Ventuals 關停，明星科技股鏈上 Pre-IPO 不都是好生意。

Pre-IPO perpetual contracts sit at the intersection of two things that, until recently, were nearly closed to everyone. Now, the crypto track has pried open both doors.

How much does it cost to launch a HIP-3 trading platform?

TradeXYZ上的SK海力士永續市場，在股市開市前展現了精確發現價格的能力

Who are the Robinhood and Interactive Brokers on-chain?

先跑進來的人能吃最肥的那口肉

機構比散戶更FOMO，a16z成外部第一大持倉機構。

舊資產興旺，鏈上再修道；原生資產膨脹時代滅亡，永續合約傳承衣缽放光。

HYPE's strength has driven the HyperEVM ecosystem

Offending CME could be more dangerous than offending Binance

Polymarket最終裁定「Strategy 5月賣幣」為否。

The median margin for liquidated positions is only $31, with 3x leverage, almost entirely dominated by retail investors.

HYPE代幣年內漲幅約150%，遠超比特幣同期表現。

加密交易所的核心權力，正被OKX親手交出去

The largest IPO in human history is opening its quota to everyone.

HYPE暴漲背後，Perp DEX賽道正在發生哪些變化？