Ondo Finance launched its perpetual DEX trading platform less than a month ago, and its daily trading volume has more than doubled from $128 million to over $300 million, pushing cumulative volume close to $6 billion. This growth is notable as it occurs despite a bearish crypto market where overall DEX and perps volumes are declining. Ondo's rising Open Interest and expanding asset offerings, including tokenized equities and commodities like Nvidia, Tesla, oil, and gold, suggest it is becoming a preferred platform for traders. If this momentum continues, Ondo could challenge established perps DEX platforms like Aster, Lighter, and even Hyperliquid in the near future.
Elon Musk has confirmed that his company is in discussions with Terafab, marking a potential new chip manufacturing partner alongside Intel, which has been the only named chip partner until now. This development could diversify the supply chain and e...
Goldman Sachs warns diesel prices may remain elevated through 2027 as refinery capacity struggles to meet recovering demand from inventory rebuilding. Despite crude oil stabilizing around $80 per barrel, refined product premiums like diesel and jet f...
Parataxis Ethereum has officially canceled its planned merger with Parataxis Korea due to complications from a delisting dispute and potential large shareholder cash claims that threatened its liquidity. Both companies' boards approved the terminatio...
Sandisk holds a $93.9 billion contract backlog supported by $16.5 billion in financial guarantees and has already received $2.5 billion, reflecting strong customer commitment. The company projects an adjusted free cash flow of $8.74 billion for fisca...
Chainlink (LINK) is trading around $13.84 after pulling back from a brief surge above $15. The token maintains an ascending support line from August near $13, signaling ongoing bullish momentum. The network launched CCIP 2.0, enhancing security and s...
