# Trading Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Trading", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

CoinFound × OSL Research Launches Stablecoin Research Collaboration, First Phase Focuses on USDGO

CoinFound and OSL Research have launched a stablecoin research partnership, with the initial phase centered on USDGO. The collaboration will conduct thematic research on the USDGO stablecoin ecosystem, utilizing on-chain data analysis and market structure observations. The study aims to explore the development path of stablecoins within the digital financial system and their application potential in trading, settlement, and on-chain financial scenarios. As stablecoins increasingly serve as a bridge between traditional finance and on-chain financial infrastructure, there is growing demand for research into their issuance mechanisms, liquidity structures, and ecosystem synergies. CoinFound and OSL Research will collaborate on building research frameworks and sharing industry insights. Their joint efforts will include co-developing research content, establishing data analysis frameworks, and publishing findings through reports, market observations, and thematic analyses. OSL Research, part of the OSL Group, focuses on in-depth digital asset research and provides forward-looking market insights. CoinFound specializes in Web3 data and research, offering analysis of asset structures and capital flow trends through on-chain analytics. Together, they aim to advance stablecoin research and provide clearer industry benchmarks for the digital asset market.

marsbit04/09 03:32

CoinFound × OSL Research Launches Stablecoin Research Collaboration, First Phase Focuses on USDGO

marsbit04/09 03:32

How Can an Average Person Identify if a Token Has a Whale Behind It in 10 Minutes?

This article argues that identifying whether a token has a "whale" (a large, controlling holder) is the wrong question, as all successful tokens have them. The key is determining the whale's current phase: accumulation, markup (pumping), distribution (dumping), or having already exited. It provides a framework using on-chain and off-chain signals to identify these phases. Key on-chain metrics include: analyzing linked wallets to find true concentration, not just top holders; checking if trading volume is real or fake based on volume/holder ratio; monitoring DEX liquidity pool changes; analyzing trade volume concentration and net buy volume; and comparing price action to holder growth rates to pinpoint the whale's phase. The core thesis is that whales are not a bug but a fundamental feature of the market; concentrated筹码 (chips/tokens) and capital are prerequisites for a pump. The structural disadvantage for retail is being "long-only"—entering at high prices with no safety net, making them vulnerable. The article proposes that decentralized shorting mechanisms could be a solution, allowing retail to profit from correctly identifying distribution phases and breaking the whale's monopoly on price control. However, shorting carries extreme risks like unlimited losses and being squeezed. It is framed not as a guarantee of profits but as a necessary tool for "symmetrical armament," allowing retail to participate in two-way betting and transition from being "prey" to a "hunter" on the playing field.

marsbit04/09 02:11

How Can an Average Person Identify if a Token Has a Whale Behind It in 10 Minutes?

marsbit04/09 02:11

Prediction Markets Plunge into Major Controversy Again: Are You Trading Facts or Rules?

The prediction market sector, particularly platforms like Polymarket and Predict.fun, is facing significant controversy over event resolution rules that sometimes conflict with user expectations. Two recent cases highlight the issue. First, on Polymarket, a market asking “Will US forces enter Iran by a certain date?” was resolved as “Yes” after US special forces entered Iranian territory to rescue a downed pilot. While the rules technically defined such an operational entry as a qualifying "invasion," many users argued it contradicted the common-sense understanding of a military invasion, as the action was a limited humanitarian rescue, not a combat operation. Second, on Predict.fun, a market on “Will Polymarket launch a token?” was resolved as “Yes” after the platform announced a new stablecoin, Polymarket USD, pegged 1:1 to USDC. The rules defined a "token" as any fungible asset, but the community debated whether a stablecoin—a collateral tool rather than a governance or equity token—should truly count as the "launch" users were predicting, especially for a subsequent market on the project’s Fully Diluted Valuation (FDV). The core conflict is whether users are betting on real-world events or a platform’s specific, often technical, rules. These cases show that a high-probability bet can quickly become a loss if the rules are misinterpreted. The key takeaway for participants is to prioritize understanding the precise, written rules over their own assumptions to avoid unexpected outcomes.

marsbit04/08 03:37

Prediction Markets Plunge into Major Controversy Again: Are You Trading Facts or Rules?

marsbit04/08 03:37

Prediction Markets Plunge into Major Controversy Again: Are You Trading Facts or Rules?

The prediction market sector, particularly in Web3, is facing significant controversy over the interpretation of event outcomes versus predefined rules. Two recent high-profile cases highlight this tension. On Polymarket, a market asking "Will US forces enter Iran by a certain date?" was settled as "Yes" after US special operations troops entered Iranian territory to rescue a downed pilot. While the rules explicitly qualified such operational entries—including humanitarian missions—as valid, many users argued that a limited, rescue-focused operation should not be considered an "invasion," contradicting common understanding. On Predict.fun, a market asking if Polymarket would "launch a token" was triggered when the platform introduced a native stablecoin, Polymarket USD, pegged 1:1 to USDC. The rules defined "token" broadly as any fungible asset, but critics argued that issuing a stablecoin—a collateralized utility token—should not count as a "token launch," which is typically associated with governance or equity tokens. This raised questions about whether the outcome reflected market expectations about valuation (FDV) or merely technical rule compliance. The core issue is whether participants are betting on real-world events or narrowly defined rules. These cases show that even high-probability markets can become "lose-everything" scenarios if rule nuances are overlooked. Understanding the rules—including definitions, exceptions, and interpretation boundaries—is crucial, as outcomes often hinge on technicalities rather than intuitive reality.

Odaily星球日报04/08 03:30

Prediction Markets Plunge into Major Controversy Again: Are You Trading Facts or Rules?

Odaily星球日报04/08 03:30

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