Latest news with #HTXResearch
Cision Canada
26-06-2025
- Business
- Cision Canada
HTX Leads the Charge: Tech Sets the Stage for the Institutional DeFi Summer
PANAMA CITY, June 26, 2025 /CNW/ -- HTX Research, a research arm of the leading cryptocurrency exchange HTX, published its latest report, " The Technological Evolution and the Foundation of the Credit System Behind 'Institutional DeFi Summer '". This report systematically reviews technological advancements in institutional applications and credit mechanisms, delving into the policy-driven surge of institutional DeFi as regulatory tailwinds in the U.S. ease constraints on digital assets. A new DeFi summer is emerging, not for retail investors, but for institutions. Central to this shift, HTX has recently doubled down its focus on the DeFi sector. Following the listing of SPK (Spark), the flagship part of MakerDAO's Endgame roadmap, HTX continues to offer users access to high-yield DeFi opportunities while connecting institutional capital and on-chain liquidity. HTX Stands at the DeFi's Forefront HTX is ramping up its DeFi expansion as institutional adoption gains pace. Recent trading data highlights a renewed enthusiasm in the DeFi market. Over the past week, UNI (Uniswap, an Ethereum-based DEX) surged by 31% while RAY (Raydium, a Solana-based DEX) jumped 39%. Lending protocols like AAVE and SNX (Synthetix) gained 13% and oracle leader LINK (Chainlink) added 10%. Notably, real world assets (RWA) token ONDO experienced significant interest, driven by capital inflows from the U.S.. HTX has also made strategic moves into emerging ecosystems. Post-listing, Sui-based tokens like BLUE and CUTES demonstrated strong performance, underscoring HTX's ability to identify high-potential assets in nascent DeFi ecosystems. Regulatory Relaxation: Paving the Way for Institutional Entry According to HTX Research, two key developments in 2025 catalyzed the institutional wave for DeFi: the repeal of SAB 121 and the advancement of the GENIUS Act. These policies provide a solid foundation for traditional financial institutions to legally issue stablecoins and participate in on-chain finance. Against this backdrop, Wall Street investment bank Cantor Fitzgerald partnered with DeFi lending platform Maple Finance to execute the first on-chain Bitcoin loan transaction. The bank deposited its acquired BTC into Maple and earned an annualized yield of 4–6%. Symbolically, Cantor Fitzgerald's helmsman is none other than U.S. Commerce Secretary Howard Lutnick, signaling growing confidence in DeFi's institutional future and a future of "on-chain mainstream finance". On-Chain Credit Rises Along with Institutional DeFi Institutional-grade applications in DeFi are rapidly taking shape. Maple Finance's TVL has surpassed $2 billion and continues to grow. Moreover, MakerDAO's Spark protocol allocated $50 million directly to Maple, building on-chain lending products that generate a stable yield of 10-17%. This establishes a multi-step credit loop that mirrors the complexity and yield sophistication of traditional finance. HTX Research identifies a wave of technical and structural upgrades transforming DeFi into an institutional-grade financial layer: Sybil Resistance and On-Chain Trust: Projects like 3Jane form a decentralized credit rating system combining ZK and FICO scores to offer non-collateralized USDC loans to small- and medium-sized institutions. Structured Debt Instruments (CLOs): Currently, several DeFi protocols, such as Maple, are developing on-chain collateralized loan obligations (CLOs), issuing different classes of debt securities—senior and junior—to meet investors' varied risk preferences and offering greater liquidity and transparency through smart contracts. Credit Default Swaps (CDS): Aave's Umbrella module and Opium's CDS products reduce counterparty default risk in DeFi through automatic execution and tradable agreements. Delegated Lending and Restaking Insurance: Maple's "pool delegate + sub-leading" model expands the coverage and layering of lending services. SyrupUSDC boosts capital efficiency through a "restaking + insurance pool" design. The Future of DeFi: High-Dimensional AMMs and Modular Stablecoins With institutions now actively engaging with DeFi, the infrastructure must evolve. Platforms like Uniswap V3 and Curve, though dominant, often face challenges in multi-asset environments. To address this, Paradigm has recently proposed the Orbital AMM, which leverages spherical and toroidal invariants in high-dimensional space to enable single-pool, multi-assets trading, significantly reducing slippage and maximizing capital efficiency. As the stage is set for an institutional DeFi summer, HTX remains committed to expanding in DeFi, leveraging its forward-thinking insights and comprehensive product offerings to empower users to seize opportunities in the burgeoning on-chain finance landscape. About HTX Research HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends. Committed to providing data-driven insights and strategic foresight, HTX Research plays a pivotal role in shaping industry perspectives and supporting informed decision-making within the digital asset space. Through rigorous research methodologies and cutting-edge analytics, HTX Research remains at the forefront of innovation, driving thought leadership and fostering a deeper understanding of evolving market dynamics.
Yahoo
21-05-2025
- Business
- Yahoo
Bitcoin Futures Open Interest Zoom as BTC Inches Towards All-Time High; DOGE, ADA, XRP Add 4%
Bitcoin (BTC) is inches away from its all-time high, hovering over $107,000, with analysts eyeing a move higher in the coming days. Futures open interest across major exchanges hit $75 billion, an all-time high on Tuesday in U.S. dollar terms, signaling heightened speculative activity and leveraged positioning. That comes alongside a continued rally in spot markets, with BTC holding above $100,000 for more than 11 straight days — a sign, some traders say, of accumulation and strength at current levels. 'The current price action appears to be a consolidation phase,' said Ruslan Lienkha, chief of markets at YouHodler, in an email to CoinDesk. 'It's marked by accumulation, potentially setting the stage for another leg higher that could lead to a new all-time high.' Bitcoin was changing hands above $107,500 as of Tuesday morning, up nearly 1.5% over the past 24 hours. Ether (ETH) and Solana's SOL added 2%, while dogecoin (DOGE), Cardano's ADA and xrp (XRP) bumped 3%. Derivatives data support the bullish outlook. The call-to-put open interest ratio reached 1.55 this weekend. At the same time, premiums for out-of-the-money calls rose across the board, a sign traders are positioning for a breakout, HTX Research's Chloe Zheng said in a weekend update shared with CoinDesk. Meanwhile, short-term implied volatility (IV) dropped to an 18-month low of 35–40%, reflecting a relatively calm backdrop despite rising positioning, HTX said. 'This mix of euphoric sentiment and low volatility often conceals the build-up of excessive leverage,' HTX Research noted in a weekend update. 'But under such conditions, Bitcoin could retest new highs within 30–45 days.' Still, resistance at the $107,000 level has held for now. FxPro analyst Alex Kuptsikevich said in an email that the market is driven by 'a crowd of retail investors' and momentum-chasing traders who remain undeterred by macro uncertainty or recent exchange security concerns. 'Further dynamics will depend on changes in global risk appetite,' Kuptsikevich wrote. 'If the resistance at $107K is broken, there are more chances to restore the uptrend. That opens a path toward $115K.' Sign in to access your portfolio
Malaysian Reserve
20-05-2025
- Business
- Malaysian Reserve
HTX DeepThink: Bullish Sentiment Builds as BTC Holds Steady-Which Altcoins Will Lead the Rotation?
SINGAPORE, May 20, 2025 /CNW/ — As mid-May unfolds, crypto market sentiment continues to rise. While major assets trend steadily upward, capital is beginning to rotate into fundamentally solid altcoins. In this edition of HTX DeepThink, Chloe (@ChloeTalk1) from HTX Research shares her macro outlook and strategic insights, with a spotlight on rotation opportunities across the SUI ecosystem and the emerging AttentionFi sector. Macro Outlook: Rising Bullish Sentiment Amidst Steady Short-Term Uptrend This week's U.S. economic calendar is light on major data releases. Market attention is primarily directed towards Federal Reserve officials' interpretations of recent commentary suggesting a possible single interest rate cut in 2025. Analysis of options market data shows a prevailing bullish sentiment: the Call/Put open interest ratio has reached 1.55, accompanied by increasing premiums for call options. At the same time, short-term implied volatility (IV) has dropped to a new 18-month low of 35–40%. In short: the market is experiencing 'euphoric sentiment amid calm volatility.' Under such conditions, Bitcoin could retest new highs within the next 30–45 days, targeting the $105K–$115K range. However, this mix of high sentiment and low volatility often conceals the build-up of excessive leverage. A sudden surge in IV or a meaningful drop below $100K could trigger a sharp deleveraging event. Strategic Positioning: Capital Rotation into High-Quality Altcoins for Momentum Capture From a capital allocation perspective, rotating a portion of capital into fundamentally strong and liquid altcoins may present an opportunity to capitalize on potential spillover momentum from Bitcoin's upward trajectory. This edition of HTX DeepThink highlights promising sectors and projects worthy of investor attention. SUI Ecosystem: All-Time High Market Cap, Undervalued Core Project The SUI chain has reached an all-time high in market cap, but its ecosystem projects have yet to follow with substantial gains. This opens a window for early positioning in undervalued ecosystem leaders. HTX has listed two standout projects within the SUI ecosystem: Haedal and Bluefin. Haedal is the dominant LST (liquid staking) protocol on SUI, commanding 76% of market share and benefiting from strong network effects. Bluefin, SUI's flagship perpetual DEX, currently holds a market cap of only $31.6M yet has achieved an annualized revenue of $8.2M, implying a price-to-sales (P/S) ratio of just 3.8x—far lower than GMX (9.1x) and Drift (12.4x). The upcoming V2 upgrade will introduce veTokenomics and new trading incentives, potentially boosting both user activity and protocol revenues. Given the rising attention on SUI's mainnet, Haedal and Bluefin appear to exhibit dual potential for valuation recovery and Beta-driven upside, which may warrant mid-term attention from market participants. AttentionFi: Capitalizing on Bull Market User Acquisition Premium New Web3 projects are launching rapidly, and the cost of user acquisition is soaring. In traditional channels like Telegram, Google, or Red Note, user acquisition cost (UAC) is calculated via 'traffic × conversion rate.' With CPCs at $0.5–1.0 and conversion rates around 10%, it can cost $5–10 to acquire a real, retained user. Kaito offers a far more efficient 'attention engine.' Its API charges based on a combination of reputation score and meaningful engagement. As a result, project teams can acquire real users with 3–4x higher retention at just $2–3 per user—much lower than traditional channels. With this model, Kaito has grown rapidly, expanding from 30 to 120 integrated projects in the past three months, and quadrupling API call volume. Meanwhile, $KAITO staking has surged to 19.7M tokens, and the protocol has cumulatively bought back and burned 3.7M tokens, creating a strong demand-supply mismatch and deflationary pressure that supports higher price ceilings. On Base chain's IDO platform Virtuals, users who stake ≥5,000 $KAITO can earn Virgen Points to redeem IDO allocations. Several recent IDOs have seen 10–30x returns on day one, forming a lucrative loop: stake → points → arbitrage. With the recent listing of $KAITO on HTX, its liquidity is expanding—and in a bull market where competition for user attention intensifies, Kaito's combination of low-cost, high-precision targeting and deflationary tokenomics makes it a promising asset to watch. *The above content is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. About HTX DeepThink: HTX DeepThink is a flagship market insights column created by HTX, dedicated to exploring global macro trends, key economic indicators, and major developments across the crypto industry. In a world where volatility is the norm, HTX DeepThink aims to help readers 'Find Order in Chaos.' About HTX Research HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends.
Cision Canada
20-05-2025
- Business
- Cision Canada
HTX DeepThink: Bullish Sentiment Builds as BTC Holds Steady--Which Altcoins Will Lead the Rotation?
SINGAPORE, May 20, 2025 /CNW/ -- As mid-May unfolds, crypto market sentiment continues to rise. While major assets trend steadily upward, capital is beginning to rotate into fundamentally solid altcoins. In this edition of HTX DeepThink, Chloe (@ ChloeTalk1) from HTX Research shares her macro outlook and strategic insights, with a spotlight on rotation opportunities across the SUI ecosystem and the emerging AttentionFi sector. Macro Outlook: Rising Bullish Sentiment Amidst Steady Short-Term Uptrend This week's U.S. economic calendar is light on major data releases. Market attention is primarily directed towards Federal Reserve officials' interpretations of recent commentary suggesting a possible single interest rate cut in 2025. Analysis of options market data shows a prevailing bullish sentiment: the Call/Put open interest ratio has reached 1.55, accompanied by increasing premiums for call options. At the same time, short-term implied volatility (IV) has dropped to a new 18-month low of 35–40%. In short: the market is experiencing "euphoric sentiment amid calm volatility." Under such conditions, Bitcoin could retest new highs within the next 30–45 days, targeting the $105K–$115K range. However, this mix of high sentiment and low volatility often conceals the build-up of excessive leverage. A sudden surge in IV or a meaningful drop below $100K could trigger a sharp deleveraging event. Strategic Positioning: Capital Rotation into High-Quality Altcoins for Momentum Capture From a capital allocation perspective, rotating a portion of capital into fundamentally strong and liquid altcoins may present an opportunity to capitalize on potential spillover momentum from Bitcoin's upward trajectory. This edition of HTX DeepThink highlights promising sectors and projects worthy of investor attention. SUI Ecosystem: All-Time High Market Cap, Undervalued Core Project The SUI chain has reached an all-time high in market cap, but its ecosystem projects have yet to follow with substantial gains. This opens a window for early positioning in undervalued ecosystem leaders. HTX has listed two standout projects within the SUI ecosystem: Haedal and Bluefin. Haedal is the dominant LST (liquid staking) protocol on SUI, commanding 76% of market share and benefiting from strong network effects. Bluefin, SUI's flagship perpetual DEX, currently holds a market cap of only $31.6M yet has achieved an annualized revenue of $8.2M, implying a price-to-sales (P/S) ratio of just 3.8x—far lower than GMX (9.1x) and Drift (12.4x). The upcoming V2 upgrade will introduce veTokenomics and new trading incentives, potentially boosting both user activity and protocol revenues. Given the rising attention on SUI's mainnet, Haedal and Bluefin appear to exhibit dual potential for valuation recovery and Beta-driven upside, which may warrant mid-term attention from market participants. AttentionFi: Capitalizing on Bull Market User Acquisition Premium New Web3 projects are launching rapidly, and the cost of user acquisition is soaring. In traditional channels like Telegram, Google, or Red Note, user acquisition cost (UAC) is calculated via "traffic × conversion rate." With CPCs at $0.5–1.0 and conversion rates around 10%, it can cost $5–10 to acquire a real, retained user. Kaito offers a far more efficient "attention engine." Its API charges based on a combination of reputation score and meaningful engagement. As a result, project teams can acquire real users with 3–4x higher retention at just $2–3 per user—much lower than traditional channels. With this model, Kaito has grown rapidly, expanding from 30 to 120 integrated projects in the past three months, and quadrupling API call volume. Meanwhile, $KAITO staking has surged to 19.7M tokens, and the protocol has cumulatively bought back and burned 3.7M tokens, creating a strong demand-supply mismatch and deflationary pressure that supports higher price ceilings. On Base chain's IDO platform Virtuals, users who stake ≥5,000 $KAITO can earn Virgen Points to redeem IDO allocations. Several recent IDOs have seen 10–30x returns on day one, forming a lucrative loop: stake → points → arbitrage. With the recent listing of $KAITO on HTX, its liquidity is expanding—and in a bull market where competition for user attention intensifies, Kaito's combination of low-cost, high-precision targeting and deflationary tokenomics makes it a promising asset to watch. *The above content is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. About HTX DeepThink: HTX DeepThink is a flagship market insights column created by HTX, dedicated to exploring global macro trends, key economic indicators, and major developments across the crypto industry. In a world where volatility is the norm, HTX DeepThink aims to help readers " Find Order in Chaos." About HTX Research HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends.
Cision Canada
28-04-2025
- Business
- Cision Canada
Sonic: A Model for the New DeFi Paradigm
SINGAPORE, April 28, 2025 /CNW/ -- As Layer 2 scaling solutions remain a focal point of industry discourse, Sonic presents a fundamental shift in blockchain architecture. HTX Research has announced the release of its latest report, " Sonic: A Model for the New DeFi Paradigm" The report dives into the details of the Sonic public chain. Sonic's Evolution: 2000+ TPS, 0.7s Confirmation, Near-Zero Fees The Fantom Opera blockchain, initially recognized for its speed and throughput as a high-performance aDAG-based Layer 1 solution, encountered scalability limitations as its ecosystem expanded. Its traditional EVM architecture struggled with bloated state storage, slow node synchronization, and execution bottlenecks. To overcome these challenges without resorting to sharding or Layer 2 solutions, Fantom developed Sonic — a fundamental redesign engineered to deliver a significant performance leap. Sonic Labs, a new team led by CEO Michael Kong, CTO Andre Cronje (founder of Yearn Finance), and Chief Research Officer Bernhard Scholz, dedicated two and a half years to the redesign of Fantom's virtual machine, storage, and consensus. They built Sonic, a new, independent EVM-compatible chain capable of processing over 2,000 TPS, achieving 0.7-second finality, and executing transactions at a cost of $0.0001. It also improves storage efficiency by 90% and reduces node synchronization time from weeks to under two days. Technical Innovations Driving Sonic's Performance Sonic's enhanced performance is underpinned by three core technological advancements: SonicVM: A newly developed virtual machine fully compatible with the EVM, SonicVM optimizes computationally intensive operations like SHA3 hashing, pre-analyzes jump instructions, delivers significantly faster execution, and supports high throughput. SonicDB: Achieving nearly 90% data compression, SonicDB uses a layered storage strategy that splits the blockchain state into two databases: LiveDB for the current global state and ArchiveDB for historical blocks and states. This reduces node requirements and enhances network resilience through greater decentralization. Sonic Gateway: Functioning like an "L2-like" bridging solution to Ethereum, it uses a batch processing mechanism that strikes a balance between security and efficiency, enabling seamless two-way asset transfers and ecosystem access. Stablecoin Ecosystem: Nested Yield and Resilient Growth Defying market trends in 2025, Sonic's on-chain Total Value Locked (TVL) surged by over 500%, with the total stablecoin supply surpassing $260 million. This growth is driven by sophisticated high-leverage yield mechanisms. Silo v2 Loop Lending: Use staked S tokens to borrow stablecoins, achieving up to 20x exposure to capture combined incentives alongside stable yield spreads. Euler + Rings Protocol Combo: Deposit USDC to mint scUSD, then use leverage to potentially achieve up to 10x yield, along with Sonic points and protocol rewards. Shadow DEX Liquidity Provision for Rewards: By facilitating trading activity, particularly with the S/stS pair on Shadow, users can earn up to 169% APY and a share of trading fees. Looking ahead, the ecosystem will incorporate Real World Asset (RWA) yields and off-chain payment solutions to create a sustainable and widely used stablecoin ecosystem backed by compliant assets and real-world applications. Conclusion: Sonic - Leading the Charge in DeFi 2.0 Sonic's high performance, nested yields, and accessibility position it for rapid growth, with the potential to exceed $2B TVL and a multi-billion $S token market cap within a year. More importantly, Sonic is championing an "efficiency revolution" in blockchain design—prioritizing performance and capital efficiency to attract liquidity. The report identifies technical challenges, including the adaptive AMM's reliance on external oracles, which introduces potential vulnerabilities. Furthermore, the inherent risks of high-leverage strategies in volatile markets necessitate the use of hedging instruments, such as short perpetual futures, to mitigate potential liquidations. From a broader view, Sonic is well-positioned to lead the expected 2025 DeFi resurgence. Its thriving stablecoin ecosystem boosts the value of both the $S token and the network. Even in a bear market, Sonic demonstrates the potential for DeFi to establish resilient "yield havens" through innovation and performance. With its nested yields, developer-focused incentives, and efficient infrastructure, Sonic provides a model for the industry. The integration of RWAs and payment tools could place Sonic as a critical bridge between on-chain yields and real-world utility, driving DeFi toward mass adoption HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends.
