1. Hyperliquid's recent crude oil perpetual contract trading volume surged to approximately $7.3 billion .
Trading volume of crude oil perpetual contracts on the cryptocurrency trading platform Hyperliquid has surged recently. Kaiko data shows that the platform's cumulative trading volume for crude oil perpetual contracts has soared from approximately $339 million on February 28th to approximately $7.3 billion. Because perpetual contracts support 24/7 trading, some traders are betting on oil price movements in advance while traditional futures markets are closed on weekends.
The latest monthly trading volume rankings for the top ten decentralized perpetual contract (Perps) exchanges have been released. Hyperliquid leads the pack with a monthly trading volume of $178.23 billion. Aster ($77.77 billion), EdgeX ($70.83 billion), and Lighter ($65.47 billion) rank second through fourth, respectively. This data indicates that the decentralized derivatives sector continues to attract market attention and capital inflows.
2. The TrumpMeme team will host a luncheon for Trump token holders on April 25th.
According to the TrumpMeme website, a crypto and business-themed conference will be held on April 25, 2026, in Mar-a-Lago, with Donald Trump as one of the speakers. Seating is limited to 297 people, and eligibility is based on a Trump token holding leaderboard; the top 297 holders will be able to attend the event, with the top 29 receiving additional VIP treatment.
3. Backpack announced that TGE will be held on March 23, during which 25% of the tokens will be unlocked as LINK .
Backpack announced that its TGE will be held on March 23. According to the announced token distribution plan, 25% (approximately 250 million tokens) will be unlocked during the TGE, with Points airdropping 24% (approximately 240 million tokens) and Mad Lads accounting for 1% (approximately 10 million tokens). 37.5% (625 million tokens) from the pre-IPO phase will be unlocked triggered by growth milestones; 37.5% (375 million tokens) from the post-IPO phase will go into the company vault and be fully locked one year after the IPO as long-term strategic digital assets.
4. Sonic Labs announces the launch of its network-native USD stablecoin, USSD link .
Sonic Labs has announced the launch of its network-native USD stablecoin, USSD (US Sonic Dollar), positioned as a stable liquidity layer within the Sonic ecosystem. USSD is built on the Frax Finance infrastructure and is backed 1:1 by US Treasury securities issued by BlackRock, Superstate, and WisdomTree.
5. Polkadot announced the official launch of its issuance model upgrade, setting a maximum supply cap of 2.1 billion DOT tokens.
Polkadot officially announced that its issuance model upgrade officially launched on March 14th (Pi Day). This protocol change primarily introduces two core measures: first, setting a maximum supply cap of 2.1 billion DOT tokens (currently about 80% have been issued); second, reducing DOT emissions by approximately 53% starting March 14th, with plans for further reductions in the future. The official statement indicates that these changes, proposed by the community and approved by OpenGov, aim to limit long-term issuance, maintain incentive mechanisms, and provide a transparent and predictable issuance plan.
Previously, asset management firm 21Shares launched the first U.S. spot Polkadot (DOT) ETF, ticker symbol TDOT, which is already listed and traded on Nasdaq. This ETF has a physically backed structure, directly holding DOT tokens to track their price performance, with a management fee of approximately 0.30%, allowing investors to gain exposure to Polkadot through traditional brokerage accounts.
6. Base Chain Uniswap V2 daily transaction volume plummeted; backtesting showed over 95% of activity originated from Scam Link .
Since Uniswap introduced fees, Uniswap V2 trading volume on the Base network has declined significantly, from an average of $55-100 million per day to $24-35 million per day. Furthermore, 90% of this trading volume did not actually pay fees to the protocol, as these transactions largely originated from rug pull projects. Backtesting revealed that over 95% of Uniswap V2 activity on Base originated from scams.
7. OP Labs CEO: Ample funds; layoffs of 20 employees unrelated to financial matters .
According to OP Labs CEO Jing Wang, OP Labs will be laying off 20 team members. Affected employees will communicate with their supervisors within hours. This adjustment is unrelated to the company's financial situation; the company has sufficient funds and several years of operational reserves. The main purpose is to narrow the scope of business focus, improve decision-making efficiency, and reduce collaboration costs. The compensation package starts at three months' base salary, with an additional month for each year of service, up to a maximum of five months. Departing employees will enjoy six months of renewed medical insurance and will retain their personal laptops. Jing Wang stated that he will personally assist departing employees in making referrals.
8. Across Protocol releases a proposal: ACX holders can choose to exchange their tokens for company equity (link) at a 1:1 ratio.
Across Protocol, a Paradigm-backed cross-chain bridge protocol, has released a temperature check proposal to explore transforming a DAO architecture into a US-based C-corp company. If approved by the community, ACX holders can choose to exchange their tokens for company equity at a 1:1 ratio or redeem their tokens at 0.04375 USDC per token.
Previously, on March 4, 2025, the cross-chain interoperability protocol Across Protocol raised $41 million by selling its ACX tokens to investors. Paradigm led the round, with participation from Bain Capital Crypto, Coinbase Ventures, Multicoin Capital, and others. This funding round brought Across's total funding to $51 million, following a $10 million token funding round in November 2022.
9. Pump fun has registered subdomains for Base, BSC, Monad, and Ethereum, and removed the "Solana" location tag link.
Pumpfun has registered subdomains for Base, BSC, Monad, and Ethereum, suggesting the platform may be considering expanding beyond the Solana ecosystem to other blockchains. Additionally, Pumpfun has removed the "Solana" location tag from its X account profile.
Previously, Pump Fun founder Alon stated on the X platform that despite the unfavorable market environment, the team will continue to rapidly and aggressively expand its staff and provide technical support in areas such as cross-chain transaction infrastructure. He stated that resources will continue to be invested to drive the growth of the Pump Fun core platform, the Pump Fun mobile application, and Terminal.
10. Starknet launches STRK20 privacy token standard: providing default privacy features for ERC-20 .
Starknet has announced the launch of its STRK20 privacy token standard, designed to provide default privacy features for ERC-20 tokens. Based on the Starknet Privacy Pool and zero-knowledge proof technology, this solution makes the addresses of both parties and the transaction amount invisible to the outside world on-chain, while supporting DeFi operations such as DEX trading and staking. The developers claim that this architecture provides privacy while meeting compliance auditing requirements by allowing encrypted viewing of keys.
