News linked to both this project and an event.
: HyperLiquid has announced an upgrade to the AQAv2 mechanism. The system will use on-chain automated trading to maintain a dynamic 1:9 balance of USDC between two core addresses in each HyperEVM block, corresponding to the contract execution layer and the treasury reserve layer, respectively.According to the mechanism design, this ratio is used for functional stratification between "high-frequency trading and liquidation liquidity" and "long-term reserves and yield pools," aiming to enhance system stability and isolate trading risks.On the technical side, the balancing process is executed automatically by the system without manual intervention. Circle is responsible for the technical deployment, while Coinbase undertakes the treasury deployment and management.Regarding the yield mechanism, AQAv2 stipulates that stablecoin issuers must distribute approximately 90% of their cost-adjusted reserve earnings generated within the Hyperliquid ecosystem to the protocol. Settlement occurs on a 30-day cumulative cycle, and the earnings will be automatically transferred to the Assistance Fund on the 8th day after the cycle ends.Additionally, the mechanism includes a transition period arrangement:1. Start of yield accrual: August 26;2. First yield payment: October 3.The market believes this design marks the evolution of stablecoins from traditional custody structures toward an on-chain infrastructure model characterized by "protocolized capital stratification + automated yield distribution."
according to an official announcement, OKX will officially list perpetual swaps for CRDO, CIEN, ISRG, and FLNC stocks on the web, App, and API on June 11.Among them, CRDO/USDT will open for trading at 17:00 (UTC+8), CIEN/USDT at 17:15, ISRG/USDT at 17:30, and FLNC/USDT at 17:45.The announcement states that the aforementioned stock perpetual swaps are all settled in USDT, support 7×24 hour trading, and have a funding fee settlement cycle of 8 hours. When the funding rate hits its upper or lower limit, the system will automatically adjust the funding fee settlement frequency to once per hour.
According to official announcements, OKX has become one of the first partners of Mastercard’s newly launched Agent Pay for Machines (AP4M). AP4M targets high-frequency, low-value, and automated “machine-level” payment scenarios between AI Agents and supports multiple settlement methods, including bank cards and stablecoins. OKX will integrate into this ecosystem via its Agentic Wallet and the Agent Payments Protocol (APP). AP4M is built upon Mastercard’s Agent Pay, launched in 2025, aiming to provide payment infrastructure for commercial activities among AI Agents. Over 30 organizations are among the initial participants, including Stripe, Ant International, Cloudflare, Coinbase, and OKX—spanning payment, blockchain, and AI infrastructure sectors.
As user demand for trading foreign exchange, gold, indices, and other assets continues to rise, Bitget’s CFD segment has achieved a single-day trading volume exceeding $1 billion, representing a 25% increase since early May. Previously, Bitget announced the launch of its zero-fee CFD mode. Under this mode, users are exempt from trading commissions when trading CFD products and are charged via standard spreads. Users may also freely switch between ECN and zero-fee modes based on their trading preferences. The ECN mode features low spreads plus trading commissions, making it suitable for short-term and high-frequency traders; whereas the zero-fee mode is better suited for medium- to long-term position holders and low-frequency traders.
: According to the official announcement, Bitget CFD has launched the Zero-Fee Mode. In this mode, users are exempted from trading commissions when trading CFD products, and standard spreads are used for pricing.Users can freely switch between ECN mode and Zero-Fee Mode according to their own trading habits. Among them, the ECN mode adopts a low spread plus trading commission structure, suitable for short-term and high-frequency trading users; the Zero-Fee Mode adopts a zero commission plus standard spread structure, more suitable for medium-to-long-term holding and low-frequency trading users.
Michael Saylor, chairman of Bitcoin reserve company Strategy, posted a "Working Better" message on Sunday, accompanied by a bubble chart tracking Strategy's Bitcoin purchases over the past six years. This chart has previously appeared multiple times before Strategy announced new Bitcoin purchases.This statement comes ahead of the proxy voting deadline on June 7. Strategy is seeking shareholder approval to change the dividend payment frequency of its STRC perpetual preferred stock from monthly to semi-monthly and is urging retail shareholders to submit their proxy votes. The company stated that the amendment requires at least 50% approval from the 85 million shares outstanding as of April 17, 2026, to pass. (cointelegraph)
the Solana validator client Firedancer, developed by Jump Crypto, is now officially running on the Solana mainnet and has started producing blocks.Firedancer Lead Engineer Ritchie Patel stated that over the past few months, the client has processed tens of millions of transactions. However, the team is currently adopting a gradual deployment strategy and has no plans for a large-scale public rollout. Patel noted that until all security audits are complete, upgrading more than half of the network's validators simultaneously would pose significant risks.Firedancer is an independent validator client developed by Jump Crypto for Solana, aimed at enhancing network performance and reducing the risks associated with reliance on a single client. Patel indicated that the project's architecture draws from traditional high-frequency trading systems, with the goal of bringing blockchain performance closer to that of conventional financial market infrastructure.Additionally, the team has recently concluded a public security audit competition with a total prize pool of $1 million. According to Patel, with Firedancer's gradual deployment, the Solana network's stability during high-concurrency scenarios such as meme coin and NFT trading has already seen a notable improvement. (CoinDesk)
Bitget Wallet has upgraded its KOL Signal Leaderboard, continuously integrating AI and on-chain daily financial capabilities to lower the barrier for users to discover investment opportunities. This upgrade adds a new “Riding-Along Count” metric alongside the existing signal frequency metric. Users can now view both the number of signals per cryptocurrency issued by KOLs and the on-chain “riding-along” count—quantifying real capital follow-through behind each signal—and also examine the distribution of signal timestamps and corresponding buy timestamps to assess whether momentum is still building. Meanwhile, Bitget Wallet has increased its data collection frequency to the second level, enabling real-time conversion of KOL tweets into trading signals. Leveraging large language models, the system intelligently filters these signals, automatically discarding casual chatter and promotional content while extracting only genuine bullish signals—reducing information noise. Currently, this feature covers over 8,000 core KOLs across multiple regions—including China, the U.S., and Japan—as well as more than 5,000 on-chain KOL addresses. Since launch, average daily usage per user has reached 12.28 times per month.
Coinbase, a cryptocurrency trading platform, has disclosed in a technical sharing session that its internal multi-agent development tool "Mux" is reshaping software engineering workflows, transitioning the engineer's role from traditional code implementers to task orchestrators for AI agents.With the widespread internal adoption of AI programming tools such as Cursor, Copilot, OpenCode, and Claude Code, code generation efficiency has significantly improved. However, development workflows have long remained stuck in a traditional "single-task, single-branch, sequential execution" mode, creating a new collaboration bottleneck.Mux was born as an internal tool against this backdrop. By assigning each AI agent an independent git worktree, branch, and terminal environment, the system enables parallel multi-task development and conflict-free collaboration, allowing engineers to simultaneously direct multiple agents to handle tasks such as API development, test writing, vulnerability fixes, and code refactoring.Data shows that as of April 2026, Mux has covered over 600 users within Coinbase (including engineers, product managers, and designers), with 335 actively using it and 197 being high-frequency users. It has facilitated over 5,000 PR merges across 461 code repositories and 10 organizations. Engineers using Mux achieved an average of 39.6 PR merges, approximately 3.5 times the baseline of 11.4.Coinbase stated that Mux's success relies on its internal infrastructure capabilities, including an LLM Gateway, secure model access, and a code flow deployment system, enabling deep integration of multi-agent tools into real development workflows. This trend marks a structural shift in the software engineering paradigm: as AI reduces the cost of code generation, the core value of engineers is transitioning from "implementation capability" to "problem definition and agent orchestration capability."
: MoonPay has announced the acquisition of DFlow, an execution layer platform based on Solana, officially entering the trading infrastructure space.DFlow provides transaction optimization services for platforms such as Coinbase and Phantom, having processed over $50 billion in cumulative trading volume, with approximately 10 million monthly transactions.According to reports, the acquisition amount is approximately $100 million (paid in stock). MoonPay stated that integrating DFlow will enhance high-frequency trading capabilities and support a new generation of "agent-driven" financial applications.
Somnia, an L1 blockchain, has announced the launch of its ecosystem stablecoin USDso, issued and operated by the decentralized stablecoin protocol Frax Finance based on the frxUSD architecture. USDso employs an over-collateralized model and is backed by reserves including U.S. Treasury securities, enabling minting at a 1:1 ratio against assets such as USDC. Its yield distribution mechanism channels reserve yields back into the ecosystem—90% allocated to DeFi protocols and 10% reserved for an insurance fund. This stablecoin is designed to serve high-frequency trading, DeFi, and on-chain protocol use cases.
According to an official announcement, the on-chain burn of GateToken (GT) for the first quarter of 2026 has been officially completed, with a total of 2,557,729.381387 GT transferred to the burn address, representing a burn value exceeding $20.68 million.Since the launch of the Gate Chain mainnet in 2019, GT has maintained a continuous burn mechanism. To date, a total of 187,377,156 GT have been burned, with a cumulative burn value exceeding $1.382 billion (at current prices). The total token supply has been significantly reduced by approximately 62.46% from its initial 300 million tokens.With the launch of Gate Layer and the gradual rollout of native applications such as Gate Perp DEX, Gate Fun, and Meme Go, the utility frequency of GT, the sole Gas token for Gate Layer, has been continuously increasing. Concurrently, Gate is driving the coordinated development of infrastructure and applications including Gate for AI Agent, GateClaw, Gate.AI, and GateRouter, leading to a simultaneous increase in on-chain transaction and interaction demand. Gate will continue to implement its long-term, stable GT burn mechanism, fostering a tighter positive feedback loop between the token's economic model and real usage demand alongside ecosystem expansion.
Odaily News The x402 protocol, incubated by Coinbase, has announced the launch of a unified platform called Agent.market, positioned as an "AI Agent App Store" for centrally showcasing and integrating various tools and services built on the protocol. According to the introduction, Agent.market already covers seven major categories at launch: inference, data, media, search, social, infrastructure, and trading. It integrates service providers including OpenAI, Bloomberg, CoinGecko, LinkedIn, X, and AWS Lambda, and supports permissionless integration.Erik Reppel, Engineering Lead at Coinbase Developer Platform, stated that the platform is essentially "an app store for agents." Currently, there are approximately 69,000 active agents on the x402 network, which have cumulatively completed over 165 million transactions, with a transaction volume reaching $50 million. Most services on Agent.market adopt a pay-per-use model, with some charging an "agentic premium" for AI agents. However, costs can be reduced through subscriptions in high-frequency usage scenarios. Meanwhile, the "agent economy" based on x402 is lowering customer acquisition and integration costs for businesses, unlocking previously constrained demand due to API keys, subscriptions, and micro-payment mechanisms.The x402 protocol is named after the HTTP 402 "Payment Required" status code, enabling websites, APIs, and AI agents to conduct instant micropayments via blockchain and traditional payment channels. The protocol is governed as an open standard by the x402 Foundation under the Linux Foundation and has received support from over 20 technology and crypto institutions including Cloudflare, Stripe, Amazon Web Services, Google, and Visa. (The Block)
Bank of AI has partnered with Peking University’s Blockchain Association (PKUBlockchain) to release its inaugural research report, “Web4.0: When AI Agents Become Economic Actors—Infrastructure Gaps, Industry Landscape, and Investment Outlook,” officially published today. The report systematically outlines infrastructure gaps across three layers: the x402 payment protocol, the ERC-8004 identity standard, and the MCP tool-calling protocol. It further analyzes how Bank of AI integrates five core components into a one-stop Agent Financial Operating System—a representative case bridging protocols to real-world products. The report notes that TRON’s blockchain supports over $22 billion in daily transaction volume and $86 billion in circulating USDT, providing a scalable foundation for AI Agents’ high-frequency micro-settlements. Both parties will continue advancing the synergistic development of Web4.0 infrastructure and the agent-driven economy.
According to Crowdfund Insider, Circle has launched a new solution for high-frequency cross-chain USDC payments. Developers can leverage the Cross-Chain Transfer Protocol (CCTP) to enable local fulfillment providers to front-pay on the recipient’s designated chain, with the platform subsequently performing batch cross-chain settlement. This model reduces operational overhead associated with individual cross-chain transfers and is suitable for platforms processing large volumes of payments daily. Compared to the traditional CCTP process—which requires individual USDC burn-and-mint operations per transfer—the new solution supports batch settlement, reducing the number of burns on the source chain and eliminating the need for signature infrastructure on the destination chain. Circle also demonstrated the workflow using the Arc Testnet and Ethereum Sepolia.
Odaily News: Digital asset trading platform Gate has released its March 2026 Transparency Report. Centered around its Intelligent Web3 strategy, the platform is accelerating the construction of an AI product matrix with Gate for AI, GateClaw, GateAI, and GateRouter at its core, and is driving the deep integration of AI technology into its trading ecosystem. Gate AI already covers over 80 application scenarios, including market analysis, strategy assistance, and investment research support, and is gradually penetrating into high-frequency trading and investment research processes, becoming a key driver for the platform's capability upgrades.In terms of business data, Gate's TradFi segment achieved a single-day trading peak exceeding $20 billion, with asset coverage surpassing 350 types, and 174 new listings added in the month, making it a core engine for growth. According to CoinDesk data, the platform's user base has exceeded 51 million, with its derivatives market share rising to 12.2%, setting a new historical high. Its spot trading volume remains firmly in second place globally, with liquidity consistently ranking in the top three, and both trading depth and activity levels have improved simultaneously. Gate's institutional business has also performed exceptionally well, being rated as the "Best Institutional Trading Platform" in the BeInCrypto rankings. Leveraging approximately 2-millisecond low-latency matching, deep liquidity, a multi-asset system, and combined with its SuperLink cross-market accounts and third-party custody partnerships, the platform has further enhanced capital efficiency and security. Through the synergistic upgrade of its AI product matrix and multi-asset trading capabilities, Gate continues to strengthen its leading position in the global trading and institutional services arena.
According to Cointelegraph, the blockchain payment network XRP Ledger (XRPL) has partnered with zero-knowledge infrastructure provider Boundless to integrate its zero-knowledge technology into the underlying network, aiming to enable confidential and compliant on-chain transactions for banks and asset management firms. Shiv Shankar, CEO of Boundless, stated that the solution protects sensitive information—including transaction size, frequency, and counterparty details—through selective disclosure and role-based access control, while ensuring regulatory authorities can audit related activities. This integration is expected to drive adoption across multiple institutional use cases on public blockchains, including cross-border corporate payments, treasury management, over-the-counter (OTC) trading, tokenized asset issuance, and decentralized finance (DeFi). Industry observers believe that striking a balance between privacy and compliance is becoming a key factor in driving institutional adoption of public blockchains.