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BNB $746.43 +0.23%
XRP $1.39 -0.61%
SOL $109.45 -0.18%
TRX $0.3301 -0.17%
DOGE $0.0851 -1.31%
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BCH $276.29 -0.98%
LINK $12.91 +0.70%
HYPE $85.40 +1.65%
AAVE $168.06 -1.66%
SUI $1.09 +1.71%
XLM $0.1952 -0.35%
ZEC $1,223.76 +0.95%
AAPL $336.40 +0.01%
AMZN $262.43 -0.03%
GOOGL $351.32 -0.16%
MSFT $534.74 -0.12%
META $719.08 +0.08%
NVDA $230.29 -0.11%
TSLA $382.47 -0.15%
SNDK $1,592.43 +0.04%
INTC $104.87 -0.04%
SPCX $163.72 +0.45%
MU $1,034.58 +0.06%
AMD $609.54 -0.20%

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Solana officially stated that it will vigorously promote the construction of fully on-chain perpetual contracts, aiming to become the world's strongest on-chain financial derivatives infrastructure

Solana's official announcement "Building Fully On-Chain Perpetual Contracts on Solana" aims to vigorously promote the ecological construction of fully on-chain perpetual contracts (Perps) in the future, with the goal of making Solana the world's strongest on-chain financial derivatives infrastructure. Currently, the trading volume of crypto derivatives is mainly concentrated on centralized trading platforms or hybrid models that rely on off-chain matching engines, which Solana believes is a transitional phase. It hopes to make a truly fully on-chain derivatives market a reality through the characteristics of high-performance blockchain—where all processes such as order submission, price updates, matching, and clearing are completed on-chain, while maintaining institutional-level speed and low costs.The Solana Foundation will provide funding, technical support, and resource allocation, focusing on supporting projects that meet the following criteria: fully on-chain execution, price discovery based on real bilateral liquidity (rather than purely pool pricing), Solana priority with revenue flowing back on-chain, teams with derivatives experience, and core code being open source. It also welcomes the co-construction of surrounding infrastructure such as front ends, aggregators, vaults, and market-making tools.

RootData released the eighth issue of the "Cryptocurrency Exchange Transparency Rankings (Stock Category)": BingX makes the list for the first time, while XT.com falls out of the top ten

Web3 asset data platform RootData released the eighth issue of the "Cryptocurrency Exchange Transparency Rankings (Stock Category)," continuing to focus on the growth trend of stock assets in cryptocurrency exchanges. In this ranking, Binance, OKX, Bybit, Gate, and Bitget continue to occupy the top five positions.In terms of ranking changes, BingX entered the list for the first time at ninth place due to a significant increase in traffic, while XT.com fell out of the top ten this issue due to a decline in trading volume and insufficient compliance transparency.In terms of traffic, leading platforms showed a moderate decline. Newly ranked BingX had a weekly traffic of 7.6 million, placing it second, just behind Binance. Meanwhile, Ourbit's traffic plummeted from 1.33 million to below 310,000, a drop of over 76%, making it the exchange with the largest decline in traffic this issue.Additionally, according to the ranking data, almost all exchanges experienced a significant decline in daily average trading volume, with decreases generally between 10% and 25%.It is reported that RootData adheres to the principle of "transparency first" and has taken the lead in establishing a dual evaluation system of "transparency + liquidity" in the field of stock cryptocurrency exchanges, thereby providing investors with more effective data references. The platform will continue to enhance and publish this ranking in the future.
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