Open-source programmable cryptocurrency platform
Spacemesh is an open-source, programmable cryptocurrency platform powered by a novel Proof-of-Space-Time (PoST) consensus protocol. It aims to create a global programmable infrastructure for tokenized apps, communities, and economies.
Bybit has today added three new US stock perpetual contracts: VanEck Semiconductor ETF (SMHUSDT), SPDR S&P Biotech ETF (XBIUSDT), and Energy Select Sector SPDR ETF (XLEUSDT), with maximum leverage of up to 20x. To coincide with the launch, limited-time fee discounts are available: 0% maker fee rate and 50% off the taker fee rate.
According to the official announcement, HTX (formerly Huobi) has launched perpetual contracts for SMH/USDT, SOXS/USDT, DELL/USDT, and GRAM/USDT on June 18, with a maximum leverage of 10x for all. Concurrently, HTX is hosting a trading party for SMH, SOXS, DELL, and GRAM perpetual contracts from 15:00 on June 18 to 15:00 on June 25 (UTC+8), with a total prize pool of up to $20,000. During the event, users who register and trade the SMH/USDT, SOXS/USDT, DELL/USDT, and GRAM/USDT perpetual contracts—achieving a cumulative effective trading volume of ≥$1,000—will share the prize pool based on their trading volume ranking. Additionally, new perpetual contract users trading any of the SMH/USDT, SOXS/USDT, DELL/USDT, or GRAM/USDT contracts will receive exclusive benefits.
OKX has announced the official listing of SMH, EWZ, RIVN, DKNG, and RDDT stock perpetual swaps on its web, App, and API for users in certain supported countries and regions, starting from 17:00 Beijing time on June 18. Among them, SMH/USDT will open at 17:00, EWZ/USDT at 17:15, RIVN/USDT at 17:30, DKNG/USDT at 17:45, and RDDT/USDT at 18:00. These contracts are settled in USDT, with a funding fee settlement period of 8 hours and 7×24 hour trading.
According to official announcements, Bitget has listed stock contracts for 10 new underlying assets, including FLNC (Fluence Energy), CGNX (Cognex), SMH (VanEck Semiconductor ETF), ROK (Rockwell Automation), and ISRG (Intuitive Surgical). These cover popular sectors such as energy storage, industrial automation, semiconductors, and medical technology. The aforementioned contracts support up to 20x leverage.
: According to official sources, Gate's Contract Stock Zone will debut the perpetual contract trading (USDT settlement) of TWLO (Twilio), ROK (Rockwell Automation), CGNX (Cognex), IVV (iShares Core S&P 500 ETF), SOXX (iShares Semiconductor Sector ETF), SMH (VanEck Semiconductor 25 Component ETF), SPYM (SPDR Portfolio S&P 500 ETF), and VOO (Vanguard S&P 500 ETF) on June 16, 14:00 (UTC+8), supporting leverage of 1-20x.
Tom Lee stated that as AI "bottleneck" related stocks adjust, AI downstream assets are strengthening, with related targets including SMH, DRAM, MAGS, IGV, as well as AI downstream-related ETHA and Ethereum ETH. He pointed out that over the past month, Ethereum outperformed DRAM by approximately 5500 basis points, i.e., 55%.
Tom Lee posted on X platform, stating that as AI "bottleneck" stocks pull back, downstream stocks are rising in absolute terms, with bottleneck stocks including SMH and DRAM, and downstream stocks including MAGS and IGV. AI downstream stocks include ETHA and Ethereum-native assets.
Bybit has today added three new US stock perpetual contracts: VanEck Semiconductor ETF (SMHUSDT), SPDR S&P Biotech ETF (XBIUSDT), and Energy Select Sector SPDR ETF (XLEUSDT), with maximum leverage of up to 20x. To coincide with the launch, limited-time fee discounts are available: 0% maker fee rate and 50% off the taker fee rate.
Odaily, March 7 - The Kobeissi Letter posted on X platform, stating that the tech sector is currently experiencing volatility rarely seen in recent years. The Semiconductor ETF (SMH) and Software ETF (IGV) have already recorded 34 trading days this year with a single-day change of 4% or more, a 278% increase compared to the previous full-year record of 9 in 2024, and exceeding the total number of such days over the past seven full years combined. Of these, SMH has seen three single-day declines exceeding 4% in July alone; the 3x Bull Semiconductor ETF (SOXL) has had 18 trading days with a single-day change of 10% or more since June.
According to Odaily, the AI storage and semiconductor sectors have recently experienced a notable cooling, while Bitcoin has rebounded from its local low to above $61,000, sparking discussions on whether capital is beginning to reallocate toward digital assets. Stocks such as SanDisk and Micron have seen a clear weakening in momentum recently, with the DRAM ETF down approximately 25% from its mid-June high and the SMH also dropping around 12%.Analysis indicates that the increasing crowding of AI trades, combined with pullbacks among leading stocks, is driving capital to rotate within risk assets. Although it remains difficult to determine whether a sustained style shift is forming, the concurrent cooling of the AI narrative and the rebound in Bitcoin suggest that the market may be initially showing signs of rebalancing within risk assets. (CoinDesk)
The Kobeissi Letter posted an analysis pointing out that since April, US gold and Bitcoin-related ETFs have seen cumulative net outflows of approximately $12 billion, while semiconductor ETFs recorded net inflows of about $20 billion over the same period, with capital clearly concentrating on tech growth sectors. This trend accelerated further in mid-May: outflows from gold and Bitcoin ETFs more than tripled, while inflows into semiconductor ETFs doubled. In terms of market performance, the world's largest gold ETF, GLD, has fallen about 13% since early April, while the Bitcoin ETF IBIT has dropped approximately 12% over the same period. In contrast, semiconductor ETFs SOXX and SMH have risen by roughly 81% and 60%, respectively. The analysis suggests that the current market exhibits a clear "risk appetite shift," with retail capital accelerating its flow from safe-haven assets and crypto assets into high-growth semiconductor and AI-related sectors, driving the market in an unprecedented manner.