On-chain liquidity remained concentrated in top DEXs like PancakeSwap and Raydium. Lending on Aave's mainnet and the LST sector experienced a pullback, with demand for leveraged positions on both the ETH and Solana sides cooling simultaneously. Meanwhile, new chains like Plasma and MegaETH continued to attract structural capital migration.

Last week, BTC broke through $82,000 driven by continued ETF inflows, with BTC ETFs recording a net inflow of $632 million for the week. CEX TradFi equity-class assets continued to grow. On-chain capital flowed back to leading DEXs and mature liquidity scenarios, with Uniswap and PancakeSwap as the core receiving platforms; Aave is still digesting the impact of the rsETH event, with the lending market remaining weak.

Buying long put options is one of the most typical directional option strategies in a bear market. This strategy obtains downward profit elasticity by paying a fixed premium, with limited maximum loss, making it suitable for expressing a bearish view or hedging portfolio risk. This article, using BTC cases, explains the profit structure, applicable scenarios, risk sources, and practical key points of the Long Put, helping readers understand this trading tool that possesses both defensive and offensive attributes in high-volatility markets.

Against the backdrop of sustained trading demand driven by political, sports, and geopolitical events, coupled with an expansion of the platform’s fee structure, Polymarket’s trading volume and active users have shown structural growth fueled by specific events. However, high revenue does not equate to long-term validation. It currently functions more as a trading market activated by high-attention events rather than a broadly diversified platform. Gate, leveraging its account system, low entry barriers, and product integration capabilities, is entering the prediction market, offering an alternative, more easily convertible on-ramp beyond native on-chain paths.

Markets change, tools evolve, but only a deep understanding of the underlying mechanisms allows one to find a new foothold in every structural shift.

Tác động của AI đã lan đến lĩnh vực crypto, với tốc độ nhanh hơn hầu hết mọi người dự đoán.

Last week, the crypto market exhibited an overall pattern of "cautious optimism," with BTC rising from $68,000 to above $77,000. Trading activity in TradFi has cooled somewhat, but gold remains a core trading asset. On-chain capital continues to concentrate in high-liquidity and high-turnover scenarios, with PancakeSwap's weekly trading volume approaching $36 billion. Stablecoin capital is clearly flowing back into settlement-type dollar assets, with USDT supply rising to nearly $200 billion. Following the rsETH incident, Aave's lending balance plummeted by 26.7% in a single week.Core View: Last week, the crypto market exhibited a pattern of "cautious optimism." BTC rose above $77,000 due to easing geopolitical risks and growing expectations of interest rate cuts. On-chain capital concentrated in high-liquidity and settlement-type assets, but the repricing of complex risk pathways (such as the rsETH incident) led to a structural migration of capital.Key Elements:BTC ETFs saw net weekly inflows of $585 million, with BlackRock's IBIT accounting for over 80%; total net asset value exceeded $102.64 billion, indicating a recovery in market confidence.Stablecoin capital flowed back into settlement assets, with USDT supply rising to nearly $200 billion, while the yield-bearing stablecoin USDe saw net outflows of nearly $2 billion in a single week.Following the rsETH incident, on-chain risk appetite declined. Aave's lending balance plummeted by 26.7% in a week, with capital accelerating its shift towards competing protocols like Spark. Core stablecoin borrowing rates surged significantly.The derivatives market exhibited a classic divergence structure of "negative funding rates + high-range volatility." BTC short positions remain crowded, but spot and institutional buying provide support, with implied volatility rebounding.Institutional trading activity rebounded, with spot trading volume increasing 20.09% week-over-week. CrossEx trading volume and capital scale hit new highs (up 79% and 816% week-over-week, respectively).

Thị trường Pre-IPO vẫn còn ở giai đoạn đầu, ai sẽ là người chiến thắng vẫn chưa rõ.

Tuần qua, thị trường biến động mạnh dưới tác động kép của những diễn biến bất ổn địa chính trị và dữ liệu kinh tế vượt kỳ vọng. Dầu thô WTI tăng hơn 7% trong tuần, có lúc vượt 113 USD, cùng với dữ liệu bán lẻ, ISM và việc làm phi nông nghiệp mạnh mẽ, đã đẩy thị trường chứng khoán Mỹ phục hồi, kim loại quý lập đỉnh mới, trong khi tài sản mã hóa cũng tăng theo sự cải thiện của tâm lý chấp nhận rủi ro. Về dòng tiền, ETF BTC ghi nhận dòng vốn ròng dương khoảng 22.3 triệu USD trong tuần, trong khi ETF ETH tiếp tục chứng kiến dòng tiền ròng âm. Việc tái cân đối cuối quý dẫn đến dòng tiền chảy vào rồi nhanh chóng rút ra.

Over the past week, the market was driven by a combination of ceasefire easing, declining inflation, and stable policies. Oil prices fell sharply, the VIX retreated, risk appetite recovered, and BTC's trading range shifted upward to $68,000–$73,000. At the capital level, there was a strong recovery after intense volatility. BTC ETFs recorded a net inflow of approximately $833 million for the week, hitting a new high for the period. ETH ETFs also saw net inflows, with institutional buying regaining dominance. Trading structures shifted towards macro high-volatility assets and leading platforms, with capital concentrating on energy commodities like oil, and DEX activity returning to high-liquidity platforms such as Uniswap.

Quá nhiều người xem bóng đá, nhưng rất ít người có thể giao dịch kết quả – lần này, ForeGate đã phá bỏ rào cản

Against the backdrop of overall pressure in the crypto market and intensified project differentiation in Q1 2026, Gate's spot listing system still demonstrated strong resilience: with a 77.1% coverage rate of top projects, a 73% first-listing share, and a 37.8% proportion of exclusive projects, it built a structurally complete supply framework. In terms of post-listing performance, the proportion of new tokens that rose across multiple time windows from 5 minutes to 7 days generally remained above 50%, with median returns at 24 hours and 3 days reaching +9.3% and +10.0% respectively.

Thị trường trong tuần qua chủ yếu chịu tác động từ việc leo thang căng thẳng Mỹ-Iran, giá dầu WTI tăng gần 17% trở lại trên mức 100 USD, kéo theo lợi suất trái phiếu Mỹ tăng (10Y lên 4.44%), đồng USD mạnh lên, thị trường tiền mã hóa tổng thể giảm hơn 6%, chỉ số VIX tăng lên 31. Về mặt dòng tiền, ETF BTC và ETH có dòng ròng rút khoảng 5 tỷ USD trong tuần, sau đó có dòng chảy vào nhỏ trở lại. Trên chuỗi, khối lượng giao dịch Perp DEX TradFi tăng lên khoảng 17 tỷ USD, khối lượng giao dịch vĩnh viễn TradFi trên CEX đạt mức cao mới theo giai đoạn; khối lượng giao dịch DEX tổng thể giảm.

Giảm thiểu rào cản cho người dùng phổ thông tham gia vào các sự kiện nóng toàn cầu, đồng thời cung cấp môi trường phát hiện giá và giao dịch chiến lược hoàn thiện hơn cho các nhà giao dịch chuyên nghiệp.

The depreciation of the US dollar results from the combined long-term effects of changes in real purchasing power, fiscal policy, and real interest rates. The traditional banking system, constrained by regulations, creates an overflow of dollar demand, which stablecoins are precisely positioned to absorb. The quality of stablecoin collateral, transparency, and issuer credibility are becoming core variables determining their price stability, liquidity priority, and long-term capital preferences. Looking ahead to 2026, stablecoins are more likely to play the role of a US dollar "reservoir" and distribution layer. Their reserve assets, forming a stable buying force for short-term US Treasuries, are in turn influencing the pricing structure of the dollar itself.