# Trading İlgili Makaleler

HTX Haber Merkezi, kripto endüstrisindeki piyasa trendleri, proje güncellemeleri, teknoloji gelişmeleri ve düzenleyici politikaları kapsayan "Trading" hakkında en son makaleleri ve derinlemesine analizleri sunmaktadır.

Solayer Unveils Multi-Asset Perpetual Trading Platform Dubbed Margin Trade

Solayer, a high-performance Solana Virtual Machine-compatible Layer 1 blockchain, has launched public testing for its multi-asset perpetual trading platform, Margin Trade. Built by former Citadel and Kraken traders, the platform enables unified margin, on-chain trading of both crypto and traditional assets like gold, oil, and a U.S. equities index. Following a private beta, the public testnet launch aims to offer capital efficiency and real-time execution in a single environment, moving away from fragmented traditional platforms. Margin Trade leverages Solayer's InfiniSVM infrastructure, which supports over 330,000 transactions per second with fast finality and low fees via SOL for gas, enabling high-throughput decentralized applications. This launch is part of Solayer's broader financial product diversification, which includes its Solayer Pay stablecoin platform. Backed by a $35 million ecosystem fund, future plans for Margin Trade include adding single-stock equities and volatility products, along with trading competitions and incentive programs.

TheNewsCrypto6 saat önce

Solayer Unveils Multi-Asset Perpetual Trading Platform Dubbed Margin Trade

TheNewsCrypto6 saat önce

Secures Over $60 Million in Funding from Dragonfly, Sequoia, and Others. An In-Depth Look at the On-Chain Derivatives Protocol Variational | CryptoSeed

Variational, a decentralized derivatives trading platform, has raised over $61.8 million in total funding, including a recent $50 million Series A led by Dragonfly Capital. Investors include Sequoia Capital, Coinbase Ventures, Bain Capital Crypto, and Hack VC. The platform, with over $810 million in Open Interest (ranking 4th among on-chain derivatives protocols), is founded by Lucas Schuermann and Edward Yu. Both are Columbia University graduates and former partners at quant fund Qu Capital. They later held senior roles at Genesis Trading, handling billions in trading volume. The broader team includes talent from Google, Meta, and top trading firms like Jane Street. Operating on Arbitrum, Variational distinguishes itself by aggregating external liquidity from CEXs, DEXs, and traditional market makers using an RFQ (Request-for-Quote) model, positioning itself more as a broker than an exchange like Hyperliquid. Its dual product line features Omni for retail users (offering up to 50x leverage on ~450+ crypto and TradFi pairs) and Pro for institutional OTC trading. Currently in a pre-TGE phase, Variational has launched an "Omni Points" system, with 50% of its upcoming $VAR token supply allocated for community incentives through trading-based rewards and referrals until Q3 2026.

链捕手13 saat önce

Secures Over $60 Million in Funding from Dragonfly, Sequoia, and Others. An In-Depth Look at the On-Chain Derivatives Protocol Variational | CryptoSeed

链捕手13 saat önce

21Shares Report: HYPE's P/S Ratio Only Half That of CME, Bull Market Target Price $70

21Shares Research Report: HYPE's P/S Ratio Half of CME's, Bullish Target $70 A recent report from 21Shares highlights Hyperliquid's evolution from a crypto derivatives DEX into a 24/7 "everything exchange" for perpetual contracts across various asset classes. The platform gained prominence during a February geopolitical incident when it provided real-time price discovery for WTI crude oil while traditional markets like CME were closed. Non-digital assets now account for approximately 35% of its volume, with traditional commodities and indices featuring among its top-traded assets. Hyperliquid's business model is rapidly diversifying, significantly reducing its dependence on crypto market cycles. Its cumulative trading volume and revenue are approaching levels comparable to CME Group's crypto derivatives segment. A key feature is its Assistance Fund, which directs 97%-99% of protocol fees to automated HYPE token buybacks, creating a deflationary mechanism with an implied buyback yield significantly higher than CME's traditional share repurchase program. Despite strong fundamentals, HYPE currently trades at a Price-to-Revenue (P/R) ratio of ~10x, roughly half of CME's ~17x. The report outlines valuation scenarios: a bullish case targets $62-$70 based on annualized revenue reaching $12-$15B and applying CME's P/R multiple. A bear case considers $15-$19 if growth slows. Key risks include platform centralization during crises, regulatory uncertainty for on-chain commodities, dependence on geopolitical volatility for non-crypto volume, and the need for sustained high trading volume to offset token unlocks. The analysis concludes that HYPE is increasingly being valued as a legitimate exchange business rather than a speculative crypto asset.

marsbit13 saat önce

21Shares Report: HYPE's P/S Ratio Only Half That of CME, Bull Market Target Price $70

marsbit13 saat önce

How to Quickly Get Started in the Base Ecosystem?

The Base ecosystem is booming. For newcomers, learning how to quickly get up to speed is key. This guide suggests using advanced features of on-chain trading terminals like GMGN to efficiently understand the ecosystem. Start by checking the top profit addresses on Base via GMGN's "Explore" function. Analyzing the recent profitable trades of these addresses reveals current trends. For example, one top address made significant profits from the meme coin $TSG. Investigate such tokens by visiting their social pages to understand the narrative—$TSG gained traction due to influencers promoting a specific slogan. Follow these influencers and use GMGN's monitoring tools to track their activity and set alerts for key terms, preparing for potential second-wave opportunities. Another profitable address held $LFI long-term. Research such projects on sites like BlockBeats to grasp deeper narratives, such as RWA or AI themes like "vvv" and $aeon on Base. The process can also be reversed: use platforms like DexScreener to see top-traded Base tokens, then analyze them via GMGN. The ultimate goals are to identify the chain's main narratives, build a database of profitable addresses and influencers for ongoing tracking, and anticipate key turning points for tokens. Leveraging these tools helps newcomers navigate Base efficiently without wasting time browsing social media aimlessly.

marsbit17 saat önce

How to Quickly Get Started in the Base Ecosystem?

marsbit17 saat önce

Bitcoin Opens New Opportunities As The MVRV Ratio Falls Below A Key Threshold

Bitcoin's near-term outlook appears bearish, with its price struggling below $80,000 amid high volatility. However, analysts like Ali Charts suggest this period may present a new buying opportunity. This is indicated by the Bitcoin MVRV Ratio falling below its 180-day Moving Average, a threshold historically associated with the market entering a discounted phase and often marking strategic accumulation points for investors. The $77,800 price level is identified as a critical short-term pivot. A decisive breakout above it could propel Bitcoin toward $79,000, while a rejection could lead to a retracement toward support levels at $76,900 or $76,000. The current consolidation under the MVRV 180-day MA is seen as a potential accumulation window before a potential upward move.

bitcoinist22 saat önce

Bitcoin Opens New Opportunities As The MVRV Ratio Falls Below A Key Threshold

bitcoinist22 saat önce

KalqiX Just Made Self-Custody a Mass Market Feature for Mainstream & Traditional Traders

For years, self-custody in Web3 has been hampered by trade-offs, forcing users to choose between security/convenience and performance. KalqiX aims to change this with its new Central Limit Orderbook (CLOB) DEX. It combines CEX-level speed and execution quality with true self-custody. The key innovation is processing and matching orders off-chain for performance, while using on-chain zero-knowledge proofs for secure, trustless settlement. This eliminates the need for users to surrender asset control, protecting them from custodial risks like those seen in the FTX collapse. KalqiX's launch represents a potential breakthrough, offering a long-missing solution that could make self-custody a viable, mainstream standard for all traders.

TheNewsCrypto2 gün önce 18:21

KalqiX Just Made Self-Custody a Mass Market Feature for Mainstream & Traditional Traders

TheNewsCrypto2 gün önce 18:21

Solana Strengthens RWA Presence With Explosive Growth In Value

Despite a recent price pullback to around $85, the Solana network is experiencing significant growth, particularly in its Real-World Asset (RWA) ecosystem. The total value of tokenized assets on Solana has surged to a new all-time high of over $2.8 billion, driven by its fast transaction speeds and low costs. This reflects growing institutional interest in bringing traditional financial assets onto the blockchain. Simultaneously, Solana's perpetual futures (perp) volume has reached record levels, hitting approximately $20 billion in total volume, second only to Hyperliquid. A key driver is GMTrade, an RWA-focused decentralized exchange. SOL's daily perp volume recently hit a high of $4.7 billion, marking a 500% month-over-month increase. While perp open interest on Solana remains lower than competitors, the rising volume indicates heightened trader engagement and market liquidity.

bitcoinist2 gün önce 00:31

Solana Strengthens RWA Presence With Explosive Growth In Value

bitcoinist2 gün önce 00:31

OmenX Launches Mainnet as the First Live Leveraged Prediction Market Platform

OmenX has launched its mainnet, claiming to be the first live leveraged prediction market platform. Built natively on Base, it initially offers up to 5x leverage for trading event outcomes, with plans to increase to 10x. The platform aims to provide a derivatives-like trading experience with better capital efficiency and active risk management. Concurrently, OmenX introduced "Hedge-to-Earn," an incentive campaign starting with Polymarket users, allowing them to hedge existing positions. The company has secured a multi-million dollar angel round and positions itself as a trading layer for event-based assets, focusing on crypto, sports, politics, and other high-attention topics.

TheNewsCrypto05/19 12:20

OmenX Launches Mainnet as the First Live Leveraged Prediction Market Platform

TheNewsCrypto05/19 12:20

Ethereum Institutional Adoption Expands: ETH Held In Corporate Reserves Climbs To New Landmark

Institutional demand for Ethereum is rising as corporate reserves of ETH hit a new high of 7.33 million tokens, valued at approximately $16 billion, despite the cryptocurrency's recent sideways and declining price action. This accumulation, representing about 6% of ETH's total supply, signals growing institutional acceptance of Ethereum as a strategic long-term asset. Meanwhile, on-chain data reveals a divergence in investor behavior: small and medium-sized whales are selling their holdings, while large whales are accumulating, potentially positioning for future gains. ETH is currently trading around $2,120, finding support in a buy-wall zone but facing resistance near $2,250.

bitcoinist05/19 00:31

Ethereum Institutional Adoption Expands: ETH Held In Corporate Reserves Climbs To New Landmark

bitcoinist05/19 00:31

Meme Wrapped Contracts: Is alt.fun Real Innovation or a Pseudo-Need?

A new platform called alt.fun on Hyperliquid has gained attention by merging meme coin creation with leveraged futures trading. Unlike typical meme platforms like Pump.fun, alt.fun requires creators to select an underlying asset (like HYPE or S&P 500) and a leverage level (2x, 3x, or 5x) to take a long or short position. The issued meme token is directly linked to a corresponding leveraged token (LT) on BounceTech, which represents that perpetual contract position. This means the token's price is driven by both the standard bonding curve (community buying/selling) and the performance of its leveraged underlying asset, allowing value to increase even without new purchases. The platform's "graduation" to a DEX pool requires a市值 of $9,000, achievable through market demand or underlying asset growth. While this mechanism can amplify gains in trending markets, it also introduces significant risks from asset volatility, leverage decay during rebalancing, and potential liquidation during sharp price moves. Despite early traction—with its top token ALT reaching an $8.8M market cap—alt.fun faces challenges. Its limited selection of 14 underlying assets constrains variety, leading to tokens with identical financial profiles. More fundamentally, critics argue it misunderstands the meme coin ethos: its tokens are primarily financial instruments tied to asset performance, lacking the community-driven narratives and cultural appeal essential for sustaining meme coin value. The article concludes that while mechanically innovative, alt.fun may be better suited as a niche DeFi product than a true meme platform.

marsbit05/18 12:45

Meme Wrapped Contracts: Is alt.fun Real Innovation or a Pseudo-Need?

marsbit05/18 12:45

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