Why was the volume of margin calls on October 11th dozens of times greater than in previous black swan events? The shift in market structure here has a significant impact. During this cycle, crypto assets have become the perfect hedge against US stocks. This correlation is particularly evident with the rise of DATs and ETFs, which have become the connector between crypto and Wall Street liquidity. Over the long weekend, the only hedge Wall Street could offer against the price risks of DATs, ETFs, and tech stocks was crypto. If not you, who else?

Hyperliquid's liquidation volume on October 11th accounted for half of the market. And the first time the ADL algorithm was activated, thousands of accounts were wiped out. However, the complaints I saw were mostly limited to "Please be gentler with liquidations next time" (don't just target profitable positions). This demonstrates DeFi's unique advantage: all responsibility lies with the algorithm.

Yesterday was not a black swan, just a lame duck.

According to Foresight News, modular lending platform Euler Labs announced the launch of a new product Frontier, which is a segregated market template for specific stablecoins, supporting stablecoins and their derivatives. USDC, as the only blue-chip asset that can be borrowed, has a loan-to-value ratio of 91% or 95%, and the interest rate is adaptive. The market also includes basic oracles and EulerSwap. Frontier aims to reduce the cost of capital in DEX liquidity. At present, the first batch of Frontier markets have been launched, including mEDGE, mMEV, lvlUSD and ezETH.

🟡 $WIF: Price Analysis Update 🟡 Brief Background: Price action on the 4-hour chart is very neutral. $WIF is indecisive and currently in neutral territory on the daily chart. -Support: $0.920 -Resistance: $1.080 Currently in high risk buy zone. Observations: Price action hints at a possible bearish breakout targeting the lower golden pocket area around $0.840 to $0.830 📉 Magnetic Levels: Weekly SSB at $0.810 which could be a daily bottom and potential reversal zone! 🔴My Bullish Bias: Neutral → Slightly Bearish 📉 Watch for dips, but also watch for daily uptrends, could present a buying opportunity if support holds. #WIF #MEME

According to Foresight News statistics, from March 8, 2025 to March 14, 2025, a total of 15 investment and financing events occurred in the crypto market, including 3 tools and infrastructure, 4 in the DeFi field, 3 in the asset management field, 3 in the chain game and NFT field, and 2 in the Web3 field. The total amount of investment and financing has been disclosed is approximately US$200 million.     A summary of the total amount of financing and the number of financing transactions disclosed at the weekly level:     This week's investment and financing projects are sorted by financing amount as shown in the figure below:   This week, there were 3 USD financings of tens of millions this week, including RedotPay's $40 million Series A financing, led by Lightspeed; crypto payment company Mesh completed a $82 million Series B financing, led by Paradigm; and Axelar Foundation disclosed that it had completed a $30 million token sale.   In the investment and financing segment, all tracks were relatively sluggish this week.   In terms of institutions, the active institutions this week include Lightspeed and Paradigm, etc., mainly focusing on the asset management field.   Tools and infrastructure   Axelar Foundation discloses completion of $30 million token sale   The Axelar Foundation plans to expand USD usage with stablecoins and support institutional tokenization of real-world assets (RWA) through its interoperability protocol.   Offline Protocol completes $1.1 million Pre-Seed round   Offline Protocol is a decentralized infrastructure.   AvatarOS announces completion of $7 million seed round   AvatarOS is an AI digital human creation platform.   DeFi   Rakurai completes $3 million seed round   Rakurai is a Solana ecological staking infrastructure.   Transaction Agreement Vest announces the completion of a $5 million financing   Vest replaces fragmented individual risk assessment needs and provides a verifiable, neutral framework. Instead of relying on trust, financial participants can use a shared, objective risk model that can be dynamically adjusted according to market conditions.   MYX Finance announces completion of US$5 million strategic round of financing   MYX Finance is a derivatives trading agreement.   VOOI announces completion of $1.25 million in community-led financing   VOOI is a cross-chain Perp DEX aggregator.   Asset Management   Crypto payment company Mesh completes $82 million Series B financing   Mesh is building a blockchain payment network that enables users to pay with crypto assets such as BTC, ETH and SOL, while merchants can choose to settle in stablecoins such as Circle's USDC, PayPal's PYUSD or Ripple's RLUSD.   RedotPay completes $40 million Series A financing   RedotPay is a Web3 payment solutions provider.   Arda completes $3 million Pre-Seed round   Arda is an crypto startup founded by Oli Harris, former head of digital asset strategy at JPMorgan Chase.   NFT and Chain Games   Mint Town announces the completion of a new round of financing of 700 million yen (about 4.75 million US dollars)   Mint Town is a Japanese Web3 game development company.   M10 completes a round of financing of US$3 million   M10 is a Web3 game developer and publisher focusing on developing competitive multiplayer games.   nunu.ai completes a $6 million seed round   nunu.ai focuses on the intersection of artificial intelligence, games and robotics technology, and is committed to building the first AI agent that can test and play games, and promoting the intelligent development of the game industry.   Web3   Crypto startup Arda completes $3 million in Pre-Seed round   Harris said his team is developing a platform that will help digitize the entire real estate economy and store this data using blockchain technology.   PoPP announces the final round of $6 million in funding before TGE   PoPP is a decentralized user protocol platform based on AI.   other   Calaxy, founded by NBA star Dinwiddie, launches Web3 Creator Fund   Founded by NBA star Dinwiddie and tech entrepreneur Solo Ceesay, Calaxy announced the launch of the Web3 creator fund "It's Your World" at the SXSW conference in Austin, Texas. The fund is currently worth $1 million and aims to help creators in the Web3 field develop independent CEO thinking.

We learned today that Kim Jong-un has the master key to Ethereum and now everything makes sense.

In the matter of Bybit, although it is unlikely that Safe will make any compensation, it should morally do it and it has the financial resources. It is actually a sub-project of Gnosis. Gnosis raised 250,000 ETH from everyone in the ICO era, and now the treasury should still have 150,000 ETH. In addition, Gnosis and safe also have a market value of US$1 billion. This is the most prosperous project to survive in the ICO era. At least we should join forces with Bybit to create a hacker bounty to share the cost.

The commemorative super loop of 2049 He's always right; we just woke up too early

.@Christianeth is indeed one of the few decent entrepreneurs in the currency circle. At this level of guarantee, it is definitely a rare existence. Of course, only people in the currency circle are stupid and dare to say that 50 million US dollars is "small money". At the peak of that year, Lao Wang only dared to say that "earn it first is a small goal." Those who talk about small money have the value of Lao Wang 3.5 times that year? However, judging from the CeDeFi model, this "bottom" is endless. In addition to platform security issues, he actually took the lead in Morpho/MEV Cap/Usual Money. I hope @Christianeth will overcome the difficulties. Of course, I hope that his project will completely unbundle this hidden "guaranteed" kidnapping in the future in terms of mechanism design.